The differential impact of enterprise digital transformation on ambidextrous innovation: Evidence from China

IF 4.8 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2025-07-17 DOI:10.1016/j.iref.2025.104436

Ting Li , Shengxu Xiong

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引用次数: 0

Abstract

Based on patent application data from A-share listed companies on the Shanghai and Shenzhen stock exchanges in China between 2013 and 2022, this study examines the differential impact and mechanisms of enterprise digital transformation on ambidextrous innovation. The results show that enterprise digital transformation significantly promotes both exploratory and exploitative innovation, with a more pronounced effect on exploratory innovation. These conclusions remain valid after a series of robustness tests. Mechanism analysis reveals that intellectual capital mediates the relationship between digital transformation and exploratory innovation, while structural capital and human capital within intellectual capital mediate the relationship between digital transformation and exploitative innovation. This research provides theoretical insights into the relationship between enterprise digital transformation and ambidextrous innovation, along with practical recommendations for enterprises to enhance innovation through digital transformation.

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企业数字化转型对双灵巧创新的差异影响：来自中国的证据

基于2013 - 2022年沪深两市a股上市公司专利申请数据，研究企业数字化转型对双右手创新的差异影响及其机制。结果表明，企业数字化转型对探索性创新和利用性创新均有显著促进作用，其中探索性创新的作用更为显著。经过一系列稳健性检验，这些结论仍然有效。机制分析表明，智力资本在数字化转型与探索性创新之间起中介作用，智力资本中的结构资本和人力资本在数字化转型与剥削性创新之间起中介作用。本研究为企业数字化转型与双灵巧创新之间的关系提供了理论见解，并为企业通过数字化转型增强创新提供了实践建议。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.