TECHNOLOGICAL ENTREPRENEURSHIP FOR ECONOMIC DEVELOPMENT IN SOUTH EAST ASIAN COUNTRIES - A CASE OF MALAYSIA, SINGAPORE AND THAILAND
Journal: International Journal of Management (IJM) (Vol.11, No. 12)Publication Date: 2020-12-31
Authors : Uma Gunasilan Norshahrizan Nordin Tunku Salha Tunku Ahmad Julinawati Suanda;
Page : 30-40
Keywords : Digital Transformation; Technological Entrepreneurship; Organizational Performance.;
Abstract
Digital transformation is the profound transformation of business activities and processes to access the changes and opportunities evolved from the new generation of technology and their positive impact. Accordingly, organizations which implement digital transformation are often rewarded by increases in productivity, profit margins and market share. Basic principles and theories of digital transformation lead to a profitable and constructive business model and procedures. In this regard, the basic principle of digital transformation emphasizes on maintenance of data security, customer centricity as well as developing agility of business technologies. Similarly several researchers have focused on technological entrepreneurs, their capabilities and innovation; while some have emphasized on the relation between digital transformation and technological entrepreneurs and on the impact of the former on the latter. However, no specific research has been conducted on the impact of the fusion of digital transformation and technological entrepreneurship on the organizational performance. Thus, this study focuses on the role and impact on the performance of organizations on adopting digital transformation and technological entrepreneurship. The research primarily emphasizes on the South Asian countries, namely, Malaysia, Thailand and Singapore to study the digital transformation and organizational performance of technological entrepreneurship.
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