Leveraging Digital Technologies. Enabling Competitive Advantage in International Markets
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Abstract
This thesis explores how firms integrate digital technologies and strategic partnerships into their business models to enhance international competitiveness by observing the practical application of digitalization in a business setting. Five companies from different industries are examined to see how they integrate digital solutions to optimize performance. The research adopts a qualitative methodology, with semi-structured interviews to gather primary data, complemented by extensive secondary research. The findings reveal that digitalization improves responsiveness, proactiveness, and customer engagement. Strategic partnerships are also of high relevance as it enables firms to access a broader knowledge base and increased customer reach, as well as gaining features such as advanced technologies and credibility. The research concludes that while digital technologies offer significant opportunities for growth and efficiency, their effective implementation requires thoughtful integration into business models, alignment with strategic partnerships, and organizational flexibility. This thesis provides valuable insights for managers and stakeholders into the transformative potential of digital technologies and strategic partnerships in shaping competitive, resilient, and innovative business practices in the international landscape.