The Impact of Digital Transformation on International Trade
Öz
The digital transformation tools improve the internal management of enterprises and contributes to their basic business performance. Studies have shown that as a result of the correct adaptation of innovative technologies, more efficient results have begun to be obtained in all procesgeneral business processes. The aim of this research is to contribute to the literature by exploring the advantages and disadvantages of the application of digital technologies and by revealing the issues that entrepreneurs and academics who want to digitalize in international trade should consider in their studies. A qualitative research method was used in the research and the results obtained from the studies in the relevant literature and the effects of this transformation on international trade were compiled. There is a consensus in the literature that the use of blockchain, artificial intelligence and internet of things applications in international trade will increase the costs of businesses. However, in addition to its many positive effects, it has also been stated that international standards should be established in the use of these technologies. The theoretical importance of this study lies in the fact that no study has been found on the application of digital transformation tools such as blockchain, AI and IoT to international trade.
Anahtar Kelimeler
International Trade, Digital Transformation, Blockchain, Artificial Intelligence, Internet of Things.
Kaynakça
- Abeliansky, A. L., & Hilbert, M. (2017). Digital technology and international trade: Is it the quantity of subscriptions or the quality of data speed that matters?. Telecommunications Policy, 41(1), 35-48.
- Ahmedov, I. (2020). The impact of digital economy on international trade. European Journal of Business and Management Research, 5(4), 1-7.
- Anbazhagan, A., Guru, K., Masood, G., Mandaviya, M., Dhiman, V., & Naved, M. (2022). Critically analyzing the concept of internet of things (IOT) and how ıt ımpacts employee and organizational performance. In Proceedings of Second International Conference in Mechanical and Energy Technology, 121-130.
- Arsenijevic, U., & Jovic, M. (2019). Artificial intelligence marketing: Chatbots. In 2019 International Conference on Artificial Intelligence: Applications and Innovations (IC-AIAI), 19-22.
- Balaji, S., Nathani, K., & Santhakumar, R. (2019). IoT technology, applications and challenges: A contemporary survey. Wireless Personal Communications, 108, 363-388.
- Baykov, F. Y., & Ershov, V. S. (2023). International Trade Digital Transformation Impact on the Global Digital Platforms Expansion. In 2023 International Conference on Engineering Management of Communication and Technology (EMCTECH), 1-5.
- Belu, M. G. (2019). Application of blockchain in international trade: An overview. The Romanian Economic Journal, 71(22), 2-16.
- Bernard, A. B., Jensen, J. B., Redding, S. J., & Schott, P. K. (2007). Firms in international trade. Journal of Economic Perspectives, 21(3), 105-130.
- Bhat, A., Nor, R. M., Mansor, H., & Amiruzzaman, M. (2021). Leveraging decentralized internet of things (IoT) and blockchain technology in ınternational trade. In 2021 International Conference on Cyber Security and Internet of Things (ICSIoT), 1-6.
- Bhbosale, S., Pujari, V., & Multani, Z. (2020). Advantages and disadvantages of artificial intellegence. Aayushi International Interdisciplinary Research Journal, 77, 227-230.