Digital Technology Driving Exploratory Innovation in the Enterprise: A Mediated Model with Moderation

Emerging digital technologies, with their great advantages in resource convergence, opportunity identification, supply-demand docking and knowledge sharing, are breaking and subverting traditional business concepts and providing a new impetus and opportunities for enterprise innovation activities. T...

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Main Authors: Jian-Li Gao, Yang Chen, Xiao-Qing Zhang
Format: Article
Language:English
Published: MDPI AG 2023-02-01
Series:Systems
Subjects:
Online Access:https://www.mdpi.com/2079-8954/11/3/118
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author Jian-Li Gao
Yang Chen
Xiao-Qing Zhang
author_facet Jian-Li Gao
Yang Chen
Xiao-Qing Zhang
author_sort Jian-Li Gao
collection DOAJ
description Emerging digital technologies, with their great advantages in resource convergence, opportunity identification, supply-demand docking and knowledge sharing, are breaking and subverting traditional business concepts and providing a new impetus and opportunities for enterprise innovation activities. Therefore, it is valuable to explore how digital technology affects exploratory innovation to gain a sustainable competitive advantage in a dynamic and changing market environment. Based on data from Chinese A-share high-tech manufacturing listed companies from 2012 to 2020, this paper empirically tests the impact of digital technology on enterprise exploratory innovation by using a fixed effects negative binomial regression model and further explores the intermediate mechanism and boundary conditions between the two. The results show that digital technology has a significant positive impact on enterprise exploratory innovation, and that knowledge breadth plays a mediating role; high network centrality can effectively strengthen the positive impact of digital technology on enterprise knowledge breadth, thus promoting enterprise exploratory innovation. The conclusion enriches and expands the theoretical and empirical research on the driving effect of digital technology innovation, and provides strong practical guidance for encouraging enterprises to achieve exploratory innovation.
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spelling doaj.art-915e5c782b6441beb63d9d8c865bc6312023-11-17T14:10:58ZengMDPI AGSystems2079-89542023-02-0111311810.3390/systems11030118Digital Technology Driving Exploratory Innovation in the Enterprise: A Mediated Model with ModerationJian-Li Gao0Yang Chen1Xiao-Qing Zhang2School of Management, Shandong Technology and Business University, Yantai 264005, ChinaSchool of Management, Shandong Technology and Business University, Yantai 264005, ChinaSchool of Management, Shandong Technology and Business University, Yantai 264005, ChinaEmerging digital technologies, with their great advantages in resource convergence, opportunity identification, supply-demand docking and knowledge sharing, are breaking and subverting traditional business concepts and providing a new impetus and opportunities for enterprise innovation activities. Therefore, it is valuable to explore how digital technology affects exploratory innovation to gain a sustainable competitive advantage in a dynamic and changing market environment. Based on data from Chinese A-share high-tech manufacturing listed companies from 2012 to 2020, this paper empirically tests the impact of digital technology on enterprise exploratory innovation by using a fixed effects negative binomial regression model and further explores the intermediate mechanism and boundary conditions between the two. The results show that digital technology has a significant positive impact on enterprise exploratory innovation, and that knowledge breadth plays a mediating role; high network centrality can effectively strengthen the positive impact of digital technology on enterprise knowledge breadth, thus promoting enterprise exploratory innovation. The conclusion enriches and expands the theoretical and empirical research on the driving effect of digital technology innovation, and provides strong practical guidance for encouraging enterprises to achieve exploratory innovation.https://www.mdpi.com/2079-8954/11/3/118digital technologyknowledge breadthnetwork centralityexploratory innovation
spellingShingle Jian-Li Gao
Yang Chen
Xiao-Qing Zhang
Digital Technology Driving Exploratory Innovation in the Enterprise: A Mediated Model with Moderation
Systems
digital technology
knowledge breadth
network centrality
exploratory innovation
title Digital Technology Driving Exploratory Innovation in the Enterprise: A Mediated Model with Moderation
title_full Digital Technology Driving Exploratory Innovation in the Enterprise: A Mediated Model with Moderation
title_fullStr Digital Technology Driving Exploratory Innovation in the Enterprise: A Mediated Model with Moderation
title_full_unstemmed Digital Technology Driving Exploratory Innovation in the Enterprise: A Mediated Model with Moderation
title_short Digital Technology Driving Exploratory Innovation in the Enterprise: A Mediated Model with Moderation
title_sort digital technology driving exploratory innovation in the enterprise a mediated model with moderation
topic digital technology
knowledge breadth
network centrality
exploratory innovation
url https://www.mdpi.com/2079-8954/11/3/118
work_keys_str_mv AT jianligao digitaltechnologydrivingexploratoryinnovationintheenterpriseamediatedmodelwithmoderation
AT yangchen digitaltechnologydrivingexploratoryinnovationintheenterpriseamediatedmodelwithmoderation
AT xiaoqingzhang digitaltechnologydrivingexploratoryinnovationintheenterpriseamediatedmodelwithmoderation