Incentive effect of digital transformation:Technological innovation or management innovation
Digital transformation is a national development strategy and has been developing rapidly in recent years,but its performance has been a black box.In this paper,a new theoretical analysis framework is established to objectively assess China's digital transformation based on its management innovation and technological innovation effect dimensions in a comprehensive assessment of digital transformation measurement.Taking Chinese high-tech industries as an example,an all-round analysis is conducted based on inter-provincial panel data.The research results show that:the mechanism of digital transformation is mainly management innovation and technological innovation;the development level of digital transformation is judged by its contribution to change and input;China's digital transformation is developing fast and the regional gap is narrowing;digital transformation has technological innovation effect but no management innovation effect,and is still in its initial stage;the technological innovation effect of digital transformation may appear in its early development;it is important to objectively evaluate the development stage of China's industrial digital transformation.
digital transformationhigh-tech industrynew solow's paradoxmanagement innovationtechnology innovation