Does Digital Transformation"Empower"or"Power-Remover"for High Quali-ty Development of Enterprises
In the era of in-depth development of the digital economy,achieving digital transformation is the on-ly way for high quality development of manufacturing enterprises.Based on sorting out and collecting policy texts on the digital transformation of listed companies at the provincial level in China from 2011 to 2020,an em-pirical investigation was conducted on the relationship between digital transformation and high quality develop-ment of enterprises.Research found that digital transformation has exerted an"Empower"effect and promoted high quality development of enterprises.Mechanism analysis found that digital transformation has exerted an agglomeration effect on enterprise technical personnel,improved enterprise innovation capabilities and re-duced operating costs,thereby helping enterprises to develop high quality.The heterogeneity test found that compared with small-scale enterprises and state-owned enterprises,the impact of digital transformation on the high quality development of enterprises is more obvious among large-scale enterprises and non-state-owned enterprises.The spatial effect test found that digital transformation has a spatial spillover effect on the high quality development of enterprises,among which smaller enterprises will have an indirect inhibitory effect on the high quality development of enterprises during digital transformation.Taking digital transformation as the entry point,through empirical analysis of the effect of high quality development of enterprises,it not only enrich-es digital transformation research,but also provides a new perspective for high quality development research of enterprises.
High Quality Enterprise DevelopmentDigital TransformationTotal Factor ProductivityPolicy Co-ordination
NETL
NSTL
万方数据
