Can digital transformation promote enterprise performance? —From the perspective of public policy and innovation

As a new enterprise development model, digitization is of great significance to the development of economy and society. Using the data of relevant listed companies from 2012 to 2020, the panel measurement model is used to investigate the relationship between digital transformation and enterprise performance to further reveal the internal law of whether digital transformation helps to stimulate innovation momentum. The results show that digital transformation has greatly improved the performance of enterprises, and it can stimulate the momentum of enterprise innovation. Reducing costs, increasing revenue, improving efficiency, and encouraging innovation are the main paths for digital transformation to enable…

• NN
  National Natural Science Foundation of China

  Awards: 71773041, 71973055, 72163008
• MO
  Ministry of Education of the People's Republic of China
• MP
  Major Program of National Fund of Philosophy and Social Science of China

  Award: 19ZDA121
• NS
  National Social Science Fund Youth Project

  Award: 19CTJ012
• HA
  Humanities and Social Science Fund of Ministry of Education of China

  Award: 21YJA790069