In the current dynamic business landscape, digital transformation is recognized as a critical driver of entrepreneurship, innovation, and growth, particularly among small and medium-sized enterprises (SMEs). This study aims to investigate the key factors influencing digital transformation,...

This brief is the first in a series of several companion pieces that assess the state of the business environment in 27 European Union (EU27) countries. This series makes use of a fully comparable data source-the World Bank Enterprise Surveys-that measures firms' experiences with and opinions on...

The COVID-19 pandemic devastated businesses globally, leading to significant economic and social challenges. Micro, Small and Medium Enterprises (MSMEs) are particularly vulnerable to environmental turbulence, while their survival and resilience are critical to the national economic recovery of...

There is increasing awareness that customers and suppliers serve as key external information sources for the innovation of small and medium-sized enterprises (SMEs). However, existing research on the influence of customer participation (CP) and supplier participation (SP) remains inconsistent....