Impact of Enterprise Digital Transformation on Key Core Technology Innovation: The Mediating Effect of Total Factor Productivity

Main Article Content

Shunxin Qin

Keywords

digital transformation, key core technology, total factor productivity, high-tech industry

Abstract

Digital transformation, by introducing a series of cutting-edge technologies, provides developmental trajectories and innovative pathways for key core technologies, which serve as strategic fulcrums of national competitiveness. This study uses data from listed high-tech manufacturing enterprises in 2014
- 2023 as its research sample to empirically examine the impact of digital transformation on key core new technology innovation and the mediating effect of total factor productivity. The findings indicate that digital transformation can significantly enhance innovation in key core technologies. Furthermore, analysis of the underlying mechanisms demonstrates that digital transformation can improve key core technology innovation by increasing total factor productivity. In this regard, this paper proposes the following recommendations: 1) Strengthen digital technology research and developemt (R&D) investment and enhance independent innovation capability. 2) Promote industrial digital transformation and foster coordinated development across upstream and downstream sectors. 3) Advance market-oriented reforms of factors and improve the efficiency of macroecnomic resource allocation.
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