LITERATURE REVIEW ON THE ROLE OF E-COMMERCE IN CORPORATE PERFORMANCE IN THE DIGITAL ECONOMY ERA

The development of digital technology, particularly in the economic sector, has brought significant changes for companies in conducting business. The digital economy has emerged as a response to the Fourth Industrial Revolution (Industry 4.0). One of the digital economy sectors that has experienced rapid growth is e-commerce. E-commerce offers vast opportunities for companies to expand markets, improve operational efficiency, and enhance financial performance. This study aims to examine the impact of e-commerce on company performance in the digital era through a literature review method. The study analyzes various previous researches on e-commerce and its impact on company performance, as well as identifying knowledge gaps that require further exploration. The findings indicate that, while e-commerce can enhance company performance, its optimal utilization heavily depends on the level of knowledge and skills of business operators in managing e-commerce platforms, as well as sufficient support in terms of training and mentorship. This study also highlights challenges faced, such as the lack of clear regulations regarding e-commerce transactions and issues concerning privacy and security in the digital space. Therefore, to maximize the potential of e-commerce, it is crucial for companies to develop internal capacities, utilize technology effectively, and support relevant policies and regulations.

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Publication Details

Journal
Proceeding of International Students Conference of Economics and Business Excellence
Published
2024-12-30
DOI
https://doi.org/10.33830/iscebe.v1i1.4297
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
0.00
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article

LITERATURE REVIEW ON THE ROLE OF E-COMMERCE IN CORPORATE PERFORMANCE IN THE DIGITAL ECONOMY ERA

Desi Permata Desi, Eko Dwi Putra
Proceeding of International Students Conference of Economics and Business Excellence
SMEs Development and Digital Marketing
article

LITERATURE REVIEW ON THE ROLE OF E-COMMERCE IN CORPORATE PERFORMANCE IN THE DIGITAL ECONOMY ERA

Desi Permata Desi, Eko Dwi Putra
article en

Abstract

The development of digital technology, particularly in the economic sector, has brought significant changes for companies in conducting business. The digital economy has emerged as a response to the Fourth Industrial Revolution (Industry 4.0). One of the digital economy sectors that has experienced rapid growth is e-commerce. E-commerce offers vast opportunities for companies to expand markets, improve operational efficiency, and enhance financial performance. This study aims to examine the impact of e-commerce on company performance in the digital era through a literature review method. The study analyzes various previous researches on e-commerce and its impact on company performance, as well as identifying knowledge gaps that require further exploration. The findings indicate that, while e-commerce can enhance company performance, its optimal utilization heavily depends on the level of knowledge and skills of business operators in managing e-commerce platforms, as well as sufficient support in terms of training and mentorship. This study also highlights challenges faced, such as the lack of clear regulations regarding e-commerce transactions and issues concerning privacy and security in the digital space. Therefore, to maximize the potential of e-commerce, it is crucial for companies to develop internal capacities, utilize technology effectively, and support relevant policies and regulations.

Proceeding of International Students Conference of Economics and Business ExcellenceVol. 1(1)
Indonesia Open University (ID), Andalas University (ID)
Openalex Percentile: Top 39%
SMEs Development and Digital Marketing
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