EXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES

2020 posed a series of unforeseen challenges for economic actors. Digitalization, one of the most critical drivers of innovation, provided a lifeline for organizations who anticipated the opportunity and ramifications of a global pandemic. Digitalization offered alternative solutions for contacting...

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Autores principales:	Tünde-Zita Kovács, Beáta Bittner, Forest David, András Nábrádi
Formato:	article
Lenguaje:	DE EN FR IT
Publicado:	University of Oradea 2021
Materias:	digitalization; innovation; platform business model; platform-based businesses Business HF5001-6182 Finance HG1-9999
Acceso en línea:	https://doaj.org/article/a4944d94b0b54b3ba5b3fde16a7c4d16
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spelling	oai:doaj.org-article:a4944d94b0b54b3ba5b3fde16a7c4d162021-11-09T19:44:17ZEXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES1222-569X1582-5450https://doaj.org/article/a4944d94b0b54b3ba5b3fde16a7c4d162021-07-01T00:00:00Zhttp://anale.steconomiceuoradea.ro/volume/2021/n1/010.pdfhttps://doaj.org/toc/1222-569Xhttps://doaj.org/toc/1582-54502020 posed a series of unforeseen challenges for economic actors. Digitalization, one of the most critical drivers of innovation, provided a lifeline for organizations who anticipated the opportunity and ramifications of a global pandemic. Digitalization offered alternative solutions for contacting partners, serving customer needs, retaining customers, and creating the possibility of online administration. The present study seeks to answer the question - using a database of ongoing research - to what extent are Hungarian and Romanian businesses able to discover the characteristics of the digital transformation, where and to what extent digital technology plays a role in the supply chain, and whether they have started digitization. The developed quantitative database was analyzed and processed utilizing SPSS 25 statistical software. Descriptive statistics and frequency analysis were run, followed by an analysis of variance to explore the existing relationships. For the multiple mean comparison test, the Tamhane test was used to analyze for differences in groups. As a result of the evaluation, the authors found statistical support that managers opinions on Internet Platforms creating more accessible business agreements is dependent on firm size with larger firms placing more emphasis on the benefits of Internet Platforms than smaller firms. The organizations recognize the potential of digital developments, but these developments are accompanied by a high degree of mistrust. Digital technology is typically used only to conduct processes during production or service activities and not as commonly conducted for increasing market share or expansion. Based on the authors' proposal, the broadest possible application of digital technology within a company can provide its user a long-term survival, competitive advantage, and further development opportunities.Tünde-Zita KovácsBeáta BittnerForest DavidAndrás NábrádiUniversity of Oradeaarticledigitalization; innovation; platform business model; platform-based businessesBusinessHF5001-6182FinanceHG1-9999DEENFRITAnnals of the University of Oradea: Economic Science, Vol 30, Iss 1, Pp 114-120 (2021)
institution	DOAJ
collection	DOAJ
language	DE EN FR IT
topic	digitalization; innovation; platform business model; platform-based businesses Business HF5001-6182 Finance HG1-9999
spellingShingle	digitalization; innovation; platform business model; platform-based businesses Business HF5001-6182 Finance HG1-9999 Tünde-Zita Kovács Beáta Bittner Forest David András Nábrádi EXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES
description	2020 posed a series of unforeseen challenges for economic actors. Digitalization, one of the most critical drivers of innovation, provided a lifeline for organizations who anticipated the opportunity and ramifications of a global pandemic. Digitalization offered alternative solutions for contacting partners, serving customer needs, retaining customers, and creating the possibility of online administration. The present study seeks to answer the question - using a database of ongoing research - to what extent are Hungarian and Romanian businesses able to discover the characteristics of the digital transformation, where and to what extent digital technology plays a role in the supply chain, and whether they have started digitization. The developed quantitative database was analyzed and processed utilizing SPSS 25 statistical software. Descriptive statistics and frequency analysis were run, followed by an analysis of variance to explore the existing relationships. For the multiple mean comparison test, the Tamhane test was used to analyze for differences in groups. As a result of the evaluation, the authors found statistical support that managers opinions on Internet Platforms creating more accessible business agreements is dependent on firm size with larger firms placing more emphasis on the benefits of Internet Platforms than smaller firms. The organizations recognize the potential of digital developments, but these developments are accompanied by a high degree of mistrust. Digital technology is typically used only to conduct processes during production or service activities and not as commonly conducted for increasing market share or expansion. Based on the authors' proposal, the broadest possible application of digital technology within a company can provide its user a long-term survival, competitive advantage, and further development opportunities.
format	article
author	Tünde-Zita Kovács Beáta Bittner Forest David András Nábrádi
author_facet	Tünde-Zita Kovács Beáta Bittner Forest David András Nábrádi
author_sort	Tünde-Zita Kovács
title	EXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES
title_short	EXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES
title_full	EXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES
title_fullStr	EXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES
title_full_unstemmed	EXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES
title_sort	examination of digitalization in hungarian and romanian companies
publisher	University of Oradea
publishDate	2021
url	https://doaj.org/article/a4944d94b0b54b3ba5b3fde16a7c4d16
work_keys_str_mv	AT tundezitakovacs examinationofdigitalizationinhungarianandromaniancompanies AT beatabittner examinationofdigitalizationinhungarianandromaniancompanies AT forestdavid examinationofdigitalizationinhungarianandromaniancompanies AT andrasnabradi examinationofdigitalizationinhungarianandromaniancompanies
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EXAMINATION OF DIGITALIZATION IN HUNGARIAN AND ROMANIAN COMPANIES

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