PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v7i5.8609ArticleResearch on the Digital Economy, Technological Innovation, and Transformation and Upgrading of the Manufacturing Industry in Shandong Provincehttps://artdesignp.com/journal/PBES/7/5/10.26689/pbes.v7i5.8609LiuXijuan2024752024-10-22Based on panel data from 16 cities in Shandong Province from 2013 to 2022, and grounded in theoretical analysis, this paper constructs a benchmark regression model, a mediating effect model, and a heterogeneity test for empirical analysis. The results show that: (1) the digital economy has a significant positive effect on promoting the transformation and upgrading of the manufacturing industry in Shandong Province; (2) the digital economy can drive the transformation and upgrading of the manufacturing industry through technological innovation; and (3) the impact of the digital economy on the transformation and upgrading of the manufacturing industry in Shandong Province is evidently heterogeneous.

Pan W, Pan H, Chen L, et al., 2019, Evaluation Index System and Comprehensive Index of the Transformation and Upgrading of China’s Manufacturing Industry. Scientific Decision, 2019(9): 28–48.

Zhang W, Ge J, 2023, The Impact of Digital Economy Environment on the Transformation and Upgrading of Manufacturing Industry and Its Spatial Heterogeneity in the Yangtze River Economic Belt. Journal of Soochow University (Philosophy and Social Sciences Edition), 44(3): 51–62.

Qi Y, Xiao X, 2019, Enterprise Management Reform in the Era of Digital Economy. Management World, 36(6): 135–152 + 250.

Zhao Y, Pei C, 2019, Technological Innovation, Industrial Integration and Transformation and Upgrading of Manufacturing Industry. Science and Technology Progress and Countermeasures, 36(11): 70–76.

Wang J, Zhu J, Luo Q, 2021, The Development Level and Evolution Measurement of China’s Digital Economy. Research of Quantitative and Technical Economics, 38(7): 26–42.

Wang G, Cui L, Zheng J, et al., 2021, Digital Economy-Enabled Manufacturing Transformation and Upgrading: Mechanism and Effect of Heterogeneity. Acta Statistica Sinica, 2(5): 12–26.

Yang J, 2023, Study on the Impact of Digital Economy on the Transformation and Upgrading of Manufacturing Industry, dissertation, Hangzhou Dianzi University.

Wang X, Chen M, Chen N, 2023, Digital Economy, Green Technology Innovation, and Industrial Structure Upgrading. Economic Issues, 2023(1): 19–28.

Shen Y, Yang J, 2024, Digital Economy, Technological Innovation, and Transformation and Upgrading of Manufacturing Industry. Statistics and Decision, 40(3): 16–21.

Jiao Y, 2020, Digital Economy Enabling Manufacturing Transformation: From Value Remodeling to Value Creation. Reference of Economic Research, 2020(14): 113–118.

Guan H, Xu X, Zhang M, et al., 2020, Research on Industrial Statistical Classification of China’s Digital Economy. Statistical Research, 37(12): 3–16.

Wang H, Jiang G, 2022, Measurement and Influencing Mechanism of Digital Transformation of China’s Regional Manufacturing Industry. Science and Technology Management Research, 42(2): 192–200.

Xu H, Zhang Y, Cao Y, 2019, Digital Economy, Technology Spillover and Dynamic Policy of Competition and Cooperation. Management World, 36(11): 63–84.

Liao X, Yang Z, 2019, Effect Measurement and Realization Path of Digital Economy Enabling Transformation and Upgrading of Manufacturing Industry in Yangtze River Delta. East China Economic Management, 35(6): 22–30.

Qiao Y, Zhang Z, 2018, Research Review on Technological Innovation and Transformation and Upgrading of Manufacturing Enterprises. Journal of Luoyang Institute of Science and Technology (Social Science Edition), 33(6): 33–39.