企业数字化转型与供应链韧性

Enterprise Digital Transformation and Supply Chain Resilience

数字化转型正逐渐成为驱动供应链转型升级的新引擎,如何利用数字化转型提高供应链韧性是当前亟需研究的现实问题,但尚未有文献对此提供直接的经验证据。文章在构建供应链韧性指标基础上,基于2007—2022年A股上市企业面板数据,检验了企业数字化转型对供应链韧性的影响及其传导机制。研究结果表明,企业数字化转型可以显著促进供应链韧性提升。解构供应链韧性后发现,企业数字化转型可以提高供应链抵抗力和供应链恢复力,且对供应链恢复力的影响更显著。从传导机制看,企业数字化转型通过推动供应链多元化配置和优化供需匹配两个渠道促进供应链韧性提升。异质性分析表明,对于环境不确定性高、内部控制水平低企业,以及位于产业链下游和市场化水平低地区,企业数字化转型对供应链韧性的助推作用更加显著。进一步研究发现,数字化转型促进供应链韧性提升并未造成企业经济绩效损失,而是持续推动企业经济表现;“链主”企业和供应链政策在数字化转型提高供应链韧性过程中发挥一定的正向激励作用。文章不仅为系统理解企业数字化转型与供应链韧性的关系提供了新的分析视角,也为打造数字供应链和畅通国民经济循环提供了政策启示。

Under the influence of multiple negative environmental factors,the vulnerability of the supply chain is becoming more and more prominent,and enhancing the resilience and security of the supply chain has become the focus of China's current attention.With the wave of digital economy,digital transformation is gradually becoming a new engine to drive the transformation and upgrading of supply chain.How to leverage digital transformation to improve supply chain resilience is a current reality that requires urgent research,but no literature has yet provided direct empirical evidence on this.Based on the construction of supply chain resilience indicators,this paper examines the impact of enterprise digital transformation on supply chain resilience and its transmission mechanism.The sample used in this paper is panel data of A-share listed firms from 2007 to 2022.Research findings indicate that enterprise digital transformation can significantly contribute to supply chain resilience improvement.In terms of the transmission mechanism,enterprise digital transformation promotes supply chain resilience enhancement through two channels:promoting supply chain diversified allocation and optimizing supply and demand matching.Heterogeneity analysis shows that for enterprises with high environmental uncertainty and low level of internal control,as well as those located in the downstream of the industrial chain and in regions with low level of marketization,the boosting effect of enterprise digital transformation on supply chain resilience is more significant.Further research finds that digital transformation for supply chain resilience does not result in the loss of economic performance,but continues to promote the economic performance of enterprises;"Chain Leader"enterprises and supply chain policies play a certain positive incentive role in the process of digital transformation for supply chain resilience.The contributions of this paper lie in three main aspects.First,this paper enriches the economic consequences of enterprise digital transformation.While research on the impact of enterprise digital transformation on supply chain development patterns has been presented in recent years,no literature has yet directly examined the impact of digital transformation on supply chain resilience.This paper goes further to provide direct empirical evidence on the relationship between the two.Second,this paper is based on the research framework of benchmarking,mechanism testing and heterogeneity analysis.It reveals the"theoretical black box"between enterprise digital transformation and supply chain resilience,and examines the impact of digital transformation on supply chain resilience in different contexts.Third,the findings of this paper have strong theoretical significance and practical inspiration.This paper explores the incentive role of"Chain Leader"enterprises and supply chain policies on the impact of digital transformation on supply chain resilience.This extended research echoes the government's proactive initiatives to cultivate"Chain Leader"enterprises and build supply chain systems.