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What is Emerging Industry

Handbook of Research on Smart Management for Digital Transformation
A new economic sector or industry that emerges with the birth and application of new scientific research results and emerging technologies.
Published in Chapter:
Smart Management for Digital Transformation in China
Poshan Yu (Soochow University, China & Krirk University, Thailand), Muchen Yu (Independent Researcher, China), and Michael Sampat (Independent Researcher, Canada)
DOI: 10.4018/978-1-7998-9008-9.ch019
Abstract
Under the situation of an epidemic, the new industry based on digital technology and the rise of new platforms has injected new vitality into many economic subjects and enterprises, also bringing a series of new challenges such as digital asset security, digital financial risk, and platform monopoly. China is no exception. As one of the world's major economic entities, China has begun to emphasize the importance of digital economy for real economy or enterprise transformation; through government support and related policies, enterprises' own transformation planning has brought new opportunities for digital economic development. This chapter will focus on China's digital transformation of intelligence. Through data integration and data collection, the author conducts academic research on the characteristics of transformation, policy regulation, case studies, and existing shortcomings and challenges of smart management in China's digital transformation.
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