Abstract

Digitalization is a revolution, a frontal battleground in the new global competitive landscape, and a long-distance race for which all employees must be prepared, and organizations must actively embrace the resulting changes. The article begins by analyzing three characteristics of digital transformation and enterprise growth: the heterogeneity of digital transformation's impact on enterprise growth and the process by which digital transformation influences enterprise growth. In addition, this article develops a convolutional neural network-based financial early warning model to aid businesses' digital transformation initiatives.

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