Digital transformation, supply chain finance, and enterprise innovation

Wei Lei, Kaitao Tang, Jingfeng Shao and Feng Ran

Finance Research Letters, 2024, vol. 70, issue C

Abstract: This study uses Chinese A-share listed companies in Shanghai and Shenzhen from 2007 to 2022 as samples to explore the joint impact of digital transformation (DT) and supply chain finance (SCF) on corporate innovation. Results reveal that DT can significantly improve enterprise innovation while promoting the improvement of innovation quantity and quality, with research and development investment acting as a mediating factor. This study's analysis of the impact of SCF reveals that SCF can also promote enterprise innovation by improving synergies and serving as a substitute for DT.

Keywords: Digital transformation; Supply chain finance; Enterprise innovation; R&D investment; Synergy effects (search for similar items in EconPapers)
JEL-codes: D24 O32 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:70:y:2024:i:c:s1544612324012856

DOI: 10.1016/j.frl.2024.106256

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