IDEAS home Printed from https://ideas.repec.org/a/eee/reveco/v97y2025ics1059056024007457.html

Can intelligent development improve manufacturing firms' supply chain resilience?

Author

Listed:
  • Ma, Lijuan
  • Wang, Huiyu
  • He, Congna
  • Sui, Xiang

Abstract

Amidst the worldwide spread of the COVID-19 pandemic and growing uncertainties in the external environment, intelligent development has emerged as a crucial strategy for businesses to strengthen their ability to withstand external shocks and achieve sustainable growth. This paper examines the relationship between intelligent development and supply chain's resilience in manufacturing firms. Based on listed firms from 2011 to 2022, this paper adopts two-fixed model to explore the effects and underlying mechanisms. The findings indicate that intelligent development can effectively promote supply chain's resilience in manufacturing firms, and the impact is achieved by improving supply chain's efficiency, stimulating productivity effect and alleviating long-wipe effect. Heterogeneous analysis confirms that firms' ownership and industry nature play a critical role.

Suggested Citation

  • Ma, Lijuan & Wang, Huiyu & He, Congna & Sui, Xiang, 2025. "Can intelligent development improve manufacturing firms' supply chain resilience?," International Review of Economics & Finance, Elsevier, vol. 97(C).
  • Handle: RePEc:eee:reveco:v:97:y:2025:i:c:s1059056024007457
    DOI: 10.1016/j.iref.2024.103753
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1059056024007457
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.iref.2024.103753?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Naghshineh, Bardia & Carvalho, Helena, 2022. "The implications of additive manufacturing technology adoption for supply chain resilience: A systematic search and review," International Journal of Production Economics, Elsevier, vol. 247(C).
    2. Li, Pingrui & Zhao, Xu, 2024. "The impact of digital transformation on corporate supply chain management: Evidence from listed companies," Finance Research Letters, Elsevier, vol. 60(C).
    3. Gu, Fei & He, Mingke, 2024. "A study of supply chain relationship change and RFID IT adoption: Evidence from listed companies," Finance Research Letters, Elsevier, vol. 61(C).
    4. Qi, Ruijuan & Ma, Guowei & Liu, Chang & Zhang, Qiwen & Wang, Qianyi, 2024. "Enterprise digital transformation and supply chain resilience," Finance Research Letters, Elsevier, vol. 66(C).
    5. Emenike, Scholastica N. & Falcone, Gioia, 2020. "A review on energy supply chain resilience through optimization," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
    6. Huang, Kerry & Wang, Kedi & Lee, Peter K.C. & Yeung, Andy C.L., 2023. "The impact of industry 4.0 on supply chain capability and supply chain resilience: A dynamic resource-based view," International Journal of Production Economics, Elsevier, vol. 262(C).
    7. Ozdemir, Dilek & Sharma, Mahak & Dhir, Amandeep & Daim, Tugrul, 2022. "Supply chain resilience during the COVID-19 pandemic," Technology in Society, Elsevier, vol. 68(C).
    8. Berger, Theo, 2023. "Explainable artificial intelligence and economic panel data: A study on volatility spillover along the supply chains," Finance Research Letters, Elsevier, vol. 54(C).
    9. Yang, Siying & Wang, Wenzhi & Ding, Tao, 2023. "Intelligent transformation and sustainable innovation capability: Evidence from China," Finance Research Letters, Elsevier, vol. 55(PB).
    10. Li, Zongru & Zhang, Xiaohan & Tao, Zhe & Wang, Binbin, 2024. "Enterprise digital transformation and supply chain management," Finance Research Letters, Elsevier, vol. 60(C).
    11. Qader, Ghulam & Junaid, Muhammad & Abbas, Qamar & Mubarik, Muhammad Shujaat, 2022. "Industry 4.0 enables supply chain resilience and supply chain performance," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    12. Dou, Bin & Guo, SongLin & Chang, XiaoChen & Wang, Yong, 2023. "Corporate digital transformation and labor structure upgrading," International Review of Financial Analysis, Elsevier, vol. 90(C).
    13. Zhang, Chenrui & Wang, Yatong, 2024. "Is enterprise digital transformation beneficial to shareholders? Insights from the cost of equity capital," International Review of Financial Analysis, Elsevier, vol. 92(C).
    14. Jiang, Wenjuan & Wang, Xin, 2024. "Enterprise digital transformation empowers supply Chain stability," Finance Research Letters, Elsevier, vol. 66(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Li, Xukai & Wang, Tengkun, 2026. "Digital transformation, financial support, and industry chain resilience," Finance Research Letters, Elsevier, vol. 89(C).
    2. Zheng, Mengze & Wang, Rui & Ye, Jing & Li, Te, 2025. "How does supply chain finance enhance firms' supply chain resilience?," International Review of Economics & Finance, Elsevier, vol. 102(C).
    3. Cheng, Dongshu & Wei, Ying & Zhang, Mengchen & Wang, Chang, 2025. "The smart city pilot policy and corporate supply chain resilience," International Review of Economics & Finance, Elsevier, vol. 102(C).
    4. Zhang, Lixia & Bai, Jiancheng & Sun, Huaping & Deng, Feng & Qian, Ying, 2025. "Climate policy uncertainty, supply chain resilience and enterprises’ green total factor productivity: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 103(C).
    5. Qin, Dongfang & Xue, Weixian, 2026. "Digital supply chain finance, manufacturing resilience, and corporate digital maturity," Finance Research Letters, Elsevier, vol. 87(C).
    6. Ma, Xiaoning & Lei, Xue & Jiang, Yu & Lin, Ouwen, 2025. "How trade friction amplifies corporate litigation risk: Evidence from United States–China tariff disputes," Finance Research Letters, Elsevier, vol. 85(PA).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Teng, Yuqiang & Du, Anna Min & Lin, Boqiang, 2024. "The mechanism of supply chain efficiency in enterprise digital transformation and total factor productivity," International Review of Financial Analysis, Elsevier, vol. 96(PA).
    2. Liu, Yingying & Shang, Juan, 2026. "Supply chain finance, environmental uncertainty and corporate supply chain resilience," Finance Research Letters, Elsevier, vol. 89(C).
    3. Dong, Feng & Zhao, Xu & Mangla, Sachin Kumar & Song, Malin, 2025. "Enhanced supply chain resilience under geopolitical risks: The role of artificial intelligence," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 202(C).
    4. Aliakbar Hasani & Gholamreza Haseli & Muhammet Deveci, 2025. "Analyzing operational risks of digital supply chain transformation using hybrid ISM-MICMAC method," OPSEARCH, Springer;Operational Research Society of India, vol. 62(2), pages 583-607, June.
    5. Zeng, Heqi & Wen, Li, 2025. "How does intelligent transformation enhance the security of industrial and supply chains?," Finance Research Letters, Elsevier, vol. 84(C).
    6. Zhen, Xiaofei & Zhou, Yiyang, 2025. "Digital transformation and corporate creditworthiness," Finance Research Letters, Elsevier, vol. 74(C).
    7. Yuqiong Zheng & Yue Peng & Wei Wang & Yunqiang Liu & Raymond Chiong, 2025. "Promotion or hindrance? Digital transformation of the supply chain and total factor productivity of midstream enterprises," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-18, December.
    8. Li, Shuquan & Kong, Xiangcai & Ianenko, Marina & Wang, Wentao, 2025. "The impact of digital transformation on enterprise supply chain finance," Finance Research Letters, Elsevier, vol. 85(PA).
    9. Zhang, Juying, 2025. "Mitigating climate risk in supply chains: Empirical insights from the bullwhip effect in Chinese enterprises," Economic Analysis and Policy, Elsevier, vol. 88(C), pages 888-902.
    10. Chen, Guangren & Yu, Zuwei, 2024. "Digital finance, value cocreation, and supply chain resilience: Evidence from listed manufacturing firms in China," Finance Research Letters, Elsevier, vol. 70(C).
    11. Yang, Lian-Xing & Zhang, Yin-Ting & Chen, Mo-Lei, 2025. "Impact of temperature variability on supply chain resilience in China: Mechanisms and insights," Finance Research Letters, Elsevier, vol. 85(PA).
    12. Zhou, Wenxiao & Song, Yi & Xu, Deyi & Zhang, Yijun, 2025. "Government subsidies and industrial chain resilience: Evidence from Chinese resource-based enterprises," Resources Policy, Elsevier, vol. 102(C).
    13. Zheng, Mengze & Wang, Rui & Ye, Jing & Li, Te, 2025. "How does supply chain finance enhance firms' supply chain resilience?," International Review of Economics & Finance, Elsevier, vol. 102(C).
    14. Xu, Xinkuo & Liu, Qianyu, 2025. "Transformation of innovation in heavily polluting enterprises under resource constraints: The role of green finance policy," International Review of Economics & Finance, Elsevier, vol. 103(C).
    15. Zhang, Juan & Miao, Xiaoming & Shang, Tiantian, 2025. "Impact mechanism of digital transformation on supply chain resilience," Finance Research Letters, Elsevier, vol. 76(C).
    16. An, Qiguang & Wang, Yongkai & Liu, Feini & Wang, Ruoyu, 2025. "Does the integration of digital and real economies enhance corporate supply chain resilience? Evidence from China’s listed firms," Finance Research Letters, Elsevier, vol. 85(PA).
    17. Ren, Yu & Liu, Xiongfei & Zhang, YuLong & Zhu, Yi, 2024. "Gradual market development reforms and venture capital strategy adjustments: Evidence based on industrial chain innovation and development," Finance Research Letters, Elsevier, vol. 68(C).
    18. Guo, Xiao & Li, Rongxin, 2025. "Climate physical risks and corporate supply chain resilience: How do investor sentiment and risk-taking behaviors influence supply chain operations?," Finance Research Letters, Elsevier, vol. 85(PA).
    19. Yingjie Xu & Bingchao Zheng & Baojie Guo, 2025. "How Do Industrial Robots Affect the Total Factor Productivity in Manufacturing Enterprises?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(4), pages 14057-14093, October.
    20. Tan, Weijie & Tang, Qiuyu & Sun, Wanting & Du, Xuanyu, 2025. "Unintended consequences: Examining the effects of government digital regulation on corporate fintech innovation in China," Emerging Markets Review, Elsevier, vol. 64(C).

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reveco:v:97:y:2025:i:c:s1059056024007457. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620165 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.