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Empirical Research on the Influence Mechanisms of Digital Resources Input on Service Innovation in China’s Finance Industry

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  • Mingxia Liu

    (Economics and Management School, Wuhan University, Wuhan 430072, China
    Institute of Strategic Management Research, Wuhan University, Wuhan 430072, China)

  • Wei Jiang

    (Economics and Management School, Wuhan University, Wuhan 430072, China)

Abstract

In today’s era, digital technology and the digital economy are the forerunners of the scientific and technological revolution and industrial transformation in the world. This paper chooses the organization and executive integration perspectives, studies the effects of relationship between digital resources input and service innovation in China’s finance industry, and the path and the mechanism of the transmission process. Through empirical research, we find that digital resource input has a significant positive impact on service innovation, and information sharing and value creation have significant mediating effects on the relationship between digital resource input and service innovation. Network openness significantly promotes the positive relationship between digital resource input and value creation, while big data technical ability significantly promotes the positive relationship between information sharing and service innovation. Our findings have some significant meanings for China’s financial enterprises.

Suggested Citation

  • Mingxia Liu & Wei Jiang, 2022. "Empirical Research on the Influence Mechanisms of Digital Resources Input on Service Innovation in China’s Finance Industry," Sustainability, MDPI, vol. 14(12), pages 1-22, June.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:12:p:7143-:d:835978
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    References listed on IDEAS

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    Cited by:

    1. Hao Zhou & Xinyi Li & Xiaoli Li, 2023. "Can the Digital Economy Improve the Level of High-Quality Financial Development? Evidence from China," Sustainability, MDPI, vol. 15(9), pages 1-13, April.
    2. Lijie Feng & Guo Qin & Jinfeng Wang & Ke Zhang, 2022. "Disruptive Innovation Path of Start-Ups in the Digital Context: The Perspective of Dynamic Capabilities," Sustainability, MDPI, vol. 14(19), pages 1-18, October.
    3. Xiaonan Fan & Ye Wang & Xinyuan Lu, 2022. "Digital Transformation Drives Sustainable Innovation Capability Improvement in Manufacturing Enterprises: Based on FsQCA and NCA Approaches," Sustainability, MDPI, vol. 15(1), pages 1-26, December.

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