Research on the Influence of Firm Digital Intelligence Transformation and Management Innovation on Performance and Sustainable Development: Empirical Evidence from China
Abstract
:1. Introduction
2. Literature Review
2.1. Digital Intelligence Transformation and Management Innovation
2.2. Competence Theory of Firms
3. Research Methods
3.1. Evaluation for Firm Digital Intelligence Transformation and Management Innovation
3.2. Description of Variables
3.2.1. Explained Variable
3.2.2. Explanatory Variable
3.2.3. Intermediary Variables
3.3. Sample Selection and Data Sources
4. Results and Discussion
4.1. Reliability and Validity Analysis
4.1.1. Reliability Analysis of Scale
4.1.2. Validity Analysis of Scale
4.2. Model Test
4.3. Mediation Effect Test
5. Conclusions
- (1)
- Firms should actively deploy digital intelligence transformation strategies and pay attention to digital intelligence technology innovation, digital intelligence business operation innovation, and digital intelligence organization management innovation to accelerate the sustainable development of firms. The strategy of a firm controls the future development direction of the firm, and the strategic transformation of a firm is a process of replanning to help the firm overcome difficulties and gain competitive advantages according to changes in the macro environment, which is crucial for the sustainable development and innovation of the firm. Therefore, firms should carry out forward-looking layouts, vigorously develop industry-related digital intelligence technology, and promote the construction of firm digital intelligence from the aspects of digital intelligence business operations and organizational management.
- (2)
- Vigorously promoting the wide diffusion and application of digital intelligence technology in firms is an important way to promote the transformation of the digital intelligence and management innovation of firms. Firms should actively embrace digital intelligence technology, actively try new technologies, strengthen the integration of various business links and digital intelligence technology through digital intelligence technology and digital intelligence management, and promote the deep integration and application of a new generation of information technology and firm business. The use of digital intelligence technology to achieve internal business process management digital intelligence, the digital intelligence of each business link and service innovation applications to improve internal management efficiency, decision-making, and innovation capabilities.
- (3)
- Vigorously promoting digital intelligence technology to enable firms to connect and interact with the external environment and users to achieve efficient and accurate data sharing, information exchange, and personalized service provision. Digital intelligence technology service capabilities should be strengthened, new business models should be built, and ultimately, firms should be provided with technical environment support and value creation momentum, the reupgrading of firm economic value and social value should be realized, and improvements in firm performance and sustainable development should be promoted.
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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First-Level Indexes | Second-Level Indexes | Third-Level Indexes | Description |
---|---|---|---|
Digital intelligence strategy | Digital Intelligence strategy | Digital intelligence strategic thinking | Firms can deeply understand the significance of digital intelligent transformation from a strategic height |
Digital intelligent strategic planning | Firm management has a clear vision of digital intelligence empowerment and includes digital intelligence transformation into strategic planning | ||
Implementation of digital intelligence strategy | Firm management supports the necessary digital intelligence investment, supports use of digital and intelligent tools, and sets clear digital intelligence goals to ensure implementation of digital intelligence strategy | ||
Digital intelligence technology innovation | Digital intelligence technology level | Digital intelligent technology and equipment development | Firms focus on research and development of digital intelligence technology and equipment |
Digital intelligence technology and equipment introduced | Firms focus on introduction of digital intelligence technology and equipment | ||
Digital intelligent platform construction | Firms pay attention to use of digital intelligence technology for platform construction | ||
Digital intelligence business operation innovation | Film and television project planning and development | Digital intelligent script creation | Firms use digital intelligence technology to assist script creation |
Digital intelligent script evaluation | Firms use digital intelligence technology to realize the digital intelligence of script evaluation | ||
Film and television project production | Digital intelligent shooting | Firms use digital intelligence technology to realize the digital intelligence of the shooting process | |
Intelligent production management | Firms use digital intelligence technology to realize digital intelligence in the production management process | ||
Development and application of digital assets | Firms use digital intelligence technology to develop and apply digital assets | ||
Digital postproduction | Firms use digital intelligence technology to realize digital intelligence of postproduction process | ||
Digital intelligent review film | Firms use digital intelligence technology to realize digital intelligence of the film review process | ||
Film and television project marketing | Digital intelligence marketing | Firms use digital intelligence technology to carry out fine propaganda and realize the intelligence of marketing tools and services | |
Digital intelligence distribution | Firms often distribute film and television works through internet channels | ||
Digital intelligence organization management innovation | Organization management mode | Digital intelligence cooperation alliance | Firm has established a digital intelligence cooperation alliance among firms |
Digital intelligent financial management | Firms use the digital intelligence technology to realize the digital intelligence of financial management | ||
Digital intelligent human resource management | Firms use digital intelligence technology to realize the digital intelligence of human resource management | ||
Digital intelligence leadership | Business leaders have the ability to promote the development of digital intelligence | ||
Digital intelligence talent construction | Firms pay attention to the construction of digital intelligence talents, and often carry out digital intelligence skills training for employees | ||
Corporate culture | Firm culture conducive to the construction of digital intelligence | Firm has established and propagated the firm culture that is conducive to the construction of digital intelligence |
Variable Dimension | Items | Component Indicator of Total Credibility (CITC) | Square Multiple Correlation | Cronbach’s Alpha Value of Deleted Items | Cronbach’s Alpha |
---|---|---|---|---|---|
Digital intelligence strategy | DSA1 | 0.756 | 0.573 | 0.863 | 0.885 |
DSA2 | 0.792 | 0.630 | 0.831 | ||
DSA3 | 0.803 | 0.646 | 0.812 | ||
Digital intelligence technology innovation | DTA1 | 0.803 | 0.660 | 0.919 | 0.922 |
DTA2 | 0.842 | 0.745 | 0.888 | ||
DTA3 | 0.889 | 0.796 | 0.856 | ||
Digital intelligence business operation innovation | DBA1 | 0.882 | 0.848 | 0.946 | 0.955 |
DBA2 | 0.816 | 0.766 | 0.950 | ||
DBB1 | 0.786 | 0.691 | 0.951 | ||
DBB2 | 0.762 | 0.705 | 0.952 | ||
DBB3 | 0.852 | 0.844 | 0.948 | ||
DBB4 | 0.819 | 0.792 | 0.950 | ||
DBB5 | 0.829 | 0.745 | 0.950 | ||
DBC1 | 0.903 | 0.872 | 0.945 | ||
DBC2 | 0.724 | 0.644 | 0.954 | ||
Digital intelligence organization management innovation | DOA1 | 0.687 | 0.522 | 0.919 | 0.922 |
DOA2 | 0.834 | 0.775 | 0.901 | ||
DOA3 | 0.795 | 0.697 | 0.905 | ||
DOA4 | 0.746 | 0.599 | 0.912 | ||
DOA5 | 0.798 | 0.773 | 0.904 | ||
DOB1 | 0.818 | 0.759 | 0.901 | ||
Digital dynamic capability | DDP1 | 0.817 | 0.698 | 0.910 | 0.927 |
DDP2 | 0.797 | 0.680 | 0.912 | ||
DDS1 | 0.795 | 0.679 | 0.912 | ||
DDS2 | 0.755 | 0.618 | 0.918 | ||
DDI1 | 0.726 | 0.686 | 0.922 | ||
DDI2 | 0.848 | 0.769 | 0.906 | ||
Digital intelligence capability | DIC1 | 0.702 | 0.596 | 0.897 | 0.908 |
DCI2 | 0.780 | 0.661 | 0.888 | ||
DID1 | 0.794 | 0.698 | 0.885 | ||
DIS1 | 0.685 | 0.577 | 0.900 | ||
DIS2 | 0.818 | 0.766 | 0.886 | ||
DIV1 | 0.748 | 0.755 | 0.891 | ||
Firm performance | SP1 | 0.877 | 0.812 | 0.882 | 0.915 |
SP2 | 0.767 | 0.664 | 0.901 | ||
SP3 | 0.756 | 0.667 | 0.900 | ||
SP4 | 0.783 | 0.689 | 0.896 | ||
EP1 | 0.740 | 0.622 | 0.902 | ||
EP2 | 0.664 | 0.545 | 0.913 |
Path | Estimate | S.E. | C.R. | p | Test Results |
---|---|---|---|---|---|
Digital dynamic capability ← Digital intelligence strategy | 0.147 | 0.030 | 4.876 | *** | Support |
Digital dynamic capability ← Digital intelligence technology innovation | 0.153 | 0.033 | 4.603 | *** | Support |
Digital dynamic capability ← Digital intelligence business operation innovation | 0.343 | 0.065 | 5.298 | *** | Support |
Digital dynamic capability ← Digital intelligence organization management innovation | 0.245 | 0.048 | 5.120 | *** | Support |
Digital intelligence capability ← Digital intelligence technology innovation | 0.103 | 0.028 | 3.608 | *** | Support |
Digital intelligence capability ← Digital intelligence business operation innovation | 0.187 | 0.055 | 3.365 | *** | Support |
Digital intelligence capability ← Digital intelligence organization management innovation | 0.205 | 0.053 | 3.874 | *** | Support |
Digital intelligence capability ← Digital dynamic capability | 0.276 | 0.055 | 5.054 | *** | Support |
Digital intelligence capability ← Digital intelligence strategy | 0.102 | 0.025 | 4.013 | *** | Support |
Firm performance ← Digital dynamic capability | 0.237 | 0.067 | 3.520 | *** | Support |
Firm performance ← Digital intelligence capability | 0.317 | 0.087 | 5.308 | *** | Support |
Path | Estimate | S.E. | C.R. | p |
---|---|---|---|---|
Digital dynamic capability ← Digital intelligence strategy | 0.329 | 0.031 | 16.773 | *** |
Digital intelligence capability ← Digital dynamic capability | 0.648 | 0.053 | 12.269 | *** |
Digital intelligence capability ← Digital intelligence strategy | 0.357 | 0.033 | 10.775 | *** |
Firm performance ← Digital dynamic capability | 0.211 | 0.024 | 8.801 | *** |
Firm performance ← Digital intelligence capability | 0.308 | 0.029 | 10.679 | *** |
Firm performance ← Digital intelligence strategy | 0.215 | 0.021 | 10.437 | *** |
Parameter | Estimate | Lower | Upper | p |
---|---|---|---|---|
Intermediary effect 1 | 0.110 | 0.089 | 0.131 | 0.001 |
Intermediary effect 2 | 0.217 | 0.141 | 0.299 | 0.001 |
Intermediary effect 3 | 0.206 | 0.145 | 0.279 | 0.001 |
Direct effect | 0.215 | 0.173 | 0.262 | 0.001 |
Total effect | 0.748 | 0.642 | 0.869 | 0.001 |
Path | Estimate | S.E. | C.R. | p |
---|---|---|---|---|
Digital dynamic capability < ---Digital intelligence technology innovation | 0.375 | 0.036 | 15.484 | *** |
Digital intelligence capability < ---Digital dynamic capability | 0.665 | 0.053 | 12.514 | *** |
Digital intelligence capability < ---Digital intelligence technology innovation | 0.327 | 0.031 | 10.625 | *** |
Firm performance < ---Digital dynamic capability | 0.168 | 0.027 | 6.177 | *** |
Firm performance < ---Digital intelligent capability | 0.267 | 0.025 | 10.791 | *** |
Firm performance < ---Digital intelligence technology innovation | 0.237 | 0.025 | 9.619 | *** |
Parameter | Estimate | Lower | Upper | p |
---|---|---|---|---|
Intermediary effect 1 | 0.087 | 0.071 | 0.105 | 0.001 |
Intermediary effect 2 | 0.147 | 0.043 | 0.231 | 0.006 |
Intermediary effect 3 | 0.155 | 0.118 | 0.200 | 0.001 |
Direct effect | 0.237 | 0.159 | 0.334 | 0.001 |
Total effect | 0.626 | 0.554 | 0.702 | 0.001 |
Path | Estimate | S.E. | C.R. | p |
---|---|---|---|---|
Digital dynamic capability < ---Digital intelligence business operation innovation | 0.329 | 0.031 | 11.823 | *** |
Digital intelligence capability < ---Digital dynamic capability | 0.383 | 0.033 | 11.609 | *** |
Digital intelligence capability < ---Digital intelligence business operation innovation | 0.665 | 0.049 | 13.531 | *** |
Firm performance < ---Digital dynamic capability | 0.199 | 0.018 | 11.117 | *** |
Firm performance < ---Digital intelligence capability | 0.243 | 0.025 | 9.771 | *** |
Firm performance < ---Digital intelligence business operation innovation | 0.307 | 0.026 | 11.737 | *** |
Parameter | Estimate | Lower | Upper | p |
---|---|---|---|---|
Intermediary effect 1 | 0.162 | 0.120 | 0.207 | 0.001 |
Intermediary effect 2 | 0.206 | 0.167 | 0.250 | 0.001 |
Intermediary effect 3 | 0.096 | 0.072 | 0.126 | 0.001 |
Direct effect | 0.307 | 0.235 | 0.385 | 0.001 |
Total effect | 0.770 | 0.671 | 0.881 | 0.001 |
Path | Estimate | S.E. | C.R. | p |
---|---|---|---|---|
Digital dynamic capability < ---Digital intelligence organization management innovation | 0.349 | 0.033 | 14.377 | *** |
Digital intelligence capability < ---Digital dynamic capability | 0.450 | 0.044 | 10.317 | *** |
Digital intelligence capability < ---Digital intelligence organization management innovation | 0.579 | 0.052 | 11.226 | *** |
Firm performance < ---Digital dynamic capability | 0.137 | 0.025 | 5.483 | *** |
Firm performance < ---Digital intelligence capability | 0.210 | 0.025 | 8.260 | *** |
Firm performance < ---Digital intelligence organization management innovation | 0.392 | 0.043 | 9.140 | *** |
Parameter | Estimate | Lower | Upper | p |
---|---|---|---|---|
Intermediary effect 1 | 0.121 | 0.098 | 0.152 | 0.001 |
Intermediary effect 2 | 0.144 | 0.059 | 0.227 | 0.003 |
Intermediary effect 3 | 0.099 | 0.066 | 0.138 | 0.001 |
Direct effect | 0.392 | 0.306 | 0.510 | 0.001 |
Total effect | 0.757 | 0.654 | 0.890 | 0.001 |
Hypothesis | Test Results |
---|---|
Digital intelligence strategy→ Digital intelligent capability | Support |
Digital intelligence technology innovation→ Digital intelligent capability | Support |
Digital intelligence business operation innovation→ Digital intelligent capability | Support |
Digital intelligence organization management innovation→ Digital intelligent capability | Support |
Digital intelligence strategy→ Digital dynamic capability | Support |
Digital intelligence technology innovation→ Digital dynamic capability | Support |
Digital intelligence business operation innovation→ Digital dynamic capability | Support |
Digital intelligence organization management innovation→ Digital dynamic capability | Support |
Digital intelligent capability→ Firm performance | Support |
Digital dynamic capability→ Firm performance | Support |
Digital intelligence strategy→ Digital intelligent capability, digital dynamic capability→ Firm performance | Support |
Digital intelligence technology innovation→ Digital intelligent capability, digital dynamic capability→ Firm performance | Support |
Digital intelligence business operation innovation→ Digital intelligent capability, digital dynamic capability→ Firm performance | Support |
Digital intelligence organization management innovation→ Digital intelligent capability, digital dynamic capability→ Firm performance | Support |
Digital intelligence strategy→ Digital dynamic capability→ Digital intelligent capability→ Firm performance | Support |
Digital intelligence technology innovation→ Digital dynamic capability→ Digital intelligent capability→ Firm performance | Support |
Digital intelligence business operation innovation→ Digital dynamic capability→ Digital intelligent capability→ Firm performance | Support |
Digital intelligence organization management innovation→ Digital dynamic capability→ Digital intelligent capability→ Firm performance | Support |
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Liu, Y.; Song, P. Research on the Influence of Firm Digital Intelligence Transformation and Management Innovation on Performance and Sustainable Development: Empirical Evidence from China. Sustainability 2024, 16, 7578. https://doi.org/10.3390/su16177578
Liu Y, Song P. Research on the Influence of Firm Digital Intelligence Transformation and Management Innovation on Performance and Sustainable Development: Empirical Evidence from China. Sustainability. 2024; 16(17):7578. https://doi.org/10.3390/su16177578
Chicago/Turabian StyleLiu, Yutong, and Peiyi Song. 2024. "Research on the Influence of Firm Digital Intelligence Transformation and Management Innovation on Performance and Sustainable Development: Empirical Evidence from China" Sustainability 16, no. 17: 7578. https://doi.org/10.3390/su16177578