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Sustainability
Volume 16
Issue 14
10.3390/su16146181
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Article

Smart Manufacturing and Enterprise Breakthrough Innovation: Co-Existence Test of “U-Shaped” and Inverted “U-Shaped” Relationships in Chinese Listed Companies

by
Hui Guang
1,
Ying Liu
1,
Jiao Feng
2,* and
Nan Wang
3
1
Business School, North Minzu University, Yinchuan 750021, China
2
Digital Economy and Smart Management Institute, Ningxia University, Yinchuan 750021, China
3
Labor and Human Resources School, Renmin University of China, Beijing 100872, China
*
Author to whom correspondence should be addressed.
Sustainability 2024, 16(14), 6181; https://doi.org/10.3390/su16146181
Submission received: 17 May 2024 / Revised: 16 July 2024 / Accepted: 17 July 2024 / Published: 19 July 2024
(This article belongs to the Special Issue Advances in Business Model Innovation and Corporate Sustainability)
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Abstract

This study, using the Technology Acceptance Model and Innovation Diffusion Theory, utilizes datasets from A-share manufacturing companies listed on China’s stock exchange from 2010 to 2022 to examine the impact of smart manufacturing on the dimensions of enterprise breakthrough innovation and the moderating role of service-oriented transformation. The findings reveal a “U-shaped” relationship between smart manufacturing and the width of breakthrough innovation, and an inverted “U-shaped” relationship between smart manufacturing and the depth of breakthrough innovation. Furthermore, enterprises’ service-oriented transformation positively moderates these relationships. This study is limited by its focus on Chinese listed companies, which may restrict the generalizability of the results to other regions. Future research should consider a broader sample, to validate and extend these findings. Nevertheless, the research findings provide a theoretical basis and practical insights for enterprises’ intelligent transformation and service transformation, promoting enterprise breakthrough innovation.
Keywords: smart manufacturing; breakthrough innovation; innovation width; innovation depth; service-oriented transformation smart manufacturing; breakthrough innovation; innovation width; innovation depth; service-oriented transformation

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MDPI and ACS Style

Guang, H.; Liu, Y.; Feng, J.; Wang, N. Smart Manufacturing and Enterprise Breakthrough Innovation: Co-Existence Test of “U-Shaped” and Inverted “U-Shaped” Relationships in Chinese Listed Companies. Sustainability 2024, 16, 6181. https://doi.org/10.3390/su16146181

AMA Style

Guang H, Liu Y, Feng J, Wang N. Smart Manufacturing and Enterprise Breakthrough Innovation: Co-Existence Test of “U-Shaped” and Inverted “U-Shaped” Relationships in Chinese Listed Companies. Sustainability. 2024; 16(14):6181. https://doi.org/10.3390/su16146181

Chicago/Turabian Style

Guang, Hui, Ying Liu, Jiao Feng, and Nan Wang. 2024. "Smart Manufacturing and Enterprise Breakthrough Innovation: Co-Existence Test of “U-Shaped” and Inverted “U-Shaped” Relationships in Chinese Listed Companies" Sustainability 16, no. 14: 6181. https://doi.org/10.3390/su16146181

APA Style

Guang, H., Liu, Y., Feng, J., & Wang, N. (2024). Smart Manufacturing and Enterprise Breakthrough Innovation: Co-Existence Test of “U-Shaped” and Inverted “U-Shaped” Relationships in Chinese Listed Companies. Sustainability, 16(14), 6181. https://doi.org/10.3390/su16146181

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