“…Existing studies have shown that corporate TFP can be elevated by improving technological progress and management efficiency [17]. Relying on new technologies like blockchain, big data, cloud computing, artificial intelligence (AI), and the Internet of things (IoT) [18][19][20], digital technology can improve the technical level and management efficiency of enterprises from various aspects, namely, technology, information, and platforms, thereby removing the obstacles to corporate TFP growth. erefore, TFP can be enhanced by the corporate digital transformation driven by digital technology.…”