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https://doi.org/10.1080/1331677X.2021.1980731

Enterprise digital transformation and production efficiency: mechanism analysis and empirical research

Tao Zhang
Zhan-Zhong Shi
Yi-Rong Shi
Neng-Jun Chen


Puni tekst: engleski pdf 1.271 Kb

str. 2781-2792

preuzimanja: 2.471

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Sažetak

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.

Ključne riječi

Enterprise digitisation; mechanism analysis; production efficiency

Hrčak ID:

302483

URI

https://hrcak.srce.hr/302483

Datum izdavanja:

31.3.2023.

Posjeta: 2.561 *