Enterprise digital transformation and production efficiency
Mechanism analysis and empirical research
Bibliographic Data
| ID | 15068185 |
|---|---|
| Authors | Tao Zhang (0000-0002-4890-1671, Shanghai Jiao Tong University, corresponding author), Zhan-Zhong Shi (Shanghai Jiao Tong University), Zhanzhong Shi (Shanghai Jiao Tong University), Yi-Rong Shi (Applied Economics, Queen’s University, Kingston, Canada), Neng-Jun Chen (Shanghai Jiao Tong University) |
| Year | 2022 |
| Volume | 35 |
| Issue | 1 |
| Pages | 2781-2792 |
| Publication date | 2022-12-31 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2021.1980731 |
| OpenAlex | W3202758585 |
| Language | EN |
| Citations received | 23 |
| References cited | 35 |
In the post-industrial period, traditional Chinese enterprises are facing the awkward situation of being ‘big but not strong’, with their core technologies being controlled by others. The digital transformation of enterprises has not only reshaped business models and industrial boundaries, but also boosted the high-quality development of China’s economy. This paper reviews the existing literature and discovers that digital technology promotes enterprise production efficiency through cost reduction, efficiency improvement, and innovation. Based on the data of listed manufacturing companies in the Shanghai and Shenzhen stock exchanges from 2009 to 2017, this paper constructs a differences in differences (DID) model to empirically study the relationship between digital transformation and production efficiency. The results revealed that the implementation of digital transformation plays a significant role in promoting economic benefits and the results of the lag regression method are still robust. Based on this, combined with the actual situation of Chinese enterprises, this paper proposes countermeasures and suggestions to promote the development of enterprise digital transformation. The conclusion is of great significance for Chinese enterprises to occupy a dominant position in the new wave of global industrial revolution
Business · Digital transformation · Economics · Epistemology · Industrial organization · Microeconomics · Process management · World Wide Web · Chemistry · Computer Science · Digital Transformation in Industry · Economic and Technological Innovation · Economic Development and Digital Transformation
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Digital Economics
| Unique citing works | 23 |
|---|---|
| Citations per year | 5,75 |
| Citation span | 2022 - 2026 (5) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 16 |