Asset Details
Do you wish to reserve the book?
Unraveling how digital transformation affects innovation capability in China’s smart manufacturing enterprises
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Unraveling how digital transformation affects innovation capability in China’s smart manufacturing enterprises
Do you wish to request the book?
Unraveling how digital transformation affects innovation capability in China’s smart manufacturing enterprises
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Unraveling how digital transformation affects innovation capability in China’s smart manufacturing enterprises
2025
Overview
In the digital economy, digital transformation has become a crucial driver of innovative capability in smart manufacturing businesses. This study examines the influence of digital transformation on innovation capabilities and its underlying processes within publicly traded smart manufacturing companies in China. Utilizing data from Chinese listed companies spanning 1999–2023, we construct a digital transformation index via text mining. Employing fixed-effects regression models to control for industry, year, and regional heterogeneity, and supplemented by multiple robustness strategies—including substituting the dependent variable with citation count for patent applications, lagged regression, omitted variable control, and placebo tests—we analyze the data. The findings demonstrate that digital transformation significantly enhances the innovative capacity of smart manufacturing enterprises, a result robust to rigorous testing. Additionally, mediation effect analyses indicate that digital transformation indirectly fosters innovation by alleviating financing constraints. Furthermore, heterogeneity analysis reveals that this innovation effect is more pronounced in Eastern regions, non-state-owned enterprises, and technology-intensive sectors, underscoring the moderating role of regional resources, ownership structure, and technological infrastructure. This study provides micro-level empirical evidence on the role of digital transformation in advancing manufacturing innovation and offers strategic insights for policymakers regarding digital infrastructure deployment and tailored guidance for enterprise transformation.
Publisher
Nature Publishing Group UK,Nature Publishing Group,Nature Portfolio
Subject
