Impacts of digital transformation on enterprise innovation resilience: A study from China

South African Journal of Business Management

 
 
Field Value
 
Title Impacts of digital transformation on enterprise innovation resilience: A study from China
 
Creator Peng, Youyuan Jia, Lanxin
 
Subject Management; Business digital transformation; innovation; enterprise innovation; innovation resilience; enterprise lifecycle; China
Description Purpose: This study aims to investigate the impacts of digital transformation on enterprise innovation resilience, with a focus on understanding how digital transformation influences innovation resilience across different stages during the life cycle of an enterprise.Design/methodology/approach: Data were collected from Chinese A-share listed companies from 2012 to 2022. Industries with unique financial reporting characteristics, special treatment (ST) samples, and samples with missing data are excluded to obtain a final dataset of 18 304 observations. A regression model is employed to examine the dual effect of digital transformation on enterprise innovation resilience.Findings/results: The findings reveal a significant inverted U-shaped relationship between digital transformation and enterprise innovation resilience. For companies at different lifecycle stages, digital transformation significantly enhances innovation resilience during the growth phase. However, for mature and declining companies, digital transformation still exhibits an inverted U-shaped relationship with innovation resilience, albeit with a relatively lower empowerment effect during the decline phase.Practical implications: Enterprises are advised to leverage the positive effects of digital transformation on innovation resilience while avoiding the pitfalls of excessive digitisation. Flexibility in adapting digital transformation strategies according to the enterprise lifecycle stage is recommended. Furthermore, enterprises should prioritise the coordinated development of various factors contributing to innovation resilience.Originality/value: This study extends the examination of innovation resilience from macro-industry to micro-enterprise levels and provides insights into the dynamics of digital transformation effects on innovation resilience across different lifecycle stages. Additionally, it highlights the importance of considering multiple pathways through which digital transformation influences innovation resilience.
 
Publisher AOSIS
 
Contributor North University of China
Date 2024-07-30
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format text/html application/epub+zip text/xml application/pdf
Identifier 10.4102/sajbm.v55i1.4527
 
Source South African Journal of Business Management; Vol 55, No 1 (2024); 11 pages 2078-5976 2078-5585
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://sajbm.org/index.php/sajbm/article/view/4527/3053 https://sajbm.org/index.php/sajbm/article/view/4527/3054 https://sajbm.org/index.php/sajbm/article/view/4527/3055 https://sajbm.org/index.php/sajbm/article/view/4527/3056
 
Coverage China 2012-2022 Stock; Enterprise; Innovation
Rights Copyright (c) 2024 Youyuan Peng, Lanxin Jia https://creativecommons.org/licenses/by/4.0
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