Table 2 Descriptive statistics for key variables
| Â | Dimension | Observation | Mean | S.D. | Min | Max |
|---|---|---|---|---|---|---|
Overall digitalization degree | Digital artifact | 518 | 0.61 | 0.22 | 1 | 5 |
Digital platform | 518 | 0.63 | 0.22 | 1 | 5 | |
Digital infrastructure | 518 | 0.60 | 0.21 | 1 | 5 | |
Digital business model | 518 | 0.56 | 0.22 | 1 | 5 | |
Digital management model | 518 | 0.58 | 0.21 | 1 | 5 | |
Digitalization method | Internal R&D | 518 | 0.55 | 0.25 | 1 | 5 |
External acquisition | 518 | 0.61 | 0.22 | 1 | 5 | |
Digital technology adoption | Big data | 518 | 0.62 | 0.23 | 1 | 5 |
AI | 518 | 0.59 | 0.24 | 1 | 5 | |
Mobile | 518 | 0.68 | 0.22 | 1 | 5 | |
Cloud computing | 518 | 0.62 | 0.23 | 1 | 5 | |
IoT | 518 | 0.59 | 0.24 | 1 | 5 | |
Social | 518 | 0.69 | 0.22 | 1 | 5 | |
Platform development | 518 | 0.61 | 0.23 | 1 | 5 | |
Business mode | Rate of online business | 518 | 0.19 | 0.39 | 0 | 1 |
Short-term crisis responses | Production recovery | 518 | 0.65 | 0.16 | 1 | 5 |
Employee protection | 518 | 0.71 | 0.15 | 1 | 5 | |
Donation | 518 | 0.32 | 0.17 | 1 | 5 | |
Long-term crisis responses | Digital transformation | 518 | 0.71 | 0.21 | 1 | 5 |
Strategic change | 518 | 0.54 | 0.20 | 1 | 5 | |
Performance | Cost control status | 518 | 0.70 | 0.25 | 1 | 6 |
Cash flow status | 518 | 0.59 | 0.26 | 1 | 5 | |
Revenue status in the first quarter | 518 | 0.56 | 0.24 | 1 | 6 | |
Predicted performance | 518 | 0.59 | 0.20 | 1 | 5 |