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The differential impact of enterprise digital transformation on ambidextrous innovation: Evidence from China

Ting Li and Shengxu Xiong

International Review of Economics & Finance, 2025, vol. 103, issue C

Abstract: Based on patent application data from A-share listed companies on the Shanghai and Shenzhen stock exchanges in China between 2013 and 2022, this study examines the differential impact and mechanisms of enterprise digital transformation on ambidextrous innovation. The results show that enterprise digital transformation significantly promotes both exploratory and exploitative innovation, with a more pronounced effect on exploratory innovation. These conclusions remain valid after a series of robustness tests. Mechanism analysis reveals that intellectual capital mediates the relationship between digital transformation and exploratory innovation, while structural capital and human capital within intellectual capital mediate the relationship between digital transformation and exploitative innovation. This research provides theoretical insights into the relationship between enterprise digital transformation and ambidextrous innovation, along with practical recommendations for enterprises to enhance innovation through digital transformation.

Keywords: Digital transformation; Ambidextrous innovation; Intellectual capital; Organizational change (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:103:y:2025:i:c:s1059056025005994

DOI: 10.1016/j.iref.2025.104436

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