The Impact of Digital Transformation on Enterprise Innovation Performance

Wuhan Britain-China School, Wuhan, China

^* Corresponding author: yanyan.stella.ma@gmail.com

Abstract

As globalization becomes more and more obvious, digital transformation has become a necessity for business growth. Innovation, as the core driving force for sustainable development, is always pursued by enterprises. However, the way digital transformation drives innovation in firms is still a subject of scholarly disagreement. As scholars’ understanding of digital transformation in academia was deepened and the measurement methods are similar, this paper will summarize the influence relationships of linear influence and inverted U-shaped influence in the current academia and outline the mediating and moderating roles affecting the two relationships. A well-calibrated degree of digitalization may contribute to improved innovation performance within enterprises. However, if the organization’s collaborative management capacity fails to align with the degree of digital advancement, it may lead to adverse effects. In addition, the internal characteristics and the external environment of enterprises, as well as macro policies, will also moderate the relationship. In future studies in this area, it is necessary to be wary of incomplete and unrepresentative descriptions in the data construction process.