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Investigating Relationship Between Digital Technology Application, Slack, and Enterprise Innovation Based on Mediating Effect Model

Received: 12 January 2023     Accepted: 2 February 2023     Published: 14 February 2023
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Abstract

With the rapid penetration of emerging digital technologies such as big data, artificial intelligence, cloud computing and mobile Internet at all levels of the economy and society, human society is accelerating into the era of digital economy. The deep integration of digital technologies with the real economy and the resulting reconfiguration of value creation logic have provided new momentum for high-quality economic and social development. Under the new wave of industrial technology revolution, more and more enterprises are making digital transformation a core strategy for establishing a new competitive advantage and achieving sustainable organisational growth. The application of digital technology has led to a profound change in the way social resources are allocated. The application of digital technology has triggered profound changes in the way society allocates resources and has further influenced all aspects of innovation activities. So, based on the data of A-share manufacturing enterprises listed in China from 2016 to 2020, we constructed a mediating effect model to empirically test the digital technology application on enterprise innovation and the intermediary effect through the slack. The results show that the application of digital technology has a significant facilitating effect on innovation. Secondly, slack has a significant mediating effect on the relationship between digital technology applications and enterprise innovation. Thirdly, the mediating effect of the application of digital technology on enterprise innovation through slack is significantly lower than the direct effect.

Published in Science Journal of Business and Management (Volume 11, Issue 1)
DOI 10.11648/j.sjbm.20231101.12
Page(s) 7-11
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Digital Technology Application, Slack, Enterprise Innovation, Mediating Effect Model

References
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Cite This Article
  • APA Style

    Jiangang Wu, Yu Xiao, Can Tian. (2023). Investigating Relationship Between Digital Technology Application, Slack, and Enterprise Innovation Based on Mediating Effect Model. Science Journal of Business and Management, 11(1), 7-11. https://doi.org/10.11648/j.sjbm.20231101.12

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    ACS Style

    Jiangang Wu; Yu Xiao; Can Tian. Investigating Relationship Between Digital Technology Application, Slack, and Enterprise Innovation Based on Mediating Effect Model. Sci. J. Bus. Manag. 2023, 11(1), 7-11. doi: 10.11648/j.sjbm.20231101.12

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    AMA Style

    Jiangang Wu, Yu Xiao, Can Tian. Investigating Relationship Between Digital Technology Application, Slack, and Enterprise Innovation Based on Mediating Effect Model. Sci J Bus Manag. 2023;11(1):7-11. doi: 10.11648/j.sjbm.20231101.12

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  • @article{10.11648/j.sjbm.20231101.12,
      author = {Jiangang Wu and Yu Xiao and Can Tian},
      title = {Investigating Relationship Between Digital Technology Application, Slack, and Enterprise Innovation Based on Mediating Effect Model},
      journal = {Science Journal of Business and Management},
      volume = {11},
      number = {1},
      pages = {7-11},
      doi = {10.11648/j.sjbm.20231101.12},
      url = {https://doi.org/10.11648/j.sjbm.20231101.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.20231101.12},
      abstract = {With the rapid penetration of emerging digital technologies such as big data, artificial intelligence, cloud computing and mobile Internet at all levels of the economy and society, human society is accelerating into the era of digital economy. The deep integration of digital technologies with the real economy and the resulting reconfiguration of value creation logic have provided new momentum for high-quality economic and social development. Under the new wave of industrial technology revolution, more and more enterprises are making digital transformation a core strategy for establishing a new competitive advantage and achieving sustainable organisational growth. The application of digital technology has led to a profound change in the way social resources are allocated. The application of digital technology has triggered profound changes in the way society allocates resources and has further influenced all aspects of innovation activities. So, based on the data of A-share manufacturing enterprises listed in China from 2016 to 2020, we constructed a mediating effect model to empirically test the digital technology application on enterprise innovation and the intermediary effect through the slack. The results show that the application of digital technology has a significant facilitating effect on innovation. Secondly, slack has a significant mediating effect on the relationship between digital technology applications and enterprise innovation. Thirdly, the mediating effect of the application of digital technology on enterprise innovation through slack is significantly lower than the direct effect.},
     year = {2023}
    }
    

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  • TY  - JOUR
    T1  - Investigating Relationship Between Digital Technology Application, Slack, and Enterprise Innovation Based on Mediating Effect Model
    AU  - Jiangang Wu
    AU  - Yu Xiao
    AU  - Can Tian
    Y1  - 2023/02/14
    PY  - 2023
    N1  - https://doi.org/10.11648/j.sjbm.20231101.12
    DO  - 10.11648/j.sjbm.20231101.12
    T2  - Science Journal of Business and Management
    JF  - Science Journal of Business and Management
    JO  - Science Journal of Business and Management
    SP  - 7
    EP  - 11
    PB  - Science Publishing Group
    SN  - 2331-0634
    UR  - https://doi.org/10.11648/j.sjbm.20231101.12
    AB  - With the rapid penetration of emerging digital technologies such as big data, artificial intelligence, cloud computing and mobile Internet at all levels of the economy and society, human society is accelerating into the era of digital economy. The deep integration of digital technologies with the real economy and the resulting reconfiguration of value creation logic have provided new momentum for high-quality economic and social development. Under the new wave of industrial technology revolution, more and more enterprises are making digital transformation a core strategy for establishing a new competitive advantage and achieving sustainable organisational growth. The application of digital technology has led to a profound change in the way social resources are allocated. The application of digital technology has triggered profound changes in the way society allocates resources and has further influenced all aspects of innovation activities. So, based on the data of A-share manufacturing enterprises listed in China from 2016 to 2020, we constructed a mediating effect model to empirically test the digital technology application on enterprise innovation and the intermediary effect through the slack. The results show that the application of digital technology has a significant facilitating effect on innovation. Secondly, slack has a significant mediating effect on the relationship between digital technology applications and enterprise innovation. Thirdly, the mediating effect of the application of digital technology on enterprise innovation through slack is significantly lower than the direct effect.
    VL  - 11
    IS  - 1
    ER  - 

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Author Information
  • School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China

  • School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China

  • School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China

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