Analysis on Digital Transformation to Enhance the Com-petitiveness of Physical Enterprises
The real economy has always been highly valued by the Chinese government.Based on the panel data of China's A-share listed companies from 2007 to 2021,this paper explores the impact of digital evolution on the competitiveness of real enterprises and its internal mechanism through empirical methods,and consid-ers its heterogeneity characteristics.The research results show that digital evolution is helpful to enhance the competitiveness of real enterprises;Through improving innovation capabilities internally and reducing informa-tion asymmetry and alleviating financing constraints externally,digital evolution significantly promotes the com-petitiveness of real enterprises;Digital evolution has a stronger incentive effect on the competitiveness of state-owned enterprises,high-tech industry enterprises,enterprises in regions with higher marketization lev-els,and enterprises in central and western regions.Therefore,in the future,we should further promote the digi-tal evolution of enterprises and enhance their competitiveness level.
Digital TransformationEnterprise CompetitivenessInnovation CapabilityInformation Asymme-tryFinancing Constraints
NETL
NSTL
万方数据
维普
