TableĀ 2

Identified theme on governance components

ComponentsThemeRefined definition
OrientationBusiness StrategyAdoption of digital tools to achieve business goals such as increasing revenue and operational efficiency
Technology TrendAwareness and adoption of emerging technologies to stay relevant and competitive
StructuralOwner as Central Decision-MakerThe owner acts as the key decision-maker in adopting and implementing digital solutions
External SuggestionInfluence from external parties (e.g. family, friends, agents) encouraging digital adoption
ProceduralInitiationInitial interest in digital tools triggered by customer demand or external input
EvaluationConsideration of benefits and risks before adopting a digital application
ImplementationPractical steps taken to adopt digital tools, including self-learning or external help
Post-Implementation EvaluationReflection on digital use effectiveness after implementation
RelationalCustomerCustomer demand as a key motivator for digital adoption
FamilyFamily support in introducing and assisting with digital technology
AssociateAdvice and information about digital solutions from nanostore colleagues
DistributorGuidance from suppliers or agents with prior digital experience
Technology ProviderSupport and resources provided by banks or platform vendors for digital adoption

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