10 research outputs found

    Supply chain mapping for improving “visilience”: A hybrid multi‐criteria decision making based methodology

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    Supply chain mapping is gaining heightened attention due to its vital role in improving supply chain visibility and resilience. Despite its crucial role in uplifting supply chain resilience, the critical elements of supply chain mapping are yet to be determined. The study adopts a twofold approach to identify and prioritize the dimensions and sub‐dimensions of supply chain (SC) mapping. At the first stage, through an extensive review of literature, 43 sub‐dimensions of SC mapping were identified. In the second stage, Gray ‐ DEMATEL‐based Analytic Network Process (GDANP) was employed by taking the input from 25 experts selected from Oil and Gas industry of an emerging market. The findings reveal three major dimensions of SC mapping followed by 15 sub‐dimensions. Among the dimensions, upstream mapping contains the highest priority weights, followed by midstream and downstream mapping. The findings suggest a step‐wise strategy to adopt SC mapping where upstream mapping should be given the first priority. The major contribution of this study is to develop a framework for measuring the extent of SC mapping of a firm using GDANP

    How Industry 4.0 technologies and open innovation can improve green innovation performance?

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    Purpose – This study investigates the impact of Industry 4.0 technologies on green innovation performance. In this relationship, the mediating role of green innovation behavior is also studied. Moreover, open innovation is tested as a mediator between Industry 4.0 technologies and green innovation behavior. Design/methodology/approach – A quantitative research method is adopted in which a structured questionnaire was used to collect data from 217 manufacturing firms of Malaysia. After collecting data, the partial least squares-structural equation modeling (PLS-SEM) technique is applied to analyze data and test the hypothesis of study. Findings – It is found that Industry 4.0 positively impacts open innovation which leads to green innovation behavior. Also, the former lays positive impact on green innovation behavior which leads to improve green innovation performance. Research limitations/implications – The authors conclude that Industry 4.0 technologies can play an important role to improve green innovation performance of Malaysian manufacturing firms by managing open innovation for green innovation behavior which further improves the green innovation performance. In this context, it is recommended that strategists and policymakers should undertake the role of open innovation and Industry 4.0 technologies to promote environment-friendly innovations and to promote the green behavior in companies. The authors suggest hereby that firms should be given incentives to adopt and utilize Industry 4.0 technologies and collaborative innovation interactions – as they foster a climate for sustainable green innovations (which is also a key component to achieve competitive advantage) and a growing concern nowadays. Practical implications – First of all the research contributes to achieving the broader of United Nations to promote sustainable innovation through green innovations. Moreover, the companies can also incorporate the findings and insights of this study while devising their policies to foster green innovations. Originality/value – This research has done the novel contribution by bridging the gap between open innovation approach and sustainability fields while promoting green innovations in small and medium enterprises (SMEs). These two research fields are rarely studied in previous studies by focusing open innovation particularly. Hence, the authors suggest researchers to undertake these fields to further enhance the level of scholarship between innovation management and sustainability. Also, the authors recommend considering technological orientation and technological absorptive capacity of firms to improve green innovations. The current study has investigated the SMEs perspective in general irrespective to their sectoral differences, thus, for future researchers the authors suggest investigating the sector-wise comparison, i.e. electrical and electronics sector, chemical sector, etc.; or service and manufacturing sector differences

    Identifying industry 5.0 contributions to sustainable development: A strategy roadmap for delivering sustainability values

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    Scholars believe that the newly introduced Industry 5.0 has the potential to move beyond the profit-centered productivity of Industry 4.0 and to promote sustainable development goals such as human-centricity, socio-environmental sustainability, and resilience. However, little has been done to understand how this ill-defined phenomenon may deliver its indented sustainability values despite these speculative promises. To address this knowledge gap, the present study developed a strategy roadmap that explains the mechanism by which Industry 5.0 delivers its intended sustainable development functions. The study first developed and introduced the Industry 5.0 reference model that describes the technical and functional properties of this phenomenon. The study further conducted a content-centric synthesis of the literature and identified the sustainable development functions of Industry 5.0. Next, the interpretive structural modeling (ISM) technique was employed to identify the sequential relationships among the functions and construct the Industry 5.0-enabled model of sustainable development. The ISM involved collecting the opinions of 11 Industry 5.0 experts through expert panel meetings. Results revealed that Industry 5.0 delivers sustainable development values through 16 functions. Circular intelligent products, employee technical assistance, intelligent automation, open sustainable innovation, renewable integration, and supply chain adaptability are examples of the functions identified. These functions are highly interrelated and should be developed in a specific order so that the synergies and complementarities among them would maximize the sustainable development value gains. The roadmap to Industry 5.0-driven sustainability developed in this study is expected to provide a better understanding of ways Industry 5.0 can contribute to sustainable development, explaining how the development of its functions should be managed to maximize their synergies and contribution to the intended sustainability values. The study also highlights important avenues for future research, emphasizing the potential enablers of Industry 5.0 development, such as Government 5.0 or Corporate Governance 5.0

    Nurturing Entrepreneurship Ecosystem in a Developing Economy: Myths and Realities

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    Entrepreneurship is considered as a panacea for economic infirmities. Development and prosperity can be fostered, upon the organized availability of the required resources, ambidextrously.  Entrepreneurship ecosystem is an appropriate approach where a systematic and conducive atmosphere for business activities is paved by providing support and services in the area of business policy, financing, human capital availability, infrastructure accessibility, entrepreneurial culture orientation and internationalization of indigenous products. However, despite having numerous entrepreneurship reinforce institutions, the entrepreneurship ecosystem of many developing countries is still sluggish, Pakistan is prominent among those. To improve entrepreneurship ecosystem, experts have endorsed the role of state ‘pivotal’. In this study, the entrepreneurship ecosystem of Pakistan is explored by focusing the role of government along other dimensions. For the purpose of this examination, an inductive approach was adopted in which twelve open ended interviews were conducted from policy makers, entrepreneurs, entrepreneurship professors and trade associations across the country. After thematic analysis, entrepreneurial ecosystem was found stagnant, where the role of government revealed as ambivalent, yet unfriendly and deficient. In order to develop entrepreneurship, a specific national policy for entrepreneurship should be enacted on priority and then ‘one size fit approach’ must be relinquished. Keywords: Entrepreneurship, Entrepreneurship Ecosystem, Small and Medium Enterprises, Developing Economy, SME

    Supply chain sustainability in VUCA: role of BCT-driven SC mapping and ‘Visiceability’

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    The study investigates the role of three essential supply chain capabilities: visibility, traceability, and mapping, collectivity termed as 'visiceability', in the relationship between blockchain technology and supply chain sustainability. The study focuses on Malaysia's Electronics Component manufacturing firms, a sub-sector of the electrical and electronics industry. Data were collected from 105 through a close-ended questionnaire. PLS-SEM was employed to examine the modeled relationships. The findings of the study challenge the notion that supply chain (SC) traceability alone is responsible for mediating the impact of blockchain technology (BCT) on SC sustainability. However, findings confirm the significant roles of SC Mapping and Visibility in the association between BCT and SC sustainability. Findings further validate the significant impact of BCT on SC sustainability, highlighting its multifaceted role. The findings suggest that firms can build their intermediary capabilities instead of exclusively focusing on adopting BCT for SC sustainability. These capabilities can further channel the impact of BCT on improving SC Sustainable. Our findings illustrate that BCT can enhance SC visibility by offering a precise and transparent record of the products, inventory, and transactions. Hence, we strongly suggest that managers consider leveraging BCT to improve their SC visibility, thereby uplifting the sustainability of a supply

    Impact of blockchain technology on green supply chain practices: evidence from emerging economy

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    Purpose – This study investigates the impact of blockchain technology on green supply chain practices with the aim to promote pro-environmental settings in supply chains of manufacturing firms. Moreover, mediating role of environmental orientation is examined between blockchain technology and green supply chain practices. Also, moderating role of technological orientation in this connection is undertaken. Design/methodology/approach – The authors have applied a quantitative methodology in which a questionnairewas developed fromliterature.After that, data are collected from manufacturing firms ofMalaysia. The data collected are analysed by using PLS-SEM in which multiple regression and moderation are applied. Findings – The results of this study confirm the positive impact of blockchain on green supply chain practices. Also, the mediating role of environmental orientation is revealed in this relationship. Moreover, technological orientation is confirmed as a moderator which strengthens the relationship between blockchain technology and green supply chain practices. Research limitations/implications – This study has collected data from manufacturing firms of Malaysia. However, the authors have not undertaken service sector firms. Thus, they recommend future researchers to consider service sector firms in this context. Moreover, they have taken SMEs for this study and have neglected large firms. Therefore, in future, large firms could be taken to test the current study’s perspective in them. Furthermore, this study suggests to the policymaker and managers, especially of manufacturing concerns, to infuse Industry 4.0 technologies such as blockchain technology because of its manifold benefits. Practical implications – This study suggests to the policymaker and managers, especially of manufacturing concerns, to infuse Industry 4.0 technologies such as blockchain technology because of its manifold benefits. First, it will enhance the integration across the streams of the supply chain; secondly, it will improve the demand and supply planning which will eliminate the extra production and will enable firms to adopt just-in-time production by saving various costs associated otherwise. Importantly, these processes are against the pro-environmental behaviour which is pivotal to achieve green supply chain practices. Originality/value – This study contributes by joining the technological perspective of Industry 4.0 technologies and sustainability perspective of green supply chain in manufacturing concerns. In addition, the related concepts of technological orientation and environmental orientation are also undertaken to further adjoin the former fields. As a practical contribution, this study will, first, enhance the integration across the streams of supply chain; secondly it will improve the demand and supply planning which will eliminates the extra production and will enable firms to adopt just-in-time production by saving various costs associated otherwise. It is also suggested to instil pro-environmental behaviour or environmental orientation in the employees at all levels of firm. Moreover, technological orientation should also be improved by emphasizing on the importance of technology for environmentally friendly and green supply chain practices

    Supply chain sustainability in VUCA: role of BCT-driven SC mapping and ‘visiceability’

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    The study investigates the role of three essential supply chain capabilities: visibility, traceability, and mapping, collectivity termed as 'visiceability', in the relationship between blockchain technology and supply chain sustainability. The study focuses on Malaysia's Electronics Component manufacturing firms, a sub-sector of the electrical and electronics (E&E) industry. Data were collected from 105 through a close-ended questionnaire. PLS-SEM was employed to examine the modeled relationships. The findings of the study challenge the notion that supply chain (SC) traceability alone is responsible for mediating the impact of blockchain technology (BCT) on SC sustainability. However, findings confirm the significant roles of SC Mapping and Visibility in the association between BCT and SC sustainability. Findings further validate the significant impact of blockchain technology (BCT) on supply chain (SC) sustainability, highlighting its multifaceted role. The findings suggest that firms can build their intermediary capabilities instead of exclusively focusing on adopting BCT for SC sustainability. These capabilities can further channel the impact of BCT on improving SC Sustainable. Our findings illustrate that BCT can enhance SC visibility by offering a precise and transparent record of the products, inventory, and transactions. Hence, we strongly suggest that managers consider leveraging BCT to improve their SC visibility, thereby uplifting the sustainability of a supply

    Blockchain technologies as enablers of supply chain mapping for sustainable supply chains

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    The advent of blockchain technologies is transmuting the way conventional supply chains are being managed. Due to the complexity of dealing with many actors involved in the supply chain networks, contemporary supply chains have limited visibility, transparency, and accountability. Likewise, supply chains are increasingly facing the challenge of integration and sustainability. In this vein, blockchain technologies can play a groundbreaking role in improving the traceability, accountability, and sustainability of complex supply chain networks. The present study examines the instrumentality of blockchain technologies in enabling supply chain mapping and supply chain integration. The study also tests the direct impact of blockchain technologies on supply chain sustainability. Data are collected from 132 Malaysian Electrical and Electronics firms using a close-ended questionnaire. The study employs Partial Least Squares-Structural Equation Modelling (PLS-SEM) and Partial Least Squares-Multi Group Analysis (PLS-MGA) for analyzing the hypothesized relationships. The results show that blockchain technologies do not have a direct impact on supply chain sustainability. Nevertheless, this finding reveals a robust indirect effect of BT, through SC integration and SC mapping, on the SC sustainability. The study's findings imply that the notion of the sustainable supply chain can be significantly attained by mapping upstream, midstream, and downstream supply chains. The well-mapped supply chain can further improve supply chain sustainability. The findings of the study also suggest the adoption of blockchain technologies as a broad-based strategy to attain multi-tier goals, for example, supply chain mapping, sustainability, and integration.</p

    Resilience and cleaner production in industry 4.0: role of supply chain mapping and visibility

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    Industry 4.0 makes the business processes more autonomous, automated, and intelligent. Supply chain mapping can be a steppingstone to adopt the developments of Industry 4.0. Despite its profound significance in Industry 4.0 driven supply chain management, it has been hardly discussed in the research literature. Against this backdrop, the objective of this study is to test the impact of supply chain mapping on a firm's supply chain visibility and resilience. Data were collected from 154 Electrical &amp; Electronics sector Malaysian firms through a close-ended questionnaire. The study employed structural equation modeling to analyze the hypothesized relationships. A significant momentous effect of supply chain mapping was found on the supply chain visibility and supply chain resilience. Further, the study also found a significant mediating role of supply chain visibility in the association between SC mapping and supply chain resilience. The findings of the study strongly suggest firms adopt a supply chain mapping strategy to improve supply chain visibility and supply chain resilience. Findings also suggest maintaining closer ties with key suppliers in order to increase SC visibility

    Podnikanie na Slovensku v dobe digitalizácie optikou generácií

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    In line with the main objective of the scientific monograph, which is to provide, based on quantitative and qualitative research methods, characterization of intergenerational entrepreneurship in Slovakia and, at the same time, the state of digitalization and digital transformation from the perspective of the generations, the summary contains key findings related to the investigated areas. Characteristics of the state of youth and senior entrepreneurship in Slovakia, Europe, and the Slovak regions The key differences in the entrepreneurial characteristics, as well as the level of entrepreneurial activity of the youth and senior generations in Slovakia and in comparison with Europe, are as follows: Social attitudes towards entrepreneurship and entrepreneurial talent: • The ability to identify suitable entrepreneurial opportunities as well as the entrepreneurial career (entrepreneurship as a good career choice and the status of an entrepreneur) are spheres where Slovakia has been lagging behind Europe for a long time, for both generations, but this difference, logically due to historical development, is higher among seniors in our country than among the youth. The youth and seniors perceive the most opportunities for entrepreneurship in the Bratislava region and the least in the Banská Bystrica region. On the contrary, entrepreneurship is perceived worst in terms of social attitudes in the Bratislava region and best in the Trnava and Trenčín regions. • One of the important factors that influence the ability to identify entrepreneurial opportunities is entrepreneurial talent as an individual’s intrinsic/individual ability to be entrepreneurial. Research on this factor has shown that youth in Slovakia have a lower intrinsic ability to identify entrepreneurial opportunities and are less responsive to profitable opportunities than seniors. However, they are more confident in their high level of innovation and are also more likely to make decisions that are part of their long-term career plan. However, the comparison with Europe 18 again confirms the fact that both generations in Slovakia lag behind Europe in this kind of talent, i.e. in the intrinsic ability to identify opportunities, and are also less flexible in responding to profitable opportunities. On the other hand, they are better at making decisions that are part of their long-term career plan. However, this contradicts the finding that both generations have relatively high self-confidence in their own entrepreneurship-related knowledge, skills, and abilities and thus exceed the European average. • Youth in Slovakia have a significantly lower fear of failure than youth in Europe, but also seniors. However, seniors in Slovakia have a significantly higher fear of failure than European seniors. This complex of factors affects the entrepreneurial activity of both generations in different ways and intensities. • The entrepreneurial process is also influenced differently by other factors of social attitudes towards entrepreneurship, namely networking, which is better in Slovakia than in Europe, and youth exhibit a stronger position at it, and equality in living standards (egalitarianism), with youth in Slovakia preferring more equality than seniors. This trend in Slovakia is opposite to that in Europe. Intention to start a business and entrepreneurial activity • The intention to start a business in the next three years is twice as high among the youth generation than among seniors in Slovakia and is higher for both generations than in Europe. The highest intention to start a business among both youth and seniors is in the Bratislava region and the lowest in the Nitra and Banská Bystrica regions. This is further reflected in the level of entrepreneurial activity. • The total early-stage entrepreneurial activity (up to 42 months of business existence) is significantly higher in Slovakia than in Europe for both generations, mainly due to the higher growth rate of nascent entrepreneurs (up to 3 months). However, significantly more nascent entrepreneurs in Slovakia than in Europe exit their business within 3 months and do not move on to the next stage of start-up. While in Slovakia a higher percentage of seniors exit their business in this period than youth, the trend is reversed in Europe. Youth show the highest early-stage entrepreneurial activity in the Bratislava region and the lowest in the Banská Bystrica region. Seniors are most involved in early-stage entrepreneurial activity in the Prešov region and least involved in the Nitra region. • The rate of established entrepreneurship (over 42 months of business existence) in Slovakia is significantly higher among seniors than among the youth. Although the 19 trend is similar in Europe, the difference between the percentage of established youth entrepreneurs and established senior entrepreneurs is significantly smaller. Similarly, the business discontinuation rate for both cohorts is lower in Europe than in Slovakia. This suggests that the sustainability of entrepreneurship is worse in Slovakia compared to Europe. The highest rates of established entrepreneurship for both seniors and youth are in the Bratislava region and the lowest in the Trnava region. • The highest motive for starting a business for both generations, both in the early stage and for established entrepreneurs in Slovakia, is the need to earn a living because jobs are scarce. This motivation is particularly strong among seniors in Slovakia. An interesting finding is that only for youth early-stage entrepreneurs in Europe the main motivation is to build a large fortune or a very high income, and the second strongest reason is to change the world for the better, with earning a living only in the third place for this age cohort. The other groups of entrepreneurs surveyed (established youth, established seniors, starting seniors) in Europe express earning a living as the main motive for starting a business. This suggests that the predominant group of entrepreneurs in the surveyed cohorts in Slovakia and Europe will not be explicitly innovative, but will see entrepreneurship as a substitute for employment, which is clearly reflected in their contribution to innovation and creative change. From the analysis of the GEM special questions focusing on digital and intergenerational entrepreneurship from the perspective of early-stage and established entrepreneurs, the most important findings are: • The role of digitalisation in entrepreneurship does not differ significantly between early-stage and established entrepreneurs. Nevertheless, early-stage entrepreneurs attribute a more significant role to digital processes, products, and business models in their business than established entrepreneurs. • We also analysed the importance of digitalisation in entrepreneurship through the share of revenue generated from the sale of products and/or services online. The results showed that more than 4 out of 10 early-stage entrepreneurs do not use online sales, while for established entrepreneurs this figure rises to almost 65%. Thus, early-stage entrepreneurs rely more on online sales, with more than 22% declaring that online sales will account for more than 75%. For established entrepreneurs, it’s only nearly 10% of them. • Early-stage and established entrepreneurs perceive the greatest contribution to digitalisation to be knowledge of the internet and media, including social media. 20 • Almost the same, relatively high proportion of early-stage and established entrepreneurs do not foresee the involvement of the older generation in their business (about 74%). Early-stage entrepreneurs make more use of people from the older generation who are investors intervening in the business management, but also of those who do not intervene in the business management. They also use senior persons to a greater extent as mentors of their business. Conversely, established entrepreneurs have persons from the older generation as their co-owners or employees. • The contribution of a person from the older generation to the business is perceived by early-stage entrepreneurs mainly in access to the necessary resources, furthermore, it is due to the knowledge of the subject of the business, the industry, and/or the market. Established entrepreneurs perceive the contribution of the older generation mainly in access to a network of contacts and then to the necessary resources. Based on the special questions in the GUESSS project focusing on digital and intergenerational entrepreneurship from the perspective of starting and active student entrepreneurs, the most important findings are: • The role of digitalisation in entrepreneurship does not differ significantly between starting and active student entrepreneurs. Digital processes play an important or key role in the business of about 4 out of 10 starting and active student entrepreneurs. It is similar for digital products in entrepreneurship, but digital products are slightly more prominent for active entrepreneurs. Finally, digital business models are important to key for slightly more than 4 in 10 both starting and active student entrepreneurs, while in contrast, they play no or a minor role in slightly more than a third of student businesses at both stages surveyed. • Almost a third of active student entrepreneurs do not use online sales, about a quarter of them report online sales as a share of sales between 25% and 75%, and for another quarter online sales account for more than 75% of sales. Slightly more ambitious in their anticipated use of online sales are starting student entrepreneurs. • Only about half of the student entrepreneurs, both starting and active, reported that a person from the older generation is not involved in their business. This means that up to half of student entrepreneurs also involve a person from an older generation in their business. Most often such a person acts as a mentor or advisor. • The contribution of a person from the older generation to entrepreneurship is seen by both starting and active student entrepreneurs mainly in their knowledge of the 21 market or business. The next most strongly perceived contribution of persons from the older generation is their possession of the personal characteristics necessary for entrepreneurship. Conversely, the least frequent starting and active student entrepreneurs see a benefit in the form of access to the resources needed for entrepreneurship. Digital transformation in the context of intergenerational entrepreneurship in Slovakia From the systematic processing of the responses from the phenomenological qualitative survey, three aggregated dimensions emerged, which are a) Digitalisation status, impact, and barriers to digitalization; b) Generations and intergenerational aspects; c) Processes and practices in the process of digitalization and intergenerational collaboration. Digitalisation status, impact, and barriers to digitalization Responses within the first aggregate dimension culminated around the following themes: • Digitalisation status - respondents declared that digitalisation and digital transformation are part of their business to varying degrees. The results showed three different modes exhibited by the entrepreneurs namely 1.) Basic use of digitalization; 2.) Digitalization for commercial purposes; 3.) Digital transformation and development of advanced processes. The interviews further revealed that SMEs do not necessarily belong to only one mode but can operate independently in different modes. • Factors of digitalisation – they serve as a catalyst for change within companies and strongly influence the status of digitalisation. The SMEs surveyed identified technology, firm-level triggers, external and regulatory framework, and the digitalisation of supply chains and business models as the most important drivers of digitalisation. • Benefits of digitalisation - are manifold, but mainly relate to four key areas, which are efficiency, customers, flexibility, and general improvements in business management. • Key barriers to digitalisation - respondents identified key barriers to digitalisation that arose from their views and experiences in the digitalisation process and were 22 based on the external environment of the organisation. These include the national policy on digitalisation and digital transformation and industry specifics. • Options to overcome key barriers to digitalisation - building on the previous theme, the research focused on different options for overcoming the identified key barriers to digitalisation. The main options that emerged from the respondents’ views were support from the state, adjustments to legislation in the area of a family business, outreach and awareness raising, upbringing and education, and financing. Generations and intergenerational aspects Roles of generations were explored as one of the main themes from three perspectives. • The younger generation usually has good ICT competences and the ability to learn new knowledge quickly. They are also more proactive, often take a leadership role, and have a greater drive and motivation for digitalisation. It is clear that technological progress is very fast and therefore it is also very difficult for the younger generation to keep up with this progress. Knowledge of foreign languages is crucial in this process. For this reason, offspring in family businesses have an indispensable role in bringing new stimuli and ideas for digitalisation. • The older generation has its own role and contribution to make in the digitalisation process. They are able to think in a broader context, taking into account their lifelong professional and managerial experience. In the digitalisation of enterprises, success requires the older generation to pass on their professional and managerial experience and knowledge to the younger generation, but also to delegate competences to them. However, it is not enough to delegate competences and pass on knowledge and experience, but the older generation must also show a certain degree of flexibility. Even if they are rarely the leaders of digitalisation in their companies, they must at least try to understand and embrace digitalisation as an inevitable trend for the current and future success of the company. • In terms of intergenerational cooperation, competence and experience are the most important aspects, regardless of age and generation. Equally important is the intergenerational transfer of knowledge and experience. In addition, respondents indicated that different generations have complementary skills that are essential for successful digitalisation within companies. 23 Processes and practices in the process of digitalisation and intergenerational cooperation In general, processes and practices can be divided into two groups. • Formal processes and practices are defined by internal or external institutions. Within this category, key areas have been identified that are essential for successful digital transformation. These include project management, existing norms and standards, training and coaching. • Informal processes and practices include senior management support and awareness raising, which have been identified as key in the process, forming structurally wellbalanced teams with prior knowledge of digitalisation or at least good experience of collaboration and cooperation. On the one hand, following best practices is a source of inspiration, motivation, but also a guide on how to effectively lead the digitalisation and digital transformation process and what to avoid in the process. Respondents also consider external help to be important. Another popular view was not to introduce robust binding and therefore inflexible digital solutions so that companies proceed gradually and do not undergo major changes in a short time. The systematic analysis of the respondents’ views presented in the phenomenological study and the subsequent synthesis and categorisation resulted in the design of a complex model of digitalisation and digital transformation of SMEs with respect to intergenerational collaboration (Chapter 6.4). An overview of policies aimed at promoting intergenerational entrepreneurship and digital transformation in Europe and Slovakia is systematically elaborated in chapters 7.1 and 7.2. Key stakeholders of intergenerational entrepreneurship and digital transformation in entrepreneurship • The draft conceptual framework of stakeholders in the digitalisation and/or digital transformation of business organisations includes the following actors: a) Policymakers and regulators; b) Technology suppliers; c) Digital infrastructure providers; 24 d) Education and training providers; e) Funding providers; f) Providers of professional and advisory services; g) Support providers; h) The business sector and cross-sectoral organisations. • The lower social, professional, and political interest in the area of intergenerational entrepreneurship and cooperation is also confirmed by the results of our mapping, which indicate a significantly lower number of stakeholders in all elementary components of the entrepreneurial ecosystem. Examples of good practice in supporting intergenerational entrepreneurship considering digital transformation • Examples from abroad show how changes can be made at the level of individual policies, initiatives, and businesses themselves. • A good example for Slovakia is the Federation of Finnish Enterprises - FFP (SME United, 2019) or the establishment of the Digitalisation Support Agency in Austria (Boog, 2019). • Supporting the digital transformation of businesses is also facilitated by so-called online diagnostic tools, which are cheap, accessible, and allow policy makers to reach a wider group of entrepreneurs. • An example of combining digitalisation and intergenerational cooperation at the level of individual companies can be seen in Bosch
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