MANAGEMENT OF DIGITAL TRANSFORMATION ON INNOVATION PERFORMANCE IN CHINESE ENTERPRISES: AN EMPIRICAL ANALYSIS
Abstract
With the rapid rise of the digital economy, digital transformation has become crucial for enterprise development. R&D enterprises face growing innovation pressures and efficiency demands, requiring effective process diagnostics and tailored optimization models. This paper develops a systematic framework for diagnosing R&D processes and proposes an optimization model based on literature analysis and case studies. Using empirical methods, it explores the link between digital transformation and innovation, analyzing data from Chinese A-share listed companies (2018–2023). Findings show digital transformation enhances innovation by optimizing processes and improving efficiency, allowing enterprises to allocate more resources to innovation. This effect is stronger in large enterprises. Despite widespread adoption, patent application analysis suggests room for improvement in innovation performance. This study offers insights into digital transformation’s role in enterprise innovation, guiding firms in enhancing competitiveness.
References
Song, Y., Chen, Z., & Yan, H. (2024). Can digital transformation reduce enterprises' dependence on major clients? Management Review, 36(2), 30-142.
Li, S., Luo, J., & Hu, W. (2022). From value trading to value co-creation: A study on the value transformation process of innovative enterprises. Management World, 38(3), 125-145.
Qiu, Y. (2022). How does digital economy development affect corporate innovation? Journal of Yunnan University of Finance and Economics, 38(8), 61-81.
Luo, J., Wang, X., & Geng, X. (2023). A study on the nonlinear impact of digital transformation on corporate innovation output. Research Management, 44(8), 1-10.
Liu, B., & Liu, A. (2023). Digital transformation, factor allocation, and corporate innovation efficiency. Economic System Reform, 2023(5), 121-128.
Zhang, K., Yu, L., Zhang, H., et al. (2023). Research on the impact mechanism and effects of digital transformation on high-tech industry innovation. Statistical Research, 40(10), 96-108.
Duan, H., Yang, X., & Dong, F. (2023). Digital transformation, financing constraints, and corporate innovation. Statistics and Decision, 39(5), 164-168.
Tan, H., & Chen, Y. (2019). Internal power allocation in groups and corporate innovation: A comparative study based on power division. China Industrial Economy, 2019(12), 134-151.
Wu, F., Hu, H., Lin, H., et al. (2021). Corporate digital transformation and capital market performance: Empirical evidence from stock liquidity. Management World, 37(7), 15.
PDF Downloads: 2
This work is licensed under a Creative Commons Attribution 4.0 International License.
