The Impact of the Digital Economy on Enterprise Sustainable Development and Its Spatial-Temporal Evolution: An Empirical Analysis Based on Urban Panel Data in China

Zhou, Zhiqiang; Liu, Wenyan; Cheng, Pengfei; Li, Zhenjin

doi:10.3390/su141911948

Cited by 41 publications

(27 citation statements)

References 88 publications

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“…This study uses a descriptive qualitative method, namely data collected in the form of words, pictures, not numbers. Qualitative research is a research procedure that produces descriptive data in the form of written or spoken words from people and observed behavior [17].…”

Section: Methodsmentioning

confidence: 99%

Indonesia's Digital Economy's Development

Dudhat

Agarwal

2023

itsdi

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Digital technology must be used in all facets of life and business for global advancements to lead to the employment of technology in all disciplines, including the economic sector. One of the nations that quickly digitized their economy was Indonesia. The issue is whether Indonesia can foresee the effects and dangers that the digital economy will pose. This study's objective is to examine the growth of Indonesia's digital economy and the challenges it poses from the standpoint of national defence. The descriptive qualitative methodology is used in this study. Interviews with representatives from the Ministry of Communication and Information, the Ministry of Defense, and the Indonesian Coordinating Ministry for Economic Affairs provided the data, which was then supplemented with secondary information from these agencies. The study's findings show that Indonesia's digital economy is growing quite well, which boosts the country's GDP. They also show that productivity is rising, production, consumption, and distribution are moving more quickly, there is economic growth in various sectors, and the country can continue to operate despite the Covid-19 pandemic. The digital economy, however, also poses a threat to national security because digitization forces all data to be connected to servers that are vulnerable to data misuse and exploitation; transactions that are not secure from malware-based cyberattacks; fraudulent transactions or hacks by hackers; and infrastructure limitations that have not yet reached all parts of Indonesia

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Section: Methodsmentioning

confidence: 99%

Indonesia's Digital Economy's Development

Dudhat

Agarwal

2023

itsdi

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“…Because the production method has not been scientifically regulated [71], enterprises face challenges in ensuring that economic growth is accompanied by a positive impact on environmental protection. Additionally, various abrupt natural calamities and public health emergencies have arisen frequently in recent years, which has impeded the seamless execution of sustainable enterprise development [72]. Therefore, it is very important for enterprises to strengthen the sustainable development of environmental protection.…”

Section: Robustness Testsmentioning

confidence: 99%

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

Yang

2023

Sustainability

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As digital transformation reshapes the world, businesses are becoming increasingly concerned about its impact. This study examines the regional data of 29 provinces and cities in China from 2013 to 2020 and uses the entropy method to calculate the regional virtual agglomeration level. This paper analyzes the panel data of listed companies in China to evaluate the economic impact of digital transformation on the sustainable development of enterprises and the moderating effect of the regional virtual agglomeration level. This study reveals a significant positive U-shaped relationship between digital transformation and enterprise sustainability. The level of regional virtual agglomeration can alleviate the initial negative impact of digital transformation on sustainability and enhance the economic growth capacity of enterprises. This paper found that the impact of digital transformation on sustainable development is particularly pronounced in the eastern region. All in all, based on the transaction cost theory and new geoeconomics, this paper analyzes the impact mechanism of digital transformation on the sustainable development of enterprises, verifies the relationship between the regional virtual agglomeration on digital transformation and sustainable development of enterprises, and identifies the adjustment mechanism. Our research provides theoretical support and practical guidance to promote digital transformation and enterprise sustainable development.

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“…Some advanced companies have significantly increased green product innovation due to the integration of digital technologies (Cioacă, et al, 2020;Jones and Wynn, 2021). According to some earlier studies, the digital economy may impact new energy firms' performance through three paths (Zhou et al, 2022). The primary objective is to enhance the effectiveness of resource allocation (Nascimento et al, 2018).…”

Section: Open Access Edited Bymentioning

confidence: 99%

The digital economy and corporate credit risk: An empirical study based on Chinese new energy enterprises

Yu²,

Cui³

2023

Front. Energy Res.

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The integration of digital technologies is exhibiting an upward trend in Chinese enterprises, and the degree of corporate credit risk is directly proportional to their financial sustainability. Based on panel data of new energy enterprises from 2012 to 2020, this article makes an empirical study on the direct effect, mediating effect, and moderating effect of the digital economy (DE) on the new energy enterprises’ credit risk. It is found that the digital economy could significantly mitigate the credit risk of new energy enterprises by improving total factor productivity and amplifying the potential default cost. When the digital economy affects corporate credit risk, the development of the new energy industry acts as an intermediary, and knowledge spillover acts as a moderator. Furthermore, considering knowledge spillover as the threshold variable, the digital economy has a double-threshold effect. The marginal impact fluctuates from dropping to increasing as the knowledge spillover level increases. As for the region’s heterogeneity, the digital economy has benefited eastern China more than central and western China, possibly due to the differences in economic structure, capital intensity, and policy institutions. In view of these findings, this study provides a reference for China to mitigate corporate credit risk in the digital economy era.

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The Impact of the Digital Economy on Enterprise Sustainable Development and Its Spatial-Temporal Evolution: An Empirical Analysis Based on Urban Panel Data in China

Cited by 41 publications

References 88 publications

Indonesia's Digital Economy's Development

Indonesia's Digital Economy's Development

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

The digital economy and corporate credit risk: An empirical study based on Chinese new energy enterprises

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