The interplay of digital transformation, agility, environmental volatility, and innovation to spur enterprise performance: Evidence from Chinese electric vehicle firms
Given the rapid growth of China's electric vehicle (EV) industry, with sales expected to reach over 10 million units annually by 2025, there is an urgent need to understand how digital logistics, supply chain agility, and innovation can drive sustainable performance amidst increasing environmen...
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| Format: | Article |
| Language: | English |
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Elsevier
2024-12-01
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| Series: | Journal of Open Innovation: Technology, Market and Complexity |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2199853124002026 |
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| author | Boonsub Panichakarn Jessada Pochan Muhammad Shafiq Irfan Saleem YanQing Wang Sonia Nazeer |
| author_facet | Boonsub Panichakarn Jessada Pochan Muhammad Shafiq Irfan Saleem YanQing Wang Sonia Nazeer |
| author_sort | Boonsub Panichakarn |
| collection | DOAJ |
| description | Given the rapid growth of China's electric vehicle (EV) industry, with sales expected to reach over 10 million units annually by 2025, there is an urgent need to understand how digital logistics, supply chain agility, and innovation can drive sustainable performance amidst increasing environmental volatility. This study utilises the dynamic capability theory and proposes a framework that examines the interplay between digital transformation, agility, dual innovation, environmental volatility, and enterprise performance. A survey was circulated among the managers working in the EV industry. We received 197 responses. The data was analysed using Smart PLS software using structural equation modelling (SEM). The findings reveal that digital transformation has significant positive relationships with enterprise performance, agile capability, and innovation capability. Additionally, agile and innovation capabilities have positive effects on enterprise performance. The study recommends investment in digital transformation programs and fostering an agile, innovative culture in the EV industry. |
| format | Article |
| id | doaj-art-69cde00407024ff18db3e5ed02a528e8 |
| institution | OA Journals |
| issn | 2199-8531 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Journal of Open Innovation: Technology, Market and Complexity |
| spelling | doaj-art-69cde00407024ff18db3e5ed02a528e82025-08-20T02:30:42ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312024-12-0110410040810.1016/j.joitmc.2024.100408The interplay of digital transformation, agility, environmental volatility, and innovation to spur enterprise performance: Evidence from Chinese electric vehicle firmsBoonsub Panichakarn0Jessada Pochan1Muhammad Shafiq2Irfan Saleem3YanQing Wang4Sonia Nazeer5Faculty of Logistics and Digital Supply Chain, Naresuan University, ThailandFaculty of Logistics and Digital Supply Chain, Naresuan University, Thailand; Corresponding authors.Supply Chain and Engineering Management Research Unit, Faculty of Engineering, Chiang Mai University, ThailandFaculty of Business, Sohar University, Suhar, Sultanate of Oman; Corresponding authors.School of Electronic and Information Engineering, Wuzhou University, Wuzhou, Guangxi 543002, ChinaInstitute of Business, Management and Administrative Sciences, The Islamia University of Bahawalpur, PakistanGiven the rapid growth of China's electric vehicle (EV) industry, with sales expected to reach over 10 million units annually by 2025, there is an urgent need to understand how digital logistics, supply chain agility, and innovation can drive sustainable performance amidst increasing environmental volatility. This study utilises the dynamic capability theory and proposes a framework that examines the interplay between digital transformation, agility, dual innovation, environmental volatility, and enterprise performance. A survey was circulated among the managers working in the EV industry. We received 197 responses. The data was analysed using Smart PLS software using structural equation modelling (SEM). The findings reveal that digital transformation has significant positive relationships with enterprise performance, agile capability, and innovation capability. Additionally, agile and innovation capabilities have positive effects on enterprise performance. The study recommends investment in digital transformation programs and fostering an agile, innovative culture in the EV industry.http://www.sciencedirect.com/science/article/pii/S2199853124002026Digital transformationAgile CapabilityInnovation CapabilityEnterprise Performance |
| spellingShingle | Boonsub Panichakarn Jessada Pochan Muhammad Shafiq Irfan Saleem YanQing Wang Sonia Nazeer The interplay of digital transformation, agility, environmental volatility, and innovation to spur enterprise performance: Evidence from Chinese electric vehicle firms Journal of Open Innovation: Technology, Market and Complexity Digital transformation Agile Capability Innovation Capability Enterprise Performance |
| title | The interplay of digital transformation, agility, environmental volatility, and innovation to spur enterprise performance: Evidence from Chinese electric vehicle firms |
| title_full | The interplay of digital transformation, agility, environmental volatility, and innovation to spur enterprise performance: Evidence from Chinese electric vehicle firms |
| title_fullStr | The interplay of digital transformation, agility, environmental volatility, and innovation to spur enterprise performance: Evidence from Chinese electric vehicle firms |
| title_full_unstemmed | The interplay of digital transformation, agility, environmental volatility, and innovation to spur enterprise performance: Evidence from Chinese electric vehicle firms |
| title_short | The interplay of digital transformation, agility, environmental volatility, and innovation to spur enterprise performance: Evidence from Chinese electric vehicle firms |
| title_sort | interplay of digital transformation agility environmental volatility and innovation to spur enterprise performance evidence from chinese electric vehicle firms |
| topic | Digital transformation Agile Capability Innovation Capability Enterprise Performance |
| url | http://www.sciencedirect.com/science/article/pii/S2199853124002026 |
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