Effect of servitization on performance in manufacturing firms: A mediating effect model of digitalisation moderated by ESG performance

Miao, Ying; Shi, Yue; Jing, Hao

doi:10.1016/j.heliyon.2023.e20831

Cited by 5 publications

(2 citation statements)

References 34 publications

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“…Our research focuses on the digital transformation happening in manufacturing enterprises, thus, digital transformation here in our research means the changes in processes through digital technologies in manufacturing firms such as artificial intelligence technology, big data technology, and cloud computing technology. Digital transformation can not only promote enterprise performance (Miao et al. , 2023) to bring about an increase in enterprise value (Li, 2023), but also promote the share of labor income of employees, and promote the common prosperity of enterprises and employees in manufacturing firms.…”

Section: Research Hypothesismentioning

confidence: 99%

Effect of digital transformation on labor income share in manufacturing enterprises: insights from technological innovation and industry–university–research collaborations

Miao,

Shi,

Jing

2024

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PurposeThis study investigates the relationships among digital transformation, technological innovation, industry–university–research collaborations and labor income share in manufacturing firms.Design/methodology/approachThe relationships are tested using an empirical method, constructing regression models, by collecting 1,240 manufacturing firms and 9,029 items listed on the A-share market in China from 2013 to 2020.FindingsThe results indicate that digital transformation has a positive effect on manufacturing companies’ labor income share. Technological innovation can mediate the effect of digital transformation on labor income share. Industry–university–research cooperation can positively moderate the promotion effect of digital transformation on labor income share but cannot moderate the mediating effect of technological innovation. Heterogeneity analysis also found that firms without service-based transformation and nonstate-owned firms are better able to increase their labor income share through digital transformation.Originality/valueThis study provides a new path to increase the labor income share of enterprises to achieve common prosperity, which is important for manufacturing enterprises to better transform and upgrade to achieve high-quality development.

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Section: Research Hypothesismentioning

confidence: 99%

Effect of digital transformation on labor income share in manufacturing enterprises: insights from technological innovation and industry–university–research collaborations

Miao,

Shi,

Jing

2024

Self Cite

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“…To investigate the indirect impact mechanism of the DE on industrial green transformation and upgrading, energy and resource utilisation and technological innovation were introduced as mechanism variables, as shown in Eqs ( 5)-( 10) (Zhonglin and Baojuan, 2014;Miao et al, 2023).…”

Section: Mediating Effect Modelmentioning

confidence: 99%

Mechanism testing of the empowerment of green transformation and upgrading of industry by the digital economy in China

Liu,

Zhao

2024

Front. Environ. Sci.

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With the continuous advancement of industrialization, global environmental problems are becoming increasingly severe. Maintaining economic growth while improving the environment has been an important issue for many countries, especially developing countries. As industry is a major source of environmental pollution, industrial green transformation and upgrading have become particularly important. In the era of the digital economy (DE), there is a new path for industrial green transformation and upgrading. Based on provincial data on industry from 2008 to 2021, a difference-in-differences (DID) model was constructed to analyze the environmental and economic benefits. New pathways for trade-offs between environmental improvement and economic growth in China are presented. In addition, new ideas are concerning global environmental issues and economic issues in the DE are presented. The present study indicates that the DE has reduced the intensity of pollution emissions and elevated total factor productivity (TFP), which has helped to promote industrial green transformation and upgrading. Further mechanism testing showed that the DE has promoted industrial green transformation and upgrading by improving the utilization of energy and resources and promoting technological innovation. Considering the utilization of energy and resources, the DE has decreased China’s total industrial consumption of energy and coal, reduced industrial water consumption, and reduced the share of coal consumption and increased the share of clean energy consumption in China’s total industrial energy consumption; these effects have optimized the efficiency and structure of China’s energy utilization to contribute to the green transformation and upgrading of industry. Regarding technological innovation, the development of the DE has increased industrial innovation output and R&D input. Furthermore, it has promoted innovation with respect to green processes, accelerating technological innovation, and realized industrial green transformation and upgrading.

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Can Esg Performance Drive Firm Innovation? The Mediating Role of Ai Adoption and Digital Transformation — Evidence From China

2024

Int. J. Innov. Mgt.

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The effectiveness of Environmental, Social, and Governance (ESG) on corporate performance is an area of growing interest with significant practical implications. However, the role of ESG in fostering corporate innovation has received limited attention, and the mechanisms through which ESG factors influence innovation performance remain inadequately understood. This paper empirically investigates the impact and mechanisms of ESG performance on corporate innovation capabilities using a sample of Chinese A-share listed companies from 2010 to 2021. The results indicate that ESG performance significantly enhances corporate innovation capacity, mediated by the degree of artificial intelligence (AI) adoption and digital transformation. By employing the concept of organisational innovation, this study elucidates the mechanisms of ESG factors on innovation performance, addressing a significant gap in the existing research. The findings offer valuable insights for enterprises aiming to improve their competitive advantage and provide a crucial foundation for policymakers seeking to enhance corporate innovation through targeted reforms.

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Effect of servitization on performance in manufacturing firms: A mediating effect model of digitalisation moderated by ESG performance

Cited by 5 publications

References 34 publications

Effect of digital transformation on labor income share in manufacturing enterprises: insights from technological innovation and industry–university–research collaborations

Effect of digital transformation on labor income share in manufacturing enterprises: insights from technological innovation and industry–university–research collaborations

Mechanism testing of the empowerment of green transformation and upgrading of industry by the digital economy in China

Can Esg Performance Drive Firm Innovation? The Mediating Role of Ai Adoption and Digital Transformation — Evidence From China

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