Author(s)

Chang Liu ¹, Juan Feng ², Yuzhen Jia ³, Jing Gao ³

Affiliation(s)

¹ Woosong University, Daejeon, 34606, Korea
² Yulin Human Resources and Social Security Bureau, Yulin, Shaanxi, 719000, China
³ Yulin University, Yulin, Shaanxi, 719000, China

Corresponding Author

Juan Feng

ABSTRACT

This study examines the impact of digital empowerment on firm performance and analyses in depth the mediating role of dual innovation in it. With the rapid development of digital technology, digital empowerment has become an important way for enterprises to improve their performance. Through a combination of theoretical analysis and empirical research, this paper reveals how digital empowerment indirectly enhances firm performance through dual innovation-i.e., exploitative innovation and exploratory innovation. It is found that digital empowerment not only directly affects the operational efficiency and market competitiveness of firms, but also strengthens the innovation capability of firms through the mediating variable of dual innovation, which in turn has a significant positive effect on firm performance. The findings of this paper provide theoretical and practical guidance on how enterprises can effectively use new technologies to enhance performance in the digital era.

KEYWORDS

Digital empowerment, dual innovation, business performance

CITE THIS PAPER

Chang Liu, Juan Feng, Yuzhen Jia, Jing Gao, Digital empowerment and firm performance: The mediating role of dual innovation. Accounting and Corporate Management (2024) Vol. 6: 207-211. DOI: http://dx.doi.org/10.23977/acccm.2024.060325.

REFERENCES

[1] Liang Lingling, Li Ye, Chen Song. The impact of digital intelligence empowerment on corporate open innovation: The mediating role of digital intelligence dual capabilities and resource compounding efficiency[J]. Technological Economy, 2022, 41(6):11.
[2] Xiao Renqiao, Shen Jiajia, Qian Li. Impact of digitisation level on firms' new product development performance - the mediating role of dual innovation capability[J]. Science and Technology Progress and Countermeasures, 2021, 38(24):106-115.

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