The Sustainable Efficiency Improvement of Internet Companies under the Background of Digital Transformation

Lijuan Zuo, Hongchang Li, Hongyan Gao and Man Zhu
Additional contact information
Lijuan Zuo: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Hongchang Li: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Hongyan Gao: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Man Zhu: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China

Sustainability, 2022, vol. 14, issue 9, 1-16

Abstract: The digital economy is a driving force for economic growth in various countries. When the digital economy is deeply integrated with Internet companies, it also brings about great challenges to corporate innovation. This paper used the DEA-Malmquist model to measure the efficiency of the science and technology investment of 30 Internet-listed companies in China from 2011 to 2019, constructing a long-distance function and displaying the dynamic changes in the comparative efficiency of time and space. This research evaluated the digital maturity and digital experience of Internet companies under the continuous investment of science and technology, concluding that the investment in science and technology under the digital economy can improve the innovation efficiency of China’s Internet companies. Research shows that technology investment has a significant positive impact on the digitalization of Internet companies, but there is heterogeneity among different companies. Based on the theoretical research in this article and the empirical experience of in-depth digitalization, it also provides path suggestions for the in-depth development of digitalization of Internet companies. This research has important theoretical significance and practical value for further promoting the development of Internet companies and promoting the application of the digital economy.

Keywords: internet companies; digital economy; DEA-Malmquist model; science and technology input efficiency (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/2071-1050/14/9/5600/pdf (application/pdf)
https://www.mdpi.com/2071-1050/14/9/5600/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:9:p:5600-:d:809726

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().