Bibliometric Analysis of the Digitalized Economy: A Systematic Review

Authors

  • Iftikhar Ahmad
  • Tayyab Khan
  • Salim Khan
  • Muhammad Naeem Sharif
  • Muhammad Waqar

DOI:

https://doi.org/10.54183/jssr.v2i4.111

Keywords:

Digital Economy, Bibliometric Analysis, Digital Technology, Policymaker, UK, USA, Spain

Abstract

The digital economy has gained excellent research attention in both practices and academia. Various organizations in the world are using digital technology. Recently, there has been much interest in topics like the Blockchain, sharing economy, and others, leading to apparent changes in several fields. At the same time, interest in the digital business economy is expanding. The bibliometrics analysis on the subject is a great way to address and discuss the possibilities and risks of the digital revolution. This study retrieved 10258 articles from the web of sciences database between 2015 and 2022. The analysis's findings revealed that since 2015, publications have significantly increased in several disciplines, including management, business, economics, library and information science, business economics, and others. In addition, research institutions in Spain, the USA, and the UK have excelled in the field of the digital economy. The authors used the VOS viewers software to examine what occurred and generate a keyword map showing the connection between the topic and the cooccurrence network generated by keyword data. As a result, researchers, funding organizations, policymakers, and business professionals interested in developing the digital economy can use this paper as a resource.

References

Balcerzak, A. P., & Pietrzak, B. M. (2017). Digital economy in Visegrad countries. multiple-criteria decision analysis at regional level in the years 2012 and 2015. Journal of Competitiveness, 9(2), 5-18. https://doi.org/10.7441/joc.2017.02.01

Bressanelli, G., Adrodegari, F., Pigosso, D. C., & Parida, V. (2022). Towards the smart circular economy paradigm: A definition, conceptualization, and research agenda. Sustainability, 14(9), 4960. https://doi.org/10.3390/su14094960

Chauhan, C., Parida, V., & Dhir, A. (2022). Linking circular economy and digitalisation technologies: A systematic literature review of past achievements and future promises. Technological Forecasting and Social Change, 177, 121508. https://doi.org/10.1016/j.techfore.2022.121508

Domazet, I., Zubović, J., & Lazić, M. (2018). Driving factors of Serbian competitiveness: Digital economy and ICT. Strategic Management, 23(2), 20-28. https://doi.org/10.5937/straman1801020d

Dougherty, D., & Dunne, D. D. (2012). Digital science and knowledge boundaries in complex innovation. Organization Science, 23(5), 1467-1484. https://doi.org/10.1287/orsc.1110.0700

Frolov, D., & Lavrentyeva, A. (2019). Regulatory policy for digital economy: Holistic institutional framework. Montenegrin Journal of Economics, 15(4), 33-44. https://doi.org/10.14254/1800-5845/2019.15-4.3

Hagberg, J., Sundstrom, M., & Egels-Zandén, N. (2016). The digitalization of retailing: An exploratory framework. International Journal of Retail & Distribution Management, 44(7), 694-712. https://doi.org/10.1108/ijrdm-09-2015-0140

Hess, T., Matt, C., Benlian, A., & Wiesböck, F. (2020). Options for formulating a digital transformation strategy. Strategic Information Management, 151-173. https://doi.org/10.4324/9780429286797-7

Hu, Z., Zhao, J., & Shi, L. (2021). Digital economy has become a new engine for regional development. 2021 20th International Symposium on Distributed Computing and Applications for Business Engineering and Science (DCABES). https://doi.org/10.1109/dcabes52998.2021.00012

Karimi, J., & Walter, Z. (2015). The role of dynamic capabilities in responding to digital disruption: A factor-based study of the newspaper industry. Journal of Management Information Systems, 32(1), 39-81. https://doi.org/10.1080/07421222.2015.1029380

Kathan, W., Matzler, K., & Veider, V. (2016). The sharing economy: Your business model's friend or foe? Business Horizons, 59(6), 663-672. https://doi.org/10.1016/j.bushor.2016.06.006

Lerch, C., & Gotsch, M. (2015). Digitalized product-service systems in manufacturing firms: A case study analysis. Research-Technology Management, 58(5), 45-52. https://doi.org/10.5437/08956308x5805357

Li, Z., & Liu, Y. (2021). Research on the spatial distribution pattern and influencing factors of digital economy development in China. IEEE Access, 9, 63094-63106. https://doi.org/10.1109/access.2021.3075249

Morakanyane, R., Grace, A., & O’Reilly, P. (2017). Conceptualizing Digital Transformation in Business Organizations: A Systematic Review of Literature. Digital Transformation – From Connecting Things to Transforming Our Lives. https://doi.org/10.18690/978-961-286-043-1.30

Okhunov, D., Semenov, S., Gulyamov, S., Okhunova, D., & Okhunov, M. (2021). Tools to support the development and promotion of innovative projects. SHS Web of Conferences, 100, 01008. https://doi.org/10.1051/shsconf/202110001008

Ranta, V., Aarikka-Stenroos, L., & Väisänen, J. (2021). Digital technologies catalyzing business model innovation for circular economy—Multiple case study. Resources, Conservation and Recycling, 164, 105155. https://doi.org/10.1016/j.resconrec.2020.105155

Yin, Q., & Liu, G. (2020). Resource scheduling and strategic management of smart cities under the background of digital economy. Complexity, 2020, 1-12. https://doi.org/10.1155/2020/6624307

Ziyadin, S., Suieubayeva, S., & Utegenova, A. (2019). Digital transformation in business. Lecture Notes in Networks and Systems, 408-415. https://doi.org/10.1007/978-3-030-27015-5_49

Downloads

Published

2022-12-31

How to Cite

Bibliometric Analysis of the Digitalized Economy: A Systematic Review. (2022). Journal of Social Sciences Review, 2(4), 369-376. https://doi.org/10.54183/jssr.v2i4.111