The Effect of Data Factor Utilization Capability on Corporate Resilience
DOI:
https://doi.org/10.6981/FEM.202611_7(11).0006Keywords:
Data Factors; Data Factor Utilization Capability; Corporate Resilience.Abstract
As global technological competition intensifies, firms' capability to use data as a factor of production may help strengthen their resilience. Using a sample of Chinese A-share listed firms from 2011 to 2024, this study investigates the effect of data factor utilization capability on corporate resilience and the mechanisms underlying this relationship. The results indicate that stronger data factor utilization capability significantly enhances corporate resilience, primarily through improved internal control and persistent innovation. Furthermore, the positive effect is more pronounced among firms operating in high-tech industries and those located in regions with more favorable innovation environments. These findings highlight the potential value of improving the institutional framework for data as a factor of production and supporting firms' effective use of data.
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