Digital transformation provides companies with a productive approach to transforming and upgrading enterprise resources and capabilities and to exploiting external subject forces to unleash and magnify their potential...Digital transformation provides companies with a productive approach to transforming and upgrading enterprise resources and capabilities and to exploiting external subject forces to unleash and magnify their potential,thus advancing high-quality enterprise development.Therefore,using regression analysis of the data of China’s non-financial listed firms from 2007‒2019 obtained by Python,this paper finds that digital transformation has enormously improved enterprise performance.Furthermore,digital transformation has powerfully boosted supply chain integration,which has played a mediation role in the impact of digital transformation on enterprise performance.Finally,entrepreneurship plays a positive moderating effect on enterprise performance through supply chain integration during digital transformation.The further heterogeneity analysis finds that digital transformation performs better in large,public,state-owned,mature,and non-manufacturing(service industry)enterprises.However,the positive effect of digital transformation on enterprise performance and supply chain integration is not significant in small and medium-sized enterprises.Therefore,supply chain integration cannot play a mediating role in the impact of digital transformation of manufacturing enterprises upon their performance.This paper probes the realization mechanism and micro-foundation of digital transformation,and its conclusion contributes to high-quality digital transformation.展开更多
基金This paper is supported by General Project of National Social Science Funds of China“Research on the Dynamic Coupling of Executive Incentives and Supervision of State-Owned Enterprises under the Big Data Context”(No.18BGL081).
文摘Digital transformation provides companies with a productive approach to transforming and upgrading enterprise resources and capabilities and to exploiting external subject forces to unleash and magnify their potential,thus advancing high-quality enterprise development.Therefore,using regression analysis of the data of China’s non-financial listed firms from 2007‒2019 obtained by Python,this paper finds that digital transformation has enormously improved enterprise performance.Furthermore,digital transformation has powerfully boosted supply chain integration,which has played a mediation role in the impact of digital transformation on enterprise performance.Finally,entrepreneurship plays a positive moderating effect on enterprise performance through supply chain integration during digital transformation.The further heterogeneity analysis finds that digital transformation performs better in large,public,state-owned,mature,and non-manufacturing(service industry)enterprises.However,the positive effect of digital transformation on enterprise performance and supply chain integration is not significant in small and medium-sized enterprises.Therefore,supply chain integration cannot play a mediating role in the impact of digital transformation of manufacturing enterprises upon their performance.This paper probes the realization mechanism and micro-foundation of digital transformation,and its conclusion contributes to high-quality digital transformation.