OPTIMIZING RESOURCE ALLOCATION FOR DIGITAL TRANSFORMATION IN THE SPORTS INDUSTRY: A STOCHASTIC PETRI NETS APPROACH

Authors

  • Kaiyang Li Business School, Shandong University of Technology, Zibo, 255000, China
  • Litao Zhang Business School, Shandong University of Technology, Zibo, 255000, China
  • Chaokai Xue Business School, Shandong University of Technology, Zibo, 255000, China

Keywords:

Optimal Allocation, Digital Transformation, SMES Based, Stochastic Petri Nets

Abstract

This study explores the optimal allocation of resources for digital transformation in the sports industry, utilizing Stochastic Petri Nets to model the complexities involved. The research identifies critical factors that influence the success of digital initiatives in small and medium-sized sports enterprises. These include government support programs, strategic resource deployment in digital technologies, and the development of digital competencies. By examining the variance in resource needs among different enterprise sizes, the study provides tailored recommendations for maximizing digital transformation effectiveness. This approach not only enhances performance but also supports sustainable development within the sports sector.

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Published

2024-01-23