articleJournal of Innovation & KnowledgeJan 1, 2023GOLD OA

Exploring the effect of digital transformation on Firms’ innovation performance

Shanghai University of Finance and Economics · Birkbeck, University of London · +6 more institutions

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Abstract

The influence of digital industry and firm digitization on enterprise innovation has emerged as a critical research topic. To assess the impact of digital transformation on enhancing innovation output, we propose a game model of two organisations investing in digital transformation, analyze the index of enterprise digitalization level with Python tools for text analysis, and employ a fixed effect model. The findings indicate that firm digitalization and the level of regional digital industry innovation can both promote firm innovation. However, the regional digital industry innovation level can have a negative moderating effect on the firm digitalization innovation effect. Furthermore, the impact of firm…

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