Digital transformation, knowledge management, and ambidextrous innovation in the high-speed train industry in China: The role of TMT’s digital knowledge
基于2009-2021年中国108家高铁行业上市公司数据，研究发现数字化转型通过促进内部知识重组和外部知识获取来推动双元创新，且高管团队的数字化知识会强化这一正向作用。
The survival and development of enterprises cannot be separated from the simultaneous excellence in exploitative and exploratory innovations, i.e., ambidextrous innovation. Despite enhanced intelligent decision-making and rapid response, the impact of digital transformation on firm knowledge management and the subsequent ambidextrous innovation in Chinese high-speed train industry remains unexplored. Furthermore, it is still unclear whether digital knowledge of Top Management Team (TMT) will affect the effectiveness of digital transformation. Based on the data of 108 listed companies in Chinese high-speed train industry from 2009 to 2021, this study empirically evaluates the relationship between digital transformation, knowledge management, and ambidextrous innovation, along with the moderating effect of digital knowledge of TMT. The empirical results indicate that digital transformation can significantly promote the ambidextrous innovation of the high-speed train industry in China by enhancing both internal knowledge recombination and external knowledge acquisition. Digital knowledge of TMT specifically strengthens the aforementioned positive impact.