Digital innovation: an antecedent for digital transformation

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Tarih

2020

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

İstanbul Ticaret Üniversitesi

Erişim Hakkı

info:eu-repo/semantics/openAccess

Özet

Digital innovation facilitates digital transformation of companies. Companies which conduct digital innovation can have and sustain competitive advantages in the market place. Digital product innovation, digital process innovation and digital business model innovation are major types of digital innovation. The purpose of this paper is to highlight the concept of digital innovation, explain its types and focus on its advantages for companies. Digital innovation is using information and communication technology (ICT) to create new and improved products, processes, business models, marketing and organizational methods and network. It has three main types namely digital product innovation, digital process innovation and digital business model innovation. Its advantages can be summarized as reducing costs, improving productivity and relationships with stakeholders, and increasing competitive advantages, market share, sales and profits.

Açıklama

Anahtar Kelimeler

Digital Innovation, Digital Transformation, Advantages

Kaynak

International Journal of Commerce and Finance

WoS Q Değeri

Scopus Q Değeri

Cilt

6

Sayı

2

Künye