Does digital transformation propel innovation strategies? An empirical investigation based on machine learning and the dynamic GMM approach

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dc.contributor.authorPu, Tingqian
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2025-06-09T09:29:32Z
dc.date.available2025-06-09T09:29:32Z
dc.description.abstractIn today’s digital landscape, the transformation through digital technologies is revolutionizing traditional business models and innovation practices. Numerous organizations are accelerating their digital transformation efforts to enhance manufacturing capabilities, operational efficiency, and competitive advantage. While the significant role of digital transformation in economic development has been widely recognized in academic literature, research exploring the complex interplay between digital transformation and innovation strategies remains limited. This study aims to explore this relationship by utilizing annual report data and patent information from Chinese listed companies over the period from 2012 to 2021. Our findings indicate that digital transformation has a positive impact on both R&D input strategies and innovation output strategies. Specifically, it increases firms’ propensity to invest in R&D activities, thereby increasing potential future innovation returns. Moreover, digital transformation bolsters both strategic and substantive innovation by leveraging digital capabilities for better resource integration. This paper significantly contributes to the existing literature on digital transformation and innovation strategies, offering valuable insights that can facilitate higher levels of digital transformation and promote high-quality economic development.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2025-5-012
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/176876
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectDigital transformationen
dc.subjectinnovation strategiesen
dc.subjectR&D changeen
dc.subjectR&D growthen
dc.subjectsubstantive innovationen
dc.subjectstrategic innovationen
dc.subject.classificationG34
dc.subject.classificationO31
dc.subject.classificationO32
dc.subject.classificationO33
dc.titleDoes digital transformation propel innovation strategies? An empirical investigation based on machine learning and the dynamic GMM approachen
dc.typeArticleen
local.accessopen
local.citation.epage96
local.citation.spage81
local.facultyFaculty of Economics
local.filenameEM_2_2025_05
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue2
local.relation.volume28
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