Enterprise digital transformation, COVID-19 and innovation persistence: evidence from China

被引：46

作者：

Yu, Yan ^{[1
,2
]}

Shao, Pingping ^{[1
]}

机构：

[1] Beijing Technol & Business Univ, Business Sch, Beijing, Peoples R China

[2] Beijing Technol & Business Univ, Business Sch, 11-33 Fucheng Rd, Beijing 100048, Peoples R China

来源：

APPLIED ECONOMICS LETTERS | 2025年 / 32卷 / 08期

基金：

中国国家自然科学基金;

关键词：

Enterprise digital transformation; innovation persistence; COVID-19; public emergency; uncertainty;

D O I：

10.1080/13504851.2023.2301480

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study investigates the detrimental influence of the COVID-19 pandemic on the corporate innovation persistence and explores the mitigating effect of digital transformation by using Chinese A-share listed companies from 2011 to 2021. We find that the COVID-19 pandemic engenders a reduction in the corporate innovation persistence. However, a higher degree of digital transformation effectively alleviates this effect through three mechanisms: alleviating financial constraints, maintaining business stability, and improving investment efficiency. Our findings contribute to the literature concerning the relationship between digital transformation and corporate innovation, and provide micro-level evidence of the digital transformation of enterprises to mitigate public emergencies.

引用

页码：1097 / 1102

页数：6

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