Modelling and assessing new SME digital business status for visualising virtual economics and sustainability economic indicators: Empirical evidence from poultry business

SMEs are generally recognised as financial contributors to regional economic development. Despite the enormous contributions of digital SMEs to sustainable economic growth and regional development have not yet been reported. This paper assesses and models SME businesses to gain a digital business st...

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Bibliographic Details
Published in:Heliyon 2024-05, Vol.10 (9), p.e30624-e30624, Article e30624
Main Authors: Chaichana, Thanapong, Reeve, Graham, Jaisan, Chalalai, Chakrabandhu, Yasinee
Format: Article
Language:English
Subjects:
Digital business
Engineering management
Industrial engineering
Small-to-medium enterprises
Sustainability indicators
Virtual economics
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Summary:SMEs are generally recognised as financial contributors to regional economic development. Despite the enormous contributions of digital SMEs to sustainable economic growth and regional development have not yet been reported. This paper assesses and models SME businesses to gain a digital business status and model. These days, visualising economic growth is challenging and powerful to identify business performance and realise sustainable regional development. This research analyses empirical data obtained from a poultry business to form a standard model for implementing a new SME digital business model and status. This standard model is a guideline to measure the other SME businesses and productions. Localisation of the SDGs was analysed using thematic analysis. Mathematical computation is used to visualise virtual economic growth geographically. Hence, our digital business model and status demonstrated business performance, management, and economic growth.
ISSN:2405-8440
2405-8440
DOI:10.1016/j.heliyon.2024.e30624