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Can Digital Transformation Foster Business Innovation: Moderating Effect based on Internationalization Openness

Yiqiong Huang
pp.183-193 DOI: 10.62051/txb5zv48 June 5, 2024
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Abstract: Under the background of double innovation, China has vigorously promoted enterprise digital transformation. This paper takes A-share listed companies from 2012 to 2022 as a sample to empirically examine the relationship between enterprise digital transformation and enterprise innovation, and the research results show that: enterprise digital transformation can significantly and positively affect enterprise innovation; at the same time, the degree of enterprise internationalization and openness plays a positive moderating role between digital transformation and enterprise innovation; Compared with state-owned enterprises and enterprises whose executives have no overseas background, the digital transformation of non-state-owned enterprises and enterprises whose executives have overseas background has a more significant effect on enterprise innovation; this paper extends the existing research by including digital transformation and enterprise innovation in the same analytical framework, and puts forward corresponding suggestions.
Keywords: Digital Transformation; Corporate Innovation; Openness to Internationalization; Executive Backgrounds.
APA Citation: Yiqiong Huang (2024). Can Digital Transformation Foster Business Innovation: Moderating Effect based on Internationalization Openness. Transactions on Economics, Business and Management Research, 7(1), 183-193. https://doi.org/10.62051/txb5zv48

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