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Intelligent Technology, COVID-19 and Corporate Innovation

In: Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

Author

Listed:
  • Junhao Xu

    (University of Macau, Faculty of Social Science)

  • Junlin Zhou

    (Hebei University, School of Economics)

Abstract

The study focus on whether the digital economy impacts the effect of epidemic on the enterprises’ innovation performance. We raised the question of innovation at the micro level. In today’s pandemic, it is essential to give innovators some experience and ideas at the micro level. So our answer to this question is valuable. Through empirical study, we find that the digital economy increases the impact. We listed typical cases of technological innovation from Amazon and JINGdong, analyzed the similarities and differences in these cases, and summarized some directions and experiences of technological innovation during the epidemic. Finally, Through empirical research on the interaction between COVID-19 and the digital economy, we find that the digital economy improve the positive impact of COVID-19 on innovation. We suspect that the digital economy will improve the flexibility of corporate decision-making. We concluded that the innovation needed today is no longer aimless innovation, but innovation with a purpose.

Suggested Citation

  • Junhao Xu & Junlin Zhou, 2022. "Intelligent Technology, COVID-19 and Corporate Innovation," Advances in Economics, Business and Management Research, in: Faruk Balli & Au Yong Hui Nee & Sikandar Ali Qalati (ed.), Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), pages 1250-1259, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-052-7_139
    DOI: 10.2991/978-94-6463-052-7_139
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