Digital–real economy integration constitutes a critical strategic pathway for enhancing supply chain resilience and safeguarding industrial security. This paper takes the listed companies on the Shanghai and Shenzhen A-share markets from 2010 to 2024 as samples to examine the effect and internal mechanism of the integration of digital–real economies on the supply chain resilience of enterprises. The results show that: (1) Digital–real integration significantly enhances corporate supply chain resilience; (2) mechanism test results indicate that information transparency, supply chain diversification, talent capital and enterprise credit respectively perform the functions of chain stabilization, complementarity, extension and strengthening, which act as critical pathways for improving supply chain resilience; (3) complementary analyses reveal a robust three-way synergy among market efficiency, governmental capacity, and digital–real integration—jointly enhancing corporate supply chain resilience; (4) the promoting effect of digital–real integration on supply chain resilience shows heterogeneity and is more significant in samples of private enterprises, small-scale enterprises, regions with higher external risks, and regions with better institutional environments. From a micro-level enterprise perspective, this study reveals the transmission channels and moderating effects of digital–real integration on supply chain resilience, to some extent addressing the limitations of existing research and enriching the theory of digital–real integration and supply chain resilience. Practically, it offers guidance for firms to enhance supply chain resilience through digital upgrading and multidimensional pathways, and to formulate differentiated strategies aligned with external market and government conditions.
Li et al. (Thu,) studied this question.