Digital Innovation, Dynamic Capabilities and Enterprise Innovation Performance<br/>—Empirical Analysis from China’s A-Share Listed Companies from 2010-2021 — Oak Academic Publishing
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Digital Innovation, Dynamic Capabilities and Enterprise Innovation Performance<br/>—Empirical Analysis from China’s A-Share Listed Companies from 2010-2021
School of Business, Zhengzhou University of Aeronautics, Zhengzhou, China
1 School of Business, Zhengzhou University of Aeronautics, Zhengzhou, China
Using data from Chinese A-share listed companies from 2010-2021, this paper empirically analyzes how digital innovation affects enterprise innovation performance the role of dynamic capabilities in it, and analyzes the impact of institutional environment and enterprise size heterogeneity. The study shows that: digital innovation has a significant promoting effect on enterprise innovation performance, and the three sub-dimensions of dynamic capabilities, absorptive capability, innovative capability and adaptive capability, all play a mediating role in this relationship. Compared with regions with better institutional environments, digital innovation in poorer institutional environments is more likely to promote enterprise innovation performance; compared with small and medium-sized firms, digital innovation has a more obvious promoting effect on the innovation performance of large-scale enterprises. This study contributes to the body of knowledge regarding the connection between digital innovation and enterprise innovation performance, and can provide useful reference for the formulation of digital innovation policy and enterprise innovation performance management in China.
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