International Journal of Research Studies in Management
CollabWritive Special Issue
2023 Volume 11 Issue 7
Available Online: 25 August 2023
Author/s:
Han, Xiaohan
Graduate School, Lyceum of the Philippines University – Batangas, Philippines (1559700061@qq.com)
Abstract:
The manufacturing industry in China is undergoing a rapid digital transformation. This transformation is being driven by several factors, including the increasing availability of digital technologies, the growing demand for customized products, and the need to improve efficiency and productivity. The study Digitalization, Business Innovation and Company Performance of Manufacture Industry in China: Basis for Innovative Business Operation Framework examines the relationship between digitalization, business innovation, and company performance in the Chinese manufacturing industry. The study uses a sample of manufacturing firms in China and finds that digitalization is positively associated with business innovation and company performance. The study also finds that there are several factors that mediate the relationship between digitalization and company performance. These factors include the firm’s absorptive capacity, the firm’s organizational agility, and the firm’s strategic orientation. The findings of the study suggest that digitalization can be a powerful driver of business innovation and company performance in the Chinese manufacturing industry. However, the study also suggests that firms need to invest in their absorptive capacity, organizational agility, and strategic orientation to fully realize the benefits of digitalization. The study concludes by proposing an innovative business operation framework that can help firms in the Chinese manufacturing industry to achieve better performance through digitalization.
Keywords: digitalization, business innovation, company performance, business operation, manufacturing
DOI: https://doi.org/10.5861/ijrsm.2023.1087
Cite this article:
Han, X. (2023). Digitalization, business innovation and company performance of manufacture industry in China: Basis for innovative business operation framework. International Journal of Research Studies in Management, 11(7), 95-105. https://doi.org/10.5861/ijrsm.2023.1087