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 Online publication date: Thu, 02-Jan-2025
by Jianhua Dai; Shuanglei Xu
International Journal of Technology Management (IJTM), Vol. 97, No. 2/3, 2025
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.
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