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From riches to digitalization: The role of AMC in overcoming challenges of digital transformation in resource-rich regions

Author

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  • Chen, Yu
  • Wang, Yuandi
  • Zhao, Changyi

Abstract

Regions with abundant natural resources often possess relatively stable economic structures, resulting in favourable economic development that may support regional digital transformation on the one hand. However, their strong dependence on the existing economic structure may hinder the pace of digital transformation. Few studies have thoroughly analysed the relationship between natural resources and digital transformation. Building on this gap, this study employs provincial-level data from China from 2000 to 2019 to examine the state of digital transformation in resource-rich regions. The findings indicate that digital transformation is relatively weak in resource-rich regions, as an increase of one billion tons in regional natural resources (coal) leads to a decrease in 0.364 digital patents. It also finds that this drawback of natural resources in digital transformation will likely be counteracted if the regional government possesses a strong awareness, motivation, and capability (awareness-motivation-capability) to seek digital transformation.

Suggested Citation

  • Chen, Yu & Wang, Yuandi & Zhao, Changyi, 2024. "From riches to digitalization: The role of AMC in overcoming challenges of digital transformation in resource-rich regions," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    • Handle: RePEc:eee:tefoso:v:200:y:2024:i:c:s0040162523008387
    DOI: 10.1016/j.techfore.2023.123153
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