Analysis of the Current Situation and Problems of Digital Transformation of Micro, Small and Medium Enterprises in the Context of Digital Economy

Against the backdrop of the digital economy's rapid evolution, the digital transformation of small and medium-sized enterprises (SMEs)-a pivotal driver of China's economic growth, employment stability, and GDP contribution-has emerged as an imperative agenda.This study employs a questionnaire-based methodology to examine the current landscape and inherent challenges pertaining to the digital transformation of SMEs in China.The survey instrument encompasses 11 items, addressing domains such as operational and managerial bottlenecks, the deployment of digital technologies, assessments of digital transformation efficacy, and the underlying rationales for pursuing such transformation, upon which the research framework is constructed.The empirical findings indicate that Chinese SMEs generally suffer from inadequate cognition of digital transformation, underdeveloped foundational capacities, and multifaceted impediments.Specifically, during the course of digital transformation, SMEs encounter critical challenges including prohibitive costs, illdefined strategic pathways, and talent scarcity.Moreover, significant heterogeneities across different categories of SMEs exacerbate the complexity of their digital transformation endeavors.In light of these observations, this paper puts forward a set of policy recommendations from a governmental standpoint, aiming to accelerate the digital transformation of SMEs.These recommendations entail the formulation of a suite of enterprise-oriented policies, the development of intelligent platform ecosystems, the sustained advancement of new infrastructure projects, and the establishment of mechanisms to integrate technological resources and talent supply with SME needs.

Authors

Publication Details

Journal
OALib
Published
2025-01-01
DOI
https://doi.org/10.4236/oalib.1113940
Primary Topic
Global Political and Economic Relations
Type
article
Field-Weighted Citation Impact
0.00
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article

Analysis of the Current Situation and Problems of Digital Transformation of Micro, Small and Medium Enterprises in the Context of Digital Economy

Yongtao Zhou, Jiahao Song
OALib
Global Political and Economic Relations
article

Analysis of the Current Situation and Problems of Digital Transformation of Micro, Small and Medium Enterprises in the Context of Digital Economy

Yongtao Zhou, Jiahao Song
article en

Abstract

Against the backdrop of the digital economy's rapid evolution, the digital transformation of small and medium-sized enterprises (SMEs)-a pivotal driver of China's economic growth, employment stability, and GDP contribution-has emerged as an imperative agenda.This study employs a questionnaire-based methodology to examine the current landscape and inherent challenges pertaining to the digital transformation of SMEs in China.The survey instrument encompasses 11 items, addressing domains such as operational and managerial bottlenecks, the deployment of digital technologies, assessments of digital transformation efficacy, and the underlying rationales for pursuing such transformation, upon which the research framework is constructed.The empirical findings indicate that Chinese SMEs generally suffer from inadequate cognition of digital transformation, underdeveloped foundational capacities, and multifaceted impediments.Specifically, during the course of digital transformation, SMEs encounter critical challenges including prohibitive costs, illdefined strategic pathways, and talent scarcity.Moreover, significant heterogeneities across different categories of SMEs exacerbate the complexity of their digital transformation endeavors.In light of these observations, this paper puts forward a set of policy recommendations from a governmental standpoint, aiming to accelerate the digital transformation of SMEs.These recommendations entail the formulation of a suite of enterprise-oriented policies, the development of intelligent platform ecosystems, the sustained advancement of new infrastructure projects, and the establishment of mechanisms to integrate technological resources and talent supply with SME needs.

OALibVol. 12(08)
Decent work and economic growth
Openalex Percentile: Top 75%
Global Political and Economic Relations
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