{"title":"The impact of enhanced intelligent manufacturing capabilities on a firm's export performance","authors":"Qin Zhu, Xin Li","doi":"10.1016/j.frl.2025.107515","DOIUrl":null,"url":null,"abstract":"<div><div>Based on data from Chinese manufacturing enterprises spanning from 2010 to 2023, this paper systematically explores the impact of smart manufacturing capabilities on firms' export performance and the underlying mechanisms. The research findings indicate that enhancements in smart manufacturing capabilities significantly boost firms' export levels. Further mediation analysis reveals that smart manufacturing capabilities positively influence firms' export performance by improving their total factor productivity. Additionally, heterogeneity analysis shows that the promotional effect of smart manufacturing capabilities on firms' export performance is more pronounced in private enterprises, reflecting their characteristics of flexible mechanisms and rapid decision-making.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"81 ","pages":"Article 107515"},"PeriodicalIF":7.4000,"publicationDate":"2025-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325007743","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
Based on data from Chinese manufacturing enterprises spanning from 2010 to 2023, this paper systematically explores the impact of smart manufacturing capabilities on firms' export performance and the underlying mechanisms. The research findings indicate that enhancements in smart manufacturing capabilities significantly boost firms' export levels. Further mediation analysis reveals that smart manufacturing capabilities positively influence firms' export performance by improving their total factor productivity. Additionally, heterogeneity analysis shows that the promotional effect of smart manufacturing capabilities on firms' export performance is more pronounced in private enterprises, reflecting their characteristics of flexible mechanisms and rapid decision-making.
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