Introduction This study examines the impact of data element marketization on the organizational resilience of resource-based firms. Drawing on dynamic capability theory and ambidextrous innovation theory, it analyzes the chain mediation effect of exploitative innovation and exploratory innovation between them, as well as the negative moderating effect of industry competition on this relationship. Methods Using a sample of A-share listed resource-based firms in Shanghai and Shenzhen from 2015 to 2024, a multi-period difference-in-differences model is employed for empirical testing. Results The results show that data element marketization significantly enhances organizational resilience, a finding that remains robust after a series of tests including parallel trend test, placebo test, and PSM-DID. Specifically, exploitative innovation alone exerts a positive mediating effect; among firms with higher levels of exploitative innovation, exploratory innovation further generates a chain mediation effect of “exploitative innovation → exploratory innovation”; industry competition significantly and negatively moderates the above effects. Heterogeneity analysis reveals that the positive impact is more pronounced in eastern regions, large firms, and state-owned enterprises. Discussion This study not only offers a new theoretical perspective on the ambidextrous innovation mechanism through which data element marketization affects organizational resilience, but also provides empirical evidence and policy implications for resource-based firms to achieve differentiated transformation and upgrading by leveraging data elements.
Wang et al. (Tue,) studied this question.