Enhancing digital transformation: exploring the role of supply chain diversification and dynamic capabilities in Chinese companies
Industrial Management & Data Systems
ISSN: 0263-5577
Article publication date: 28 June 2024
Issue publication date: 9 July 2024
Abstract
Purpose
Drawing upon the extended resource-based view (ERBV), this research aims to examine the effects of supply chain diversification (SCD) on enterprise digital transformation (DT), focusing on the external perspective of the supply chain.
Design/methodology/approach
Leveraging panel data from Chinese A-share listed companies from 2015 to 2022, this research employs multiple regression analysis to empirically examine the relationship between SCD and enterprise DT.
Findings
The results of analysis indicate that: (1) SCD positively influences enterprise DT, a relationship that persists even after rigorous endogenous and serial robustness testing. (2) SCD fosters enterprise DT by bolstering its absorption, innovation, and adaptive capabilities. (3) Executive risk preferences and Pilot Policies positively mediate the effects of SCD on enterprise DT.
Originality/value
This research provides novel empirical insights into the underlying mechanism linking SCD and enterprise DT. The findings offer valuable guidance for enterprises seeking to optimize supply chain management and embrace DT, while also informing policymakers on strategies to facilitate SCD and DT enhancement among enterprises.
Keywords
Acknowledgements
We would like to thank Prof. Hing Kai Chan, the editor of this manuscript, and two anonymous reviewers for their constructive comments to improve the manuscript. This work was supported by the [Chongqing Social Science Planning Project] under Grant [Number 2023NDYB73], the Humanities and Social Sciences Planning Fund of Ministry of Education under Grant [Number 23YJA630024] and Research and Innovation Program for Graduate Students in Chongqing under Grant [Number 2023B0008].
Citation
Feng, M. and Wang, T. (2024), "Enhancing digital transformation: exploring the role of supply chain diversification and dynamic capabilities in Chinese companies", Industrial Management & Data Systems, Vol. 124 No. 7, pp. 2467-2496. https://doi.org/10.1108/IMDS-11-2023-0837
Publisher
:Emerald Publishing Limited
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