Digital transformation adoption and its influence on performance: an empirical study of creative companies in Vietnam

The purpose of the study clarifies the digital transformation adoption and how it impacts on the performance of creative companies in Vietnam. This investigation applied the technology–organization–environment framework and the structural equation modeling approach. The data was collected from 674...

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Main Authors: Van Hai Trieu Tran, Drahomíra Pavelková
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2024-12-01
Series:Creativity Studies
Subjects:
Online Access:https://gc.vgtu.lt/index.php/CS/article/view/16961
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author Van Hai Trieu Tran
Drahomíra Pavelková
author_facet Van Hai Trieu Tran
Drahomíra Pavelková
author_sort Van Hai Trieu Tran
collection DOAJ
description The purpose of the study clarifies the digital transformation adoption and how it impacts on the performance of creative companies in Vietnam. This investigation applied the technology–organization–environment framework and the structural equation modeling approach. The data was collected from 674 survey participants who are middle and senior managers or owners of creative companies in Vietnam, mainly located in Hanoi and Ho Chi Minh City. The structural equation modeling analysis indicates a positive relationship between technological, organizational, and environmental factors, and digital transformation adoption; the digital transformation adoption positively affects a company performance. These findings substantially contribute to the knowledge of digital technologies, digital transformation, company performance, and creative industries in the context of technology, organization, and environment. This research also provides insights for policymakers, readers, scientific communities, and management levels of creative industries to understand more about the environment of Vietnam’s creative industries.
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publishDate 2024-12-01
publisher Vilnius Gediminas Technical University
record_format Article
series Creativity Studies
spelling doaj-art-ed90ba5cfd324c3a9cdca20b2a301d302025-08-20T02:33:46ZengVilnius Gediminas Technical UniversityCreativity Studies2345-04792345-04872024-12-0117210.3846/cs.2024.16961Digital transformation adoption and its influence on performance: an empirical study of creative companies in VietnamVan Hai Trieu Tran0Drahomíra Pavelková1Department of Finance and Accounting, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech RepublicDepartment of Finance and Accounting, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic The purpose of the study clarifies the digital transformation adoption and how it impacts on the performance of creative companies in Vietnam. This investigation applied the technology–organization–environment framework and the structural equation modeling approach. The data was collected from 674 survey participants who are middle and senior managers or owners of creative companies in Vietnam, mainly located in Hanoi and Ho Chi Minh City. The structural equation modeling analysis indicates a positive relationship between technological, organizational, and environmental factors, and digital transformation adoption; the digital transformation adoption positively affects a company performance. These findings substantially contribute to the knowledge of digital technologies, digital transformation, company performance, and creative industries in the context of technology, organization, and environment. This research also provides insights for policymakers, readers, scientific communities, and management levels of creative industries to understand more about the environment of Vietnam’s creative industries. https://gc.vgtu.lt/index.php/CS/article/view/16961company performancecreative companiescreative industrydigital transformationFourth Industrial Revolutionstructural equation modeling
spellingShingle Van Hai Trieu Tran
Drahomíra Pavelková
Digital transformation adoption and its influence on performance: an empirical study of creative companies in Vietnam
Creativity Studies
company performance
creative companies
creative industry
digital transformation
Fourth Industrial Revolution
structural equation modeling
title Digital transformation adoption and its influence on performance: an empirical study of creative companies in Vietnam
title_full Digital transformation adoption and its influence on performance: an empirical study of creative companies in Vietnam
title_fullStr Digital transformation adoption and its influence on performance: an empirical study of creative companies in Vietnam
title_full_unstemmed Digital transformation adoption and its influence on performance: an empirical study of creative companies in Vietnam
title_short Digital transformation adoption and its influence on performance: an empirical study of creative companies in Vietnam
title_sort digital transformation adoption and its influence on performance an empirical study of creative companies in vietnam
topic company performance
creative companies
creative industry
digital transformation
Fourth Industrial Revolution
structural equation modeling
url https://gc.vgtu.lt/index.php/CS/article/view/16961
work_keys_str_mv AT vanhaitrieutran digitaltransformationadoptionanditsinfluenceonperformanceanempiricalstudyofcreativecompaniesinvietnam
AT drahomirapavelkova digitaltransformationadoptionanditsinfluenceonperformanceanempiricalstudyofcreativecompaniesinvietnam