2022
DOI: 10.3390/su141710634
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In the Context of Digital Finance, Can Knowledge Enable Manufacturing Companies to Be More Courageous and Move towards Sustainable Innovation?

Abstract: The advent of the VUCA era and the development of digital finance (DF) present opportunities and challenges for manufacturing companies to seek sustainable innovation by increasing their organizational resilience (OR) to withstand crises. The production, flow, and acquisition of corporate knowledge are indispensable to the establishment of organizational resilience. In this paper, we analyze how to make manufacturing enterprises more courageous and innovative in the context of digital finance. We used a perspe… Show more

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Cited by 9 publications
(4 citation statements)
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“…Again, a study by Chen et al [28] that sought to investigate the effect of DF on manufacturing firms' servitization confirmed that DF helps the development of manufacturing servitization, where innovation plays a mediating role. Moreover, the studies of Zhang and Tian et al [29,30] placed DF and the sustainable innovation performance of manufacturing firms under investigation and found that DF enhances the performance and sustainable innovation performance of manufacturing enterprises. Another study by Santiago et al [31] that investigated if digital infrastructure has impacted the technological innovation of manufacturing firms proved that digital infrastructure construction could promote technological innovation in manufacturing enterprises.…”
Section: Digital Finance and Manufacturing Technology Innovationmentioning
confidence: 99%
“…Again, a study by Chen et al [28] that sought to investigate the effect of DF on manufacturing firms' servitization confirmed that DF helps the development of manufacturing servitization, where innovation plays a mediating role. Moreover, the studies of Zhang and Tian et al [29,30] placed DF and the sustainable innovation performance of manufacturing firms under investigation and found that DF enhances the performance and sustainable innovation performance of manufacturing enterprises. Another study by Santiago et al [31] that investigated if digital infrastructure has impacted the technological innovation of manufacturing firms proved that digital infrastructure construction could promote technological innovation in manufacturing enterprises.…”
Section: Digital Finance and Manufacturing Technology Innovationmentioning
confidence: 99%
“…Social media platforms aim to represent and celebrate various communities' cultural heritage, traditions and perspectives [26]. Smart people tend to see rapid technological progress, which will impact media consumption patterns [27]. Media facilitates cultural exchange and global connectivity; through digital platforms and technological advances, people from different cultures can connect, share ideas and collaborate globally [28].…”
Section: Basic Theorymentioning
confidence: 99%
“…The digital economy is sweeping the world, and the widespread use of digital technologies such as big data, cloud computing, and 5G technology is changing the way innovation factors are disseminated and combined, overturning the traditional enterprise innovation model, and deriving a new open innovation model based on digitalization [5]. The digitalization of enterprises relies on digital technology applications to connect enterprises, industries and industries into a whole, break through geographical restrictions, and broaden the breadth and depth of knowledge spillover from multiple innovation subjects [6]. It can provide more green innovation resources for enterprises and enhance their green innovation level.…”
Section: Introductionmentioning
confidence: 99%