Digital Transformation and Enterprise Sustainability: The Moderating Role of Regional Virtual Agglomeration

Yang, Junping; Wu, Ruiqi; Yang, Haochun

doi:10.3390/su15097597

Cited by 12 publications

(7 citation statements)

References 81 publications

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“…Physical space distance brings transportation costs and information interaction costs due to team cooperation, while the psychological distance from a geographical distance brings a "trust" cost to cooperation. Although VA cannot directly save the cost of goods transportation like traditional industrial clusters, it can reduce the unnecessary costs by optimizing transportation routes, providing goods on demand, improving supply chain efficiency, and helping companies to collect, process and analyze information more effectively through virtual operation, which reduces the costs related to finding and evaluating potential trading partners and improving logistics efficiency and output efficiency, ultimately achieving the goal of improving EE (Chen, 2017;Yang et al, 2023). As another example, VA changes the mode of enterprise organization product innovation and technology research and development.…”

Section: The Role Of Virtual Agglomerationmentioning

confidence: 99%

Assessing the Impact of Digital Technologies on Energy Efficiency: The Role of OFDI and Virtual Agglomeration

Yang,

Mengyu,

Xiuwu

2024

Journal of Resources and Ecology

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Improving energy efficiency is crucial for achieving the carbon peaking and carbon neutrality goals. The digital economy, which is characterized by big data, artificial intelligence, the internet of things, and a new generation of mobile Internet, has quietly penetrated all aspects of the economy and society, profoundly changing the means of production and lives of human beings. Digital technologies have great potential to improve the global energy system's security, productivity, efficiency, and sustainability. Based on the panel data of 30 provinces in mainland China from 2006 to 2021, this study divided energy efficiency into total and single factor energy efficiency. The two-way fixed-effect model and the Driscol-Kraay method were used to adjust the standard error test in order to examine the impact of digital technology represented by industrial robots on energy efficiency and its path mechanism. Studies have shown that digital technology can significantly improve total factor energy efficiency and reduce energy intensity per unit of GDP. This conclusion was found to be still valid after the robustness test using feasible generalized least squares, time-varying difference in difference and fixed effect space Durbin model. The results of the mechanism test show that digital technology can improve energy efficiency by increasing the degree of industrial virtual agglomeration and the channels of foreign direct investment. This paper provides a valuable discussion on how information technology advances can improve energy efficiency in the era of the digital economy. The conclusions will help relevant market players to formulate policies and measures and corporate strategies to improve energy efficiency. At the same time, it also deepens the theoretical understanding and mechanism path of digital technology's impact on energy consumption.

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Section: The Role Of Virtual Agglomerationmentioning

confidence: 99%

Assessing the Impact of Digital Technologies on Energy Efficiency: The Role of OFDI and Virtual Agglomeration

Yang,

Mengyu,

Xiuwu

2024

Journal of Resources and Ecology

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“…Digitalization is the integration and utilization of digital technologies like cloud computing, artificial intelligence, 3D printing, and mobile computing by governments, industries, or organizations [14]. The distinctive characteristics of digital technologies provide new opportunities for action in specific user contexts that can be utilized by actors like entrepreneurs [25].…”

Section: Impact Of Digital Economic Transformation On Green Entrepren...mentioning

confidence: 99%

“…While recent studies have highlighted the transformative potential of digital economic transformation and green entrepreneurship in rural revitalization efforts [14][15][16], there remains a gap in empirical research examining the interplay between these factors and their impact on rural revitalization. Specifically, there is a need for studies that empirically assess the relationship between digital economic transformation, green entrepreneurship, green innovation, and rural revitalization within the context of the Sustainable Development Goals.…”

Section: Introductionmentioning

confidence: 99%

Enhancing Rural Revitalization in China through Digital Economic Transformation and Green Entrepreneurship

Wang,

2024

Sustainability

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Over the past few years, rural revitalization has become a focal point of interest in the discourse of sustainable development. However, there exists a gap in understanding the factors that foster economic sustainability in rural settings. The current study seeks to investigate the influence of digital economic transformation on rural revitalization in the context of China by employing a serial mediation model encompassing green entrepreneurship and green innovation. Data were collected from rural entrepreneurs using a stratified sampling method, with strata identified based on geographical and socioeconomic factors, which allowed for a comprehensive examination of various business sizes and stages across sectors. The authors analyzed the structural paths using multivariate analytical techniques by utilizing SmartPLS-SEM. The empirical findings provide support to the hypothesized relationships that: (1) digital economic transformation significantly promotes green entrepreneurship, which in turn, cultivates green innovation; and (2) green entrepreneurship and green innovation serially mediate the association between digital economic transformation and rural revitalization. Our study provides a holistic model that can inform regulatory frameworks and governmental strategies to support sustainable rural development in China.

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“…Digital transformation has also become one of the cornerstones of innovation and sustainable growth. The previous finding also highlights that digitization has become such an unavoidable factor for economies that it is necessary to treat the digitization transformation as a critical issue [13][14][15][16][17].…”

Section: The Role and Importance Of Digital Transitionmentioning

confidence: 99%

The relationship between digital development and economic growth in the European Union

Török

2024

IRASE

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Numerous studies have proven that digital development positively affects economic growth. This study aims to confirm or refute the positive impact of digital evolution on economic growth by applying the dimensions of the International Digital Economy and Society Index (I-DESI). The analysis refers to the period 2015–2020 of the European Union member states. The study's novelty is that the I-DESI index has yet to be used in research to investigate the relationship between the digital transition and GDP production. The present study, therefore, goes one step further than the previous typical DESI-GDP models. The research uses Pearson correlation and F-statistic analysis to show the relationship between the variables. The study confirms that digital development has positively impacted the economic growth of EU member states. This result was confirmed by both Pearson and Spearman correlation. However, the results are ambivalent. The empirical results indicate that the more digitally developed member countries had a higher GDP per capita. However, the positive effect is different. The results confirm that the development of digitalization and GDP increased more dynamically in the more digitally developed EU member states than in the less developed member states. Therefore, an increase in the backwardness of the less developed member countries and not a catch-up can be observed in the period under review.

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Digital Transformation and Enterprise Sustainability: The Moderating Role of Regional Virtual Agglomeration

Cited by 12 publications

References 81 publications

Assessing the Impact of Digital Technologies on Energy Efficiency: The Role of OFDI and Virtual Agglomeration

Assessing the Impact of Digital Technologies on Energy Efficiency: The Role of OFDI and Virtual Agglomeration

Enhancing Rural Revitalization in China through Digital Economic Transformation and Green Entrepreneurship

The relationship between digital development and economic growth in the European Union

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