Education, Science, Technology, Innovation and Life
Open Access
Sign In

A Study on Digital Transformation of Small and Medium-sized Enterprises under Matching Resources and Capabilities

Download as PDF

DOI: 10.23977/ferm.2025.080115 | Downloads: 4 | Views: 140

Author(s)

Zhu Jinchen 1

Affiliation(s)

1 Simon Fraser University, Vancouver, British Columbia, Canada

Corresponding Author

Zhu Jinchen

ABSTRACT

Against the backdrop of the digital wave sweeping across the globe, small and medium - sized enterprises (SMEs), as a crucial engine of economic development, are now confronted with unprecedented opportunities and challenges. Digital transformation is not merely a pivotal avenue for enhancing enterprise competitiveness but also an inevitable choice for achieving sustainable development. Nevertheless, during the transformation process, SMEs are often constrained by resource scarcity and insufficient capabilities, resulting in less - than - satisfactory transformation outcomes. The issue of the matching between resources and capabilities has emerged as the core bottleneck restricting the digital transformation of SMEs. This research focuses on the perspective of the matching between resources and capabilities, aiming to explore how SMEs can achieve breakthroughs in digital transformation by optimizing resource allocation and enhancing core capabilities under the condition of limited resources. By integrating theory with practice, this paper provides practical transformation strategies for SMEs, enabling them to seize the initiative in the digital era and achieve high - quality development. 

KEYWORDS

Resource and capability matching; Small and medium enterprises (SMEs); Digital transformation

CITE THIS PAPER

Zhu Jinchen, A Study on Digital Transformation of Small and Medium-sized Enterprises under Matching Resources and Capabilities. Financial Engineering and Risk Management (2025) Vol. 8: 113-119. DOI: http://dx.doi.org/10.23977/ferm.2025.080115.

REFERENCES

[1] Chen C L, Lin Y C, Chen W H, et al. Role of government to enhance digital transformation in small service business[J]. Sustainability, 2021, 13(3): 1028.
[2] Li W, Pang W. Digital inclusive finance, financial mismatch and the innovation capacity of small and medium-sized enterprises: Evidence from Chinese listed companies[J]. Heliyon, 2023, 9(2):12.
[3] Ghobakhloo M, Iranmanesh M. Digital transformation success under Industry 4.0: a strategic guideline for manufacturing SMEs[J]. Journal of Manufacturing Technology Management, 2021, 32(8): 1533-1556.
[4] Cannas R. Exploring digital transformation and dynamic capabilities in agrifood SMEs[J]. Journal of Small Business Management, 2023, 61(4): 1611-1637.
[5] Kraft C, Lindeque J P, Peter M K. The digital transformation of Swiss small and medium-sized enterprises: insights from digital tool adoption[J]. Journal of Strategy and Management, 2022, 15(3): 468-494.

Downloads: 32552
Visits: 711835

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.