Journal of Guizhou University of Finance and Economics ›› 2025 ›› Issue (04): 1-11.

   

How Digital Transformation Can Improve the Resilience of High-tech Manufacturing Enterprises -Mediating Effect Based on Dynamic Capabilities

ZHANG Hongchang1,2, DING Rui2   

  1. 1. Institute of Green Development Strategy, Guizhou University of Finance and Economics, Guiyang, Guizhou 550025, China;
    2. School of Applied Economics, Guizhou University of Finance and Economics, Guiyang, Guizhou 550025, China
  • Received:2024-03-25 Published:2025-07-17

Abstract: Creating new competitive advantages through digital transformation is an important means for my country to enhance the resilience and security of its industrial chain and supply chain.Based on the panel data from 2011 to 2022, this paper empirically analyzes the impact and mechanism of digital transformation on the resilience of high-tech manufacturing enterprises.The study shows that: First, digital transformation has a positive effect on the resilience of high-tech manufacturing enterprises. The conclusion still holds after using the instrumental variable method to solve the endogeneity problem and conducting a robustness test, and there are certain differences for different enterprises, regions, and industries. Second, the industrial chain association plays a positive regulatory role between digital transformation and the resilience of high-tech manufacturing enterprises; absorptive capacity, adaptability, and innovation capacity play a mediating role in digital transformation and the resilience of high-tech manufacturing enterprises. Third, there is a threshold effect between digital transformation and the resilience of high-tech manufacturing enterprises. The research conclusions help to clarify the relationship between digital transformation and the resilience of high-tech manufacturing enterprises, and provide important theoretical support and policy guidance for formulating reasonable digital policies, revealing the mechanism of digital transformation in enhancing the resilience of high-tech manufacturing enterprises, and promoting the resilience of high-tech manufacturing enterprises.

Key words: digital transformation, industrial chain linkage, high-tech manufacturing enterprises resilience, dynamic capabilities

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