Special Issue "Management Challenges for Business in Digital Economy: New Pathways and Research Trends"

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: 10 June 2022 | Viewed by 2501

Special Issue Editors

Dr. Renata Korsakienė
E-Mail Website
Guest Editor
Department of Management, Vilnius Gediminas Technical University, Saulėtekio av. 11, LT-10223 Vilnius, Lithuania
Interests: internationalization and international entrepreneurship; entrepreneurship and human capital; entrepreneurship and social capital; regional development; strategic management; human resource management
Dr. Laima Jesevičiūtė-Ufartienė
E-Mail Website
Guest Editor
Department of Management, Vilnius Gediminas Technical University, Saulėtekio av. 11, LT-10223 Vilnius, Lithuania
Interests: organization management and development; leadership and human resource management; management of social issues in organization and among consumers behaviour
Dr. Neringa Vilkaitė-Vaitonė
E-Mail Website
Guest Editor
Department of Management, Vilnius Gediminas Technical University, Saulėtekio av. 11, LT-10223 Vilnius, Lithuania
Interests: green marketing; customer loyalty; customer behavior; marketing communication

Special Issue Information

Dear Colleagues,

The digital economy has significantly impacted countries throughout the world by contributing to the growth of the economy and the further progress of societies. Recent developments demonstrate that the information and innovation-driven era triggered integration of traditional activities and digital technologies. Moreover, the rise of innovation has been accelerating in emerging industries such as cleantech, the new generation of information technology, biotechnology, and high-end equipment manufacturing. The estimations provided by the World Economic Forum predict that “new value creation over the next decade will be based on digitally enabled platform business models” (www.weforum.org). Therefore, traditional organizations must change the approaches adopted and capture value in the context of digital disruptions. These tendencies raise a number of management challenges that need to be solved by the efforts of the scientific community. Therefore, this Special Issue provides the platform for a fruitful discussion and the development of relevant theories.

What novel techniques are leading to ground-breaking theories? To answer this question, researchers are encouraged to integrate new ideas from other disciplines. The extension of general systems theory in the field of organizations, aiming to transform prevailing approaches, is a classic example of such integration. Furthermore, researchers are encouraged to apply new methods, which would be helpful for theorizing. Management challenges appear at many different levels: micro, mezzo, and macro. Thus, we have to answer the following questions: What is the role of employees in the digital transformation of businesses? What are some fruitful ways to deal with the challenges of new methods, approaches to work, and attempts to maintain the high performance of organizations? How can we balance the needs of employees and the demands of owners and managers? How are the processes and capabilities of organizations changing and how do these changes influence performance? How do the dynamics of competition, networking, and pressure groups shape organizations and what managerial approaches are relevant in this context? How does consumer behaviour shape the market situation and challenges of an organization? How can we respond to the challenges of economic disruptions and technological and social changes? Thus, this Special Issue contributes to closing these gaps in the scientific literature. High-quality papers are warmly welcomed.

Dr. Renata Korsakienė
Dr. Laima Jesevičiūtė-Ufartienė
Dr. Neringa Vilkaitė-Vaitonė
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. Economies is an international peer-reviewed open access monthly journal published by MDPI.

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Keywords

  • organization and management
  • strategic management
  • innovation management
  • organizational restructuring
  • strategy
  • stakeholders
  • business models
  • international management
  • marketing
  • digital marketing
  • consumer behaviour
  • leadership
  • human resource management
  • digital recruitment
  • engagement of employees
  • artificial intelligence in an organization
  • risk management
  • research methods
  • comparative analysis
  • bibliometric analysis
  • systematic literature review

Published Papers (2 papers)

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Research

Article
Digitalisation in Hospitals in COVID-19 Times—A Case Study of the Czech Republic
Economies 2022, 10(3), 68; https://doi.org/10.3390/economies10030068 - 17 Mar 2022
Cited by 1 | Viewed by 854
Abstract
In COVID-19 times, the healthcare system needs more financial and other resources for covering all necessary medical products and services. On the other hand, we have observed pressure on the effectiveness and optimisation of resources in hospitals and healthcare facilities. Digitalisation represents an [...] Read more.
In COVID-19 times, the healthcare system needs more financial and other resources for covering all necessary medical products and services. On the other hand, we have observed pressure on the effectiveness and optimisation of resources in hospitals and healthcare facilities. Digitalisation represents an important source of information for various levels of management in hospitals. The main aim of our research is the identification of the benefits of digitalisation of medical devices in hospitals in COVID-19 times, focusing on a case study of the Czech Republic. For our methodological approach, a literature review, data analysis, correlation analysis, and regression analysis were used. The case study presents the changes to the equipment/facilities use in years 2019 and 2020 in a selected hospital in Prague and the impact of COVID-19 on such use of resources. Management and financial issues are discussed, together with recommendations for healthcare sector management. As a result, economic benefits are represented mainly by various kinds of savings and optimisation of both processes and employees. On the other hand, it is not easy to identify all possible savings, as some of them can be in non-financial expression. Full article
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Article
Performance of Academic Staff during COVID-19 Pandemic-Induced Work Transformations: An IPO Model for Stress Management
Economies 2022, 10(2), 51; https://doi.org/10.3390/economies10020051 - 18 Feb 2022
Viewed by 1222
Abstract
The COVID-19 pandemic has adversely affected all spheres of services-related business, including the higher education sector. As a pre-emptive measure, almost all traditional educational institutions have been transformed into virtual organizations. This pandemic-induced work transition has created stress among academic staff and has [...] Read more.
The COVID-19 pandemic has adversely affected all spheres of services-related business, including the higher education sector. As a pre-emptive measure, almost all traditional educational institutions have been transformed into virtual organizations. This pandemic-induced work transition has created stress among academic staff and has hampered their performance. The present study aims to examine the impact of leadership behaviors, e-training, and employment security on the stress management process, consequently improving employee performance during and after the pandemic. Based on the IPO (input–process–output) model, this study examines the effect of leadership behavior, e-training, and employment security on teaching staff’s tasks and adaptive and contextual performance, mediated by stress management. To test the conceptual model, data were collected from the teaching staff of Malaysian universities. The structural equation modeling technique was used for data analysis, while bootstrapping with the maximum likelihood estimator was used to confirm the mediational role of stress management. The study revealed that task- and relation-oriented leadership behavior, e-training, and employment security positively influence stress management and employee performance in virtual organizations. Moreover, stress management acts as a full mediator in the relationship between leadership behavior and employee performance, while partial mediation occurs between e-training, employment security, and employee performance. This study offers valuable insights into the literature by proposing leadership behavior, e-training, and employment security as input in the stress management process to attain the performance output of teaching staff. Higher education institutions should come forward to assist their teaching employees in managing their stress levels for better outcomes. Full article
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