Digitization;
Business Risks;
Financing Constraints;
Technological Innovation;
Mediation;
Moderation;
Principal Component Analysis;
Text Analysis;
DYNAMIC CAPABILITIES;
FIRM INVESTMENT;
PERFORMANCE;
INNOVATION;
D O I:
10.4018/JOEUC.307156
中图分类号:
TP [自动化技术、计算机技术];
学科分类号:
0812 ;
摘要:
With the aim of exploring how digital transformation impacts enterprise development in China, this study takes Chinese A-share listed enterprises from 2007 to 2020 as the research sample and constructs a digital transformation index and an enterprise development index. The impact of digital transformation on enterprise development and its mechanisms are investigated. The empirical results show the following findings. First, digital transformation can significantly promote enterprise development. Second, the effect of digital transformation on enterprise development is stronger in enterprises located in inland regions compared to in coastal regions and is more powerful in enterprises with high levels of development than in those lagging in development. Third, digital transformation can benefit enterprise development by alleviating financing constraints, effectively reducing business risks and driving technological innovation. Fourth, China's economic policy uncertainty is an important external factor weakening the role of digital transformation in driving enterprise development.
机构:
Guangdong Univ Finance, Sch Int Educ, Guangzhou, Peoples R China
Univ Int Business & Econ, Shenzhen Res Inst, Shenzhen, Peoples R ChinaGuangdong Univ Finance, Sch Int Educ, Guangzhou, Peoples R China
Peng, Nianjiao
Wen, Manhong
论文数: 0引用数: 0
h-index: 0
机构:
Guangzhou Coll Commerce, Sch Digital Econ Ind, Guangzhou, Peoples R ChinaGuangdong Univ Finance, Sch Int Educ, Guangzhou, Peoples R China
Wen, Manhong
Tian, Xiujuan
论文数: 0引用数: 0
h-index: 0
机构:
Univ Int Business & Econ, Sch Banking & Finance, Beijing, Peoples R ChinaGuangdong Univ Finance, Sch Int Educ, Guangzhou, Peoples R China
Tian, Xiujuan
Wu, Xiaxue
论文数: 0引用数: 0
h-index: 0
机构:
Alibaba Int Digital Commerce Grp, Hangzhou, Peoples R ChinaGuangdong Univ Finance, Sch Int Educ, Guangzhou, Peoples R China
机构:
Chongqing Univ, Sch Econ & Business Adm, Chongqing 400030, Peoples R ChinaChongqing Univ, Sch Econ & Business Adm, Chongqing 400030, Peoples R China
Liu, Xin
Xu, Hui
论文数: 0引用数: 0
h-index: 0
机构:
Chongqing Univ, Sch Econ & Business Adm, Chongqing 400030, Peoples R ChinaChongqing Univ, Sch Econ & Business Adm, Chongqing 400030, Peoples R China
机构:
School of Applied Economics, University of Chinese Academy of Social Sciences, Beijing, ChinaSchool of Applied Economics, University of Chinese Academy of Social Sciences, Beijing, China