Digital Transformation,Innovative Knowledge,and Integrated Innovation of Manufacturing Enterprises
Drawing on a theoretical model of multi-entity profit maximization with elements of digitalization and integrated innovation,this paper analyzes theoretically the influential impacts of digitalization transformation on corporate integrated in-novation.Micro data of Chinese A-share listed manufacturing enterprises are then used to document the empirical effects.It is found that corporate digitalization transformation,especially in terms of management digitalization,significantly pro-motes integrated innovation.Mechanism analysis indicates that digitalization transformation enhances corporate integrated in-novation through increases in innovative knowledge flow and diversity,whereas no mediating effects are observed in the mechanism of innovative knowledge absorption.Further studies of the moderating effects find that the promotion effect of dig-italization transformation on corporate integrated innovation is stronger in an environment with better intellectual property and higher market vitality but is weakened when the government-enterprise relationship is too close.