Effects of Technological Diversification on Enterprise Resilience in Digital Transformation Context
Based on the resource-based theory and focusing on the stability and flexibility characteristics of resilient enterprises,this paper explores the impact of technological diversification on enterprise resilience in the digital transformation context.With a sample of listed high-tech firms in China from 2018 to 2022,before and after COVID-19,an OLS(ordinary least squares)regression and survival analysis is conducted for empirical analysis.The results show that both unrelated technological diversification and related technological diversification have an inverted U-shaped relationship with the stability of enterprises after a shock.Unrelated technology diversification negatively affects the flexibility of enterprises after a shock,while related technology diversification has a positive effect on the flexibility of enterprises after a shock.Digital transformation enhances the inverted U-shaped relationship between related technology diversification and the stability of enterprises after a shock,and can weaken the negative effect of unrelated technology diversification on the flexibility of enterprises after a shock.The findings enrich and expand the research on technology diversification and enterprise resilience,and provide reference for enterprises to develop appropriate technology diversification strategies to enhance enterprise resilience.
国家科技期刊平台
NSTL
万方数据
