@article{ART003201777},
author={Hyeong-Min Kim},
title={Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises},
journal={Industry Promotion Research},
issn={2466-1139},
year={2025},
volume={10},
number={2},
pages={27-37},
doi={10.21186/IPR.2025.10.2.027}
TY - JOUR
AU - Hyeong-Min Kim
TI - Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises
JO - Industry Promotion Research
PY - 2025
VL - 10
IS - 2
PB - Industrial Promotion Institute
SP - 27
EP - 37
SN - 2466-1139
AB - The study aims to explore how digital transformation, smart factory, and government support affect business performance through innovation performance, while also examining the moderating role of market competition between innovation and business performance. Additionally, it investigates potential differences in causal relationships between SMEs and large enterprises. Utilizing original data from the “Korean Innovation Survey (KIS) 2022,” the analysis employed structural equation modeling (SEM). Findings indicate that digital transformation, smart factory, and government support positively influence innovation performance, which mediates the relationship with business performance. Contrary to expectations, market competition showed a negative moderating effect. The research also revealed significant statistical differences between SMEs and large enterprises, aiming to provide insights for managers and policymakers in the manufacturing sector.
KW - Digital Transformation;Smart Factory;Government Support;Market Competition;Innovation Performance
DO - 10.21186/IPR.2025.10.2.027
ER -
Hyeong-Min Kim. (2025). Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises. Industry Promotion Research, 10(2), 27-37.
Hyeong-Min Kim. 2025, "Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises", Industry Promotion Research, vol.10, no.2 pp.27-37. Available from: doi:10.21186/IPR.2025.10.2.027
Hyeong-Min Kim "Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises" Industry Promotion Research 10.2 pp.27-37 (2025) : 27.
Hyeong-Min Kim. Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises. 2025; 10(2), 27-37. Available from: doi:10.21186/IPR.2025.10.2.027
Hyeong-Min Kim. "Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises" Industry Promotion Research 10, no.2 (2025) : 27-37.doi: 10.21186/IPR.2025.10.2.027
Hyeong-Min Kim. Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises. Industry Promotion Research, 10(2), 27-37. doi: 10.21186/IPR.2025.10.2.027
Hyeong-Min Kim. Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises. Industry Promotion Research. 2025; 10(2) 27-37. doi: 10.21186/IPR.2025.10.2.027
Hyeong-Min Kim. Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises. 2025; 10(2), 27-37. Available from: doi:10.21186/IPR.2025.10.2.027
Hyeong-Min Kim. "Impact of Digital Transformation, Smart Factory, and Government Support on Business Performance in Manufacturing Companies: A Comparative Analysis of SMEs and Large Enterprises" Industry Promotion Research 10, no.2 (2025) : 27-37.doi: 10.21186/IPR.2025.10.2.027
