A Literature Review on Enterprise Digital Transformation
TL;DR
The review reveals that both endogenous and exogenous factors jointly propel the transformation process, and at the macro level, digital transformation facilitates industrial upgrading and regional innovation; at the micro level, it improves firm innovation performance and governance efficacy.
Abstract
This paper presents a systematic literature review on enterprise digital transformation, comprehensively synthesizing its conceptual connotations, driving factors, economic implications, and associated challenges. Digital transformation is defined as a systemic organizational change that leverages digital technologies to restructure business processes, innovate business models, and enhance competitive advantage, with its core lying in the synergistic co-evolution of technological enablement and organizational capabilities. The review reveals that both endogenous and exogenous factors jointly propel the transformation process. At the macro level, digital transformation facilitates industrial upgrading and regional innovation; at the micro level, it improves firm innovation performance and governance efficacy. However, it also presents challenges, including data security risks and technological integration complexities. Future research should develop multi-theoretic analytical frameworks, deepen investigations into managerial traits, industry heterogeneity, and dynamic evolutionary mechanisms, thereby offering more precise theoretical guidance and practical support.