How does digital transformation enhance industrial chain resilience? Evidence from China

Kaili Sun, Haohan Wang and Shengchao Ye

Finance Research Letters, 2025, vol. 75, issue C

Abstract: Digital transformation presents a crucial opportunity to strengthen industrial chain resilience in the shifting global economic and political landscape. This paper constructs a micro evaluation index system for industrial chain resilience, takes China's A-share manufacturing listed companies from 2015 to 2022 as research samples, and empirically analyzes the impact and mechanism of digital transformation on industrial chain resilience. The key findings are as follows: digital transformation significantly enhances industrial chain resilience. Digital transformation fosters diversification in upstream cooperation and drives substantive innovation, thereby strengthening industrial chain resilience. The effects are more pronounced in technology-intensive industries and state-owned enterprises. The insights from this paper provide valuable references for seizing digital opportunities and enhancing economic security.

Keywords: Digital transformation; Industrial chain resilience; Diversified cooperation; Supplier concentration; Core competitiveness; Substantive innovation (search for similar items in EconPapers)
JEL-codes: C18 D22 L11 L14 L25 L60 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:75:y:2025:i:c:s1544612325001606

DOI: 10.1016/j.frl.2025.106896

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