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Chinese Journal of Management Science ›› 2022, Vol. 30 ›› Issue (6): 223-232.doi: 10.16381/j.cnki.issn1003-207x.2019.1987

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Impact of Firms’Digital Transformation on the Innovation Ecosystem:A Multi-agent Model Considering Dynamic of Market Size

YANG Wei, JI Li-xia, ZHOU Qing   

  1. Management School, Hangzhou Dianzi University, Hangzhou310018, China
  • Received:2019-12-01 Revised:2020-03-11 Online:2022-06-20 Published:2022-06-24
  • Contact: 周青 E-mail:Zhq7980@126.com

Abstract: Digital transformation not only affects the innovation performance of enterprises, but also affects the evolution of the innovation ecosystem through the “bottom-up” mechanism. In this study, a multi-agent model is built to examine the impact of digital transformation on the innovation ecosystem considering the market size dynamics.Numerical simulations and cases analysis show that the impact of enterprise digital transformation on innovation ecosystem is closely related to market size. In a growing market, the digital transformation significantly enhances the digitization level, the success rate of cooperative innovation, and the innovation performance. In a stable or a recessionary market, the digitalization level and the success rate of innovation stagnate after reaching a certain level. Meanwhile, the innovation performance gradually declines in a recessionary market. The research results indicate that not all enterprises and industries can benefit from digital transformation and need contingency decisions based on the characteristics of market size.

Key words: digital transformation; innovation ecosystem; market size; multi-agent model

CLC Number: