Digital transformation in small and medium-sized enterprises: business model innovation and information technology adoption - the case of Austria. (27th February 2023)

• Record Type: Journal Article
• Authors: Eller, Robert; Kronenberg, Christopher; Peters, Mike
• Is Part Of: International journal of entrepreneurship and small business. Volume 48:Number 3(2023)
• Page Start: 318
• Page End: 342
• Publication Date: 2023-02-27
• Subjects: digital transformation -- SME -- performance -- information technology adoption -- business model innovation -- BMI -- Austria; Entrepreneurship -- Periodicals; Small business -- Management -- Periodicals; 658.42105
• Languages: English
• ISSNs: 1476-1297

Abstract

This study investigates digital technology adoption and business model innovation in Austrian small and medium-sized enterprises (SME) and the related impact on firm performance. Empirical findings based on a survey of 121 SMEs in Austria suggest that digital technology adoption is mediated by business model innovation, and increases the financial performance of SMEs in Austria. This study contributes to a growing interest in the digital transformation and business model innovation in SMEs which facilitate firm performance. Managerial and academic impacts are also discussed.