Unveiling the Evolution of Enterprise Digital Innovation Strategies

Insights From U.S.-Listed Companies' Annual Reports

Bibliographic Data

ID22106974
AuthorsShizhen Bai (0000-0002-7838-9015, Asia University), Yongbo Tan (0000-0002-7305-9279, Asia University), Chunjia Han (0000-0002-8210-385X, Asia University), Mu Yang (0000-0001-9442-9243, Asia University), Brij B Gupta (0000-0003-4929-4698, Asia University), Varsha Arya (0000-0001-7549-4429, Asia University), Neeraj Kumar (0000-0003-4179-7119, Asia University)
Year2024
Volume11
Issue6
Pages8243-8256
Publication date2024-12-01
Open AccessYes
TypeARTICLE
VenueIEEE Transactions on Computational Social Systems (JOURNAL)
Journal identifiersISSN: 2329-924X • E-ISSN: 2373-7476
PublisherInstitute of Electrical and Electronics Engineers (IEEE) (PUBLISHER)
DOI10.1109/tcss.2024.3360040
OpenAlexW4392543874
LanguageEN
Citations received1
References cited42

This article introduces a new metric for evaluating digital innovation in enterprise transformation using textual analysis of annual reports from U.S.-listed companies. Through network analysis and topic modeling, we identified 12 topics categorized into three main areas: digital technology innovation, customer-oriented digital strategy, and digital transformation in traditional business operations. Our research indicates that digital innovation strategies are critical for maintaining competitiveness and have shifted to a more innovation management-oriented approach. We also found differences in digital innovation strategies between companies and industries. Our study contributes to the theoretical significance of enterprise management and sustainable development

Business · Industrial organization · Knowledge management · Computer Science · Digitalization and Economic Development in Agriculture · Economic Development and Digital Transformation · Innovation and Knowledge Management

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