Digital Transformation, Digital Entrepreneurship, and Economy: A Cross-Country Analysis Using Moderated Mediation Modeling Technique

Sangita Dutta Gupta () and Madhumita Guha Majumder ()
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Sangita Dutta Gupta: BML Munjal University
Madhumita Guha Majumder: Prin. L.N. Welingkar Institute of Management Development & Research

A chapter in Risks and Resilience of Emerging Economies, 2023, pp 47-70 from Springer

Abstract: Abstract Entrepreneurship can boost the economic health of a country and hence is considered to be a driver of growth. The advent of digitalization or digital transformation has transformed the entrepreneurial process. The diffusion of technology enhances competitiveness and drives entrepreneurial growth. This study identifies the determinants of digital adoption required for digital or technological entrepreneurship. Data related to the digital platform economy index of 116 countries are collected from The Global Entrepreneurship and Development Institute. Data is collected for the year 2020 and GNI (Gross National Income) per capita data is collected from the World Bank. Data analysis is done in three phases—descriptive analysis, correlation analysis, and path analysis using Smart PLS 3.0. The study confirms that digital access, digital literacy, and financial facilitation contribute to the digital technology entrepreneurship of a country. Digital technology entrepreneurship impacts the economic well-being of a country measured through GNI per capita. The study further establishes digital access, digital literacy, and financial facilitation affect the GNI per capita of a country through digital entrepreneurial activities. However, these effects depend on the county type categorized on the basis of GNI per capita. The study has practical implications, especially in the wake of the Covid-19 pandemic. Countries need to embrace technology that can enhance technology entrepreneurship leading to economic well-being.

Keywords: Technology entrepreneurship; Digital transformation; Economic wellbeing; Covid-19 pandemic (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-981-99-4063-9_3

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