The Innovation Effect of Government Support for Digital Transformation of Agriculture-related Enterprises

Under the background of digital economy, the digital transformation of agriculture-related enterprises has become the key to promote the upgrading of the agricultural industry, and it is an important breakthrough point for agriculture-related enterprises to seek industrial transformation and innovation and change. In this regard, taking the A-share listed companies in China as a sample from 2013 to 2022, the mechanism of the impact of digital transformation on the innovation level of agriculture-related enterprises was examined. It was found that, the digital transformation of agriculture-related enterprises had a positive role in promoting corporate innovation; In the digital transformation of agriculture-related enterprises to improve the level of innovation, government subsidies had a positive incentive role, government subsidies had a significant positive moderating effect between enterprise digitization and corporate innovation; The digital transformation of agriculture-related enterprises had a positive role in promoting the patent output of the company; Compared with state-owned agriculture-related enterprises, the digital transformation positively affected the intensity of innovation of non-state-owned enterprises more strongly, and digital transformation positively affected the intensity of innovation of young enterprises more strongly compared to agribusiness-related enterprises with older enterprises. Based on the above findings, relevant policy recommendations were proposed.