The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth

The financial activity generated by millions of routine online interactions between individuals, businesses, gadgets, information, and procedures is called the “digital economy.” The way businesses function and communicate with one another is changing quickly owing to the digital economy, which give...

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Main Authors: Deevi, Durga Praveen, Allur, Naga Sushma, Dondapati, Koteswararao, Chetlapalli, Himabindu, Kodadi, Sharadha, Perumal, Thinagaran
Format: Article
Published: Springer 2024
Online Access:http://psasir.upm.edu.my/id/eprint/115014/
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author Deevi, Durga Praveen
Allur, Naga Sushma
Dondapati, Koteswararao
Chetlapalli, Himabindu
Kodadi, Sharadha
Perumal, Thinagaran
author_facet Deevi, Durga Praveen
Allur, Naga Sushma
Dondapati, Koteswararao
Chetlapalli, Himabindu
Kodadi, Sharadha
Perumal, Thinagaran
author_sort Deevi, Durga Praveen
building UPM Institutional Repository
collection Online Access
description The financial activity generated by millions of routine online interactions between individuals, businesses, gadgets, information, and procedures is called the “digital economy.” The way businesses function and communicate with one another is changing quickly owing to the digital economy, which gives entrepreneurs new business options with sustainability. This article proposed the effect of the Digital Economy on Industrial Structure Upgrading with Sustainable Entrepreneurial Growth as a mediating factor (DE-ISU-SEG). The article begins by outlining the theoretical underpinnings of the DE and underlining its ability to change the industrial structure of economies. The influence of the DE on ISU and the mediating effect of entrepreneurial growth is then demonstrated empirically through hypothesis development. This paper sought to validate the DE and SEG to support the ISU and the truth of the viable path. It sought to address the issue of inadequate energy for improving China’s local industrial structure in light of the effects of the DE through SEG. This paper primarily utilized statistical analysis with multiple variables and detailed assessment techniques. The paper’s statistical foundation has been data collected from 25 Chinese regions between 2014 and 2022. The findings support that the DE’s growth positively impacts the ISU. They demonstrate how vital the mediator role of SEG is in the evolution of the DE, promoting the modernization of industries. Using a fixed impact model, a mediation effect model, and a threshold regression model, this study examined DE development’s impacts and propagation processes on the transformation and ISU. The findings support that the DE’s growth contributes to the ISU’s promotion and demonstrates the importance of the SEG’s intermediate function in this process. © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2024.
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spelling upm-1150142025-02-17T04:21:28Z http://psasir.upm.edu.my/id/eprint/115014/ The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth Deevi, Durga Praveen Allur, Naga Sushma Dondapati, Koteswararao Chetlapalli, Himabindu Kodadi, Sharadha Perumal, Thinagaran The financial activity generated by millions of routine online interactions between individuals, businesses, gadgets, information, and procedures is called the “digital economy.” The way businesses function and communicate with one another is changing quickly owing to the digital economy, which gives entrepreneurs new business options with sustainability. This article proposed the effect of the Digital Economy on Industrial Structure Upgrading with Sustainable Entrepreneurial Growth as a mediating factor (DE-ISU-SEG). The article begins by outlining the theoretical underpinnings of the DE and underlining its ability to change the industrial structure of economies. The influence of the DE on ISU and the mediating effect of entrepreneurial growth is then demonstrated empirically through hypothesis development. This paper sought to validate the DE and SEG to support the ISU and the truth of the viable path. It sought to address the issue of inadequate energy for improving China’s local industrial structure in light of the effects of the DE through SEG. This paper primarily utilized statistical analysis with multiple variables and detailed assessment techniques. The paper’s statistical foundation has been data collected from 25 Chinese regions between 2014 and 2022. The findings support that the DE’s growth positively impacts the ISU. They demonstrate how vital the mediator role of SEG is in the evolution of the DE, promoting the modernization of industries. Using a fixed impact model, a mediation effect model, and a threshold regression model, this study examined DE development’s impacts and propagation processes on the transformation and ISU. The findings support that the DE’s growth contributes to the ISU’s promotion and demonstrates the importance of the SEG’s intermediate function in this process. © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2024. Springer 2024 Article PeerReviewed Deevi, Durga Praveen and Allur, Naga Sushma and Dondapati, Koteswararao and Chetlapalli, Himabindu and Kodadi, Sharadha and Perumal, Thinagaran (2024) The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth. Electronic Commerce Research. ISSN 1389-5753; eISSN: 1572-9362 https://link.springer.com/article/10.1007/s10660-024-09907-5?error=cookies_not_supported&code=97c48aa8-13ab-4faf-9a5c-e6753ebd024d 10.1007/s10660-024-09907-5
spellingShingle Deevi, Durga Praveen
Allur, Naga Sushma
Dondapati, Koteswararao
Chetlapalli, Himabindu
Kodadi, Sharadha
Perumal, Thinagaran
The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth
title The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth
title_full The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth
title_fullStr The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth
title_full_unstemmed The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth
title_short The impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth
title_sort impact of the digital economy on industrial structure upgrading and sustainable entrepreneurial growth
url http://psasir.upm.edu.my/id/eprint/115014/
http://psasir.upm.edu.my/id/eprint/115014/
http://psasir.upm.edu.my/id/eprint/115014/