Effect Identification and Mechanism Analysis of Innovation in Digitization Enabled Cemented Carbide Enterprises
In the context of the universal development of digitalization,innovation is a key means of high-quality development of enterprises.As the foundation of Chinese manufacturing industry,the development of hard alloy is of great importance.Based on the data of 119 companies from 2012 to 2022,this paper analyzes the influence of digital transformation on CC's innovation and the intermediary effect of ROI on process investment and management efficiency.The test results confirm that the digital transformation of cemented carbide enterprises can promote the innovation and development of enterprises by improving management efficiency;And this promoting effect is more obvious in the central and eastern regions with relatively good economic development,state-owned enterprises and enterprises with a high degree of digitalization.
digital transformationcarbide enterpriseenterprise innovationmechanism analysis
NETL
NSTL
万方数据
