Intelligent transformation and sustainable innovation capability: Evidence from China

Siying Yang, Wenzhi Wang and Tao Ding

Finance Research Letters, 2023, vol. 55, issue PB

Abstract: Previous studies overlook the impact of intelligence on enterprises' sustainable innovation capability. Our study shows that intelligent transformation enhances this ability (both inputs and outputs). We mitigate endogeneity through the instrumental variable, and the conclusion remains robust. The optimization of human capital structure and technological diversification constitute the underlying channels through which intelligent transformation promotes enterprises’ sustainable innovation. Further research indicates that the sustainable innovation effect of intelligent transformation is more significant in state-owned enterprises. These findings deepen our understanding of the dynamic effects of intelligent transformation on innovation.

Keywords: Intelligent transformation; Sustainable innovation; Human capital structure; Technological diversification (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:55:y:2023:i:pb:s1544612323003355

DOI: 10.1016/j.frl.2023.103963

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