The role of innovation in the relationship between digitalisation and economic and financial performance. A company-level research

IF 7.1 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics Pub Date : 2022-09-01 DOI:10.1016/j.iedeen.2021.100190

Antonio Fernández-Portillo, Manuel Almodóvar-González, Mari Cruz Sánchez-Escobedo, José Luis Coca-Pérez

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引用次数: 24

Abstract

This paper analyses how innovation affects the relationship between the digitalisation of the company and its economic and financial performance, reviewing the cause-effect situation of this relationship. As some scientific literature suggests, the impact of ICT technologies on business performance is not homogenous amongst firms. The answer to this issue is probably to be found in innovation. In order to further develop this statement, this study examines the role of innovation in the relationship between business performance and business digitalisation. This research framework has been built based on the Innovation Theory of Rogers. Companies from all over Spain have been surveyed and the data has been contrasted with Partial Least Squares-Structural Equation modelling (PLS-SEM) and Moderation Analysis. The results show that in effect, innovation acts as a moderator variable in the relationship between business digitalisation and performance. These results allow us to conclude that it is not only important to digitalise the company to improve its performance, but that this digitalisation should also be aligned with a clear innovation strategy that allows for improving the company´s performance. The aim of this study is to contribute with greater knowledge to how the digitalisation of the company affects its economic/financial performance and manifest the role innovation plays in this relationship.

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创新在数字化与经济和财务绩效之间的关系中的作用。公司层面的研究

本文分析了创新如何影响公司数字化与其经济和财务绩效之间的关系，并回顾了这种关系的因果情况。正如一些科学文献所表明的那样，信息通信技术对企业绩效的影响在企业之间不是同质的。这个问题的答案可能在创新中找到。为了进一步发展这一说法，本研究考察了创新在业务绩效和业务数字化之间的关系中的作用。本研究框架是在罗杰斯创新理论的基础上构建的。对西班牙各地的公司进行了调查，并将数据与偏最小二乘结构方程模型(PLS-SEM)和适度分析进行了对比。结果表明，创新实际上在企业数字化与绩效之间的关系中起着调节变量的作用。这些结果使我们得出结论，数字化公司不仅对提高其绩效很重要，而且这种数字化还应与明确的创新战略保持一致，从而提高公司的绩效。本研究的目的是为公司的数字化如何影响其经济/财务绩效做出更大的贡献，并表明创新在这种关系中所扮演的角色。

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

European Research on Management and Business Economics Multiple-

CiteScore

11.70

自引率

3.40%

发文量

审稿时长

50 weeks

期刊介绍： European Research on Management and Business Economics (ERMBE) was born in 1995 as Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE). The journal is published by the European Academy of Management and Business Economics (AEDEM) under this new title since 2016, it was indexed in SCOPUS in 2012 and in Thomson Reuters Emerging Sources Citation Index in 2015. From the beginning, the aim of the Journal is to foster academic research by publishing original research articles that meet the highest analytical standards, and provide new insights that contribute and spread the business management knowledge