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Current Issues and Challenges of Technology Management Strategies under Digital Transformation

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: 30 August 2024 | Viewed by 4303

Special Issue Editors


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Guest Editor
Department of Management of Technology, Gyeongsang National University, Jinju 52828, Republic of Korea
Interests: digital transformation; open innovation; technology planning; technological innovation; technology policy; technology evaluation; data mining

E-Mail Website
Guest Editor
Department of Management of Technology, Gyeongsang National University, Jinju 52828, Republic of Korea
Interests: technological innovation; technology policy; R&D evaluation; smes; technology evaluation; economics

E-Mail Website1 Website2
Guest Editor
Department of Management of Technology Gyeongsang National University, Jinju 52828, Republic of Korea
Interests: technology management; patent intelligence; technology opportunity discovery; batteries; healthcare; startups; digital transformation; technology policy

Special Issue Information

Dear Colleagues,

Digital transformation (DX) denotes the strategy of leveraging the opportunities of novel digital technologies and their implications on business performance. It is a complex, multi-faceted process that involves significant cultural shifts and changes that may impact every part of an organization. In particular, in the field of manufacturing, it has created a new digital ecosystem that not only provides a series of interconnected IT resources for enhancing manufacturing efficiency and quality but also leads to the creation of new business models. In this way, manufacturers can decrease the response time to the changing market requirements and customer demands, providing a better customer experience.

While IT companies are in the spotlight when it comes to digital transformation, DX is affecting organizations across all industrial sectors, from manufacturing to healthcare. Although many organizations have recognized the importance of digital transformation and increased tech investments to expand digital business initiatives, some still struggle to advance digital transformation. The implementation of DX can take very different forms depending on the functions being transformed and the challenges being addressed. There is a wide consensus that the longer you postpone the digital transformation, the more difficult it becomes to catch up with the competition. To ensure the sustainable growth of the manufacturing industry, leading organizations must go beyond simply building a digital infrastructure and develop future-ready technology strategies to capitalize on emerging opportunities. In many aspects, the current global pandemic has shown that digital transformation does not require years of planning, just a willingness to change and adapt.

Against such a background, we need better knowledge on the general technological development trends and technology management strategies associated with DX as well as factors affecting the adoption of DX. Revealing perceived challenges and advantages related to DX could help overcome the potential resistance associated with digital initiatives. Moreover, there is a pressing need to cope with the development of effective technology strategies for ensuring a smooth digital transition. An important question that arises is how technology management activities should be organized and interpreted for successful DX. What kind of policy perspectives should we outline to accelerate the DX? How can the adoption of technology management perspective help companies adopt a customer-centric DX approach? The answers to such questions require multidisciplinary efforts and the development of a novel analytical framework to efficiently tackle the related technology management issues.

This Special Issue, therefore, seeks to contribute to current issues and challenges of related to digital transformation by having a critical look at recent technology trends and strategies related to digital transformation. Discussion both at the level of technology strategy and operational/technological processes would provide targeted insights into balancing technological trialability and organizational compatibility. Moreover, this Special Issue should stimulate the debate between industry and policy makers for increasing policy coherence in facilitating DX.

In particular, we invite papers that address innovative technical developments, reviews, case studies, and analytical as well as assessment papers from interdisciplinary disciplines, which are relevant to fostering of digital transformation in manufacturing and beyond. Lastly, we put emphasis on better understanding how different technological strategies interact with each other to form a “successful” DX implementation strategy.

(Contributions are expected to include the keywords listed below, but further topics are welcome if they provide an interesting overview of trends and policy investigation relevant to digital transformation.)

Prof. Dr. Jeonghwan Jeon
Dr. Seunghwan Oh
Dr. Chie Hoon Song
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • technology strategy
  • technology policy
  • technology management
  • technology forecasting
  • technology acceptance
  • technology transfer
  • digital transformation
  • digital twin
  • big data
  • artificial intelligence
  • smart manufacturing
  • (virtual) manufacturing execution system
  • manufacturing analytics
  • Internet of Things
  • digital platform
  • autonomous system
  • blockchain
  • augmented and virtual reality
  • metaverse

Published Papers (3 papers)

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Research

25 pages, 7908 KiB  
Article
Evaluating Design Guidelines for Intuitive, Therefore Sustainable, Virtual Reality Authoring Tools
by Iolanda L. Chamusca, Yiyu Cai, Pedro M. C. Silva, Cristiano V. Ferreira, Thiago B. Murari, Antonio L. Apolinario, Jr. and Ingrid Winkler
Sustainability 2024, 16(5), 1744; https://doi.org/10.3390/su16051744 - 20 Feb 2024
Viewed by 603
Abstract
Virtual reality software might be challenging to utilize for beginners and unskilled professionals who do not have a programming or 3D modeling background. Concurrently, there is a knowledge gap in software project design for intuitive virtual reality authoring tools, which were supposed to [...] Read more.
Virtual reality software might be challenging to utilize for beginners and unskilled professionals who do not have a programming or 3D modeling background. Concurrently, there is a knowledge gap in software project design for intuitive virtual reality authoring tools, which were supposed to be easier to use. These tools are frequently insufficient due to a lack of support and standard operating procedures. This study evaluates the validity of fourteen design guidelines for the development of intuitive virtual reality authoring tools. Adopting the Design Science Research approach, a previous study completed the first steps of the protocol by identifying problems, defining solution objectives, and developing and demonstrating the design guidelines. This work evaluates their application in a experiment. A group of engineering students with no prior experience in creating virtual worlds were tasked with examining the design guidelines while using the NVIDIA Omniverse Enterprise as an exemplary use case by following the tutorials in the platform. Previously, the students answered a Likert-scale questionnaire and a focus group interview, with eighteen questions about how they perceived these guidelines. An average score value for the tool was estimated through the questionnaire answers and a correlation analysis and, using the Pearson Correlation Coefficient (PCC), it was confirmed that most guidelines scores behaved as expected and were ranked according to the use-case functionality. The participants understood the guidelines’ definition and could decide if they agreed or disagreed with their presence during the experiment. We evaluated that, in accordance with the Design Science Research, the proposed artifact is useful, i.e., the design guidelines for virtual reality authoring tools perform what they are designed to do and are operationally reliable in accomplishing their goals. Full article
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19 pages, 13911 KiB  
Article
Exploring the Online News Trends of the Metaverse in South Korea: A Data-Mining-Driven Semantic Network Analysis
by Eun Joung Kim and Jung Yoon Kim
Sustainability 2023, 15(23), 16279; https://doi.org/10.3390/su152316279 - 24 Nov 2023
Cited by 2 | Viewed by 1453
Abstract
It is presently being questioned whether the metaverse is mere hype or the next transformative vision. It should be examined how the issues associated with the metaverse are being dealt with socially, and accordingly, how the public’s interest has changed. This paper aims [...] Read more.
It is presently being questioned whether the metaverse is mere hype or the next transformative vision. It should be examined how the issues associated with the metaverse are being dealt with socially, and accordingly, how the public’s interest has changed. This paper aims to explore the metaverse’s issues and its rapidly changing trends in South Korea during the pandemic period of 2020–2021, in which the term was very widely used. This study conducted a semantic network analysis using online news big data with a text mining approach to analyze online news content from search engine portals such as Naver, Daum, and Google. TF-IDF, degree centrality, word cloud visualization, and CONCOR analysis were used within the Textom and UCINET6 programs. This research provides valuable insights into how the metaverse is being embraced and discussed within the South Korean context, shedding light on its potential impact and the changing dynamics of public engagement. The results showed that the topics of the public’s interests in the metaverse varied in the year 2021 as compared to 2020, and the opportunities and concerns revolving around it are referred to at the same time. The study found that there were significant changes in the subjects that gained public interest in the metaverse between 2020 and 2021. In 2020, the term “Metaverse” became popular in the news due to its increasing popularity in the world of virtual online gaming, particularly among younger populations. This was further accelerated by the COVID-19 pandemic restrictions, resulting in a rise in virtual experiences. In contrast, the year 2021 was marked as the time when the concept of the metaverse gained widespread recognition and established itself as a platform for business and financial opportunities, suggesting the growing interest of older generations in the metaverse. Full article
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17 pages, 426 KiB  
Article
The Impact Path of Digital Literacy on Farmers’ Entrepreneurial Performance: Based on Survey Data in Jiangsu Province
by Shiyu Ji and Jincai Zhuang
Sustainability 2023, 15(14), 11159; https://doi.org/10.3390/su151411159 - 18 Jul 2023
Cited by 1 | Viewed by 1427
Abstract
In the era of digital economy, digital literacy plays an important role in the process of enabling farmers’ entrepreneurship with digital technology. However, there are few studies in the literature on the impact and mechanism of digital literacy on farmers’ entrepreneurial performance. From [...] Read more.
In the era of digital economy, digital literacy plays an important role in the process of enabling farmers’ entrepreneurship with digital technology. However, there are few studies in the literature on the impact and mechanism of digital literacy on farmers’ entrepreneurial performance. From the perspective of digital literacy, combining high-level theory and resource-based theory, this paper constructed a chain intermediary model of “digital literacy–entrepreneurial bricolage–entrepreneurial opportunity identification–entrepreneurial performance” based on the logical chain of “resource–opportunity–performance”. A hierarchical regression analysis and bootstrap method were used to analyze 308 samples of effective entrepreneurial farmers. The results show the following: (1) Digital literacy has a significant positive impact on the entrepreneurial performance of rural households. (2) Entrepreneurial bricolage and entrepreneurial opportunity identification play an intermediary role between rural households’ digital literacy and entrepreneurial performance. (3) There is a chain mediating effect of “digital literacy–entrepreneurial bricolage–entrepreneurial opportunity identification–entrepreneurial performance”. The research conclusions can broaden the research on the pre-influencing factors of farmers’ entrepreneurial performance and the driving effect of digital literacy and provide enlightenment on how to promote the improvement of farmers’ entrepreneurial performance and rural social and economic sustainable development. Full article
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