The Impact of Digital Transformation on the Resilience of Manufacturing Firms

In the context of the turbulent international economic situation, digital transformation promotes the deep integration of digital technology and production development, and provides new tools for enterprises to cope with increasingly frequent external shocks. This paper empirically examines the role of digital transformation in relation to the resilience of manufacturing firms based on microdata from 3,670 A-share listed manufacturing firms from 2013 to 2022. The outcomes reveal that by making firms more agile and responsive, digital transformation improves corporate resilience; however, heterogeneity analysis illustrates that digital transformation serves a more substantial part in boosting the resilience of state-owned enterprises (SOEs). The aforementioned results offer small-scale proof that enterprise resilience has been enhanced by digital transformation.