The impact of digitalization towards the sustainability of Malaysian SMEs: the dynamic capabilities perspective
In many developing countries SMEs is considered as one of the main contributors to their economies. However, Malaysian SMEs still face numerous chal�lenges in all sectors. Uncertainties such as Covid-19 and digitalization are the main current uncertain issues in Malaysia. This paper examines the...
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Main Authors: | , , , |
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Format: | Book Chapter |
Language: | English English |
Published: |
Springer Nature
2023
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Subjects: | |
Online Access: | http://irep.iium.edu.my/106011/4/106011_The%20impact%20of%20digitalization%20towards%20the.pdf http://irep.iium.edu.my/106011/5/106011_The%20impact%20of%20digitalization%20towards%20the_Scopus.pdf http://irep.iium.edu.my/106011/ https://link.springer.com/chapter/10.1007/978-3-031-28314-7_1 |
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Summary: | In many developing countries SMEs is considered as one of the main
contributors to their economies. However, Malaysian SMEs still face numerous chal�lenges in all sectors. Uncertainties such as Covid-19 and digitalization are the main
current uncertain issues in Malaysia. This paper examines the resource capabilities of
Malaysian SMEs in handling uncertain environments by identifying the importance
of digitalization in their efforts to maintain the sustainability of their market. The
quantitative method was employed by using a questionnaire to collect data that repre�sented the research objective. A preliminary study is conducted to test the reliability
and validity of the questionnaire. The paper also discusses the preliminary data anal�ysis and descriptive analysis of study variables. As a result, the researcher addressed
the preliminary study findings accordingly. The study found that SMEs somehow
agreed that business sustainability depends on the speed of responses towards envi�ronmental changes and digitalization are considered the long-term sustainable busi�ness plan. The study contributes to existing literatures as well as benefits both govern�mental and non-governmental institutions, policymakers, and agencies by providing
crucial information which assists them to identify the proper plan and assistance for
SMEs. The main concern for this study is to assist SMEs in being more stable and
sustainable during the challenging uncertain market conditions. |
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