Does digital innovation help firms navigate the COVID-19 pandemic? Evidence from China

被引:4
作者
Huang, Hao [1 ]
Zhao, Ling [2 ]
机构
[1] Southwestern Univ Finance & Econ, Sch Publ Finance & Taxat, Chengdu, Sichuan, Peoples R China
[2] Xihua Univ, Sch Econ, Chengdu, Sichuan, Peoples R China
基金
中国国家自然科学基金; 中国博士后科学基金;
关键词
Digital innovation; COVID-19; pandemic; Firm performance; SUPPLY CHAIN; MANAGEMENT; CRISES; IMPACT;
D O I
10.1016/j.ememar.2024.101171
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Using manually collected data, we explore the effects of digital innovation (DI) on firm resilience during the COVID-19 pandemic. The findings show that during the pandemic, firms with high levels of DI performed significantly better than others. This effect was more pronounced for firms with high exposure to COVID-19 or geographically distant supply chains. Further, mechanism analysis finds that DI mitigated the negative impact of COVID-19 by reducing internal coordination costs and improving the speed of external supply chain response. Additional analysis shows that the more firms with strong DI capabilities, the faster the economic recovery after the pandemic.
引用
收藏
页数:22
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