Title: Analysis on the influence of innovation factors on the digital transformation of Chinese manufacturing enterprises: empirical evidence from A-share listed companies in manufacturing industry
Authors: Jianhua Dai; Shuanglei Xu
Addresses: Business School, China University of Political Science and Law, No. 25, Xitucheng Road, Haidian District, Beijing 100088, China ' School of International Trade and Economics, University of International Business and Economics, No. 10 Huixin East Street, Chaoyang District, Beijing 100029, China; Business School, China University of Political Science and Law, No. 25, Xitucheng Road, Haidian District, Beijing 100088, China
Abstract: In the era of digital economy, the digital transformation of enterprises has become a new power to improve the competitive advantage of enterprises and a new engine for the high-quality development of China's economy. From the perspective of innovation factors, this paper empirically tests the impact of innovation factors on digital transformation of Chinese manufacturing enterprises based on the micro data of A-share listed companies in China's manufacturing industry. The results show that the number of R&D personnel, R&D investment and executive education has a positive impact on enterprises' digital transformation, and this impact is heterogeneous in different industries and regions. Therefore, enterprises and the state need to increase investment in human capital and research and development, clarify regional competitive advantages, and optimise regional industrial layout.
Keywords: innovation; manufacture; enterprise; digital transformation; influence.
International Journal of Technology Management, 2025 Vol.97 No.2/3, pp.144 - 161
Received: 12 Sep 2022
Accepted: 09 May 2023
Published online: 02 Jan 2025 *