Keywords
enterprise digital transformation, social capital, dynamic capability, manufacturing enterprise
Abstract
The digital transformation of enterprises is an inevitable development trend in the future. Based on the sample of 2010—2020 Shanghai and Shenzhen A-share listed companies, this article uses financial data to measure social capital, identifies the keywords of the company's annual report through Python text analysis to measure the digital transformation level, and empirically tests the impact of social capital on the digital transformation of enterprises. The empirical results found that the government relationship capital and customer relationship capital in social capital significantly negatively affect the level of digital transformation, competitor relationship capital, supplier relationship capital and employee relationship capital can significantly improve the level of digital transformation, and the dynamic ability of enterprises will enhance the impact of government relationship capital, competitor relationship capital and employee relationship capital, and weaken the negative impact of customer relationship capital. In addition, through the heterogeneity test of enterprise ownership and scientific and technological attributes, it is found that social capital plays a more significant role in non-state-owned enterprises and high-tech enterprises. This article provides a reference basis for enterprise decision-making and government policy-making.
DOI
10.16315/j.stm.2022.05.005
Recommended Citation
XIE, Xue-mei and TONG, Yu-hui
(2022)
"Research on the impact of social capital on manufacturing enterprises digital transformation,"
Journal of Science and Technology Management: Vol. 24:
Iss.
5, Article 4.
DOI: 10.16315/j.stm.2022.05.005
Available at:
https://jstm.researchcommons.org/journal/vol24/iss5/4
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
