{"title":"数字化转型如何以及何时促进技术创新绩效?对中国高科技企业的研究","authors":"Yong Xu , Junzhe Ji , Yue Qiao , Jilei Huang","doi":"10.1016/j.technovation.2025.103294","DOIUrl":null,"url":null,"abstract":"<div><div>Digital transformation and technological innovations are crucial responses of firms to external competitive dynamics; however, the complex relationship between them remains underexplored and contentious. Drawing on the dynamic capability view, we postulate that digital transformation influences technological innovations by alleviating internal information asymmetry and altering organizational resource distribution, thereby addressing routine and resource rigidities in the transformation process. To further explore the potential crowding-out effect of digital transformation on technological innovation, we designed a set of heterogeneity analyses based on contextual conditions surrounding resources accessible to firms. We examined these relationships using double fixed-effects and mediation models, based on a comprehensive panel dataset of 19 high-tech industries in China, spanning the years 2010–2021. Our results indicate that digital transformation promotes the quantity, quality, and efficiency of technological innovations, with a comparatively greater influence on the former two. These effects are mediated by internal information asymmetry and R&D intensity. Furthermore, the positive and significant effect of digital transformation is evident among firms located in the Eastern region of China and those that are profitable, but becomes negligible among loss-making firms. We conducted a series of robustness checks to validate the results and discussed their theoretical and practical implications.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"146 ","pages":"Article 103294"},"PeriodicalIF":11.1000,"publicationDate":"2025-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"How and when does digital transformation promote technological innovation performance? A study of Chinese high-tech firms\",\"authors\":\"Yong Xu , Junzhe Ji , Yue Qiao , Jilei Huang\",\"doi\":\"10.1016/j.technovation.2025.103294\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Digital transformation and technological innovations are crucial responses of firms to external competitive dynamics; however, the complex relationship between them remains underexplored and contentious. Drawing on the dynamic capability view, we postulate that digital transformation influences technological innovations by alleviating internal information asymmetry and altering organizational resource distribution, thereby addressing routine and resource rigidities in the transformation process. To further explore the potential crowding-out effect of digital transformation on technological innovation, we designed a set of heterogeneity analyses based on contextual conditions surrounding resources accessible to firms. We examined these relationships using double fixed-effects and mediation models, based on a comprehensive panel dataset of 19 high-tech industries in China, spanning the years 2010–2021. Our results indicate that digital transformation promotes the quantity, quality, and efficiency of technological innovations, with a comparatively greater influence on the former two. These effects are mediated by internal information asymmetry and R&D intensity. Furthermore, the positive and significant effect of digital transformation is evident among firms located in the Eastern region of China and those that are profitable, but becomes negligible among loss-making firms. We conducted a series of robustness checks to validate the results and discussed their theoretical and practical implications.</div></div>\",\"PeriodicalId\":49444,\"journal\":{\"name\":\"Technovation\",\"volume\":\"146 \",\"pages\":\"Article 103294\"},\"PeriodicalIF\":11.1000,\"publicationDate\":\"2025-06-17\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Technovation\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0166497225001269\",\"RegionNum\":1,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ENGINEERING, INDUSTRIAL\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Technovation","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0166497225001269","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENGINEERING, INDUSTRIAL","Score":null,"Total":0}
How and when does digital transformation promote technological innovation performance? A study of Chinese high-tech firms
Digital transformation and technological innovations are crucial responses of firms to external competitive dynamics; however, the complex relationship between them remains underexplored and contentious. Drawing on the dynamic capability view, we postulate that digital transformation influences technological innovations by alleviating internal information asymmetry and altering organizational resource distribution, thereby addressing routine and resource rigidities in the transformation process. To further explore the potential crowding-out effect of digital transformation on technological innovation, we designed a set of heterogeneity analyses based on contextual conditions surrounding resources accessible to firms. We examined these relationships using double fixed-effects and mediation models, based on a comprehensive panel dataset of 19 high-tech industries in China, spanning the years 2010–2021. Our results indicate that digital transformation promotes the quantity, quality, and efficiency of technological innovations, with a comparatively greater influence on the former two. These effects are mediated by internal information asymmetry and R&D intensity. Furthermore, the positive and significant effect of digital transformation is evident among firms located in the Eastern region of China and those that are profitable, but becomes negligible among loss-making firms. We conducted a series of robustness checks to validate the results and discussed their theoretical and practical implications.
期刊介绍:
The interdisciplinary journal Technovation covers various aspects of technological innovation, exploring processes, products, and social impacts. It examines innovation in both process and product realms, including social innovations like regulatory frameworks and non-economic benefits. Topics range from emerging trends and capital for development to managing technology-intensive ventures and innovation in organizations of different sizes. It also discusses organizational structures, investment strategies for science and technology enterprises, and the roles of technological innovators. Additionally, it addresses technology transfer between developing countries and innovation across enterprise, political, and economic systems.