Corporations’ digital attitude and digital technology innovation: Are the heart and mouth in agreement or not?

Weijian Du and Mengjie Li

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

Abstract: In the “what to say–how to say it–what to do” context, this study uses the sample data of Chinese listed companies to investigate the relationship between digital attitude and digital technology innovation. This study shows that the importance given to digitalization and the optimism listed companies toward digitalization increase digital patent applications through the R&D investment, financing constraints and scale expansion. Additionally, digital word frequency promotes the digital innovation of other firms, whereas digital tone promotes only the digital technology innovation of other firms in the same industry. This study helps open the “black box” of companies’ digital actions.

Keywords: Digital attitude; Word frequency and tone; Digital technology innovation; Contagion effect (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:s1544612325001746

DOI: 10.1016/j.frl.2025.106910

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