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| How Does Digital Technology Affect Industrial Change？An Exploration Based on Meta-analysis Technology |
| Zheng Diwen1,Xie Weihong1,2,Li Zhongshun2,Luo Jianbin1 |
| (1.School of Management,Guangdong University of Technology;2.School of Economics,Guangdong University of Technology,Guangzhou 510520,China) |
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Abstract In the current era, digital technology has changed the production processes, business models and industrial organizations, and even subverted the basic assumptions of many innovative theories. Digital technology supports the development of industry, and its supporting ability plays a key role in the process of forming industrial change. Especially in today's digital economy era, with the unpredictable market supply and demand and increasingly fierce competition among merchants, enterprises urgently need to keep exploring new market opportunities for profit growth and find a way that is in line with their own digital transformation in order to cope with the general trend of industrial change, and the use of digital technology plays an important role in this process. Therefore, it is a historical mission to explore how digital technology affects industrial change. What can be done to explore the influence mechanism of digital technology on industrial change? What are the common theories to explore the influence mechanism of digital technology on industrial change? Through what kind of mechanism does digital technology affect industrial change? What is the intensity of these influence mechanisms? #br#Within the analytical framework of long-wave theory of technological innovation (technological innovation—organizational change—labor employment—government supervision-industrial reform), this paper explores the influence mechanism of digital technology on industrial change. First of all, the research hypothesis is deduced based on the relevant theory and research; secondly, the literature is screened and coded according to the research paradigm of meta-analysis technology. Finally, the meta-analysis is carried out, including publication bias analysis, main effect analysis, moderating effect analysis, multiple regression analysis and sensitivity analysis, etc.#br#Firstly the influence mechanism of digital technology on industrial change consists of three levels: : the organizational level includes financial factors, innovation factors, performance factors, production and operation factors; the labor force level includes employment factors and labor force status factors; the policy level includes policy factors. Regardless of the degree of heterogeneity, there is a significant correlation between the main effect of digital technology on industrial change and the moderating effect of its influence mechanisms.#br#Secondly the impact of each mechanism is not consistent, for high correlation, moderate correlation and low correlation are involved. Environmental governance performance, regional innovation performance, total factor labor productivity, technological innovation capability, regional innovation, change of business model and factor mismatch at the organizational level; employment information, employment quality and urban and rural income at the labor level, and institutional and cultural heterogeneity at the policy level play important roles in analyzing the impact mechanism of digital technology on industrial change. The mismatch between policy attention and talent system is presented in the moderate influence mechanism of digital technology on industrial change. Finally, the inclusive nature of digital inclusive finance, green technology innovation, production speed, digital change and policy orientation play a weak role in analyzing the influence mechanism of digital technology on industrial transformation. Although these factors belong to a weak mechanism in the analysis of the influence mechanism of digital technology on industrial change, it should be noted that these mechanisms may have a stronger or weaker impact in analyzing the impact of digital technology on industrial change in different situations.#br#Thirdly in the existing empirical research, the main theories used to explore the influence mechanism of digital technology on industrial change are Schumpeter's innovation theory, empowerment theory, service-oriented logic theory, technological change, and labor demand theory, adaptive structure theory, technology long-wave theory and so on. In addition, there is the need to look forward to the following aspects: (1) the research on the specific process and forms of industrial change affected by digital technology; (2) the research on the government management strategy of digital technology; (3) the research on the impact of digital technology on industrial change in the context of China. This study provides a reference value for further deepening vertical-related research and situational-related research in the future.#br#
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Received: 20 June 2022
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