| Peer-Reviewed

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
Views:       Downloads:
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), 2024. Published by Science Publishing Group

Keywords

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

References
[1] Marion T J, Meyer M H, Barczak G. The influence of digital design and IT on modular product architecture J. Journal of Product Innovation Management, 2015, 32 (1): 98-110.
[2] Yang Y, Liu Y, Li Y. Substitution or Complementarity: The impact of AI application management on innovation J. Science Research Management, 2021, 42 (04): 46-54. (In Chinese).
[3] Wen H, Wang S. The impact of digital technology application on enterprise innovation J. Science Research Management: 1-12 [2022-03-30]. (In Chinese).
[4] Chen Q, Wan M, Wang Y. The impact of digital technology on enterprise dual innovation: an empirical test based on organizational life cycle J. Soft science, 2021, 35 (11): 92-98. (In Chinese).
[5] Wang H, Du M. Digital technology, employee participation and firm innovation performance J. Journal of Management Research., 2021, 33 (01): 138-148. (In Chinese).
[6] Chen Qingjiang, Wan Maofeng, Wang Yanmeng. The Impact of Digital Technology Application on Enterprise dual Innovation: An Empirical Test based on Organizational Life Cycle [J]. Soft Science, 201, 35 (11): 92-98.
[7] Gopalkrishnan S S. A new resource for social entrepreneurs: Technology J. American Journal of Management, 2013, 13 (1): 66-78. (In Chinese).
[8] Wen Huwei, Wang Shengyun. Research on the impact of digital technology application on enterprise innovation [J]. Science Research Management, 202, 43 (04): 66-74.
[9] Bi Xiaofang, Li Haiying, Song Xueru. The Impact of executive overconfidence on firm innovation: the mediating and moderating role of financial redundancy [J]. Science and Technology Progress and Countermeasures, 2016, 33 (07): 108-114.
[10] Xu Xiangyi, Li Tingting, Fang Zheng. The relationship between organizational redundancy and innovation input in private listed companies [J]. Journal of Shandong University (Philosophy and Social Sciences), 2020 (3): 120-135.
[11] Tang Song, Wu Xuchuan, Zhu Jia. Digital Finance and Corporate Technology Innovation - Structural Characteristics, Mechanism Identification and mechanism identification and differences in effects under financial regulation [J]. Management World, 2020, 36. (5): 52 - 66 + 9.
[12] Chen Jian, Huang Shuo, Liu Yunhui. From Empowerment to Enablement - Enterprise Operation Management in Digital Environment [J]. Operations Management in the Digital Environment [J]. Management World, 2020, 36 (2): 117 - 128 + 222.
[13] Chen Guoqing, Zeng Dajun, Wei Qiang, so on. Decision paradigm change and enabling innovation in the big data environment [J]. Manage World, 2020, 36 (2): 95-105 + 220.
[14] Wang Jinfeng, Wang Mengqi, Feng Lijie. External knowledge heterogeneity, knowledge diversity and breakthrough innovation performance ——— Based on the perspective of enterprise life cycle [J]. Soft Science, 2020, 34 (12): 14-19. (In Chinese).
[15] Chen Hong, Zhang Yu, and Liu Dongxia. Government subsidies, tax incentives and enterprise innovation performance ——— empirical research on different life cycle stages [J]. Nankai Management Review, 2019, 22 (3): 187-200. (In Chinese).
[16] Chen Jian, Huang Shuo, Liu Yunhui. From enabling to enabling enterprise operations management in the ——— digital environment [J]. Manage World, 2020, 36 (2): 117-128 + 222. (In Chinese).
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

    Copy | Download

    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

    Copy | Download

    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

    Copy | Download

  • @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}
    }
    

    Copy | Download

  • 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  - 

    Copy | Download

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

  • Sections