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Study on the Impact Factors of Digital Transformation on Dual Innovation in Manufacturing Enterprises

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DOI: 10.23977/ieim.2023.060308 | Downloads: 10 | Views: 452

Author(s)

Jiaqi Yang 1, Wenchang Liu 1, Xiaofen Zhang 2, Ming Liu 1

Affiliation(s)

1 School of Economics and Management, Liaoning University of Technology, Jinzhou, Liaoning, 121001, China
2 School of Economics and Management, Shenyang Ligong University, Shenyang, Liaoning, 110168, China

Corresponding Author

Xiaofen Zhang

ABSTRACT

Digital technology is rapidly becoming a new engine of business growth. Digital transformation of manufacturing enterprises is a must-answer question to transform production methods and promote high-quality development of manufacturing enterprises. Digital transformation can not only promote the deep application of digital technology in the whole process and field of manufacturing enterprises, cultivate new business models such as network research and development, personalized customization, and flexible production, but also improve the efficiency of resource management, thus promoting the development of exploratory innovation and utilization innovation of manufacturing enterprises. Exploratory innovation and utilization innovation differ greatly in terms of technology application, resource requirements and risks involved, and the impact of digital transformation on both of them cannot be generalized. Therefore, the analysis of the mechanism between digital transformation and dual innovation of manufacturing enterprises can not only provide practical experience for the linkage of dual innovation and digital transformation of manufacturing enterprises, but also provide suggestions for the government to improve the policy system, which has certain practical and theoretical significance.

KEYWORDS

Manufacturing companies, digital transformation, exploratory innovation, exploitative innovation

CITE THIS PAPER

Jiaqi Yang, Wenchang Liu, Xiaofen Zhang, Ming Liu, Study on the Impact Factors of Digital Transformation on Dual Innovation in Manufacturing Enterprises. Industrial Engineering and Innovation Management (2023) Vol. 6: 51-58. DOI: http://dx.doi.org/10.23977/ieim.2023.060308.

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