Network embeddedness, digital transformation, and enterprise performance—The moderating effect of top managerial cognition

Li, Yue; Fei, Guo Zhen

doi:10.3389/fpsyg.2023.1098974

Cited by 6 publications

(7 citation statements)

References 53 publications

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“…Digital innovation is then further encouraged by digital transformation (Almaazmi et al, 2021). Previous research results have shown that digital transformation has an impact on digital innovation (Li & Fei, 2023;Juhász et al, 2022). The following research hypothesis is then put forth: H1.…”

Section: Digital Transformation and Digital Innovationmentioning

confidence: 97%

“…Digital innovation encourages the development of new products built on cutting-edge technologies, adding value and giving companies a stronger competitive edge (Khin & Ho, 2019). Effective digital innovation tends to improve new product development, strengthen brand image, produce better goods and services, and boost dependability for businesses (Li & Fei, 2023). The performance of the company is then improved by digital innovation (Chen et al, 2023).…”

Section: Digital Innovation and Firm Performancementioning

confidence: 99%

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Digital transformation toward sustainable development in Vietnamese small and medium enterprises

Sang

2023

Management &Amp; Marketing

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Digital transformation is not just a fad, it is also a significant opportunity for businesses to streamline processes, provide customers with value, and boost productivity. The research was conducted to understand the impact of digital transformation on the firm performance of Vietnamese small and medium enterprises. The number of survey samples is 930 and the SEM method is used to process data using SmartPLS 4.0 software. Research results show that digital transformation has a positive impact on business performance. The research results also confirm the mediating role of digital innovation and the moderating role of CSR for customers. This study clarifies the connection between digital information and firm performance in Vietnamese small and medium-sized enterprises, diversifying the results of business performance analysis. Additionally, businesses can use the research findings as a springboard to develop strategies for deploying digital activities that contribute to sustainable development.

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Section: Digital Transformation and Digital Innovationmentioning

confidence: 97%

Section: Digital Innovation and Firm Performancementioning

confidence: 99%

Digital transformation toward sustainable development in Vietnamese small and medium enterprises

Sang

2023

Management &Amp; Marketing

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“…Digital transformation (DT) is defined by various authors as the utilization of new digital technologies, such as social media, mobile, analytics, or embedded devices, to enable significant business improvements (Chanias & Hess, 2016;Fitzgerald et al, 2013;Horlacher & Hess, 2016). These business enhancements may include enhancing customer experience, streamlining operations, creating new business models, and the creation of innovative services (Bekkhus, 2016;Guo et al, 2023;Leischnig et al, 2016;Li, 2022;Li & Fei, 2023;Martínez-Caro et al, 2020;Park & Saraf, 2016;Piccinini et al, 2015;Saldanha et al, 2018;Singh et al, 2021;Yu et al, 2021;Zhai et al, 2022). Digital transformation has brought about significant changes in business processes, and the ability to adapt quickly has emerged as a crucial factor for competitiveness and innovation (Teece, 2020).…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Enhancing banking performance through dynamic digital transformation capabilities and governance, risk management, and compliance: Insights from the Indonesian context

Abdurrahman,

Gustomo,

Prasetio

2023

E J Info Sys Dev Countries

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Digital transformation (DT) is a crucial strategic initiative for organizations to rectify output, adapt, and keep up with the digital economy. Dynamic capability (DC) is a widely‐used model for managing opportunities and risks from digital transformation. However, there is a lack of research examining the measurement and relationship between the primary activities of dynamic capability and DT, especially within the banking sector. Acknowledging the importance of DC, we propose this research which emphasizes the significance of sensing, seizing, and transforming aptitudes in promoting DT and improving banking performance. Within this study, we specifically investigate the role of governance, risk management, and compliance (GRC) factors. By utilizing structured equation modeling (SEM) and analyzing data from 322 respondents representing 45 banks in Indonesia, our empirical findings demonstrate that all three DC activities have a significant influence on DT, in which sensing activity has the biggest impact, followed by transforming and seizing. Furthermore, we reveal that DT acts as an intermediary between DC activities and banking performance, and GRC factors further enhance the impact of DT on organizational performance. Our research offers valuable insights to assist banks in prioritizing essential capabilities, including GRC, to enhance overall performance through dynamic digital transformation capabilities.

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“…Prior research verified the DT effect on enterprise performance (Li and Fei, 2023;Ren et al, 2023), Corporate Social Performance (Meng et al, 2022), corporate sustainability (Zhang et al, 2022). However, few researchers investigated the effect on innovation performance.…”

Section: Introductionmentioning

confidence: 98%

“…Zhang et al (2022) tested the relationship between digital transformation and corporate sustainability. Li and Fei (2023) suggested that DT is positively associated with a firm's performance and network embeddedness plays a mediation role.…”

Section: Introductionmentioning

confidence: 99%

Effect of digital transformation on innovation performance in China: corporate social responsibility as a moderator

Lei

Yan

2023

Front. Environ. Sci.

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Introduction: In the digital economy, digital transformation (DT) is a deliberate decision to improve organizational procedures, alter production processes, introduce precision marketing, and more, ultimately impacting how well businesses innovate. This is why the current article investigates the effect of DT and the firm’s innovation performance and the boundary condition of corporate social responsibility (CRS).Method: This study proposed a conceptual research model for the effect of DT on innovation performance and discussed the boundary condition of CRS. We collected China’s listed A-share firms’ data to examine the proposed hypotheses statistically. After Hausman test, the current study adopted fixed-effect regression, examined the heterogeneity issues resulting from different industry classifications, and robustness test for the correctness of the results.Results and Implications: The following main conclusions are drawn: 1) DT can significantly enhance product innovation performance; 2) DT can significantly improve process innovation performance; 3) There is a time lag effect on the innovation performance (both product and process innovation performance) of the previous period on the innovation performance of the current period; 4) CSR positively moderates the role of DT on innovation performance; and 5) The impact of DT is heterogeneous across industries and patent. This study not only enriched the literature on DT and innovation performance but also provided the guidelines to promote digital transformation at the firm level.

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Network embeddedness, digital transformation, and enterprise performance—The moderating effect of top managerial cognition

Cited by 6 publications

References 53 publications

Digital transformation toward sustainable development in Vietnamese small and medium enterprises

Digital transformation toward sustainable development in Vietnamese small and medium enterprises

Enhancing banking performance through dynamic digital transformation capabilities and governance, risk management, and compliance: Insights from the Indonesian context

Effect of digital transformation on innovation performance in China: corporate social responsibility as a moderator

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