Affiliation:
1. Tokat Gaziosmanpasa University, Turkey
Abstract
Digitalization has been an important topic for all facets of economic and social activities. Prior studies have investigated the complex relationship between digital transformation and innovation. This chapter provides a systematic literature review on key issues related to digital transformation and innovation. Based on this review, this chapter suggests that it is necessary to incorporate insights from different theories in order to better understand the influence of digitalization on innovation. This chapter suggests that the institutional conditions of emerging economies should be taken into account when understanding the link between digitalization and innovation. Based on previous studies on digitalization and innovation, this chapter proposes a conceptual model that integrates the influence of developed regulatory institutions and hardships of political and legal institutions. Finally, this chapter suggests testable future research questions.