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Global Challenges of Digital Transformation of Markets (GDTM-2020)
JOItmC
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Global Challenges of Digital Transformation of Markets (GDTM-2020)

A special issue of Journal of Open Innovation: Technology, Market, and Complexity (ISSN 2199-8531).

Deadline for manuscript submissions: closed (15 June 2021) | Viewed by 95838

Special Issue Editors

Dr. Elena De la Poza

E-Mail Website
Guest Editor
Faculty of Business Administration and Management, Universitat Politècnica de València, Camí de Vera, s/n, 46022 València, Valencia, Spain
Interests: business models; sustainability; firm valuation; technology; digital economy; fintech
Prof. Dr. Sergey E. Barykin

E-Mail Website
Guest Editor
Graduate School of Service and Trade, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, Russia
Interests: manufacturing processes; digital platforms; industry 4.0; digital economy
Prof. Dr. Vladimir Badenko

E-Mail Website
Guest Editor
Peter the Great St. Petersburg Polytechnic University, Politekhnicheskaya Ulitsa, 29, St Petersburg, Russia
Interests: water resource management; hydrological modeling; environment; geographic information system

Special Issue Information

Dear Colleagues,

As rapid changes are brought on by the advent of breakthrough technologies and by the challenges facing humanity, existing business models are to be consistently updated and reinvented.

In fact, innovative business models need to be adopted, focused on generating novel state-of-the-art products and technologies that have not yet gained wide circulation, and on searching for new markets or marketing opportunities, which would allow selling the goods and services produced in the increasingly digitized economy.

This Special Issue deals with the challenges of digital transformation in logistics and supply chain management, digitization of trade networks and global markets, with a primary focus on business processes and marketing transformation.

In this Special Issue, we bring together experts both from the academic community and the real sector of the economy, providing a platform for exploring the global challenges experienced by regional and global markets in the age of digitization.

Topics include:

  • Digital transformation challenges in logistics and supply chain management;
  • Digitalization of trade networks and global markets;
  • Business processes and marketing transformation in age of digitalization;
  • HR management in the digital era.

Assoc. Prof. Dr. Elena de la Poza
Prof. Dr. Sergey E. Barykin
Prof. Dr. Vladimir Badenko
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Open Innovation: Technology, Market, and Complexity is an international peer-reviewed open access quarterly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • digital transformation
  • business models
  • logistics and supply chain management
  • global markets
  • marketing transformation
  • human resources management
  • open innovation
  • business model
  • open platform
  • dynamics

Published Papers (15 papers)

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26 pages, 738 KiB  
Article
Decentralized Open Platform for Vaccination—A German Example: COVID-19-Vacc
by Mirjana Radonjic-Simic, Christian Mahrt, Sven Niemand, Andreas Speck and Melanie Windrich
J. Open Innov. Technol. Mark. Complex. 2021, 7(3), 186; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7030186 - 11 Aug 2021
Cited by 2 | Viewed by 4026
Abstract
The COVID-19 pandemic has massively impacted the health of many people worldwide and poses significant challenges for our social, economic, and political life. Global vaccination should help the world overcome the pandemic and return to a “normal” life. In Germany, the Federal Ministry [...] Read more.
The COVID-19 pandemic has massively impacted the health of many people worldwide and poses significant challenges for our social, economic, and political life. Global vaccination should help the world overcome the pandemic and return to a “normal” life. In Germany, the Federal Ministry of Health presented its “National Vaccination Strategy COVID-19”, which describes the primary actors, elements, and activities required for the immunization of the German population. However, the implementation is challenging due to the federal organization of the German state in sixteen federal states. While essential processes such as vaccination rate monitoring and surveillance are planned centrally, the sixteen federal states are responsible for implementing the vaccination strategy in a decentralized manner. Furthermore, the European General Data Protection Regulation (EU-GDPR) imposes strict rules for processing and exchanging personal data. However, Germany is only a case in point. Governmental decisions always need to be implemented by regional and/or local actors, the number of which varies greatly depending on the country. This work addresses these challenges by proposing the COVID-19-Vacc Platform—an open and decentralized digital platform focused on vaccinations as a matter of example. The proposed platform model connects various actors and enables them to involve, conduct, and track the vaccination process while meeting all necessary data protection and security requirements defined by EU-GDPR. Using the DMS Reference Model as the theoretical framework, the blueprint of the COVID-19-Vacc Platform is developed, outlining the platform’s ecosystem structure, its interactions process model, and the service stack, defining how the proposed platform works on the operational level. Our COVID-19-Vacc Platform may help facilitate a fast and EU-GDPR compliant implementation of COVID-19 vaccination strategies. Beyond that, the proposed open and decentralized platform model might facilitate international interconnectivity and therefore the management of emerging global pandemics or other global health-related crisis. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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32 pages, 7511 KiB  
Article
Open Business Model of COVID-19 Transformation of an Urban Public Transport System: The Experience of a Large Russian City
by Artur I. Petrov and Daria A. Petrova
J. Open Innov. Technol. Mark. Complex. 2021, 7(3), 171; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7030171 - 06 Jul 2021
Cited by 4 | Viewed by 3508
Abstract
Dialectics, or developmental transformation, would eventually cause any system to change. The level and depth of these changes vary and depend on the power of external influence and system reservation mechanisms. The art of managing system processes consists of two main aspects. The [...] Read more.
Dialectics, or developmental transformation, would eventually cause any system to change. The level and depth of these changes vary and depend on the power of external influence and system reservation mechanisms. The art of managing system processes consists of two main aspects. The first aspect involves the sagacity of managers and predicting general environmental change trends (and their impacts on the managed system). The second involves adjusting to these trends, maximizing possible benefits, and minimizing the negative manifestations of this process. Innovation plays an important role, contributing to system transformations with maximal effect and minimal loss. Public transport systems are important elements in cities, as they provide spatial mobility for at least half of the citizens of a city who cannot use individual transportation. Modern urbanization and peculiarities of the social–economic statuses of many citizens contribute to the fact that organized public transportation is unprofitable. The low solvency of citizens who use public transportation services means that passenger transport systems do not work with enough profitability. As a result, governing institutions often choose to subsidize unprofitable transporter activities, thereby prolonging the functioning of unprofitable routes. This is possible only in conditions of sustainability (in regards to a non-optimal system), when the environment is calm, and its negative impact is low. “Black swans” (according to N. Taleb) are bifurcation factors that break the sustainability of non-optimal system. Urban public transport (UPT) of a large Russian city, Tyumen, experienced it in 2020, in connection with the COVID-19 lockdown. The sharp decrease in population mobility in Tyumen, in 2020–2021, caused the need for a complete transformation of the transport service system. However, managers did not want to fundamentally change a system that consensually suited most counterparties. The search for new balances in a system that demands transformation is one way for sustainable provision. This article looks at the transformation and sustainability of a UPT system in the large Russian city of Tyumen, under conditions affected by the negative impact of COVID-19. Results of a comparative (i.e., pre-crisis (2019) and crisis (2020)) Pareto analysis of the contributions of different UPT routes are presented. Transformation of the structure of the UPT route system can overcome the “crisis” COVID-19 period and minimize its financial-economic costs. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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16 pages, 2150 KiB  
Article
Modeling Changes in the Enterprise Information Capital in the Digital Economy
by Dmitriy Rodionov, Andrey Zaytsev, Evgeniy Konnikov, Nikolay Dmitriev and Yulia Dubolazova
J. Open Innov. Technol. Mark. Complex. 2021, 7(3), 166; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7030166 - 29 Jun 2021
Cited by 8 | Viewed by 2610
Abstract
The global COVID-19 pandemic has led to the self-isolation of people and the transformation of many economic and social processes into an electronic version thus contributing to the digitalization of all spheres. Being part of this environment, enterprises generate information resources to develop [...] Read more.
The global COVID-19 pandemic has led to the self-isolation of people and the transformation of many economic and social processes into an electronic version thus contributing to the digitalization of all spheres. Being part of this environment, enterprises generate information resources to develop their desired image, which may vary according to the factors characterizing the information environment. Information capital is a comprehensive characteristic of an enterprise and determines its effectiveness and sustainability. The purpose of this study is to develop a toolkit that allows one to assess the information capital of an enterprise, reflecting its perception within the digital information environment. It is necessary to develop the methodology for the formation of such tools. As a result, a fuzzy-plural approach has been developed to evaluate the index of external information capital. This model allows us to assess the external information capital and to simulate its changes caused by various kinds of information events. The study of key elements, for example, the stability and tonality indices, index of target perception made it possible to systematize chaotic changes in the external environment and describe them using the Chen–Lee attractor model. The results of this study can be useful for researchers in the field of digital information analysis, in particular for the comparative analysis of enterprises and the assessment of their information capital. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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24 pages, 27395 KiB  
Article
Transformation of Business Models in Spa Enterprises for Medical Purposes in Situations of Epidemic Threats
by Adam R. Szromek
J. Open Innov. Technol. Mark. Complex. 2021, 7(2), 143; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7020143 - 25 May 2021
Cited by 7 | Viewed by 3075
Abstract
The suspension of tourism due to the COVID-19 pandemic has led to an almost complete halt in the activities of the tourism industry. This paper attempts to assess the ability to use the potential of health tourism enterprises in counteracting the SARS-CoV-2 virus [...] Read more.
The suspension of tourism due to the COVID-19 pandemic has led to an almost complete halt in the activities of the tourism industry. This paper attempts to assess the ability to use the potential of health tourism enterprises in counteracting the SARS-CoV-2 virus pandemic and to propose a sustainable transformation of the business model of the health tourism enterprise, taking into account the determinants of sustainable tourism and health crises. The author presents the results of research conducted in March 2021 among 19 managers of the largest spa enterprises in Poland. The managers’ experiences from the first year of the COVID-19 pandemic indicate that sanatoriums and other health tourism facilities, during periods of health and humanitarian crises, can successfully play a preventive and relieving role for healthcare facilities by implementing post-COVID treatment, conducting vaccinations, organizing isolators for people in quarantine, and even treating patients who do not have symptoms but require hospitalization. The transformation of the business model of these companies, in the form of a sustainable SusHT-CANVAS+ business model, is proposed and the mentioned critical activities are positioned in the model in the form of sustainable value. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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22 pages, 763 KiB  
Article
Brand Personality as a Consistency Factor in the Pillars of CSR Management in the New Normal
by Elizabeth Emperatriz García-Salirrosas and Javier Mayorga Gordillo
J. Open Innov. Technol. Mark. Complex. 2021, 7(2), 134; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7020134 - 15 May 2021
Cited by 8 | Viewed by 4029
Abstract
During such a complex crisis as the one experienced by humanity since the first quarter of 2020, it is necessary to develop tools that contribute to creating the corporate image for organizations that are currently interested in being identified as brands with high [...] Read more.
During such a complex crisis as the one experienced by humanity since the first quarter of 2020, it is necessary to develop tools that contribute to creating the corporate image for organizations that are currently interested in being identified as brands with high social and environmental commitment. Likewise, elements that contribute to building strong brands during a context that has changed consumption priorities are required. For this reason, this paper aims at adapting the dimension of socially responsible brand personality (SRBP), proposed by Mayorga (2017), taking the situation experienced due to the COVID-19 pandemic as a new context. The objective of this research is to contribute to the management of corporate social responsibility (CSR) by providing, from a communicative perspective, a tool that optimizes the creation of a socially responsible image by the different stakeholders. The results allow us to conclude that there is a structural modification of the brand personality proposed by Mayorga, which can be presumed to be generated by the current environment, and which, therefore, can be established as a pillar of CSR management in the new normal, from a relational point of view. The findings clearly identify the virtue of integrity in brand personality, which is made up of two attributes, which, in turn, are made up of 17 traits that can identify a socially responsible brand. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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20 pages, 4359 KiB  
Article
Implementation of Chatbot in Online Commerce, and Open Innovation
by María D. Illescas-Manzano, Noé Vicente López, Nuno Afonso González and Carmen Cristofol Rodríguez
J. Open Innov. Technol. Mark. Complex. 2021, 7(2), 125; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7020125 - 05 May 2021
Cited by 14 | Viewed by 8868
Abstract
This study describes the chatbot journey and focuses on its implementation within the digital marketing strategy in the first part of a company’s sales funnel. The main goal was to apply a chatbot via Facebook Messenger supported by the ManyChat platform to increase [...] Read more.
This study describes the chatbot journey and focuses on its implementation within the digital marketing strategy in the first part of a company’s sales funnel. The main goal was to apply a chatbot via Facebook Messenger supported by the ManyChat platform to increase the number of leads, comparing the chatbot with the previous strategy used by the company to obtain contact information. This research work takes a step further and shows that implementing a chatbot through the ManyChat platform by a company that markets online has a positive impact on the capturing of leads, as opposed to the results obtained by authors such as Luo et al. and Leung et al. A chatbot platform used with the intention of obtaining leads seems to be an agile and powerful tool; in fact; the main conclusion of this work is that including this method can be one of the main axes of obtaining information about consumers with the aim of performing marketing actions in a two-way communication that facilitates sales by companies. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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26 pages, 5658 KiB  
Article
The Impact of Digital Transformation on the Micrologistic System, and the Open Innovation in Logistics
by Nikolay Didenko, Djamilia Skripnuk, Kseniia Kikkas, Olga Kalinina and Eryk Kosinski
J. Open Innov. Technol. Mark. Complex. 2021, 7(2), 115; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7020115 - 19 Apr 2021
Cited by 11 | Viewed by 4011
Abstract
This paper investigates the effects of digital production and information technologies on the development of logistic systems of different kinds: megalogistic, macrologistic, and micrologistic. The notions of a logistic system and types of logistic systems imply that logistics is considered in its broad [...] Read more.
This paper investigates the effects of digital production and information technologies on the development of logistic systems of different kinds: megalogistic, macrologistic, and micrologistic. The notions of a logistic system and types of logistic systems imply that logistics is considered in its broad sense as a modern methodology for managing all types of flows that appear in the process of socioeconomic activities of society and business: material, information, energy, financial and labor flows. The methodology discussed in this paper gives the answer to the question of what impact digital production and information technologies have on the development of various types of logistic systems. The methodology includes building a mathematical model in which the endogenous variables of the model reflect the resulting variables of the logistic system, while the exogenous variables reflect digital production and information technologies. The mathematical model is a system of interdependent dynamic econometric equations. Each equation is an autoregressive distributed lags model. In the model, the current values of an endogenous variable depend on their previous values, as well as on the current and previous values of other endogenous and exogenous variables. The novelty of the research is in the developed methodology for a comprehensive assessment of the impact made by digitalization on a totality of the interrelated and interdependent resulting indicators of the logistic system. A comprehensive assessment of the impact made by digitalization on a totality of interrelated and interdependent indicators of the logistic system is understood as a change in the indicators of the logistic system due to the effect of digitalization. The proposed methodology for a comprehensive assessment was empirically tested for Salesforce company. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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12 pages, 938 KiB  
Article
The Interaction Model within Phygital Environment as an Implementation of the Open Innovation Concept
by Alexey Aleksandrovich Mikheev, Aleks Krasnov, Richard Griffith and Mihail Draganov
J. Open Innov. Technol. Mark. Complex. 2021, 7(2), 114; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7020114 - 18 Apr 2021
Cited by 6 | Viewed by 3897
Abstract
Currently, the interaction of the consumer and the retail market on the basis of the digital technologies could be described from the point of view of open innovation concept. The article aims to prove the advantages of mixing two separate formats of the [...] Read more.
Currently, the interaction of the consumer and the retail market on the basis of the digital technologies could be described from the point of view of open innovation concept. The article aims to prove the advantages of mixing two separate formats of the interaction between the seller and the consumer in online and offline. The scientific approach to the developing of the so-called phygital environment (physical plus digital) could be considered as a research gap. The definition of the phygital environment regards the innovational concept being used in marketing practice but has not been described in scientific publication yet. The article examines the peculiarities of interaction between consumers and sellers in the framework of their interaction in the phygital environment. The concept of pop-up stores is analyzed as a new format of advertising interaction with the consumer. The authors have proposed a model of an end-to-end analytics system for assessing the effectiveness of a pop-up store in the framework of the interaction of participants in the turnover in a phygital environment. The proposed model has been tested and the efficiency of opening a pop-up store has been evaluated with and without the proposed model. The main marketing indicators and potential effects from the implementation of the proposed system for the company’s activities, in general, in the field of marketing are evaluated. The authors have studied the prospects for both development and automation, as well as the formation of the system of personalized marketing for companies, which implements the concept of interaction with consumers within the framework of the phygital environment. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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21 pages, 1278 KiB  
Article
Digitalization and Strategic Transformation of Retail Chain Stores: Trends, Impacts, Prospects
by Yury Malenkov, Irina Kapustina, Galina Kudryavtseva, Victor V. Shishkin and Victor I. Shishkin
J. Open Innov. Technol. Mark. Complex. 2021, 7(2), 108; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7020108 - 06 Apr 2021
Cited by 5 | Viewed by 6546
Abstract
The study of the transformation of retail chain stores (RCS) due to the impact of digitalization on them is a new problem. The main part of modern scientific research is devoted to separate directions of digitalization and does not consider conceptual aspects of [...] Read more.
The study of the transformation of retail chain stores (RCS) due to the impact of digitalization on them is a new problem. The main part of modern scientific research is devoted to separate directions of digitalization and does not consider conceptual aspects of these processes. The purpose of this article is to fill the existing research gap through the development of a new system concept of the digitalization impact on RCS transformations. The study shows the need to clarify the understanding of RCS strategic transformation caused by the drivers of different digitalization processes, which are not well understood today and are not taken into account when developing digitalization strategies. This situation has an extremely negative effect on the quality of RCS development and its competitiveness. The article consistently examines insufficiently covered problems in scientific literature and offers a new conceptual approach to the impact of digitalization on companies with regard to RCS transformation. New digitalization trends and their drivers have a deep impact on RCS transformations. A new system model is needed that integrates superdrivers and the impact of digitalization on the RCS transformation. Causal and heuristic forecasts of prospects, trends and results of digitalization, including contradictory results of AI development are included. We used materials from large retail chains “Magnit”, “Perekrestok” and “M.Video-Eldorado Group”. The research methods used were system modelling, cause and effect links building and heuristic forecasting based on logical models. The main results will be useful for researchers, managers, entrepreneurs and students in developing a clear understanding of digitalization development and its impacts, in order to better work out digitalization strategies and for the development of new directions of scientific research. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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16 pages, 301 KiB  
Article
Improving Personnel Management by Organizational Projects: Implications for Open Innovation
by Alexander Bril, Olga Kalinina, Olga Valebnikova, Natalia Valebnikova, Marisa Camastral, Dmitry Shustov and Natalya Ostrovskaya
J. Open Innov. Technol. Mark. Complex. 2021, 7(2), 105; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7020105 - 24 Mar 2021
Cited by 7 | Viewed by 3627
Abstract
The methodology and basic elements of the business process of one-stage economic assessment of organizational projects for personnel management at Russian enterprises are presented. The aim of the study is to analyze and develop clear criteria for assessing the effectiveness of projects and [...] Read more.
The methodology and basic elements of the business process of one-stage economic assessment of organizational projects for personnel management at Russian enterprises are presented. The aim of the study is to analyze and develop clear criteria for assessing the effectiveness of projects and improving personnel management systems for enterprises of different industries and types of activities. The economic and financial assessment of projects aimed at the development of personnel management systems is based on the general methodology for the commercial assessment of projects, which is presented in the so-called United Nations Industrial Development Organization (UNIDO) methodology. The article proposes the resulting model “maximum costs of the HRM”. The features of the proposed methodology are based on the assumption of future digitalization and are associated with the need for a preliminary calculation of the maximum possible project costs, localization of the projects under consideration at existing enterprises, and the mandatory separation of project goals for increasing sales or reducing the number of personnel. In accordance with the different objectives of the projects, a certain order and special indicators of decision-making are proposed. Companies with a different structure of costs could be assessed via the proposed model and the results presented in the article. The model allows us to create an information base for reasonable decision-making on HR management (HRM) projects and future digitalization of settlements. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
18 pages, 292 KiB  
Article
Applying Blockchain in the Modern Supply Chain Management: Its Implication on Open Innovation
by Margareta Teodorescu and Elena Korchagina
J. Open Innov. Technol. Mark. Complex. 2021, 7(1), 80; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7010080 - 02 Mar 2021
Cited by 14 | Viewed by 9228
Abstract
Over the past decade, the blockchain technology has been actively embraced by an increasing number of companies. Blockchain has proven its effectiveness not only in the financial sector, but also in logistics and supply chain management, and has received extensive coverage in the [...] Read more.
Over the past decade, the blockchain technology has been actively embraced by an increasing number of companies. Blockchain has proven its effectiveness not only in the financial sector, but also in logistics and supply chain management, and has received extensive coverage in the scientific literature. At the same time, the implementation of blockchain in logistics and supply chain management (SCM) is technically difficult and requires significant financial costs. In this regard, its distribution in countries across the world is uneven. In this study, we compare the implementation of blockchain in countries with developed (Germany) and emerging (Russia) economies. Thus, our study provides new findings and information on the similarities and differences in blockchain implementation strategies in countries with developed and emerging economies. This comparative analysis reveals country peculiarities and different approaches regarding the application of blockchain technologies. The research methodology is based on the case study method. Three economic sectors are selected for the cross-country comparative analysis: the energy, food, and pharmaceutical industries. The analysis is focused on the use of blockchain along all three parts of the supply chain: upstream, production and downstream. Using theory building through case studies, our research results reveal many similarities in blockchain implementation in Germany and Russia. They show that blockchain is actively used in all three analyzed sectors by companies in both countries. Moreover, the technology proves its effectiveness in both upstream and downstream parts of the supply chain. In both Germany and Russia, blockchain is mainly used by large businesses due to its high costs. However, there are some differences regarding the implementation process of the technology in both countries. Firstly, the state support is required for some Russian blockchain projects. Secondly, none of the Russian companies has the necessary "full range" of blockchain competencies, so all Russian projects are carried out in collaboration with other parties, primarily IT partners. Thirdly, most of the Russian blockchain projects are still local in nature and relate to the use of technology in the relationship between the specific supplier and corresponding consumers. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
16 pages, 1043 KiB  
Article
Modeling a Logistics Hub Using the Digital Footprint Method—The Implication for Open Innovation Engineering
by Alexey Shmatko, Sergey Barykin, Sergey Sergeev and Anuphat Thirakulwanich
J. Open Innov. Technol. Mark. Complex. 2021, 7(1), 59; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7010059 - 07 Feb 2021
Cited by 12 | Viewed by 3676
Abstract
Optimizing the cargo flows through the nodes of a digital transport corridor is a crucial problem; solving it allows to introduce modern management methods in logistics. This study examines the optimization of the technology of a distribution center as the base node of [...] Read more.
Optimizing the cargo flows through the nodes of a digital transport corridor is a crucial problem; solving it allows to introduce modern management methods in logistics. This study examines the optimization of the technology of a distribution center as the base node of a third-party logistics network operator. Our objective consisted in theoretically substantiating the application of mathematical formalisms to describing the passage of stochastic goods flows of a complex structure through a node of a logistics network. To solve the problem, we constructed a mathematical model intended as a decision-making block in the Warehouse Management System software. This paper presents the results of calculations carried out using a computer according to the proposed algorithm. Preliminary results allow to conclude that there is a significant resource for reducing construction and maintenance costs of the distribution center. Quantitatively, the savings will range from 10% to 40%, depending on the terms of delivery of goods and the degree of market uncertainty. An example of a practical calculation using the developed mathematical model is given. The calculations were performed for Huawei, a key global provider of ICT infrastructure and smart terminals. The algorithms were designed to account for uncertainty, which allows to use the results for risk management applications. In practice, this theoretical concept can serve as a basis for digital logistics platforms, increasing the speed of delivery of goods and cargo and the profitability of logistics as a result. The solution to this problem will allow to consider the nodes of logistics networks as smart independent divisions with an information interface for interaction built into a digital logistics platform. The role of these nodes is to make the best decisions in handling cargo flows. As the next stage of research, we plan to develop algorithms for coordinating the information flows reflecting transport activities and forming the material flows entering and leaving the distribution centers. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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13 pages, 1473 KiB  
Article
Transformation of Distribution Logistics Management in the Digitalization of the Economy
by Alexander Parfenov, Lubov Shamina, Jiahui Niu and Vladimir Yadykin
J. Open Innov. Technol. Mark. Complex. 2021, 7(1), 58; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7010058 - 06 Feb 2021
Cited by 14 | Viewed by 6753
Abstract
A problem predicted by experts with the onset of the COVID-19 pandemic is that many markets, in particular, the restaurant market, the tourism market, and the entertainment market, will face long-term stagnation in the near future due to outflow of financial resources. On [...] Read more.
A problem predicted by experts with the onset of the COVID-19 pandemic is that many markets, in particular, the restaurant market, the tourism market, and the entertainment market, will face long-term stagnation in the near future due to outflow of financial resources. On the other hand, even though the standards of social interactions have changed, the basic needs of modern society for nourishing and varied food, entertainment and experiences cannot disappear as a result of a pandemic. The goal of our study consisted of gaining insights into the new hybrid practices of logistics and customer services that business needs to master in the new environment, combining offline and online activities. We have found that success in the market is achieved by organizations that regularly generate new entrepreneurial, scientific and technical ideas and consolidate their own and attracted resources to create, develop and launch new products, services and technologies on the market. Employing analytical methods, we have characterized the drivers of the transformation of distribution logistics management in the context of the digitalization of the economy, concluding that this process primarily affects the management of distribution channels. The features of transformation in the management of international distribution channels are studied. The requirements for logistics management in this functional area of management are defined. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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21 pages, 1062 KiB  
Article
Supply Chain Management Open Innovation: Virtual Integration in the Network Logistics System
by Vladimir Shcherbakov and Galina Silkina
J. Open Innov. Technol. Mark. Complex. 2021, 7(1), 54; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7010054 - 03 Feb 2021
Cited by 17 | Viewed by 4911
Abstract
The customer-oriented approach is actively developing within the global trend of the modern industrial revolution that is Industry 4.0. The focus on customer interests has led to cooperation and integration in supply chains, improving their efficiency and increasing transparency, awareness, and trust. However, [...] Read more.
The customer-oriented approach is actively developing within the global trend of the modern industrial revolution that is Industry 4.0. The focus on customer interests has led to cooperation and integration in supply chains, improving their efficiency and increasing transparency, awareness, and trust. However, an issue emerging in this scenario is that conventional supply chain management (SCM) procedures are unable to identify the potential proposal for a particular user. Modern businesses need to build integrated supply chains, which require well-developed infrastructure and easily available complementary services, relying on logistics as a networking technology. Supply chains of this generation grow from traditional individual desynchronized economic relations (linear models with some feedback and the simplest network configurations) to scalable, adaptable, harmonized partner networks. The logistics potential allows additional income by reducing the total costs of participants in the network, thus increasing the competitiveness of companies; this can be implemented based on new models of interaction in the current digital environment through, firstly, system integration. Our goal consists of identifying the essential characteristics of system integration and substantiating the methods for its implementation in the digital economy. The study is based on the analysis of global best practices, considering the reports from leading consulting companies and competent analytical agencies. We have confirmed that the role of a virtual system integrator of supply chains belongs to logistics platforms; the effects of a transition to platform business models are discussed in detail. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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Review

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27 pages, 2519 KiB  
Review
The Impacts of Emerging Technologies on Accountants’ Role and Skills: Connecting to Open Innovation—A Systematic Literature Review
by Nanja Kroon, Maria do Céu Alves and Isabel Martins
J. Open Innov. Technol. Mark. Complex. 2021, 7(3), 163; https://0-doi-org.brum.beds.ac.uk/10.3390/joitmc7030163 - 23 Jun 2021
Cited by 34 | Viewed by 23787
Abstract
Purpose: This paper reviews the recent accounting literature focusing on emerging technologies’ impacts on accountants’ role and skills. Specifically, it determines what emerging technologies are most studied concerning their impacts on accountants’ role and skills, which research strategies are used in the studies [...] Read more.
Purpose: This paper reviews the recent accounting literature focusing on emerging technologies’ impacts on accountants’ role and skills. Specifically, it determines what emerging technologies are most studied concerning their impacts on accountants’ role and skills, which research strategies are used in the studies that focus on this theme, and the impacts of the identified emerging technologies on accountants’ skills. It also investigates whether open innovation is an influencing factor in this connection. Methodology: Through a systematic literature review following the five-step approach described by Denyer and Tranfield, the Web of Science and Scopus databases are used as a source of article collection. Thus, our analysis starts with a total of 157 articles. Findings: The main analytical results of the study identify the skills that today’s accountants must have and what role is assigned to them. Practical implications: Professional bodies and regulators may take the results into account in informing the revision of standards, rules, and laws for the new environment. Educational institutions can use the results to adjust their programs to prepare students with the skills employers expect them to have. Contribution: This study provides an integrated understanding of the implications of recent technological developments on the accountant’s role and skills that have been hitherto discussed in the existing literature in a fragmented way. Future research suggestions are also provided, based on identified gaps in the literature, assisting other researchers in finding a way to augment knowledge in this area. Full article
(This article belongs to the Special Issue Global Challenges of Digital Transformation of Markets (GDTM-2020))
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