Business

Does digitalization always benefit cultural, sports, and tourism enterprises quality? Unveiling the inverted U-shaped relationship from a resource and capability perspective

R. Zhao and L. Li

This study by Ruiyi Zhao and Ling Li explores the intriguing non-linear dynamics between digitalization and high-quality development in cultural, sports, and tourism enterprises. It reveals how moderate digitalization can enhance quality, while excessive digitalization may actually hinder it, highlighting the role of human capital and innovation in this relationship.

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Abstract

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

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