Browsing by Author "Xu, Zimu"
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Item Open Access Digital resilience and firm internationalization: a study of Chinese listed companies(Emerald, 2023-06-30) Li, Zhaochen; Xu, Zimu; Sukumar, ArunPurpose: The aim of this research is to explore the impact of digital resilience on firms' international performance. Using internal operation efficiency and innovation as channel variables, this paper explores the relationship between digital resilience and international firm performance of Chinese listed firms. Design/methodology/approach: The research design follows a quantitative approach. Using firm-level panel data from 2007 to 2020, this paper tests the hypotheses between digital resilience and international firm performance through internal efficiency and innovation. Findings: The results note that digital resilience has a positive effect on internationalization while operation efficiency is a channel through which digital resilience promotes internationalization. Digital resilience also facilitates innovation by improving research and development (R&D) efficiency and matching innovation collaborators. Originality/value: This paper is one of the first to explore digital resilience in the context of internalization and international firm performance. This paper extends the notion of resource-based view (RBV) to examine the relationship between digital resilience, internal efficiency and innovation on international firm performance.Item Open Access Digital technology and innovation: the impact of blockchain application on enterprise innovation(Elsevier, 2025-01-01) Li, Zhaochen; Xu, ZimuBlockchain as a frontier digital technology provides new opportunities for innovation. This paper builds a theoretical framework utilizing the Resource-Based View (RBV), and empirically examines the impact of blockchain application on enterprise innovation, based on panel data from Chinese listed companies spanning from 2007 to 2020. This paper finds that the adoption of blockchain applications significantly promotes enterprise innovation, through mechanisms of improving operational efficiency and expanding operational scope. With regard to contextuality, the positive effect of blockchain applications on innovation is more pronounced in enterprises with higher levels of technological and capital accumulation. With regard to temporality, innovation at faster paces can better realise the benefits of blockchain applications. This paper provides robust empirical evidence derived from a large sample, thereby enhancing our understanding of this dynamic relationship and suggesting directions for future research.Item Open Access Digital transformation and profit growth: a configurational analysis of regional dynamics(Institute of Electrical and Electronics Engineers (IEEE), 2025) Sawang, Sukanlaya; Zhao, Jian; Xu, ZimuThis study adopts Configuration Theory to explore how diverse combinations of regional factors contribute to profitability, emphasizing the principle of equifinality, which posits that multiple, equally effective configurations can lead to similar outcomes. This study examines the interplay of multiple factors—enterprise informatization, digital infrastructure, e-commerce, technological investment, innovation, hardware, and software—across four key themes: Digital Readiness and Technological Integration, Market and Economic Enablers, Innovation Capacity and Activity, and Foundational Artifacts and Resources. Using data from 31 provinces in China from 2015 to 2022, this study employs fuzzy-set Qualitative Comparative Analysis (fsQCA) to uncover pathways to regional profit growth. The study identifies five distinct configurations contributing to profit growth across China's provinces. In most configurations, e-commerce and technological investment emerge as central drivers. However, in less developed regions, profit growth relies more on improvements in digital infrastructure and hardware, with innovation and enterprise informatization playing a less significant role. The findings also reveal that profit growth requires addressing the weakest elements in the ecosystem—whether digital infrastructure, technological capabilities, or other factors. Strategies tailored to regional conditions must prioritize improving these weaker components to achieve sustained growth, as ignoring them can limit overall success.Item Open Access Exploring knowledge dynamics and change management in diverse corporate entrepreneurship ecosystems(Springer, 2024-12) Liu, Jixun; Zhu, Xiaoxian; Xu, ZimuThis study investigates change management in the context of corporate entrepreneurship (CE) and presents an innovative conceptual model to improve commitment to change. Utilizing Lewin’s model and Bandura’s social learning theory, the research identifies six essential success factors (CSFs) that are vital for achieving effective change management in CE initiatives. Using a combination of qualitative and quantitative methods, this study examines the relationship between the preparedness of organizations, facilitating factors, and the level of commitment individuals have toward change in 38 entrepreneurial corporations in China. The study suggests a new conceptual framework called the people-centered implementation (PCI) model as a strategy for implementing CE change. This model prioritizes the establishment of synergy between the efforts of an organization and its individuals, resulting in increased commitment and successful execution of entrepreneurial projects. The PCI model provides valuable knowledge for practitioners managing change within CE initiatives and contributing to broader economic transition and institutional changes. The uniqueness of this study is its concentration on change management challenges specific to CE and its creation of a pragmatic model to tackle these challenges, ultimately leading to enhanced project success and wider economic influence.Item Open Access Returnee entrepreneurship in China: the multi-faced story in the travel of location, time and culture(Springer, 2022-09-09) Xu, ZimuWith experience, knowledge and skills accumulated in both home and host countries, returnee entrepreneurs have been recognised as the international knowledge brokers and make significant contributions to the countries’ social-economic development. Particularly, China has emerged as an important context for its high number of global mobility of citizens, the rapid development of the economy, various policies initiatives designed to attract returnees, and the national effort in high-tech industries (Gruenhagen et al., Foundations and Trends in Entrepreneurship 16:310–392, 2020). With China’s rapid economic growth and accelerated global integration, there is a shifting perspective and reality of entrepreneurs returning from overseas. They face various challenges rising from their physical travel of locations, experiencing and adjusting to multi-cultures, as well as changes brought by time moving forward. This chapter discusses the changing nature and current challenges and opportunities.