Empirical Research on the Influence Mechanisms of Digital Resources Input on Service Innovation in China’s Finance Industry

Abstract

In today’s era, digital technology and the digital economy are the forerunners of the scientific and technological revolution and industrial transformation in the world. This paper chooses the organization and executive integration perspectives, studies the effects of relationship between digital resources input and service innovation in China’s finance industry, and the path and the mechanism of the transmission process. Through empirical research, we find that digital resource input has a significant positive impact on service innovation, and information sharing and value creation have significant mediating effects on the relationship between digital resource input and service innovation. Network openness significantly promotes the positive relationship between digital resource input and value creation, while big data technical ability significantly promotes the positive relationship between information sharing and service innovation. Our findings have some significant meanings for China’s financial enterprises.