How does digital transformation affect performance and digital transformation affect the total factor productivity of enterprises?
Digital transformation affects performance by improving efficiency, reducing costs and increasing revenue. This influences total factor productivity from multiple dimensions, such as innovation, management and strategy
Digital transformation can have a positive impact on the performance and total factor productivity of enterprises. Digital transformation can improve total factor productivity by improving enterprise production efficiency, promoting technological progress, and realizing scale effect.
The correlation coefficient between digital transformation and total factor productivity of enterprises is significantly positive at the 1% level, indicating that the digital level capability significantly improves the total factor productivity of heavily polluting enterprises;
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