Impact of enterprise digital transformation on capacity utilization: Evidence from China

Based on empirical analysis of Chinese listed companies from 2010 to 2018, we demonstrate that enterprise digital transformation has a significant impact on improving capacity utilization. Digital transformation is a significant driving force behind enterprise-specific production and innovation. Fur...

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Bibliographic Details
Published in:PloS one 2023-03, Vol.18 (3), p.e0283249-e0283249
Main Authors: Zhao, Ning, Ren, Jianxin
Format: Article
Language:English
Subjects:
Analysis
Artificial intelligence
Big Data
Business enterprises
Business forms
Communication
Competition
Competitive advantage
Computer and Information Sciences
Digital technology
Digital transformation
Digitization
Economic aspects
Economic growth
Efficiency
Empirical analysis
Empowerment
Energy consumption
Engineering and Technology
Hypotheses
Industrial productivity
Influence
Information technology
Innovations
Management
Manufacturing
Methods
Physical Sciences
Productivity
R&D
Research & development
Research and Analysis Methods
Social Sciences
Specialization
Transformation
Transformations
Utilization
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Description
Summary:Based on empirical analysis of Chinese listed companies from 2010 to 2018, we demonstrate that enterprise digital transformation has a significant impact on improving capacity utilization. Digital transformation is a significant driving force behind enterprise-specific production and innovation. Furthermore, enterprise innovation and enterprise-specialized production play a mediating role in the impact of enterprise digital transformation on capacity utilization. Based on these baseline findings, heterogenous analysis reveals that the impact of digital transformation on capacity utilization is significant for firms with larger capital scales or poor governance and manufacturing abilities. However, it is less important for enterprises with small- and medium-sized capital scales or with more standardized governance, as well as non-manufacturing (service) enterprises.
ISSN:1932-6203
1932-6203
DOI:10.1371/journal.pone.0283249