Affiliation:
1. School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing 100876, China
2. Robert C. Vackar College of Business and Entrepreneurship, The University of Texas at Rio Grande Valley, Edinburg, TX 78539, USA
Abstract
The existing literature highlights the role of digital technology innovation in driving the international performance of enterprises. However, it has largely overlooked the nonlinear relationships that emerge from their quest for contributing towards global sustainable development goals. Our study explores the nonlinear influence of digital technology innovation on firms’ international performance, further investigating how this relationship may be moderated by sustainability readiness, as measured through sustainable technological capabilities and sustainable certification standards. Using a double fixed effects model on a sample of 269 Chinese listed digital enterprises from 2012 to 2019, our findings reveal a U-shaped relationship between digital technology innovation and internationalization performance, which is more pronounced for firms with superior sustainable technological capabilities. However, the influence of sustainable certification standards is less noticeable. We further identify notable differences between the digital service and digital manufacturing sectors, thereby enriching our comprehension of the complex relationships between digital innovation, sustainability readiness, and international performance.
Funder
Chinese Project of the National Natural Science Fund
Strategic Research and Consulting Project of the Chinese Academy of Engineering
Subject
Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction
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