Digital transformation and industrial chain resilience:Evidence based on"Three Dimensional"panel data of China's manufacturing industry
In recent years,due to the COVID-19 raging around the world,the Sino US economic and trade frictions continue,the global industrial chain has been hit unprecedentedly,and the risk of"chain breaking"of the industrial chain has increased.At the same time,issues such as bottleneck in key technological fields and shortage of local product supply are becoming increasingly prominent,and the stability of domestic industrial and supply chains is also facing unprecedented challenges.A resilient industrial and supply chain is the key to building a new development pattern.Under the background that the report of the 20th National Congress of the Communist Party of China clearly proposed to improve the Supply chain resilience resilience and security level of the industrial chain,improving the industrial chain resilience through digital transformation has gradually become the focus of academic attention.Although existing research has explored the inherent logical relationship between digital transformation and industrial chain resilience,there are still some shortcomings.Firstly,there are various methods for measuring the resilience indicators of industrial and supply chains,and some measurement methods are relatively rough,failing to construct a relatively reliable comprehensive indicator based on the connotation of industrial chain resilience.The second issue is that the exploration of the impact path of digital transformation on the resilience of the industrial chain is not in-depth and focused enough.Some studies only theoretically sort out the path of how digital transformation affects the improvement of industrial chain resilience,and its inherent credibility still needs to be discussed.Based on this,this article uses the entropy weight method to measure the overall level of industrial chain resilience in China's manufacturing industry,and systematically examines the impact of digital transformation on industrial chain resilience,further clarifying the internal mechanism of action,aiming to provide important reference for digital empowerment of high-quality economic development.This article measures the industry chain resilience index of China's manufacturing industry from three dimensions:resilience,adaptability,and updating leading ability.Based on the data of A-share listed companies and segmented industries in Shenzhen and Shanghai from 2007 to 2019,it empirically examines the impact and mechanism of digital transformation on industry chain resilience.The main conclusion is that digital transformation of enterprises can significantly enhance the resilience of the industrial chain in China's manufacturing industry segments,and strengthen the industry's risk resistance ability in a market environment with increasing uncertainty.After considering endogeneity issues and robustness testing,the benchmark results remain robust.Mechanism testing shows that digital transformation mainly reduces the production and operation costs of the industrial chain,forming a synergistic effect in the supply chain network,improving the efficiency of industrial chain factor allocation,and thereby improving the resilience level of the manufacturing industry's segmented industries.Heterogeneity testing found that there are significant differences in the direction and degree of the impact of digital transformation on industry chain resilience among different segmented industries.At the same time,the effect of enhancing the resilience of the industrial chain driven by digital transformation of enterprises is more evident in non growth stage enterprises,intermediate product supplier enterprises,and highly competitive industries.This study not only reveals the effect and mechanism of the degree of digitalization on the resilience of the industrial chain,but also provides an objective basis for policies related to digital transformation,which has important policy implications for economic transformation and upgrading and high-quality development.Based on the research findings of this article,the following policy implications are provided:firstly,adapt to the needs of the times and the laws of technological evolution,and focus on actively exploring the application scenarios of digital technology in traditional manufacturing processes through digital platform construction and internal digital management;secondly,strengthen the linkage effect between upstream and downstream enterprises in the manufacturing supply network,and leverage the collaborative innovation effect of digital transformation on upstream and downstream enterprises in the supply chain;thirdly,implement a gradual digital transformation based on the characteristics of industry differentiation,with the digital leading industries driving traditional manufacturing industries,thereby achieving a good digital ecology in the manufacturing industry;fourthly,formulate appropriate policies to support and strengthen the construction of digital supporting facilities.
digital transformationindustry chain resiliencecost reduction effectcollaborative innovationelement configuration
国家科技期刊平台
NSTL
万方数据
