Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)

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Empirical Test of the Impact of Digital Innovation on Firms’ New Quality Productivity in China

Authors
Xiaobo Lun1, Yun Liu1, *
1School of Finance, Shanghai Lixin University of Accounting and Finance, Shanghai, 201209, China
*Corresponding author. Email: yundyliu@163.com
Corresponding Author
Yun Liu
Available Online 30 December 2024.
DOI
10.2991/978-94-6463-638-3_53How to use a DOI?
Keywords
Digital innovation; New quality productivity; Digital patents
Abstract

In the era of digital economy, digital innovation has become the primary motive force for cultivating new quality productivity. Taking Chinese listed companies as the research sample, this paper identifies corporate digital patents to portray the level of digital innovation and explores the effect of digital innovation on corporate new quality productivity. The findings show that digital innovation significantly promotes the development of firms’ new quality productivity. Heterogeneity analysis reveals that digital innovation has a more pronounced promotion effect in non-state-owned enterprises, enterprises in industries with higher degree of competition, and enterprises in the central and eastern regions. This paper deepens the understanding of the economic effects induced by digital innovation, and provides a practical reference for cultivating new productivity under the digital China strategy.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 December 2024
ISBN
978-94-6463-638-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-638-3_53How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xiaobo Lun
AU  - Yun Liu
PY  - 2024
DA  - 2024/12/30
TI  - Empirical Test of the Impact of Digital Innovation on Firms’ New Quality Productivity in China
BT  - Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)
PB  - Atlantis Press
SP  - 539
EP  - 546
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-638-3_53
DO  - 10.2991/978-94-6463-638-3_53
ID  - Lun2024
ER  -