| Nowadays,labor-intensive,capital-intensive and technology-intensive enterprises in China are facing more severe challenges due to the occurrence of problems such as rising resource prices and labor costs and the lack of core technologies,as well as the impact of the new crown pneumonia epidemic.In order to meet these challenges,enterprises need to develop different strategies to improve efficiency and reduce costs.As a pillar industry of the national economy,manufacturing is an important manifestation of national creativity and comprehensive national power.China’s technology-intensive industries account for a large proportion of all manufacturing exports and have been expanding in scale and increasing in competitiveness in recent years,but the manufacturing industry in general is still in the middle and lower reaches of the global industrial chain,with low value-added products.In recent years because of the epidemic and other unstable factors,digital transformation has increasingly become a powerful means to resist uncertain risks in China.In order to enable China’s manufacturing enterprises to better adapt to export trade in the context of digital economy,it is of practical significance to study the influence relationship between the digitalization level of manufacturing enterprises and their export performance.First,this thesis combs through the literature to find out the metrics of the explanatory variable digitization level and the explanatory variable enterprise export performance.Second,the current status of digitalization and export of manufacturing enterprises in China is analyzed based on the data compiled from the Guotaian database and other collected information.Again,three hypotheses are proposed through three theories,namely heterogeneous firm theory,basic resource theory and human capital theory,respectively.Finally,to carry out the research design,in order to ensure the timeliness and accessibility of the data,this thesis collates and selects the manufacturing enterprises listed in Shanghai and Shenzhen from 2012 to 2021 from the Guotaian database,and the final sample size selected is4363.In the empirical part of the study,firstly,to ensure the accuracy of the metrics,the explanatory variable digitization level is constructed in this thesis by refining the metrics into three aspects: digital R&D investment,digital asset investment and digital strategy.Secondly,the metrics of the explanatory variable enterprise export performance are combined with the literature to investigate the impact of digitalization level of manufacturing enterprises on enterprise export performance.Also,this thesis explores whether the level of firm innovation and skilled human resources reinforce this effect.Heterogeneity analysis is also conducted in terms of firm size.Finally,in order to ensure the robustness of the empirical findings of this thesis,the replacement of the explanatory variable digitalization level is chosen to verify the reliability and validity of the research findings.Through the empirical analysis,the thesis concludes that the study:(1)The digitalization level of manufacturing enterprises can enhance the export performance of enterprises.(2)The level of enterprise innovation cannot enhance the promotion effect of digitalization level of manufacturing enterprises on enterprise export,while technical human resources can enhance the promotion effect of digitalization level of manufacturing enterprises on enterprise export performance.(3)After the regression analysis of the three sub-indicators of enterprise digitalization level,it is found that enterprise digital R&D investment and digital asset investment have a significant contribution to the export performance of enterprises,while digital strategy has no significant effect.(4)In the heterogeneous regression analysis of firm size,the level of firm digitization significantly enhances the export performance of firms of large and small size,but the enhancement is greater for large scale.According to these conclusions,the thesis concludes with several suggestions from the perspectives of firms and governments. |
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