DIGITAL CAPABILITY AND VALUE CREATION OF MANUFACTURING ENTERPRISES: EMPIRICAL TEST BASED ON BOHAI RIM REGION

Abstract

In China, digital technology and real economy are deeply integrated. Under the background of cultural development strategy to promote digital industrialization and industrial digital, it is urgent for manufacturing enterprises to regard digital ability as the key link to promote enterprise value creation. Based on the sample data of listed manufacturing enterprises in Bohai Rim region from 2013 to 2022, this paper explores the mechanism of digital ability on value creation of manufacturing enterprises through empirical research. The research shows that digital ability has a significantly positive impact on the value creation of manufacturing enterprises, and digital ability promotes the value creation of manufacturing enterprises by improving the production efficiency and R&D innovation ability of enterprises.