Author(s)

Yuan Yuan ¹, Xiao Wang ¹

Affiliation(s)

¹ Taishan University, School of Economics and Management, Taian, Shandong, 271000, China

Corresponding Author

Yuan Yuan

ABSTRACT

At present, the rapid development of industrial internet platform has gradually become an important driving force for the high-quality development of enterprises. Based on the current situation of industrial internet development in Shandong province, the impact of industrial internet platform development on total factor productivity of enterprises was investigated. It is found that the development of industrial internet platforms significantly improves the total factor productivity level of enterprises, and this finding still holds after robustness tests and detailed analysis. Mechanism analysis shows that business process management optimization of industrial internet platforms is conducive to promoting total factor productivity of enterprises. At the same time, under the network effect of the industrial internet platform, promoting the construction of two integration has promoted the total factor productivity of enterprises, according to the age test of enterprises, the longer the survival time of enterprises, the more mature the development of market mechanism, and the more obvious the promoting effect.

KEYWORDS

Industrial Internet Platform, Total Factor Productivity, Digital Economy

CITE THIS PAPER

Yuan Yuan, Xiao Wang, Impact of Industrial Internet Platform Development on Total Factor Productivity of Enterprises. Industrial Engineering and Innovation Management (2022) Vol. 5: 44-54. DOI: http://dx.doi.org/10.23977/ieim.2022.051206.

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