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IT Investment and Innovation Performance of Industrial Enterprises:Empirical Evidence from Chinese Listed Companies
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作者 SHI Junwei LIU Ying 《Frontiers of Business Research in China》 2022年第1期23-43,共21页
In this paper,a theoretical frame on how the IT investment influences the innovation performance of enterprise is set up,and the data of Chinese industrial listed companies is used to conduct an empirical test.The stu... In this paper,a theoretical frame on how the IT investment influences the innovation performance of enterprise is set up,and the data of Chinese industrial listed companies is used to conduct an empirical test.The study shows that IT investment can improve the innovation performance of enterprises on the whole,but there is heterogeneity among different types of enterprises.Specifically,IT investment of low-innovation strategy-oriented enterprises has a stronger effect on innovation performance than high-innovation strategy-oriented enterprises;IT investment of large enterprises has a more significant effect on innovation performance;and IT investment of state-owned enterprises has a stronger effect on innovation performance than that of non-state-owned enterprises.These conclusions not only provide microscopic evidence for the promotion of innovation performance by IT investment of industrial enterprises,but also have important policy implications for the integration of informatization and industrialization and the construction of a digital China. 展开更多
关键词 IT investment innovation performance innovation strategy integration of informatization and industrialization
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