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Does smart transformation in manufacturing promote enterprise value chain upgrades?

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  • Li, Tao

Abstract

Intellectualization of manufacturing firms is crucial for facilitating the seamless integration of China's digital and real economies while achieving high-quality growth in the manufacturing industry. This study found that smart transformation significantly improved manufacturing firms’ value chain upgrades based on a sample of Chinese A-share listed companies from 2011 to 2022. This impact operates primarily by optimizing human resources and improving total factor productivity effects.

Suggested Citation

  • Li, Tao, 2024. "Does smart transformation in manufacturing promote enterprise value chain upgrades?," Finance Research Letters, Elsevier, vol. 69(PA).
    • Handle: RePEc:eee:finlet:v:69:y:2024:i:pa:s154461232401153x
    DOI: 10.1016/j.frl.2024.106124
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    References listed on IDEAS

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    1. Zou, Tanyong, 2024. "Technological innovation promotes industrial upgrading: An analytical framework," Structural Change and Economic Dynamics, Elsevier, vol. 70(C), pages 150-167.
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    Cited by:

    1. Li, Xiaofan & Wang, Qiaochu & Kong, Dongmin & Tao, Yunqing, 2025. "Intelligent manufacturing and corporate human capital upgrade in China," Journal of Asian Economics, Elsevier, vol. 97(C).

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    Keywords

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    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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