{"title":"转型为创新:创新绩效期望不足与转型经济企业数字化转型","authors":"Yan Zhou , Hailin Lan, Haojun Wang","doi":"10.1016/j.jengtecman.2025.101884","DOIUrl":null,"url":null,"abstract":"<div><div>How firms in transition economies drive digital transformation amidst innovation challenges remains an important but underexplored question. Grounded in the premise of heuristic decision-making under bounded rationality, this study employs the behavioral theory of the firm to examine how innovation performance aspiration shortfall affects digital transformation and the moderating effect of resource allocation characteristics in transition economies. Using a sample of manufacturing firms listed on Chinese A-share market from 2008 to 2023, the results reveal that the impact of innovation performance aspiration shortfall on digital transformation follows an inverted U-shaped pattern: the increase of innovation performance aspiration shortfall will lead to the change of firm transformation motivation and capability, making the degree of digital transformation increase first and then decrease. Furthermore, the effect of innovation performance aspiration shortfall on digital transformation is amplified in firms with no political connection and high market competition. These findings advance the behavioral theory of the firm by enhancing its predictive and explanatory power in organizational management practices and provide theoretical guidance and empirical evidence for transition economy firms navigating digital transformation under innovation performance aspiration shortfall conditions.</div></div>","PeriodicalId":50209,"journal":{"name":"Journal of Engineering and Technology Management","volume":"76 ","pages":"Article 101884"},"PeriodicalIF":3.9000,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Transformation for innovation: Innovation performance aspiration shortfall and transition economy firms’ digital transformation\",\"authors\":\"Yan Zhou , Hailin Lan, Haojun Wang\",\"doi\":\"10.1016/j.jengtecman.2025.101884\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>How firms in transition economies drive digital transformation amidst innovation challenges remains an important but underexplored question. Grounded in the premise of heuristic decision-making under bounded rationality, this study employs the behavioral theory of the firm to examine how innovation performance aspiration shortfall affects digital transformation and the moderating effect of resource allocation characteristics in transition economies. Using a sample of manufacturing firms listed on Chinese A-share market from 2008 to 2023, the results reveal that the impact of innovation performance aspiration shortfall on digital transformation follows an inverted U-shaped pattern: the increase of innovation performance aspiration shortfall will lead to the change of firm transformation motivation and capability, making the degree of digital transformation increase first and then decrease. Furthermore, the effect of innovation performance aspiration shortfall on digital transformation is amplified in firms with no political connection and high market competition. These findings advance the behavioral theory of the firm by enhancing its predictive and explanatory power in organizational management practices and provide theoretical guidance and empirical evidence for transition economy firms navigating digital transformation under innovation performance aspiration shortfall conditions.</div></div>\",\"PeriodicalId\":50209,\"journal\":{\"name\":\"Journal of Engineering and Technology Management\",\"volume\":\"76 \",\"pages\":\"Article 101884\"},\"PeriodicalIF\":3.9000,\"publicationDate\":\"2025-04-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Engineering and Technology Management\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0923474825000256\",\"RegionNum\":3,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Engineering and Technology Management","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0923474825000256","RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
Transformation for innovation: Innovation performance aspiration shortfall and transition economy firms’ digital transformation
How firms in transition economies drive digital transformation amidst innovation challenges remains an important but underexplored question. Grounded in the premise of heuristic decision-making under bounded rationality, this study employs the behavioral theory of the firm to examine how innovation performance aspiration shortfall affects digital transformation and the moderating effect of resource allocation characteristics in transition economies. Using a sample of manufacturing firms listed on Chinese A-share market from 2008 to 2023, the results reveal that the impact of innovation performance aspiration shortfall on digital transformation follows an inverted U-shaped pattern: the increase of innovation performance aspiration shortfall will lead to the change of firm transformation motivation and capability, making the degree of digital transformation increase first and then decrease. Furthermore, the effect of innovation performance aspiration shortfall on digital transformation is amplified in firms with no political connection and high market competition. These findings advance the behavioral theory of the firm by enhancing its predictive and explanatory power in organizational management practices and provide theoretical guidance and empirical evidence for transition economy firms navigating digital transformation under innovation performance aspiration shortfall conditions.
期刊介绍:
The Journal of Engineering and Technology Management (JET-M) is an international scholarly refereed research journal which aims to promote the theory and practice of technology, innovation, and engineering management.
The journal links engineering, science, and management disciplines. It addresses the issues involved in the planning, development, and implementation of technological capabilities to shape and accomplish the strategic and operational objectives of an organization. It covers not only R&D management, but also the entire spectrum of managerial concerns in technology-based organizations. This includes issues relating to new product development, human resource management, innovation process management, project management, technological fusion, marketing, technological forecasting and strategic planning.
The journal provides an interface between technology and other corporate functions, such as R&D, marketing, manufacturing and administration. Its ultimate goal is to make a profound contribution to theory development, research and practice by serving as a leading forum for the publication of scholarly research on all aspects of technology, innovation, and engineering management.