Digital transformation, gender, and entrepreneurial resilience: A study of women-led SMEs
Main Article Content
Abstract
Women-led SMEs play a crucial role in promoting inclusive economic growth; however, they often operate within broader social and gendered structures that shape access to resources, opportunities, and digital participation. These conditions frequently limit their competitive advantage, particularly in terms of digital adoption and access to resources. This study aims to examine the mediating role of digitalization in the relationship between entrepreneurial resilience and competitive advantage in women-led SMEs. Using a quantitative, explanatory research design, data were collected from 150 women-led SMEs in North Sumatra, Indonesia. The analysis was conducted using Structural Equation Modeling based on Partial Least Squares (SEM-PLS). The results indicate that entrepreneurial resilience has a significant positive effect on digitalization and competitive advantage. Digitalization also has a strong and significant effect on competitive advantage. Furthermore, digitalization has been shown to mediate the relationship between entrepreneurial resilience and competitive advantage. These findings suggest that resilience alone is not sufficient to generate a competitive advantage unless it is transformed through digital capabilities. This study contributes to the literature by integrating perspectives on entrepreneurial resilience and digital transformation within a competitive advantage framework, particularly in the context of women-led SMEs. Practically, the findings highlight the importance of strengthening digital adoption to enhance the competitiveness of women entrepreneurs. Beyond firm-level outcomes, this study also underscores the role of digitalization in supporting broader processes of inclusion and socio-economic empowerment among women entrepreneurs.
Downloads
Article Details

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This open-access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license.
You are free to: Share — copy and redistribute the material in any medium or format. Adapt — remix, transform, and build upon the material for any purpose, even commercially. The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
No additional restrictions You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
How to Cite
Share
References
Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17(1), 99–120. https://doi.org/10.1177/014920639101700108
Brush, C. (2019). Growth-oriented women entrepreneurs: Strategies for raising money. In Go-to-Market Strategies for Women Entrepreneurs: Creating and Exploring Success (pp. 271–281). Emerald Group Publishing Ltd. https://doi.org/10.1108/978-1-78973-289-420191031
de las Mercedes Barrachina Fernández, M., del Carmen García Centeno, M., & Patier, C. C. (2021). Analysis of the European Women Entrepreneurship in STEM Fields. In Contributions to Management Science (pp. 47–60). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-3-030-83792-1_3
Desai, A. D., Sensarma, R., & Thomas, A. (2024). Roles of financial literacy and entrepreneurial orientation in economic empowerment of rural women entrepreneurs. Oxford Development Studies, 52(3), 243–260. https://doi.org/10.1080/13600818.2024.2403066
Gashi Nulleshi, S. (2024). How do women entrepreneurs influence the strategic orientation of family businesses? A typology of Swedish decision-making in the Småland community. Journal of Enterprising Communities, 18(2), 117–144. https://doi.org/10.1108/JEC-06-2022-0091
Gehmacher, E. (2009). Social capital - Chances and limits of the methodology. SWS - Rundschau, 49(1), 103–109. https://www.scopus.com/inward/record.uri?eid=2-s2.0-63349093997&partnerID=40&md5=2081eb7134d8f89968300773d6850ba7
Hair, J. F., Hult, G. T. M., Ringle, C. M., & Sarstedt, M. (2021). Partial Least Squares Structural Equation Modeling (PLS-SEM) Using R: A Workbook. Springer.
Hair, J. F., Risher, J. J., Sarstedt, M., & Ringle, C. M. (2019). When to use and how to report the results of PLS-SEM. In European Business Review (Vol. 31, Issue 1, pp. 2–24). Emerald Group Publishing Ltd. https://doi.org/10.1108/EBR-11-2018-0203
Henseler, J., Ringle, C. M., & Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. https://doi.org/10.1007/s11747-014-0403-8
Henseler, J., Ringle, C. M., & Sinkovics, R. R. (2009). The use of partial least squares path modeling in international marketing. Advances in International Marketing, 20, 277–319. https://doi.org/10.1108/S1474-7979(2009)0000020014
Hewa-Wellalage S.; Hunjra A. I.; Verhoeven P., N. B. (2022). The gender gap in access to finance: Evidence from the COVID-19 pandemic. Finance Research Letters, 46. https://doi.org/10.1016/j.frl.2021.102329
Irene, B. N., Murithi, W. K., Frank, R., & Mandawa-Bray, B. (2021). From empowerment to emancipation: Women’s entrepreneurship cooking up a stir in South Africa. In Women’s Entrepreneurship and Culture: Socio-cultural Context, Traditional Family Roles and Self-determination (pp. 109–139). Edward Elgar Publishing Ltd. https://www.scopus.com/inward/record.uri?eid=2-s2.0-85130194791&partnerID=40&md5=ca6d2f146457949ef00d3055de2fc187
Karatas-Ozkan, M., Tunalioglu, R., Ibrahim, S., Ozeren, E., Grinevich, V., & Kimaro, J. (2024). Actioning sustainability through tourism entrepreneurship: Women entrepreneurs as change agents navigating through the field of stakeholders. Central European Management Journal, 32(1), 31–56. https://doi.org/10.1108/CEMJ-12-2021-0159
Kumari, Q., Ghosh, S., & Rath, S. R. (2025). Empowering Rural Women Entrepreneurs: Insights from Bihar. Indian Journal of Extension Education, 61(2), 25–29. https://doi.org/10.48165/IJEE.2025.6105
Mariani, M. M., Machado, I., & Nambisan, S. (2023). Types of innovation and artificial intelligence: a systematic quantitative literature review and research agenda. Journal of Business Research, 155. https://doi.org/10.1016/j.jbusres.2022.113364
Minniti, M., & Naudé, W. (2010). What do we know about the patterns and determinants of female entrepreneurship across Countries? European Journal of Development Research, 22(3), 277–293. https://doi.org/10.1057/ejdr.2010.17
Nambisan, S. (2017). Digital entrepreneurship: toward a digital technology perspective of entrepreneurship. Entrepreneurship Theory and Practice, 41(6), 1029–1055. https://doi.org/10.1111/etap.12254
Ogunjemilusi, K. D., Johnston, K., & Boyd, B. (2021). An exploration and critique of the entrepreneurial financial ecosystem facing female entrepreneurs in Northern Ireland. In E. T. Pereira, C. Costa, & Z. Breda (Eds.), Proceedings of the International Conference on Gender Research (pp. 365–369). Academic Conferences and Publishing International Limited. https://doi.org/10.34190/IGR.21.092
Paredes-Aguirre, M., Hernández-Pozas, O., Ayala, Y., & Campoverde Aguirre, R. (2025). The stress-busting power of Digital Self-Efficacy: Does training format matter for workers? Current Research in Behavioral Sciences, 8. https://doi.org/10.1016/j.crbeha.2024.100161
Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. Free Press.
Teece, D. J. (2017). Dynamic capabilities and (digital) platform lifecycles. In Advances in Strategic Management (Vol. 37, pp. 211–225). https://doi.org/10.1108/S0742-332220170000037008
Teece, D. J., Pisano, G., & Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal, 18(7), 509–533. https://doi.org/10.1002/(SICI)1097-0266(199708)18:7<509::AID-SMJ882>3.0.CO;2-Z
Venkata Ganesan, K. A., & Kalaivani, N. (2014). Impact of microfinance on the empowerment of living standards and poverty alleviation of rural women entrepreneurs in Tirunelveli District, Tamil Nadu. International Journal of Applied Business and Economic Research, 12(2), 441–449. https://www.scopus.com/inward/record.uri?eid=2-s2.0-84947944440&partnerID=40&md5=e76d249ab16a76d59477afef9ce388d2
Vial, G. (2019). Understanding digital transformation: A review and a research agenda. Journal of Strategic Information Systems, 28(2), 118–144. https://doi.org/10.1016/j.jsis.2019.01.003
Warner, K. S. R., & Wäger, M. (2019a). Building dynamic capabilities for digital transformation: An ongoing process of strategic renewal. Long Range Planning, 52(3), 326–349. https://doi.org/10.1016/j.lrp.2018.12.001
Warner, K. S. R., & Wäger, M. (2019b). Building dynamic capabilities for digital transformation: An ongoing process of strategic renewal. Long Range Planning, 52(3), 326–349. https://doi.org/10.1016/j.lrp.2018.12.001
Woldesenbet Beta, K., Mwila, N. K., & Ogunmokun, O. (2024). A review of and future research agenda on women entrepreneurship in Africa. International Journal of Entrepreneurial Behaviour and Research, 30(4), 1041–1092. https://doi.org/10.1108/IJEBR-10-2022-0890