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How does digital transformation enhance industrial chain resilience? Evidence from China

Author

Listed:
  • Sun, Kaili
  • Wang, Haohan
  • Ye, Shengchao

Abstract

Digital transformation presents a crucial opportunity to strengthen industrial chain resilience in the shifting global economic and political landscape. This paper constructs a micro evaluation index system for industrial chain resilience, takes China's A-share manufacturing listed companies from 2015 to 2022 as research samples, and empirically analyzes the impact and mechanism of digital transformation on industrial chain resilience. The key findings are as follows: digital transformation significantly enhances industrial chain resilience. Digital transformation fosters diversification in upstream cooperation and drives substantive innovation, thereby strengthening industrial chain resilience. The effects are more pronounced in technology-intensive industries and state-owned enterprises. The insights from this paper provide valuable references for seizing digital opportunities and enhancing economic security.

Suggested Citation

  • Sun, Kaili & Wang, Haohan & Ye, Shengchao, 2025. "How does digital transformation enhance industrial chain resilience? Evidence from China," Finance Research Letters, Elsevier, vol. 75(C).
    • Handle: RePEc:eee:finlet:v:75:y:2025:i:c:s1544612325001606
    DOI: 10.1016/j.frl.2025.106896
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    More about this item

    Keywords

    Digital transformation; Industrial chain resilience; Diversified cooperation; Supplier concentration; Core competitiveness; Substantive innovation;
    All these keywords.

    JEL classification:

    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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