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Journal: International Journal of Management (IJM) (Vol.12, No. 1)

Publication Date:

Authors : ;

Page : 325-334

Keywords : technological entrepreneurship; entrepreneurship; digitization; digital transformation; technopreneurship;

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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. Digital technologies are also affecting the supply and demand of the sector. Apparently, more firms are keen in optimizing the methods of utilizing their assets to foster productivity. Thus, digital technologies are seen as ideal mechanisms for changing the patterns of energy consumption, optimizing asset, fostering cross-industry partnerships, and fostering a greater use of industrial platforms. Adapting open inventions, paradigm accepts that organizations have to utilize the internal ideas and as well as the external ideas and further the internal paths and external paths to market established companies are building up structural programs to harness the power of entrepreneurial.

Last modified: 2021-03-11 18:44:21