The Impact of Digital Transformation on Innovation Efficiency of Enterprises:An Analytical Framework Based on Schumpeterian Innovation Paradigm
In the context of digital China,enterprises drive technological innovation through digital transformation strategies,which has become an important path to promote industrial transformation,break through key core technologies,and reshape enterprises'competitive advantages.Based on the Schumpeterian innovation paradigm,this paper analyzes the mechanism of enterprises'digital transformation to improve their innovation efficiency,and conducts an empirical analysis based on the sample data of 4350 listed companies from 2009 to 2021.On this basis,this paper also discusses the triggering conditions and capability transition paths of enterprise innovation.The results show that(1)the digital transformation of enterprises helps improve their innovation efficiency,and the mechanism lies in the knowledge accumulation effect and the Schumpeterian rent-grabbing effect(2)Under the Schumpeterian innovation paradigm,the institutional arrangement of intellectual property protection is an important trigger for the improvement of enterprise innovation efficiency,and along with the improvement of enterprise innovation efficiency,the enterprises'digital transformation also promotes the sustainable improvement of enterprise innovation capability and innovation in key technology fields.The conclusions of this paper provide useful inspiration for deepening the direction of digital transformation of enterprises,improving their innovation ability,and shaping the core competitiveness of enterprises,and have important implications for breaking through the"low-end lock"and the barriers of key core technologies in the background of digital economy.