How Government Trips Boost Digital Transformation

In today's world, digital transformation is a hot topic, with governments everywhere pushing businesses to adopt these changes. But it's not all smooth sailing—there are uncertainties and companies might be missing out on some key factors. One such factor is official visits. To understand how these visits impact digital transformation, a study looked at data from small and medium-sized businesses (SMEs) in China from 2017 to 2021. It found that these visits can actually help drive digital transformation in SMEs. The study also showed that how well businesses work together in their industry chain plays a big part in this process. It acts as a bridge between official visits and digital transformation. Plus, the pressure from the government to push these changes also plays a role in making these visits more effective. Think of official visits as a signal from the government. It's like saying, "We support you, and you'll get resources to help with these changes. " This can make businesses feel more confident about taking on digital transformation, even though it can be risky. This study adds to our understanding of how political connections can influence digital transformation. It's like a puzzle piece that helps us see the bigger picture.