This study investigates the non-linear relationship between digitalization and the high-quality development of cultural, sports, and tourism enterprises. Using panel data from 116 listed Chinese companies (2010-2020), it finds an inverted U-shaped relationship, where moderate digitalization boosts quality, while excessive digitalization hinders it. Human capital and enterprise innovation mediate this relationship. The study also reveals regional, lifecycle, and risk-tolerance variations in the impact of digitalization.
Publisher
Humanities and Social Sciences Communications
Published On
Aug 22, 2024
Authors
Ruiyi Zhao, Ling Li
Tags
digitalization
high-quality development
cultural enterprises
sports enterprises
tourism enterprises
human capital
enterprise innovation
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