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Research on the Impact of Government Procurement on Suppliers’ Digital Transformation |
WANG Ruzhou,ZHOU Huiyang,ZHANG Xiyu,XIN Fu |
1.Nanjing University, Nanjing, China; 2.Hohai University, Nanjing, China |
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Abstract Using the customer information disclosed in the annual report of A-share companies from 2009 to 2020, this study examines the impact of government procurement on the digital transformation of suppliers. The results show that government procurement has significantly promoted the digital transformation of suppliers. The heterogeneity test finds that government procurement can promote the digital transformation of suppliers more than SOE procurement, and continuous government procurement can promote the digital transformation of suppliers more than temporary government procurement. From the perspective of suppliers, private enterprises, SMEs and high-tech industry enterprises benefit more from the digital transformation promotion effect of government procurement. This study also reveals that government procurement promotes the digital transformation of supplier enterprises through specific mechanisms such as creating demand for digital products and services, the spillover effects of knowledge and technology from the digitalization efforts of government customers, and alleviating internal and external financing constraints of suppliers.
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Received: 08 February 2023
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