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

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Digital Transformation and Innovation Performance of High-Tech Enterprises

Authors
Zheng Ying1, *, Cai Ting1, Liu Fei2
1Beijing Jiaotong University, Beijing, 100044, China
2Beijing Academy of Science and Technology, Beijing, 100044, China
*Corresponding author. Email: 23120735@bjtu.edu.cn
Corresponding Author
Zheng Ying
Available Online 5 May 2025.
DOI
10.2991/978-94-6463-702-1_13How to use a DOI?
Keywords
Digital transformation; Innovation performance; Dynamic capability; High-tech enterprises; DID method
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.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
5 May 2025
ISBN
978-94-6463-702-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-702-1_13How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zheng Ying
AU  - Cai Ting
AU  - Liu Fei
PY  - 2025
DA  - 2025/05/05
TI  - Digital Transformation and Innovation Performance of High-Tech Enterprises
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 123
EP  - 134
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_13
DO  - 10.2991/978-94-6463-702-1_13
ID  - Ying2025
ER  -