Does smart transformation in manufacturing promote enterprise value chain upgrades?

Tao Li

Finance Research Letters, 2024, vol. 69, issue PA

Abstract: Intellectualization of manufacturing firms is crucial for facilitating the seamless integration of China's digital and real economies while achieving high-quality growth in the manufacturing industry. This study found that smart transformation significantly improved manufacturing firms’ value chain upgrades based on a sample of Chinese A-share listed companies from 2011 to 2022. This impact operates primarily by optimizing human resources and improving total factor productivity effects.

Keywords: Smart transformation; Value chain upgrading; Manufacturing enterprises (search for similar items in EconPapers)
JEL-codes: F13 G32 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pa:s154461232401153x

DOI: 10.1016/j.frl.2024.106124

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