Industrial internet technology,resource reallocation and corporate risk-taking capacity:Evidence from the strategic management perspective  

作　　者：Lili Hui Huobao Xie 

机构地区：[1]School of Management,Wuhan University of Technology,Wuhan,China [2]School of Economics and Management,Wuhan University,Wuhan,China

出　　处：《China Journal of Accounting Research》2024年第4期82-111,共30页中国会计学刊（英文版）

摘　　要：By employing machine learning techniques and the Word2Vec model,we quantify the micro-level implementation of Industrial Internet technology in Chinese manufacturing firms from 2010 to 2022.This provides empirical evidence for understanding how the Industrial Internet technology enhances corporate risk-taking capability.Our study shows that adopting this technology increases risk-taking capacity,mainly through resource reallocation.The information layer empowers improvements in organizational structure,the platform layer optimizes labor resources,and the edge/software layers facilitate the integration of supply chain resources.The effect is more pronounced in firms that are technology-and labor-intensive,particularly in environments of high economic policy uncertainty.In conclusion,the Industrial Internet boosts total factor productivity by fostering increased risk-taking.

关 键 词：Industrial Internet Technology Resource Reallocation Risk-Taking Capacity Supply Chain resources Machine Learning 

分 类 号：F272.3[经济管理—企业管理]