What Are the Key Determinants of Digital Transformation?

In the paper, we examine the digital transformation of the complete population of 24 Spanish food units, named Mercas. Our special focus is on developing an index that measures the degree of digital transformation of these public companies. Using a Tobit panel data model, we aim to assess which are...

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Format: Article
Language:English
Published: Universidade de Santiago de Compostela 2023-11-01
Series:Revista Galega de Economía
Online Access:https://ojs3usc.devxercode.es/index.php/ubr/article/view/4594
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collection DOAJ
description In the paper, we examine the digital transformation of the complete population of 24 Spanish food units, named Mercas. Our special focus is on developing an index that measures the degree of digital transformation of these public companies. Using a Tobit panel data model, we aim to assess which are the main determinants of the Mercas’ digital transformation status. Collectively, our empirical results involve internal elements such as the size of the Merca, the knowledge of digital technologies by top management, the collaboration between the millennial generation staff and the rest of the staff, the business management of the buying and selling of flowers, fruit and vegetables and meat and, finally, that they have B2B platforms to carry out transactions and exchange information with wholesalers, which impacts on the degree of digital transformation of the food units. Findings also indicate that the demand for the use of new technologies by customers is an external element with a high degree of influence in their digital transformation.
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publishDate 2023-11-01
publisher Universidade de Santiago de Compostela
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series Revista Galega de Economía
spelling doaj-art-dbf6abff9214486a993d91a7a02f20bc2025-08-20T02:49:46ZengUniversidade de Santiago de CompostelaRevista Galega de Economía1132-27992255-59512023-11-012079What Are the Key Determinants of Digital Transformation? In the paper, we examine the digital transformation of the complete population of 24 Spanish food units, named Mercas. Our special focus is on developing an index that measures the degree of digital transformation of these public companies. Using a Tobit panel data model, we aim to assess which are the main determinants of the Mercas’ digital transformation status. Collectively, our empirical results involve internal elements such as the size of the Merca, the knowledge of digital technologies by top management, the collaboration between the millennial generation staff and the rest of the staff, the business management of the buying and selling of flowers, fruit and vegetables and meat and, finally, that they have B2B platforms to carry out transactions and exchange information with wholesalers, which impacts on the degree of digital transformation of the food units. Findings also indicate that the demand for the use of new technologies by customers is an external element with a high degree of influence in their digital transformation. https://ojs3usc.devxercode.es/index.php/ubr/article/view/4594
spellingShingle What Are the Key Determinants of Digital Transformation?
Revista Galega de Economía
title What Are the Key Determinants of Digital Transformation?
title_full What Are the Key Determinants of Digital Transformation?
title_fullStr What Are the Key Determinants of Digital Transformation?
title_full_unstemmed What Are the Key Determinants of Digital Transformation?
title_short What Are the Key Determinants of Digital Transformation?
title_sort what are the key determinants of digital transformation
url https://ojs3usc.devxercode.es/index.php/ubr/article/view/4594