The smart city pilot policy and corporate supply chain resilience

Abstract

Utilizing data from China's A-share listed firms from 2012 to 2022, this study investigates how the smart city pilot policy influences corporate supply chain resilience. Our findings indicate that the smart city pilot policy significantly enhances corporate supply chain resilience by improving both human capital and financial capital. The results of the moderating effect analysis suggest that well-developed digital infrastructure in cities amplifies the policy's impact on corporate supply chain resilience. Furthermore, the heterogeneity analysis reveals that the positive effect of the smart city pilot policy on corporate supply chain resilience is more pronounced in non-high-tech firms and firms located outside the Yangtze River Economic Belt. Our study contributes to the literature on factors influencing corporate supply chain resilience from the perspective of policy support and provides valuable insights for optimizing smart city policies.