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Impact Mechanism of Digital-real Integration on Corporate Performance in Construction Enterprises from the Perspective of Social Network
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Xiaolong XUE, Junpeng LIAO, Hongming GAO, Jianshuo CHEN
Science Technology and Industry | 2025, 25(15) : 255 - 263
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Science Technology and Industry | 2025, 25(15): 255-263
Enterprise Application
Impact Mechanism of Digital-real Integration on Corporate Performance in Construction Enterprises from the Perspective of Social Network
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Xiaolong XUE, Junpeng LIAO, Hongming GAO, Jianshuo CHEN
Affiliations
  • School of Management, Guangzhou University, Guangzhou 510006, China
Published: 2025-08-10
Outline
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The deep integration of the digital economy and real economy(DRI) serves as a pivotal strategy for driving China's high-quality economic development. Leveraging social network analysis (SNA), a DRI network was constructed using patent data from listed construction enterprises, their DRI levels were measured, and its impact mechanisms on corporate performance were investigated. Key findings include DRI significantly enhances corporate performance through dual pathways of knowledge breadth expansion and product competitiveness enhancement, with results remaining robust after addressing endogeneity concerns and rigorous robustness checks. Heterogeneity analysis reveals stronger performance improvements in high-tech enterprises, private-owned enterprises, and firms in growth/maturity stages, while stronger intellectual property protection and advanced digital infrastructure amplify these effects. Building on these insights, targeted policy recommendations are proposed to deepen DRI adoption in the construction sector.

digital-real integration  /  network characteristics  /  corporate performance  /  construction industry
Xiaolong XUE, Junpeng LIAO, Hongming GAO, Jianshuo CHEN. Impact Mechanism of Digital-real Integration on Corporate Performance in Construction Enterprises from the Perspective of Social Network[J]. Science Technology and Industry, 2025 , 25 (15) : 255 -263 .
Year 2025 volume 25 Issue 15
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Article Info
  • Receive Date:2025-02-24
  • Online Date:2025-09-18
  • Published:2025-08-10
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  • Received:2025-02-24
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    School of Management, Guangzhou University, Guangzhou 510006, China
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表12种不同金属材料的力学参数

Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
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Genus
种数
Number of
species
占总种数比例
Percentage of total
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鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
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