Business innovation and critical success factors in the era of digital transformation and turbulent times

Anna Florek-Paszkowska (), Anna Ujwary-Gil and Bianka Godlewska-Dzioboń ()
Additional contact information
Anna Florek-Paszkowska: Ph.D., CENTRUM Católica Graduate Business School and Pontificia Universidad Católica del Perú, Urbanización Los à lamos de Monterrico, Jirón Daniel Alomía Robles 125, Santiago de Surco 15023, Lima, Peru
Bianka Godlewska-Dzioboń: Ph.D., Assistant Professor, Cracow University of Economics, Rakowicka 27, 31-510 Kraków, Poland

Journal of Entrepreneurship, Management and Innovation, 2021, vol. 17, issue 4, 7-28

Abstract: PURPOSE: Explore what entrepreneurship and success factors can help drive business to resilience and stability and achieve competitive advantage through innovation in different countries and business realities in the era of digital transformation and turbulent times. METHODOLOGY: Based on the narrative literature review, we present research findings concerning new strategies and outlooks for business innovation in times of many unknowns. Each organization wants to find its way to gain success and create its unique business model, which can capture value creation and innovativeness and be more adaptive, resilient, and stable in critical moments and sustainable over time. FINDINGS: The articles presented in this issue explore the essential factors of business innovation and success in different organizations and the environments in which these businesses function. IMPLICATIONS FOR THEORY AND PRACTICE: This article synthesizes the presented research field’s importance and relevance, connecting its theoretical background with practical research. Recommendations and implications for future trends of this research stream might also be helpful for professionals and academicians. ORIGINALITY AND VALUE: The novel studies presented in this issue were done in five different (developing and developed) countries and business sectors that present human-based and non-human-based factors as crucial factors needed to empower business transformation in a complex world. Each group of elements is essential in business success, and their components are interdependent. We need to look at the interactions and interdependencies of their components in a dynamic and network form and cannot simplify the reality, focusing only on one group of business components and ignoring the other. These unique studies provide a valuable outlook to establish dynamic, adaptive business pathways towards a sustainable and resilient organizational future and propose future research paths needed to execute structural changes in businesses.

Keywords: business model; innovation; critical success factors; digital transformation; knowledge management; talent management; competitiveness; leadership; transformation; change management; VUCA (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://jemi.edu.pl/uploadedFiles/file/all-issues/ ... e4_2021_Article1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aae:journl:v:17:y:2021:i:4:p:7-28

DOI: 10.7341/20211741

Access Statistics for this article

More articles in Journal of Entrepreneurship, Management and Innovation from Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione"
Bibliographic data for series maintained by Anna Ujwary-Gil ().