A study of digital transformation and MSMEs performance from a spatial perspective: Evidence from China

• Autorzy: Bing Zheng , Yuqing Yuan , Huizhuan Li , Yihan Jiang
• Języki publikacji: EN

Abstrakty

EN

Aim/purpose - Not only have micro, small, and medium enterprises (MSMEs) been regarded as a driving force of the national economy, but they have also become important in promoting innovation and entrepreneurship. In general, today's MSMEs face problems, such as high business costs, insufficient innovation, and inadequate management capabilities, that have all forced the digital transformation of MSMEs. However, in existing studies, the impact of digital transformation on performance is controversial, and the subjects are generally listed companies. In this paper, we have decided to use micro business survey data and analyze them from a spatial perspective to explore how MSMEs' digital transformation plays a role in influencing performance and the path of its effect. Design/methodology/approach - We use a sampling method with a dual directory-regional sampling frame to investigate MSMEs in Ningbo City, Zhejiang Province, China and then delve into the impact of digital transformation on enterprise performance from a spatial perspective by the spatial weighted logit model. Findings - Hierarchical analysis shows that there is a large room for improvement in the Digital transformation of enterprises. The digitalization level of an enterprise has a positive impact on performance. While from a spatial perspective, the digitalization level of neighboring enterprises has a negative impact on the performance of the enterprise. Path analysis shows that the digital transformation of enterprises can increase innovation, reduce costs, and improve the performance of enterprises. Originality/value - We provide an empirical basis for vigorously promoting the digital transformation of enterprises, jointly building digital parks, and improving enterprise performance by reducing costs and improving efficiency. At the same time, it provides relevant suggestions for digital transformation for manufacturing MSMEs that are hesitant to see or are at a loss in the digital transformation and helps manufacturing MSMEs to achieve cost reduction and increase efficiency.(original abstract)

Słowa kluczowe

EN

Small business; Digital transformation; Labour efficiency

PL

Małe i średnie przedsiębiorstwa; Transformacja cyfrowa; Wydajność pracy

• Czasopismo: Journal of Economics & Management / University of Economics in Katowice
• Rocznik: 2023
• Numer: nr 45
• Strony: 319--343

Twórcy

autor

Bing Zheng

• Zhejiang Sci-Tech University, Hangzhou, China

autor

Yuqing Yuan

• Beijing Normal University, Beijing, China

autor

Huizhuan Li

• Guangxi Normal University, Guilin, China

autor

Yihan Jiang

• Zhejiang Sci-Tech University, China

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Identyfikatory

DOI

10.22367/jem.2023.45.13