Digital Transformation and Enterprise Sustainability: The Moderating Role of Regional Virtual Agglomeration
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 ana...
Gespeichert in:
| Veröffentlicht in: | Sustainability 2023-05, Vol.15 (9), p.7597 |
|---|---|
| Hauptverfasser: | , , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | |
|---|---|
| container_issue | 9 |
| container_start_page | 7597 |
| container_title | Sustainability |
| container_volume | 15 |
| creator | Yang, Junping Wu, Ruiqi Yang, Haochun |
| description | 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. |
| doi_str_mv | 10.3390/su15097597 |
| format | Article |
| fullrecord | <record><control><sourceid>gale_proqu</sourceid><recordid>TN_cdi_proquest_journals_2812735552</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><galeid>A749234742</galeid><sourcerecordid>A749234742</sourcerecordid><originalsourceid>FETCH-LOGICAL-c368t-398b5059892f21a0faa78ec540dfde9495e0b62a6a3ab370be078115f27a9e803</originalsourceid><addsrcrecordid>eNpVkU1LBDEMhgdRUNSLv6DgSWG1H9Pt1NviNyjCunodMjPpWJ1tte2A_nurK6jJISE870tIimKP0SMhND2OI5NUK6nVWrHFqWITRiVd_9NvFrsxPtMcQjDNplvFy5ntbYKBLAK4aHxYQrLeEXAdOXcJw2uwEcn9GBNYB40dbPo4IYsnJLe-w5Bp15O5H5B4Q-bYZ3F2e7QhjbnO-n7wy2_Mu51iw8AQcfenbhcPF-eL06vJzd3l9ensZtKKaZUmQleNpFJXmhvOgBoAVWErS9qZDnWpJdJmymEKAhqhaINUVYxJwxVorKjYLvZXvq_Bv40YU_3sx5DXijWvGFdCSskzdbSiehiwts74FKDN2eHStt6hsXk-U6XmolTll-DgnyAzCd9TD2OM9fX9_D97uGLb4GMMaOp8xyWEj5rR-utZ9e-zxCcp6IZO</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2812735552</pqid></control><display><type>article</type><title>Digital Transformation and Enterprise Sustainability: The Moderating Role of Regional Virtual Agglomeration</title><source>Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals</source><source>MDPI - Multidisciplinary Digital Publishing Institute</source><creator>Yang, Junping ; Wu, Ruiqi ; Yang, Haochun</creator><creatorcontrib>Yang, Junping ; Wu, Ruiqi ; Yang, Haochun</creatorcontrib><description>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.</description><identifier>ISSN: 2071-1050</identifier><identifier>EISSN: 2071-1050</identifier><identifier>DOI: 10.3390/su15097597</identifier><language>eng</language><publisher>Basel: MDPI AG</publisher><subject>Agglomeration ; Collaboration ; Cooperation ; Digital economy ; Economic development ; Economic growth ; Economic impact ; Efficiency ; Impact analysis ; Information technology ; Knowledge sharing ; Product development ; Production planning ; Regional development ; Strategic management ; Sustainability ; Sustainable development ; Technology transfer ; Transformations ; Virtual reality</subject><ispartof>Sustainability, 2023-05, Vol.15 (9), p.7597</ispartof><rights>COPYRIGHT 2023 MDPI AG</rights><rights>2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c368t-398b5059892f21a0faa78ec540dfde9495e0b62a6a3ab370be078115f27a9e803</citedby><cites>FETCH-LOGICAL-c368t-398b5059892f21a0faa78ec540dfde9495e0b62a6a3ab370be078115f27a9e803</cites><orcidid>0009-0008-0016-6613</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,27903,27904</link.rule.ids></links><search><creatorcontrib>Yang, Junping</creatorcontrib><creatorcontrib>Wu, Ruiqi</creatorcontrib><creatorcontrib>Yang, Haochun</creatorcontrib><title>Digital Transformation and Enterprise Sustainability: The Moderating Role of Regional Virtual Agglomeration</title><title>Sustainability</title><description>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.</description><subject>Agglomeration</subject><subject>Collaboration</subject><subject>Cooperation</subject><subject>Digital economy</subject><subject>Economic development</subject><subject>Economic growth</subject><subject>Economic impact</subject><subject>Efficiency</subject><subject>Impact analysis</subject><subject>Information technology</subject><subject>Knowledge sharing</subject><subject>Product development</subject><subject>Production planning</subject><subject>Regional development</subject><subject>Strategic management</subject><subject>Sustainability</subject><subject>Sustainable development</subject><subject>Technology transfer</subject><subject>Transformations</subject><subject>Virtual reality</subject><issn>2071-1050</issn><issn>2071-1050</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2023</creationdate><recordtype>article</recordtype><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><recordid>eNpVkU1LBDEMhgdRUNSLv6DgSWG1H9Pt1NviNyjCunodMjPpWJ1tte2A_nurK6jJISE870tIimKP0SMhND2OI5NUK6nVWrHFqWITRiVd_9NvFrsxPtMcQjDNplvFy5ntbYKBLAK4aHxYQrLeEXAdOXcJw2uwEcn9GBNYB40dbPo4IYsnJLe-w5Bp15O5H5B4Q-bYZ3F2e7QhjbnO-n7wy2_Mu51iw8AQcfenbhcPF-eL06vJzd3l9ensZtKKaZUmQleNpFJXmhvOgBoAVWErS9qZDnWpJdJmymEKAhqhaINUVYxJwxVorKjYLvZXvq_Bv40YU_3sx5DXijWvGFdCSskzdbSiehiwts74FKDN2eHStt6hsXk-U6XmolTll-DgnyAzCd9TD2OM9fX9_D97uGLb4GMMaOp8xyWEj5rR-utZ9e-zxCcp6IZO</recordid><startdate>20230501</startdate><enddate>20230501</enddate><creator>Yang, Junping</creator><creator>Wu, Ruiqi</creator><creator>Yang, Haochun</creator><general>MDPI AG</general><scope>AAYXX</scope><scope>CITATION</scope><scope>ISR</scope><scope>4U-</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>CCPQU</scope><scope>COVID</scope><scope>DWQXO</scope><scope>PIMPY</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><orcidid>https://orcid.org/0009-0008-0016-6613</orcidid></search><sort><creationdate>20230501</creationdate><title>Digital Transformation and Enterprise Sustainability: The Moderating Role of Regional Virtual Agglomeration</title><author>Yang, Junping ; Wu, Ruiqi ; Yang, Haochun</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c368t-398b5059892f21a0faa78ec540dfde9495e0b62a6a3ab370be078115f27a9e803</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2023</creationdate><topic>Agglomeration</topic><topic>Collaboration</topic><topic>Cooperation</topic><topic>Digital economy</topic><topic>Economic development</topic><topic>Economic growth</topic><topic>Economic impact</topic><topic>Efficiency</topic><topic>Impact analysis</topic><topic>Information technology</topic><topic>Knowledge sharing</topic><topic>Product development</topic><topic>Production planning</topic><topic>Regional development</topic><topic>Strategic management</topic><topic>Sustainability</topic><topic>Sustainable development</topic><topic>Technology transfer</topic><topic>Transformations</topic><topic>Virtual reality</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Yang, Junping</creatorcontrib><creatorcontrib>Wu, Ruiqi</creatorcontrib><creatorcontrib>Yang, Haochun</creatorcontrib><collection>CrossRef</collection><collection>Gale In Context: Science</collection><collection>University Readers</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>ProQuest One Community College</collection><collection>Coronavirus Research Database</collection><collection>ProQuest Central Korea</collection><collection>Publicly Available Content Database</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><jtitle>Sustainability</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Yang, Junping</au><au>Wu, Ruiqi</au><au>Yang, Haochun</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Digital Transformation and Enterprise Sustainability: The Moderating Role of Regional Virtual Agglomeration</atitle><jtitle>Sustainability</jtitle><date>2023-05-01</date><risdate>2023</risdate><volume>15</volume><issue>9</issue><spage>7597</spage><pages>7597-</pages><issn>2071-1050</issn><eissn>2071-1050</eissn><abstract>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.</abstract><cop>Basel</cop><pub>MDPI AG</pub><doi>10.3390/su15097597</doi><orcidid>https://orcid.org/0009-0008-0016-6613</orcidid><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 2071-1050 |
| ispartof | Sustainability, 2023-05, Vol.15 (9), p.7597 |
| issn | 2071-1050 2071-1050 |
| language | eng |
| recordid | cdi_proquest_journals_2812735552 |
| source | Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals; MDPI - Multidisciplinary Digital Publishing Institute |
| subjects | Agglomeration Collaboration Cooperation Digital economy Economic development Economic growth Economic impact Efficiency Impact analysis Information technology Knowledge sharing Product development Production planning Regional development Strategic management Sustainability Sustainable development Technology transfer Transformations Virtual reality |
| title | Digital Transformation and Enterprise Sustainability: The Moderating Role of Regional Virtual Agglomeration |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-21T19%3A27%3A34IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-gale_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Digital%20Transformation%20and%20Enterprise%20Sustainability:%20The%20Moderating%20Role%20of%20Regional%20Virtual%20Agglomeration&rft.jtitle=Sustainability&rft.au=Yang,%20Junping&rft.date=2023-05-01&rft.volume=15&rft.issue=9&rft.spage=7597&rft.pages=7597-&rft.issn=2071-1050&rft.eissn=2071-1050&rft_id=info:doi/10.3390/su15097597&rft_dat=%3Cgale_proqu%3EA749234742%3C/gale_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2812735552&rft_id=info:pmid/&rft_galeid=A749234742&rfr_iscdi=true |