The Impact of Strategic Orientation on Digital Transformation: Empirical Evidence Based on Chinese Listed Manufacturing Firms
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Date
2024-01-03
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6583
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In examining the antecedents of digital transformation, few studies have focused on how a firm’s extant strategic orientation influences its digital transformation intensity, and how this relationship is affected by strategic leaders and the firm’s life cycle. This work empirically tested these relationships based on the panel data of Chinese-listed manufacturing firms from 2007 to 2021. The findings suggest that a prospector orientation enhances, while a defender orientation weakens digital transformation intensity, and that the match between CEO background and strategic orientation amplifies the effects of both strategic orientations. Moreover, the relationships between the two strategic orientations and digital transformation intensity differ significantly at different stages of the firm's life cycle. This work enriches research on the driving factors of digital transformation at the strategic level. It inspires firms to understand the impact of their existing strategic orientation on new strategic change, choosing strategic leaders, and timing the transition.
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IT Governance and its Mechanisms, digital transformation, life cycle, matching ceo to strategy, strategy orientation, text analysis
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10 pages
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Proceedings of the 57th Hawaii International Conference on System Sciences
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Attribution-NonCommercial-NoDerivatives 4.0 International
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