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Digital Transformation and Innovation Performance of High-Tech Enterprises

In: Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)

Author

Listed:
  • Zheng Ying

    (Beijing Jiaotong University)

  • Cai Ting

    (Beijing Jiaotong University)

  • Liu Fei

    (Beijing Academy of Science and Technology)

Abstract

With the rapid development of digital economy, digital transformation strategy of enterprises has become a key way to enhance market competitive advantage. The high-tech enterprises listed in Shanghai and Shenzhen A-share markets from 2008–2022 are selected as sample cases, and the empirical analysis using DID method shows that: (1) digital transformation promotes the innovation performance of high-tech enterprises; (2) Digital transformation promotes innovation and adaptability of high-tech enterprises; (3) Innovation ability and adaptability promote the innovation performance of high-tech enterprises; (4) Dynamic capability plays a partial mediating role between digital transformation and innovation performance of high-tech enterprises. Heterogeneity analysis shows that different types of high-tech enterprises may have different response patterns in the improvement of digital transformation on innovation performance. The article provides a new perspective and evidence for the study of digital transformation and innovation performance of high-tech enterprises, and provides management suggestions for their future innovation development.

Suggested Citation

  • Zheng Ying & Cai Ting & Liu Fei, 2025. "Digital Transformation and Innovation Performance of High-Tech Enterprises," Advances in Economics, Business and Management Research, in: Maizaitulaidawati Md Husin & Tomoki Fujii & Xiaodong Lai & Azlina Binti Md Yassin (ed.), Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025), pages 123-134, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-702-1_13
    DOI: 10.2991/978-94-6463-702-1_13
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