4.7 Article

How does intellectual property protection contribute to the digital transformation of enterprises?

期刊

FINANCE RESEARCH LETTERS
卷 58, 期 -, 页码 -

出版社

ACADEMIC PRESS INC ELSEVIER SCIENCE
DOI: 10.1016/j.frl.2023.104340

关键词

Intellectual property protection; Digital transformation; Financing constraints; R & D investment

向作者/读者索取更多资源

This paper investigates the impact of Intellectual Property Protection (IPP) on firm digital transformation (DT) in China using a panel dataset from 2012 to 2020. The results show a significant and robust positive relationship between IPP and firm DT, even after addressing endogeneity concerns. Mechanism analysis reveals that IPP facilitates firm DT by alleviating financing constraints and encouraging research and development (R&D) investments. This research highlights the importance of IPP in creating an environment conducive to digital transformation and provides valuable insights for policymakers and firms aiming to enhance their digital capabilities.
This paper examines the effect of Intellectual Property Protection (IPP) on firm digital transformation (DT) using a three-dimensional panel dataset of Chinese-listed companies and cities from 2012 to 2020. Our findings reveal a significant and robust positive relationship between IPP and firm DT, even after addressing endogeneity concerns. Mechanism analysis demonstrates that IPP promotes firm DT by alleviating financing constraints and incentivizing research and development (R & D) investments. The results highlight the role of IPP in fostering an environment conducive to digital transformation and provide valuable insights for policymakers and firms aiming to enhance their digital capabilities.

作者

我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。

评论

主要评分

4.7
评分不足

次要评分

新颖性
-
重要性
-
科学严谨性
-
评价这篇论文

推荐

暂无数据
暂无数据