Differentiated Impact of Different Digitization Route on Enterprise Innovation Ability: An Study Based on 1035 Questionnaires of Industrial Enterprises

Abstract

Abstract: Digital transformation can help to enhance the innovation capability of enterprises. However, only a few researches focus on the differences in the improvement of enterprise innovation ability by management digitization and production digitization. Based on 1035 questionnaires of industrial enterprises, this paper conducts an empirical test. The findings show that digitization of management and digitization of production are important factors affecting the improvement of enterprise innovation ability, of which the digitization of management is conducive to the overall improvement of enterprise innovation ability (the overall effect), while the digitization of production is only positively correlated with innovation output, and has no significant correlation with R&D input and innovation input-output ratio (the local effect). Secondly, the two types of digital transformation paths have a heterogeneous effect on the enterprises with different sizes, types and industrial chain locations. Due to the nonlinear relationship existing between enterprise size and innovation ability, the digitalization of small, medium and micro enterprises is significantly and positively correlated with the improvement of innovation ability, while there is no correlation between the two in larger enterprise samples. Compared with high-tech enterprises, digital transformation has a stronger positive impact on the innovation capability of non-high-tech enterprises. The management digitization can significantly improve the innovation ability of enterprises in different industrial chain positions, but this kind of role of the production digitization is biased. According to the above research conclusion, in the context of digital economy, the government should strengthen its support for the two types of digital transformation paths, and introduce precise and differentiated policies to support the digital transformation of the micro, small and medium-sized enterprises and the non-high-tech enterprises, so as to improve the innovation ability of such enterprises.

Key words: production digitization, management digitization, innovation ability, R&D input, innovation output

CLC Number:

F273.1

ZHAO Bo, GUO Zi-yu, HUANG Xin-zao, LUO Xiao-juan. Differentiated Impact of Different Digitization Route on Enterprise Innovation Ability: An Study Based on 1035 Questionnaires of Industrial Enterprises[J]. Contemporary Finance & Economics, 2023, 0(6): 94-105.

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