Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)

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Digital Transformation and Innovation Performance: the Mediating Roles of Open Innovation and Absorptive Capacity

Authors
Nan Zhao1, *
1School of Management, Shanghai University, Shanghai, 200444, China
*Corresponding author. Email: 1183075457@qq.com
Corresponding Author
Nan Zhao
Available Online 22 November 2024.
DOI
10.2991/978-94-6463-570-6_39How to use a DOI?
Keywords
digital transformation; open innovation; absorptive capacity; innovation performance
Abstract

Digital transformation promotes the cross-organizational flow of knowledge to provide a new impetus and a new engine for corporate innovation. This study uses dynamic capability theory to demonstrate the intrinsic linkages between digital transformation, open innovation, absorptive capacity and innovation performance. The study utilizes data from Chinese A-share listed manufacturing enterprises from 2016 to 2022. The results show that there is a significant positive correlation between digital transformation and enterprise innovation performance, and the results are still valid after robustness test. The findings of the mediating mechanism indicate that digital transformation can facilitate open innovation activities and enhance the absorptive capacity of enterprises, which leads to improved innovation performance. Starting from the knowledge flow perspective, this paper provides essential theoretical and empirical support for clarifying the mechanism of digital transformation in manufacturing and its impact on innovation performance. The study has significant implications for the long-term development of China’s manufacturing industry in the digital economy environment.

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 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
22 November 2024
ISBN
978-94-6463-570-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-570-6_39How 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  - Nan Zhao
PY  - 2024
DA  - 2024/11/22
TI  - Digital Transformation and Innovation Performance: the Mediating Roles of Open Innovation and Absorptive Capacity
BT  - Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)
PB  - Atlantis Press
SP  - 381
EP  - 391
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-570-6_39
DO  - 10.2991/978-94-6463-570-6_39
ID  - Zhao2024
ER  -