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The Impact of Digitalization and Sustainable Development Goals in SMEs’ Strategy: A Multi-Country European Study

Zhanna Belyaeva and Yana Lopatkova ()
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Yana Lopatkova: Ural Federal University

Chapter 2 in The Changing Role of SMEs in Global Business, 2020, pp 15-38 from Palgrave Macmillan

Abstract: Abstract The global economy evolution under the influence of Industry 4.0 and sustainable development builds a relatively new framework embracing the instrumental linkage of entrepreneurship, digitalization and sustainable development in the context of small and medium enterprises (SMEs). The study is an attempt to compare the role of SMEs under the framework of sustainable development goals (SDGs). The authors base the discussion on the results of their own research conducted among SMEs operating in six Western and Eastern European countries. Qualitative and quantitative analyses revealed that digitalization has the potential to positively affect the social and environmental dimensions of sustainable development. However, the overall sustainability of digitalized business has to receive more attention, in order to better understand this potential, and avoid rebound effects.

Keywords: Small and medium enterprises (SMEs); Sustainable development; Industry 4.0; Digitalization; EU; Russia (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pscchp:978-3-030-45835-5_2

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DOI: 10.1007/978-3-030-45835-5_2

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