College of Business Administration, Lyceum of the Philippines University, Manila, Philippines
Technology is the primary productive force. In the current economic situation, the emergence of digital technology has broken the inherent thinking of traditional industries. Enterprises must rely on the power of technology to establish themselves in the market. At present, digital transformation has become an important issue in various industries worldwide. This article aims to study the impact of digital transformation on traditional industrial economic models and explore its potential impact on enterprise competitiveness and sustainable development.
Digital transformation, traditional industries, economic models
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