Conflicting results from previous research relating information technology （IT） investments and firm performance suggest that there is no direct relationship between IT investments and firm performance. The resource...Conflicting results from previous research relating information technology （IT） investments and firm performance suggest that there is no direct relationship between IT investments and firm performance. The resource-based view （RBV） of the firm is introduced as a research tool to examine how IT resources and capabilities affect firm performance. A theoretical rationale model is then used to investigate the relationship between IT investment and firm performance. The IT capability is assumed to be an important moderator variable rather than a mediator variable linking IT investments to firm performance, while the time period, the firm size, and the industry type, all recognized as factors influencing performance, are treated as control variables. The model and hypotheses are verified by sample data from leading IT firms in China. The data confirms the moderating effect of the IT capability.展开更多
Digital transformation serves as a new driving force and engine for enterprise innovation.Meanwhile,the national strategy of carbon peaking and carbon neutrality has set new goals and requirements for the green develo...Digital transformation serves as a new driving force and engine for enterprise innovation.Meanwhile,the national strategy of carbon peaking and carbon neutrality has set new goals and requirements for the green development of the Chinese manufacturing industry.From the three-dimensional perspective of"strategy-resource-institution,"this paper explores the impact and mechanism of digital transformation on green technology innovation of Chinese manufacturing enterprises and the heterogeneous impact of the institutional logic of ownership structure.Using a sample of 1,016 A-share listed manufacturing companies on the Shanghai and Shenzhen Stock Exchanges from 2011 to 2019 and based on big data text mining and a negative binomial regression model,this study finds that:(1)Digital strategy significantly enhances green technology innovation capability of enterprises;(2)digital resource investment partially mediates the effect of digital strategy on the enhancement of green technology innovation capability;and(3)the ownership structure of enterprises plays a moderating role in the mediating relationship mentioned above.Specifically,compared to state-owned enterprises(SOEs),non-state-owned enterprises(NsOEs)show no significant difference in the stages where digital strategy promotes green technology innovation and guides digital resource investment.However,they demonstrate higher efficiency in transforming digital resource investment into green technology innovation.The robustness test indicates that the significant effect of digital strategy and resource investment on green technology innovation in enterprises remains valid in the medium term,with a continuous enabling effect.There is no significant difference between SOEs and NsOEs in the medium and long term in promoting green technology innovation through digital transformation.Further,introducing keyword text networks to explore the structural impact of digital strategy,this study finds that digital product and manufacturing strategy are adequate strategic dimensions to enhance green technology innovation capability,and digital financial strategy and digital marketing strategy have no direct promoting effect on green technology innovation of enterprises.From the perspectives of strategies,resources,and institutions,the research findings elucidate the process mechanisms of digital acceleration in the green transformation of manufacturing and the heterogeneous effect of ownership structure and provide critical theoretical insights into the role mechanisms and contextual factors of digitalization on green innovation in manufacturing enterprises.Moreover,this study offers scientific decision-making support for incentivizing the manufacturing industry to seize the opportunities of industrial digitalization and accelerate carbon peaking and carbon neutrality.展开更多
文摘Conflicting results from previous research relating information technology （IT） investments and firm performance suggest that there is no direct relationship between IT investments and firm performance. The resource-based view （RBV） of the firm is introduced as a research tool to examine how IT resources and capabilities affect firm performance. A theoretical rationale model is then used to investigate the relationship between IT investment and firm performance. The IT capability is assumed to be an important moderator variable rather than a mediator variable linking IT investments to firm performance, while the time period, the firm size, and the industry type, all recognized as factors influencing performance, are treated as control variables. The model and hypotheses are verified by sample data from leading IT firms in China. The data confirms the moderating effect of the IT capability.
基金supported by the Youth Project of the National Natural Science Foundation of China"A Study on the Mechanism of Promoting Academic Entrepreneurship and Achievement Transformation in Chinese Universities from a Multi-Level System Perspective"(No.72104027)the Major Project of the Party Building Center of the Ministry of Industry and Information Technology "A Study on the Theoretical Paradigm of China's Digital Economy Development under the Guidance of Xi Jinping Thought on Economy"(No.GXZY2210).
文摘Digital transformation serves as a new driving force and engine for enterprise innovation.Meanwhile,the national strategy of carbon peaking and carbon neutrality has set new goals and requirements for the green development of the Chinese manufacturing industry.From the three-dimensional perspective of"strategy-resource-institution,"this paper explores the impact and mechanism of digital transformation on green technology innovation of Chinese manufacturing enterprises and the heterogeneous impact of the institutional logic of ownership structure.Using a sample of 1,016 A-share listed manufacturing companies on the Shanghai and Shenzhen Stock Exchanges from 2011 to 2019 and based on big data text mining and a negative binomial regression model,this study finds that:(1)Digital strategy significantly enhances green technology innovation capability of enterprises;(2)digital resource investment partially mediates the effect of digital strategy on the enhancement of green technology innovation capability;and(3)the ownership structure of enterprises plays a moderating role in the mediating relationship mentioned above.Specifically,compared to state-owned enterprises(SOEs),non-state-owned enterprises(NsOEs)show no significant difference in the stages where digital strategy promotes green technology innovation and guides digital resource investment.However,they demonstrate higher efficiency in transforming digital resource investment into green technology innovation.The robustness test indicates that the significant effect of digital strategy and resource investment on green technology innovation in enterprises remains valid in the medium term,with a continuous enabling effect.There is no significant difference between SOEs and NsOEs in the medium and long term in promoting green technology innovation through digital transformation.Further,introducing keyword text networks to explore the structural impact of digital strategy,this study finds that digital product and manufacturing strategy are adequate strategic dimensions to enhance green technology innovation capability,and digital financial strategy and digital marketing strategy have no direct promoting effect on green technology innovation of enterprises.From the perspectives of strategies,resources,and institutions,the research findings elucidate the process mechanisms of digital acceleration in the green transformation of manufacturing and the heterogeneous effect of ownership structure and provide critical theoretical insights into the role mechanisms and contextual factors of digitalization on green innovation in manufacturing enterprises.Moreover,this study offers scientific decision-making support for incentivizing the manufacturing industry to seize the opportunities of industrial digitalization and accelerate carbon peaking and carbon neutrality.
