id	sid	tid	token	lemma	pos
abrj-536	1	1	49	49	NUM
abrj-536	1	2	©	©	PROPN
abrj-536	1	3	2025	2025	NUM
abrj-536	1	4	by	by	ADP
abrj-536	1	5	the	the	DET
abrj-536	1	6	authors	author	NOUN
abrj-536	1	7	;	;	PUNCT
abrj-536	1	8	licensee	licensee	NOUN
abrj-536	1	9	eastern	eastern	ADJ
abrj-536	1	10	centre	centre	NOUN
abrj-536	1	11	of	of	ADP
abrj-536	1	12	science	science	NOUN
abrj-536	1	13	and	and	CCONJ
abrj-536	1	14	education	education	NOUN
abrj-536	1	15	,	,	PUNCT
abrj-536	1	16	usa	usa	PROPN
abrj-536	1	17	asian	asian	PROPN
abrj-536	1	18	business	business	PROPN
abrj-536	1	19	research	research	PROPN
abrj-536	1	20	journal	journal	PROPN
abrj-536	1	21	vol	vol	NOUN
abrj-536	1	22	.	.	PROPN
abrj-536	2	1	10	10	NUM
abrj-536	2	2	,	,	PUNCT
abrj-536	2	3	no	no	INTJ
abrj-536	2	4	.	.	NOUN
abrj-536	2	5	8	8	NUM
abrj-536	2	6	,	,	PUNCT
abrj-536	2	7	49	49	NUM
abrj-536	2	8	-	-	SYM
abrj-536	2	9	58	58	NUM
abrj-536	2	10	,	,	PUNCT
abrj-536	2	11	2025	2025	NUM
abrj-536	2	12	issn	issn	NOUN
abrj-536	2	13	:	:	PUNCT
abrj-536	2	14	2576	2576	NUM
abrj-536	2	15	-	-	SYM
abrj-536	2	16	6759	6759	NUM
abrj-536	2	17	doi	doi	NOUN
abrj-536	2	18	:	:	PUNCT
abrj-536	2	19	10.55220/2576	10.55220/2576	NUM
abrj-536	2	20	-	-	SYM
abrj-536	2	21	6759.536	6759.536	NUM
abrj-536	2	22	©	©	PROPN
abrj-536	2	23	2025	2025	NUM
abrj-536	2	24	by	by	ADP
abrj-536	2	25	the	the	DET
abrj-536	2	26	authors	author	NOUN
abrj-536	2	27	;	;	PUNCT
abrj-536	2	28	licensee	licensee	NOUN
abrj-536	2	29	eastern	eastern	ADJ
abrj-536	2	30	centre	centre	NOUN
abrj-536	2	31	of	of	ADP
abrj-536	2	32	science	science	NOUN
abrj-536	2	33	and	and	CCONJ
abrj-536	2	34	education	education	NOUN
abrj-536	2	35	,	,	PUNCT
abrj-536	2	36	usa	usa	PROPN
abrj-536	2	37	the	the	DET
abrj-536	2	38	impact	impact	NOUN
abrj-536	2	39	of	of	ADP
abrj-536	2	40	customer	customer	NOUN
abrj-536	2	41	demand	demand	NOUN
abrj-536	2	42	orientation	orientation	NOUN
abrj-536	2	43	on	on	ADP
abrj-536	2	44	digital	digital	ADJ
abrj-536	2	45	transformation	transformation	NOUN
abrj-536	2	46	of	of	ADP
abrj-536	2	47	enterprises	enterprise	NOUN
abrj-536	2	48	wenshuai	wenshuai	VERB
abrj-536	2	49	chen1	chen1	PROPN
abrj-536	2	50	haochen	haochen	PROPN
abrj-536	2	51	wang2	wang2	PROPN
abrj-536	3	1			PROPN
abrj-536	3	2	saixing	saixe	VERB
abrj-536	3	3	zeng3	zeng3	PROPN
abrj-536	3	4	1,2,3antai	1,2,3antai	NUM
abrj-536	3	5	college	college	NOUN
abrj-536	3	6	of	of	ADP
abrj-536	3	7	economics	economics	PROPN
abrj-536	3	8	&	&	CCONJ
abrj-536	3	9	management	management	PROPN
abrj-536	3	10	,	,	PUNCT
abrj-536	3	11	shanghai	shanghai	PROPN
abrj-536	3	12	jiao	jiao	PROPN
abrj-536	3	13	tong	tong	PROPN
abrj-536	3	14	university	university	PROPN
abrj-536	3	15	,	,	PUNCT
abrj-536	3	16	china	china	PROPN
abrj-536	3	17	.	.	PUNCT
abrj-536	3	18	email	email	NOUN
abrj-536	3	19	:	:	PUNCT
abrj-536	3	20	chenws2021@163.com	chenws2021@163.com	X
abrj-536	3	21	email	email	NOUN
abrj-536	3	22	:	:	PUNCT
abrj-536	3	23	francis666@sjtu.edu.cn	francis666@sjtu.edu.cn	NUM
abrj-536	3	24	email	email	NOUN
abrj-536	3	25	:	:	PUNCT
abrj-536	3	26	zengsaixing@sjtu.edu.cn	zengsaixing@sjtu.edu.cn	PROPN
abrj-536	3	27	(	(	PUNCT
abrj-536	3	28	corresponding	corresponding	ADJ
abrj-536	3	29	author	author	NOUN
abrj-536	3	30	)	)	PUNCT
abrj-536	3	31	abstract	abstract	ADV
abrj-536	3	32	with	with	ADP
abrj-536	3	33	the	the	DET
abrj-536	3	34	continuous	continuous	ADJ
abrj-536	3	35	development	development	NOUN
abrj-536	3	36	of	of	ADP
abrj-536	3	37	science	science	NOUN
abrj-536	3	38	and	and	CCONJ
abrj-536	3	39	technology	technology	NOUN
abrj-536	3	40	,	,	PUNCT
abrj-536	3	41	the	the	DET
abrj-536	3	42	digital	digital	ADJ
abrj-536	3	43	transformation	transformation	NOUN
abrj-536	3	44	of	of	ADP
abrj-536	3	45	enterprises	enterprise	NOUN
abrj-536	3	46	has	have	AUX
abrj-536	3	47	become	become	VERB
abrj-536	3	48	one	one	NUM
abrj-536	3	49	of	of	ADP
abrj-536	3	50	the	the	DET
abrj-536	3	51	core	core	NOUN
abrj-536	3	52	forces	force	NOUN
abrj-536	3	53	to	to	PART
abrj-536	3	54	maintain	maintain	VERB
abrj-536	3	55	competitiveness	competitiveness	NOUN
abrj-536	3	56	and	and	CCONJ
abrj-536	3	57	create	create	VERB
abrj-536	3	58	lasting	lasting	ADJ
abrj-536	3	59	value	value	NOUN
abrj-536	3	60	.	.	PUNCT
abrj-536	4	1	however	however	ADV
abrj-536	4	2	,	,	PUNCT
abrj-536	4	3	this	this	DET
abrj-536	4	4	transformation	transformation	NOUN
abrj-536	4	5	is	be	AUX
abrj-536	4	6	not	not	PART
abrj-536	4	7	only	only	ADV
abrj-536	4	8	a	a	DET
abrj-536	4	9	technical	technical	ADJ
abrj-536	4	10	change	change	NOUN
abrj-536	4	11	but	but	CCONJ
abrj-536	4	12	also	also	ADV
abrj-536	4	13	a	a	DET
abrj-536	4	14	strategic	strategic	ADJ
abrj-536	4	15	process	process	NOUN
abrj-536	4	16	that	that	PRON
abrj-536	4	17	requires	require	VERB
abrj-536	4	18	deep	deep	ADJ
abrj-536	4	19	insight	insight	NOUN
abrj-536	4	20	and	and	CCONJ
abrj-536	4	21	flexibility	flexibility	NOUN
abrj-536	4	22	.	.	PUNCT
abrj-536	5	1	building	build	VERB
abrj-536	5	2	on	on	ADP
abrj-536	5	3	theories	theory	NOUN
abrj-536	5	4	of	of	ADP
abrj-536	5	5	customer	customer	NOUN
abrj-536	5	6	value	value	NOUN
abrj-536	5	7	theory	theory	NOUN
abrj-536	5	8	and	and	CCONJ
abrj-536	5	9	datadriven	datadriven	ADJ
abrj-536	5	10	decision	decision	NOUN
abrj-536	5	11	-	-	PUNCT
abrj-536	5	12	making	making	NOUN
abrj-536	5	13	,	,	PUNCT
abrj-536	5	14	this	this	DET
abrj-536	5	15	paper	paper	NOUN
abrj-536	5	16	explores	explore	VERB
abrj-536	5	17	the	the	DET
abrj-536	5	18	impact	impact	NOUN
abrj-536	5	19	of	of	ADP
abrj-536	5	20	customer	customer	NOUN
abrj-536	5	21	demand	demand	NOUN
abrj-536	5	22	orientation	orientation	NOUN
abrj-536	5	23	on	on	ADP
abrj-536	5	24	the	the	DET
abrj-536	5	25	level	level	NOUN
abrj-536	5	26	of	of	ADP
abrj-536	5	27	enterprise	enterprise	NOUN
abrj-536	5	28	digital	digital	ADJ
abrj-536	5	29	transformation	transformation	NOUN
abrj-536	5	30	based	base	VERB
abrj-536	5	31	on	on	ADP
abrj-536	5	32	the	the	DET
abrj-536	5	33	data	datum	NOUN
abrj-536	5	34	collected	collect	VERB
abrj-536	5	35	from	from	ADP
abrj-536	5	36	manufacturing	manufacture	VERB
abrj-536	5	37	enterprises	enterprise	NOUN
abrj-536	5	38	in	in	ADP
abrj-536	5	39	china	china	PROPN
abrj-536	5	40	's	's	PART
abrj-536	5	41	a	a	DET
abrj-536	5	42	-	-	PUNCT
abrj-536	5	43	share	share	NOUN
abrj-536	5	44	and	and	CCONJ
abrj-536	5	45	shanghai	shanghai	PROPN
abrj-536	5	46	stock	stock	NOUN
abrj-536	5	47	markets	market	NOUN
abrj-536	5	48	from	from	ADP
abrj-536	5	49	2010	2010	NUM
abrj-536	5	50	to	to	ADP
abrj-536	5	51	2021	2021	NUM
abrj-536	5	52	.	.	PUNCT
abrj-536	6	1	we	we	PRON
abrj-536	6	2	find	find	VERB
abrj-536	6	3	that	that	SCONJ
abrj-536	6	4	the	the	DET
abrj-536	6	5	degree	degree	NOUN
abrj-536	6	6	of	of	ADP
abrj-536	6	7	customer	customer	NOUN
abrj-536	6	8	demand	demand	NOUN
abrj-536	6	9	orientation	orientation	NOUN
abrj-536	6	10	has	have	VERB
abrj-536	6	11	a	a	DET
abrj-536	6	12	positive	positive	ADJ
abrj-536	6	13	impact	impact	NOUN
abrj-536	6	14	on	on	ADP
abrj-536	6	15	the	the	DET
abrj-536	6	16	level	level	NOUN
abrj-536	6	17	of	of	ADP
abrj-536	6	18	digital	digital	ADJ
abrj-536	6	19	transformation	transformation	NOUN
abrj-536	6	20	;	;	PUNCT
abrj-536	6	21	further	far	ADV
abrj-536	6	22	,	,	PUNCT
abrj-536	6	23	this	this	DET
abrj-536	6	24	main	main	ADJ
abrj-536	6	25	effect	effect	NOUN
abrj-536	6	26	is	be	AUX
abrj-536	6	27	moderated	moderate	VERB
abrj-536	6	28	by	by	ADP
abrj-536	6	29	industry	industry	NOUN
abrj-536	6	30	concentration	concentration	NOUN
abrj-536	6	31	externally	externally	ADV
abrj-536	6	32	and	and	CCONJ
abrj-536	6	33	investor	investor	NOUN
abrj-536	6	34	interaction	interaction	NOUN
abrj-536	6	35	response	response	NOUN
abrj-536	6	36	internally	internally	ADV
abrj-536	6	37	.	.	PUNCT
abrj-536	7	1	more	more	ADV
abrj-536	7	2	specifically	specifically	ADV
abrj-536	7	3	,	,	PUNCT
abrj-536	7	4	the	the	PRON
abrj-536	7	5	more	more	ADV
abrj-536	7	6	intense	intense	ADJ
abrj-536	7	7	the	the	DET
abrj-536	7	8	competition	competition	NOUN
abrj-536	7	9	in	in	ADP
abrj-536	7	10	the	the	DET
abrj-536	7	11	industry	industry	NOUN
abrj-536	7	12	and	and	CCONJ
abrj-536	7	13	the	the	DET
abrj-536	7	14	shorter	short	ADJ
abrj-536	7	15	the	the	DET
abrj-536	7	16	response	response	NOUN
abrj-536	7	17	time	time	NOUN
abrj-536	7	18	of	of	ADP
abrj-536	7	19	enterprises	enterprise	NOUN
abrj-536	7	20	to	to	ADP
abrj-536	7	21	investors	investor	NOUN
abrj-536	7	22	’	'	PUNCT
abrj-536	7	23	questions	question	NOUN
abrj-536	7	24	on	on	ADP
abrj-536	7	25	the	the	DET
abrj-536	7	26	interactive	interactive	ADJ
abrj-536	7	27	e	e	NOUN
abrj-536	7	28	-	-	NOUN
abrj-536	7	29	platform	platform	NOUN
abrj-536	7	30	,	,	PUNCT
abrj-536	7	31	the	the	PRON
abrj-536	7	32	stronger	strong	ADJ
abrj-536	7	33	the	the	DET
abrj-536	7	34	impact	impact	NOUN
abrj-536	7	35	of	of	ADP
abrj-536	7	36	customer	customer	NOUN
abrj-536	7	37	demand	demand	NOUN
abrj-536	7	38	orientation	orientation	NOUN
abrj-536	7	39	on	on	ADP
abrj-536	7	40	the	the	DET
abrj-536	7	41	level	level	NOUN
abrj-536	7	42	of	of	ADP
abrj-536	7	43	digital	digital	ADJ
abrj-536	7	44	transformation	transformation	NOUN
abrj-536	7	45	.	.	PUNCT
abrj-536	8	1	these	these	DET
abrj-536	8	2	insights	insight	NOUN
abrj-536	8	3	introduce	introduce	VERB
abrj-536	8	4	novel	novel	ADJ
abrj-536	8	5	effects	effect	NOUN
abrj-536	8	6	from	from	ADP
abrj-536	8	7	several	several	ADJ
abrj-536	8	8	perspectives	perspective	NOUN
abrj-536	8	9	on	on	ADP
abrj-536	8	10	enterprise	enterprise	NOUN
abrj-536	8	11	digital	digital	ADJ
abrj-536	8	12	transformation	transformation	NOUN
abrj-536	8	13	,	,	PUNCT
abrj-536	8	14	offering	offer	VERB
abrj-536	8	15	significant	significant	ADJ
abrj-536	8	16	theoretical	theoretical	ADJ
abrj-536	8	17	and	and	CCONJ
abrj-536	8	18	practical	practical	ADJ
abrj-536	8	19	implications	implication	NOUN
abrj-536	8	20	for	for	ADP
abrj-536	8	21	policy	policy	NOUN
abrj-536	8	22	-	-	PUNCT
abrj-536	8	23	makers	maker	NOUN
abrj-536	8	24	and	and	CCONJ
abrj-536	8	25	enterprise	enterprise	NOUN
abrj-536	8	26	decision	decision	NOUN
abrj-536	8	27	-	-	PUNCT
abrj-536	8	28	makers	maker	NOUN
abrj-536	8	29	regarding	regard	VERB
abrj-536	8	30	business	business	NOUN
abrj-536	8	31	digital	digital	ADJ
abrj-536	8	32	transformation	transformation	NOUN
abrj-536	8	33	.	.	PUNCT
abrj-536	9	1	keywords	keyword	NOUN
abrj-536	9	2	:	:	PUNCT
abrj-536	9	3	customer	customer	NOUN
abrj-536	9	4	demand	demand	NOUN
abrj-536	9	5	orientation	orientation	NOUN
abrj-536	9	6	,	,	PUNCT
abrj-536	9	7	industry	industry	NOUN
abrj-536	9	8	concentration	concentration	NOUN
abrj-536	9	9	,	,	PUNCT
abrj-536	9	10	investor	investor	NOUN
abrj-536	9	11	interaction	interaction	NOUN
abrj-536	9	12	response	response	NOUN
abrj-536	9	13	,	,	PUNCT
abrj-536	9	14	level	level	NOUN
abrj-536	9	15	of	of	ADP
abrj-536	9	16	digital	digital	ADJ
abrj-536	9	17	transformation	transformation	NOUN
abrj-536	9	18	.	.	PUNCT
abrj-536	10	1	1	1	X
abrj-536	10	2	.	.	X
abrj-536	10	3	introduction	introduction	NOUN
abrj-536	10	4	with	with	ADP
abrj-536	10	5	the	the	DET
abrj-536	10	6	rapid	rapid	ADJ
abrj-536	10	7	development	development	NOUN
abrj-536	10	8	of	of	ADP
abrj-536	10	9	the	the	DET
abrj-536	10	10	economy	economy	NOUN
abrj-536	10	11	and	and	CCONJ
abrj-536	10	12	the	the	DET
abrj-536	10	13	universal	universal	ADJ
abrj-536	10	14	popularization	popularization	NOUN
abrj-536	10	15	of	of	ADP
abrj-536	10	16	the	the	DET
abrj-536	10	17	internet	internet	NOUN
abrj-536	10	18	,	,	PUNCT
abrj-536	10	19	the	the	DET
abrj-536	10	20	speed	speed	NOUN
abrj-536	10	21	of	of	ADP
abrj-536	10	22	the	the	DET
abrj-536	10	23	development	development	NOUN
abrj-536	10	24	of	of	ADP
abrj-536	10	25	the	the	DET
abrj-536	10	26	digital	digital	ADJ
abrj-536	10	27	economy	economy	NOUN
abrj-536	10	28	,	,	PUNCT
abrj-536	10	29	the	the	DET
abrj-536	10	30	breadth	breadth	NOUN
abrj-536	10	31	of	of	ADP
abrj-536	10	32	its	its	PRON
abrj-536	10	33	radiation	radiation	NOUN
abrj-536	10	34	scope	scope	NOUN
abrj-536	10	35	,	,	PUNCT
abrj-536	10	36	and	and	CCONJ
abrj-536	10	37	the	the	DET
abrj-536	10	38	extent	extent	NOUN
abrj-536	10	39	of	of	ADP
abrj-536	10	40	its	its	PRON
abrj-536	10	41	far	far	ADV
abrj-536	10	42	-	-	PUNCT
abrj-536	10	43	reaching	reach	VERB
abrj-536	10	44	influence	influence	NOUN
abrj-536	10	45	have	have	AUX
abrj-536	10	46	reached	reach	VERB
abrj-536	10	47	an	an	DET
abrj-536	10	48	unprecedented	unprecedented	ADJ
abrj-536	10	49	point	point	NOUN
abrj-536	10	50	.	.	PUNCT
abrj-536	11	1	due	due	ADP
abrj-536	11	2	to	to	ADP
abrj-536	11	3	economic	economic	ADJ
abrj-536	11	4	growth	growth	NOUN
abrj-536	11	5	and	and	CCONJ
abrj-536	11	6	social	social	ADJ
abrj-536	11	7	progress	progress	NOUN
abrj-536	11	8	,	,	PUNCT
abrj-536	11	9	consumer	consumer	NOUN
abrj-536	11	10	demand	demand	NOUN
abrj-536	11	11	is	be	AUX
abrj-536	11	12	constantly	constantly	ADV
abrj-536	11	13	upgraded	upgrade	VERB
abrj-536	11	14	,	,	PUNCT
abrj-536	11	15	and	and	CCONJ
abrj-536	11	16	customer	customer	NOUN
abrj-536	11	17	demand	demand	NOUN
abrj-536	11	18	has	have	AUX
abrj-536	11	19	become	become	VERB
abrj-536	11	20	an	an	DET
abrj-536	11	21	important	important	ADJ
abrj-536	11	22	issue	issue	NOUN
abrj-536	11	23	that	that	SCONJ
abrj-536	11	24	enterprises	enterprise	NOUN
abrj-536	11	25	must	must	AUX
abrj-536	11	26	address	address	VERB
abrj-536	11	27	.	.	PUNCT
abrj-536	12	1	customer	customer	NOUN
abrj-536	12	2	demand	demand	NOUN
abrj-536	12	3	orientation	orientation	NOUN
abrj-536	12	4	requires	require	VERB
abrj-536	12	5	enterprises	enterprise	NOUN
abrj-536	12	6	not	not	PART
abrj-536	12	7	only	only	ADV
abrj-536	12	8	to	to	PART
abrj-536	12	9	meet	meet	VERB
abrj-536	12	10	the	the	DET
abrj-536	12	11	diversified	diversify	VERB
abrj-536	12	12	needs	need	NOUN
abrj-536	12	13	of	of	ADP
abrj-536	12	14	customers	customer	NOUN
abrj-536	12	15	but	but	CCONJ
abrj-536	12	16	also	also	ADV
abrj-536	12	17	to	to	PART
abrj-536	12	18	reflect	reflect	VERB
abrj-536	12	19	the	the	DET
abrj-536	12	20	personalized	personalized	ADJ
abrj-536	12	21	elements	element	NOUN
abrj-536	12	22	in	in	ADP
abrj-536	12	23	products	product	NOUN
abrj-536	12	24	and	and	CCONJ
abrj-536	12	25	services	service	NOUN
abrj-536	12	26	to	to	PART
abrj-536	12	27	enhance	enhance	VERB
abrj-536	12	28	the	the	DET
abrj-536	12	29	sense	sense	NOUN
abrj-536	12	30	of	of	ADP
abrj-536	12	31	customer	customer	NOUN
abrj-536	12	32	participation	participation	NOUN
abrj-536	12	33	and	and	CCONJ
abrj-536	12	34	experience	experience	NOUN
abrj-536	12	35	.	.	PUNCT
abrj-536	13	1	this	this	PRON
abrj-536	13	2	requires	require	VERB
abrj-536	13	3	enterprises	enterprise	NOUN
abrj-536	13	4	to	to	PART
abrj-536	13	5	conduct	conduct	VERB
abrj-536	13	6	in	in	ADP
abrj-536	13	7	-	-	PUNCT
abrj-536	13	8	depth	depth	NOUN
abrj-536	13	9	market	market	NOUN
abrj-536	13	10	research	research	NOUN
abrj-536	13	11	and	and	CCONJ
abrj-536	13	12	analysis	analysis	NOUN
abrj-536	13	13	to	to	PART
abrj-536	13	14	master	master	VERB
abrj-536	13	15	and	and	CCONJ
abrj-536	13	16	understand	understand	VERB
abrj-536	13	17	customer	customer	NOUN
abrj-536	13	18	needs	need	NOUN
abrj-536	13	19	and	and	CCONJ
abrj-536	13	20	consumption	consumption	NOUN
abrj-536	13	21	trends	trend	NOUN
abrj-536	13	22	in	in	ADP
abrj-536	13	23	order	order	NOUN
abrj-536	13	24	to	to	PART
abrj-536	13	25	implement	implement	VERB
abrj-536	13	26	precision	precision	NOUN
abrj-536	13	27	marketing	marketing	NOUN
abrj-536	13	28	and	and	CCONJ
abrj-536	13	29	customized	customized	ADJ
abrj-536	13	30	services	service	NOUN
abrj-536	13	31	.	.	PUNCT
abrj-536	14	1	digital	digital	ADJ
abrj-536	14	2	transformation	transformation	NOUN
abrj-536	14	3	is	be	AUX
abrj-536	14	4	an	an	DET
abrj-536	14	5	important	important	ADJ
abrj-536	14	6	means	mean	NOUN
abrj-536	14	7	for	for	SCONJ
abrj-536	14	8	enterprises	enterprise	NOUN
abrj-536	14	9	to	to	PART
abrj-536	14	10	adapt	adapt	VERB
abrj-536	14	11	to	to	ADP
abrj-536	14	12	the	the	DET
abrj-536	14	13	development	development	NOUN
abrj-536	14	14	of	of	ADP
abrj-536	14	15	the	the	DET
abrj-536	14	16	times	time	NOUN
abrj-536	14	17	and	and	CCONJ
abrj-536	14	18	can	can	AUX
abrj-536	14	19	help	help	VERB
abrj-536	14	20	them	they	PRON
abrj-536	14	21	improve	improve	VERB
abrj-536	14	22	production	production	NOUN
abrj-536	14	23	efficiency	efficiency	NOUN
abrj-536	14	24	,	,	PUNCT
abrj-536	14	25	reduce	reduce	VERB
abrj-536	14	26	costs	cost	NOUN
abrj-536	14	27	,	,	PUNCT
abrj-536	14	28	optimize	optimize	VERB
abrj-536	14	29	resource	resource	NOUN
abrj-536	14	30	allocation	allocation	NOUN
abrj-536	14	31	,	,	PUNCT
abrj-536	14	32	and	and	CCONJ
abrj-536	14	33	enhance	enhance	VERB
abrj-536	14	34	market	market	NOUN
abrj-536	14	35	competitiveness	competitiveness	NOUN
abrj-536	14	36	(	(	PUNCT
abrj-536	14	37	schweidel	schweidel	VERB
abrj-536	14	38	et	et	PROPN
abrj-536	14	39	al	al	PROPN
abrj-536	14	40	.	.	PROPN
abrj-536	14	41	,	,	PUNCT
abrj-536	14	42	2022	2022	NUM
abrj-536	14	43	)	)	PUNCT
abrj-536	14	44	.	.	PUNCT
abrj-536	15	1	under	under	ADP
abrj-536	15	2	the	the	DET
abrj-536	15	3	influence	influence	NOUN
abrj-536	15	4	of	of	ADP
abrj-536	15	5	customer	customer	NOUN
abrj-536	15	6	demand	demand	NOUN
abrj-536	15	7	orientation	orientation	NOUN
abrj-536	15	8	,	,	PUNCT
abrj-536	15	9	enterprises	enterprise	NOUN
abrj-536	15	10	need	need	VERB
abrj-536	15	11	to	to	PART
abrj-536	15	12	increase	increase	VERB
abrj-536	15	13	investment	investment	NOUN
abrj-536	15	14	in	in	ADP
abrj-536	15	15	r&d	r&d	NOUN
abrj-536	15	16	and	and	CCONJ
abrj-536	15	17	innovation	innovation	NOUN
abrj-536	15	18	so	so	SCONJ
abrj-536	15	19	as	as	SCONJ
abrj-536	15	20	to	to	PART
abrj-536	15	21	obtain	obtain	VERB
abrj-536	15	22	technology	technology	NOUN
abrj-536	15	23	and	and	CCONJ
abrj-536	15	24	production	production	NOUN
abrj-536	15	25	capacity	capacity	NOUN
abrj-536	15	26	that	that	PRON
abrj-536	15	27	can	can	AUX
abrj-536	15	28	meet	meet	VERB
abrj-536	15	29	customer	customer	NOUN
abrj-536	15	30	demand	demand	NOUN
abrj-536	15	31	,	,	PUNCT
abrj-536	15	32	and	and	CCONJ
abrj-536	15	33	realize	realize	VERB
abrj-536	15	34	the	the	DET
abrj-536	15	35	common	common	ADJ
abrj-536	15	36	development	development	NOUN
abrj-536	15	37	of	of	ADP
abrj-536	15	38	enterprises	enterprise	NOUN
abrj-536	15	39	and	and	CCONJ
abrj-536	15	40	customers	customer	NOUN
abrj-536	15	41	in	in	ADP
abrj-536	15	42	the	the	DET
abrj-536	15	43	process	process	NOUN
abrj-536	15	44	of	of	ADP
abrj-536	15	45	focusing	focus	VERB
abrj-536	15	46	on	on	ADP
abrj-536	15	47	customer	customer	NOUN
abrj-536	15	48	demand	demand	NOUN
abrj-536	15	49	and	and	CCONJ
abrj-536	15	50	digital	digital	ADJ
abrj-536	15	51	transformation	transformation	NOUN
abrj-536	15	52	.	.	PUNCT
abrj-536	16	1	building	build	VERB
abrj-536	16	2	on	on	ADP
abrj-536	16	3	theories	theory	NOUN
abrj-536	16	4	of	of	ADP
abrj-536	16	5	customer	customer	NOUN
abrj-536	16	6	value	value	NOUN
abrj-536	16	7	theory	theory	NOUN
abrj-536	16	8	and	and	CCONJ
abrj-536	16	9	data	data	NOUN
abrj-536	16	10	-	-	PUNCT
abrj-536	16	11	driven	drive	VERB
abrj-536	16	12	decision	decision	NOUN
abrj-536	16	13	-	-	PUNCT
abrj-536	16	14	making	making	NOUN
abrj-536	16	15	,	,	PUNCT
abrj-536	16	16	this	this	DET
abrj-536	16	17	paper	paper	NOUN
abrj-536	16	18	explores	explore	VERB
abrj-536	16	19	the	the	DET
abrj-536	16	20	impact	impact	NOUN
abrj-536	16	21	of	of	ADP
abrj-536	16	22	customer	customer	NOUN
abrj-536	16	23	demand	demand	NOUN
abrj-536	16	24	orientation	orientation	NOUN
abrj-536	16	25	on	on	ADP
abrj-536	16	26	the	the	DET
abrj-536	16	27	level	level	NOUN
abrj-536	16	28	of	of	ADP
abrj-536	16	29	enterprise	enterprise	NOUN
abrj-536	16	30	digital	digital	ADJ
abrj-536	16	31	transformation	transformation	NOUN
abrj-536	16	32	based	base	VERB
abrj-536	16	33	on	on	ADP
abrj-536	16	34	the	the	DET
abrj-536	16	35	data	datum	NOUN
abrj-536	16	36	collected	collect	VERB
abrj-536	16	37	from	from	ADP
abrj-536	16	38	manufacturing	manufacture	VERB
abrj-536	16	39	enterprises	enterprise	NOUN
abrj-536	16	40	in	in	ADP
abrj-536	16	41	china	china	PROPN
abrj-536	16	42	's	's	PART
abrj-536	16	43	a	a	DET
abrj-536	16	44	-	-	PUNCT
abrj-536	16	45	share	share	NOUN
abrj-536	16	46	and	and	CCONJ
abrj-536	16	47	shanghai	shanghai	PROPN
abrj-536	16	48	stock	stock	NOUN
abrj-536	16	49	markets	market	NOUN
abrj-536	16	50	from	from	ADP
abrj-536	16	51	2010	2010	NUM
abrj-536	16	52	to	to	ADP
abrj-536	16	53	2021	2021	NUM
abrj-536	16	54	.	.	PUNCT
abrj-536	17	1	through	through	ADP
abrj-536	17	2	text	text	NOUN
abrj-536	17	3	analysis	analysis	NOUN
abrj-536	17	4	to	to	PART
abrj-536	17	5	explore	explore	VERB
abrj-536	17	6	the	the	DET
abrj-536	17	7	key	key	ADJ
abrj-536	17	8	information	information	NOUN
abrj-536	17	9	in	in	ADP
abrj-536	17	10	enterprise	enterprise	NOUN
abrj-536	17	11	annual	annual	ADJ
abrj-536	17	12	reports	report	NOUN
abrj-536	17	13	,	,	PUNCT
abrj-536	17	14	we	we	PRON
abrj-536	17	15	count	count	VERB
abrj-536	17	16	the	the	DET
abrj-536	17	17	word	word	NOUN
abrj-536	17	18	frequency	frequency	NOUN
abrj-536	17	19	of	of	ADP
abrj-536	17	20	keywords	keyword	NOUN
abrj-536	17	21	such	such	ADJ
abrj-536	17	22	as	as	ADP
abrj-536	17	23	personalized	personalize	VERB
abrj-536	17	24	,	,	PUNCT
abrj-536	17	25	customized	customize	VERB
abrj-536	17	26	,	,	PUNCT
abrj-536	17	27	and	and	CCONJ
abrj-536	17	28	customer	customer	NOUN
abrj-536	17	29	-	-	PUNCT
abrj-536	17	30	oriented	orient	VERB
abrj-536	17	31	in	in	ADP
abrj-536	17	32	these	these	DET
abrj-536	17	33	reports	report	NOUN
abrj-536	17	34	and	and	CCONJ
abrj-536	17	35	take	take	VERB
abrj-536	17	36	the	the	DET
abrj-536	17	37	logarithmic	logarithmic	ADJ
abrj-536	17	38	processing	processing	NOUN
abrj-536	17	39	as	as	ADP
abrj-536	17	40	the	the	DET
abrj-536	17	41	enterprise	enterprise	NOUN
abrj-536	17	42	's	's	PART
abrj-536	17	43	score	score	NOUN
abrj-536	17	44	of	of	ADP
abrj-536	17	45	customer	customer	NOUN
abrj-536	17	46	demand	demand	NOUN
abrj-536	17	47	orientation	orientation	NOUN
abrj-536	17	48	.	.	PUNCT
abrj-536	18	1	at	at	ADP
abrj-536	18	2	the	the	DET
abrj-536	18	3	same	same	ADJ
abrj-536	18	4	time	time	NOUN
abrj-536	18	5	,	,	PUNCT
abrj-536	18	6	we	we	PRON
abrj-536	18	7	define	define	VERB
abrj-536	18	8	the	the	DET
abrj-536	18	9	level	level	NOUN
abrj-536	18	10	of	of	ADP
abrj-536	18	11	digital	digital	ADJ
abrj-536	18	12	transformation	transformation	NOUN
abrj-536	18	13	of	of	ADP
abrj-536	18	14	enterprises	enterprise	NOUN
abrj-536	18	15	by	by	ADP
abrj-536	18	16	digital	digital	ADJ
abrj-536	18	17	and	and	CCONJ
abrj-536	18	18	intelligent	intelligent	ADJ
abrj-536	18	19	readiness	readiness	NOUN
abrj-536	18	20	and	and	CCONJ
abrj-536	18	21	contribution	contribution	NOUN
abrj-536	18	22	to	to	ADP
abrj-536	18	23	digital	digital	ADJ
abrj-536	18	24	intelligence	intelligence	NOUN
abrj-536	18	25	.	.	PUNCT
abrj-536	19	1	digital	digital	ADJ
abrj-536	19	2	and	and	CCONJ
abrj-536	19	3	intelligent	intelligent	ADJ
abrj-536	19	4	readiness	readiness	NOUN
abrj-536	19	5	is	be	AUX
abrj-536	19	6	measured	measure	VERB
abrj-536	19	7	by	by	ADP
abrj-536	19	8	cio	cio	PROPN
abrj-536	19	9	(	(	PUNCT
abrj-536	19	10	chief	chief	ADJ
abrj-536	19	11	information	information	NOUN
abrj-536	19	12	officer	officer	NOUN
abrj-536	19	13	)	)	PUNCT
abrj-536	19	14	,	,	PUNCT
abrj-536	19	15	innovation	innovation	NOUN
abrj-536	19	16	-	-	PUNCT
abrj-536	19	17	oriented	orient	VERB
abrj-536	19	18	foresight	foresight	NOUN
abrj-536	19	19	,	,	PUNCT
abrj-536	19	20	innovation	innovation	NOUN
abrj-536	19	21	-	-	PUNCT
abrj-536	19	22	oriented	orient	VERB
abrj-536	19	23	continuity	continuity	NOUN
abrj-536	19	24	,	,	PUNCT
abrj-536	19	25	and	and	CCONJ
abrj-536	19	26	innovation	innovation	NOUN
abrj-536	19	27	-	-	PUNCT
abrj-536	19	28	oriented	orient	VERB
abrj-536	19	29	intensity	intensity	NOUN
abrj-536	19	30	.	.	PUNCT
abrj-536	20	1	contribution	contribution	NOUN
abrj-536	20	2	to	to	ADP
abrj-536	20	3	digital	digital	ADJ
abrj-536	20	4	intelligence	intelligence	NOUN
abrj-536	20	5	is	be	AUX
abrj-536	20	6	measured	measure	VERB
abrj-536	20	7	by	by	ADP
abrj-536	20	8	normalizing	normalize	VERB
abrj-536	20	9	the	the	DET
abrj-536	20	10	number	number	NOUN
abrj-536	20	11	of	of	ADP
abrj-536	20	12	numerical	numerical	ADJ
abrj-536	20	13	intelligence	intelligence	NOUN
abrj-536	20	14	-	-	PUNCT
abrj-536	20	15	related	relate	VERB
abrj-536	20	16	patents	patent	NOUN
abrj-536	20	17	obtained	obtain	VERB
abrj-536	20	18	by	by	ADP
abrj-536	20	19	a	a	DET
abrj-536	20	20	company	company	NOUN
abrj-536	20	21	each	each	DET
abrj-536	20	22	year	year	NOUN
abrj-536	20	23	.	.	PUNCT
abrj-536	21	1	our	our	PRON
abrj-536	21	2	research	research	NOUN
abrj-536	21	3	provides	provide	VERB
abrj-536	21	4	several	several	ADJ
abrj-536	21	5	interesting	interesting	ADJ
abrj-536	21	6	results	result	NOUN
abrj-536	21	7	that	that	PRON
abrj-536	21	8	can	can	AUX
abrj-536	21	9	inform	inform	VERB
abrj-536	21	10	business	business	NOUN
abrj-536	21	11	strategy	strategy	NOUN
abrj-536	21	12	regarding	regard	VERB
abrj-536	21	13	enterprise	enterprise	NOUN
abrj-536	21	14	's	's	PART
abrj-536	21	15	digital	digital	ADJ
abrj-536	21	16	transformation	transformation	NOUN
abrj-536	21	17	.	.	PUNCT
abrj-536	22	1	firstly	firstly	ADV
abrj-536	22	2	,	,	PUNCT
abrj-536	22	3	the	the	DET
abrj-536	22	4	degree	degree	NOUN
abrj-536	22	5	of	of	ADP
abrj-536	22	6	customer	customer	NOUN
abrj-536	22	7	demand	demand	NOUN
abrj-536	22	8	orientation	orientation	NOUN
abrj-536	22	9	positively	positively	ADV
abrj-536	22	10	affects	affect	VERB
abrj-536	22	11	digital	digital	ADJ
abrj-536	22	12	transformation	transformation	NOUN
abrj-536	22	13	.	.	PUNCT
abrj-536	23	1	in	in	ADP
abrj-536	23	2	order	order	NOUN
abrj-536	23	3	to	to	PART
abrj-536	23	4	meet	meet	VERB
abrj-536	23	5	customers	customer	NOUN
abrj-536	23	6	'	'	PART
abrj-536	23	7	personalized	personalized	ADJ
abrj-536	23	8	needs	need	NOUN
abrj-536	23	9	,	,	PUNCT
abrj-536	23	10	enterprises	enterprise	NOUN
abrj-536	23	11	need	need	VERB
abrj-536	23	12	to	to	PART
abrj-536	23	13	continuously	continuously	ADV
abrj-536	23	14	upgrade	upgrade	VERB
abrj-536	23	15	technology	technology	NOUN
abrj-536	23	16	and	and	CCONJ
abrj-536	23	17	digital	digital	ADJ
abrj-536	23	18	mailto:chenws2021@163.com	mailto:chenws2021@163.com	NUM
abrj-536	23	19	mailto:francis666@sjtu.edu.cn	mailto:francis666@sjtu.edu.cn	NOUN
abrj-536	23	20	mailto:zengsaixing@sjtu.edu.cn	mailto:zengsaixing@sjtu.edu.cn	PROPN
abrj-536	23	21	https://doi.org/10.55220/2576-6759.536	https://doi.org/10.55220/2576-6759.536	PROPN
abrj-536	23	22	asian	asian	ADJ
abrj-536	23	23	business	business	NOUN
abrj-536	23	24	research	research	NOUN
abrj-536	23	25	journal	journal	NOUN
abrj-536	23	26	,	,	PUNCT
abrj-536	23	27	2025	2025	NUM
abrj-536	23	28	,	,	PUNCT
abrj-536	23	29	10(8	10(8	NUM
abrj-536	23	30	):	):	PUNCT
abrj-536	23	31	49	49	NUM
abrj-536	23	32	-	-	SYM
abrj-536	23	33	58	58	NUM
abrj-536	23	34	50	50	NUM
abrj-536	23	35	©	©	PROPN
abrj-536	23	36	2025	2025	NUM
abrj-536	23	37	by	by	ADP
abrj-536	23	38	the	the	DET
abrj-536	23	39	authors	author	NOUN
abrj-536	23	40	;	;	PUNCT
abrj-536	23	41	licensee	licensee	NOUN
abrj-536	23	42	eastern	eastern	ADJ
abrj-536	23	43	centre	centre	NOUN
abrj-536	23	44	of	of	ADP
abrj-536	23	45	science	science	NOUN
abrj-536	23	46	and	and	CCONJ
abrj-536	23	47	education	education	NOUN
abrj-536	23	48	,	,	PUNCT
abrj-536	23	49	usa	usa	PROPN
abrj-536	23	50	transformation	transformation	NOUN
abrj-536	23	51	,	,	PUNCT
abrj-536	23	52	optimize	optimize	NOUN
abrj-536	23	53	business	business	NOUN
abrj-536	23	54	processes	process	NOUN
abrj-536	23	55	and	and	CCONJ
abrj-536	23	56	production	production	NOUN
abrj-536	23	57	processes	process	NOUN
abrj-536	23	58	,	,	PUNCT
abrj-536	23	59	and	and	CCONJ
abrj-536	23	60	improve	improve	VERB
abrj-536	23	61	their	their	PRON
abrj-536	23	62	digital	digital	ADJ
abrj-536	23	63	transformation	transformation	NOUN
abrj-536	23	64	level	level	NOUN
abrj-536	23	65	.	.	PUNCT
abrj-536	24	1	secondly	secondly	ADV
abrj-536	24	2	,	,	PUNCT
abrj-536	24	3	industry	industry	NOUN
abrj-536	24	4	concentration	concentration	NOUN
abrj-536	24	5	negatively	negatively	ADV
abrj-536	24	6	moderates	moderate	VERB
abrj-536	24	7	the	the	DET
abrj-536	24	8	relationship	relationship	NOUN
abrj-536	24	9	between	between	ADP
abrj-536	24	10	customer	customer	NOUN
abrj-536	24	11	demand	demand	NOUN
abrj-536	24	12	orientation	orientation	NOUN
abrj-536	24	13	and	and	CCONJ
abrj-536	24	14	the	the	DET
abrj-536	24	15	level	level	NOUN
abrj-536	24	16	of	of	ADP
abrj-536	24	17	digital	digital	ADJ
abrj-536	24	18	transformation	transformation	NOUN
abrj-536	24	19	.	.	PUNCT
abrj-536	25	1	in	in	ADP
abrj-536	25	2	industries	industry	NOUN
abrj-536	25	3	with	with	ADP
abrj-536	25	4	lower	low	ADJ
abrj-536	25	5	industry	industry	NOUN
abrj-536	25	6	concentration	concentration	NOUN
abrj-536	25	7	,	,	PUNCT
abrj-536	25	8	enterprises	enterprise	NOUN
abrj-536	25	9	face	face	VERB
abrj-536	25	10	more	more	ADJ
abrj-536	25	11	intense	intense	ADJ
abrj-536	25	12	competition	competition	NOUN
abrj-536	25	13	,	,	PUNCT
abrj-536	25	14	and	and	CCONJ
abrj-536	25	15	in	in	ADP
abrj-536	25	16	order	order	NOUN
abrj-536	25	17	to	to	PART
abrj-536	25	18	excel	excel	VERB
abrj-536	25	19	in	in	ADP
abrj-536	25	20	the	the	DET
abrj-536	25	21	competition	competition	NOUN
abrj-536	25	22	,	,	PUNCT
abrj-536	25	23	they	they	PRON
abrj-536	25	24	need	need	VERB
abrj-536	25	25	to	to	PART
abrj-536	25	26	respond	respond	VERB
abrj-536	25	27	to	to	ADP
abrj-536	25	28	customers	customer	NOUN
abrj-536	25	29	'	'	PART
abrj-536	25	30	personalized	personalize	VERB
abrj-536	25	31	needs	need	NOUN
abrj-536	25	32	faster	fast	ADV
abrj-536	25	33	and	and	CCONJ
abrj-536	25	34	more	more	ADV
abrj-536	25	35	efficiently	efficiently	ADV
abrj-536	25	36	.	.	PUNCT
abrj-536	26	1	finally	finally	ADV
abrj-536	26	2	,	,	PUNCT
abrj-536	26	3	investor	investor	NOUN
abrj-536	26	4	interaction	interaction	NOUN
abrj-536	26	5	response	response	NOUN
abrj-536	26	6	negatively	negatively	ADV
abrj-536	26	7	moderates	moderate	VERB
abrj-536	26	8	the	the	DET
abrj-536	26	9	relationship	relationship	NOUN
abrj-536	26	10	between	between	ADP
abrj-536	26	11	customer	customer	NOUN
abrj-536	26	12	demand	demand	NOUN
abrj-536	26	13	orientation	orientation	NOUN
abrj-536	26	14	and	and	CCONJ
abrj-536	26	15	the	the	DET
abrj-536	26	16	level	level	NOUN
abrj-536	26	17	of	of	ADP
abrj-536	26	18	digital	digital	ADJ
abrj-536	26	19	transformation	transformation	NOUN
abrj-536	26	20	.	.	PUNCT
abrj-536	27	1	by	by	ADP
abrj-536	27	2	responding	respond	VERB
abrj-536	27	3	quickly	quickly	ADV
abrj-536	27	4	to	to	ADP
abrj-536	27	5	investor	investor	NOUN
abrj-536	27	6	needs	need	NOUN
abrj-536	27	7	and	and	CCONJ
abrj-536	27	8	feedback	feedback	NOUN
abrj-536	27	9	,	,	PUNCT
abrj-536	27	10	listed	list	VERB
abrj-536	27	11	companies	company	NOUN
abrj-536	27	12	can	can	AUX
abrj-536	27	13	better	well	ADV
abrj-536	27	14	understand	understand	VERB
abrj-536	27	15	market	market	NOUN
abrj-536	27	16	dynamics	dynamic	NOUN
abrj-536	27	17	and	and	CCONJ
abrj-536	27	18	customer	customer	NOUN
abrj-536	27	19	needs	need	NOUN
abrj-536	27	20	,	,	PUNCT
abrj-536	27	21	and	and	CCONJ
abrj-536	27	22	then	then	ADV
abrj-536	27	23	adjust	adjust	VERB
abrj-536	27	24	their	their	PRON
abrj-536	27	25	own	own	ADJ
abrj-536	27	26	strategies	strategy	NOUN
abrj-536	27	27	and	and	CCONJ
abrj-536	27	28	business	business	NOUN
abrj-536	27	29	models	model	NOUN
abrj-536	27	30	to	to	PART
abrj-536	27	31	improve	improve	VERB
abrj-536	27	32	their	their	PRON
abrj-536	27	33	level	level	NOUN
abrj-536	27	34	of	of	ADP
abrj-536	27	35	digital	digital	ADJ
abrj-536	27	36	transformation	transformation	NOUN
abrj-536	27	37	.	.	PUNCT
abrj-536	28	1	our	our	PRON
abrj-536	28	2	research	research	NOUN
abrj-536	28	3	also	also	ADV
abrj-536	28	4	makes	make	VERB
abrj-536	28	5	the	the	DET
abrj-536	28	6	following	follow	VERB
abrj-536	28	7	theoretical	theoretical	ADJ
abrj-536	28	8	contributions	contribution	NOUN
abrj-536	28	9	:	:	PUNCT
abrj-536	28	10	firstly	firstly	ADV
abrj-536	28	11	,	,	PUNCT
abrj-536	28	12	it	it	PRON
abrj-536	28	13	provides	provide	VERB
abrj-536	28	14	theoretical	theoretical	ADJ
abrj-536	28	15	support	support	NOUN
abrj-536	28	16	and	and	CCONJ
abrj-536	28	17	guidance	guidance	VERB
abrj-536	28	18	for	for	ADP
abrj-536	28	19	enterprise	enterprise	NOUN
abrj-536	28	20	to	to	PART
abrj-536	28	21	facilitate	facilitate	VERB
abrj-536	28	22	digital	digital	ADJ
abrj-536	28	23	transformation	transformation	NOUN
abrj-536	28	24	.	.	PUNCT
abrj-536	29	1	studying	study	VERB
abrj-536	29	2	the	the	DET
abrj-536	29	3	influencing	influence	VERB
abrj-536	29	4	factors	factor	NOUN
abrj-536	29	5	and	and	CCONJ
abrj-536	29	6	evaluation	evaluation	NOUN
abrj-536	29	7	methods	method	NOUN
abrj-536	29	8	of	of	ADP
abrj-536	29	9	their	their	PRON
abrj-536	29	10	digital	digital	ADJ
abrj-536	29	11	transformation	transformation	NOUN
abrj-536	29	12	level	level	NOUN
abrj-536	29	13	can	can	AUX
abrj-536	29	14	help	help	VERB
abrj-536	29	15	enterprises	enterprise	NOUN
abrj-536	29	16	clarify	clarify	VERB
abrj-536	29	17	their	their	PRON
abrj-536	29	18	advantages	advantage	NOUN
abrj-536	29	19	and	and	CCONJ
abrj-536	29	20	disadvantages	disadvantage	NOUN
abrj-536	29	21	in	in	ADP
abrj-536	29	22	the	the	DET
abrj-536	29	23	process	process	NOUN
abrj-536	29	24	of	of	ADP
abrj-536	29	25	digital	digital	ADJ
abrj-536	29	26	transformation	transformation	NOUN
abrj-536	29	27	,	,	PUNCT
abrj-536	29	28	so	so	SCONJ
abrj-536	29	29	as	as	SCONJ
abrj-536	29	30	to	to	PART
abrj-536	29	31	formulate	formulate	VERB
abrj-536	29	32	a	a	DET
abrj-536	29	33	more	more	ADV
abrj-536	29	34	scientific	scientific	ADJ
abrj-536	29	35	and	and	CCONJ
abrj-536	29	36	reasonable	reasonable	ADJ
abrj-536	29	37	transformation	transformation	NOUN
abrj-536	29	38	strategy	strategy	NOUN
abrj-536	29	39	.	.	PUNCT
abrj-536	30	1	secondly	secondly	ADV
abrj-536	30	2	,	,	PUNCT
abrj-536	30	3	we	we	PRON
abrj-536	30	4	bridge	bridge	VERB
abrj-536	30	5	the	the	DET
abrj-536	30	6	gap	gap	NOUN
abrj-536	30	7	between	between	ADP
abrj-536	30	8	the	the	DET
abrj-536	30	9	research	research	NOUN
abrj-536	30	10	on	on	ADP
abrj-536	30	11	enterprise	enterprise	NOUN
abrj-536	30	12	digital	digital	ADJ
abrj-536	30	13	transformation	transformation	NOUN
abrj-536	30	14	and	and	CCONJ
abrj-536	30	15	customer	customer	NOUN
abrj-536	30	16	demand	demand	NOUN
abrj-536	30	17	which	which	PRON
abrj-536	30	18	is	be	AUX
abrj-536	30	19	under	under	ADP
abrj-536	30	20	explored	explore	VERB
abrj-536	30	21	in	in	ADP
abrj-536	30	22	literature	literature	NOUN
abrj-536	30	23	.	.	PUNCT
abrj-536	31	1	this	this	DET
abrj-536	31	2	study	study	NOUN
abrj-536	31	3	combines	combine	VERB
abrj-536	31	4	these	these	DET
abrj-536	31	5	two	two	NUM
abrj-536	31	6	fields	field	NOUN
abrj-536	31	7	,	,	PUNCT
abrj-536	31	8	and	and	CCONJ
abrj-536	31	9	provides	provide	VERB
abrj-536	31	10	novel	novel	ADJ
abrj-536	31	11	insights	insight	NOUN
abrj-536	31	12	through	through	ADP
abrj-536	31	13	using	use	VERB
abrj-536	31	14	updated	update	VERB
abrj-536	31	15	text	text	NOUN
abrj-536	31	16	analysis	analysis	NOUN
abrj-536	31	17	methods	method	NOUN
abrj-536	31	18	.	.	PUNCT
abrj-536	32	1	thirdly	thirdly	ADV
abrj-536	32	2	,	,	PUNCT
abrj-536	32	3	our	our	PRON
abrj-536	32	4	research	research	NOUN
abrj-536	32	5	provides	provide	VERB
abrj-536	32	6	practical	practical	ADJ
abrj-536	32	7	guidance	guidance	NOUN
abrj-536	32	8	for	for	ADP
abrj-536	32	9	policymakers	policymaker	NOUN
abrj-536	32	10	and	and	CCONJ
abrj-536	32	11	enterprise	enterprise	NOUN
abrj-536	32	12	decision	decision	NOUN
abrj-536	32	13	makers	maker	NOUN
abrj-536	32	14	regarding	regard	VERB
abrj-536	32	15	digital	digital	ADJ
abrj-536	32	16	transformation	transformation	NOUN
abrj-536	32	17	strategy	strategy	NOUN
abrj-536	32	18	.	.	PUNCT
abrj-536	33	1	for	for	ADP
abrj-536	33	2	example	example	NOUN
abrj-536	33	3	,	,	PUNCT
abrj-536	33	4	policymakers	policymaker	NOUN
abrj-536	33	5	can	can	AUX
abrj-536	33	6	use	use	VERB
abrj-536	33	7	this	this	DET
abrj-536	33	8	study	study	NOUN
abrj-536	33	9	to	to	PART
abrj-536	33	10	understand	understand	VERB
abrj-536	33	11	the	the	DET
abrj-536	33	12	difficulties	difficulty	NOUN
abrj-536	33	13	and	and	CCONJ
abrj-536	33	14	challenges	challenge	NOUN
abrj-536	33	15	faced	face	VERB
abrj-536	33	16	by	by	ADP
abrj-536	33	17	enterprises	enterprise	NOUN
abrj-536	33	18	in	in	ADP
abrj-536	33	19	the	the	DET
abrj-536	33	20	process	process	NOUN
abrj-536	33	21	of	of	ADP
abrj-536	33	22	digital	digital	ADJ
abrj-536	33	23	transformation	transformation	NOUN
abrj-536	33	24	,	,	PUNCT
abrj-536	33	25	so	so	SCONJ
abrj-536	33	26	as	as	SCONJ
abrj-536	33	27	to	to	PART
abrj-536	33	28	formulate	formulate	VERB
abrj-536	33	29	more	more	ADV
abrj-536	33	30	targeted	target	VERB
abrj-536	33	31	policy	policy	NOUN
abrj-536	33	32	measures	measure	NOUN
abrj-536	33	33	.	.	PUNCT
abrj-536	34	1	with	with	ADP
abrj-536	34	2	regard	regard	NOUN
abrj-536	34	3	to	to	ADP
abrj-536	34	4	enterprise	enterprise	NOUN
abrj-536	34	5	decision	decision	NOUN
abrj-536	34	6	makers	maker	NOUN
abrj-536	34	7	,	,	PUNCT
abrj-536	34	8	this	this	DET
abrj-536	34	9	study	study	NOUN
abrj-536	34	10	can	can	AUX
abrj-536	34	11	help	help	VERB
abrj-536	34	12	them	they	PRON
abrj-536	34	13	understand	understand	VERB
abrj-536	34	14	the	the	DET
abrj-536	34	15	impact	impact	NOUN
abrj-536	34	16	of	of	ADP
abrj-536	34	17	customers	customer	NOUN
abrj-536	34	18	'	'	PART
abrj-536	34	19	personalized	personalize	VERB
abrj-536	34	20	needs	need	NOUN
abrj-536	34	21	on	on	ADP
abrj-536	34	22	the	the	DET
abrj-536	34	23	digital	digital	ADJ
abrj-536	34	24	transformation	transformation	NOUN
abrj-536	34	25	of	of	ADP
abrj-536	34	26	enterprises	enterprise	NOUN
abrj-536	34	27	,	,	PUNCT
abrj-536	34	28	so	so	SCONJ
abrj-536	34	29	that	that	SCONJ
abrj-536	34	30	they	they	PRON
abrj-536	34	31	can	can	AUX
abrj-536	34	32	formulate	formulate	VERB
abrj-536	34	33	more	more	ADV
abrj-536	34	34	accurate	accurate	ADJ
abrj-536	34	35	marketing	marketing	NOUN
abrj-536	34	36	strategies	strategy	NOUN
abrj-536	34	37	.	.	PUNCT
abrj-536	35	1	2	2	X
abrj-536	35	2	.	.	X
abrj-536	35	3	theoretical	theoretical	ADJ
abrj-536	35	4	background	background	NOUN
abrj-536	35	5	and	and	CCONJ
abrj-536	35	6	hypothesis	hypothesis	NOUN
abrj-536	35	7	development	development	NOUN
abrj-536	35	8	2.1	2.1	NUM
abrj-536	35	9	.	.	PUNCT
abrj-536	36	1	customer	customer	NOUN
abrj-536	36	2	demand	demand	NOUN
abrj-536	36	3	orientation	orientation	NOUN
abrj-536	36	4	customer	customer	NOUN
abrj-536	36	5	orientation	orientation	NOUN
abrj-536	36	6	refers	refer	VERB
abrj-536	36	7	to	to	ADP
abrj-536	36	8	the	the	DET
abrj-536	36	9	degree	degree	NOUN
abrj-536	36	10	to	to	PART
abrj-536	36	11	which	which	PRON
abrj-536	36	12	an	an	DET
abrj-536	36	13	organization	organization	NOUN
abrj-536	36	14	and	and	CCONJ
abrj-536	36	15	its	its	PRON
abrj-536	36	16	employees	employee	NOUN
abrj-536	36	17	are	be	AUX
abrj-536	36	18	committed	commit	VERB
abrj-536	36	19	to	to	ADP
abrj-536	36	20	meeting	meet	VERB
abrj-536	36	21	customer	customer	NOUN
abrj-536	36	22	needs	need	VERB
abrj-536	36	23	and	and	CCONJ
abrj-536	36	24	improving	improve	VERB
abrj-536	36	25	the	the	DET
abrj-536	36	26	customer	customer	NOUN
abrj-536	36	27	experience	experience	NOUN
abrj-536	36	28	(	(	PUNCT
abrj-536	36	29	kiffin	kiffin	PROPN
abrj-536	36	30	-	-	PUNCT
abrj-536	36	31	petersen	petersen	PROPN
abrj-536	36	32	&	&	CCONJ
abrj-536	36	33	soutar	soutar	NOUN
abrj-536	36	34	,	,	PUNCT
abrj-536	36	35	2020	2020	NUM
abrj-536	36	36	)	)	PUNCT
abrj-536	36	37	.	.	PUNCT
abrj-536	37	1	it	it	PRON
abrj-536	37	2	guides	guide	VERB
abrj-536	37	3	companies	company	NOUN
abrj-536	37	4	to	to	PART
abrj-536	37	5	continually	continually	ADV
abrj-536	37	6	improve	improve	VERB
abrj-536	37	7	their	their	PRON
abrj-536	37	8	offerings	offering	NOUN
abrj-536	37	9	to	to	ADP
abrj-536	37	10	customers	customer	NOUN
abrj-536	37	11	(	(	PUNCT
abrj-536	37	12	ghouri	ghouri	PROPN
abrj-536	37	13	et	et	PROPN
abrj-536	37	14	al	al	PROPN
abrj-536	37	15	.	.	PROPN
abrj-536	37	16	,	,	PUNCT
abrj-536	37	17	2021	2021	NUM
abrj-536	37	18	)	)	PUNCT
abrj-536	37	19	,	,	PUNCT
abrj-536	37	20	facilitate	facilitate	VERB
abrj-536	37	21	the	the	DET
abrj-536	37	22	development	development	NOUN
abrj-536	37	23	of	of	ADP
abrj-536	37	24	new	new	ADJ
abrj-536	37	25	products	product	NOUN
abrj-536	37	26	and/or	and/or	CCONJ
abrj-536	37	27	services	service	NOUN
abrj-536	37	28	,	,	PUNCT
abrj-536	37	29	ensure	ensure	VERB
abrj-536	37	30	that	that	SCONJ
abrj-536	37	31	customer	customer	NOUN
abrj-536	37	32	value	value	NOUN
abrj-536	37	33	management	management	NOUN
abrj-536	37	34	is	be	AUX
abrj-536	37	35	more	more	ADJ
abrj-536	37	36	customer	customer	NOUN
abrj-536	37	37	driven	drive	VERB
abrj-536	37	38	than	than	SCONJ
abrj-536	37	39	it	it	PRON
abrj-536	37	40	driven	drive	VERB
abrj-536	37	41	,	,	PUNCT
abrj-536	37	42	develop	develop	VERB
abrj-536	37	43	customer	customer	NOUN
abrj-536	37	44	service	service	NOUN
abrj-536	37	45	quality	quality	NOUN
abrj-536	37	46	to	to	PART
abrj-536	37	47	improve	improve	VERB
abrj-536	37	48	customer	customer	NOUN
abrj-536	37	49	satisfaction	satisfaction	NOUN
abrj-536	37	50	,	,	PUNCT
abrj-536	37	51	loyalty	loyalty	NOUN
abrj-536	37	52	,	,	PUNCT
abrj-536	37	53	retention	retention	NOUN
abrj-536	37	54	.	.	PUNCT
abrj-536	38	1	since	since	SCONJ
abrj-536	38	2	the	the	DET
abrj-536	38	3	1990s	1990	NOUN
abrj-536	38	4	,	,	PUNCT
abrj-536	38	5	with	with	ADP
abrj-536	38	6	rapid	rapid	ADJ
abrj-536	38	7	advancements	advancement	NOUN
abrj-536	38	8	in	in	ADP
abrj-536	38	9	productivity	productivity	NOUN
abrj-536	38	10	,	,	PUNCT
abrj-536	38	11	more	more	ADJ
abrj-536	38	12	firms	firm	NOUN
abrj-536	38	13	have	have	AUX
abrj-536	38	14	acknowledged	acknowledge	VERB
abrj-536	38	15	the	the	DET
abrj-536	38	16	impact	impact	NOUN
abrj-536	38	17	of	of	ADP
abrj-536	38	18	customer	customer	NOUN
abrj-536	38	19	orientation	orientation	NOUN
abrj-536	38	20	on	on	ADP
abrj-536	38	21	product	product	NOUN
abrj-536	38	22	development	development	NOUN
abrj-536	38	23	and	and	CCONJ
abrj-536	38	24	performance	performance	NOUN
abrj-536	38	25	.	.	PUNCT
abrj-536	39	1	the	the	PRON
abrj-536	39	2	higher	high	ADJ
abrj-536	39	3	the	the	DET
abrj-536	39	4	degree	degree	NOUN
abrj-536	39	5	of	of	ADP
abrj-536	39	6	customer	customer	NOUN
abrj-536	39	7	orientation	orientation	NOUN
abrj-536	39	8	,	,	PUNCT
abrj-536	39	9	the	the	DET
abrj-536	39	10	more	more	ADJ
abrj-536	39	11	emphasis	emphasis	NOUN
abrj-536	39	12	firms	firm	NOUN
abrj-536	39	13	place	place	VERB
abrj-536	39	14	on	on	ADP
abrj-536	39	15	understanding	understanding	NOUN
abrj-536	39	16	and	and	CCONJ
abrj-536	39	17	satisfying	satisfy	VERB
abrj-536	39	18	customer	customer	NOUN
abrj-536	39	19	needs	need	NOUN
abrj-536	39	20	.	.	PUNCT
abrj-536	40	1	correspondingly	correspondingly	ADV
abrj-536	40	2	a	a	DET
abrj-536	40	3	good	good	ADJ
abrj-536	40	4	understanding	understanding	NOUN
abrj-536	40	5	of	of	ADP
abrj-536	40	6	customer	customer	NOUN
abrj-536	40	7	orientation	orientation	NOUN
abrj-536	40	8	is	be	AUX
abrj-536	40	9	a	a	DET
abrj-536	40	10	key	key	ADJ
abrj-536	40	11	requirement	requirement	NOUN
abrj-536	40	12	for	for	SCONJ
abrj-536	40	13	companies	company	NOUN
abrj-536	40	14	to	to	PART
abrj-536	40	15	be	be	AUX
abrj-536	40	16	competitive	competitive	ADJ
abrj-536	40	17	in	in	ADP
abrj-536	40	18	the	the	DET
abrj-536	40	19	marketplace	marketplace	NOUN
abrj-536	40	20	(	(	PUNCT
abrj-536	40	21	alt	alt	VERB
abrj-536	40	22	et	et	PROPN
abrj-536	40	23	al	al	PROPN
abrj-536	40	24	.	.	PROPN
abrj-536	40	25	,	,	PUNCT
abrj-536	40	26	2019	2019	NUM
abrj-536	40	27	)	)	PUNCT
abrj-536	40	28	,	,	PUNCT
abrj-536	40	29	which	which	PRON
abrj-536	40	30	in	in	ADP
abrj-536	40	31	turn	turn	NOUN
abrj-536	40	32	promotes	promote	VERB
abrj-536	40	33	the	the	DET
abrj-536	40	34	level	level	NOUN
abrj-536	40	35	of	of	ADP
abrj-536	40	36	digital	digital	ADJ
abrj-536	40	37	transformation	transformation	NOUN
abrj-536	40	38	.	.	PUNCT
abrj-536	41	1	as	as	ADP
abrj-536	41	2	a	a	DET
abrj-536	41	3	catalyst	catalyst	NOUN
abrj-536	41	4	,	,	PUNCT
abrj-536	41	5	digital	digital	ADJ
abrj-536	41	6	marketing	marketing	NOUN
abrj-536	41	7	promotes	promote	VERB
abrj-536	41	8	consumer	consumer	NOUN
abrj-536	41	9	interaction	interaction	NOUN
abrj-536	41	10	,	,	PUNCT
abrj-536	41	11	recognition	recognition	NOUN
abrj-536	41	12	of	of	ADP
abrj-536	41	13	the	the	DET
abrj-536	41	14	brand	brand	NOUN
abrj-536	41	15	,	,	PUNCT
abrj-536	41	16	and	and	CCONJ
abrj-536	41	17	broadening	broaden	VERB
abrj-536	41	18	company	company	NOUN
abrj-536	41	19	growth	growth	NOUN
abrj-536	41	20	(	(	PUNCT
abrj-536	41	21	zannat	zannat	NOUN
abrj-536	41	22	et	et	PROPN
abrj-536	41	23	al	al	PROPN
abrj-536	41	24	.	.	PROPN
abrj-536	41	25	,	,	PUNCT
abrj-536	41	26	2024	2024	NUM
abrj-536	41	27	)	)	PUNCT
abrj-536	41	28	.	.	PUNCT
abrj-536	42	1	personalization	personalization	NOUN
abrj-536	42	2	refers	refer	VERB
abrj-536	42	3	to	to	ADP
abrj-536	42	4	tailoring	tailor	VERB
abrj-536	42	5	products	product	NOUN
abrj-536	42	6	,	,	PUNCT
abrj-536	42	7	services	service	NOUN
abrj-536	42	8	,	,	PUNCT
abrj-536	42	9	or	or	CCONJ
abrj-536	42	10	interactions	interaction	NOUN
abrj-536	42	11	based	base	VERB
abrj-536	42	12	on	on	ADP
abrj-536	42	13	customer	customer	NOUN
abrj-536	42	14	data	datum	NOUN
abrj-536	42	15	and	and	CCONJ
abrj-536	42	16	preferences	preference	NOUN
abrj-536	42	17	inferred	infer	VERB
abrj-536	42	18	from	from	ADP
abrj-536	42	19	their	their	PRON
abrj-536	42	20	behavior	behavior	NOUN
abrj-536	42	21	,	,	PUNCT
abrj-536	42	22	aiming	aim	VERB
abrj-536	42	23	to	to	PART
abrj-536	42	24	meet	meet	VERB
abrj-536	42	25	their	their	PRON
abrj-536	42	26	unique	unique	ADJ
abrj-536	42	27	needs	need	NOUN
abrj-536	42	28	and	and	CCONJ
abrj-536	42	29	expectations	expectation	NOUN
abrj-536	42	30	.	.	PUNCT
abrj-536	43	1	there	there	PRON
abrj-536	43	2	are	be	VERB
abrj-536	43	3	three	three	NUM
abrj-536	43	4	types	type	NOUN
abrj-536	43	5	of	of	ADP
abrj-536	43	6	personalization	personalization	NOUN
abrj-536	43	7	:	:	PUNCT
abrj-536	43	8	user-	user-	X
abrj-536	43	9	,	,	PUNCT
abrj-536	43	10	transactionand	transactionand	ADV
abrj-536	43	11	context	context	NOUN
abrj-536	43	12	-	-	PUNCT
abrj-536	43	13	driven	drive	VERB
abrj-536	43	14	personalization	personalization	NOUN
abrj-536	43	15	.	.	PUNCT
abrj-536	44	1	user	user	NOUN
abrj-536	44	2	-	-	PUNCT
abrj-536	44	3	driven	drive	VERB
abrj-536	44	4	personalization	personalization	NOUN
abrj-536	44	5	refers	refer	VERB
abrj-536	44	6	to	to	ADP
abrj-536	44	7	users	user	NOUN
abrj-536	44	8	specifying	specify	VERB
abrj-536	44	9	in	in	ADP
abrj-536	44	10	advance	advance	NOUN
abrj-536	44	11	the	the	DET
abrj-536	44	12	desired	desire	VERB
abrj-536	44	13	web	web	NOUN
abrj-536	44	14	layout	layout	NOUN
abrj-536	44	15	and	and	CCONJ
abrj-536	44	16	content	content	NOUN
abrj-536	44	17	that	that	PRON
abrj-536	44	18	matches	match	VERB
abrj-536	44	19	the	the	DET
abrj-536	44	20	tools	tool	NOUN
abrj-536	44	21	and	and	CCONJ
abrj-536	44	22	options	option	NOUN
abrj-536	44	23	provided	provide	VERB
abrj-536	44	24	(	(	PUNCT
abrj-536	44	25	tam	tam	X
abrj-536	44	26	&	&	CCONJ
abrj-536	44	27	ho	ho	PROPN
abrj-536	44	28	,	,	PUNCT
abrj-536	44	29	2006	2006	NUM
abrj-536	44	30	)	)	PUNCT
abrj-536	44	31	.	.	PUNCT
abrj-536	45	1	this	this	DET
abrj-536	45	2	kind	kind	NOUN
abrj-536	45	3	of	of	ADP
abrj-536	45	4	personalization	personalization	NOUN
abrj-536	45	5	enhances	enhance	VERB
abrj-536	45	6	customer	customer	NOUN
abrj-536	45	7	satisfaction	satisfaction	NOUN
abrj-536	45	8	and	and	CCONJ
abrj-536	45	9	leads	lead	VERB
abrj-536	45	10	to	to	ADP
abrj-536	45	11	a	a	DET
abrj-536	45	12	better	well	ADJ
abrj-536	45	13	overall	overall	ADJ
abrj-536	45	14	experience	experience	NOUN
abrj-536	45	15	(	(	PUNCT
abrj-536	45	16	sun	sun	PROPN
abrj-536	45	17	&	&	CCONJ
abrj-536	45	18	zhang	zhang	PROPN
abrj-536	45	19	,	,	PUNCT
abrj-536	45	20	2021	2021	NUM
abrj-536	45	21	)	)	PUNCT
abrj-536	45	22	.	.	PUNCT
abrj-536	46	1	research	research	NOUN
abrj-536	46	2	also	also	ADV
abrj-536	46	3	indicates	indicate	VERB
abrj-536	46	4	that	that	SCONJ
abrj-536	46	5	personalized	personalized	ADJ
abrj-536	46	6	demand	demand	NOUN
abrj-536	46	7	significantly	significantly	ADV
abrj-536	46	8	boosts	boost	VERB
abrj-536	46	9	customer	customer	NOUN
abrj-536	46	10	retention	retention	NOUN
abrj-536	46	11	and	and	CCONJ
abrj-536	46	12	loyalty	loyalty	NOUN
abrj-536	46	13	,	,	PUNCT
abrj-536	46	14	as	as	SCONJ
abrj-536	46	15	consumers	consumer	NOUN
abrj-536	46	16	feel	feel	VERB
abrj-536	46	17	more	more	ADV
abrj-536	46	18	understood	understand	VERB
abrj-536	46	19	and	and	CCONJ
abrj-536	46	20	valued	value	VERB
abrj-536	46	21	.	.	PUNCT
abrj-536	47	1	customization	customization	NOUN
abrj-536	47	2	is	be	AUX
abrj-536	47	3	the	the	DET
abrj-536	47	4	process	process	NOUN
abrj-536	47	5	of	of	ADP
abrj-536	47	6	meeting	meet	VERB
abrj-536	47	7	the	the	DET
abrj-536	47	8	different	different	ADJ
abrj-536	47	9	preferences	preference	NOUN
abrj-536	47	10	and	and	CCONJ
abrj-536	47	11	personalized	personalized	ADJ
abrj-536	47	12	needs	need	NOUN
abrj-536	47	13	of	of	ADP
abrj-536	47	14	different	different	ADJ
abrj-536	47	15	individual	individual	ADJ
abrj-536	47	16	consumers	consumer	NOUN
abrj-536	47	17	;	;	PUNCT
abrj-536	47	18	therefore	therefore	ADV
abrj-536	47	19	,	,	PUNCT
abrj-536	47	20	customization	customization	NOUN
abrj-536	47	21	can	can	AUX
abrj-536	47	22	also	also	ADV
abrj-536	47	23	be	be	AUX
abrj-536	47	24	interpreted	interpret	VERB
abrj-536	47	25	as	as	ADP
abrj-536	47	26	a	a	DET
abrj-536	47	27	set	set	NOUN
abrj-536	47	28	of	of	ADP
abrj-536	47	29	solutions	solution	NOUN
abrj-536	47	30	tailored	tailor	VERB
abrj-536	47	31	to	to	ADP
abrj-536	47	32	customers	customer	NOUN
abrj-536	47	33	'	'	PART
abrj-536	47	34	specific	specific	ADJ
abrj-536	47	35	needs	need	NOUN
abrj-536	47	36	and	and	CCONJ
abrj-536	47	37	interests	interest	NOUN
abrj-536	47	38	,	,	PUNCT
abrj-536	47	39	and	and	CCONJ
abrj-536	47	40	providing	provide	VERB
abrj-536	47	41	products	product	NOUN
abrj-536	47	42	or	or	CCONJ
abrj-536	47	43	services	service	NOUN
abrj-536	47	44	for	for	ADP
abrj-536	47	45	the	the	DET
abrj-536	47	46	personalized	personalized	ADJ
abrj-536	47	47	preferences	preference	NOUN
abrj-536	47	48	of	of	ADP
abrj-536	47	49	different	different	ADJ
abrj-536	47	50	customers	customer	NOUN
abrj-536	47	51	(	(	PUNCT
abrj-536	47	52	shao	shao	PROPN
abrj-536	47	53	,	,	PUNCT
abrj-536	47	54	2020	2020	NUM
abrj-536	47	55	)	)	PUNCT
abrj-536	47	56	.	.	PUNCT
abrj-536	48	1	due	due	ADP
abrj-536	48	2	to	to	ADP
abrj-536	48	3	technological	technological	ADJ
abrj-536	48	4	advances	advance	NOUN
abrj-536	48	5	,	,	PUNCT
abrj-536	48	6	customizing	customize	VERB
abrj-536	48	7	one	one	NOUN
abrj-536	48	8	's	's	PART
abrj-536	48	9	own	own	ADJ
abrj-536	48	10	preferences	preference	NOUN
abrj-536	48	11	has	have	AUX
abrj-536	48	12	become	become	VERB
abrj-536	48	13	more	more	ADV
abrj-536	48	14	autonomous	autonomous	ADJ
abrj-536	48	15	with	with	ADP
abrj-536	48	16	the	the	DET
abrj-536	48	17	help	help	NOUN
abrj-536	48	18	from	from	ADP
abrj-536	48	19	information	information	NOUN
abrj-536	48	20	technology	technology	NOUN
abrj-536	48	21	and	and	CCONJ
abrj-536	48	22	other	other	ADJ
abrj-536	48	23	means	mean	NOUN
abrj-536	48	24	;	;	PUNCT
abrj-536	48	25	therefore	therefore	ADV
abrj-536	48	26	,	,	PUNCT
abrj-536	48	27	customization	customization	NOUN
abrj-536	48	28	can	can	AUX
abrj-536	48	29	also	also	ADV
abrj-536	48	30	be	be	AUX
abrj-536	48	31	defined	define	VERB
abrj-536	48	32	as	as	ADP
abrj-536	48	33	a	a	DET
abrj-536	48	34	system	system	NOUN
abrj-536	48	35	that	that	PRON
abrj-536	48	36	uses	use	VERB
abrj-536	48	37	information	information	NOUN
abrj-536	48	38	technology	technology	NOUN
abrj-536	48	39	to	to	PART
abrj-536	48	40	provide	provide	VERB
abrj-536	48	41	customers	customer	NOUN
abrj-536	48	42	with	with	ADP
abrj-536	48	43	a	a	DET
abrj-536	48	44	wide	wide	ADJ
abrj-536	48	45	range	range	NOUN
abrj-536	48	46	of	of	ADP
abrj-536	48	47	products	product	NOUN
abrj-536	48	48	and	and	CCONJ
abrj-536	48	49	services	service	NOUN
abrj-536	48	50	for	for	ADP
abrj-536	48	51	specific	specific	ADJ
abrj-536	48	52	needs	need	NOUN
abrj-536	48	53	by	by	ADP
abrj-536	48	54	constructing	construct	VERB
abrj-536	48	55	flexible	flexible	ADJ
abrj-536	48	56	design	design	NOUN
abrj-536	48	57	processes	process	NOUN
abrj-536	48	58	and	and	CCONJ
abrj-536	48	59	organizational	organizational	ADJ
abrj-536	48	60	structures	structure	NOUN
abrj-536	48	61	(	(	PUNCT
abrj-536	48	62	da	da	PROPN
abrj-536	48	63	silveira	silveira	PROPN
abrj-536	48	64	et	et	PROPN
abrj-536	48	65	al	al	PROPN
abrj-536	48	66	.	.	PROPN
abrj-536	48	67	,	,	PUNCT
abrj-536	48	68	2001	2001	NUM
abrj-536	48	69	)	)	PUNCT
abrj-536	48	70	.	.	PUNCT
abrj-536	49	1	in	in	ADP
abrj-536	49	2	addition	addition	NOUN
abrj-536	49	3	to	to	ADP
abrj-536	49	4	this	this	PRON
abrj-536	49	5	,	,	PUNCT
abrj-536	49	6	although	although	SCONJ
abrj-536	49	7	the	the	DET
abrj-536	49	8	preferences	preference	NOUN
abrj-536	49	9	of	of	ADP
abrj-536	49	10	different	different	ADJ
abrj-536	49	11	consumers	consumer	NOUN
abrj-536	49	12	for	for	ADP
abrj-536	49	13	customized	customized	ADJ
abrj-536	49	14	products	product	NOUN
abrj-536	49	15	and	and	CCONJ
abrj-536	49	16	services	service	NOUN
abrj-536	49	17	are	be	AUX
abrj-536	49	18	highly	highly	ADV
abrj-536	49	19	heterogeneous	heterogeneous	ADJ
abrj-536	49	20	and	and	CCONJ
abrj-536	49	21	stylistically	stylistically	ADV
abrj-536	49	22	diverse	diverse	ADJ
abrj-536	49	23	,	,	PUNCT
abrj-536	49	24	they	they	PRON
abrj-536	49	25	have	have	AUX
abrj-536	49	26	also	also	ADV
abrj-536	49	27	been	be	AUX
abrj-536	49	28	shown	show	VERB
abrj-536	49	29	to	to	PART
abrj-536	49	30	be	be	AUX
abrj-536	49	31	very	very	ADV
abrj-536	49	32	attractive	attractive	ADJ
abrj-536	49	33	to	to	ADP
abrj-536	49	34	consumers	consumer	NOUN
abrj-536	49	35	who	who	PRON
abrj-536	49	36	could	could	AUX
abrj-536	49	37	pay	pay	VERB
abrj-536	49	38	a	a	DET
abrj-536	49	39	significant	significant	ADJ
abrj-536	49	40	premium	premium	NOUN
abrj-536	49	41	and	and	CCONJ
abrj-536	49	42	tolerate	tolerate	VERB
abrj-536	49	43	longer	long	ADV
abrj-536	49	44	waiting	wait	VERB
abrj-536	49	45	times	time	NOUN
abrj-536	49	46	,	,	PUNCT
abrj-536	49	47	which	which	PRON
abrj-536	49	48	are	be	AUX
abrj-536	49	49	the	the	DET
abrj-536	49	50	main	main	ADJ
abrj-536	49	51	reasons	reason	NOUN
abrj-536	49	52	why	why	SCONJ
abrj-536	49	53	companies	company	NOUN
abrj-536	49	54	are	be	AUX
abrj-536	49	55	striving	strive	VERB
abrj-536	49	56	to	to	PART
abrj-536	49	57	upgrade	upgrade	VERB
abrj-536	49	58	their	their	PRON
abrj-536	49	59	technological	technological	ADJ
abrj-536	49	60	innovations	innovation	NOUN
abrj-536	49	61	to	to	PART
abrj-536	49	62	achieve	achieve	VERB
abrj-536	49	63	mass	mass	ADJ
abrj-536	49	64	customization	customization	NOUN
abrj-536	49	65	(	(	PUNCT
abrj-536	49	66	jost	jost	PROPN
abrj-536	49	67	&	&	CCONJ
abrj-536	49	68	süsser	süsser	PROPN
abrj-536	49	69	,	,	PUNCT
abrj-536	49	70	2020	2020	NUM
abrj-536	49	71	)	)	PUNCT
abrj-536	49	72	.	.	PUNCT
abrj-536	50	1	in	in	ADP
abrj-536	50	2	the	the	DET
abrj-536	50	3	past	past	NOUN
abrj-536	50	4	,	,	PUNCT
abrj-536	50	5	customization	customization	NOUN
abrj-536	50	6	of	of	ADP
abrj-536	50	7	products	product	NOUN
abrj-536	50	8	was	be	AUX
abrj-536	50	9	oriented	orient	VERB
abrj-536	50	10	to	to	ADP
abrj-536	50	11	individual	individual	ADJ
abrj-536	50	12	consumers	consumer	NOUN
abrj-536	50	13	or	or	CCONJ
abrj-536	50	14	groups	group	NOUN
abrj-536	50	15	with	with	ADP
abrj-536	50	16	small	small	ADJ
abrj-536	50	17	-	-	PUNCT
abrj-536	50	18	volume	volume	NOUN
abrj-536	50	19	demand	demand	NOUN
abrj-536	50	20	,	,	PUNCT
abrj-536	50	21	and	and	CCONJ
abrj-536	50	22	the	the	DET
abrj-536	50	23	production	production	NOUN
abrj-536	50	24	cost	cost	NOUN
abrj-536	50	25	was	be	AUX
abrj-536	50	26	high	high	ADJ
abrj-536	50	27	and	and	CCONJ
abrj-536	50	28	difficult	difficult	ADJ
abrj-536	50	29	to	to	PART
abrj-536	50	30	be	be	AUX
abrj-536	50	31	popularized	popularize	VERB
abrj-536	50	32	.	.	PUNCT
abrj-536	51	1	while	while	SCONJ
abrj-536	51	2	in	in	ADP
abrj-536	51	3	the	the	DET
abrj-536	51	4	digital	digital	ADJ
abrj-536	51	5	age	age	NOUN
abrj-536	51	6	,	,	PUNCT
abrj-536	51	7	production	production	NOUN
abrj-536	51	8	capacity	capacity	NOUN
abrj-536	51	9	and	and	CCONJ
abrj-536	51	10	people	people	NOUN
abrj-536	51	11	's	's	PART
abrj-536	51	12	living	living	NOUN
abrj-536	51	13	standards	standard	NOUN
abrj-536	51	14	have	have	AUX
abrj-536	51	15	made	make	VERB
abrj-536	51	16	rapid	rapid	ADJ
abrj-536	51	17	progress	progress	NOUN
abrj-536	51	18	,	,	PUNCT
abrj-536	51	19	and	and	CCONJ
abrj-536	51	20	traditional	traditional	ADJ
abrj-536	51	21	mass	mass	NOUN
abrj-536	51	22	production	production	NOUN
abrj-536	51	23	has	have	AUX
abrj-536	51	24	been	be	AUX
abrj-536	51	25	unable	unable	ADJ
abrj-536	51	26	to	to	PART
abrj-536	51	27	meet	meet	VERB
abrj-536	51	28	the	the	DET
abrj-536	51	29	growing	grow	VERB
abrj-536	51	30	demand	demand	NOUN
abrj-536	51	31	for	for	ADP
abrj-536	51	32	personalization	personalization	NOUN
abrj-536	51	33	;	;	PUNCT
abrj-536	51	34	in	in	ADP
abrj-536	51	35	order	order	NOUN
abrj-536	51	36	to	to	PART
abrj-536	51	37	keep	keep	VERB
abrj-536	51	38	abreast	abreast	ADV
abrj-536	51	39	of	of	ADP
abrj-536	51	40	the	the	DET
abrj-536	51	41	times	time	NOUN
abrj-536	51	42	,	,	PUNCT
abrj-536	51	43	the	the	DET
abrj-536	51	44	concept	concept	NOUN
abrj-536	51	45	of	of	ADP
abrj-536	51	46	mass	mass	ADJ
abrj-536	51	47	customization	customization	NOUN
abrj-536	51	48	came	come	VERB
abrj-536	51	49	into	into	ADP
abrj-536	51	50	being	being	NOUN
abrj-536	51	51	.	.	PUNCT
abrj-536	52	1	many	many	ADJ
abrj-536	52	2	scholars	scholar	NOUN
abrj-536	52	3	believe	believe	VERB
abrj-536	52	4	that	that	SCONJ
abrj-536	52	5	mass	mass	ADJ
abrj-536	52	6	customization	customization	NOUN
abrj-536	52	7	is	be	AUX
abrj-536	52	8	a	a	DET
abrj-536	52	9	mode	mode	NOUN
abrj-536	52	10	by	by	ADP
abrj-536	52	11	which	which	PRON
abrj-536	52	12	manufacturing	manufacturing	NOUN
abrj-536	52	13	firms	firm	NOUN
abrj-536	52	14	must	must	AUX
abrj-536	52	15	accept	accept	VERB
abrj-536	52	16	and	and	CCONJ
abrj-536	52	17	embrace	embrace	VERB
abrj-536	52	18	globally	globally	ADV
abrj-536	52	19	in	in	ADP
abrj-536	52	20	order	order	NOUN
abrj-536	52	21	to	to	PART
abrj-536	52	22	survive	survive	VERB
abrj-536	52	23	in	in	ADP
abrj-536	52	24	a	a	DET
abrj-536	52	25	continuously	continuously	ADV
abrj-536	52	26	dynamic	dynamic	ADJ
abrj-536	52	27	and	and	CCONJ
abrj-536	52	28	unstable	unstable	ADJ
abrj-536	52	29	environment	environment	NOUN
abrj-536	52	30	(	(	PUNCT
abrj-536	52	31	ullah	ullah	PROPN
abrj-536	52	32	&	&	CCONJ
abrj-536	52	33	narain	narain	PROPN
abrj-536	52	34	,	,	PUNCT
abrj-536	52	35	2018	2018	NUM
abrj-536	52	36	)	)	PUNCT
abrj-536	52	37	.	.	PUNCT
abrj-536	53	1	mass	mass	ADJ
abrj-536	53	2	customization	customization	NOUN
abrj-536	53	3	to	to	ADP
abrj-536	53	4	some	some	DET
abrj-536	53	5	extent	extent	NOUN
abrj-536	53	6	satisfies	satisfy	VERB
abrj-536	53	7	consumers	consumer	NOUN
abrj-536	53	8	'	'	PART
abrj-536	53	9	personalized	personalize	VERB
abrj-536	53	10	needs	need	NOUN
abrj-536	53	11	,	,	PUNCT
abrj-536	53	12	increases	increase	VERB
abrj-536	53	13	consumer	consumer	NOUN
abrj-536	53	14	loyalty	loyalty	NOUN
abrj-536	53	15	to	to	ADP
abrj-536	53	16	the	the	DET
abrj-536	53	17	brand	brand	NOUN
abrj-536	53	18	,	,	PUNCT
abrj-536	53	19	and	and	CCONJ
abrj-536	53	20	enables	enable	VERB
abrj-536	53	21	firms	firm	NOUN
abrj-536	53	22	to	to	PART
abrj-536	53	23	earn	earn	VERB
abrj-536	53	24	more	more	ADJ
abrj-536	53	25	profits	profit	NOUN
abrj-536	53	26	and	and	CCONJ
abrj-536	53	27	enhance	enhance	VERB
abrj-536	53	28	their	their	PRON
abrj-536	53	29	competitiveness	competitiveness	NOUN
abrj-536	53	30	.	.	PUNCT
abrj-536	54	1	2.2	2.2	NUM
abrj-536	54	2	.	.	PUNCT
abrj-536	54	3	customer	customer	NOUN
abrj-536	54	4	demand	demand	NOUN
abrj-536	54	5	orientation	orientation	NOUN
abrj-536	54	6	and	and	CCONJ
abrj-536	54	7	the	the	DET
abrj-536	54	8	level	level	NOUN
abrj-536	54	9	of	of	ADP
abrj-536	54	10	digital	digital	ADJ
abrj-536	54	11	transformation	transformation	NOUN
abrj-536	54	12	from	from	ADP
abrj-536	54	13	the	the	DET
abrj-536	54	14	data	data	NOUN
abrj-536	54	15	-	-	PUNCT
abrj-536	54	16	driven	drive	VERB
abrj-536	54	17	decision	decision	NOUN
abrj-536	54	18	-	-	PUNCT
abrj-536	54	19	making	make	VERB
abrj-536	54	20	viewpoint	viewpoint	NOUN
abrj-536	54	21	,	,	PUNCT
abrj-536	54	22	data	datum	NOUN
abrj-536	54	23	is	be	AUX
abrj-536	54	24	the	the	DET
abrj-536	54	25	basis	basis	NOUN
abrj-536	54	26	for	for	ADP
abrj-536	54	27	enterprise	enterprise	NOUN
abrj-536	54	28	decision	decision	NOUN
abrj-536	54	29	-	-	PUNCT
abrj-536	54	30	making	making	NOUN
abrj-536	54	31	.	.	PUNCT
abrj-536	55	1	through	through	ADP
abrj-536	55	2	digital	digital	ADJ
abrj-536	55	3	intelligence	intelligence	NOUN
abrj-536	55	4	technology	technology	NOUN
abrj-536	55	5	,	,	PUNCT
abrj-536	55	6	enterprises	enterprise	NOUN
abrj-536	55	7	can	can	AUX
abrj-536	55	8	better	well	ADV
abrj-536	55	9	grasp	grasp	VERB
abrj-536	55	10	the	the	DET
abrj-536	55	11	needs	need	NOUN
abrj-536	55	12	and	and	CCONJ
abrj-536	55	13	expectations	expectation	NOUN
abrj-536	55	14	of	of	ADP
abrj-536	55	15	customers	customer	NOUN
abrj-536	55	16	as	as	ADP
abrj-536	55	17	the	the	DET
abrj-536	55	18	basis	basis	NOUN
abrj-536	55	19	for	for	ADP
abrj-536	55	20	digital	digital	ADJ
abrj-536	55	21	transformation	transformation	NOUN
abrj-536	55	22	and	and	CCONJ
abrj-536	55	23	improve	improve	VERB
abrj-536	55	24	their	their	PRON
abrj-536	55	25	level	level	NOUN
abrj-536	55	26	of	of	ADP
abrj-536	55	27	digital	digital	ADJ
abrj-536	55	28	intelligence	intelligence	NOUN
abrj-536	55	29	.	.	PUNCT
abrj-536	56	1	the	the	DET
abrj-536	56	2	digitalization	digitalization	NOUN
abrj-536	56	3	of	of	ADP
abrj-536	56	4	processes	process	NOUN
abrj-536	56	5	is	be	AUX
abrj-536	56	6	beneficial	beneficial	ADJ
abrj-536	56	7	since	since	SCONJ
abrj-536	56	8	it	it	PRON
abrj-536	56	9	transmits	transmit	VERB
abrj-536	56	10	information	information	NOUN
abrj-536	56	11	in	in	ADP
abrj-536	56	12	real	real	ADJ
abrj-536	56	13	time	time	NOUN
abrj-536	56	14	,	,	PUNCT
abrj-536	56	15	allowing	allow	VERB
abrj-536	56	16	managers	manager	NOUN
abrj-536	56	17	to	to	PART
abrj-536	56	18	correct	correct	VERB
abrj-536	56	19	problems	problem	NOUN
abrj-536	56	20	more	more	ADV
abrj-536	56	21	effectively	effectively	ADV
abrj-536	56	22	and	and	CCONJ
abrj-536	56	23	with	with	ADP
abrj-536	56	24	less	less	ADJ
abrj-536	56	25	waste	waste	NOUN
abrj-536	56	26	(	(	PUNCT
abrj-536	56	27	broday	broday	NOUN
abrj-536	56	28	,	,	PUNCT
abrj-536	56	29	2022	2022	NUM
abrj-536	56	30	)	)	PUNCT
abrj-536	56	31	.	.	PUNCT
abrj-536	57	1	in	in	ADP
abrj-536	57	2	the	the	DET
abrj-536	57	3	era	era	NOUN
abrj-536	57	4	of	of	ADP
abrj-536	57	5	digitalization	digitalization	NOUN
abrj-536	57	6	,	,	PUNCT
abrj-536	57	7	customer	customer	NOUN
abrj-536	57	8	demand	demand	NOUN
abrj-536	57	9	orientation	orientation	NOUN
abrj-536	57	10	has	have	AUX
abrj-536	57	11	become	become	VERB
abrj-536	57	12	an	an	DET
abrj-536	57	13	important	important	ADJ
abrj-536	57	14	factor	factor	NOUN
abrj-536	57	15	affecting	affect	VERB
abrj-536	57	16	enterprises	enterprise	NOUN
abrj-536	57	17	'	'	PART
abrj-536	57	18	level	level	NOUN
abrj-536	57	19	of	of	ADP
abrj-536	57	20	digital	digital	ADJ
abrj-536	57	21	intelligence	intelligence	NOUN
abrj-536	57	22	.	.	PUNCT
abrj-536	58	1	a	a	DET
abrj-536	58	2	certain	certain	ADJ
abrj-536	58	3	level	level	NOUN
abrj-536	58	4	of	of	ADP
abrj-536	58	5	process	process	NOUN
abrj-536	58	6	maturity	maturity	NOUN
abrj-536	58	7	can	can	AUX
abrj-536	58	8	be	be	AUX
abrj-536	58	9	put	put	VERB
abrj-536	58	10	in	in	ADP
abrj-536	58	11	relation	relation	NOUN
abrj-536	58	12	to	to	ADP
abrj-536	58	13	a	a	DET
abrj-536	58	14	certain	certain	ADJ
abrj-536	58	15	innovation	innovation	NOUN
abrj-536	58	16	level	level	NOUN
abrj-536	58	17	and	and	CCONJ
abrj-536	58	18	a	a	DET
abrj-536	58	19	certain	certain	ADJ
abrj-536	58	20	level	level	NOUN
abrj-536	58	21	of	of	ADP
abrj-536	58	22	digital	digital	ADJ
abrj-536	58	23	change	change	NOUN
abrj-536	58	24	and	and	CCONJ
abrj-536	58	25	an	an	DET
abrj-536	58	26	adaptable	adaptable	ADJ
abrj-536	58	27	process	process	NOUN
abrj-536	58	28	could	could	AUX
abrj-536	58	29	respond	respond	VERB
abrj-536	58	30	to	to	ADP
abrj-536	58	31	changes	change	NOUN
abrj-536	58	32	in	in	ADP
abrj-536	58	33	customer	customer	NOUN
abrj-536	58	34	demands	demand	VERB
abrj-536	58	35	better	well	ADV
abrj-536	58	36	(	(	PUNCT
abrj-536	58	37	sehlin	sehlin	NOUN
abrj-536	58	38	et	et	PROPN
abrj-536	58	39	al	al	PROPN
abrj-536	58	40	.	.	PROPN
abrj-536	58	41	,	,	PUNCT
abrj-536	58	42	2019	2019	NUM
abrj-536	58	43	)	)	PUNCT
abrj-536	58	44	.	.	PUNCT
abrj-536	59	1	in	in	ADP
abrj-536	59	2	the	the	DET
abrj-536	59	3	process	process	NOUN
abrj-536	59	4	of	of	ADP
abrj-536	59	5	the	the	DET
abrj-536	59	6	market	market	NOUN
abrj-536	59	7	constantly	constantly	ADV
abrj-536	59	8	calling	call	VERB
abrj-536	59	9	on	on	ADP
abrj-536	59	10	enterprises	enterprise	NOUN
abrj-536	59	11	to	to	PART
abrj-536	59	12	improve	improve	VERB
abrj-536	59	13	their	their	PRON
abrj-536	59	14	production	production	NOUN
abrj-536	59	15	quality	quality	NOUN
abrj-536	59	16	and	and	CCONJ
abrj-536	59	17	pay	pay	VERB
abrj-536	59	18	attention	attention	NOUN
abrj-536	59	19	to	to	ADP
abrj-536	59	20	consumer	consumer	NOUN
abrj-536	59	21	demand	demand	NOUN
abrj-536	59	22	,	,	PUNCT
abrj-536	59	23	enterprises	enterprise	NOUN
abrj-536	59	24	have	have	AUX
abrj-536	59	25	become	become	VERB
abrj-536	59	26	more	more	ADV
abrj-536	59	27	innovative	innovative	ADJ
abrj-536	59	28	asian	asian	ADJ
abrj-536	59	29	business	business	NOUN
abrj-536	59	30	research	research	NOUN
abrj-536	59	31	journal	journal	NOUN
abrj-536	59	32	,	,	PUNCT
abrj-536	59	33	2025	2025	NUM
abrj-536	59	34	,	,	PUNCT
abrj-536	59	35	10(8	10(8	NUM
abrj-536	59	36	):	):	PUNCT
abrj-536	59	37	49	49	NUM
abrj-536	59	38	-	-	SYM
abrj-536	59	39	58	58	NUM
abrj-536	59	40	51	51	NUM
abrj-536	59	41	©	©	PROPN
abrj-536	59	42	2025	2025	NUM
abrj-536	59	43	by	by	ADP
abrj-536	59	44	the	the	DET
abrj-536	59	45	authors	author	NOUN
abrj-536	59	46	;	;	PUNCT
abrj-536	59	47	licensee	licensee	NOUN
abrj-536	59	48	eastern	eastern	ADJ
abrj-536	59	49	centre	centre	NOUN
abrj-536	59	50	of	of	ADP
abrj-536	59	51	science	science	NOUN
abrj-536	59	52	and	and	CCONJ
abrj-536	59	53	education	education	NOUN
abrj-536	59	54	,	,	PUNCT
abrj-536	59	55	usa	usa	PROPN
abrj-536	59	56	in	in	ADP
abrj-536	59	57	the	the	DET
abrj-536	59	58	process	process	NOUN
abrj-536	59	59	of	of	ADP
abrj-536	59	60	being	be	AUX
abrj-536	59	61	pushed	push	VERB
abrj-536	59	62	forward	forward	ADV
abrj-536	59	63	(	(	PUNCT
abrj-536	59	64	fichman	fichman	PROPN
abrj-536	59	65	et	et	PROPN
abrj-536	59	66	al	al	PROPN
abrj-536	59	67	.	.	PROPN
abrj-536	59	68	,	,	PUNCT
abrj-536	59	69	2014	2014	NUM
abrj-536	59	70	)	)	PUNCT
abrj-536	59	71	.	.	PUNCT
abrj-536	60	1	strengthening	strengthen	VERB
abrj-536	60	2	digital	digital	ADJ
abrj-536	60	3	infrastructure	infrastructure	NOUN
abrj-536	60	4	can	can	AUX
abrj-536	60	5	scale	scale	VERB
abrj-536	60	6	up	up	ADP
abrj-536	60	7	the	the	DET
abrj-536	60	8	energy	energy	NOUN
abrj-536	60	9	transition	transition	NOUN
abrj-536	60	10	(	(	PUNCT
abrj-536	60	11	olugbenga	olugbenga	NOUN
abrj-536	60	12	,	,	PUNCT
abrj-536	60	13	2025	2025	NUM
abrj-536	60	14	)	)	PUNCT
abrj-536	60	15	.	.	PUNCT
abrj-536	61	1	the	the	DET
abrj-536	61	2	challenge	challenge	NOUN
abrj-536	61	3	for	for	ADP
abrj-536	61	4	a	a	DET
abrj-536	61	5	manufacturing	manufacture	VERB
abrj-536	61	6	company	company	NOUN
abrj-536	61	7	is	be	AUX
abrj-536	61	8	not	not	PART
abrj-536	61	9	only	only	ADV
abrj-536	61	10	how	how	SCONJ
abrj-536	61	11	customeror	customeror	NOUN
abrj-536	61	12	innovation	innovation	NOUN
abrj-536	61	13	-	-	PUNCT
abrj-536	61	14	oriented	orient	VERB
abrj-536	61	15	it	it	PRON
abrj-536	61	16	is	be	AUX
abrj-536	61	17	,	,	PUNCT
abrj-536	61	18	but	but	CCONJ
abrj-536	61	19	also	also	ADV
abrj-536	61	20	whether	whether	SCONJ
abrj-536	61	21	it	it	PRON
abrj-536	61	22	is	be	AUX
abrj-536	61	23	able	able	ADJ
abrj-536	61	24	to	to	PART
abrj-536	61	25	respond	respond	VERB
abrj-536	61	26	positively	positively	ADV
abrj-536	61	27	to	to	ADP
abrj-536	61	28	market	market	NOUN
abrj-536	61	29	demands	demand	NOUN
abrj-536	61	30	(	(	PUNCT
abrj-536	61	31	berthon	berthon	PROPN
abrj-536	61	32	et	et	PROPN
abrj-536	61	33	al	al	PROPN
abrj-536	61	34	.	.	PROPN
abrj-536	61	35	,	,	PUNCT
abrj-536	61	36	2004	2004	NUM
abrj-536	61	37	)	)	PUNCT
abrj-536	61	38	and	and	CCONJ
abrj-536	61	39	adapt	adapt	VERB
abrj-536	61	40	to	to	ADP
abrj-536	61	41	changes	change	NOUN
abrj-536	61	42	in	in	ADP
abrj-536	61	43	the	the	DET
abrj-536	61	44	market	market	NOUN
abrj-536	61	45	,	,	PUNCT
abrj-536	61	46	which	which	PRON
abrj-536	61	47	at	at	ADP
abrj-536	61	48	this	this	DET
abrj-536	61	49	stage	stage	NOUN
abrj-536	61	50	is	be	AUX
abrj-536	61	51	becoming	become	VERB
abrj-536	61	52	more	more	ADV
abrj-536	61	53	and	and	CCONJ
abrj-536	61	54	more	more	ADV
abrj-536	61	55	personalized	personalized	ADJ
abrj-536	61	56	as	as	SCONJ
abrj-536	61	57	people	people	NOUN
abrj-536	61	58	's	's	PART
abrj-536	61	59	standard	standard	NOUN
abrj-536	61	60	of	of	ADP
abrj-536	61	61	living	living	NOUN
abrj-536	61	62	improves	improve	VERB
abrj-536	61	63	and	and	CCONJ
abrj-536	61	64	technological	technological	ADJ
abrj-536	61	65	advances	advance	NOUN
abrj-536	61	66	are	be	AUX
abrj-536	61	67	made	make	VERB
abrj-536	61	68	(	(	PUNCT
abrj-536	61	69	davenport	davenport	PROPN
abrj-536	61	70	et	et	PROPN
abrj-536	61	71	al	al	PROPN
abrj-536	61	72	.	.	PROPN
abrj-536	61	73	,	,	PUNCT
abrj-536	61	74	2020	2020	NUM
abrj-536	61	75	)	)	PUNCT
abrj-536	61	76	.	.	PUNCT
abrj-536	62	1	with	with	ADP
abrj-536	62	2	regard	regard	NOUN
abrj-536	62	3	to	to	ADP
abrj-536	62	4	enterprises	enterprise	NOUN
abrj-536	62	5	,	,	PUNCT
abrj-536	62	6	once	once	SCONJ
abrj-536	62	7	the	the	DET
abrj-536	62	8	target	target	NOUN
abrj-536	62	9	strategy	strategy	NOUN
abrj-536	62	10	oriented	orient	VERB
abrj-536	62	11	to	to	ADP
abrj-536	62	12	customers	customer	NOUN
abrj-536	62	13	'	'	PART
abrj-536	62	14	personalized	personalize	VERB
abrj-536	62	15	needs	need	NOUN
abrj-536	62	16	is	be	AUX
abrj-536	62	17	determined	determine	VERB
abrj-536	62	18	,	,	PUNCT
abrj-536	62	19	they	they	PRON
abrj-536	62	20	will	will	AUX
abrj-536	62	21	attach	attach	VERB
abrj-536	62	22	great	great	ADJ
abrj-536	62	23	importance	importance	NOUN
abrj-536	62	24	to	to	ADP
abrj-536	62	25	finding	find	VERB
abrj-536	62	26	ways	way	NOUN
abrj-536	62	27	that	that	PRON
abrj-536	62	28	can	can	AUX
abrj-536	62	29	provide	provide	VERB
abrj-536	62	30	customers	customer	NOUN
abrj-536	62	31	with	with	ADP
abrj-536	62	32	quality	quality	NOUN
abrj-536	62	33	products	product	NOUN
abrj-536	62	34	and	and	CCONJ
abrj-536	62	35	services	service	NOUN
abrj-536	62	36	,	,	PUNCT
abrj-536	62	37	and	and	CCONJ
abrj-536	62	38	in	in	ADP
abrj-536	62	39	this	this	DET
abrj-536	62	40	process	process	NOUN
abrj-536	62	41	will	will	AUX
abrj-536	62	42	also	also	ADV
abrj-536	62	43	continuously	continuously	ADV
abrj-536	62	44	promote	promote	VERB
abrj-536	62	45	technological	technological	ADJ
abrj-536	62	46	innovation	innovation	NOUN
abrj-536	62	47	,	,	PUNCT
abrj-536	62	48	which	which	PRON
abrj-536	62	49	is	be	AUX
abrj-536	62	50	key	key	ADJ
abrj-536	62	51	to	to	ADP
abrj-536	62	52	the	the	DET
abrj-536	62	53	success	success	NOUN
abrj-536	62	54	of	of	ADP
abrj-536	62	55	digital	digital	ADJ
abrj-536	62	56	transformation	transformation	NOUN
abrj-536	62	57	(	(	PUNCT
abrj-536	62	58	dung	dung	NOUN
abrj-536	62	59	&	&	CCONJ
abrj-536	62	60	duc	duc	PROPN
abrj-536	62	61	,	,	PUNCT
abrj-536	62	62	2025	2025	NUM
abrj-536	62	63	)	)	PUNCT
abrj-536	62	64	.	.	PUNCT
abrj-536	63	1	the	the	DET
abrj-536	63	2	main	main	ADJ
abrj-536	63	3	mission	mission	NOUN
abrj-536	63	4	of	of	ADP
abrj-536	63	5	the	the	DET
abrj-536	63	6	enterprise	enterprise	NOUN
abrj-536	63	7	is	be	AUX
abrj-536	63	8	to	to	PART
abrj-536	63	9	make	make	VERB
abrj-536	63	10	profits	profit	NOUN
abrj-536	63	11	,	,	PUNCT
abrj-536	63	12	and	and	CCONJ
abrj-536	63	13	the	the	DET
abrj-536	63	14	main	main	ADJ
abrj-536	63	15	strategy	strategy	NOUN
abrj-536	63	16	to	to	PART
abrj-536	63	17	make	make	VERB
abrj-536	63	18	profits	profit	NOUN
abrj-536	63	19	is	be	AUX
abrj-536	63	20	to	to	PART
abrj-536	63	21	be	be	AUX
abrj-536	63	22	able	able	ADJ
abrj-536	63	23	to	to	PART
abrj-536	63	24	occupy	occupy	VERB
abrj-536	63	25	enough	enough	ADJ
abrj-536	63	26	market	market	NOUN
abrj-536	63	27	share	share	NOUN
abrj-536	63	28	.	.	PUNCT
abrj-536	64	1	most	most	ADJ
abrj-536	64	2	of	of	ADP
abrj-536	64	3	the	the	DET
abrj-536	64	4	products	product	NOUN
abrj-536	64	5	produced	produce	VERB
abrj-536	64	6	by	by	ADP
abrj-536	64	7	manufacturing	manufacture	VERB
abrj-536	64	8	enterprises	enterprise	NOUN
abrj-536	64	9	have	have	VERB
abrj-536	64	10	strong	strong	ADJ
abrj-536	64	11	substitutability	substitutability	NOUN
abrj-536	64	12	,	,	PUNCT
abrj-536	64	13	forcing	force	VERB
abrj-536	64	14	marginal	marginal	ADJ
abrj-536	64	15	returns	return	NOUN
abrj-536	64	16	lower	low	ADJ
abrj-536	64	17	and	and	CCONJ
abrj-536	64	18	lower	low	ADJ
abrj-536	64	19	.	.	PUNCT
abrj-536	65	1	as	as	ADP
abrj-536	65	2	a	a	DET
abrj-536	65	3	result	result	NOUN
abrj-536	65	4	,	,	PUNCT
abrj-536	65	5	how	how	SCONJ
abrj-536	65	6	to	to	PART
abrj-536	65	7	stand	stand	VERB
abrj-536	65	8	out	out	ADP
abrj-536	65	9	in	in	ADP
abrj-536	65	10	the	the	DET
abrj-536	65	11	market	market	NOUN
abrj-536	65	12	has	have	AUX
abrj-536	65	13	become	become	VERB
abrj-536	65	14	the	the	DET
abrj-536	65	15	most	most	ADV
abrj-536	65	16	important	important	ADJ
abrj-536	65	17	task	task	NOUN
abrj-536	65	18	of	of	ADP
abrj-536	65	19	all	all	DET
abrj-536	65	20	enterprises	enterprise	NOUN
abrj-536	65	21	.	.	PUNCT
abrj-536	66	1	but	but	CCONJ
abrj-536	66	2	large	large	ADJ
abrj-536	66	3	-	-	PUNCT
abrj-536	66	4	scale	scale	NOUN
abrj-536	66	5	customized	customized	ADJ
abrj-536	66	6	production	production	NOUN
abrj-536	66	7	still	still	ADV
abrj-536	66	8	has	have	VERB
abrj-536	66	9	a	a	DET
abrj-536	66	10	large	large	ADJ
abrj-536	66	11	room	room	NOUN
abrj-536	66	12	to	to	PART
abrj-536	66	13	grow	grow	VERB
abrj-536	66	14	in	in	ADP
abrj-536	66	15	the	the	DET
abrj-536	66	16	manufacturing	manufacturing	NOUN
abrj-536	66	17	industry	industry	NOUN
abrj-536	66	18	;	;	PUNCT
abrj-536	66	19	along	along	ADP
abrj-536	66	20	with	with	ADP
abrj-536	66	21	the	the	DET
abrj-536	66	22	improvement	improvement	NOUN
abrj-536	66	23	in	in	ADP
abrj-536	66	24	the	the	DET
abrj-536	66	25	standard	standard	NOUN
abrj-536	66	26	of	of	ADP
abrj-536	66	27	living	living	NOUN
abrj-536	66	28	and	and	CCONJ
abrj-536	66	29	consumption	consumption	NOUN
abrj-536	66	30	ability	ability	NOUN
abrj-536	66	31	,	,	PUNCT
abrj-536	66	32	consumers	consumer	NOUN
abrj-536	66	33	are	be	AUX
abrj-536	66	34	increasingly	increasingly	ADV
abrj-536	66	35	focusing	focus	VERB
abrj-536	66	36	on	on	ADP
abrj-536	66	37	their	their	PRON
abrj-536	66	38	own	own	ADJ
abrj-536	66	39	personalized	personalized	ADJ
abrj-536	66	40	customization	customization	NOUN
abrj-536	66	41	needs	need	NOUN
abrj-536	66	42	,	,	PUNCT
abrj-536	66	43	and	and	CCONJ
abrj-536	66	44	the	the	DET
abrj-536	66	45	ability	ability	NOUN
abrj-536	66	46	of	of	ADP
abrj-536	66	47	enterprises	enterprise	NOUN
abrj-536	66	48	to	to	PART
abrj-536	66	49	achieve	achieve	VERB
abrj-536	66	50	early	early	ADJ
abrj-536	66	51	mass	mass	NOUN
abrj-536	66	52	customization	customization	NOUN
abrj-536	66	53	of	of	ADP
abrj-536	66	54	production	production	NOUN
abrj-536	66	55	will	will	AUX
abrj-536	66	56	enable	enable	VERB
abrj-536	66	57	them	they	PRON
abrj-536	66	58	in	in	ADP
abrj-536	66	59	future	future	NOUN
abrj-536	66	60	to	to	PART
abrj-536	66	61	better	well	ADV
abrj-536	66	62	capture	capture	VERB
abrj-536	66	63	the	the	DET
abrj-536	66	64	market	market	NOUN
abrj-536	66	65	.	.	PUNCT
abrj-536	67	1	the	the	PRON
abrj-536	67	2	higher	high	ADJ
abrj-536	67	3	the	the	DET
abrj-536	67	4	enterprise	enterprise	NOUN
abrj-536	67	5	's	's	PART
abrj-536	67	6	degree	degree	NOUN
abrj-536	67	7	of	of	ADP
abrj-536	67	8	customer	customer	NOUN
abrj-536	67	9	demand	demand	NOUN
abrj-536	67	10	orientation	orientation	NOUN
abrj-536	67	11	,	,	PUNCT
abrj-536	67	12	the	the	PRON
abrj-536	67	13	more	more	ADJ
abrj-536	67	14	it	it	PRON
abrj-536	67	15	will	will	AUX
abrj-536	67	16	invest	invest	VERB
abrj-536	67	17	in	in	ADP
abrj-536	67	18	upgrading	upgrade	VERB
abrj-536	67	19	its	its	PRON
abrj-536	67	20	technology	technology	NOUN
abrj-536	67	21	to	to	PART
abrj-536	67	22	better	well	ADV
abrj-536	67	23	meet	meet	VERB
abrj-536	67	24	the	the	DET
abrj-536	67	25	personalised	personalise	VERB
abrj-536	67	26	and	and	CCONJ
abrj-536	67	27	customised	customise	VERB
abrj-536	67	28	needs	need	NOUN
abrj-536	67	29	of	of	ADP
abrj-536	67	30	its	its	PRON
abrj-536	67	31	customers	customer	NOUN
abrj-536	67	32	,	,	PUNCT
abrj-536	67	33	as	as	SCONJ
abrj-536	67	34	digital	digital	ADJ
abrj-536	67	35	transformation	transformation	NOUN
abrj-536	67	36	can	can	AUX
abrj-536	67	37	improve	improve	VERB
abrj-536	67	38	the	the	DET
abrj-536	67	39	accuracy	accuracy	NOUN
abrj-536	67	40	of	of	ADP
abrj-536	67	41	demand	demand	NOUN
abrj-536	67	42	forecasting	forecasting	NOUN
abrj-536	67	43	(	(	PUNCT
abrj-536	67	44	tran	tran	NOUN
abrj-536	67	45	,	,	PUNCT
abrj-536	67	46	2025	2025	NUM
abrj-536	67	47	)	)	PUNCT
abrj-536	67	48	,	,	PUNCT
abrj-536	67	49	correspondingly	correspondingly	ADV
abrj-536	67	50	,	,	PUNCT
abrj-536	67	51	the	the	PRON
abrj-536	67	52	higher	high	ADJ
abrj-536	67	53	the	the	DET
abrj-536	67	54	level	level	NOUN
abrj-536	67	55	of	of	ADP
abrj-536	67	56	its	its	PRON
abrj-536	67	57	digital	digital	ADJ
abrj-536	67	58	transformation	transformation	NOUN
abrj-536	67	59	will	will	AUX
abrj-536	67	60	also	also	ADV
abrj-536	67	61	be	be	AUX
abrj-536	67	62	.	.	PUNCT
abrj-536	68	1	based	base	VERB
abrj-536	68	2	on	on	ADP
abrj-536	68	3	this	this	PRON
abrj-536	68	4	,	,	PUNCT
abrj-536	68	5	we	we	PRON
abrj-536	68	6	formulate	formulate	VERB
abrj-536	68	7	the	the	DET
abrj-536	68	8	following	follow	VERB
abrj-536	68	9	hypothesis	hypothesis	NOUN
abrj-536	68	10	:	:	PUNCT
abrj-536	68	11	hypothesis	hypothesis	NOUN
abrj-536	68	12	1	1	NUM
abrj-536	68	13	:	:	PUNCT
abrj-536	68	14	the	the	DET
abrj-536	68	15	degree	degree	NOUN
abrj-536	68	16	of	of	ADP
abrj-536	68	17	customer	customer	NOUN
abrj-536	68	18	demand	demand	NOUN
abrj-536	68	19	orientation	orientation	NOUN
abrj-536	68	20	will	will	AUX
abrj-536	68	21	have	have	VERB
abrj-536	68	22	a	a	DET
abrj-536	68	23	positive	positive	ADJ
abrj-536	68	24	impact	impact	NOUN
abrj-536	68	25	on	on	ADP
abrj-536	68	26	the	the	DET
abrj-536	68	27	level	level	NOUN
abrj-536	68	28	of	of	ADP
abrj-536	68	29	digital	digital	ADJ
abrj-536	68	30	transformation	transformation	NOUN
abrj-536	68	31	of	of	ADP
abrj-536	68	32	enterprises	enterprise	NOUN
abrj-536	68	33	.	.	PUNCT
abrj-536	69	1	2.3	2.3	NUM
abrj-536	69	2	.	.	PUNCT
abrj-536	69	3	industry	industry	NOUN
abrj-536	69	4	concentration	concentration	NOUN
abrj-536	69	5	industry	industry	NOUN
abrj-536	69	6	concentration	concentration	NOUN
abrj-536	69	7	measures	measure	VERB
abrj-536	69	8	the	the	DET
abrj-536	69	9	degree	degree	NOUN
abrj-536	69	10	of	of	ADP
abrj-536	69	11	competition	competition	NOUN
abrj-536	69	12	in	in	ADP
abrj-536	69	13	an	an	DET
abrj-536	69	14	industry	industry	NOUN
abrj-536	69	15	,	,	PUNCT
abrj-536	69	16	which	which	PRON
abrj-536	69	17	directly	directly	ADV
abrj-536	69	18	affects	affect	VERB
abrj-536	69	19	the	the	DET
abrj-536	69	20	enterprises	enterprise	NOUN
abrj-536	69	21	’	'	PUNCT
abrj-536	69	22	formulation	formulation	NOUN
abrj-536	69	23	of	of	ADP
abrj-536	69	24	strategies	strategy	NOUN
abrj-536	69	25	and	and	CCONJ
abrj-536	69	26	the	the	DET
abrj-536	69	27	implementation	implementation	NOUN
abrj-536	69	28	of	of	ADP
abrj-536	69	29	plans	plan	NOUN
abrj-536	69	30	.	.	PUNCT
abrj-536	70	1	environment	environment	NOUN
abrj-536	70	2	significantly	significantly	ADV
abrj-536	70	3	influences	influence	VERB
abrj-536	70	4	firms	firm	NOUN
abrj-536	70	5	'	'	PART
abrj-536	70	6	investment	investment	NOUN
abrj-536	70	7	decisions	decision	NOUN
abrj-536	70	8	(	(	PUNCT
abrj-536	70	9	lueg	lueg	NOUN
abrj-536	70	10	&	&	CCONJ
abrj-536	70	11	borisov	borisov	PROPN
abrj-536	70	12	,	,	PUNCT
abrj-536	70	13	2014	2014	NUM
abrj-536	70	14	)	)	PUNCT
abrj-536	70	15	.	.	PUNCT
abrj-536	71	1	firms	firm	NOUN
abrj-536	71	2	with	with	ADP
abrj-536	71	3	market	market	NOUN
abrj-536	71	4	concentration	concentration	NOUN
abrj-536	71	5	and	and	CCONJ
abrj-536	71	6	monopoly	monopoly	NOUN
abrj-536	71	7	power	power	NOUN
abrj-536	71	8	have	have	VERB
abrj-536	71	9	the	the	DET
abrj-536	71	10	financial	financial	ADJ
abrj-536	71	11	support	support	NOUN
abrj-536	71	12	and	and	CCONJ
abrj-536	71	13	risk	risk	NOUN
abrj-536	71	14	prevention	prevention	NOUN
abrj-536	71	15	needed	need	VERB
abrj-536	71	16	for	for	ADP
abrj-536	71	17	r&d	r&d	NOUN
abrj-536	71	18	activities	activity	NOUN
abrj-536	71	19	,	,	PUNCT
abrj-536	71	20	and	and	CCONJ
abrj-536	71	21	effective	effective	ADJ
abrj-536	71	22	technological	technological	ADJ
abrj-536	71	23	innovation	innovation	NOUN
abrj-536	71	24	activities	activity	NOUN
abrj-536	71	25	will	will	AUX
abrj-536	71	26	further	far	ADV
abrj-536	71	27	enhance	enhance	VERB
abrj-536	71	28	the	the	DET
abrj-536	71	29	monopoly	monopoly	NOUN
abrj-536	71	30	power	power	NOUN
abrj-536	71	31	of	of	ADP
abrj-536	71	32	the	the	DET
abrj-536	71	33	firms	firm	NOUN
abrj-536	71	34	and	and	CCONJ
abrj-536	71	35	secure	secure	ADJ
abrj-536	71	36	monopoly	monopoly	NOUN
abrj-536	71	37	rents	rent	NOUN
abrj-536	71	38	.	.	PUNCT
abrj-536	72	1	by	by	ADP
abrj-536	72	2	analyzing	analyze	VERB
abrj-536	72	3	data	datum	NOUN
abrj-536	72	4	on	on	ADP
abrj-536	72	5	firms	firm	NOUN
abrj-536	72	6	from	from	ADP
abrj-536	72	7	several	several	ADJ
abrj-536	72	8	countries	country	NOUN
abrj-536	72	9	,	,	PUNCT
abrj-536	72	10	cette	cette	PROPN
abrj-536	72	11	et	et	PROPN
abrj-536	72	12	al	al	PROPN
abrj-536	72	13	.	.	PROPN
abrj-536	73	1	(	(	PUNCT
abrj-536	73	2	2017	2017	NUM
abrj-536	73	3	)	)	PUNCT
abrj-536	73	4	found	find	VERB
abrj-536	73	5	that	that	SCONJ
abrj-536	73	6	restricted	restrict	VERB
abrj-536	73	7	competition	competition	NOUN
abrj-536	73	8	significantly	significantly	ADV
abrj-536	73	9	stimulates	stimulate	VERB
abrj-536	73	10	technological	technological	ADJ
abrj-536	73	11	innovation	innovation	NOUN
abrj-536	73	12	and	and	CCONJ
abrj-536	73	13	increases	increase	VERB
abrj-536	73	14	firms	firm	NOUN
abrj-536	73	15	'	'	PART
abrj-536	73	16	productivity	productivity	NOUN
abrj-536	73	17	.	.	PUNCT
abrj-536	74	1	however	however	ADV
abrj-536	74	2	,	,	PUNCT
abrj-536	74	3	many	many	ADJ
abrj-536	74	4	scholars	scholar	NOUN
abrj-536	74	5	have	have	AUX
abrj-536	74	6	questioned	question	VERB
abrj-536	74	7	whether	whether	SCONJ
abrj-536	74	8	competition	competition	NOUN
abrj-536	74	9	between	between	ADP
abrj-536	74	10	firms	firm	NOUN
abrj-536	74	11	has	have	VERB
abrj-536	74	12	a	a	DET
abrj-536	74	13	positive	positive	ADJ
abrj-536	74	14	effect	effect	NOUN
abrj-536	74	15	on	on	ADP
abrj-536	74	16	innovation	innovation	NOUN
abrj-536	74	17	,	,	PUNCT
abrj-536	74	18	compared	compare	VERB
abrj-536	74	19	to	to	ADP
abrj-536	74	20	the	the	DET
abrj-536	74	21	relatively	relatively	ADV
abrj-536	74	22	inefficient	inefficient	ADJ
abrj-536	74	23	management	management	NOUN
abrj-536	74	24	and	and	CCONJ
abrj-536	74	25	low	low	ADJ
abrj-536	74	26	incentive	incentive	NOUN
abrj-536	74	27	to	to	PART
abrj-536	74	28	innovate	innovate	VERB
abrj-536	74	29	of	of	ADP
abrj-536	74	30	firms	firm	NOUN
abrj-536	74	31	without	without	ADP
abrj-536	74	32	competition	competition	NOUN
abrj-536	74	33	.	.	PUNCT
abrj-536	75	1	for	for	ADP
abrj-536	75	2	example	example	NOUN
abrj-536	75	3	,	,	PUNCT
abrj-536	75	4	jiang	jiang	PROPN
abrj-536	75	5	et	et	PROPN
abrj-536	75	6	al	al	PROPN
abrj-536	75	7	.	.	PROPN
abrj-536	76	1	(	(	PUNCT
abrj-536	76	2	2024	2024	NUM
abrj-536	76	3	)	)	PUNCT
abrj-536	76	4	found	find	VERB
abrj-536	76	5	that	that	SCONJ
abrj-536	76	6	industry	industry	NOUN
abrj-536	76	7	concentration	concentration	NOUN
abrj-536	76	8	enhances	enhance	VERB
abrj-536	76	9	the	the	DET
abrj-536	76	10	positive	positive	ADJ
abrj-536	76	11	impact	impact	NOUN
abrj-536	76	12	of	of	ADP
abrj-536	76	13	customer	customer	NOUN
abrj-536	76	14	concentration	concentration	NOUN
abrj-536	76	15	on	on	ADP
abrj-536	76	16	firm	firm	ADJ
abrj-536	76	17	innovation	innovation	NOUN
abrj-536	76	18	performance	performance	NOUN
abrj-536	76	19	.	.	PUNCT
abrj-536	77	1	many	many	ADJ
abrj-536	77	2	studies	study	NOUN
abrj-536	77	3	on	on	ADP
abrj-536	77	4	market	market	NOUN
abrj-536	77	5	competition	competition	NOUN
abrj-536	77	6	and	and	CCONJ
abrj-536	77	7	firm	firm	ADJ
abrj-536	77	8	innovation	innovation	NOUN
abrj-536	77	9	provide	provide	VERB
abrj-536	77	10	an	an	DET
abrj-536	77	11	interesting	interesting	ADJ
abrj-536	77	12	insight	insight	NOUN
abrj-536	77	13	that	that	SCONJ
abrj-536	77	14	market	market	NOUN
abrj-536	77	15	competition	competition	NOUN
abrj-536	77	16	has	have	AUX
abrj-536	77	17	an	an	DET
abrj-536	77	18	inverted	inverted	ADJ
abrj-536	77	19	u	u	ADJ
abrj-536	77	20	-	-	ADJ
abrj-536	77	21	shaped	shaped	ADJ
abrj-536	77	22	effect	effect	NOUN
abrj-536	77	23	on	on	ADP
abrj-536	77	24	firm	firm	ADJ
abrj-536	77	25	innovation	innovation	NOUN
abrj-536	77	26	(	(	PUNCT
abrj-536	77	27	aghion	aghion	NOUN
abrj-536	77	28	et	et	PROPN
abrj-536	77	29	al	al	PROPN
abrj-536	77	30	.	.	PROPN
abrj-536	77	31	,	,	PUNCT
abrj-536	77	32	2005	2005	NUM
abrj-536	77	33	)	)	PUNCT
abrj-536	77	34	.	.	PUNCT
abrj-536	78	1	in	in	ADP
abrj-536	78	2	highly	highly	ADV
abrj-536	78	3	competitive	competitive	ADJ
abrj-536	78	4	industries	industry	NOUN
abrj-536	78	5	,	,	PUNCT
abrj-536	78	6	firms	firm	NOUN
abrj-536	78	7	invest	invest	VERB
abrj-536	78	8	more	more	ADV
abrj-536	78	9	in	in	ADP
abrj-536	78	10	innovation	innovation	NOUN
abrj-536	78	11	in	in	ADP
abrj-536	78	12	order	order	NOUN
abrj-536	78	13	to	to	PART
abrj-536	78	14	gain	gain	VERB
abrj-536	78	15	a	a	DET
abrj-536	78	16	relative	relative	ADJ
abrj-536	78	17	competitive	competitive	ADJ
abrj-536	78	18	advantage	advantage	NOUN
abrj-536	78	19	.	.	PUNCT
abrj-536	79	1	on	on	ADP
abrj-536	79	2	the	the	DET
abrj-536	79	3	other	other	ADJ
abrj-536	79	4	hand	hand	NOUN
abrj-536	79	5	,	,	PUNCT
abrj-536	79	6	when	when	SCONJ
abrj-536	79	7	firms	firm	NOUN
abrj-536	79	8	are	be	AUX
abrj-536	79	9	in	in	ADP
abrj-536	79	10	a	a	DET
abrj-536	79	11	weak	weak	ADJ
abrj-536	79	12	position	position	NOUN
abrj-536	79	13	to	to	PART
abrj-536	79	14	catch	catch	VERB
abrj-536	79	15	up	up	ADP
abrj-536	79	16	with	with	ADP
abrj-536	79	17	strong	strong	ADJ
abrj-536	79	18	firms	firm	NOUN
abrj-536	79	19	,	,	PUNCT
abrj-536	79	20	too	too	ADV
abrj-536	79	21	large	large	ADJ
abrj-536	79	22	a	a	DET
abrj-536	79	23	technology	technology	NOUN
abrj-536	79	24	gap	gap	NOUN
abrj-536	79	25	may	may	AUX
abrj-536	79	26	cause	cause	VERB
abrj-536	79	27	them	they	PRON
abrj-536	79	28	to	to	PART
abrj-536	79	29	engage	engage	VERB
abrj-536	79	30	in	in	ADP
abrj-536	79	31	pendulum	pendulum	NOUN
abrj-536	79	32	behavior	behavior	NOUN
abrj-536	79	33	.	.	PUNCT
abrj-536	80	1	a	a	DET
abrj-536	80	2	growing	grow	VERB
abrj-536	80	3	body	body	NOUN
abrj-536	80	4	of	of	ADP
abrj-536	80	5	research	research	NOUN
abrj-536	80	6	suggests	suggest	VERB
abrj-536	80	7	that	that	SCONJ
abrj-536	80	8	a	a	DET
abrj-536	80	9	firm	firm	NOUN
abrj-536	80	10	's	's	PART
abrj-536	80	11	strategic	strategic	ADJ
abrj-536	80	12	choices	choice	NOUN
abrj-536	80	13	depend	depend	VERB
abrj-536	80	14	heavily	heavily	ADV
abrj-536	80	15	on	on	ADP
abrj-536	80	16	the	the	DET
abrj-536	80	17	nature	nature	NOUN
abrj-536	80	18	of	of	ADP
abrj-536	80	19	its	its	PRON
abrj-536	80	20	external	external	ADJ
abrj-536	80	21	environment	environment	NOUN
abrj-536	80	22	,	,	PUNCT
abrj-536	80	23	the	the	DET
abrj-536	80	24	most	most	ADV
abrj-536	80	25	important	important	ADJ
abrj-536	80	26	of	of	ADP
abrj-536	80	27	which	which	PRON
abrj-536	80	28	is	be	AUX
abrj-536	80	29	the	the	DET
abrj-536	80	30	degree	degree	NOUN
abrj-536	80	31	of	of	ADP
abrj-536	80	32	competition	competition	NOUN
abrj-536	80	33	among	among	ADP
abrj-536	80	34	its	its	PRON
abrj-536	80	35	industry	industry	NOUN
abrj-536	80	36	peers	peer	NOUN
abrj-536	80	37	(	(	PUNCT
abrj-536	80	38	rahmayati	rahmayati	NOUN
abrj-536	80	39	,	,	PUNCT
abrj-536	80	40	2021	2021	NUM
abrj-536	80	41	)	)	PUNCT
abrj-536	80	42	.	.	PUNCT
abrj-536	81	1	when	when	SCONJ
abrj-536	81	2	the	the	DET
abrj-536	81	3	market	market	NOUN
abrj-536	81	4	environment	environment	NOUN
abrj-536	81	5	is	be	AUX
abrj-536	81	6	very	very	ADV
abrj-536	81	7	competitive	competitive	ADJ
abrj-536	81	8	,	,	PUNCT
abrj-536	81	9	the	the	DET
abrj-536	81	10	variety	variety	NOUN
abrj-536	81	11	of	of	ADP
abrj-536	81	12	products	product	NOUN
abrj-536	81	13	available	available	ADJ
abrj-536	81	14	is	be	AUX
abrj-536	81	15	more	more	ADV
abrj-536	81	16	diversified	diversified	ADJ
abrj-536	81	17	,	,	PUNCT
abrj-536	81	18	alternative	alternative	ADJ
abrj-536	81	19	products	product	NOUN
abrj-536	81	20	and	and	CCONJ
abrj-536	81	21	services	service	NOUN
abrj-536	81	22	continue	continue	VERB
abrj-536	81	23	to	to	PART
abrj-536	81	24	emerge	emerge	VERB
abrj-536	81	25	,	,	PUNCT
abrj-536	81	26	the	the	DET
abrj-536	81	27	fierce	fierce	ADJ
abrj-536	81	28	competitive	competitive	ADJ
abrj-536	81	29	environment	environment	NOUN
abrj-536	81	30	brings	bring	VERB
abrj-536	81	31	fewer	few	ADJ
abrj-536	81	32	market	market	NOUN
abrj-536	81	33	opportunities	opportunity	NOUN
abrj-536	81	34	,	,	PUNCT
abrj-536	81	35	and	and	CCONJ
abrj-536	81	36	for	for	ADP
abrj-536	81	37	firms	firm	NOUN
abrj-536	81	38	,	,	PUNCT
abrj-536	81	39	the	the	DET
abrj-536	81	40	profitability	profitability	NOUN
abrj-536	81	41	of	of	ADP
abrj-536	81	42	homogeneous	homogeneous	ADJ
abrj-536	81	43	products	product	NOUN
abrj-536	81	44	is	be	AUX
abrj-536	81	45	continually	continually	ADV
abrj-536	81	46	suppressed	suppress	VERB
abrj-536	81	47	due	due	ADP
abrj-536	81	48	to	to	ADP
abrj-536	81	49	competition	competition	NOUN
abrj-536	81	50	from	from	ADP
abrj-536	81	51	peers	peer	NOUN
abrj-536	81	52	(	(	PUNCT
abrj-536	81	53	dou	dou	X
abrj-536	81	54	et	et	PROPN
abrj-536	81	55	al	al	PROPN
abrj-536	81	56	.	.	PROPN
abrj-536	81	57	,	,	PUNCT
abrj-536	81	58	2021	2021	NUM
abrj-536	81	59	)	)	PUNCT
abrj-536	81	60	.	.	PUNCT
abrj-536	82	1	in	in	ADP
abrj-536	82	2	order	order	NOUN
abrj-536	82	3	to	to	PART
abrj-536	82	4	maintain	maintain	VERB
abrj-536	82	5	their	their	PRON
abrj-536	82	6	competitive	competitive	ADJ
abrj-536	82	7	advantage	advantage	NOUN
abrj-536	82	8	,	,	PUNCT
abrj-536	82	9	meeting	meet	VERB
abrj-536	82	10	customers	customer	NOUN
abrj-536	82	11	'	'	PART
abrj-536	82	12	individual	individual	ADJ
abrj-536	82	13	needs	need	NOUN
abrj-536	82	14	can	can	AUX
abrj-536	82	15	help	help	VERB
abrj-536	82	16	enterprises	enterprise	NOUN
abrj-536	82	17	stand	stand	VERB
abrj-536	82	18	out	out	ADP
abrj-536	82	19	better	well	ADV
abrj-536	82	20	,	,	PUNCT
abrj-536	82	21	and	and	CCONJ
abrj-536	82	22	in	in	ADP
abrj-536	82	23	this	this	DET
abrj-536	82	24	process	process	NOUN
abrj-536	82	25	,	,	PUNCT
abrj-536	82	26	enterprises	enterprise	NOUN
abrj-536	82	27	will	will	AUX
abrj-536	82	28	continuously	continuously	ADV
abrj-536	82	29	increase	increase	VERB
abrj-536	82	30	r&d	r&d	NOUN
abrj-536	82	31	investment	investment	NOUN
abrj-536	82	32	in	in	ADP
abrj-536	82	33	technological	technological	ADJ
abrj-536	82	34	innovation	innovation	NOUN
abrj-536	82	35	,	,	PUNCT
abrj-536	82	36	thus	thus	ADV
abrj-536	82	37	improving	improve	VERB
abrj-536	82	38	their	their	PRON
abrj-536	82	39	degree	degree	NOUN
abrj-536	82	40	of	of	ADP
abrj-536	82	41	digital	digital	ADJ
abrj-536	82	42	transformation	transformation	NOUN
abrj-536	82	43	.	.	PUNCT
abrj-536	83	1	different	different	ADJ
abrj-536	83	2	industries	industry	NOUN
abrj-536	83	3	have	have	VERB
abrj-536	83	4	different	different	ADJ
abrj-536	83	5	degrees	degree	NOUN
abrj-536	83	6	of	of	ADP
abrj-536	83	7	competition	competition	NOUN
abrj-536	83	8	,	,	PUNCT
abrj-536	83	9	which	which	PRON
abrj-536	83	10	also	also	ADV
abrj-536	83	11	affects	affect	VERB
abrj-536	83	12	the	the	DET
abrj-536	83	13	willingness	willingness	NOUN
abrj-536	83	14	of	of	ADP
abrj-536	83	15	enterprises	enterprise	NOUN
abrj-536	83	16	to	to	PART
abrj-536	83	17	carry	carry	VERB
abrj-536	83	18	out	out	ADP
abrj-536	83	19	digital	digital	ADJ
abrj-536	83	20	transformation	transformation	NOUN
abrj-536	83	21	.	.	PUNCT
abrj-536	84	1	for	for	ADP
abrj-536	84	2	industries	industry	NOUN
abrj-536	84	3	where	where	SCONJ
abrj-536	84	4	enterprises	enterprise	NOUN
abrj-536	84	5	are	be	AUX
abrj-536	84	6	evenly	evenly	ADV
abrj-536	84	7	matched	match	VERB
abrj-536	84	8	,	,	PUNCT
abrj-536	84	9	the	the	PRON
abrj-536	84	10	more	more	ADV
abrj-536	84	11	intense	intense	ADJ
abrj-536	84	12	the	the	DET
abrj-536	84	13	competition	competition	NOUN
abrj-536	84	14	is	be	AUX
abrj-536	84	15	,	,	PUNCT
abrj-536	84	16	the	the	DET
abrj-536	84	17	more	more	ADJ
abrj-536	84	18	attention	attention	NOUN
abrj-536	84	19	these	these	DET
abrj-536	84	20	enterprises	enterprise	NOUN
abrj-536	84	21	will	will	AUX
abrj-536	84	22	pay	pay	VERB
abrj-536	84	23	to	to	ADP
abrj-536	84	24	the	the	DET
abrj-536	84	25	customization	customization	NOUN
abrj-536	84	26	and	and	CCONJ
abrj-536	84	27	personalization	personalization	NOUN
abrj-536	84	28	needs	need	NOUN
abrj-536	84	29	of	of	ADP
abrj-536	84	30	consumers	consumer	NOUN
abrj-536	84	31	,	,	PUNCT
abrj-536	84	32	which	which	PRON
abrj-536	84	33	can	can	AUX
abrj-536	84	34	stimulate	stimulate	VERB
abrj-536	84	35	enterprises	enterprise	NOUN
abrj-536	84	36	to	to	PART
abrj-536	84	37	carry	carry	VERB
abrj-536	84	38	out	out	ADP
abrj-536	84	39	digital	digital	ADJ
abrj-536	84	40	transformation	transformation	NOUN
abrj-536	84	41	.	.	PUNCT
abrj-536	85	1	the	the	PRON
abrj-536	85	2	higher	high	ADJ
abrj-536	85	3	the	the	DET
abrj-536	85	4	industry	industry	NOUN
abrj-536	85	5	concentration	concentration	NOUN
abrj-536	85	6	,	,	PUNCT
abrj-536	85	7	the	the	DET
abrj-536	85	8	less	less	ADV
abrj-536	85	9	intense	intense	ADJ
abrj-536	85	10	the	the	DET
abrj-536	85	11	competition	competition	NOUN
abrj-536	85	12	within	within	ADP
abrj-536	85	13	the	the	DET
abrj-536	85	14	industry	industry	NOUN
abrj-536	85	15	.	.	PUNCT
abrj-536	86	1	therefore	therefore	ADV
abrj-536	86	2	,	,	PUNCT
abrj-536	86	3	we	we	PRON
abrj-536	86	4	make	make	VERB
abrj-536	86	5	the	the	DET
abrj-536	86	6	following	follow	VERB
abrj-536	86	7	hypothesis	hypothesis	NOUN
abrj-536	86	8	:	:	PUNCT
abrj-536	86	9	hypothesis	hypothesis	NOUN
abrj-536	86	10	2	2	NUM
abrj-536	86	11	:	:	PUNCT
abrj-536	86	12	industry	industry	NOUN
abrj-536	86	13	concentration	concentration	NOUN
abrj-536	86	14	negatively	negatively	ADV
abrj-536	86	15	moderates	moderate	VERB
abrj-536	86	16	the	the	DET
abrj-536	86	17	relationship	relationship	NOUN
abrj-536	86	18	between	between	ADP
abrj-536	86	19	customer	customer	NOUN
abrj-536	86	20	demand	demand	NOUN
abrj-536	86	21	orientation	orientation	NOUN
abrj-536	86	22	and	and	CCONJ
abrj-536	86	23	the	the	DET
abrj-536	86	24	level	level	NOUN
abrj-536	86	25	of	of	ADP
abrj-536	86	26	digital	digital	ADJ
abrj-536	86	27	transformation	transformation	NOUN
abrj-536	86	28	.	.	PUNCT
abrj-536	87	1	2.4	2.4	NUM
abrj-536	87	2	.	.	PUNCT
abrj-536	88	1	investor	investor	NOUN
abrj-536	88	2	interaction	interaction	NOUN
abrj-536	88	3	response	response	NOUN
abrj-536	88	4	based	base	VERB
abrj-536	88	5	on	on	ADP
abrj-536	88	6	h1	h1	PROPN
abrj-536	88	7	,	,	PUNCT
abrj-536	88	8	we	we	PRON
abrj-536	88	9	tentatively	tentatively	ADV
abrj-536	88	10	believe	believe	VERB
abrj-536	88	11	that	that	SCONJ
abrj-536	88	12	enterprises	enterprise	NOUN
abrj-536	88	13	that	that	PRON
abrj-536	88	14	pay	pay	VERB
abrj-536	88	15	attention	attention	NOUN
abrj-536	88	16	to	to	ADP
abrj-536	88	17	the	the	DET
abrj-536	88	18	personalized	personalize	VERB
abrj-536	88	19	needs	need	NOUN
abrj-536	88	20	of	of	ADP
abrj-536	88	21	customers	customer	NOUN
abrj-536	88	22	have	have	VERB
abrj-536	88	23	a	a	DET
abrj-536	88	24	higher	high	ADJ
abrj-536	88	25	degree	degree	NOUN
abrj-536	88	26	of	of	ADP
abrj-536	88	27	digital	digital	ADJ
abrj-536	88	28	transformation	transformation	NOUN
abrj-536	88	29	,	,	PUNCT
abrj-536	88	30	and	and	CCONJ
abrj-536	88	31	rapid	rapid	ADJ
abrj-536	88	32	identification	identification	NOUN
abrj-536	88	33	of	of	ADP
abrj-536	88	34	external	external	ADJ
abrj-536	88	35	information	information	NOUN
abrj-536	88	36	can	can	AUX
abrj-536	88	37	enable	enable	VERB
abrj-536	88	38	them	they	PRON
abrj-536	88	39	to	to	PART
abrj-536	88	40	respond	respond	VERB
abrj-536	88	41	to	to	ADP
abrj-536	88	42	changes	change	NOUN
abrj-536	88	43	in	in	ADP
abrj-536	88	44	the	the	DET
abrj-536	88	45	market	market	NOUN
abrj-536	88	46	in	in	ADP
abrj-536	88	47	a	a	DET
abrj-536	88	48	timelier	timely	ADJ
abrj-536	88	49	manner	manner	NOUN
abrj-536	88	50	;	;	PUNCT
abrj-536	88	51	also	also	ADV
abrj-536	88	52	,	,	PUNCT
abrj-536	88	53	more	more	ADV
abrj-536	88	54	efficient	efficient	ADJ
abrj-536	88	55	identification	identification	NOUN
abrj-536	88	56	of	of	ADP
abrj-536	88	57	the	the	DET
abrj-536	88	58	needs	need	NOUN
abrj-536	88	59	of	of	ADP
abrj-536	88	60	customers	customer	NOUN
abrj-536	88	61	and	and	CCONJ
abrj-536	88	62	the	the	DET
abrj-536	88	63	ability	ability	NOUN
abrj-536	88	64	of	of	ADP
abrj-536	88	65	enterprises	enterprise	NOUN
abrj-536	88	66	to	to	PART
abrj-536	88	67	acquire	acquire	VERB
abrj-536	88	68	external	external	ADJ
abrj-536	88	69	knowledge	knowledge	NOUN
abrj-536	88	70	can	can	AUX
abrj-536	88	71	effectively	effectively	ADV
abrj-536	88	72	promote	promote	VERB
abrj-536	88	73	corporate	corporate	ADJ
abrj-536	88	74	innovation	innovation	NOUN
abrj-536	88	75	.	.	PUNCT
abrj-536	89	1	the	the	DET
abrj-536	89	2	interaction	interaction	NOUN
abrj-536	89	3	between	between	ADP
abrj-536	89	4	investors	investor	NOUN
abrj-536	89	5	and	and	CCONJ
abrj-536	89	6	listed	list	VERB
abrj-536	89	7	firms	firm	NOUN
abrj-536	89	8	can	can	AUX
abrj-536	89	9	effectively	effectively	ADV
abrj-536	89	10	encourage	encourage	VERB
abrj-536	89	11	managers	manager	NOUN
abrj-536	89	12	to	to	PART
abrj-536	89	13	increase	increase	VERB
abrj-536	89	14	r&d	r&d	NOUN
abrj-536	89	15	investment	investment	NOUN
abrj-536	89	16	and	and	CCONJ
abrj-536	89	17	promote	promote	VERB
abrj-536	89	18	technological	technological	ADJ
abrj-536	89	19	progress	progress	NOUN
abrj-536	89	20	.	.	PUNCT
abrj-536	90	1	since	since	SCONJ
abrj-536	90	2	technological	technological	ADJ
abrj-536	90	3	change	change	NOUN
abrj-536	90	4	is	be	AUX
abrj-536	90	5	a	a	DET
abrj-536	90	6	long	long	ADJ
abrj-536	90	7	-	-	PUNCT
abrj-536	90	8	term	term	NOUN
abrj-536	90	9	uncertain	uncertain	ADJ
abrj-536	90	10	and	and	CCONJ
abrj-536	90	11	risky	risky	ADJ
abrj-536	90	12	process	process	NOUN
abrj-536	90	13	,	,	PUNCT
abrj-536	90	14	and	and	CCONJ
abrj-536	90	15	has	have	VERB
abrj-536	90	16	the	the	DET
abrj-536	90	17	characteristics	characteristic	NOUN
abrj-536	90	18	of	of	ADP
abrj-536	90	19	information	information	NOUN
abrj-536	90	20	asymmetry	asymmetry	NOUN
abrj-536	90	21	,	,	PUNCT
abrj-536	90	22	it	it	PRON
abrj-536	90	23	easily	easily	ADV
abrj-536	90	24	causes	cause	VERB
abrj-536	90	25	resistance	resistance	NOUN
abrj-536	90	26	from	from	ADP
abrj-536	90	27	managers	manager	NOUN
abrj-536	90	28	(	(	PUNCT
abrj-536	90	29	abdoh	abdoh	PROPN
abrj-536	90	30	&	&	CCONJ
abrj-536	90	31	liu	liu	PROPN
abrj-536	90	32	,	,	PUNCT
abrj-536	90	33	2021	2021	NUM
abrj-536	90	34	)	)	PUNCT
abrj-536	90	35	;	;	PUNCT
abrj-536	90	36	and	and	CCONJ
abrj-536	90	37	the	the	DET
abrj-536	90	38	openness	openness	NOUN
abrj-536	90	39	of	of	ADP
abrj-536	90	40	interactive	interactive	ADJ
abrj-536	90	41	e	e	NOUN
abrj-536	90	42	-	-	NOUN
abrj-536	90	43	platforms	platform	NOUN
abrj-536	90	44	enables	enable	VERB
abrj-536	90	45	investors	investor	NOUN
abrj-536	90	46	and	and	CCONJ
abrj-536	90	47	corporate	corporate	ADJ
abrj-536	90	48	managers	manager	NOUN
abrj-536	90	49	to	to	PART
abrj-536	90	50	better	well	ADV
abrj-536	90	51	interact	interact	VERB
abrj-536	90	52	and	and	CCONJ
abrj-536	90	53	communicate	communicate	VERB
abrj-536	90	54	,	,	PUNCT
abrj-536	90	55	and	and	CCONJ
abrj-536	90	56	in	in	ADP
abrj-536	90	57	the	the	DET
abrj-536	90	58	process	process	NOUN
abrj-536	90	59	of	of	ADP
abrj-536	90	60	interaction	interaction	NOUN
abrj-536	90	61	,	,	PUNCT
abrj-536	90	62	managers	manager	NOUN
abrj-536	90	63	are	be	AUX
abrj-536	90	64	able	able	ADJ
abrj-536	90	65	to	to	PART
abrj-536	90	66	better	well	ADV
abrj-536	90	67	understand	understand	VERB
abrj-536	90	68	investor	investor	NOUN
abrj-536	90	69	needs	need	NOUN
abrj-536	90	70	.	.	PUNCT
abrj-536	91	1	if	if	SCONJ
abrj-536	91	2	investors	investor	NOUN
abrj-536	91	3	can	can	AUX
abrj-536	91	4	not	not	PART
abrj-536	91	5	provide	provide	VERB
abrj-536	91	6	timely	timely	ADJ
abrj-536	91	7	solutions	solution	NOUN
abrj-536	91	8	to	to	ADP
abrj-536	91	9	issues	issue	NOUN
abrj-536	91	10	related	relate	VERB
abrj-536	91	11	to	to	ADP
abrj-536	91	12	production	production	NOUN
abrj-536	91	13	processes	process	NOUN
abrj-536	91	14	,	,	PUNCT
abrj-536	91	15	technological	technological	ADJ
abrj-536	91	16	innovation	innovation	NOUN
abrj-536	91	17	,	,	PUNCT
abrj-536	91	18	etc	etc	X
abrj-536	91	19	.	.	X
abrj-536	91	20	raised	raise	VERB
abrj-536	91	21	by	by	ADP
abrj-536	91	22	investors	investor	NOUN
abrj-536	91	23	,	,	PUNCT
abrj-536	91	24	investors	investor	NOUN
abrj-536	91	25	on	on	ADP
abrj-536	91	26	the	the	DET
abrj-536	91	27	interactive	interactive	ADJ
abrj-536	91	28	platform	platform	NOUN
abrj-536	91	29	may	may	AUX
abrj-536	91	30	follow	follow	VERB
abrj-536	91	31	up	up	ADP
abrj-536	91	32	with	with	ADP
abrj-536	91	33	more	more	ADJ
abrj-536	91	34	questions	question	NOUN
abrj-536	91	35	;	;	PUNCT
abrj-536	91	36	thereby	thereby	ADV
abrj-536	91	37	generating	generate	VERB
abrj-536	91	38	the	the	DET
abrj-536	91	39	“	"	PUNCT
abrj-536	91	40	spotlight	spotlight	NOUN
abrj-536	91	41	effect	effect	NOUN
abrj-536	91	42	”	"	PUNCT
abrj-536	91	43	.	.	PUNCT
abrj-536	92	1	the	the	DET
abrj-536	92	2	“	"	PUNCT
abrj-536	92	3	spotlight	spotlight	NOUN
abrj-536	92	4	effect	effect	NOUN
abrj-536	92	5	”	"	PUNCT
abrj-536	92	6	will	will	AUX
abrj-536	92	7	attract	attract	VERB
abrj-536	92	8	management	management	NOUN
abrj-536	92	9	's	's	PART
abrj-536	92	10	attention	attention	NOUN
abrj-536	92	11	,	,	PUNCT
abrj-536	92	12	both	both	PRON
abrj-536	92	13	to	to	PART
abrj-536	92	14	stabilize	stabilize	VERB
abrj-536	92	15	investor	investor	NOUN
abrj-536	92	16	confidence	confidence	NOUN
abrj-536	92	17	and	and	CCONJ
abrj-536	92	18	to	to	PART
abrj-536	92	19	satisfy	satisfy	VERB
abrj-536	92	20	customer	customer	NOUN
abrj-536	92	21	demand	demand	NOUN
abrj-536	92	22	for	for	ADP
abrj-536	92	23	products	product	NOUN
abrj-536	92	24	among	among	ADP
abrj-536	92	25	investors	investor	NOUN
abrj-536	92	26	,	,	PUNCT
abrj-536	92	27	which	which	PRON
abrj-536	92	28	will	will	AUX
abrj-536	92	29	encourage	encourage	VERB
abrj-536	92	30	managers	manager	NOUN
abrj-536	92	31	to	to	PART
abrj-536	92	32	increase	increase	VERB
abrj-536	92	33	investment	investment	NOUN
abrj-536	92	34	in	in	ADP
abrj-536	92	35	innovation	innovation	NOUN
abrj-536	92	36	and	and	CCONJ
abrj-536	92	37	r&d	r&d	NOUN
abrj-536	92	38	,	,	PUNCT
abrj-536	92	39	and	and	CCONJ
abrj-536	92	40	thus	thus	ADV
abrj-536	92	41	promote	promote	VERB
abrj-536	92	42	the	the	DET
abrj-536	92	43	level	level	NOUN
abrj-536	92	44	of	of	ADP
abrj-536	92	45	digital	digital	ADJ
abrj-536	92	46	transformation	transformation	NOUN
abrj-536	92	47	of	of	ADP
abrj-536	92	48	the	the	DET
abrj-536	92	49	enterprise	enterprise	NOUN
abrj-536	92	50	.	.	PUNCT
abrj-536	93	1	if	if	SCONJ
abrj-536	93	2	the	the	DET
abrj-536	93	3	asian	asian	ADJ
abrj-536	93	4	business	business	PROPN
abrj-536	93	5	research	research	NOUN
abrj-536	93	6	journal	journal	NOUN
abrj-536	93	7	,	,	PUNCT
abrj-536	93	8	2025	2025	NUM
abrj-536	93	9	,	,	PUNCT
abrj-536	93	10	10(8	10(8	NUM
abrj-536	93	11	):	):	PUNCT
abrj-536	93	12	49	49	NUM
abrj-536	93	13	-	-	SYM
abrj-536	93	14	58	58	NUM
abrj-536	93	15	52	52	NUM
abrj-536	93	16	©	©	ADP
abrj-536	93	17	2025	2025	NUM
abrj-536	93	18	by	by	ADP
abrj-536	93	19	the	the	DET
abrj-536	93	20	authors	author	NOUN
abrj-536	93	21	;	;	PUNCT
abrj-536	93	22	licensee	licensee	NOUN
abrj-536	93	23	eastern	eastern	ADJ
abrj-536	93	24	centre	centre	NOUN
abrj-536	93	25	of	of	ADP
abrj-536	93	26	science	science	NOUN
abrj-536	93	27	and	and	CCONJ
abrj-536	93	28	education	education	NOUN
abrj-536	93	29	,	,	PUNCT
abrj-536	93	30	usa	usa	PROPN
abrj-536	93	31	firm	firm	NOUN
abrj-536	93	32	does	do	VERB
abrj-536	93	33	nothing	nothing	PRON
abrj-536	93	34	,	,	PUNCT
abrj-536	93	35	it	it	PRON
abrj-536	93	36	may	may	AUX
abrj-536	93	37	cause	cause	VERB
abrj-536	93	38	a	a	DET
abrj-536	93	39	large	large	ADJ
abrj-536	93	40	number	number	NOUN
abrj-536	93	41	of	of	ADP
abrj-536	93	42	investors	investor	NOUN
abrj-536	93	43	to	to	PART
abrj-536	93	44	pressure	pressure	VERB
abrj-536	93	45	management	management	NOUN
abrj-536	93	46	by	by	ADP
abrj-536	93	47	divesting	divest	VERB
abrj-536	93	48	their	their	PRON
abrj-536	93	49	shares	share	NOUN
abrj-536	93	50	,	,	PUNCT
abrj-536	93	51	thus	thus	ADV
abrj-536	93	52	strengthening	strengthen	VERB
abrj-536	93	53	their	their	PRON
abrj-536	93	54	supervision	supervision	NOUN
abrj-536	93	55	(	(	PUNCT
abrj-536	93	56	reiter	reiter	NOUN
abrj-536	93	57	,	,	PUNCT
abrj-536	93	58	2021	2021	NUM
abrj-536	93	59	)	)	PUNCT
abrj-536	93	60	.	.	PUNCT
abrj-536	94	1	we	we	PRON
abrj-536	94	2	can	can	AUX
abrj-536	94	3	therefore	therefore	ADV
abrj-536	94	4	make	make	VERB
abrj-536	94	5	the	the	DET
abrj-536	94	6	following	follow	VERB
abrj-536	94	7	hypothesis	hypothesis	NOUN
abrj-536	94	8	:	:	PUNCT
abrj-536	94	9	hypothesis	hypothesis	NOUN
abrj-536	94	10	3	3	NUM
abrj-536	94	11	:	:	PUNCT
abrj-536	94	12	investor	investor	NOUN
abrj-536	94	13	interaction	interaction	NOUN
abrj-536	94	14	response	response	NOUN
abrj-536	94	15	negatively	negatively	ADV
abrj-536	94	16	moderates	moderate	VERB
abrj-536	94	17	the	the	DET
abrj-536	94	18	relationship	relationship	NOUN
abrj-536	94	19	between	between	ADP
abrj-536	94	20	customer	customer	NOUN
abrj-536	94	21	demand	demand	NOUN
abrj-536	94	22	orientation	orientation	NOUN
abrj-536	94	23	and	and	CCONJ
abrj-536	94	24	the	the	DET
abrj-536	94	25	level	level	NOUN
abrj-536	94	26	of	of	ADP
abrj-536	94	27	digital	digital	ADJ
abrj-536	94	28	transformation	transformation	NOUN
abrj-536	94	29	.	.	PUNCT
abrj-536	95	1	3	3	X
abrj-536	95	2	.	.	X
abrj-536	95	3	data	datum	NOUN
abrj-536	95	4	and	and	CCONJ
abrj-536	95	5	methodology	methodology	NOUN
abrj-536	95	6	3.1	3.1	NUM
abrj-536	95	7	.	.	PUNCT
abrj-536	95	8	data	datum	NOUN
abrj-536	95	9	in	in	ADP
abrj-536	95	10	this	this	DET
abrj-536	95	11	paper	paper	NOUN
abrj-536	95	12	,	,	PUNCT
abrj-536	95	13	we	we	PRON
abrj-536	95	14	take	take	VERB
abrj-536	95	15	the	the	DET
abrj-536	95	16	data	datum	NOUN
abrj-536	95	17	of	of	ADP
abrj-536	95	18	a	a	DET
abrj-536	95	19	-	-	PUNCT
abrj-536	95	20	share	share	NOUN
abrj-536	95	21	listed	list	VERB
abrj-536	95	22	manufacturing	manufacturing	NOUN
abrj-536	95	23	enterprises	enterprise	NOUN
abrj-536	95	24	from	from	ADP
abrj-536	95	25	2010	2010	NUM
abrj-536	95	26	-	-	SYM
abrj-536	95	27	2021	2021	NUM
abrj-536	95	28	as	as	ADP
abrj-536	95	29	a	a	DET
abrj-536	95	30	sample	sample	NOUN
abrj-536	95	31	,	,	PUNCT
abrj-536	95	32	and	and	CCONJ
abrj-536	95	33	refer	refer	VERB
abrj-536	95	34	to	to	ADP
abrj-536	95	35	the	the	DET
abrj-536	95	36	practice	practice	NOUN
abrj-536	95	37	of	of	ADP
abrj-536	95	38	existing	exist	VERB
abrj-536	95	39	studies	study	NOUN
abrj-536	95	40	,	,	PUNCT
abrj-536	95	41	excluding	exclude	VERB
abrj-536	95	42	the	the	DET
abrj-536	95	43	samples	sample	NOUN
abrj-536	95	44	with	with	ADP
abrj-536	95	45	missing	miss	VERB
abrj-536	95	46	main	main	ADJ
abrj-536	95	47	variables	variable	NOUN
abrj-536	95	48	,	,	PUNCT
abrj-536	95	49	with	with	ADP
abrj-536	95	50	16,783	16,783	NUM
abrj-536	95	51	effective	effective	ADJ
abrj-536	95	52	observations	observation	NOUN
abrj-536	95	53	to	to	PART
abrj-536	95	54	study	study	VERB
abrj-536	95	55	the	the	DET
abrj-536	95	56	impact	impact	NOUN
abrj-536	95	57	of	of	ADP
abrj-536	95	58	enterprise	enterprise	NOUN
abrj-536	95	59	customer	customer	NOUN
abrj-536	95	60	demand	demand	NOUN
abrj-536	95	61	orientation	orientation	NOUN
abrj-536	95	62	on	on	ADP
abrj-536	95	63	the	the	DET
abrj-536	95	64	level	level	NOUN
abrj-536	95	65	of	of	ADP
abrj-536	95	66	digital	digital	ADJ
abrj-536	95	67	transformation	transformation	NOUN
abrj-536	95	68	.	.	PUNCT
abrj-536	96	1	financial	financial	ADJ
abrj-536	96	2	data	datum	NOUN
abrj-536	96	3	and	and	CCONJ
abrj-536	96	4	corporate	corporate	ADJ
abrj-536	96	5	governance	governance	NOUN
abrj-536	96	6	data	datum	NOUN
abrj-536	96	7	are	be	AUX
abrj-536	96	8	obtained	obtain	VERB
abrj-536	96	9	from	from	ADP
abrj-536	96	10	the	the	DET
abrj-536	96	11	csmar	csmar	PROPN
abrj-536	96	12	database	database	NOUN
abrj-536	96	13	,	,	PUNCT
abrj-536	96	14	enterprise	enterprise	NOUN
abrj-536	96	15	customer	customer	NOUN
abrj-536	96	16	demand	demand	NOUN
abrj-536	96	17	orientation	orientation	NOUN
abrj-536	96	18	is	be	AUX
abrj-536	96	19	obtained	obtain	VERB
abrj-536	96	20	from	from	ADP
abrj-536	96	21	enterprise	enterprise	NOUN
abrj-536	96	22	annual	annual	ADJ
abrj-536	96	23	reports	report	NOUN
abrj-536	96	24	,	,	PUNCT
abrj-536	96	25	and	and	CCONJ
abrj-536	96	26	digital	digital	ADJ
abrj-536	96	27	transformation	transformation	NOUN
abrj-536	96	28	data	datum	NOUN
abrj-536	96	29	are	be	AUX
abrj-536	96	30	obtained	obtain	VERB
abrj-536	96	31	by	by	ADP
abrj-536	96	32	crawling	crawl	VERB
abrj-536	96	33	through	through	ADP
abrj-536	96	34	enterprise	enterprise	NOUN
abrj-536	96	35	annual	annual	ADJ
abrj-536	96	36	reports	report	NOUN
abrj-536	96	37	and	and	CCONJ
abrj-536	96	38	the	the	DET
abrj-536	96	39	patent	patent	NOUN
abrj-536	96	40	network	network	NOUN
abrj-536	96	41	.	.	PUNCT
abrj-536	97	1	due	due	ADP
abrj-536	97	2	to	to	ADP
abrj-536	97	3	the	the	DET
abrj-536	97	4	high	high	ADJ
abrj-536	97	5	number	number	NOUN
abrj-536	97	6	of	of	ADP
abrj-536	97	7	0	0	NUM
abrj-536	97	8	values	value	NOUN
abrj-536	97	9	in	in	ADP
abrj-536	97	10	cdo	cdo	PROPN
abrj-536	97	11	and	and	CCONJ
abrj-536	97	12	ldt	ldt	PROPN
abrj-536	97	13	,	,	PUNCT
abrj-536	97	14	and	and	CCONJ
abrj-536	97	15	also	also	ADV
abrj-536	97	16	to	to	PART
abrj-536	97	17	avoid	avoid	VERB
abrj-536	97	18	the	the	DET
abrj-536	97	19	influence	influence	NOUN
abrj-536	97	20	of	of	ADP
abrj-536	97	21	outliers	outlier	NOUN
abrj-536	97	22	,	,	PUNCT
abrj-536	97	23	we	we	PRON
abrj-536	97	24	shrank	shrink	VERB
abrj-536	97	25	the	the	DET
abrj-536	97	26	variables	variable	NOUN
abrj-536	97	27	by	by	ADP
abrj-536	97	28	5	5	NUM
abrj-536	97	29	%	%	NOUN
abrj-536	97	30	and	and	CCONJ
abrj-536	97	31	95	95	NUM
abrj-536	97	32	%	%	NOUN
abrj-536	97	33	.	.	PUNCT
abrj-536	98	1	3.2	3.2	NUM
abrj-536	98	2	.	.	PUNCT
abrj-536	98	3	measures	measure	NOUN
abrj-536	98	4	porter	porter	PROPN
abrj-536	98	5	et	et	PROPN
abrj-536	98	6	al	al	PROPN
abrj-536	98	7	.	.	PROPN
abrj-536	99	1	(	(	PUNCT
abrj-536	99	2	2002	2002	NUM
abrj-536	99	3	)	)	PUNCT
abrj-536	99	4	suggests	suggest	VERB
abrj-536	99	5	enhancing	enhance	VERB
abrj-536	99	6	traditional	traditional	ADJ
abrj-536	99	7	literature	literature	NOUN
abrj-536	99	8	reviews	review	NOUN
abrj-536	99	9	by	by	ADP
abrj-536	99	10	utilizing	utilize	VERB
abrj-536	99	11	text	text	NOUN
abrj-536	99	12	mining	mining	NOUN
abrj-536	99	13	's	's	PART
abrj-536	99	14	extensive	extensive	ADJ
abrj-536	99	15	research	research	NOUN
abrj-536	99	16	analysis	analysis	NOUN
abrj-536	99	17	methodology	methodology	NOUN
abrj-536	99	18	because	because	SCONJ
abrj-536	99	19	"	"	PUNCT
abrj-536	99	20	this	this	DET
abrj-536	99	21	extensive	extensive	ADJ
abrj-536	99	22	scanning	scanning	NOUN
abrj-536	99	23	of	of	ADP
abrj-536	99	24	the	the	DET
abrj-536	99	25	contextual	contextual	ADJ
abrj-536	99	26	literature	literature	NOUN
abrj-536	99	27	can	can	AUX
abrj-536	99	28	extend	extend	VERB
abrj-536	99	29	the	the	DET
abrj-536	99	30	span	span	NOUN
abrj-536	99	31	of	of	ADP
abrj-536	99	32	science	science	NOUN
abrj-536	99	33	by	by	ADP
abrj-536	99	34	better	well	ADJ
abrj-536	99	35	connecting	connect	VERB
abrj-536	99	36	work	work	NOUN
abrj-536	99	37	in	in	ADP
abrj-536	99	38	the	the	DET
abrj-536	99	39	research	research	NOUN
abrj-536	99	40	field	field	NOUN
abrj-536	99	41	"	"	PUNCT
abrj-536	99	42	.	.	PUNCT
abrj-536	100	1	research	research	NOUN
abrj-536	100	2	overviews	overview	NOUN
abrj-536	100	3	are	be	AUX
abrj-536	100	4	made	make	VERB
abrj-536	100	5	possible	possible	ADJ
abrj-536	100	6	through	through	ADP
abrj-536	100	7	sophisticated	sophisticated	ADJ
abrj-536	100	8	text	text	NOUN
abrj-536	100	9	-	-	PUNCT
abrj-536	100	10	mining	mining	NOUN
abrj-536	100	11	tools	tool	NOUN
abrj-536	100	12	combined	combine	VERB
abrj-536	100	13	with	with	ADP
abrj-536	100	14	modern	modern	ADJ
abrj-536	100	15	search	search	NOUN
abrj-536	100	16	engines	engine	NOUN
abrj-536	100	17	and	and	CCONJ
abrj-536	100	18	scientific	scientific	ADJ
abrj-536	100	19	databases	database	NOUN
abrj-536	100	20	(	(	PUNCT
abrj-536	100	21	porter	porter	NOUN
abrj-536	100	22	et	et	PROPN
abrj-536	100	23	al	al	PROPN
abrj-536	100	24	.	.	PROPN
abrj-536	100	25	,	,	PUNCT
abrj-536	100	26	2002	2002	NUM
abrj-536	100	27	)	)	PUNCT
abrj-536	100	28	.	.	PUNCT
abrj-536	101	1	text	text	NOUN
abrj-536	101	2	mining	mining	NOUN
abrj-536	101	3	allows	allow	VERB
abrj-536	101	4	for	for	ADP
abrj-536	101	5	automated	automate	VERB
abrj-536	101	6	or	or	CCONJ
abrj-536	101	7	partially	partially	ADV
abrj-536	101	8	automated	automate	VERB
abrj-536	101	9	processing	processing	NOUN
abrj-536	101	10	of	of	ADP
abrj-536	101	11	text	text	NOUN
abrj-536	101	12	;	;	PUNCT
abrj-536	101	13	technically	technically	ADV
abrj-536	101	14	,	,	PUNCT
abrj-536	101	15	it	it	PRON
abrj-536	101	16	is	be	AUX
abrj-536	101	17	the	the	DET
abrj-536	101	18	process	process	NOUN
abrj-536	101	19	of	of	ADP
abrj-536	101	20	digitizing	digitize	VERB
abrj-536	101	21	text	text	NOUN
abrj-536	101	22	documents	document	NOUN
abrj-536	101	23	and	and	CCONJ
abrj-536	101	24	extracting	extract	VERB
abrj-536	101	25	patterns	pattern	NOUN
abrj-536	101	26	from	from	ADP
abrj-536	101	27	them	they	PRON
abrj-536	101	28	using	use	VERB
abrj-536	101	29	common	common	ADJ
abrj-536	101	30	data	datum	NOUN
abrj-536	101	31	mining	mining	NOUN
abrj-536	101	32	techniques	technique	NOUN
abrj-536	101	33	(	(	PUNCT
abrj-536	101	34	delen	delen	PROPN
abrj-536	101	35	&	&	CCONJ
abrj-536	101	36	crossland	crossland	PROPN
abrj-536	101	37	,	,	PUNCT
abrj-536	101	38	2008	2008	NUM
abrj-536	101	39	)	)	PUNCT
abrj-536	101	40	.	.	PUNCT
abrj-536	102	1	3.2.1	3.2.1	X
abrj-536	102	2	.	.	PUNCT
abrj-536	103	1	independent	independent	ADJ
abrj-536	103	2	variable	variable	NOUN
abrj-536	103	3	the	the	DET
abrj-536	103	4	independent	independent	ADJ
abrj-536	103	5	variable	variable	NOUN
abrj-536	103	6	of	of	ADP
abrj-536	103	7	our	our	PRON
abrj-536	103	8	research	research	NOUN
abrj-536	103	9	is	be	AUX
abrj-536	103	10	cdo	cdo	PROPN
abrj-536	103	11	(	(	PUNCT
abrj-536	103	12	customer	customer	NOUN
abrj-536	103	13	demand	demand	NOUN
abrj-536	103	14	orientation	orientation	NOUN
abrj-536	103	15	):	):	PUNCT
abrj-536	103	16	cdo	cdo	PROPN
abrj-536	103	17	=	=	SYM
abrj-536	103	18	num_cdo	num_cdo	NOUN
abrj-536	103	19	,	,	PUNCT
abrj-536	103	20	where	where	SCONJ
abrj-536	103	21	num_cdo	num_cdo	ADV
abrj-536	103	22	is	be	AUX
abrj-536	103	23	the	the	DET
abrj-536	103	24	frequency	frequency	NOUN
abrj-536	103	25	of	of	ADP
abrj-536	103	26	keywords	keyword	NOUN
abrj-536	103	27	related	relate	VERB
abrj-536	103	28	to	to	ADP
abrj-536	103	29	personalization	personalization	NOUN
abrj-536	103	30	,	,	PUNCT
abrj-536	103	31	customization	customization	NOUN
abrj-536	103	32	,	,	PUNCT
abrj-536	103	33	and	and	CCONJ
abrj-536	103	34	customer	customer	NOUN
abrj-536	103	35	orientation	orientation	NOUN
abrj-536	103	36	.	.	PUNCT
abrj-536	104	1	through	through	ADP
abrj-536	104	2	text	text	NOUN
abrj-536	104	3	analysis	analysis	NOUN
abrj-536	104	4	exploring	explore	VERB
abrj-536	104	5	key	key	ADJ
abrj-536	104	6	information	information	NOUN
abrj-536	104	7	in	in	ADP
abrj-536	104	8	annual	annual	ADJ
abrj-536	104	9	reports	report	NOUN
abrj-536	104	10	,	,	PUNCT
abrj-536	104	11	we	we	PRON
abrj-536	104	12	count	count	VERB
abrj-536	104	13	the	the	DET
abrj-536	104	14	word	word	NOUN
abrj-536	104	15	frequency	frequency	NOUN
abrj-536	104	16	of	of	ADP
abrj-536	104	17	keywords	keyword	NOUN
abrj-536	104	18	such	such	ADJ
abrj-536	104	19	as	as	ADP
abrj-536	104	20	personalized	personalize	VERB
abrj-536	104	21	,	,	PUNCT
abrj-536	104	22	customized	customize	VERB
abrj-536	104	23	,	,	PUNCT
abrj-536	104	24	and	and	CCONJ
abrj-536	104	25	customer	customer	NOUN
abrj-536	104	26	-	-	PUNCT
abrj-536	104	27	oriented	orient	VERB
abrj-536	104	28	and	and	CCONJ
abrj-536	104	29	take	take	VERB
abrj-536	104	30	the	the	DET
abrj-536	104	31	logarithmic	logarithmic	ADJ
abrj-536	104	32	processing	processing	NOUN
abrj-536	104	33	as	as	ADP
abrj-536	104	34	the	the	DET
abrj-536	104	35	enterprise	enterprise	NOUN
abrj-536	104	36	's	's	PART
abrj-536	104	37	score	score	NOUN
abrj-536	104	38	of	of	ADP
abrj-536	104	39	customer	customer	NOUN
abrj-536	104	40	demand	demand	NOUN
abrj-536	104	41	orientation	orientation	NOUN
abrj-536	104	42	.	.	PUNCT
abrj-536	105	1	(	(	PUNCT
abrj-536	105	2	data	datum	NOUN
abrj-536	105	3	source	source	NOUN
abrj-536	105	4	:	:	PUNCT
abrj-536	105	5	annual	annual	ADJ
abrj-536	105	6	reports	report	NOUN
abrj-536	105	7	of	of	ADP
abrj-536	105	8	listed	list	VERB
abrj-536	105	9	companies	company	NOUN
abrj-536	105	10	obtained	obtain	VERB
abrj-536	105	11	after	after	ADP
abrj-536	105	12	text	text	NOUN
abrj-536	105	13	analysis	analysis	NOUN
abrj-536	105	14	and	and	CCONJ
abrj-536	105	15	processing	processing	NOUN
abrj-536	105	16	)	)	PUNCT
abrj-536	105	17	.	.	PUNCT
abrj-536	106	1	keyword	keyword	NOUN
abrj-536	106	2	phrases	phrase	NOUN
abrj-536	106	3	are	be	AUX
abrj-536	106	4	shown	show	VERB
abrj-536	106	5	in	in	ADP
abrj-536	106	6	table	table	NOUN
abrj-536	106	7	1	1	NUM
abrj-536	106	8	below	below	ADV
abrj-536	106	9	.	.	PUNCT
abrj-536	107	1	table	table	NOUN
abrj-536	107	2	1	1	NUM
abrj-536	107	3	.	.	PUNCT
abrj-536	107	4	customer	customer	NOUN
abrj-536	107	5	demand	demand	NOUN
abrj-536	107	6	orientation	orientation	NOUN
abrj-536	107	7	keywords	keyword	NOUN
abrj-536	107	8	.	.	PUNCT
abrj-536	108	1	customer	customer	NOUN
abrj-536	108	2	demand	demand	NOUN
abrj-536	108	3	orientation	orientation	NOUN
abrj-536	108	4	personalization	personalization	NOUN
abrj-536	108	5	,	,	PUNCT
abrj-536	108	6	user	user	NOUN
abrj-536	108	7	needs	need	NOUN
abrj-536	108	8	,	,	PUNCT
abrj-536	108	9	customer	customer	NOUN
abrj-536	108	10	needs	need	NOUN
abrj-536	108	11	,	,	PUNCT
abrj-536	108	12	customer	customer	NOUN
abrj-536	108	13	demand	demand	NOUN
abrj-536	108	14	,	,	PUNCT
abrj-536	108	15	user	user	NOUN
abrj-536	108	16	preferences	preference	NOUN
abrj-536	108	17	,	,	PUNCT
abrj-536	108	18	customer	customer	NOUN
abrj-536	108	19	preferences	preference	NOUN
abrj-536	108	20	,	,	PUNCT
abrj-536	108	21	user	user	NOUN
abrj-536	108	22	satisfaction	satisfaction	NOUN
abrj-536	108	23	,	,	PUNCT
abrj-536	108	24	customer	customer	NOUN
abrj-536	108	25	satisfaction	satisfaction	NOUN
abrj-536	108	26	,	,	PUNCT
abrj-536	108	27	high	high	ADJ
abrj-536	108	28	-	-	PUNCT
abrj-536	108	29	end	end	NOUN
abrj-536	108	30	demand	demand	NOUN
abrj-536	108	31	,	,	PUNCT
abrj-536	108	32	customization	customization	NOUN
abrj-536	108	33	,	,	PUNCT
abrj-536	108	34	diy	diy	NOUN
abrj-536	108	35	,	,	PUNCT
abrj-536	108	36	diy	diy	NOUN
abrj-536	108	37	,	,	PUNCT
abrj-536	108	38	intelligent	intelligent	ADJ
abrj-536	108	39	services	service	NOUN
abrj-536	108	40	,	,	PUNCT
abrj-536	108	41	recommender	recommender	NOUN
abrj-536	108	42	systems	system	NOUN
abrj-536	108	43	,	,	PUNCT
abrj-536	108	44	user	user	NOUN
abrj-536	108	45	models	model	NOUN
abrj-536	108	46	,	,	PUNCT
abrj-536	108	47	e	e	NOUN
abrj-536	108	48	-	-	NOUN
abrj-536	108	49	commerce	commerce	NOUN
abrj-536	108	50	,	,	PUNCT
abrj-536	108	51	collaborative	collaborative	ADJ
abrj-536	108	52	filtering	filtering	NOUN
abrj-536	108	53	,	,	PUNCT
abrj-536	108	54	data	datum	NOUN
abrj-536	108	55	mining	mining	NOUN
abrj-536	108	56	,	,	PUNCT
abrj-536	108	57	web	web	NOUN
abrj-536	108	58	usage	usage	NOUN
abrj-536	108	59	mining	mining	NOUN
abrj-536	108	60	,	,	PUNCT
abrj-536	108	61	user	user	NOUN
abrj-536	108	62	profiles	profile	NOUN
abrj-536	108	63	,	,	PUNCT
abrj-536	108	64	ontology	ontology	NOUN
abrj-536	108	65	,	,	PUNCT
abrj-536	108	66	adapted	adapt	VERB
abrj-536	108	67	,	,	PUNCT
abrj-536	108	68	information	information	NOUN
abrj-536	108	69	retrieval	retrieval	NOUN
abrj-536	108	70	,	,	PUNCT
abrj-536	108	71	privacy	privacy	NOUN
abrj-536	108	72	,	,	PUNCT
abrj-536	108	73	clustering	clustering	NOUN
abrj-536	108	74	,	,	PUNCT
abrj-536	108	75	situational	situational	ADJ
abrj-536	108	76	awareness	awareness	NOUN
abrj-536	108	77	,	,	PUNCT
abrj-536	108	78	internet	internet	NOUN
abrj-536	108	79	,	,	PUNCT
abrj-536	108	80	machine	machine	NOUN
abrj-536	108	81	learning	learning	NOUN
abrj-536	108	82	,	,	PUNCT
abrj-536	108	83	mass	mass	ADJ
abrj-536	108	84	customization	customization	NOUN
abrj-536	108	85	,	,	PUNCT
abrj-536	108	86	product	product	NOUN
abrj-536	108	87	families	family	NOUN
abrj-536	108	88	,	,	PUNCT
abrj-536	108	89	supply	supply	NOUN
abrj-536	108	90	chain	chain	NOUN
abrj-536	108	91	management	management	NOUN
abrj-536	108	92	,	,	PUNCT
abrj-536	108	93	platform	platform	NOUN
abrj-536	108	94	products	product	NOUN
abrj-536	108	95	,	,	PUNCT
abrj-536	108	96	genetic	genetic	ADJ
abrj-536	108	97	algorithms	algorithm	NOUN
abrj-536	108	98	,	,	PUNCT
abrj-536	108	99	modularity	modularity	NOUN
abrj-536	108	100	,	,	PUNCT
abrj-536	108	101	product	product	NOUN
abrj-536	108	102	configurator	configurator	NOUN
abrj-536	108	103	,	,	PUNCT
abrj-536	108	104	product	product	NOUN
abrj-536	108	105	development	development	NOUN
abrj-536	108	106	,	,	PUNCT
abrj-536	108	107	flexibility	flexibility	NOUN
abrj-536	108	108	,	,	PUNCT
abrj-536	108	109	extension	extension	NOUN
abrj-536	108	110	,	,	PUNCT
abrj-536	108	111	services	service	NOUN
abrj-536	108	112	,	,	PUNCT
abrj-536	108	113	user	user	NOUN
abrj-536	108	114	profiles	profile	NOUN
abrj-536	108	115	,	,	PUNCT
abrj-536	108	116	case	case	NOUN
abrj-536	108	117	studies	study	NOUN
abrj-536	108	118	,	,	PUNCT
abrj-536	108	119	design	design	NOUN
abrj-536	108	120	,	,	PUNCT
abrj-536	108	121	contextawareness	contextawareness	NOUN
abrj-536	108	122	3.2.2	3.2.2	NUM
abrj-536	108	123	.	.	PUNCT
abrj-536	109	1	dependent	dependent	ADJ
abrj-536	109	2	variable	variable	NOUN
abrj-536	109	3	the	the	DET
abrj-536	109	4	dependent	dependent	ADJ
abrj-536	109	5	variable	variable	NOUN
abrj-536	109	6	of	of	ADP
abrj-536	109	7	this	this	DET
abrj-536	109	8	research	research	NOUN
abrj-536	109	9	is	be	AUX
abrj-536	109	10	ldt	ldt	NOUN
abrj-536	109	11	(	(	PUNCT
abrj-536	109	12	level	level	NOUN
abrj-536	109	13	of	of	ADP
abrj-536	109	14	digital	digital	ADJ
abrj-536	109	15	transformation	transformation	NOUN
abrj-536	109	16	of	of	ADP
abrj-536	109	17	enterprises	enterprise	NOUN
abrj-536	109	18	)	)	PUNCT
abrj-536	109	19	.	.	PUNCT
abrj-536	110	1	the	the	DET
abrj-536	110	2	core	core	NOUN
abrj-536	110	3	of	of	ADP
abrj-536	110	4	digital	digital	ADJ
abrj-536	110	5	transformation	transformation	NOUN
abrj-536	110	6	is	be	AUX
abrj-536	110	7	to	to	PART
abrj-536	110	8	solve	solve	VERB
abrj-536	110	9	the	the	DET
abrj-536	110	10	uncertainty	uncertainty	NOUN
abrj-536	110	11	of	of	ADP
abrj-536	110	12	complex	complex	ADJ
abrj-536	110	13	systems	system	NOUN
abrj-536	110	14	in	in	ADP
abrj-536	110	15	an	an	DET
abrj-536	110	16	environment	environment	NOUN
abrj-536	110	17	defined	define	VERB
abrj-536	110	18	by	by	ADP
abrj-536	110	19	data	datum	NOUN
abrj-536	110	20	and	and	CCONJ
abrj-536	110	21	algorithms	algorithm	NOUN
abrj-536	110	22	by	by	ADP
abrj-536	110	23	means	mean	NOUN
abrj-536	110	24	of	of	ADP
abrj-536	110	25	intelligent	intelligent	ADJ
abrj-536	110	26	data	datum	NOUN
abrj-536	110	27	services	service	NOUN
abrj-536	110	28	and	and	CCONJ
abrj-536	110	29	other	other	ADJ
abrj-536	110	30	related	related	ADJ
abrj-536	110	31	technologies	technology	NOUN
abrj-536	110	32	,	,	PUNCT
abrj-536	110	33	so	so	SCONJ
abrj-536	110	34	as	as	SCONJ
abrj-536	110	35	to	to	PART
abrj-536	110	36	improve	improve	VERB
abrj-536	110	37	the	the	DET
abrj-536	110	38	efficiency	efficiency	NOUN
abrj-536	110	39	of	of	ADP
abrj-536	110	40	resource	resource	NOUN
abrj-536	110	41	allocation	allocation	NOUN
abrj-536	110	42	and	and	CCONJ
abrj-536	110	43	build	build	VERB
abrj-536	110	44	the	the	DET
abrj-536	110	45	relative	relative	ADJ
abrj-536	110	46	competitive	competitive	ADJ
abrj-536	110	47	advantage	advantage	NOUN
abrj-536	110	48	of	of	ADP
abrj-536	110	49	enterprises	enterprise	NOUN
abrj-536	110	50	.	.	PUNCT
abrj-536	111	1	digital	digital	ADJ
abrj-536	111	2	transformation	transformation	NOUN
abrj-536	111	3	is	be	AUX
abrj-536	111	4	customercentric	customercentric	ADJ
abrj-536	111	5	,	,	PUNCT
abrj-536	111	6	through	through	ADP
abrj-536	111	7	the	the	DET
abrj-536	111	8	deep	deep	ADJ
abrj-536	111	9	integration	integration	NOUN
abrj-536	111	10	of	of	ADP
abrj-536	111	11	digital	digital	ADJ
abrj-536	111	12	technology	technology	NOUN
abrj-536	111	13	with	with	ADP
abrj-536	111	14	business	business	NOUN
abrj-536	111	15	,	,	PUNCT
abrj-536	111	16	operations	operation	NOUN
abrj-536	111	17	,	,	PUNCT
abrj-536	111	18	management	management	NOUN
abrj-536	111	19	,	,	PUNCT
abrj-536	111	20	and	and	CCONJ
abrj-536	111	21	other	other	ADJ
abrj-536	111	22	aspects	aspect	NOUN
abrj-536	111	23	,	,	PUNCT
abrj-536	111	24	to	to	PART
abrj-536	111	25	achieve	achieve	VERB
abrj-536	111	26	the	the	DET
abrj-536	111	27	rapid	rapid	ADJ
abrj-536	111	28	delivery	delivery	NOUN
abrj-536	111	29	of	of	ADP
abrj-536	111	30	data	data	NOUN
abrj-536	111	31	flow	flow	NOUN
abrj-536	111	32	,	,	PUNCT
abrj-536	111	33	the	the	DET
abrj-536	111	34	depth	depth	NOUN
abrj-536	111	35	of	of	ADP
abrj-536	111	36	value	value	NOUN
abrj-536	111	37	mining	mining	NOUN
abrj-536	111	38	and	and	CCONJ
abrj-536	111	39	creation	creation	NOUN
abrj-536	111	40	,	,	PUNCT
abrj-536	111	41	the	the	DET
abrj-536	111	42	cycle	cycle	NOUN
abrj-536	111	43	of	of	ADP
abrj-536	111	44	iteration	iteration	NOUN
abrj-536	111	45	,	,	PUNCT
abrj-536	111	46	and	and	CCONJ
abrj-536	111	47	to	to	PART
abrj-536	111	48	re	re	VERB
abrj-536	111	49	-	-	VERB
abrj-536	111	50	construct	construct	VERB
abrj-536	111	51	a	a	DET
abrj-536	111	52	new	new	ADJ
abrj-536	111	53	value	value	NOUN
abrj-536	111	54	chain	chain	NOUN
abrj-536	111	55	and	and	CCONJ
abrj-536	111	56	digital	digital	ADJ
abrj-536	111	57	ecology	ecology	NOUN
abrj-536	111	58	.	.	PUNCT
abrj-536	112	1	for	for	SCONJ
abrj-536	112	2	enterprises	enterprise	NOUN
abrj-536	112	3	to	to	PART
abrj-536	112	4	carry	carry	VERB
abrj-536	112	5	out	out	ADP
abrj-536	112	6	digital	digital	ADJ
abrj-536	112	7	transformation	transformation	NOUN
abrj-536	112	8	is	be	AUX
abrj-536	112	9	inevitable	inevitable	ADJ
abrj-536	112	10	if	if	SCONJ
abrj-536	112	11	they	they	PRON
abrj-536	112	12	are	be	AUX
abrj-536	112	13	to	to	PART
abrj-536	112	14	comply	comply	VERB
abrj-536	112	15	with	with	ADP
abrj-536	112	16	the	the	DET
abrj-536	112	17	trend	trend	NOUN
abrj-536	112	18	of	of	ADP
abrj-536	112	19	the	the	DET
abrj-536	112	20	times	time	NOUN
abrj-536	112	21	;	;	PUNCT
abrj-536	112	22	most	most	ADJ
abrj-536	112	23	enterprises	enterprise	NOUN
abrj-536	112	24	are	be	AUX
abrj-536	112	25	making	make	VERB
abrj-536	112	26	an	an	DET
abrj-536	112	27	effort	effort	NOUN
abrj-536	112	28	,	,	PUNCT
abrj-536	112	29	to	to	ADP
abrj-536	112	30	various	various	ADJ
abrj-536	112	31	degrees	degree	NOUN
abrj-536	112	32	,	,	PUNCT
abrj-536	112	33	to	to	PART
abrj-536	112	34	carry	carry	VERB
abrj-536	112	35	out	out	ADP
abrj-536	112	36	digital	digital	ADJ
abrj-536	112	37	transformation	transformation	NOUN
abrj-536	112	38	.	.	PUNCT
abrj-536	113	1	how	how	SCONJ
abrj-536	113	2	to	to	PART
abrj-536	113	3	measure	measure	VERB
abrj-536	113	4	the	the	DET
abrj-536	113	5	level	level	NOUN
abrj-536	113	6	of	of	ADP
abrj-536	113	7	digital	digital	ADJ
abrj-536	113	8	transformation	transformation	NOUN
abrj-536	113	9	of	of	ADP
abrj-536	113	10	enterprises	enterprise	NOUN
abrj-536	113	11	is	be	AUX
abrj-536	113	12	a	a	DET
abrj-536	113	13	highlight	highlight	NOUN
abrj-536	113	14	of	of	ADP
abrj-536	113	15	this	this	DET
abrj-536	113	16	paper	paper	NOUN
abrj-536	113	17	.	.	PUNCT
abrj-536	114	1	table	table	NOUN
abrj-536	114	2	2	2	NUM
abrj-536	114	3	.	.	PUNCT
abrj-536	115	1	digital	digital	ADJ
abrj-536	115	2	intelligence	intelligence	NOUN
abrj-536	115	3	readiness	readiness	NOUN
abrj-536	115	4	metrics	metric	NOUN
abrj-536	115	5	.	.	PUNCT
abrj-536	116	1	variable	variable	PROPN
abrj-536	116	2	measurement	measurement	PROPN
abrj-536	116	3	cio	cio	PROPN
abrj-536	117	1	whether	whether	SCONJ
abrj-536	117	2	or	or	CCONJ
abrj-536	117	3	not	not	PART
abrj-536	117	4	there	there	PRON
abrj-536	117	5	is	be	VERB
abrj-536	117	6	a	a	DET
abrj-536	117	7	chief	chief	ADJ
abrj-536	117	8	information	information	NOUN
abrj-536	117	9	/	/	SYM
abrj-536	117	10	technology	technology	NOUN
abrj-536	117	11	/	/	SYM
abrj-536	117	12	digital	digital	ADJ
abrj-536	117	13	officer	officer	NOUN
abrj-536	117	14	,	,	PUNCT
abrj-536	117	15	0	0	NUM
abrj-536	117	16	-	-	SYM
abrj-536	117	17	1	1	NUM
abrj-536	117	18	dummy	dummy	ADJ
abrj-536	117	19	variable	variable	NOUN
abrj-536	117	20	,	,	PUNCT
abrj-536	117	21	standardized	standardized	ADJ
abrj-536	117	22	treatment	treatment	NOUN
abrj-536	117	23	forward_looking	forward_looke	VERB
abrj-536	117	24	(	(	PUNCT
abrj-536	117	25	innovation	innovation	NOUN
abrj-536	117	26	-	-	PUNCT
abrj-536	117	27	oriented	orient	VERB
abrj-536	117	28	forward	forward	ADV
abrj-536	117	29	-	-	PUNCT
abrj-536	117	30	looking	look	VERB
abrj-536	117	31	)	)	PUNCT
abrj-536	117	32	2022	2022	NUM
abrj-536	117	33	year_first_report_digital	year_first_report_digital	ADJ
abrj-536	117	34	year	year	NOUN
abrj-536	117	35	of	of	ADP
abrj-536	117	36	first	first	ADJ
abrj-536	117	37	occurrence	occurrence	NOUN
abrj-536	117	38	of	of	ADP
abrj-536	117	39	digital	digital	ADJ
abrj-536	117	40	keywords	keyword	NOUN
abrj-536	117	41	in	in	ADP
abrj-536	117	42	the	the	DET
abrj-536	117	43	md&a	md&a	PROPN
abrj-536	117	44	section	section	NOUN
abrj-536	117	45	of	of	ADP
abrj-536	117	46	the	the	DET
abrj-536	117	47	annual	annual	ADJ
abrj-536	117	48	report	report	NOUN
abrj-536	117	49	,	,	PUNCT
abrj-536	117	50	normalized	normalize	VERB
abrj-536	117	51	sustainable	sustainable	ADJ
abrj-536	117	52	(	(	PUNCT
abrj-536	117	53	innovation	innovation	NOUN
abrj-536	117	54	-	-	PUNCT
abrj-536	117	55	oriented	orient	VERB
abrj-536	117	56	sustainability	sustainability	NOUN
abrj-536	117	57	)	)	PUNCT
abrj-536	118	1	num_report_digital	num_report_digital	ADJ
abrj-536	118	2	total	total	ADJ
abrj-536	118	3	number	number	NOUN
abrj-536	118	4	of	of	ADP
abrj-536	118	5	years	year	NOUN
abrj-536	118	6	with	with	ADP
abrj-536	118	7	numerical	numerical	ADJ
abrj-536	118	8	keywords	keyword	NOUN
abrj-536	118	9	in	in	ADP
abrj-536	118	10	the	the	DET
abrj-536	118	11	md&a	md&a	PROPN
abrj-536	118	12	section	section	NOUN
abrj-536	118	13	of	of	ADP
abrj-536	118	14	the	the	DET
abrj-536	118	15	annual	annual	ADJ
abrj-536	118	16	report	report	NOUN
abrj-536	118	17	,	,	PUNCT
abrj-536	118	18	normalized	normalize	VERB
abrj-536	118	19	intensity	intensity	NOUN
abrj-536	118	20	(	(	PUNCT
abrj-536	118	21	intensity	intensity	NOUN
abrj-536	118	22	of	of	ADP
abrj-536	118	23	innovation	innovation	NOUN
abrj-536	118	24	orientation	orientation	NOUN
abrj-536	118	25	)	)	PUNCT
abrj-536	118	26	digital_word	digital_word	NOUN
abrj-536	118	27	/	/	SYM
abrj-536	118	28	report_word	report_word	NOUN
abrj-536	118	29	ratio	ratio	NOUN
abrj-536	118	30	of	of	ADP
abrj-536	118	31	digitized	digitize	VERB
abrj-536	118	32	keywords	keyword	NOUN
abrj-536	118	33	to	to	ADP
abrj-536	118	34	the	the	DET
abrj-536	118	35	total	total	ADJ
abrj-536	118	36	number	number	NOUN
abrj-536	118	37	of	of	ADP
abrj-536	118	38	words	word	NOUN
abrj-536	118	39	in	in	ADP
abrj-536	118	40	the	the	DET
abrj-536	118	41	md&a	md&a	PROPN
abrj-536	118	42	section	section	NOUN
abrj-536	118	43	of	of	ADP
abrj-536	118	44	the	the	DET
abrj-536	118	45	annual	annual	ADJ
abrj-536	118	46	report	report	NOUN
abrj-536	118	47	for	for	ADP
abrj-536	118	48	each	each	DET
abrj-536	118	49	year	year	NOUN
abrj-536	118	50	,	,	PUNCT
abrj-536	118	51	normalized	normalize	VERB
abrj-536	118	52	to	to	ADP
abrj-536	118	53	the	the	DET
abrj-536	118	54	total	total	ADJ
abrj-536	118	55	number	number	NOUN
abrj-536	118	56	of	of	ADP
abrj-536	118	57	words	word	NOUN
abrj-536	118	58	in	in	ADP
abrj-536	118	59	the	the	DET
abrj-536	118	60	section	section	NOUN
abrj-536	118	61	.	.	PUNCT
abrj-536	119	1	in	in	ADP
abrj-536	119	2	this	this	DET
abrj-536	119	3	paper	paper	NOUN
abrj-536	119	4	we	we	PRON
abrj-536	119	5	measure	measure	VERB
abrj-536	119	6	the	the	DET
abrj-536	119	7	level	level	NOUN
abrj-536	119	8	of	of	ADP
abrj-536	119	9	digital	digital	ADJ
abrj-536	119	10	transformation	transformation	NOUN
abrj-536	119	11	from	from	ADP
abrj-536	119	12	the	the	DET
abrj-536	119	13	following	follow	VERB
abrj-536	119	14	two	two	NUM
abrj-536	119	15	perspectives	perspective	NOUN
abrj-536	119	16	:	:	PUNCT
abrj-536	119	17	digital	digital	ADJ
abrj-536	119	18	and	and	CCONJ
abrj-536	119	19	intelligent	intelligent	ADJ
abrj-536	119	20	readiness	readiness	NOUN
abrj-536	119	21	(	(	PUNCT
abrj-536	119	22	dir	dir	NOUN
abrj-536	119	23	:	:	PUNCT
abrj-536	119	24	digital_intelligence_readiness	digital_intelligence_readiness	NUM
abrj-536	119	25	)	)	PUNCT
abrj-536	119	26	and	and	CCONJ
abrj-536	119	27	contribution	contribution	NOUN
abrj-536	119	28	to	to	ADP
abrj-536	119	29	digital	digital	ADJ
abrj-536	119	30	intelligence	intelligence	NOUN
abrj-536	119	31	(	(	PUNCT
abrj-536	119	32	cdi	cdi	PROPN
abrj-536	119	33	:	:	PUNCT
abrj-536	119	34	contribution_to_digital_intelligence	contribution_to_digital_intelligence	NOUN
abrj-536	119	35	)	)	PUNCT
abrj-536	119	36	.	.	PUNCT
abrj-536	120	1	whether	whether	SCONJ
abrj-536	120	2	an	an	DET
abrj-536	120	3	enterprise	enterprise	NOUN
abrj-536	120	4	has	have	AUX
abrj-536	120	5	set	set	VERB
abrj-536	120	6	up	up	ADP
abrj-536	120	7	positions	position	NOUN
abrj-536	120	8	related	relate	VERB
abrj-536	120	9	to	to	ADP
abrj-536	120	10	digital	digital	ADJ
abrj-536	120	11	intelligence	intelligence	NOUN
abrj-536	120	12	and	and	CCONJ
abrj-536	120	13	asian	asian	ADJ
abrj-536	120	14	business	business	NOUN
abrj-536	120	15	research	research	NOUN
abrj-536	120	16	journal	journal	NOUN
abrj-536	120	17	,	,	PUNCT
abrj-536	120	18	2025	2025	NUM
abrj-536	120	19	,	,	PUNCT
abrj-536	120	20	10(8	10(8	NUM
abrj-536	120	21	):	):	PUNCT
abrj-536	120	22	49	49	NUM
abrj-536	120	23	-	-	SYM
abrj-536	120	24	58	58	NUM
abrj-536	120	25	53	53	NUM
abrj-536	120	26	©	©	ADP
abrj-536	120	27	2025	2025	NUM
abrj-536	120	28	by	by	ADP
abrj-536	120	29	the	the	DET
abrj-536	120	30	authors	author	NOUN
abrj-536	120	31	;	;	PUNCT
abrj-536	120	32	licensee	licensee	NOUN
abrj-536	120	33	eastern	eastern	ADJ
abrj-536	120	34	centre	centre	NOUN
abrj-536	120	35	of	of	ADP
abrj-536	120	36	science	science	NOUN
abrj-536	120	37	and	and	CCONJ
abrj-536	120	38	education	education	NOUN
abrj-536	120	39	,	,	PUNCT
abrj-536	120	40	usa	usa	NOUN
abrj-536	120	41	whether	whether	SCONJ
abrj-536	120	42	it	it	PRON
abrj-536	120	43	has	have	AUX
abrj-536	120	44	taken	take	VERB
abrj-536	120	45	digital	digital	ADJ
abrj-536	120	46	transformation	transformation	NOUN
abrj-536	120	47	as	as	ADP
abrj-536	120	48	a	a	DET
abrj-536	120	49	strategic	strategic	ADJ
abrj-536	120	50	goal	goal	NOUN
abrj-536	120	51	are	be	AUX
abrj-536	120	52	the	the	DET
abrj-536	120	53	most	most	ADV
abrj-536	120	54	important	important	ADJ
abrj-536	120	55	reflections	reflection	NOUN
abrj-536	120	56	of	of	ADP
abrj-536	120	57	an	an	DET
abrj-536	120	58	enterprise	enterprise	NOUN
abrj-536	120	59	's	's	PART
abrj-536	120	60	digital	digital	ADJ
abrj-536	120	61	transformation	transformation	NOUN
abrj-536	120	62	level	level	NOUN
abrj-536	120	63	.	.	PUNCT
abrj-536	121	1	we	we	PRON
abrj-536	121	2	calculate	calculate	VERB
abrj-536	121	3	metrics	metric	NOUN
abrj-536	121	4	to	to	PART
abrj-536	121	5	determine	determine	VERB
abrj-536	121	6	an	an	DET
abrj-536	121	7	enterprise	enterprise	NOUN
abrj-536	121	8	's	's	PART
abrj-536	121	9	digital	digital	ADJ
abrj-536	121	10	intelligence	intelligence	NOUN
abrj-536	121	11	readiness	readiness	NOUN
abrj-536	121	12	,	,	PUNCT
abrj-536	121	13	as	as	SCONJ
abrj-536	121	14	seen	see	VERB
abrj-536	121	15	in	in	ADP
abrj-536	121	16	table	table	NOUN
abrj-536	121	17	2	2	NUM
abrj-536	121	18	.	.	PUNCT
abrj-536	122	1	dir	dir	NOUN
abrj-536	122	2	=	=	SYM
abrj-536	122	3	(	(	PUNCT
abrj-536	122	4	cio+forward_looking+sustainable+intensity)/4	cio+forward_looking+sustainable+intensity)/4	PROPN
abrj-536	122	5	cdi	cdi	PROPN
abrj-536	122	6	=	=	PROPN
abrj-536	122	7	num_digital_patent	num_digital_patent	PROPN
abrj-536	122	8	,	,	PUNCT
abrj-536	122	9	num_digital_patent	num_digital_patent	NOUN
abrj-536	122	10	is	be	AUX
abrj-536	122	11	the	the	DET
abrj-536	122	12	normalized	normalize	VERB
abrj-536	122	13	data	datum	NOUN
abrj-536	122	14	of	of	ADP
abrj-536	122	15	the	the	DET
abrj-536	122	16	number	number	NOUN
abrj-536	122	17	of	of	ADP
abrj-536	122	18	digital	digital	ADJ
abrj-536	122	19	intelligence	intelligence	NOUN
abrj-536	122	20	-	-	PUNCT
abrj-536	122	21	related	relate	VERB
abrj-536	122	22	patents	patent	NOUN
abrj-536	122	23	obtained	obtain	VERB
abrj-536	122	24	by	by	ADP
abrj-536	122	25	enterprises	enterprise	NOUN
abrj-536	122	26	every	every	DET
abrj-536	122	27	year	year	NOUN
abrj-536	122	28	.	.	PUNCT
abrj-536	123	1	we	we	PRON
abrj-536	123	2	downloaded	download	VERB
abrj-536	123	3	the	the	DET
abrj-536	123	4	patent	patent	NOUN
abrj-536	123	5	data	datum	NOUN
abrj-536	123	6	in	in	ADP
abrj-536	123	7	the	the	DET
abrj-536	123	8	guotai	guotai	PROPN
abrj-536	123	9	junan	junan	PROPN
abrj-536	123	10	csmar	csmar	PROPN
abrj-536	123	11	database	database	PROPN
abrj-536	123	12	and	and	CCONJ
abrj-536	123	13	then	then	ADV
abrj-536	123	14	searched	search	VERB
abrj-536	123	15	for	for	ADP
abrj-536	123	16	patents	patent	NOUN
abrj-536	123	17	according	accord	VERB
abrj-536	123	18	to	to	ADP
abrj-536	123	19	their	their	PRON
abrj-536	123	20	patent	patent	NOUN
abrj-536	123	21	codes	code	NOUN
abrj-536	123	22	on	on	ADP
abrj-536	123	23	the	the	DET
abrj-536	123	24	patentguru	patentguru	NOUN
abrj-536	123	25	(	(	PUNCT
abrj-536	123	26	www.patentguru.com	www.patentguru.com	NOUN
abrj-536	123	27	)	)	PUNCT
abrj-536	123	28	website	website	NOUN
abrj-536	123	29	to	to	PART
abrj-536	123	30	obtain	obtain	VERB
abrj-536	123	31	the	the	DET
abrj-536	123	32	abstract	abstract	ADJ
abrj-536	123	33	content	content	NOUN
abrj-536	123	34	of	of	ADP
abrj-536	123	35	the	the	DET
abrj-536	123	36	patent	patent	NOUN
abrj-536	123	37	introduction	introduction	NOUN
abrj-536	123	38	,	,	PUNCT
abrj-536	123	39	analyze	analyze	VERB
abrj-536	123	40	the	the	DET
abrj-536	123	41	text	text	NOUN
abrj-536	123	42	of	of	ADP
abrj-536	123	43	the	the	DET
abrj-536	123	44	abstract	abstract	NOUN
abrj-536	123	45	to	to	PART
abrj-536	123	46	determine	determine	VERB
abrj-536	123	47	whether	whether	SCONJ
abrj-536	123	48	it	it	PRON
abrj-536	123	49	is	be	AUX
abrj-536	123	50	a	a	DET
abrj-536	123	51	patent	patent	NOUN
abrj-536	123	52	related	relate	VERB
abrj-536	123	53	to	to	ADP
abrj-536	123	54	digital	digital	ADJ
abrj-536	123	55	and	and	CCONJ
abrj-536	123	56	intelligence	intelligence	NOUN
abrj-536	123	57	,	,	PUNCT
abrj-536	123	58	and	and	CCONJ
abrj-536	123	59	then	then	ADV
abrj-536	123	60	sum	sum	VERB
abrj-536	123	61	up	up	ADP
abrj-536	123	62	the	the	DET
abrj-536	123	63	number	number	NOUN
abrj-536	123	64	of	of	ADP
abrj-536	123	65	digital	digital	ADJ
abrj-536	123	66	and	and	CCONJ
abrj-536	123	67	intelligence	intelligence	NOUN
abrj-536	123	68	patents	patent	NOUN
abrj-536	123	69	of	of	ADP
abrj-536	123	70	the	the	DET
abrj-536	123	71	enterprise	enterprise	NOUN
abrj-536	123	72	in	in	ADP
abrj-536	123	73	the	the	DET
abrj-536	123	74	current	current	ADJ
abrj-536	123	75	year	year	NOUN
abrj-536	123	76	.	.	PUNCT
abrj-536	124	1	the	the	DET
abrj-536	124	2	keywords	keyword	NOUN
abrj-536	124	3	of	of	ADP
abrj-536	124	4	the	the	DET
abrj-536	124	5	digital	digital	ADJ
abrj-536	124	6	and	and	CCONJ
abrj-536	124	7	intelligence	intelligence	NOUN
abrj-536	124	8	patents	patent	NOUN
abrj-536	124	9	are	be	AUX
abrj-536	124	10	shown	show	VERB
abrj-536	124	11	in	in	ADP
abrj-536	124	12	table	table	NOUN
abrj-536	124	13	3	3	NUM
abrj-536	124	14	.	.	PUNCT
abrj-536	124	15	table	table	NOUN
abrj-536	124	16	3	3	NUM
abrj-536	124	17	.	.	PUNCT
abrj-536	124	18	digital	digital	PROPN
abrj-536	124	19	and	and	CCONJ
abrj-536	124	20	intelligence	intelligence	NOUN
abrj-536	124	21	patent	patent	NOUN
abrj-536	124	22	keywords	keyword	NOUN
abrj-536	124	23	.	.	PUNCT
abrj-536	125	1	digital	digital	ADJ
abrj-536	125	2	and	and	CCONJ
abrj-536	125	3	intelligence	intelligence	NOUN
abrj-536	125	4	patents	patent	NOUN
abrj-536	125	5	artificial	artificial	ADJ
abrj-536	125	6	intelligence	intelligence	NOUN
abrj-536	125	7	,	,	PUNCT
abrj-536	125	8	ai	ai	VERB
abrj-536	125	9	,	,	PUNCT
abrj-536	125	10	business	business	NOUN
abrj-536	125	11	intelligence	intelligence	NOUN
abrj-536	125	12	,	,	PUNCT
abrj-536	125	13	image	image	NOUN
abrj-536	125	14	understanding	understanding	NOUN
abrj-536	125	15	,	,	PUNCT
abrj-536	125	16	robotics	robotic	NOUN
abrj-536	125	17	,	,	PUNCT
abrj-536	125	18	machine	machine	NOUN
abrj-536	125	19	learning	learning	NOUN
abrj-536	125	20	,	,	PUNCT
abrj-536	125	21	deep	deep	ADJ
abrj-536	125	22	learning	learning	NOUN
abrj-536	125	23	,	,	PUNCT
abrj-536	125	24	semantic	semantic	ADJ
abrj-536	125	25	search	search	NOUN
abrj-536	125	26	,	,	PUNCT
abrj-536	125	27	biometrics	biometric	NOUN
abrj-536	125	28	,	,	PUNCT
abrj-536	125	29	face	face	NOUN
abrj-536	125	30	recognition	recognition	NOUN
abrj-536	125	31	,	,	PUNCT
abrj-536	125	32	speech	speech	NOUN
abrj-536	125	33	recognition	recognition	NOUN
abrj-536	125	34	,	,	PUNCT
abrj-536	125	35	identity	identity	NOUN
abrj-536	125	36	verification	verification	NOUN
abrj-536	125	37	,	,	PUNCT
abrj-536	125	38	autonomous	autonomous	ADJ
abrj-536	125	39	driving	driving	NOUN
abrj-536	125	40	,	,	PUNCT
abrj-536	125	41	natural	natural	ADJ
abrj-536	125	42	language	language	NOUN
abrj-536	125	43	processing	processing	NOUN
abrj-536	125	44	,	,	PUNCT
abrj-536	125	45	nlp	nlp	ADJ
abrj-536	125	46	,	,	PUNCT
abrj-536	125	47	supervised	supervised	ADJ
abrj-536	125	48	learning	learning	NOUN
abrj-536	125	49	,	,	PUNCT
abrj-536	125	50	machine	machine	NOUN
abrj-536	125	51	translation	translation	NOUN
abrj-536	125	52	,	,	PUNCT
abrj-536	125	53	ocr	ocr	NOUN
abrj-536	125	54	,	,	PUNCT
abrj-536	125	55	computer	computer	NOUN
abrj-536	125	56	vision	vision	NOUN
abrj-536	125	57	,	,	PUNCT
abrj-536	125	58	machine	machine	NOUN
abrj-536	125	59	vision	vision	NOUN
abrj-536	125	60	,	,	PUNCT
abrj-536	125	61	intelligent	intelligent	ADJ
abrj-536	125	62	q&a	q&a	PROPN
abrj-536	125	63	,	,	PUNCT
abrj-536	125	64	expert	expert	NOUN
abrj-536	125	65	systems	system	NOUN
abrj-536	125	66	,	,	PUNCT
abrj-536	125	67	neural	neural	ADJ
abrj-536	125	68	networks	network	NOUN
abrj-536	125	69	,	,	PUNCT
abrj-536	125	70	automated	automate	VERB
abrj-536	125	71	reasoning	reasoning	NOUN
abrj-536	125	72	,	,	PUNCT
abrj-536	125	73	unmanned	unmanned	ADJ
abrj-536	125	74	vehicles	vehicle	NOUN
abrj-536	125	75	,	,	PUNCT
abrj-536	125	76	drones	drone	NOUN
abrj-536	125	77	,	,	PUNCT
abrj-536	125	78	automated	automate	VERB
abrj-536	125	79	reasoning	reasoning	NOUN
abrj-536	125	80	,	,	PUNCT
abrj-536	125	81	driverless	driverless	NOUN
abrj-536	125	82	,	,	PUNCT
abrj-536	125	83	unmanned	unmanned	ADJ
abrj-536	125	84	vehicles	vehicle	NOUN
abrj-536	125	85	,	,	PUNCT
abrj-536	125	86	brain	brain	NOUN
abrj-536	125	87	-	-	PUNCT
abrj-536	125	88	computer	computer	NOUN
abrj-536	125	89	interfaces	interface	NOUN
abrj-536	125	90	,	,	PUNCT
abrj-536	125	91	knowledge	knowledge	NOUN
abrj-536	125	92	graphs	graph	NOUN
abrj-536	125	93	,	,	PUNCT
abrj-536	125	94	neuroscience	neuroscience	NOUN
abrj-536	125	95	,	,	PUNCT
abrj-536	125	96	federated	federated	ADJ
abrj-536	125	97	learning	learning	NOUN
abrj-536	125	98	,	,	PUNCT
abrj-536	125	99	automation	automation	NOUN
abrj-536	125	100	,	,	PUNCT
abrj-536	125	101	gesture	gesture	NOUN
abrj-536	125	102	recognition	recognition	NOUN
abrj-536	125	103	,	,	PUNCT
abrj-536	125	104	voice	voice	NOUN
abrj-536	125	105	interaction	interaction	NOUN
abrj-536	125	106	,	,	PUNCT
abrj-536	125	107	drones	drone	NOUN
abrj-536	125	108	,	,	PUNCT
abrj-536	125	109	smart	smart	ADJ
abrj-536	125	110	driving	driving	NOUN
abrj-536	125	111	,	,	PUNCT
abrj-536	125	112	digital	digital	ADJ
abrj-536	125	113	identity	identity	NOUN
abrj-536	125	114	,	,	PUNCT
abrj-536	125	115	rpa	rpa	NOUN
abrj-536	125	116	,	,	PUNCT
abrj-536	125	117	vehicle	vehicle	NOUN
abrj-536	125	118	-	-	PUNCT
abrj-536	125	119	road	road	NOUN
abrj-536	125	120	collaboration	collaboration	NOUN
abrj-536	125	121	,	,	PUNCT
abrj-536	125	122	blockchain	blockchain	NOUN
abrj-536	125	123	,	,	PUNCT
abrj-536	125	124	digital	digital	ADJ
abrj-536	125	125	currency	currency	NOUN
abrj-536	125	126	,	,	PUNCT
abrj-536	125	127	smart	smart	ADJ
abrj-536	125	128	contracts	contract	NOUN
abrj-536	125	129	,	,	PUNCT
abrj-536	125	130	distributed	distribute	VERB
abrj-536	125	131	digital	digital	ADJ
abrj-536	125	132	currency	currency	NOUN
abrj-536	125	133	,	,	PUNCT
abrj-536	125	134	smart	smart	ADJ
abrj-536	125	135	contracts	contract	NOUN
abrj-536	125	136	,	,	PUNCT
abrj-536	125	137	distributed	distributed	ADJ
abrj-536	125	138	computing	computing	NOUN
abrj-536	125	139	,	,	PUNCT
abrj-536	125	140	decentralization	decentralization	NOUN
abrj-536	125	141	,	,	PUNCT
abrj-536	125	142	bitcoin	bitcoin	NOUN
abrj-536	125	143	,	,	PUNCT
abrj-536	125	144	coalition	coalition	NOUN
abrj-536	125	145	chain	chain	NOUN
abrj-536	125	146	,	,	PUNCT
abrj-536	125	147	differential	differential	NOUN
abrj-536	125	148	privacy	privacy	NOUN
abrj-536	125	149	,	,	PUNCT
abrj-536	125	150	consensus	consensus	NOUN
abrj-536	125	151	mechanisms	mechanism	NOUN
abrj-536	125	152	,	,	PUNCT
abrj-536	125	153	distributed	distribute	VERB
abrj-536	125	154	ledger	ledger	NOUN
abrj-536	125	155	,	,	PUNCT
abrj-536	125	156	public	public	ADJ
abrj-536	125	157	chain	chain	NOUN
abrj-536	125	158	,	,	PUNCT
abrj-536	125	159	cross	cross	NOUN
abrj-536	125	160	-	-	NOUN
abrj-536	125	161	chain	chain	ADJ
abrj-536	125	162	,	,	PUNCT
abrj-536	125	163	dlt	dlt	PROPN
abrj-536	125	164	,	,	PUNCT
abrj-536	125	165	cloud	cloud	NOUN
abrj-536	125	166	computing	computing	NOUN
abrj-536	125	167	,	,	PUNCT
abrj-536	125	168	in	in	ADP
abrj-536	125	169	-	-	PUNCT
abrj-536	125	170	memory	memory	NOUN
abrj-536	125	171	computing	computing	NOUN
abrj-536	125	172	,	,	PUNCT
abrj-536	125	173	streaming	streaming	NOUN
abrj-536	125	174	computing	computing	NOUN
abrj-536	125	175	,	,	PUNCT
abrj-536	125	176	graph	graph	NOUN
abrj-536	125	177	computing	computing	NOUN
abrj-536	125	178	,	,	PUNCT
abrj-536	125	179	multi	multi	ADJ
abrj-536	125	180	-	-	ADJ
abrj-536	125	181	party	party	ADJ
abrj-536	125	182	secure	secure	ADJ
abrj-536	125	183	computing	computing	NOUN
abrj-536	125	184	,	,	PUNCT
abrj-536	125	185	brain	brain	NOUN
abrj-536	125	186	-	-	PUNCT
abrj-536	125	187	like	like	ADJ
abrj-536	125	188	computing	computing	NOUN
abrj-536	125	189	,	,	PUNCT
abrj-536	125	190	green	green	ADJ
abrj-536	125	191	computing	computing	NOUN
abrj-536	125	192	,	,	PUNCT
abrj-536	125	193	brain	brain	NOUN
abrj-536	125	194	-	-	PUNCT
abrj-536	125	195	like	like	ADJ
abrj-536	125	196	computing	computing	NOUN
abrj-536	125	197	,	,	PUNCT
abrj-536	125	198	cognitive	cognitive	ADJ
abrj-536	125	199	computing	computing	NOUN
abrj-536	125	200	,	,	PUNCT
abrj-536	125	201	converged	converged	ADJ
abrj-536	125	202	architecture	architecture	NOUN
abrj-536	125	203	,	,	PUNCT
abrj-536	125	204	cloud	cloud	NOUN
abrj-536	125	205	native	native	NOUN
abrj-536	125	206	,	,	PUNCT
abrj-536	125	207	privacy	privacy	NOUN
abrj-536	125	208	computing	computing	NOUN
abrj-536	125	209	,	,	PUNCT
abrj-536	125	210	edge	edge	NOUN
abrj-536	125	211	computing	computing	NOUN
abrj-536	125	212	,	,	PUNCT
abrj-536	125	213	baas	baas	NOUN
abrj-536	125	214	,	,	PUNCT
abrj-536	125	215	saas	saas	NOUN
abrj-536	125	216	,	,	PUNCT
abrj-536	125	217	iaas	iaas	NOUN
abrj-536	125	218	,	,	PUNCT
abrj-536	125	219	paas	paas	NOUN
abrj-536	125	220	,	,	PUNCT
abrj-536	125	221	fog	fog	NOUN
abrj-536	125	222	computing	computing	NOUN
abrj-536	125	223	,	,	PUNCT
abrj-536	125	224	cloud	cloud	NOUN
abrj-536	125	225	services	service	NOUN
abrj-536	125	226	,	,	PUNCT
abrj-536	125	227	cloud	cloud	NOUN
abrj-536	125	228	-	-	PUNCT
abrj-536	125	229	network	network	NOUN
abrj-536	125	230	convergence	convergence	NOUN
abrj-536	125	231	,	,	PUNCT
abrj-536	125	232	hybrid	hybrid	ADJ
abrj-536	125	233	cloud	cloud	NOUN
abrj-536	125	234	,	,	PUNCT
abrj-536	125	235	public	public	ADJ
abrj-536	125	236	cloud	cloud	NOUN
abrj-536	125	237	,	,	PUNCT
abrj-536	125	238	cloud	cloud	NOUN
abrj-536	125	239	technology	technology	NOUN
abrj-536	125	240	,	,	PUNCT
abrj-536	125	241	cloud	cloud	NOUN
abrj-536	125	242	storage	storage	NOUN
abrj-536	125	243	,	,	PUNCT
abrj-536	125	244	cloud	cloud	NOUN
abrj-536	125	245	-	-	PUNCT
abrj-536	125	246	edge	edge	NOUN
abrj-536	125	247	collaboration	collaboration	NOUN
abrj-536	125	248	,	,	PUNCT
abrj-536	125	249	distributed	distribute	VERB
abrj-536	125	250	architecture	architecture	NOUN
abrj-536	125	251	,	,	PUNCT
abrj-536	125	252	big	big	ADJ
abrj-536	125	253	data	datum	NOUN
abrj-536	125	254	,	,	PUNCT
abrj-536	125	255	data	datum	NOUN
abrj-536	125	256	mining	mining	NOUN
abrj-536	125	257	,	,	PUNCT
abrj-536	125	258	text	text	NOUN
abrj-536	125	259	mining	mining	NOUN
abrj-536	125	260	,	,	PUNCT
abrj-536	125	261	data	datum	NOUN
abrj-536	125	262	visualization	visualization	NOUN
abrj-536	125	263	,	,	PUNCT
abrj-536	125	264	heterogeneous	heterogeneous	ADJ
abrj-536	125	265	data	datum	NOUN
abrj-536	125	266	,	,	PUNCT
abrj-536	125	267	augmented	augment	VERB
abrj-536	125	268	reality	reality	NOUN
abrj-536	125	269	,	,	PUNCT
abrj-536	125	270	mixed	mixed	ADJ
abrj-536	125	271	reality	reality	NOUN
abrj-536	125	272	,	,	PUNCT
abrj-536	125	273	virtual	virtual	ADJ
abrj-536	125	274	reality	reality	NOUN
abrj-536	125	275	,	,	PUNCT
abrj-536	125	276	text	text	NOUN
abrj-536	125	277	capture	capture	NOUN
abrj-536	125	278	,	,	PUNCT
abrj-536	125	279	ar	ar	PROPN
abrj-536	125	280	,	,	PUNCT
abrj-536	125	281	vr	vr	PROPN
abrj-536	125	282	,	,	PUNCT
abrj-536	125	283	mr	mr	PROPN
abrj-536	125	284	,	,	PUNCT
abrj-536	125	285	data	datum	NOUN
abrj-536	125	286	analytics	analytic	NOUN
abrj-536	125	287	,	,	PUNCT
abrj-536	125	288	data	datum	NOUN
abrj-536	125	289	management	management	NOUN
abrj-536	125	290	,	,	PUNCT
abrj-536	125	291	cloud	cloud	NOUN
abrj-536	125	292	platform	platform	NOUN
abrj-536	125	293	,	,	PUNCT
abrj-536	125	294	anonymization	anonymization	NOUN
abrj-536	125	295	,	,	PUNCT
abrj-536	125	296	internet	internet	NOUN
abrj-536	125	297	of	of	ADP
abrj-536	125	298	things	thing	NOUN
abrj-536	125	299	,	,	PUNCT
abrj-536	125	300	internet	internet	NOUN
abrj-536	125	301	of	of	ADP
abrj-536	125	302	vehicles	vehicle	NOUN
abrj-536	125	303	,	,	PUNCT
abrj-536	125	304	iot	iot	NOUN
abrj-536	125	305	,	,	PUNCT
abrj-536	125	306	industrial	industrial	ADJ
abrj-536	125	307	internet	internet	NOUN
abrj-536	125	308	,	,	PUNCT
abrj-536	125	309	mobile	mobile	ADJ
abrj-536	125	310	internet	internet	NOUN
abrj-536	125	311	,	,	PUNCT
abrj-536	125	312	wireless	wireless	ADJ
abrj-536	125	313	medical	medical	ADJ
abrj-536	125	314	networking	networking	NOUN
abrj-536	125	315	,	,	PUNCT
abrj-536	125	316	wireless	wireless	ADJ
abrj-536	125	317	access	access	NOUN
abrj-536	125	318	,	,	PUNCT
abrj-536	125	319	inter	inter	ADJ
abrj-536	125	320	-	-	ADJ
abrj-536	125	321	vehicle	vehicle	NOUN
abrj-536	125	322	network	network	NOUN
abrj-536	125	323	,	,	PUNCT
abrj-536	125	324	smart	smart	ADJ
abrj-536	125	325	terminals	terminal	NOUN
abrj-536	125	326	,	,	PUNCT
abrj-536	125	327	smart	smart	ADJ
abrj-536	125	328	homes	home	NOUN
abrj-536	125	329	,	,	PUNCT
abrj-536	125	330	remote	remote	ADJ
abrj-536	125	331	monitoring	monitoring	NOUN
abrj-536	125	332	,	,	PUNCT
abrj-536	125	333	mobile	mobile	ADJ
abrj-536	125	334	terminals	terminal	NOUN
abrj-536	125	335	,	,	PUNCT
abrj-536	125	336	intelligent	intelligent	ADJ
abrj-536	125	337	control	control	NOUN
abrj-536	125	338	,	,	PUNCT
abrj-536	125	339	smart	smart	ADJ
abrj-536	125	340	factories	factory	NOUN
abrj-536	125	341	,	,	PUNCT
abrj-536	125	342	digital	digital	ADJ
abrj-536	125	343	twins	twin	NOUN
abrj-536	125	344	,	,	PUNCT
abrj-536	125	345	live	live	ADJ
abrj-536	125	346	twins	twin	NOUN
abrj-536	125	347	,	,	PUNCT
abrj-536	125	348	intelligent	intelligent	ADJ
abrj-536	125	349	transportation	transportation	NOUN
abrj-536	125	350	,	,	PUNCT
abrj-536	125	351	bim	bim	NOUN
abrj-536	125	352	,	,	PUNCT
abrj-536	125	353	cim	cim	PROPN
abrj-536	125	354	,	,	PUNCT
abrj-536	125	355	3d	3d	NUM
abrj-536	125	356	,	,	PUNCT
abrj-536	125	357	2d	2d	NOUN
abrj-536	125	358	,	,	PUNCT
abrj-536	125	359	5	5	NUM
abrj-536	125	360	g	g	NOUN
abrj-536	125	361	,	,	PUNCT
abrj-536	125	362	6	6	NUM
abrj-536	125	363	g	g	NOUN
abrj-536	125	364	,	,	PUNCT
abrj-536	125	365	lte	lte	PROPN
abrj-536	125	366	,	,	PUNCT
abrj-536	125	367	internet+	internet+	PROPN
abrj-536	125	368	,	,	PUNCT
abrj-536	125	369	quantum	quantum	ADJ
abrj-536	125	370	secure	secure	ADJ
abrj-536	125	371	communication	communication	NOUN
abrj-536	125	372	,	,	PUNCT
abrj-536	125	373	mobile	mobile	ADJ
abrj-536	125	374	communication	communication	NOUN
abrj-536	125	375	,	,	PUNCT
abrj-536	125	376	smart	smart	ADJ
abrj-536	125	377	grid	grid	NOUN
abrj-536	125	378	,	,	PUNCT
abrj-536	125	379	e	e	NOUN
abrj-536	125	380	-	-	NOUN
abrj-536	125	381	commerce	commerce	PROPN
abrj-536	125	382	,	,	PUNCT
abrj-536	125	383	agv	agv	PROPN
abrj-536	125	384	,	,	PUNCT
abrj-536	125	385	cnc	cnc	ADJ
abrj-536	125	386	machine	machine	NOUN
abrj-536	125	387	tools	tool	NOUN
abrj-536	125	388	,	,	PUNCT
abrj-536	125	389	digitization	digitization	NOUN
abrj-536	125	390	,	,	PUNCT
abrj-536	125	391	smart	smart	ADJ
abrj-536	125	392	hardware	hardware	NOUN
abrj-536	125	393	,	,	PUNCT
abrj-536	125	394	core	core	NOUN
abrj-536	125	395	shield	shield	NOUN
abrj-536	125	396	,	,	PUNCT
abrj-536	125	397	smart	smart	ADJ
abrj-536	125	398	wearable	wearable	ADJ
abrj-536	125	399	,	,	PUNCT
abrj-536	125	400	smart	smart	ADJ
abrj-536	125	401	manufacturing	manufacturing	NOUN
abrj-536	125	402	,	,	PUNCT
abrj-536	125	403	digital	digital	ADJ
abrj-536	125	404	model	model	NOUN
abrj-536	125	405	,	,	PUNCT
abrj-536	125	406	smart	smart	ADJ
abrj-536	125	407	construction	construction	NOUN
abrj-536	125	408	,	,	PUNCT
abrj-536	125	409	smart	smart	ADJ
abrj-536	125	410	public	public	ADJ
abrj-536	125	411	transportation	transportation	NOUN
abrj-536	125	412	,	,	PUNCT
abrj-536	125	413	intelligent	intelligent	ADJ
abrj-536	125	414	,	,	PUNCT
abrj-536	125	415	digital	digital	ADJ
abrj-536	125	416	intelligence	intelligence	NOUN
abrj-536	125	417	,	,	PUNCT
abrj-536	125	418	smart	smart	ADJ
abrj-536	125	419	ports	port	NOUN
abrj-536	125	420	,	,	PUNCT
abrj-536	125	421	smart	smart	ADJ
abrj-536	125	422	factories	factory	NOUN
abrj-536	125	423	,	,	PUNCT
abrj-536	125	424	quantum	quantum	NOUN
abrj-536	125	425	computing	computing	NOUN
abrj-536	125	426	,	,	PUNCT
abrj-536	125	427	fintech	fintech	NOUN
abrj-536	125	428	,	,	PUNCT
abrj-536	125	429	supply	supply	NOUN
abrj-536	125	430	chain	chain	NOUN
abrj-536	125	431	finance	finance	NOUN
abrj-536	125	432	,	,	PUNCT
abrj-536	125	433	smart	smart	ADJ
abrj-536	125	434	customer	customer	NOUN
abrj-536	125	435	service	service	NOUN
abrj-536	125	436	,	,	PUNCT
abrj-536	125	437	internet	internet	NOUN
abrj-536	125	438	finance	finance	NOUN
abrj-536	125	439	,	,	PUNCT
abrj-536	125	440	digital	digital	ADJ
abrj-536	125	441	finance	finance	NOUN
abrj-536	125	442	,	,	PUNCT
abrj-536	125	443	fintech	fintech	NOUN
abrj-536	125	444	,	,	PUNCT
abrj-536	125	445	crossborder	crossborder	NOUN
abrj-536	125	446	payment	payment	NOUN
abrj-536	125	447	,	,	PUNCT
abrj-536	125	448	mobile	mobile	ADJ
abrj-536	125	449	payment	payment	NOUN
abrj-536	125	450	,	,	PUNCT
abrj-536	125	451	nfc	nfc	NOUN
abrj-536	125	452	payment	payment	NOUN
abrj-536	125	453	,	,	PUNCT
abrj-536	125	454	cad	cad	PROPN
abrj-536	125	455	,	,	PUNCT
abrj-536	125	456	cam	cam	NOUN
abrj-536	125	457	,	,	PUNCT
abrj-536	125	458	investment	investment	NOUN
abrj-536	125	459	decision	decision	NOUN
abrj-536	125	460	aid	aid	NOUN
abrj-536	125	461	system	system	NOUN
abrj-536	125	462	,	,	PUNCT
abrj-536	125	463	intelligent	intelligent	ADJ
abrj-536	125	464	data	datum	NOUN
abrj-536	125	465	analysis	analysis	NOUN
abrj-536	125	466	,	,	PUNCT
abrj-536	125	467	intelligent	intelligent	ADJ
abrj-536	125	468	robot	robot	NOUN
abrj-536	125	469	,	,	PUNCT
abrj-536	125	470	biometrics	biometric	NOUN
abrj-536	125	471	,	,	PUNCT
abrj-536	125	472	ocr	ocr	PROPN
abrj-536	125	473	technology	technology	NOUN
abrj-536	125	474	,	,	PUNCT
abrj-536	125	475	cpo	cpo	NOUN
abrj-536	125	476	,	,	PUNCT
abrj-536	125	477	expert	expert	NOUN
abrj-536	125	478	system	system	NOUN
abrj-536	125	479	,	,	PUNCT
abrj-536	125	480	learning	learn	VERB
abrj-536	125	481	algorithms	algorithm	NOUN
abrj-536	125	482	,	,	PUNCT
abrj-536	125	483	differential	differential	NOUN
abrj-536	125	484	privacy	privacy	NOUN
abrj-536	125	485	technology	technology	NOUN
abrj-536	125	486	,	,	PUNCT
abrj-536	125	487	billion	billion	NUM
abrj-536	125	488	level	level	NOUN
abrj-536	125	489	concurrency	concurrency	NOUN
abrj-536	125	490	,	,	PUNCT
abrj-536	125	491	eb	eb	PROPN
abrj-536	125	492	level	level	NOUN
abrj-536	125	493	storage	storage	NOUN
abrj-536	125	494	,	,	PUNCT
abrj-536	125	495	information	information	NOUN
abrj-536	125	496	physical	physical	ADJ
abrj-536	125	497	system	system	NOUN
abrj-536	125	498	,	,	PUNCT
abrj-536	125	499	artificial	artificial	ADJ
abrj-536	125	500	intelligence	intelligence	NOUN
abrj-536	125	501	laboratory	laboratory	NOUN
abrj-536	125	502	,	,	PUNCT
abrj-536	125	503	artificial	artificial	ADJ
abrj-536	125	504	intelligence	intelligence	NOUN
abrj-536	125	505	platform	platform	NOUN
abrj-536	125	506	,	,	PUNCT
abrj-536	125	507	artificial	artificial	ADJ
abrj-536	125	508	intelligence	intelligence	NOUN
abrj-536	125	509	facility	facility	NOUN
abrj-536	125	510	,	,	PUNCT
abrj-536	125	511	artificial	artificial	ADJ
abrj-536	125	512	intelligence	intelligence	NOUN
abrj-536	125	513	equipment	equipment	NOUN
abrj-536	125	514	,	,	PUNCT
abrj-536	125	515	artificial	artificial	ADJ
abrj-536	125	516	intelligence	intelligence	NOUN
abrj-536	125	517	system	system	NOUN
abrj-536	125	518	,	,	PUNCT
abrj-536	125	519	intelligent	intelligent	ADJ
abrj-536	125	520	information	information	NOUN
abrj-536	125	521	system	system	NOUN
abrj-536	125	522	,	,	PUNCT
abrj-536	125	523	cloud	cloud	NOUN
abrj-536	125	524	laboratory	laboratory	NOUN
abrj-536	125	525	,	,	PUNCT
abrj-536	125	526	cloud	cloud	NOUN
abrj-536	125	527	system	system	NOUN
abrj-536	125	528	,	,	PUNCT
abrj-536	125	529	cloud	cloud	NOUN
abrj-536	125	530	equipment	equipment	NOUN
abrj-536	125	531	,	,	PUNCT
abrj-536	125	532	cloud	cloud	NOUN
abrj-536	125	533	facilities	facility	NOUN
abrj-536	125	534	,	,	PUNCT
abrj-536	125	535	cloud	cloud	NOUN
abrj-536	125	536	terminal	terminal	NOUN
abrj-536	125	537	,	,	PUNCT
abrj-536	125	538	cloud	cloud	NOUN
abrj-536	125	539	community	community	NOUN
abrj-536	125	540	,	,	PUNCT
abrj-536	125	541	cloud	cloud	NOUN
abrj-536	125	542	technology	technology	NOUN
abrj-536	125	543	system	system	NOUN
abrj-536	125	544	,	,	PUNCT
abrj-536	125	545	big	big	ADJ
abrj-536	125	546	data	datum	NOUN
abrj-536	125	547	lab	lab	NOUN
abrj-536	125	548	,	,	PUNCT
abrj-536	125	549	big	big	ADJ
abrj-536	125	550	data	datum	NOUN
abrj-536	125	551	platform	platform	NOUN
abrj-536	125	552	,	,	PUNCT
abrj-536	125	553	big	big	ADJ
abrj-536	125	554	data	datum	NOUN
abrj-536	125	555	facilities	facility	NOUN
abrj-536	125	556	,	,	PUNCT
abrj-536	125	557	big	big	ADJ
abrj-536	125	558	data	datum	NOUN
abrj-536	125	559	equipment	equipment	NOUN
abrj-536	125	560	,	,	PUNCT
abrj-536	125	561	big	big	ADJ
abrj-536	125	562	data	datum	NOUN
abrj-536	125	563	information	information	NOUN
abrj-536	125	564	system	system	NOUN
abrj-536	125	565	,	,	PUNCT
abrj-536	125	566	big	big	ADJ
abrj-536	125	567	data	datum	NOUN
abrj-536	125	568	technology	technology	NOUN
abrj-536	125	569	system	system	NOUN
abrj-536	125	570	,	,	PUNCT
abrj-536	125	571	digital	digital	ADJ
abrj-536	125	572	patent	patent	NOUN
abrj-536	125	573	,	,	PUNCT
abrj-536	125	574	digital	digital	ADJ
abrj-536	125	575	network	network	NOUN
abrj-536	125	576	,	,	PUNCT
abrj-536	125	577	digital	digital	ADJ
abrj-536	125	578	terminal	terminal	NOUN
abrj-536	125	579	,	,	PUNCT
abrj-536	125	580	digital	digital	ADJ
abrj-536	125	581	technology	technology	NOUN
abrj-536	125	582	system	system	NOUN
abrj-536	125	583	,	,	PUNCT
abrj-536	125	584	3d	3d	NUM
abrj-536	125	585	printing	printing	NOUN
abrj-536	125	586	equipment	equipment	NOUN
abrj-536	125	587	,	,	PUNCT
abrj-536	125	588	meta	meta	X
abrj-536	125	589	-	-	PUNCT
abrj-536	125	590	universe	universe	NOUN
abrj-536	125	591	,	,	PUNCT
abrj-536	125	592	virtual	virtual	ADJ
abrj-536	125	593	human	human	NOUN
abrj-536	125	594	,	,	PUNCT
abrj-536	125	595	3d	3d	NUM
abrj-536	125	596	printing	printing	NOUN
abrj-536	125	597	,	,	PUNCT
abrj-536	125	598	5	5	NUM
abrj-536	125	599	g	g	NOUN
abrj-536	125	600	technology	technology	NOUN
abrj-536	125	601	,	,	PUNCT
abrj-536	125	602	mobile	mobile	ADJ
abrj-536	125	603	internet	internet	NOUN
abrj-536	125	604	,	,	PUNCT
abrj-536	125	605	digital	digital	ADJ
abrj-536	125	606	technology	technology	NOUN
abrj-536	125	607	,	,	PUNCT
abrj-536	125	608	nano	nano	NOUN
abrj-536	125	609	-	-	PUNCT
abrj-536	125	610	computing	computing	ADJ
abrj-536	125	611	,	,	PUNCT
abrj-536	125	612	intelligent	intelligent	ADJ
abrj-536	125	613	planning	planning	NOUN
abrj-536	125	614	,	,	PUNCT
abrj-536	125	615	intelligent	intelligent	ADJ
abrj-536	125	616	optimization	optimization	NOUN
abrj-536	125	617	,	,	PUNCT
abrj-536	125	618	intelligent	intelligent	ADJ
abrj-536	125	619	marketing	marketing	NOUN
abrj-536	125	620	,	,	PUNCT
abrj-536	125	621	digital	digital	ADJ
abrj-536	125	622	marketing	marketing	NOUN
abrj-536	125	623	,	,	PUNCT
abrj-536	125	624	unmanned	unmanned	ADJ
abrj-536	125	625	retail	retail	NOUN
abrj-536	125	626	,	,	PUNCT
abrj-536	125	627	unmanned	unmanned	ADJ
abrj-536	125	628	factory	factory	NOUN
abrj-536	125	629	,	,	PUNCT
abrj-536	125	630	third	third	ADJ
abrj-536	125	631	party	party	NOUN
abrj-536	125	632	payment	payment	NOUN
abrj-536	125	633	,	,	PUNCT
abrj-536	125	634	nfc	nfc	NOUN
abrj-536	125	635	payment	payment	NOUN
abrj-536	125	636	,	,	PUNCT
abrj-536	125	637	human	human	NOUN
abrj-536	125	638	-	-	PUNCT
abrj-536	125	639	computer	computer	NOUN
abrj-536	125	640	interaction	interaction	NOUN
abrj-536	125	641	,	,	PUNCT
abrj-536	125	642	social	social	ADJ
abrj-536	125	643	networking	networking	NOUN
abrj-536	125	644	,	,	PUNCT
abrj-536	125	645	intelligent	intelligent	ADJ
abrj-536	125	646	agriculture	agriculture	NOUN
abrj-536	125	647	,	,	PUNCT
abrj-536	125	648	intelligent	intelligent	ADJ
abrj-536	125	649	transportation	transportation	NOUN
abrj-536	125	650	,	,	PUNCT
abrj-536	125	651	intelligent	intelligent	ADJ
abrj-536	125	652	healthcare	healthcare	NOUN
abrj-536	125	653	,	,	PUNCT
abrj-536	125	654	intelligent	intelligent	ADJ
abrj-536	125	655	investment	investment	NOUN
abrj-536	125	656	,	,	PUNCT
abrj-536	125	657	intelligent	intelligent	ADJ
abrj-536	125	658	culture	culture	NOUN
abrj-536	125	659	and	and	CCONJ
abrj-536	125	660	tourism	tourism	NOUN
abrj-536	125	661	,	,	PUNCT
abrj-536	125	662	intelligent	intelligent	ADJ
abrj-536	125	663	environmental	environmental	ADJ
abrj-536	125	664	protection	protection	NOUN
abrj-536	125	665	,	,	PUNCT
abrj-536	125	666	intelligent	intelligent	ADJ
abrj-536	125	667	energy	energy	NOUN
abrj-536	125	668	,	,	PUNCT
abrj-536	125	669	internet	internet	NOUN
abrj-536	125	670	healthcare	healthcare	NOUN
abrj-536	125	671	,	,	PUNCT
abrj-536	125	672	quantitative	quantitative	ADJ
abrj-536	125	673	finance	finance	NOUN
abrj-536	125	674	,	,	PUNCT
abrj-536	125	675	open	open	ADJ
abrj-536	125	676	banking	banking	NOUN
abrj-536	125	677	,	,	PUNCT
abrj-536	125	678	netflix	netflix	ADJ
abrj-536	125	679	level	level	NOUN
abrj-536	125	680	of	of	ADP
abrj-536	125	681	digital	digital	ADJ
abrj-536	125	682	transformation	transformation	NOUN
abrj-536	125	683	(	(	PUNCT
abrj-536	125	684	ldt	ldt	PROPN
abrj-536	125	685	):	):	PUNCT
abrj-536	125	686	we	we	PRON
abrj-536	125	687	sum	sum	VERB
abrj-536	125	688	the	the	DET
abrj-536	125	689	above	above	ADJ
abrj-536	125	690	readiness	readiness	NOUN
abrj-536	125	691	and	and	CCONJ
abrj-536	125	692	contribution	contribution	NOUN
abrj-536	125	693	to	to	ADP
abrj-536	125	694	the	the	DET
abrj-536	125	695	level	level	NOUN
abrj-536	125	696	of	of	ADP
abrj-536	125	697	digital	digital	ADJ
abrj-536	125	698	transformation	transformation	NOUN
abrj-536	125	699	(	(	PUNCT
abrj-536	125	700	ldt	ldt	PROPN
abrj-536	125	701	)	)	PUNCT
abrj-536	125	702	.	.	PUNCT
abrj-536	126	1	ldt	ldt	PROPN
abrj-536	126	2	=	=	PROPN
abrj-536	126	3	dir+cdi	dir+cdi	PROPN
abrj-536	126	4	3.2.3	3.2.3	NUM
abrj-536	126	5	.	.	PUNCT
abrj-536	127	1	moderating	moderating	NOUN
abrj-536	127	2	variables	variable	NOUN
abrj-536	127	3	the	the	DET
abrj-536	127	4	moderating	moderate	VERB
abrj-536	127	5	variables	variable	NOUN
abrj-536	127	6	of	of	ADP
abrj-536	127	7	our	our	PRON
abrj-536	127	8	research	research	NOUN
abrj-536	127	9	are	be	AUX
abrj-536	127	10	reply_interval	reply_interval	NOUN
abrj-536	127	11	(	(	PUNCT
abrj-536	127	12	investor	investor	NOUN
abrj-536	127	13	interaction	interaction	NOUN
abrj-536	127	14	response	response	NOUN
abrj-536	127	15	)	)	PUNCT
abrj-536	127	16	and	and	CCONJ
abrj-536	127	17	industry	industry	NOUN
abrj-536	127	18	concentration	concentration	NOUN
abrj-536	127	19	(	(	PUNCT
abrj-536	127	20	lernerindex	lernerindex	NOUN
abrj-536	127	21	)	)	PUNCT
abrj-536	127	22	.	.	PUNCT
abrj-536	128	1	the	the	DET
abrj-536	128	2	first	first	ADJ
abrj-536	128	3	moderating	moderate	VERB
abrj-536	128	4	variable	variable	NOUN
abrj-536	128	5	in	in	ADP
abrj-536	128	6	this	this	DET
abrj-536	128	7	study	study	NOUN
abrj-536	128	8	is	be	AUX
abrj-536	128	9	reply_interval	reply_interval	PROPN
abrj-536	128	10	.	.	PUNCT
abrj-536	129	1	investor	investor	NOUN
abrj-536	129	2	interaction	interaction	NOUN
abrj-536	129	3	response	response	NOUN
abrj-536	129	4	:	:	PUNCT
abrj-536	129	5	ln(mean(answer_time	ln(mean(answer_time	NUM
abrj-536	129	6	question_time)+1	question_time)+1	NOUN
abrj-536	129	7	)	)	PUNCT
abrj-536	129	8	,	,	PUNCT
abrj-536	129	9	answer_time	answer_time	NOUN
abrj-536	129	10	for	for	ADP
abrj-536	129	11	the	the	DET
abrj-536	129	12	enterprise	enterprise	NOUN
abrj-536	129	13	to	to	PART
abrj-536	129	14	answer	answer	VERB
abrj-536	129	15	investor	investor	NOUN
abrj-536	129	16	questions	question	NOUN
abrj-536	129	17	for	for	ADP
abrj-536	129	18	the	the	DET
abrj-536	129	19	time	time	NOUN
abrj-536	129	20	,	,	PUNCT
abrj-536	129	21	unit	unit	NOUN
abrj-536	129	22	for	for	ADP
abrj-536	129	23	the	the	DET
abrj-536	129	24	day	day	NOUN
abrj-536	129	25	,	,	PUNCT
abrj-536	129	26	question_time	question_time	ADJ
abrj-536	129	27	for	for	ADP
abrj-536	129	28	the	the	DET
abrj-536	129	29	investor	investor	NOUN
abrj-536	129	30	question	question	NOUN
abrj-536	129	31	time	time	NOUN
abrj-536	129	32	,	,	PUNCT
abrj-536	129	33	unit	unit	NOUN
abrj-536	129	34	for	for	ADP
abrj-536	129	35	the	the	DET
abrj-536	129	36	day	day	NOUN
abrj-536	129	37	.	.	PUNCT
abrj-536	130	1	the	the	DET
abrj-536	130	2	best	good	ADJ
abrj-536	130	3	data	datum	NOUN
abrj-536	130	4	to	to	PART
abrj-536	130	5	measure	measure	VERB
abrj-536	130	6	the	the	DET
abrj-536	130	7	responsiveness	responsiveness	NOUN
abrj-536	130	8	of	of	ADP
abrj-536	130	9	a	a	DET
abrj-536	130	10	company	company	NOUN
abrj-536	130	11	to	to	ADP
abrj-536	130	12	its	its	PRON
abrj-536	130	13	customers	customer	NOUN
abrj-536	130	14	is	be	AUX
abrj-536	130	15	based	base	VERB
abrj-536	130	16	on	on	ADP
abrj-536	130	17	the	the	DET
abrj-536	130	18	interaction	interaction	NOUN
abrj-536	130	19	between	between	ADP
abrj-536	130	20	the	the	DET
abrj-536	130	21	company	company	NOUN
abrj-536	130	22	and	and	CCONJ
abrj-536	130	23	its	its	PRON
abrj-536	130	24	downstream	downstream	ADJ
abrj-536	130	25	customers	customer	NOUN
abrj-536	130	26	,	,	PUNCT
abrj-536	130	27	but	but	CCONJ
abrj-536	130	28	the	the	DET
abrj-536	130	29	difficulty	difficulty	NOUN
abrj-536	130	30	of	of	ADP
abrj-536	130	31	obtaining	obtain	VERB
abrj-536	130	32	this	this	DET
abrj-536	130	33	type	type	NOUN
abrj-536	130	34	of	of	ADP
abrj-536	130	35	data	datum	NOUN
abrj-536	130	36	,	,	PUNCT
abrj-536	130	37	as	as	ADV
abrj-536	130	38	well	well	ADV
abrj-536	130	39	as	as	ADP
abrj-536	130	40	the	the	DET
abrj-536	130	41	personalized	personalized	ADJ
abrj-536	130	42	differences	difference	NOUN
abrj-536	130	43	between	between	ADP
abrj-536	130	44	different	different	ADJ
abrj-536	130	45	companies	company	NOUN
abrj-536	130	46	can	can	AUX
abrj-536	130	47	also	also	ADV
abrj-536	130	48	make	make	VERB
abrj-536	130	49	a	a	DET
abrj-536	130	50	big	big	ADJ
abrj-536	130	51	difference	difference	NOUN
abrj-536	130	52	in	in	ADP
abrj-536	130	53	the	the	DET
abrj-536	130	54	results	result	NOUN
abrj-536	130	55	(	(	PUNCT
abrj-536	130	56	some	some	DET
abrj-536	130	57	companies	company	NOUN
abrj-536	130	58	have	have	AUX
abrj-536	130	59	more	more	ADJ
abrj-536	130	60	mature	mature	ADJ
abrj-536	130	61	system	system	NOUN
abrj-536	130	62	platforms	platform	NOUN
abrj-536	130	63	,	,	PUNCT
abrj-536	130	64	but	but	CCONJ
abrj-536	130	65	some	some	PRON
abrj-536	130	66	do	do	VERB
abrj-536	130	67	not	not	PART
abrj-536	130	68	;	;	PUNCT
abrj-536	130	69	however	however	ADV
abrj-536	130	70	,	,	PUNCT
abrj-536	130	71	there	there	PRON
abrj-536	130	72	may	may	AUX
abrj-536	130	73	be	be	AUX
abrj-536	130	74	offline	offline	ADJ
abrj-536	130	75	or	or	CCONJ
abrj-536	130	76	even	even	ADV
abrj-536	130	77	other	other	ADJ
abrj-536	130	78	ways	way	NOUN
abrj-536	130	79	to	to	PART
abrj-536	130	80	pay	pay	VERB
abrj-536	130	81	close	close	ADJ
abrj-536	130	82	attention	attention	NOUN
abrj-536	130	83	to	to	ADP
abrj-536	130	84	the	the	DET
abrj-536	130	85	personalized	personalize	VERB
abrj-536	130	86	needs	need	NOUN
abrj-536	130	87	of	of	ADP
abrj-536	130	88	customers	customer	NOUN
abrj-536	130	89	)	)	PUNCT
abrj-536	130	90	;	;	PUNCT
abrj-536	130	91	therefore	therefore	ADV
abrj-536	130	92	,	,	PUNCT
abrj-536	130	93	we	we	PRON
abrj-536	130	94	decided	decide	VERB
abrj-536	130	95	to	to	PART
abrj-536	130	96	use	use	VERB
abrj-536	130	97	the	the	DET
abrj-536	130	98	interaction	interaction	NOUN
abrj-536	130	99	time	time	NOUN
abrj-536	130	100	to	to	PART
abrj-536	130	101	measure	measure	VERB
abrj-536	130	102	the	the	DET
abrj-536	130	103	responsiveness	responsiveness	NOUN
abrj-536	130	104	of	of	ADP
abrj-536	130	105	the	the	DET
abrj-536	130	106	company	company	NOUN
abrj-536	130	107	to	to	ADP
abrj-536	130	108	its	its	PRON
abrj-536	130	109	customers	customer	NOUN
abrj-536	130	110	.	.	PUNCT
abrj-536	130	111	)	)	PUNCT
abrj-536	130	112	,	,	PUNCT
abrj-536	130	113	we	we	PRON
abrj-536	130	114	therefore	therefore	ADV
abrj-536	130	115	decided	decide	VERB
abrj-536	130	116	to	to	PART
abrj-536	130	117	approximate	approximate	VERB
abrj-536	130	118	the	the	DET
abrj-536	130	119	response	response	NOUN
abrj-536	130	120	rate	rate	NOUN
abrj-536	130	121	of	of	ADP
abrj-536	130	122	firms	firm	NOUN
abrj-536	130	123	to	to	ADP
abrj-536	130	124	consumer	consumer	NOUN
abrj-536	130	125	comments	comment	NOUN
abrj-536	130	126	through	through	ADP
abrj-536	130	127	the	the	DET
abrj-536	130	128	interactions	interaction	NOUN
abrj-536	130	129	of	of	ADP
abrj-536	130	130	investors	investor	NOUN
abrj-536	130	131	and	and	CCONJ
abrj-536	130	132	listed	list	VERB
abrj-536	130	133	firms	firm	NOUN
abrj-536	130	134	captured	capture	VERB
abrj-536	130	135	by	by	ADP
abrj-536	130	136	the	the	DET
abrj-536	130	137	interactive	interactive	ADJ
abrj-536	130	138	e	e	NOUN
abrj-536	130	139	platform	platform	NOUN
abrj-536	130	140	,	,	PUNCT
abrj-536	130	141	thus	thus	ADV
abrj-536	130	142	approximating	approximate	VERB
abrj-536	130	143	the	the	DET
abrj-536	130	144	level	level	NOUN
abrj-536	130	145	of	of	ADP
abrj-536	130	146	importance	importance	NOUN
abrj-536	130	147	that	that	PRON
abrj-536	130	148	firms	firm	NOUN
abrj-536	130	149	attach	attach	VERB
abrj-536	130	150	to	to	ADP
abrj-536	130	151	customer	customer	NOUN
abrj-536	130	152	needs	need	NOUN
abrj-536	130	153	.	.	PUNCT
abrj-536	131	1	we	we	PRON
abrj-536	131	2	take	take	VERB
abrj-536	131	3	the	the	DET
abrj-536	131	4	logarithm	logarithm	NOUN
abrj-536	131	5	of	of	ADP
abrj-536	131	6	the	the	DET
abrj-536	131	7	difference	difference	NOUN
abrj-536	131	8	between	between	ADP
abrj-536	131	9	investor	investor	NOUN
abrj-536	131	10	comments	comment	NOUN
abrj-536	131	11	and	and	CCONJ
abrj-536	131	12	listed	list	VERB
abrj-536	131	13	firms	firm	NOUN
abrj-536	131	14	'	'	PART
abrj-536	131	15	response	response	NOUN
abrj-536	131	16	time	time	NOUN
abrj-536	131	17	by	by	ADP
abrj-536	131	18	counting	count	VERB
abrj-536	131	19	the	the	DET
abrj-536	131	20	difference	difference	NOUN
abrj-536	131	21	between	between	ADP
abrj-536	131	22	investor	investor	NOUN
abrj-536	131	23	comments	comment	NOUN
abrj-536	131	24	and	and	CCONJ
abrj-536	131	25	listed	list	VERB
abrj-536	131	26	firms	firm	NOUN
abrj-536	131	27	'	'	PART
abrj-536	131	28	response	response	NOUN
abrj-536	131	29	time	time	NOUN
abrj-536	131	30	in	in	ADP
abrj-536	131	31	each	each	DET
abrj-536	131	32	year	year	NOUN
abrj-536	131	33	,	,	PUNCT
abrj-536	131	34	and	and	CCONJ
abrj-536	131	35	then	then	ADV
abrj-536	131	36	take	take	VERB
abrj-536	131	37	the	the	DET
abrj-536	131	38	logarithm	logarithm	NOUN
abrj-536	131	39	of	of	ADP
abrj-536	131	40	the	the	DET
abrj-536	131	41	mean	mean	ADJ
abrj-536	131	42	value	value	NOUN
abrj-536	131	43	as	as	ADP
abrj-536	131	44	the	the	DET
abrj-536	131	45	response	response	NOUN
abrj-536	131	46	to	to	ADP
abrj-536	131	47	investor	investor	NOUN
abrj-536	131	48	interactions	interaction	NOUN
abrj-536	131	49	(	(	PUNCT
abrj-536	131	50	source	source	NOUN
abrj-536	131	51	:	:	PUNCT
abrj-536	131	52	guotai	guotai	PROPN
abrj-536	131	53	junan	junan	PROPN
abrj-536	131	54	csmar	csmar	PROPN
abrj-536	131	55	database	database	PROPN
abrj-536	131	56	)	)	PUNCT
abrj-536	131	57	.	.	PUNCT
abrj-536	132	1	the	the	DET
abrj-536	132	2	second	second	ADJ
abrj-536	132	3	moderating	moderate	VERB
abrj-536	132	4	variable	variable	NOUN
abrj-536	132	5	in	in	ADP
abrj-536	132	6	this	this	DET
abrj-536	132	7	study	study	NOUN
abrj-536	132	8	is	be	AUX
abrj-536	132	9	industry	industry	NOUN
abrj-536	132	10	concentration	concentration	NOUN
abrj-536	132	11	.	.	PUNCT
abrj-536	133	1	measures	measure	NOUN
abrj-536	133	2	of	of	ADP
abrj-536	133	3	the	the	DET
abrj-536	133	4	degree	degree	NOUN
abrj-536	133	5	of	of	ADP
abrj-536	133	6	competition	competition	NOUN
abrj-536	133	7	in	in	ADP
abrj-536	133	8	a	a	DET
abrj-536	133	9	market	market	NOUN
abrj-536	133	10	are	be	AUX
abrj-536	133	11	mainly	mainly	ADV
abrj-536	133	12	divided	divide	VERB
abrj-536	133	13	into	into	ADP
abrj-536	133	14	two	two	NUM
abrj-536	133	15	types	type	NOUN
abrj-536	133	16	:	:	PUNCT
abrj-536	133	17	objective	objective	ADJ
abrj-536	133	18	measures	measure	NOUN
abrj-536	133	19	and	and	CCONJ
abrj-536	133	20	subjective	subjective	ADJ
abrj-536	133	21	evaluations	evaluation	NOUN
abrj-536	133	22	.	.	PUNCT
abrj-536	134	1	objective	objective	ADJ
abrj-536	134	2	measurement	measurement	NOUN
abrj-536	134	3	usually	usually	ADV
abrj-536	134	4	uses	use	VERB
abrj-536	134	5	indicators	indicator	NOUN
abrj-536	134	6	such	such	ADJ
abrj-536	134	7	as	as	ADP
abrj-536	134	8	industry	industry	NOUN
abrj-536	134	9	concentration	concentration	NOUN
abrj-536	134	10	and	and	CCONJ
abrj-536	134	11	lerner	lerner	PROPN
abrj-536	134	12	index	index	PROPN
abrj-536	134	13	to	to	PART
abrj-536	134	14	quantify	quantify	VERB
abrj-536	134	15	the	the	DET
abrj-536	134	16	actual	actual	ADJ
abrj-536	134	17	level	level	NOUN
abrj-536	134	18	of	of	ADP
abrj-536	134	19	market	market	NOUN
abrj-536	134	20	competition	competition	NOUN
abrj-536	134	21	.	.	PUNCT
abrj-536	135	1	on	on	ADP
abrj-536	135	2	the	the	DET
abrj-536	135	3	other	other	ADJ
abrj-536	135	4	hand	hand	NOUN
abrj-536	135	5	,	,	PUNCT
abrj-536	135	6	subjective	subjective	ADJ
abrj-536	135	7	evaluation	evaluation	NOUN
abrj-536	135	8	uses	use	VERB
abrj-536	135	9	market	market	NOUN
abrj-536	135	10	questionnaires	questionnaire	NOUN
abrj-536	135	11	and	and	CCONJ
abrj-536	135	12	other	other	ADJ
abrj-536	135	13	methods	method	NOUN
abrj-536	135	14	to	to	PART
abrj-536	135	15	obtain	obtain	VERB
abrj-536	135	16	the	the	DET
abrj-536	135	17	subjective	subjective	ADJ
abrj-536	135	18	feelings	feeling	NOUN
abrj-536	135	19	of	of	ADP
abrj-536	135	20	market	market	NOUN
abrj-536	135	21	players	player	NOUN
abrj-536	135	22	about	about	ADP
abrj-536	135	23	the	the	DET
abrj-536	135	24	degree	degree	NOUN
abrj-536	135	25	of	of	ADP
abrj-536	135	26	market	market	NOUN
abrj-536	135	27	competition	competition	NOUN
abrj-536	135	28	.	.	PUNCT
abrj-536	136	1	these	these	DET
abrj-536	136	2	two	two	NUM
abrj-536	136	3	methods	method	NOUN
abrj-536	136	4	have	have	VERB
abrj-536	136	5	their	their	PRON
abrj-536	136	6	own	own	ADJ
abrj-536	136	7	advantages	advantage	NOUN
abrj-536	136	8	and	and	CCONJ
abrj-536	136	9	disadvantages	disadvantage	NOUN
abrj-536	136	10	.	.	PUNCT
abrj-536	137	1	subjective	subjective	ADJ
abrj-536	137	2	evaluation	evaluation	NOUN
abrj-536	137	3	can	can	AUX
abrj-536	137	4	reflect	reflect	VERB
abrj-536	137	5	the	the	DET
abrj-536	137	6	intuitive	intuitive	ADJ
abrj-536	137	7	views	view	NOUN
abrj-536	137	8	of	of	ADP
abrj-536	137	9	market	market	NOUN
abrj-536	137	10	participants	participant	NOUN
abrj-536	137	11	,	,	PUNCT
abrj-536	137	12	while	while	SCONJ
abrj-536	137	13	objective	objective	ADJ
abrj-536	137	14	measurement	measurement	NOUN
abrj-536	137	15	focuses	focus	VERB
abrj-536	137	16	more	more	ADJ
abrj-536	137	17	on	on	ADP
abrj-536	137	18	objective	objective	ADJ
abrj-536	137	19	analysis	analysis	NOUN
abrj-536	137	20	through	through	ADP
abrj-536	137	21	data	datum	NOUN
abrj-536	137	22	and	and	CCONJ
abrj-536	137	23	indicators	indicator	NOUN
abrj-536	137	24	.	.	PUNCT
abrj-536	138	1	the	the	DET
abrj-536	138	2	asian	asian	PROPN
abrj-536	138	3	business	business	PROPN
abrj-536	138	4	research	research	NOUN
abrj-536	138	5	journal	journal	NOUN
abrj-536	138	6	,	,	PUNCT
abrj-536	138	7	2025	2025	NUM
abrj-536	138	8	,	,	PUNCT
abrj-536	138	9	10(8	10(8	NUM
abrj-536	138	10	):	):	PUNCT
abrj-536	138	11	49	49	NUM
abrj-536	138	12	-	-	SYM
abrj-536	138	13	58	58	NUM
abrj-536	138	14	54	54	NUM
abrj-536	138	15	©	©	PROPN
abrj-536	138	16	2025	2025	NUM
abrj-536	138	17	by	by	ADP
abrj-536	138	18	the	the	DET
abrj-536	138	19	authors	author	NOUN
abrj-536	138	20	;	;	PUNCT
abrj-536	138	21	licensee	licensee	NOUN
abrj-536	138	22	eastern	eastern	ADJ
abrj-536	138	23	centre	centre	NOUN
abrj-536	138	24	of	of	ADP
abrj-536	138	25	science	science	NOUN
abrj-536	138	26	and	and	CCONJ
abrj-536	138	27	education	education	NOUN
abrj-536	138	28	,	,	PUNCT
abrj-536	138	29	usa	usa	PROPN
abrj-536	138	30	combined	combine	VERB
abrj-536	138	31	use	use	NOUN
abrj-536	138	32	of	of	ADP
abrj-536	138	33	these	these	DET
abrj-536	138	34	two	two	NUM
abrj-536	138	35	methods	method	NOUN
abrj-536	138	36	can	can	AUX
abrj-536	138	37	help	help	VERB
abrj-536	138	38	us	we	PRON
abrj-536	138	39	understand	understand	VERB
abrj-536	138	40	and	and	CCONJ
abrj-536	138	41	assess	assess	VERB
abrj-536	138	42	the	the	DET
abrj-536	138	43	state	state	NOUN
abrj-536	138	44	of	of	ADP
abrj-536	138	45	competition	competition	NOUN
abrj-536	138	46	in	in	ADP
abrj-536	138	47	a	a	DET
abrj-536	138	48	more	more	ADV
abrj-536	138	49	comprehensive	comprehensive	ADJ
abrj-536	138	50	manner	manner	NOUN
abrj-536	138	51	.	.	PUNCT
abrj-536	139	1	objective	objective	ADJ
abrj-536	139	2	measures	measure	NOUN
abrj-536	139	3	often	often	ADV
abrj-536	139	4	use	use	VERB
abrj-536	139	5	industry	industry	NOUN
abrj-536	139	6	concentration	concentration	NOUN
abrj-536	139	7	,	,	PUNCT
abrj-536	139	8	lerner	lerner	PROPN
abrj-536	139	9	index	index	PROPN
abrj-536	139	10	and	and	CCONJ
abrj-536	139	11	other	other	ADJ
abrj-536	139	12	related	related	ADJ
abrj-536	139	13	indicators	indicator	NOUN
abrj-536	139	14	to	to	PART
abrj-536	139	15	measure	measure	VERB
abrj-536	139	16	the	the	DET
abrj-536	139	17	intensity	intensity	NOUN
abrj-536	139	18	of	of	ADP
abrj-536	139	19	competition	competition	NOUN
abrj-536	139	20	in	in	ADP
abrj-536	139	21	the	the	DET
abrj-536	139	22	market	market	NOUN
abrj-536	139	23	.	.	PUNCT
abrj-536	140	1	meanwhile	meanwhile	ADV
abrj-536	140	2	,	,	PUNCT
abrj-536	140	3	some	some	DET
abrj-536	140	4	scholars	scholar	NOUN
abrj-536	140	5	also	also	ADV
abrj-536	140	6	use	use	VERB
abrj-536	140	7	instrumental	instrumental	ADJ
abrj-536	140	8	variables	variable	NOUN
abrj-536	140	9	such	such	ADJ
abrj-536	140	10	as	as	ADP
abrj-536	140	11	trade	trade	NOUN
abrj-536	140	12	policy	policy	NOUN
abrj-536	140	13	changes	change	NOUN
abrj-536	140	14	and	and	CCONJ
abrj-536	140	15	tariff	tariff	NOUN
abrj-536	140	16	changes	change	NOUN
abrj-536	140	17	to	to	PART
abrj-536	140	18	replace	replace	VERB
abrj-536	140	19	the	the	DET
abrj-536	140	20	level	level	NOUN
abrj-536	140	21	of	of	ADP
abrj-536	140	22	market	market	NOUN
abrj-536	140	23	competition	competition	NOUN
abrj-536	140	24	.	.	PUNCT
abrj-536	141	1	however	however	ADV
abrj-536	141	2	,	,	PUNCT
abrj-536	141	3	all	all	DET
abrj-536	141	4	these	these	DET
abrj-536	141	5	indicators	indicator	NOUN
abrj-536	141	6	are	be	AUX
abrj-536	141	7	somewhat	somewhat	ADV
abrj-536	141	8	one	one	ADV
abrj-536	141	9	-	-	PUNCT
abrj-536	141	10	sided	sided	ADJ
abrj-536	141	11	in	in	ADP
abrj-536	141	12	measuring	measure	VERB
abrj-536	141	13	the	the	DET
abrj-536	141	14	level	level	NOUN
abrj-536	141	15	of	of	ADP
abrj-536	141	16	market	market	NOUN
abrj-536	141	17	competition	competition	NOUN
abrj-536	141	18	.	.	PUNCT
abrj-536	142	1	in	in	ADP
abrj-536	142	2	this	this	DET
abrj-536	142	3	paper	paper	NOUN
abrj-536	142	4	,	,	PUNCT
abrj-536	142	5	we	we	PRON
abrj-536	142	6	adopt	adopt	VERB
abrj-536	142	7	the	the	DET
abrj-536	142	8	industry	industry	NOUN
abrj-536	142	9	lerner	lerner	PROPN
abrj-536	142	10	index	index	PROPN
abrj-536	142	11	.	.	PUNCT
abrj-536	143	1	the	the	DET
abrj-536	143	2	industry	industry	NOUN
abrj-536	143	3	lerner	lerner	PROPN
abrj-536	143	4	index	index	PROPN
abrj-536	143	5	(	(	PUNCT
abrj-536	143	6	also	also	ADV
abrj-536	143	7	known	know	VERB
abrj-536	143	8	as	as	ADP
abrj-536	143	9	the	the	DET
abrj-536	143	10	industry	industry	NOUN
abrj-536	143	11	concentration	concentration	NOUN
abrj-536	143	12	index	index	NOUN
abrj-536	143	13	)	)	PUNCT
abrj-536	143	14	is	be	AUX
abrj-536	143	15	a	a	DET
abrj-536	143	16	measure	measure	NOUN
abrj-536	143	17	of	of	ADP
abrj-536	143	18	the	the	DET
abrj-536	143	19	degree	degree	NOUN
abrj-536	143	20	of	of	ADP
abrj-536	143	21	monopoly	monopoly	NOUN
abrj-536	143	22	of	of	ADP
abrj-536	143	23	manufacturers	manufacturer	NOUN
abrj-536	143	24	in	in	ADP
abrj-536	143	25	an	an	DET
abrj-536	143	26	industry	industry	NOUN
abrj-536	143	27	,	,	PUNCT
abrj-536	143	28	which	which	PRON
abrj-536	143	29	assesses	assess	VERB
abrj-536	143	30	the	the	DET
abrj-536	143	31	market	market	NOUN
abrj-536	143	32	dominance	dominance	NOUN
abrj-536	143	33	of	of	ADP
abrj-536	143	34	different	different	ADJ
abrj-536	143	35	manufacturers	manufacturer	NOUN
abrj-536	143	36	in	in	ADP
abrj-536	143	37	an	an	DET
abrj-536	143	38	industry	industry	NOUN
abrj-536	143	39	by	by	ADP
abrj-536	143	40	comparing	compare	VERB
abrj-536	143	41	their	their	PRON
abrj-536	143	42	output	output	NOUN
abrj-536	143	43	or	or	CCONJ
abrj-536	143	44	sales	sale	NOUN
abrj-536	143	45	.	.	PUNCT
abrj-536	144	1	the	the	DET
abrj-536	144	2	advantage	advantage	NOUN
abrj-536	144	3	of	of	ADP
abrj-536	144	4	the	the	DET
abrj-536	144	5	industry	industry	NOUN
abrj-536	144	6	lerner	lerner	PROPN
abrj-536	144	7	index	index	PROPN
abrj-536	144	8	is	be	AUX
abrj-536	144	9	that	that	SCONJ
abrj-536	144	10	it	it	PRON
abrj-536	144	11	provides	provide	VERB
abrj-536	144	12	a	a	DET
abrj-536	144	13	visual	visual	ADJ
abrj-536	144	14	measure	measure	NOUN
abrj-536	144	15	of	of	ADP
abrj-536	144	16	the	the	DET
abrj-536	144	17	degree	degree	NOUN
abrj-536	144	18	of	of	ADP
abrj-536	144	19	market	market	NOUN
abrj-536	144	20	monopoly	monopoly	NOUN
abrj-536	144	21	and	and	CCONJ
abrj-536	144	22	can	can	AUX
abrj-536	144	23	be	be	AUX
abrj-536	144	24	used	use	VERB
abrj-536	144	25	to	to	PART
abrj-536	144	26	compare	compare	VERB
abrj-536	144	27	the	the	DET
abrj-536	144	28	market	market	NOUN
abrj-536	144	29	structure	structure	NOUN
abrj-536	144	30	between	between	ADP
abrj-536	144	31	different	different	ADJ
abrj-536	144	32	industries	industry	NOUN
abrj-536	144	33	.	.	PUNCT
abrj-536	145	1	in	in	ADP
abrj-536	145	2	addition	addition	NOUN
abrj-536	145	3	,	,	PUNCT
abrj-536	145	4	the	the	DET
abrj-536	145	5	industry	industry	NOUN
abrj-536	145	6	lerner	lerner	PROPN
abrj-536	145	7	index	index	PROPN
abrj-536	145	8	can	can	AUX
abrj-536	145	9	also	also	ADV
abrj-536	145	10	reflect	reflect	VERB
abrj-536	145	11	the	the	DET
abrj-536	145	12	potential	potential	ADJ
abrj-536	145	13	monopoly	monopoly	NOUN
abrj-536	145	14	power	power	NOUN
abrj-536	145	15	of	of	ADP
abrj-536	145	16	manufacturers	manufacturer	NOUN
abrj-536	145	17	in	in	ADP
abrj-536	145	18	the	the	DET
abrj-536	145	19	industry	industry	NOUN
abrj-536	145	20	.	.	PUNCT
abrj-536	146	1	lernerindex	lernerindex	NOUN
abrj-536	147	1	[	[	X
abrj-536	147	2	industry	industry	NOUN
abrj-536	147	3	lerner	lerner	PROPN
abrj-536	147	4	index	index	PROPN
abrj-536	147	5	]	]	PUNCT
abrj-536	147	6	:	:	PUNCT
abrj-536	147	7	si/∑	si/∑	ADP
abrj-536	147	8	si𝑛	si𝑛	PROPN
abrj-536	147	9	0	0	PUNCT
abrj-536	147	10	*	*	PUNCT
abrj-536	147	11	lerner_stock	lerner_stock	PROPN
abrj-536	147	12	,	,	PUNCT
abrj-536	147	13	obtained	obtain	VERB
abrj-536	147	14	by	by	ADP
abrj-536	147	15	weighting	weight	VERB
abrj-536	147	16	the	the	DET
abrj-536	147	17	lerner	lerner	PROPN
abrj-536	147	18	index	index	NOUN
abrj-536	147	19	of	of	ADP
abrj-536	147	20	individual	individual	ADJ
abrj-536	147	21	stocks	stock	NOUN
abrj-536	147	22	using	use	VERB
abrj-536	147	23	the	the	DET
abrj-536	147	24	ratio	ratio	NOUN
abrj-536	147	25	of	of	ADP
abrj-536	147	26	operating	operate	VERB
abrj-536	147	27	income	income	NOUN
abrj-536	147	28	of	of	ADP
abrj-536	147	29	individual	individual	ADJ
abrj-536	147	30	companies	company	NOUN
abrj-536	147	31	to	to	ADP
abrj-536	147	32	the	the	DET
abrj-536	147	33	operating	operate	VERB
abrj-536	147	34	income	income	NOUN
abrj-536	147	35	of	of	ADP
abrj-536	147	36	individual	individual	ADJ
abrj-536	147	37	industries	industry	NOUN
abrj-536	147	38	.	.	PUNCT
abrj-536	148	1	si	si	X
abrj-536	148	2	:	:	PUNCT
abrj-536	148	3	operating	operate	VERB
abrj-536	148	4	income	income	NOUN
abrj-536	148	5	of	of	ADP
abrj-536	148	6	individual	individual	ADJ
abrj-536	148	7	company	company	NOUN
abrj-536	148	8	∑	∑	PUNCT
abrj-536	148	9	si𝑛	si𝑛	PROPN
abrj-536	148	10	0	0	NUM
abrj-536	148	11	:	:	PUNCT
abrj-536	148	12	total	total	ADJ
abrj-536	148	13	operating	operate	VERB
abrj-536	148	14	income	income	NOUN
abrj-536	148	15	in	in	ADP
abrj-536	148	16	the	the	DET
abrj-536	148	17	industry	industry	NOUN
abrj-536	148	18	lerner_stock	lerner_stock	NOUN
abrj-536	148	19	:	:	PUNCT
abrj-536	148	20	individual	individual	ADJ
abrj-536	148	21	stock	stock	PROPN
abrj-536	148	22	lerner	lerner	PROPN
abrj-536	148	23	index	index	PROPN
abrj-536	148	24	cumulative	cumulative	VERB
abrj-536	148	25	3.2.4	3.2.4	NUM
abrj-536	148	26	.	.	PUNCT
abrj-536	149	1	control	control	NOUN
abrj-536	149	2	variables	variable	VERB
abrj-536	149	3	some	some	DET
abrj-536	149	4	company	company	NOUN
abrj-536	149	5	-	-	PUNCT
abrj-536	149	6	level	level	NOUN
abrj-536	149	7	factors	factor	NOUN
abrj-536	149	8	that	that	PRON
abrj-536	149	9	may	may	AUX
abrj-536	149	10	affect	affect	VERB
abrj-536	149	11	the	the	DET
abrj-536	149	12	dependent	dependent	ADJ
abrj-536	149	13	variable	variable	NOUN
abrj-536	149	14	are	be	AUX
abrj-536	149	15	included	include	VERB
abrj-536	149	16	.	.	PUNCT
abrj-536	150	1	the	the	DET
abrj-536	150	2	definition	definition	NOUN
abrj-536	150	3	of	of	ADP
abrj-536	150	4	control	control	NOUN
abrj-536	150	5	variables	variable	NOUN
abrj-536	150	6	(	(	PUNCT
abrj-536	150	7	shou	shou	PROPN
abrj-536	150	8	et	et	PROPN
abrj-536	150	9	al	al	PROPN
abrj-536	150	10	.	.	PROPN
abrj-536	150	11	,	,	PUNCT
abrj-536	150	12	2021	2021	NUM
abrj-536	150	13	)	)	PUNCT
abrj-536	150	14	is	be	AUX
abrj-536	150	15	shown	show	VERB
abrj-536	150	16	in	in	ADP
abrj-536	150	17	table	table	NOUN
abrj-536	150	18	4	4	NUM
abrj-536	150	19	.	.	PUNCT
abrj-536	150	20	table	table	NOUN
abrj-536	150	21	4	4	NUM
abrj-536	150	22	.	.	PUNCT
abrj-536	151	1	summary	summary	NOUN
abrj-536	151	2	of	of	ADP
abrj-536	151	3	variable	variable	ADJ
abrj-536	151	4	measures	measure	NOUN
abrj-536	151	5	.	.	PUNCT
abrj-536	152	1	variable	variable	ADJ
abrj-536	152	2	name	name	NOUN
abrj-536	152	3	variable	variable	ADJ
abrj-536	152	4	symbol	symbol	NOUN
abrj-536	152	5	variable	variable	NOUN
abrj-536	152	6	-	-	PUNCT
abrj-536	152	7	specific	specific	ADJ
abrj-536	152	8	measures	measure	NOUN
abrj-536	152	9	customer	customer	NOUN
abrj-536	152	10	demand	demand	NOUN
abrj-536	152	11	orientation	orientation	NOUN
abrj-536	152	12	cdo	cdo	ADJ
abrj-536	152	13	ln(1+num_cdo	ln(1+num_cdo	NOUN
abrj-536	152	14	)	)	PUNCT
abrj-536	152	15	,	,	PUNCT
abrj-536	152	16	where	where	SCONJ
abrj-536	152	17	num_cdo	num_cdo	ADV
abrj-536	152	18	is	be	AUX
abrj-536	152	19	the	the	DET
abrj-536	152	20	number	number	NOUN
abrj-536	152	21	of	of	ADP
abrj-536	152	22	personalizationrelated	personalizationrelate	VERB
abrj-536	152	23	word	word	NOUN
abrj-536	152	24	frequencies	frequency	NOUN
abrj-536	152	25	in	in	ADP
abrj-536	152	26	the	the	DET
abrj-536	152	27	annual	annual	ADJ
abrj-536	152	28	report	report	NOUN
abrj-536	152	29	.	.	PUNCT
abrj-536	153	1	investor	investor	NOUN
abrj-536	153	2	interactive	interactive	ADJ
abrj-536	153	3	response	response	NOUN
abrj-536	153	4	reply_interval	reply_interval	PROPN
abrj-536	153	5	ln	ln	ADJ
abrj-536	153	6	(	(	PUNCT
abrj-536	153	7	1+qa_time	1+qa_time	NUM
abrj-536	153	8	)	)	PUNCT
abrj-536	153	9	,	,	PUNCT
abrj-536	153	10	where	where	SCONJ
abrj-536	153	11	qa_time	qa_time	NOUN
abrj-536	153	12	is	be	AUX
abrj-536	153	13	the	the	DET
abrj-536	153	14	mean	mean	ADJ
abrj-536	153	15	value	value	NOUN
abrj-536	153	16	of	of	ADP
abrj-536	153	17	the	the	DET
abrj-536	153	18	annual	annual	ADJ
abrj-536	153	19	investor	investor	NOUN
abrj-536	153	20	q&a	q&a	PROPN
abrj-536	153	21	intervals	interval	NOUN
abrj-536	153	22	.	.	PUNCT
abrj-536	154	1	industry	industry	NOUN
abrj-536	154	2	concentration	concentration	NOUN
abrj-536	154	3	lernerindex	lernerindex	PROPN
abrj-536	154	4	individual	individual	ADJ
abrj-536	154	5	company	company	NOUN
abrj-536	154	6	operating	operate	VERB
abrj-536	154	7	income	income	NOUN
abrj-536	154	8	/	/	SYM
abrj-536	154	9	total	total	NOUN
abrj-536	154	10	industry	industry	NOUN
abrj-536	154	11	operating	operating	NOUN
abrj-536	154	12	income	income	NOUN
abrj-536	154	13	*	*	PUNCT
abrj-536	154	14	individual	individual	ADJ
abrj-536	154	15	lerner	lerner	PROPN
abrj-536	154	16	index	index	PROPN
abrj-536	154	17	cumulative	cumulative	NOUN
abrj-536	154	18	,	,	PUNCT
abrj-536	154	19	obtained	obtain	VERB
abrj-536	154	20	by	by	ADP
abrj-536	154	21	weighting	weight	VERB
abrj-536	154	22	the	the	DET
abrj-536	154	23	individual	individual	ADJ
abrj-536	154	24	lerner	lerner	PROPN
abrj-536	154	25	index	index	PROPN
abrj-536	154	26	using	use	VERB
abrj-536	154	27	the	the	DET
abrj-536	154	28	ratio	ratio	NOUN
abrj-536	154	29	of	of	ADP
abrj-536	154	30	individual	individual	ADJ
abrj-536	154	31	company	company	NOUN
abrj-536	154	32	operating	operate	VERB
abrj-536	154	33	income	income	NOUN
abrj-536	154	34	to	to	ADP
abrj-536	154	35	individual	individual	ADJ
abrj-536	154	36	industry	industry	NOUN
abrj-536	154	37	operating	operating	NOUN
abrj-536	154	38	income	income	NOUN
abrj-536	154	39	.	.	PUNCT
abrj-536	155	1	level	level	NOUN
abrj-536	155	2	of	of	ADP
abrj-536	155	3	digital	digital	ADJ
abrj-536	155	4	transformation	transformation	NOUN
abrj-536	155	5	of	of	ADP
abrj-536	155	6	enterprises	enterprise	NOUN
abrj-536	155	7	ldt	ldt	PROPN
abrj-536	155	8	digital	digital	ADJ
abrj-536	155	9	intelligence	intelligence	NOUN
abrj-536	155	10	patents	patent	NOUN
abrj-536	155	11	and	and	CCONJ
abrj-536	155	12	digital	digital	ADJ
abrj-536	155	13	intelligence	intelligence	NOUN
abrj-536	155	14	readiness	readiness	NOUN
abrj-536	155	15	weighting	weighting	NOUN
abrj-536	155	16	firm	firm	ADJ
abrj-536	155	17	size	size	NOUN
abrj-536	155	18	size	size	NOUN
abrj-536	155	19	ln	ln	X
abrj-536	156	1	(	(	PUNCT
abrj-536	156	2	firm	firm	NOUN
abrj-536	156	3	's	's	PART
abrj-536	156	4	total	total	ADJ
abrj-536	156	5	assets	asset	NOUN
abrj-536	156	6	at	at	ADP
abrj-536	156	7	year	year	NOUN
abrj-536	156	8	-	-	PUNCT
abrj-536	156	9	end	end	NOUN
abrj-536	156	10	)	)	PUNCT
abrj-536	156	11	firm	firm	ADJ
abrj-536	156	12	age	age	NOUN
abrj-536	156	13	age	age	NOUN
abrj-536	156	14	ln	ln	ADV
abrj-536	156	15	(	(	PUNCT
abrj-536	156	16	the	the	DET
abrj-536	156	17	number	number	NOUN
abrj-536	156	18	of	of	ADP
abrj-536	156	19	years	year	NOUN
abrj-536	156	20	since	since	SCONJ
abrj-536	156	21	the	the	DET
abrj-536	156	22	firm	firm	NOUN
abrj-536	156	23	's	's	PART
abrj-536	156	24	incorporation	incorporation	NOUN
abrj-536	156	25	)	)	PUNCT
abrj-536	156	26	revenue	revenue	NOUN
abrj-536	156	27	growth	growth	NOUN
abrj-536	156	28	rate	rate	NOUN
abrj-536	156	29	growth	growth	NOUN
abrj-536	156	30	(	(	PUNCT
abrj-536	156	31	current	current	ADJ
abrj-536	156	32	period	period	NOUN
abrj-536	156	33	amount	amount	NOUN
abrj-536	156	34	of	of	ADP
abrj-536	156	35	operating	operate	VERB
abrj-536	156	36	income	income	NOUN
abrj-536	156	37	for	for	ADP
abrj-536	156	38	the	the	DET
abrj-536	156	39	current	current	ADJ
abrj-536	156	40	year	year	NOUN
abrj-536	156	41	amount	amount	NOUN
abrj-536	156	42	of	of	ADP
abrj-536	156	43	operating	operate	VERB
abrj-536	156	44	income	income	NOUN
abrj-536	156	45	for	for	ADP
abrj-536	156	46	the	the	DET
abrj-536	156	47	same	same	ADJ
abrj-536	156	48	period	period	NOUN
abrj-536	156	49	of	of	ADP
abrj-536	156	50	the	the	DET
abrj-536	156	51	previous	previous	ADJ
abrj-536	156	52	year	year	NOUN
abrj-536	156	53	)	)	PUNCT
abrj-536	156	54	/	/	SYM
abrj-536	156	55	(	(	PUNCT
abrj-536	156	56	amount	amount	NOUN
abrj-536	156	57	of	of	ADP
abrj-536	156	58	operating	operate	VERB
abrj-536	156	59	income	income	NOUN
abrj-536	156	60	for	for	ADP
abrj-536	156	61	the	the	DET
abrj-536	156	62	same	same	ADJ
abrj-536	156	63	period	period	NOUN
abrj-536	156	64	of	of	ADP
abrj-536	156	65	the	the	DET
abrj-536	156	66	previous	previous	ADJ
abrj-536	156	67	year	year	NOUN
abrj-536	156	68	)	)	PUNCT
abrj-536	156	69	state	state	NOUN
abrj-536	156	70	ownership	ownership	NOUN
abrj-536	156	71	of	of	ADP
abrj-536	156	72	enterprise	enterprise	NOUN
abrj-536	156	73	soe	soe	PROPN
abrj-536	156	74	1	1	NUM
abrj-536	156	75	:	:	PUNCT
abrj-536	156	76	state	state	NOUN
abrj-536	156	77	-	-	PUNCT
abrj-536	156	78	owned	own	VERB
abrj-536	156	79	;	;	PUNCT
abrj-536	156	80	0	0	NUM
abrj-536	156	81	:	:	PUNCT
abrj-536	156	82	non	non	ADJ
abrj-536	156	83	-	-	ADJ
abrj-536	156	84	state	state	NOUN
abrj-536	156	85	-	-	PUNCT
abrj-536	156	86	owned	own	VERB
abrj-536	156	87	leverage	leverage	NOUN
abrj-536	156	88	leverage	leverage	NOUN
abrj-536	156	89	total	total	ADJ
abrj-536	156	90	liabilities	liability	NOUN
abrj-536	156	91	at	at	ADP
abrj-536	156	92	year	year	NOUN
abrj-536	156	93	-	-	PUNCT
abrj-536	156	94	end	end	NOUN
abrj-536	156	95	/	/	SYM
abrj-536	156	96	total	total	ADJ
abrj-536	156	97	assets	asset	NOUN
abrj-536	156	98	at	at	ADP
abrj-536	156	99	year	year	NOUN
abrj-536	156	100	-	-	PUNCT
abrj-536	156	101	end	end	NOUN
abrj-536	156	102	return	return	NOUN
abrj-536	156	103	on	on	ADP
abrj-536	156	104	assets	asset	NOUN
abrj-536	156	105	roa	roa	PROPN
abrj-536	156	106	net	net	ADJ
abrj-536	156	107	profit	profit	NOUN
abrj-536	156	108	at	at	ADP
abrj-536	156	109	the	the	DET
abrj-536	156	110	end	end	NOUN
abrj-536	156	111	of	of	ADP
abrj-536	156	112	the	the	DET
abrj-536	156	113	year	year	NOUN
abrj-536	156	114	/	/	SYM
abrj-536	156	115	total	total	ADJ
abrj-536	156	116	assets	asset	NOUN
abrj-536	156	117	at	at	ADP
abrj-536	156	118	the	the	DET
abrj-536	156	119	end	end	NOUN
abrj-536	156	120	of	of	ADP
abrj-536	156	121	the	the	DET
abrj-536	156	122	year	year	NOUN
abrj-536	156	123	total	total	NOUN
abrj-536	156	124	asset	asset	NOUN
abrj-536	156	125	turn	turn	VERB
abrj-536	156	126	over	over	ADP
abrj-536	156	127	tato	tato	PROPN
abrj-536	156	128	year	year	NOUN
abrj-536	156	129	-	-	PUNCT
abrj-536	156	130	end	end	NOUN
abrj-536	156	131	sales	sale	NOUN
abrj-536	156	132	revenue	revenue	NOUN
abrj-536	156	133	/	/	SYM
abrj-536	156	134	year	year	NOUN
abrj-536	156	135	-	-	PUNCT
abrj-536	156	136	end	end	NOUN
abrj-536	156	137	total	total	ADJ
abrj-536	156	138	assets	asset	NOUN
abrj-536	156	139	book	book	NOUN
abrj-536	156	140	-	-	PUNCT
abrj-536	156	141	to	to	ADP
abrj-536	156	142	-	-	PUNCT
abrj-536	156	143	market	market	NOUN
abrj-536	156	144	ratio	ratio	NOUN
abrj-536	156	145	mtb	mtb	NOUN
abrj-536	156	146	shareholders	shareholder	NOUN
abrj-536	156	147	'	'	PART
abrj-536	156	148	equity	equity	NOUN
abrj-536	156	149	/	/	SYM
abrj-536	156	150	market	market	NOUN
abrj-536	156	151	capitalization	capitalization	NOUN
abrj-536	156	152	tobin	tobin	NOUN
abrj-536	156	153	's	's	PART
abrj-536	156	154	q	q	PROPN
abrj-536	156	155	tobin	tobin	NOUN
abrj-536	156	156	's	's	PART
abrj-536	156	157	q	q	PROPN
abrj-536	156	158	market	market	NOUN
abrj-536	156	159	capitalization	capitalization	NOUN
abrj-536	156	160	a/	a/	VERB
abrj-536	156	161	total	total	ADJ
abrj-536	156	162	assets	asset	NOUN
abrj-536	156	163	share	share	NOUN
abrj-536	156	164	of	of	ADP
abrj-536	156	165	tangible	tangible	ADJ
abrj-536	156	166	assets	asset	NOUN
abrj-536	156	167	tangibility	tangibility	NOUN
abrj-536	156	168	(	(	PUNCT
abrj-536	156	169	total	total	ADJ
abrj-536	156	170	assets	asset	NOUN
abrj-536	156	171	net	net	ADJ
abrj-536	156	172	intangible	intangible	ADJ
abrj-536	156	173	assets	asset	NOUN
abrj-536	156	174	net	net	ADJ
abrj-536	156	175	goodwill	goodwill	NOUN
abrj-536	156	176	)	)	PUNCT
abrj-536	156	177	/	/	SYM
abrj-536	156	178	total	total	ADJ
abrj-536	156	179	assets	asset	NOUN
abrj-536	156	180	3.3	3.3	NUM
abrj-536	156	181	.	.	PUNCT
abrj-536	157	1	regression	regression	NOUN
abrj-536	157	2	specification	specification	NOUN
abrj-536	157	3	we	we	PRON
abrj-536	157	4	used	use	VERB
abrj-536	157	5	spspro	spspro	ADJ
abrj-536	157	6	statistical	statistical	ADJ
abrj-536	157	7	analysis	analysis	NOUN
abrj-536	157	8	software	software	NOUN
abrj-536	157	9	to	to	PART
abrj-536	157	10	analyze	analyze	VERB
abrj-536	157	11	the	the	DET
abrj-536	157	12	model	model	NOUN
abrj-536	157	13	selection	selection	NOUN
abrj-536	157	14	for	for	ADP
abrj-536	157	15	the	the	DET
abrj-536	157	16	hypotheses	hypothesis	NOUN
abrj-536	157	17	we	we	PRON
abrj-536	157	18	wanted	want	VERB
abrj-536	157	19	to	to	PART
abrj-536	157	20	test	test	VERB
abrj-536	157	21	,	,	PUNCT
abrj-536	157	22	and	and	CCONJ
abrj-536	157	23	the	the	DET
abrj-536	157	24	table	table	NOUN
abrj-536	157	25	5	5	NUM
abrj-536	157	26	are	be	AUX
abrj-536	157	27	illustrated	illustrate	VERB
abrj-536	157	28	as	as	SCONJ
abrj-536	157	29	follows	follow	VERB
abrj-536	157	30	:	:	PUNCT
abrj-536	157	31	based	base	VERB
abrj-536	157	32	on	on	ADP
abrj-536	157	33	the	the	DET
abrj-536	157	34	results	result	NOUN
abrj-536	157	35	of	of	ADP
abrj-536	157	36	the	the	DET
abrj-536	157	37	model	model	NOUN
abrj-536	157	38	selection	selection	NOUN
abrj-536	157	39	in	in	ADP
abrj-536	157	40	the	the	DET
abrj-536	157	41	table	table	NOUN
abrj-536	157	42	above	above	ADV
abrj-536	157	43	,	,	PUNCT
abrj-536	157	44	the	the	DET
abrj-536	157	45	three	three	NUM
abrj-536	157	46	tests	test	NOUN
abrj-536	157	47	were	be	AUX
abrj-536	157	48	combined	combine	VERB
abrj-536	157	49	to	to	PART
abrj-536	157	50	select	select	VERB
abrj-536	157	51	the	the	DET
abrj-536	157	52	most	most	ADV
abrj-536	157	53	appropriate	appropriate	ADJ
abrj-536	157	54	model	model	NOUN
abrj-536	157	55	.	.	PUNCT
abrj-536	158	1	table	table	NOUN
abrj-536	158	2	5	5	NUM
abrj-536	158	3	.	.	PUNCT
abrj-536	158	4	measurement	measurement	NOUN
abrj-536	158	5	model	model	NOUN
abrj-536	158	6	selection	selection	NOUN
abrj-536	158	7	.	.	PUNCT
abrj-536	159	1	type	type	NOUN
abrj-536	159	2	of	of	ADP
abrj-536	159	3	test	test	NOUN
abrj-536	159	4	statistic	statistic	NOUN
abrj-536	159	5	p	p	NOUN
abrj-536	159	6	conclusion	conclusion	NOUN
abrj-536	159	7	f	f	X
abrj-536	159	8	-	-	PUNCT
abrj-536	159	9	test	test	NOUN
abrj-536	159	10	23.825	23.825	NUM
abrj-536	159	11	0.000	0.000	NUM
abrj-536	159	12	*	*	PUNCT
abrj-536	159	13	*	*	PUNCT
abrj-536	159	14	*	*	PUNCT
abrj-536	159	15	fe	fe	PROPN
abrj-536	159	16	model	model	NOUN
abrj-536	159	17	breusch	breusch	PROPN
abrj-536	159	18	-	-	PUNCT
abrj-536	159	19	pagan	pagan	ADJ
abrj-536	159	20	test	test	NOUN
abrj-536	159	21	173453.271	173453.271	NUM
abrj-536	159	22	0.000	0.000	NUM
abrj-536	159	23	*	*	PUNCT
abrj-536	159	24	*	*	PUNCT
abrj-536	159	25	*	*	PUNCT
abrj-536	159	26	re	re	PROPN
abrj-536	159	27	model	model	PROPN
abrj-536	159	28	hausman	hausman	PROPN
abrj-536	159	29	test	test	VERB
abrj-536	159	30	957.336	957.336	NUM
abrj-536	160	1	0.000	0.000	NUM
abrj-536	160	2	*	*	PUNCT
abrj-536	160	3	*	*	PUNCT
abrj-536	160	4	*	*	PUNCT
abrj-536	160	5	fe	fe	PROPN
abrj-536	160	6	model	model	NOUN
abrj-536	160	7	note	note	NOUN
abrj-536	160	8	:	:	PUNCT
abrj-536	160	9	*	*	PUNCT
abrj-536	160	10	*	*	PUNCT
abrj-536	160	11	*	*	PUNCT
abrj-536	160	12	、	、	NOUN
abrj-536	160	13	*	*	NOUN
abrj-536	160	14	*	*	NOUN
abrj-536	160	15	、	、	NOUN
abrj-536	160	16	*	*	ADJ
abrj-536	160	17	represent	represent	VERB
abrj-536	160	18	1	1	NUM
abrj-536	160	19	%	%	NOUN
abrj-536	160	20	,	,	PUNCT
abrj-536	160	21	5	5	NUM
abrj-536	160	22	%	%	NOUN
abrj-536	160	23	,	,	PUNCT
abrj-536	160	24	and	and	CCONJ
abrj-536	160	25	10	10	NUM
abrj-536	160	26	%	%	NOUN
abrj-536	160	27	significance	significance	NOUN
abrj-536	160	28	levels	level	NOUN
abrj-536	160	29	respectively	respectively	ADV
abrj-536	160	30	.	.	PUNCT
abrj-536	161	1	the	the	DET
abrj-536	161	2	sample	sample	NOUN
abrj-536	161	3	of	of	ADP
abrj-536	161	4	this	this	DET
abrj-536	161	5	paper	paper	NOUN
abrj-536	161	6	is	be	AUX
abrj-536	161	7	selected	select	VERB
abrj-536	161	8	as	as	ADP
abrj-536	161	9	the	the	DET
abrj-536	161	10	data	datum	NOUN
abrj-536	161	11	of	of	ADP
abrj-536	161	12	manufacturing	manufacturing	NOUN
abrj-536	161	13	industry	industry	NOUN
abrj-536	161	14	of	of	ADP
abrj-536	161	15	a	a	DET
abrj-536	161	16	-	-	PUNCT
abrj-536	161	17	share	share	NOUN
abrj-536	161	18	listed	list	VERB
abrj-536	161	19	companies	company	NOUN
abrj-536	161	20	from	from	ADP
abrj-536	161	21	2010	2010	NUM
abrj-536	161	22	to	to	ADP
abrj-536	161	23	2021	2021	NUM
abrj-536	161	24	,	,	PUNCT
abrj-536	161	25	which	which	PRON
abrj-536	161	26	is	be	AUX
abrj-536	161	27	a	a	DET
abrj-536	161	28	panel	panel	NOUN
abrj-536	161	29	data	data	NOUN
abrj-536	161	30	type	type	NOUN
abrj-536	161	31	.	.	PUNCT
abrj-536	162	1	therefore	therefore	ADV
abrj-536	162	2	,	,	PUNCT
abrj-536	162	3	for	for	ADP
abrj-536	162	4	the	the	DET
abrj-536	162	5	empirical	empirical	ADJ
abrj-536	162	6	model	model	NOUN
abrj-536	162	7	of	of	ADP
abrj-536	162	8	this	this	DET
abrj-536	162	9	paper	paper	NOUN
abrj-536	162	10	,	,	PUNCT
abrj-536	162	11	we	we	PRON
abrj-536	162	12	choose	choose	VERB
abrj-536	162	13	the	the	DET
abrj-536	162	14	time	time	NOUN
abrj-536	162	15	individual	individual	ADJ
abrj-536	162	16	fixed	fix	VERB
abrj-536	162	17	effect	effect	NOUN
abrj-536	162	18	model	model	NOUN
abrj-536	162	19	,	,	PUNCT
abrj-536	162	20	which	which	PRON
abrj-536	162	21	can	can	AUX
abrj-536	162	22	effectively	effectively	ADV
abrj-536	162	23	remove	remove	VERB
abrj-536	162	24	the	the	DET
abrj-536	162	25	influence	influence	NOUN
abrj-536	162	26	of	of	ADP
abrj-536	162	27	year	year	NOUN
abrj-536	162	28	and	and	CCONJ
abrj-536	162	29	enterprise	enterprise	NOUN
abrj-536	162	30	.	.	PUNCT
abrj-536	163	1	meanwhile	meanwhile	ADV
abrj-536	163	2	,	,	PUNCT
abrj-536	163	3	because	because	SCONJ
abrj-536	163	4	the	the	DET
abrj-536	163	5	research	research	NOUN
abrj-536	163	6	contains	contain	VERB
abrj-536	163	7	two	two	NUM
abrj-536	163	8	moderating	moderate	VERB
abrj-536	163	9	variables	variable	NOUN
abrj-536	163	10	,	,	PUNCT
abrj-536	163	11	in	in	ADP
abrj-536	163	12	order	order	NOUN
abrj-536	163	13	to	to	PART
abrj-536	163	14	prevent	prevent	VERB
abrj-536	163	15	the	the	DET
abrj-536	163	16	existence	existence	NOUN
abrj-536	163	17	of	of	ADP
abrj-536	163	18	multicollinearity	multicollinearity	NOUN
abrj-536	163	19	between	between	ADP
abrj-536	163	20	the	the	DET
abrj-536	163	21	independent	independent	ADJ
abrj-536	163	22	variables	variable	NOUN
abrj-536	163	23	and	and	CCONJ
abrj-536	163	24	the	the	DET
abrj-536	163	25	moderating	moderate	VERB
abrj-536	163	26	variables	variable	NOUN
abrj-536	163	27	as	as	ADV
abrj-536	163	28	well	well	ADV
abrj-536	163	29	as	as	ADP
abrj-536	163	30	the	the	DET
abrj-536	163	31	interaction	interaction	NOUN
abrj-536	163	32	terms	term	NOUN
abrj-536	163	33	,	,	PUNCT
abrj-536	163	34	the	the	DET
abrj-536	163	35	independent	independent	ADJ
abrj-536	163	36	variables	variable	NOUN
abrj-536	163	37	and	and	CCONJ
abrj-536	163	38	the	the	DET
abrj-536	163	39	two	two	NUM
abrj-536	163	40	moderating	moderate	VERB
abrj-536	163	41	variables	variable	NOUN
abrj-536	163	42	are	be	AUX
abrj-536	163	43	centered	center	VERB
abrj-536	163	44	,	,	PUNCT
abrj-536	163	45	and	and	CCONJ
abrj-536	163	46	the	the	DET
abrj-536	163	47	interaction	interaction	NOUN
abrj-536	163	48	terms	term	NOUN
abrj-536	163	49	are	be	AUX
abrj-536	163	50	constructed	construct	VERB
abrj-536	163	51	afterwards	afterwards	ADV
abrj-536	163	52	.	.	PUNCT
abrj-536	164	1	firstly	firstly	ADV
abrj-536	164	2	,	,	PUNCT
abrj-536	164	3	in	in	ADP
abrj-536	164	4	order	order	NOUN
abrj-536	164	5	to	to	PART
abrj-536	164	6	test	test	VERB
abrj-536	164	7	the	the	DET
abrj-536	164	8	relationship	relationship	NOUN
abrj-536	164	9	between	between	ADP
abrj-536	164	10	the	the	DET
abrj-536	164	11	core	core	NOUN
abrj-536	164	12	explanatory	explanatory	ADJ
abrj-536	164	13	variables	variable	NOUN
abrj-536	164	14	of	of	ADP
abrj-536	164	15	this	this	DET
abrj-536	164	16	paper	paper	NOUN
abrj-536	164	17	,	,	PUNCT
abrj-536	164	18	customer	customer	NOUN
abrj-536	164	19	demand	demand	NOUN
abrj-536	164	20	orientation	orientation	NOUN
abrj-536	164	21	and	and	CCONJ
abrj-536	164	22	the	the	DET
abrj-536	164	23	level	level	NOUN
abrj-536	164	24	of	of	ADP
abrj-536	164	25	digital	digital	ADJ
abrj-536	164	26	transformation	transformation	NOUN
abrj-536	164	27	,	,	PUNCT
abrj-536	164	28	the	the	DET
abrj-536	164	29	following	follow	VERB
abrj-536	164	30	econometric	econometric	ADJ
abrj-536	164	31	regression	regression	NOUN
abrj-536	164	32	model	model	NOUN
abrj-536	164	33	1	1	NUM
abrj-536	164	34	is	be	AUX
abrj-536	164	35	constructed	construct	VERB
abrj-536	164	36	.	.	PUNCT
abrj-536	165	1	ldti	ldti	ADJ
abrj-536	165	2	,	,	PUNCT
abrj-536	165	3	t	t	NOUN
abrj-536	166	1	=	=	SYM
abrj-536	166	2	α0	α0	ADJ
abrj-536	166	3	+	+	CCONJ
abrj-536	166	4	β1cdoi	β1cdoi	NOUN
abrj-536	166	5	,	,	PUNCT
abrj-536	166	6	t	t	PROPN
abrj-536	166	7	+	+	CCONJ
abrj-536	166	8	β2agei	β2agei	PROPN
abrj-536	166	9	,	,	PUNCT
abrj-536	166	10	t	t	NOUN
abrj-536	166	11	+	+	CCONJ
abrj-536	166	12	β3sizei	β3sizei	NUM
abrj-536	166	13	,	,	PUNCT
abrj-536	166	14	t	t	NOUN
abrj-536	166	15	+	+	CCONJ
abrj-536	166	16	β4soei	β4soei	PROPN
abrj-536	166	17	,	,	PUNCT
abrj-536	166	18	t	t	PROPN
abrj-536	167	1	+	+	CCONJ
abrj-536	167	2	β5growthi	β5growthi	NOUN
abrj-536	167	3	,	,	PUNCT
abrj-536	167	4	t	t	PROPN
abrj-536	167	5	+	+	CCONJ
abrj-536	167	6	β6leveragei	β6leveragei	ADJ
abrj-536	167	7	,	,	PUNCT
abrj-536	167	8	t	t	NOUN
abrj-536	167	9	+	+	CCONJ
abrj-536	167	10	β7roei	β7roei	VERB
abrj-536	167	11	,	,	PUNCT
abrj-536	167	12	t	t	PROPN
abrj-536	167	13	+	+	CCONJ
abrj-536	167	14	β8tatoi	β8tatoi	NOUN
abrj-536	167	15	,	,	PUNCT
abrj-536	167	16	t	t	PROPN
abrj-536	167	17	+	+	CCONJ
abrj-536	167	18	β9mtbi	β9mtbi	PROPN
abrj-536	167	19	,	,	PUNCT
abrj-536	167	20	t	t	PROPN
abrj-536	167	21	+	+	CCONJ
abrj-536	167	22	β10tobin′s	β10tobin′	VERB
abrj-536	167	23	qi	qi	PROPN
abrj-536	167	24	,	,	PUNCT
abrj-536	167	25	t	t	PROPN
abrj-536	167	26	+	+	PROPN
abrj-536	167	27	β11tangibilityi	β11tangibilityi	PROPN
abrj-536	167	28	,	,	PUNCT
abrj-536	167	29	t	t	PROPN
abrj-536	167	30	+	+	CCONJ
abrj-536	167	31	μi	μi	PRON
abrj-536	168	1	+	+	CCONJ
abrj-536	168	2	τt	τt	PROPN
abrj-536	169	1	+	+	CCONJ
abrj-536	169	2	εi	εi	ADJ
abrj-536	169	3	,	,	PUNCT
abrj-536	169	4	t	t	PROPN
abrj-536	169	5	(	(	PUNCT
abrj-536	169	6	model	model	NOUN
abrj-536	169	7	1	1	NUM
abrj-536	169	8	)	)	PUNCT
abrj-536	169	9	where	where	SCONJ
abrj-536	169	10	α0	α0	ADJ
abrj-536	169	11	denotes	denote	VERB
abrj-536	169	12	the	the	DET
abrj-536	169	13	constant	constant	ADJ
abrj-536	169	14	term	term	NOUN
abrj-536	169	15	;	;	PUNCT
abrj-536	169	16	βi	βi	PRON
abrj-536	169	17	denotes	denote	VERB
abrj-536	169	18	the	the	DET
abrj-536	169	19	coefficients	coefficient	NOUN
abrj-536	169	20	to	to	PART
abrj-536	169	21	be	be	AUX
abrj-536	169	22	estimated	estimate	VERB
abrj-536	169	23	for	for	ADP
abrj-536	169	24	the	the	DET
abrj-536	169	25	explanatory	explanatory	ADJ
abrj-536	169	26	variables	variable	NOUN
abrj-536	169	27	;	;	PUNCT
abrj-536	169	28	i	i	PRON
abrj-536	169	29	and	and	CCONJ
abrj-536	169	30	t	t	PROPN
abrj-536	169	31	denote	denote	VERB
abrj-536	169	32	enterprise	enterprise	NOUN
abrj-536	169	33	i	i	PRON
abrj-536	169	34	and	and	CCONJ
abrj-536	169	35	year	year	PROPN
abrj-536	169	36	t	t	PROPN
abrj-536	169	37	,	,	PUNCT
abrj-536	169	38	respectively	respectively	ADV
abrj-536	169	39	;	;	PUNCT
abrj-536	169	40	εi	εi	VERB
abrj-536	169	41	,	,	PUNCT
abrj-536	169	42	t	t	PROPN
abrj-536	169	43	denotes	denote	VERB
abrj-536	169	44	the	the	DET
abrj-536	169	45	residual	residual	ADJ
abrj-536	169	46	term	term	NOUN
abrj-536	169	47	;	;	PUNCT
abrj-536	169	48	τt	τt	PRON
abrj-536	169	49	denotes	denote	VERB
abrj-536	169	50	the	the	DET
abrj-536	169	51	time	time	NOUN
abrj-536	169	52	fixed	fix	VERB
abrj-536	169	53	effect	effect	NOUN
abrj-536	169	54	,	,	PUNCT
abrj-536	169	55	and	and	CCONJ
abrj-536	169	56	μi	μi	PROPN
abrj-536	169	57	is	be	AUX
abrj-536	169	58	the	the	DET
abrj-536	169	59	individual	individual	ADJ
abrj-536	169	60	fixed	fix	VERB
abrj-536	169	61	effect	effect	NOUN
abrj-536	169	62	.	.	PUNCT
abrj-536	170	1	asian	asian	ADJ
abrj-536	170	2	business	business	PROPN
abrj-536	170	3	research	research	NOUN
abrj-536	170	4	journal	journal	NOUN
abrj-536	170	5	,	,	PUNCT
abrj-536	170	6	2025	2025	NUM
abrj-536	170	7	,	,	PUNCT
abrj-536	170	8	10(8	10(8	NUM
abrj-536	170	9	):	):	PUNCT
abrj-536	170	10	49	49	NUM
abrj-536	170	11	-	-	SYM
abrj-536	170	12	58	58	NUM
abrj-536	170	13	55	55	NUM
abrj-536	170	14	©	©	PROPN
abrj-536	170	15	2025	2025	NUM
abrj-536	170	16	by	by	ADP
abrj-536	170	17	the	the	DET
abrj-536	170	18	authors	author	NOUN
abrj-536	170	19	;	;	PUNCT
abrj-536	170	20	licensee	licensee	NOUN
abrj-536	170	21	eastern	eastern	ADJ
abrj-536	170	22	centre	centre	NOUN
abrj-536	170	23	of	of	ADP
abrj-536	170	24	science	science	NOUN
abrj-536	170	25	and	and	CCONJ
abrj-536	170	26	education	education	NOUN
abrj-536	170	27	,	,	PUNCT
abrj-536	170	28	usa	usa	PROPN
abrj-536	170	29	in	in	ADP
abrj-536	170	30	order	order	NOUN
abrj-536	170	31	to	to	PART
abrj-536	170	32	verify	verify	VERB
abrj-536	170	33	the	the	DET
abrj-536	170	34	possible	possible	ADJ
abrj-536	170	35	moderating	moderate	VERB
abrj-536	170	36	effect	effect	NOUN
abrj-536	170	37	of	of	ADP
abrj-536	170	38	industry	industry	NOUN
abrj-536	170	39	concentration	concentration	NOUN
abrj-536	170	40	and	and	CCONJ
abrj-536	170	41	response	response	NOUN
abrj-536	170	42	speed	speed	NOUN
abrj-536	170	43	,	,	PUNCT
abrj-536	170	44	we	we	PRON
abrj-536	170	45	introduce	introduce	VERB
abrj-536	170	46	the	the	DET
abrj-536	170	47	two	two	NUM
abrj-536	170	48	variables	variable	NOUN
abrj-536	170	49	of	of	ADP
abrj-536	170	50	industry	industry	NOUN
abrj-536	170	51	concentration	concentration	NOUN
abrj-536	170	52	(	(	PUNCT
abrj-536	170	53	industry	industry	NOUN
abrj-536	170	54	lerner	lerner	PROPN
abrj-536	170	55	index	index	PROPN
abrj-536	170	56	)	)	PUNCT
abrj-536	170	57	and	and	CCONJ
abrj-536	170	58	investor	investor	NOUN
abrj-536	170	59	interaction	interaction	NOUN
abrj-536	170	60	response	response	NOUN
abrj-536	170	61	speed	speed	NOUN
abrj-536	170	62	as	as	ADP
abrj-536	170	63	the	the	DET
abrj-536	170	64	moderating	moderating	NOUN
abrj-536	170	65	variables	variable	NOUN
abrj-536	170	66	to	to	PART
abrj-536	170	67	construct	construct	VERB
abrj-536	170	68	model	model	NOUN
abrj-536	170	69	2	2	NUM
abrj-536	170	70	and	and	CCONJ
abrj-536	170	71	model	model	NOUN
abrj-536	170	72	3	3	NUM
abrj-536	170	73	on	on	ADP
abrj-536	170	74	the	the	DET
abrj-536	170	75	basis	basis	NOUN
abrj-536	170	76	of	of	ADP
abrj-536	170	77	the	the	DET
abrj-536	170	78	existing	exist	VERB
abrj-536	170	79	model	model	NOUN
abrj-536	170	80	1	1	NUM
abrj-536	170	81	,	,	PUNCT
abrj-536	170	82	and	and	CCONJ
abrj-536	170	83	conduct	conduct	VERB
abrj-536	170	84	a	a	DET
abrj-536	170	85	regression	regression	NOUN
abrj-536	170	86	test	test	NOUN
abrj-536	170	87	by	by	ADP
abrj-536	170	88	adding	add	VERB
abrj-536	170	89	the	the	DET
abrj-536	170	90	moderating	moderate	VERB
abrj-536	170	91	variables	variable	NOUN
abrj-536	170	92	and	and	CCONJ
abrj-536	170	93	interaction	interaction	NOUN
abrj-536	170	94	terms	term	NOUN
abrj-536	170	95	between	between	ADP
abrj-536	170	96	the	the	DET
abrj-536	170	97	moderating	moderate	VERB
abrj-536	170	98	variables	variable	NOUN
abrj-536	170	99	and	and	CCONJ
abrj-536	170	100	the	the	DET
abrj-536	170	101	customer	customer	NOUN
abrj-536	170	102	demand	demand	NOUN
abrj-536	170	103	orientation	orientation	NOUN
abrj-536	170	104	on	on	ADP
abrj-536	170	105	the	the	DET
abrj-536	170	106	basis	basis	NOUN
abrj-536	170	107	of	of	ADP
abrj-536	170	108	model	model	NOUN
abrj-536	170	109	1	1	NUM
abrj-536	170	110	.	.	PUNCT
abrj-536	171	1	the	the	DET
abrj-536	171	2	regression	regression	NOUN
abrj-536	171	3	test	test	NOUN
abrj-536	171	4	is	be	AUX
abrj-536	171	5	conducted	conduct	VERB
abrj-536	171	6	by	by	ADP
abrj-536	171	7	adding	add	VERB
abrj-536	171	8	the	the	DET
abrj-536	171	9	moderating	moderate	VERB
abrj-536	171	10	variable	variable	NOUN
abrj-536	171	11	and	and	CCONJ
abrj-536	171	12	the	the	DET
abrj-536	171	13	interaction	interaction	NOUN
abrj-536	171	14	term	term	NOUN
abrj-536	171	15	between	between	ADP
abrj-536	171	16	the	the	DET
abrj-536	171	17	moderating	moderate	VERB
abrj-536	171	18	variable	variable	NOUN
abrj-536	171	19	and	and	CCONJ
abrj-536	171	20	customer	customer	NOUN
abrj-536	171	21	demand	demand	NOUN
abrj-536	171	22	orientation	orientation	NOUN
abrj-536	171	23	to	to	PART
abrj-536	171	24	model	model	VERB
abrj-536	171	25	1	1	NUM
abrj-536	171	26	,	,	PUNCT
abrj-536	171	27	respectively	respectively	ADV
abrj-536	171	28	,	,	PUNCT
abrj-536	171	29	and	and	CCONJ
abrj-536	171	30	the	the	DET
abrj-536	171	31	significance	significance	NOUN
abrj-536	171	32	of	of	ADP
abrj-536	171	33	the	the	DET
abrj-536	171	34	correlation	correlation	NOUN
abrj-536	171	35	coefficients	coefficient	NOUN
abrj-536	171	36	is	be	AUX
abrj-536	171	37	used	use	VERB
abrj-536	171	38	to	to	PART
abrj-536	171	39	verify	verify	VERB
abrj-536	171	40	the	the	DET
abrj-536	171	41	moderating	moderate	VERB
abrj-536	171	42	role	role	NOUN
abrj-536	171	43	of	of	ADP
abrj-536	171	44	the	the	DET
abrj-536	171	45	moderating	moderate	VERB
abrj-536	171	46	variable	variable	NOUN
abrj-536	171	47	in	in	ADP
abrj-536	171	48	the	the	DET
abrj-536	171	49	relationship	relationship	NOUN
abrj-536	171	50	between	between	ADP
abrj-536	171	51	the	the	DET
abrj-536	171	52	customer	customer	NOUN
abrj-536	171	53	demand	demand	NOUN
abrj-536	171	54	orientation	orientation	NOUN
abrj-536	171	55	and	and	CCONJ
abrj-536	171	56	the	the	DET
abrj-536	171	57	level	level	NOUN
abrj-536	171	58	of	of	ADP
abrj-536	171	59	digital	digital	ADJ
abrj-536	171	60	transformation	transformation	NOUN
abrj-536	171	61	.	.	PUNCT
abrj-536	172	1	model	model	NOUN
abrj-536	172	2	2	2	NUM
abrj-536	172	3	and	and	CCONJ
abrj-536	172	4	model	model	NOUN
abrj-536	172	5	3	3	NUM
abrj-536	172	6	are	be	AUX
abrj-536	172	7	shown	show	VERB
abrj-536	172	8	below	below	ADP
abrj-536	172	9	:	:	PUNCT
abrj-536	172	10	ldti	ldti	ADJ
abrj-536	172	11	,	,	PUNCT
abrj-536	173	1	t	t	NOUN
abrj-536	173	2	=	=	SYM
abrj-536	173	3	α0	α0	ADJ
abrj-536	173	4	+	+	CCONJ
abrj-536	173	5	γ1cdoi	γ1cdoi	PROPN
abrj-536	173	6	,	,	PUNCT
abrj-536	173	7	t	t	NOUN
abrj-536	173	8	+	+	CCONJ
abrj-536	173	9	γ2lernerindexi	γ2lernerindexi	PROPN
abrj-536	173	10	,	,	PUNCT
abrj-536	173	11	t	t	PROPN
abrj-536	173	12	+	+	CCONJ
abrj-536	173	13	γ3cdoi	γ3cdoi	PROPN
abrj-536	173	14	,	,	PUNCT
abrj-536	173	15	t	t	PROPN
abrj-536	173	16	×	×	PROPN
abrj-536	173	17	lernerindexi	lernerindexi	NOUN
abrj-536	173	18	,	,	PUNCT
abrj-536	173	19	t	t	PROPN
abrj-536	173	20	+	+	CCONJ
abrj-536	173	21	γ4agei	γ4agei	ADJ
abrj-536	173	22	,	,	PUNCT
abrj-536	173	23	t	t	NOUN
abrj-536	173	24	+	+	CCONJ
abrj-536	173	25	γ5sizei	γ5sizei	ADJ
abrj-536	173	26	,	,	PUNCT
abrj-536	173	27	t	t	PROPN
abrj-536	173	28	+	+	CCONJ
abrj-536	173	29	γ6soei	γ6soei	PROPN
abrj-536	173	30	,	,	PUNCT
abrj-536	173	31	t	t	PROPN
abrj-536	173	32	+	+	CCONJ
abrj-536	173	33	γ7growthi	γ7growthi	NOUN
abrj-536	173	34	,	,	PUNCT
abrj-536	173	35	t	t	NOUN
abrj-536	173	36	+	+	CCONJ
abrj-536	173	37	γ8leveragei	γ8leveragei	ADJ
abrj-536	173	38	,	,	PUNCT
abrj-536	173	39	t	t	PROPN
abrj-536	173	40	+	+	CCONJ
abrj-536	173	41	γ9roei	γ9roei	PROPN
abrj-536	173	42	,	,	PUNCT
abrj-536	173	43	t	t	PROPN
abrj-536	173	44	+	+	NUM
abrj-536	173	45	γ10tatoi	γ10tatoi	PROPN
abrj-536	173	46	,	,	PUNCT
abrj-536	173	47	t	t	PROPN
abrj-536	173	48	+	+	NUM
abrj-536	173	49	γ11mtbi	γ11mtbi	PROPN
abrj-536	173	50	,	,	PUNCT
abrj-536	173	51	t	t	PROPN
abrj-536	173	52	+	+	CCONJ
abrj-536	173	53	γ12tobin′s	γ12tobin′s	X
abrj-536	173	54	qi	qi	PROPN
abrj-536	173	55	,	,	PUNCT
abrj-536	173	56	t	t	PROPN
abrj-536	173	57	+	+	CCONJ
abrj-536	173	58	γ13tangibilityi	γ13tangibilityi	PROPN
abrj-536	173	59	,	,	PUNCT
abrj-536	173	60	t	t	PROPN
abrj-536	173	61	+	+	CCONJ
abrj-536	173	62	μi	μi	PRON
abrj-536	174	1	+	+	CCONJ
abrj-536	174	2	τt	τt	PROPN
abrj-536	175	1	+	+	CCONJ
abrj-536	175	2	εi	εi	ADJ
abrj-536	175	3	,	,	PUNCT
abrj-536	175	4	t	t	PROPN
abrj-536	175	5	(	(	PUNCT
abrj-536	175	6	model	model	NOUN
abrj-536	175	7	2	2	NUM
abrj-536	175	8	)	)	PUNCT
abrj-536	175	9	ldti	ldti	ADJ
abrj-536	175	10	,	,	PUNCT
abrj-536	175	11	t	t	NOUN
abrj-536	175	12	=	=	SYM
abrj-536	175	13	α0	α0	PROPN
abrj-536	175	14	+	+	CCONJ
abrj-536	175	15	η1cdoi	η1cdoi	PROPN
abrj-536	175	16	,	,	PUNCT
abrj-536	175	17	t	t	PROPN
abrj-536	175	18	+	+	PROPN
abrj-536	175	19	η2reply_speedi	η2reply_speedi	PROPN
abrj-536	175	20	,	,	PUNCT
abrj-536	175	21	t	t	PROPN
abrj-536	175	22	+	+	CCONJ
abrj-536	175	23	η3cdoi	η3cdoi	PROPN
abrj-536	175	24	,	,	PUNCT
abrj-536	175	25	t	t	PROPN
abrj-536	175	26	×	×	PROPN
abrj-536	175	27	reply_speedi	reply_speedi	PROPN
abrj-536	175	28	,	,	PUNCT
abrj-536	175	29	t	t	PROPN
abrj-536	176	1	+	+	CCONJ
abrj-536	176	2	η4agei	η4agei	NUM
abrj-536	176	3	,	,	PUNCT
abrj-536	176	4	t	t	PROPN
abrj-536	177	1	+	+	CCONJ
abrj-536	177	2	η5sizei	η5sizei	NOUN
abrj-536	177	3	,	,	PUNCT
abrj-536	177	4	t	t	PROPN
abrj-536	177	5	+	+	CCONJ
abrj-536	177	6	η6soei	η6soei	PROPN
abrj-536	177	7	,	,	PUNCT
abrj-536	177	8	t	t	PROPN
abrj-536	178	1	+	+	CCONJ
abrj-536	178	2	η7growthi	η7growthi	ADV
abrj-536	178	3	,	,	PUNCT
abrj-536	178	4	t	t	PROPN
abrj-536	178	5	+	+	CCONJ
abrj-536	178	6	η8leveragei	η8leveragei	ADJ
abrj-536	178	7	,	,	PUNCT
abrj-536	178	8	t	t	PROPN
abrj-536	178	9	+	+	CCONJ
abrj-536	178	10	η9roei	η9roei	ADV
abrj-536	178	11	,	,	PUNCT
abrj-536	178	12	t	t	NOUN
abrj-536	178	13	+	+	CCONJ
abrj-536	178	14	η10tatoi	η10tatoi	NOUN
abrj-536	178	15	,	,	PUNCT
abrj-536	178	16	t	t	PROPN
abrj-536	178	17	+	+	NUM
abrj-536	178	18	η11mtbi	η11mtbi	PROPN
abrj-536	178	19	,	,	PUNCT
abrj-536	178	20	t	t	PROPN
abrj-536	178	21	+	+	CCONJ
abrj-536	178	22	η12tobin′s	η12tobin′s	PROPN
abrj-536	178	23	qi	qi	PROPN
abrj-536	178	24	,	,	PUNCT
abrj-536	178	25	t	t	PROPN
abrj-536	178	26	+	+	CCONJ
abrj-536	178	27	η13tangibilityi	η13tangibilityi	PROPN
abrj-536	178	28	,	,	PUNCT
abrj-536	178	29	t	t	PROPN
abrj-536	178	30	+	+	CCONJ
abrj-536	178	31	μi	μi	PRON
abrj-536	179	1	+	+	CCONJ
abrj-536	179	2	τt	τt	PROPN
abrj-536	180	1	+	+	CCONJ
abrj-536	180	2	εi	εi	ADJ
abrj-536	180	3	,	,	PUNCT
abrj-536	180	4	t	t	PROPN
abrj-536	180	5	(	(	PUNCT
abrj-536	180	6	model	model	NOUN
abrj-536	180	7	3	3	NUM
abrj-536	180	8	)	)	PUNCT
abrj-536	180	9	4	4	NUM
abrj-536	180	10	.	.	PUNCT
abrj-536	180	11	results	result	VERB
abrj-536	180	12	4.1	4.1	NUM
abrj-536	180	13	.	.	PUNCT
abrj-536	181	1	main	main	ADJ
abrj-536	181	2	effect	effect	NOUN
abrj-536	181	3	regression	regression	NOUN
abrj-536	181	4	results	result	NOUN
abrj-536	181	5	summary	summary	NOUN
abrj-536	181	6	statistics	statistic	NOUN
abrj-536	181	7	(	(	PUNCT
abrj-536	181	8	means	mean	NOUN
abrj-536	181	9	,	,	PUNCT
abrj-536	181	10	standard	standard	ADJ
abrj-536	181	11	deviations	deviation	NOUN
abrj-536	181	12	,	,	PUNCT
abrj-536	181	13	and	and	CCONJ
abrj-536	181	14	pairwise	pairwise	NOUN
abrj-536	181	15	correlations	correlation	NOUN
abrj-536	181	16	)	)	PUNCT
abrj-536	181	17	for	for	ADP
abrj-536	181	18	all	all	DET
abrj-536	181	19	variables	variable	NOUN
abrj-536	181	20	are	be	AUX
abrj-536	181	21	provided	provide	VERB
abrj-536	181	22	in	in	ADP
abrj-536	181	23	table	table	NOUN
abrj-536	181	24	6	6	NUM
abrj-536	181	25	.	.	PUNCT
abrj-536	182	1	the	the	DET
abrj-536	182	2	variance	variance	NOUN
abrj-536	182	3	inflation	inflation	NOUN
abrj-536	182	4	factor	factor	NOUN
abrj-536	182	5	(	(	PUNCT
abrj-536	182	6	vif	vif	NOUN
abrj-536	182	7	)	)	PUNCT
abrj-536	182	8	values	value	NOUN
abrj-536	182	9	of	of	ADP
abrj-536	182	10	the	the	DET
abrj-536	182	11	regression	regression	NOUN
abrj-536	182	12	models	model	NOUN
abrj-536	182	13	are	be	AUX
abrj-536	182	14	all	all	ADV
abrj-536	182	15	less	less	ADJ
abrj-536	182	16	than	than	ADP
abrj-536	182	17	10	10	NUM
abrj-536	182	18	and	and	CCONJ
abrj-536	182	19	the	the	DET
abrj-536	182	20	correlation	correlation	NOUN
abrj-536	182	21	coefficients	coefficient	NOUN
abrj-536	182	22	between	between	ADP
abrj-536	182	23	the	the	DET
abrj-536	182	24	variables	variable	NOUN
abrj-536	182	25	are	be	AUX
abrj-536	182	26	all	all	ADV
abrj-536	182	27	well	well	ADV
abrj-536	182	28	below	below	ADP
abrj-536	182	29	0.7	0.7	NUM
abrj-536	182	30	,	,	PUNCT
abrj-536	182	31	suggesting	suggest	VERB
abrj-536	182	32	that	that	SCONJ
abrj-536	182	33	multicollinearity	multicollinearity	NOUN
abrj-536	182	34	is	be	AUX
abrj-536	182	35	not	not	PART
abrj-536	182	36	a	a	DET
abrj-536	182	37	concern	concern	NOUN
abrj-536	182	38	.	.	PUNCT
abrj-536	183	1	table	table	NOUN
abrj-536	183	2	6	6	NUM
abrj-536	183	3	.	.	PUNCT
abrj-536	183	4	descriptive	descriptive	ADJ
abrj-536	183	5	statistics	statistic	NOUN
abrj-536	183	6	and	and	CCONJ
abrj-536	183	7	correlations	correlation	NOUN
abrj-536	183	8	.	.	PUNCT
abrj-536	184	1	variable	variable	ADJ
abrj-536	184	2	mean	mean	PROPN
abrj-536	184	3	s.d	s.d	PROPN
abrj-536	184	4	.	.	PROPN
abrj-536	184	5	1	1	NUM
abrj-536	184	6	2	2	NUM
abrj-536	184	7	3	3	NUM
abrj-536	184	8	4	4	NUM
abrj-536	184	9	5	5	NUM
abrj-536	184	10	6	6	NUM
abrj-536	184	11	7	7	NUM
abrj-536	184	12	8	8	NUM
abrj-536	184	13	9	9	NUM
abrj-536	184	14	10	10	NUM
abrj-536	184	15	11	11	NUM
abrj-536	184	16	12	12	NUM
abrj-536	184	17	13	13	NUM
abrj-536	184	18	1	1	NUM
abrj-536	184	19	.	.	PUNCT
abrj-536	185	1	cdo	cdo	NOUN
abrj-536	185	2	0	0	NUM
abrj-536	185	3	0.67	0.67	NUM
abrj-536	185	4	2	2	NUM
abrj-536	185	5	.	.	PUNCT
abrj-536	185	6	lernerindex	lernerindex	NOUN
abrj-536	185	7	0	0	NUM
abrj-536	185	8	0.06	0.06	NUM
abrj-536	185	9	.06	.06	NUM
abrj-536	185	10	3	3	NUM
abrj-536	185	11	.	.	PUNCT
abrj-536	186	1	reply_interval	reply_interval	ADJ
abrj-536	186	2	0	0	NUM
abrj-536	186	3	1.23	1.23	NUM
abrj-536	186	4	.04	.04	NUM
abrj-536	186	5	.08	.08	NUM
abrj-536	186	6	4	4	NUM
abrj-536	186	7	.	.	PUNCT
abrj-536	186	8	age	age	NOUN
abrj-536	186	9	2.87	2.87	NUM
abrj-536	186	10	0.34	0.34	NUM
abrj-536	186	11	.05	.05	NUM
abrj-536	186	12	.20	.20	NUM
abrj-536	186	13	.14	.14	NUM
abrj-536	186	14	5	5	NUM
abrj-536	186	15	.	.	PUNCT
abrj-536	186	16	size	size	NOUN
abrj-536	186	17	21.98	21.98	NUM
abrj-536	186	18	1.17	1.17	NUM
abrj-536	186	19	.11	.11	NUM
abrj-536	186	20	.01	.01	NUM
abrj-536	186	21	.24	.24	NUM
abrj-536	186	22	.23	.23	NUM
abrj-536	186	23	6	6	NUM
abrj-536	186	24	.	.	PUNCT
abrj-536	187	1	soe	soe	PROPN
abrj-536	187	2	0.24	0.24	NUM
abrj-536	187	3	0.42	0.42	NUM
abrj-536	187	4	-.05	-.05	NOUN
abrj-536	187	5	-.07	-.07	SYM
abrj-536	187	6	.13	.13	NUM
abrj-536	187	7	.21	.21	NUM
abrj-536	187	8	.34	.34	NUM
abrj-536	187	9	7	7	NUM
abrj-536	187	10	.	.	PUNCT
abrj-536	187	11	growth	growth	NOUN
abrj-536	187	12	0.12	0.12	NUM
abrj-536	187	13	0.21	0.21	NUM
abrj-536	187	14	.06	.06	NUM
abrj-536	187	15	.05	.05	NUM
abrj-536	187	16	-.02	-.02	PUNCT
abrj-536	187	17	-.06	-.06	PUNCT
abrj-536	187	18	.02	.02	NUM
abrj-536	187	19	-.09	-.09	SYM
abrj-536	187	20	8	8	NUM
abrj-536	187	21	.	.	PUNCT
abrj-536	187	22	leverage	leverage	NOUN
abrj-536	187	23	1.34	1.34	NUM
abrj-536	187	24	1.02	1.02	NUM
abrj-536	187	25	-.07	-.07	PUNCT
abrj-536	187	26	-.10	-.10	SYM
abrj-536	187	27	.04	.04	NUM
abrj-536	187	28	.05	.05	NUM
abrj-536	187	29	.18	.18	NUM
abrj-536	187	30	.16	.16	NUM
abrj-536	187	31	-.11	-.11	SYM
abrj-536	187	32	9	9	NUM
abrj-536	187	33	.	.	X
abrj-536	187	34	roa	roa	PROPN
abrj-536	187	35	0.09	0.09	NUM
abrj-536	187	36	0.08	0.08	NUM
abrj-536	187	37	.00	.00	NUM
abrj-536	187	38	.15	.15	NUM
abrj-536	187	39	.04	.04	NUM
abrj-536	187	40	.03	.03	NUM
abrj-536	188	1	.10	.10	NUM
abrj-536	188	2	-.05	-.05	SYM
abrj-536	188	3	.18	.18	NUM
abrj-536	188	4	-.24	-.24	SYM
abrj-536	188	5	10	10	NUM
abrj-536	188	6	.	.	PUNCT
abrj-536	189	1	tato	tato	NOUN
abrj-536	189	2	0.63	0.63	NUM
abrj-536	189	3	0.38	0.38	NUM
abrj-536	189	4	-.04	-.04	PUNCT
abrj-536	189	5	-.16	-.16	PROPN
abrj-536	189	6	.03	.03	NUM
abrj-536	189	7	.08	.08	NUM
abrj-536	189	8	.15	.15	NUM
abrj-536	189	9	.11	.11	NUM
abrj-536	189	10	.06	.06	NUM
abrj-536	189	11	.01	.01	NUM
abrj-536	189	12	.19	.19	NUM
abrj-536	189	13	11	11	NUM
abrj-536	189	14	.	.	PUNCT
abrj-536	190	1	mtb	mtb	NOUN
abrj-536	190	2	0.36	0.36	NUM
abrj-536	190	3	0.16	0.16	NUM
abrj-536	190	4	-.08	-.08	SYM
abrj-536	190	5	.01	.01	NUM
abrj-536	190	6	-.08	-.08	PUNCT
abrj-536	190	7	-.11	-.11	PUNCT
abrj-536	190	8	-.07	-.07	INTJ
abrj-536	190	9	-.11	-.11	PUNCT
abrj-536	190	10	-.11	-.11	PUNCT
abrj-536	190	11	-.17	-.17	SYM
abrj-536	190	12	-.19	-.19	PUNCT
abrj-536	190	13	-.08	-.08	SYM
abrj-536	190	14	12	12	NUM
abrj-536	190	15	.	.	PUNCT
abrj-536	191	1	tobin	tobin	PROPN
abrj-536	191	2	's	's	PART
abrj-536	191	3	q	q	PROPN
abrj-536	191	4	2.11	2.11	NUM
abrj-536	191	5	1.26	1.26	NUM
abrj-536	191	6	.03	.03	NUM
abrj-536	191	7	.09	.09	NUM
abrj-536	191	8	.01	.01	NUM
abrj-536	191	9	.02	.02	NUM
abrj-536	191	10	-.24	-.24	PUNCT
abrj-536	191	11	-.07	-.07	SYM
abrj-536	191	12	.06	.06	NUM
abrj-536	191	13	-.14	-.14	SYM
abrj-536	191	14	.22	.22	NUM
abrj-536	191	15	-.06	-.06	PUNCT
abrj-536	191	16	-.63	-.63	PROPN
abrj-536	191	17	13	13	NUM
abrj-536	191	18	.	.	PUNCT
abrj-536	192	1	tangibility	tangibility	NOUN
abrj-536	192	2	0.93	0.93	NUM
abrj-536	192	3	0.08	0.08	NUM
abrj-536	192	4	-.09	-.09	CCONJ
abrj-536	192	5	-.04	-.04	SYM
abrj-536	192	6	.04	.04	NUM
abrj-536	192	7	.00	.00	NUM
abrj-536	192	8	-.03	-.03	NOUN
abrj-536	192	9	.09	.09	NUM
abrj-536	192	10	-.11	-.11	SYM
abrj-536	192	11	.00	.00	NUM
abrj-536	192	12	.08	.08	NUM
abrj-536	192	13	.13	.13	NUM
abrj-536	192	14	.01	.01	NUM
abrj-536	192	15	-.01	-.01	PROPN
abrj-536	192	16	14	14	NUM
abrj-536	192	17	.	.	PUNCT
abrj-536	193	1	ldt	ldt	PROPN
abrj-536	193	2	-0.08	-0.08	NUM
abrj-536	193	3	1.40	1.40	NUM
abrj-536	193	4	.64	.64	NUM
abrj-536	193	5	.03	.03	NUM
abrj-536	193	6	.08	.08	NUM
abrj-536	193	7	.13	.13	NUM
abrj-536	193	8	.21	.21	NUM
abrj-536	193	9	-.16	-.16	SYM
abrj-536	193	10	.03	.03	NUM
abrj-536	193	11	-.05	-.05	NUM
abrj-536	193	12	-.01	-.01	NOUN
abrj-536	193	13	-.05	-.05	NUM
abrj-536	193	14	-.13	-.13	SYM
abrj-536	193	15	.05	.05	NUM
abrj-536	193	16	-.08	-.08	PUNCT
abrj-536	193	17	through	through	ADP
abrj-536	193	18	the	the	DET
abrj-536	193	19	above	above	ADJ
abrj-536	193	20	analysis	analysis	NOUN
abrj-536	193	21	,	,	PUNCT
abrj-536	193	22	we	we	PRON
abrj-536	193	23	took	take	VERB
abrj-536	193	24	the	the	DET
abrj-536	193	25	time	time	NOUN
abrj-536	193	26	individual	individual	ADJ
abrj-536	193	27	fixed	fix	VERB
abrj-536	193	28	effect	effect	NOUN
abrj-536	193	29	model	model	NOUN
abrj-536	193	30	and	and	CCONJ
abrj-536	193	31	used	use	VERB
abrj-536	193	32	the	the	DET
abrj-536	193	33	ols	ol	NOUN
abrj-536	193	34	regression	regression	NOUN
abrj-536	193	35	model	model	NOUN
abrj-536	193	36	for	for	ADP
abrj-536	193	37	regression	regression	NOUN
abrj-536	193	38	analysis	analysis	NOUN
abrj-536	193	39	so	so	SCONJ
abrj-536	193	40	as	as	SCONJ
abrj-536	193	41	to	to	PART
abrj-536	193	42	verify	verify	VERB
abrj-536	193	43	our	our	PRON
abrj-536	193	44	hypothesis	hypothesis	NOUN
abrj-536	193	45	.	.	PUNCT
abrj-536	194	1	in	in	ADP
abrj-536	194	2	the	the	DET
abrj-536	194	3	study	study	NOUN
abrj-536	194	4	of	of	ADP
abrj-536	194	5	customer	customer	NOUN
abrj-536	194	6	demand	demand	NOUN
abrj-536	194	7	orientation	orientation	NOUN
abrj-536	194	8	on	on	ADP
abrj-536	194	9	the	the	DET
abrj-536	194	10	level	level	NOUN
abrj-536	194	11	of	of	ADP
abrj-536	194	12	digital	digital	ADJ
abrj-536	194	13	transformation	transformation	NOUN
abrj-536	194	14	,	,	PUNCT
abrj-536	194	15	we	we	PRON
abrj-536	194	16	used	use	VERB
abrj-536	194	17	three	three	NUM
abrj-536	194	18	models	model	NOUN
abrj-536	194	19	:	:	PUNCT
abrj-536	194	20	model	model	NOUN
abrj-536	194	21	1	1	NUM
abrj-536	194	22	,	,	PUNCT
abrj-536	194	23	model	model	NOUN
abrj-536	194	24	2	2	NUM
abrj-536	194	25	,	,	PUNCT
abrj-536	194	26	and	and	CCONJ
abrj-536	194	27	model	model	NOUN
abrj-536	194	28	3	3	NUM
abrj-536	194	29	.	.	PUNCT
abrj-536	194	30	model	model	NOUN
abrj-536	194	31	1	1	NUM
abrj-536	194	32	verifies	verifie	NOUN
abrj-536	194	33	the	the	DET
abrj-536	194	34	effect	effect	NOUN
abrj-536	194	35	of	of	ADP
abrj-536	194	36	customer	customer	NOUN
abrj-536	194	37	demand	demand	NOUN
abrj-536	194	38	orientation	orientation	NOUN
abrj-536	194	39	on	on	ADP
abrj-536	194	40	the	the	DET
abrj-536	194	41	level	level	NOUN
abrj-536	194	42	of	of	ADP
abrj-536	194	43	digital	digital	ADJ
abrj-536	194	44	transformation	transformation	NOUN
abrj-536	194	45	of	of	ADP
abrj-536	194	46	enterprises	enterprise	NOUN
abrj-536	194	47	.	.	PUNCT
abrj-536	195	1	in	in	ADP
abrj-536	195	2	model	model	NOUN
abrj-536	195	3	2	2	NUM
abrj-536	195	4	,	,	PUNCT
abrj-536	195	5	the	the	DET
abrj-536	195	6	interaction	interaction	NOUN
abrj-536	195	7	of	of	ADP
abrj-536	195	8	industry	industry	NOUN
abrj-536	195	9	concentration	concentration	NOUN
abrj-536	195	10	with	with	ADP
abrj-536	195	11	customer	customer	NOUN
abrj-536	195	12	demand	demand	NOUN
abrj-536	195	13	orientation	orientation	NOUN
abrj-536	195	14	is	be	AUX
abrj-536	195	15	added	add	VERB
abrj-536	195	16	to	to	PART
abrj-536	195	17	verify	verify	VERB
abrj-536	195	18	the	the	DET
abrj-536	195	19	moderating	moderate	VERB
abrj-536	195	20	effect	effect	NOUN
abrj-536	195	21	of	of	ADP
abrj-536	195	22	industry	industry	NOUN
abrj-536	195	23	concentration	concentration	NOUN
abrj-536	195	24	on	on	ADP
abrj-536	195	25	the	the	DET
abrj-536	195	26	relationship	relationship	NOUN
abrj-536	195	27	between	between	ADP
abrj-536	195	28	customer	customer	NOUN
abrj-536	195	29	demand	demand	NOUN
abrj-536	195	30	orientation	orientation	NOUN
abrj-536	195	31	and	and	CCONJ
abrj-536	195	32	the	the	DET
abrj-536	195	33	level	level	NOUN
abrj-536	195	34	of	of	ADP
abrj-536	195	35	digital	digital	ADJ
abrj-536	195	36	transformation	transformation	NOUN
abrj-536	195	37	.	.	PUNCT
abrj-536	196	1	in	in	ADP
abrj-536	196	2	model	model	NOUN
abrj-536	196	3	3	3	NUM
abrj-536	196	4	,	,	PUNCT
abrj-536	196	5	the	the	DET
abrj-536	196	6	interaction	interaction	NOUN
abrj-536	196	7	of	of	ADP
abrj-536	196	8	investor	investor	NOUN
abrj-536	196	9	interaction	interaction	NOUN
abrj-536	196	10	response	response	NOUN
abrj-536	196	11	speed	speed	NOUN
abrj-536	196	12	with	with	ADP
abrj-536	196	13	customer	customer	NOUN
abrj-536	196	14	demand	demand	NOUN
abrj-536	196	15	orientation	orientation	NOUN
abrj-536	196	16	is	be	AUX
abrj-536	196	17	added	add	VERB
abrj-536	196	18	to	to	PART
abrj-536	196	19	verify	verify	VERB
abrj-536	196	20	the	the	DET
abrj-536	196	21	moderating	moderate	VERB
abrj-536	196	22	effect	effect	NOUN
abrj-536	196	23	of	of	ADP
abrj-536	196	24	investor	investor	NOUN
abrj-536	196	25	interaction	interaction	NOUN
abrj-536	196	26	response	response	NOUN
abrj-536	196	27	speed	speed	NOUN
abrj-536	196	28	on	on	ADP
abrj-536	196	29	the	the	DET
abrj-536	196	30	level	level	NOUN
abrj-536	196	31	of	of	ADP
abrj-536	196	32	digital	digital	ADJ
abrj-536	196	33	transformation	transformation	NOUN
abrj-536	196	34	.	.	PUNCT
abrj-536	197	1	the	the	DET
abrj-536	197	2	specific	specific	ADJ
abrj-536	197	3	regression	regression	NOUN
abrj-536	197	4	model	model	NOUN
abrj-536	197	5	is	be	AUX
abrj-536	197	6	shown	show	VERB
abrj-536	197	7	in	in	ADP
abrj-536	197	8	table	table	NOUN
abrj-536	197	9	7	7	NUM
abrj-536	197	10	.	.	PUNCT
abrj-536	197	11	table	table	NOUN
abrj-536	197	12	7	7	NUM
abrj-536	197	13	.	.	PUNCT
abrj-536	197	14	main	main	ADJ
abrj-536	197	15	effect	effect	NOUN
abrj-536	197	16	regression	regression	NOUN
abrj-536	197	17	results	result	NOUN
abrj-536	197	18	.	.	PUNCT
abrj-536	198	1	variable	variable	ADJ
abrj-536	198	2	model	model	NOUN
abrj-536	198	3	1	1	NUM
abrj-536	198	4	model	model	NOUN
abrj-536	198	5	2	2	NUM
abrj-536	198	6	model	model	NOUN
abrj-536	198	7	3	3	NUM
abrj-536	198	8	age	age	NOUN
abrj-536	198	9	-0.041	-0.041	PUNCT
abrj-536	198	10	(	(	PUNCT
abrj-536	198	11	0.038	0.038	NUM
abrj-536	198	12	)	)	PUNCT
abrj-536	198	13	-0.036	-0.036	NOUN
abrj-536	198	14	(	(	PUNCT
abrj-536	198	15	0.038	0.038	NUM
abrj-536	198	16	)	)	PUNCT
abrj-536	198	17	-0.041	-0.041	PUNCT
abrj-536	198	18	(	(	PUNCT
abrj-536	198	19	0.038	0.038	NUM
abrj-536	198	20	)	)	PUNCT
abrj-536	198	21	size	size	NOUN
abrj-536	198	22	0.032	0.032	NUM
abrj-536	198	23	*	*	PUNCT
abrj-536	198	24	*	*	PUNCT
abrj-536	198	25	*	*	PUNCT
abrj-536	198	26	(	(	PUNCT
abrj-536	198	27	0.006	0.006	NUM
abrj-536	198	28	)	)	PUNCT
abrj-536	198	29	0.033	0.033	NUM
abrj-536	198	30	*	*	PUNCT
abrj-536	198	31	*	*	PUNCT
abrj-536	198	32	*	*	PUNCT
abrj-536	198	33	(	(	PUNCT
abrj-536	198	34	0.006	0.006	NUM
abrj-536	198	35	)	)	PUNCT
abrj-536	198	36	0.032	0.032	NUM
abrj-536	198	37	*	*	PUNCT
abrj-536	198	38	*	*	PUNCT
abrj-536	198	39	*	*	PUNCT
abrj-536	198	40	(	(	PUNCT
abrj-536	198	41	0.006	0.006	NUM
abrj-536	198	42	)	)	PUNCT
abrj-536	198	43	soe	soe	PROPN
abrj-536	198	44	0.007	0.007	NUM
abrj-536	198	45	(	(	PUNCT
abrj-536	198	46	0.012	0.012	NUM
abrj-536	198	47	)	)	PUNCT
abrj-536	198	48	0.009	0.009	NUM
abrj-536	198	49	(	(	PUNCT
abrj-536	198	50	0.012	0.012	NUM
abrj-536	198	51	)	)	PUNCT
abrj-536	198	52	0.007	0.007	NUM
abrj-536	198	53	(	(	PUNCT
abrj-536	198	54	0.012	0.012	NUM
abrj-536	198	55	)	)	PUNCT
abrj-536	198	56	growth	growth	NOUN
abrj-536	198	57	-0.012	-0.012	INTJ
abrj-536	198	58	(	(	PUNCT
abrj-536	198	59	0.009	0.009	NUM
abrj-536	198	60	)	)	PUNCT
abrj-536	198	61	-0.013	-0.013	PUNCT
abrj-536	198	62	(	(	PUNCT
abrj-536	198	63	0.009	0.009	NUM
abrj-536	198	64	)	)	PUNCT
abrj-536	198	65	-0.012	-0.012	PROPN
abrj-536	198	66	(	(	PUNCT
abrj-536	198	67	0.009	0.009	NUM
abrj-536	198	68	)	)	PUNCT
abrj-536	198	69	leverage	leverage	NOUN
abrj-536	198	70	-0.004	-0.004	NOUN
abrj-536	198	71	*	*	PUNCT
abrj-536	198	72	(	(	PUNCT
abrj-536	198	73	0.002	0.002	NUM
abrj-536	198	74	)	)	PUNCT
abrj-536	198	75	-0.004	-0.004	PUNCT
abrj-536	199	1	*	*	PUNCT
abrj-536	199	2	*	*	PUNCT
abrj-536	199	3	(	(	PUNCT
abrj-536	199	4	0.002	0.002	NUM
abrj-536	199	5	)	)	PUNCT
abrj-536	199	6	-0.004	-0.004	X
abrj-536	199	7	*	*	PUNCT
abrj-536	199	8	(	(	PUNCT
abrj-536	199	9	0.002	0.002	NUM
abrj-536	199	10	)	)	PUNCT
abrj-536	199	11	roa	roa	NOUN
abrj-536	199	12	0.003	0.003	NUM
abrj-536	199	13	(	(	PUNCT
abrj-536	199	14	0.026	0.026	NUM
abrj-536	199	15	)	)	PUNCT
abrj-536	199	16	0.007	0.007	NUM
abrj-536	199	17	(	(	PUNCT
abrj-536	199	18	0.026	0.026	NUM
abrj-536	199	19	)	)	PUNCT
abrj-536	199	20	0.003	0.003	NUM
abrj-536	199	21	(	(	PUNCT
abrj-536	199	22	0.026	0.026	NUM
abrj-536	199	23	)	)	PUNCT
abrj-536	199	24	tato	tato	NOUN
abrj-536	199	25	0.017	0.017	NUM
abrj-536	199	26	*	*	PUNCT
abrj-536	199	27	(	(	PUNCT
abrj-536	199	28	0.01	0.01	NUM
abrj-536	199	29	)	)	PUNCT
abrj-536	199	30	0.019	0.019	NUM
abrj-536	199	31	*	*	PUNCT
abrj-536	199	32	(	(	PUNCT
abrj-536	199	33	0.01	0.01	NUM
abrj-536	199	34	)	)	PUNCT
abrj-536	199	35	0.017	0.017	NUM
abrj-536	199	36	(	(	PUNCT
abrj-536	199	37	0.01	0.01	NUM
abrj-536	199	38	)	)	PUNCT
abrj-536	199	39	mtb	mtb	NOUN
abrj-536	199	40	-0.018	-0.018	PUNCT
abrj-536	199	41	(	(	PUNCT
abrj-536	199	42	0.022	0.022	NUM
abrj-536	199	43	)	)	PUNCT
abrj-536	199	44	-0.019	-0.019	X
abrj-536	199	45	(	(	PUNCT
abrj-536	199	46	0.022	0.022	NUM
abrj-536	199	47	)	)	PUNCT
abrj-536	199	48	-0.017	-0.017	X
abrj-536	199	49	(	(	PUNCT
abrj-536	199	50	0.022	0.022	NUM
abrj-536	199	51	)	)	PUNCT
abrj-536	199	52	tobin	tobin	NOUN
abrj-536	199	53	's	's	PART
abrj-536	199	54	q	q	NOUN
abrj-536	199	55	0	0	NUM
abrj-536	199	56	(	(	PUNCT
abrj-536	199	57	0.002	0.002	NUM
abrj-536	199	58	)	)	PUNCT
abrj-536	199	59	0	0	NUM
abrj-536	200	1	(	(	PUNCT
abrj-536	200	2	0.002	0.002	NUM
abrj-536	200	3	)	)	PUNCT
abrj-536	200	4	0	0	NUM
abrj-536	201	1	(	(	PUNCT
abrj-536	201	2	0.002	0.002	NUM
abrj-536	201	3	)	)	PUNCT
abrj-536	201	4	tangibility	tangibility	NOUN
abrj-536	201	5	0.091	0.091	NUM
abrj-536	201	6	*	*	PUNCT
abrj-536	201	7	*	*	PUNCT
abrj-536	201	8	*	*	PUNCT
abrj-536	201	9	(	(	PUNCT
abrj-536	201	10	0.033	0.033	NUM
abrj-536	201	11	)	)	PUNCT
abrj-536	201	12	0.093	0.093	NUM
abrj-536	201	13	*	*	PUNCT
abrj-536	201	14	*	*	PUNCT
abrj-536	201	15	*	*	PUNCT
abrj-536	201	16	(	(	PUNCT
abrj-536	201	17	0.033	0.033	NUM
abrj-536	201	18	)	)	PUNCT
abrj-536	201	19	0.093	0.093	NUM
abrj-536	201	20	*	*	PUNCT
abrj-536	201	21	*	*	PUNCT
abrj-536	201	22	*	*	PUNCT
abrj-536	201	23	(	(	PUNCT
abrj-536	201	24	0.033	0.033	NUM
abrj-536	201	25	)	)	PUNCT
abrj-536	201	26	cdo	cdo	NOUN
abrj-536	201	27	0.201	0.201	NUM
abrj-536	201	28	*	*	PUNCT
abrj-536	201	29	*	*	PUNCT
abrj-536	201	30	*	*	PUNCT
abrj-536	201	31	(	(	PUNCT
abrj-536	201	32	0.004	0.004	NUM
abrj-536	201	33	)	)	PUNCT
abrj-536	201	34	0.202	0.202	NUM
abrj-536	201	35	*	*	PUNCT
abrj-536	201	36	*	*	PUNCT
abrj-536	201	37	*	*	PUNCT
abrj-536	201	38	(	(	PUNCT
abrj-536	201	39	0.004	0.004	NUM
abrj-536	201	40	)	)	PUNCT
abrj-536	201	41	0.201	0.201	NUM
abrj-536	201	42	*	*	PUNCT
abrj-536	201	43	*	*	PUNCT
abrj-536	201	44	*	*	PUNCT
abrj-536	201	45	(	(	PUNCT
abrj-536	201	46	0.004	0.004	NUM
abrj-536	201	47	)	)	PUNCT
abrj-536	201	48	lernerindex	lernerindex	NOUN
abrj-536	201	49	-0.321	-0.321	PUNCT
abrj-536	201	50	*	*	PUNCT
abrj-536	201	51	*	*	PUNCT
abrj-536	201	52	*	*	PUNCT
abrj-536	201	53	(	(	PUNCT
abrj-536	201	54	0.093	0.093	NUM
abrj-536	201	55	)	)	PUNCT
abrj-536	201	56	cdo*lernerindex	cdo*lernerindex	NOUN
abrj-536	201	57	-0.248	-0.248	PUNCT
abrj-536	201	58	*	*	PUNCT
abrj-536	201	59	*	*	PUNCT
abrj-536	201	60	*	*	PUNCT
abrj-536	201	61	(	(	PUNCT
abrj-536	201	62	0.067	0.067	NUM
abrj-536	201	63	)	)	PUNCT
abrj-536	201	64	reply_interval	reply_interval	NOUN
abrj-536	201	65	0	0	NUM
abrj-536	201	66	(	(	PUNCT
abrj-536	201	67	0.002	0.002	NUM
abrj-536	201	68	)	)	PUNCT
abrj-536	201	69	cdo*reply_interval	cdo*reply_interval	NOUN
abrj-536	201	70	-0.004	-0.004	PROPN
abrj-536	201	71	*	*	PUNCT
abrj-536	201	72	(	(	PUNCT
abrj-536	201	73	0.003	0.003	NUM
abrj-536	201	74	)	)	PUNCT
abrj-536	201	75	const	const	NOUN
abrj-536	201	76	-0.752	-0.752	ADJ
abrj-536	201	77	*	*	PUNCT
abrj-536	201	78	*	*	PUNCT
abrj-536	201	79	*	*	PUNCT
abrj-536	201	80	(	(	PUNCT
abrj-536	201	81	0.174	0.174	NUM
abrj-536	201	82	)	)	PUNCT
abrj-536	201	83	-0.78	-0.78	NOUN
abrj-536	201	84	*	*	PUNCT
abrj-536	201	85	*	*	PUNCT
abrj-536	201	86	*	*	PUNCT
abrj-536	201	87	(	(	PUNCT
abrj-536	201	88	0.174	0.174	NUM
abrj-536	201	89	)	)	PUNCT
abrj-536	201	90	-0.749	-0.749	NOUN
abrj-536	202	1	*	*	PUNCT
abrj-536	202	2	*	*	PUNCT
abrj-536	202	3	*	*	PUNCT
abrj-536	202	4	(	(	PUNCT
abrj-536	202	5	0.174	0.174	NUM
abrj-536	202	6	)	)	PUNCT
abrj-536	202	7	f	f	PROPN
abrj-536	203	1	358.813	358.813	NUM
abrj-536	203	2	*	*	PUNCT
abrj-536	203	3	*	*	PUNCT
abrj-536	203	4	*	*	PUNCT
abrj-536	203	5	309.987	309.987	NUM
abrj-536	203	6	*	*	PUNCT
abrj-536	203	7	*	*	PUNCT
abrj-536	203	8	*	*	PUNCT
abrj-536	203	9	304.397	304.397	NUM
abrj-536	203	10	*	*	PUNCT
abrj-536	203	11	*	*	PUNCT
abrj-536	203	12	*	*	PUNCT
abrj-536	203	13	asian	asian	ADJ
abrj-536	203	14	business	business	NOUN
abrj-536	203	15	research	research	NOUN
abrj-536	203	16	journal	journal	NOUN
abrj-536	203	17	,	,	PUNCT
abrj-536	203	18	2025	2025	NUM
abrj-536	203	19	,	,	PUNCT
abrj-536	203	20	10(8	10(8	NUM
abrj-536	203	21	):	):	PUNCT
abrj-536	203	22	49	49	NUM
abrj-536	203	23	-	-	SYM
abrj-536	203	24	58	58	NUM
abrj-536	203	25	56	56	NUM
abrj-536	203	26	©	©	PROPN
abrj-536	203	27	2025	2025	NUM
abrj-536	203	28	by	by	ADP
abrj-536	203	29	the	the	DET
abrj-536	203	30	authors	author	NOUN
abrj-536	203	31	;	;	PUNCT
abrj-536	203	32	licensee	licensee	NOUN
abrj-536	203	33	eastern	eastern	ADJ
abrj-536	203	34	centre	centre	NOUN
abrj-536	203	35	of	of	ADP
abrj-536	203	36	science	science	NOUN
abrj-536	203	37	and	and	CCONJ
abrj-536	203	38	education	education	NOUN
abrj-536	203	39	,	,	PUNCT
abrj-536	203	40	usa	usa	PROPN
abrj-536	203	41	we	we	PRON
abrj-536	203	42	use	use	VERB
abrj-536	203	43	two	two	NUM
abrj-536	203	44	-	-	PUNCT
abrj-536	203	45	tailed	tail	VERB
abrj-536	203	46	tests	test	NOUN
abrj-536	203	47	for	for	ADP
abrj-536	203	48	all	all	PRON
abrj-536	203	49	of	of	ADP
abrj-536	203	50	our	our	PRON
abrj-536	203	51	regressions	regression	NOUN
abrj-536	203	52	,	,	PUNCT
abrj-536	203	53	among	among	ADP
abrj-536	203	54	which	which	PRON
abrj-536	203	55	*	*	PUNCT
abrj-536	203	56	represents	represent	VERB
abrj-536	203	57	p	p	NOUN
abrj-536	203	58	<	<	X
abrj-536	203	59	0.10	0.10	NUM
abrj-536	203	60	,	,	PUNCT
abrj-536	203	61	*	*	PUNCT
abrj-536	203	62	*	*	PUNCT
abrj-536	203	63	represents	represent	VERB
abrj-536	203	64	p	p	NOUN
abrj-536	203	65	<	<	X
abrj-536	203	66	0.05	0.05	NUM
abrj-536	203	67	,	,	PUNCT
abrj-536	203	68	and	and	CCONJ
abrj-536	203	69	*	*	PUNCT
abrj-536	203	70	*	*	PUNCT
abrj-536	203	71	*	*	PUNCT
abrj-536	203	72	represents	represent	VERB
abrj-536	203	73	p	p	X
abrj-536	203	74	<	<	X
abrj-536	203	75	0.01	0.01	NUM
abrj-536	203	76	for	for	ADP
abrj-536	203	77	table	table	NOUN
abrj-536	203	78	7	7	NUM
abrj-536	203	79	through	through	ADP
abrj-536	203	80	to	to	ADP
abrj-536	203	81	table	table	NOUN
abrj-536	203	82	10	10	NUM
abrj-536	203	83	.	.	PUNCT
abrj-536	204	1	model	model	NOUN
abrj-536	204	2	1	1	NUM
abrj-536	204	3	is	be	AUX
abrj-536	204	4	mainly	mainly	ADV
abrj-536	204	5	to	to	PART
abrj-536	204	6	verify	verify	VERB
abrj-536	204	7	the	the	DET
abrj-536	204	8	influence	influence	NOUN
abrj-536	204	9	of	of	ADP
abrj-536	204	10	customer	customer	NOUN
abrj-536	204	11	demand	demand	NOUN
abrj-536	204	12	orientation	orientation	NOUN
abrj-536	204	13	on	on	ADP
abrj-536	204	14	the	the	DET
abrj-536	204	15	level	level	NOUN
abrj-536	204	16	of	of	ADP
abrj-536	204	17	digital	digital	ADJ
abrj-536	204	18	transformation	transformation	NOUN
abrj-536	204	19	of	of	ADP
abrj-536	204	20	enterprises	enterprise	NOUN
abrj-536	204	21	.	.	PUNCT
abrj-536	205	1	the	the	DET
abrj-536	205	2	regression	regression	NOUN
abrj-536	205	3	analysis	analysis	NOUN
abrj-536	205	4	results	result	NOUN
abrj-536	205	5	in	in	ADP
abrj-536	205	6	the	the	DET
abrj-536	205	7	above	above	ADJ
abrj-536	205	8	figure	figure	NOUN
abrj-536	205	9	show	show	VERB
abrj-536	205	10	that	that	SCONJ
abrj-536	205	11	the	the	DET
abrj-536	205	12	coefficient	coefficient	NOUN
abrj-536	205	13	of	of	ADP
abrj-536	205	14	customer	customer	NOUN
abrj-536	205	15	demand	demand	NOUN
abrj-536	205	16	orientation	orientation	NOUN
abrj-536	205	17	(	(	PUNCT
abrj-536	205	18	cdo	cdo	NOUN
abrj-536	205	19	;	;	PUNCT
abrj-536	205	20	0.201	0.201	NUM
abrj-536	205	21	)	)	PUNCT
abrj-536	205	22	is	be	AUX
abrj-536	205	23	significantly	significantly	ADV
abrj-536	205	24	positive	positive	ADJ
abrj-536	205	25	at	at	ADP
abrj-536	205	26	the	the	DET
abrj-536	205	27	1	1	NUM
abrj-536	205	28	%	%	NOUN
abrj-536	205	29	level	level	NOUN
abrj-536	205	30	,	,	PUNCT
abrj-536	205	31	which	which	PRON
abrj-536	205	32	indicates	indicate	VERB
abrj-536	205	33	that	that	SCONJ
abrj-536	205	34	the	the	DET
abrj-536	205	35	more	more	ADJ
abrj-536	205	36	attention	attention	NOUN
abrj-536	205	37	is	be	AUX
abrj-536	205	38	paid	pay	VERB
abrj-536	205	39	to	to	ADP
abrj-536	205	40	customer	customer	NOUN
abrj-536	205	41	demand	demand	NOUN
abrj-536	205	42	,	,	PUNCT
abrj-536	205	43	the	the	PRON
abrj-536	205	44	higher	high	ADJ
abrj-536	205	45	the	the	DET
abrj-536	205	46	level	level	NOUN
abrj-536	205	47	of	of	ADP
abrj-536	205	48	digital	digital	ADJ
abrj-536	205	49	transformation	transformation	NOUN
abrj-536	205	50	of	of	ADP
abrj-536	205	51	the	the	DET
abrj-536	205	52	enterprise	enterprise	NOUN
abrj-536	205	53	,	,	PUNCT
abrj-536	205	54	and	and	CCONJ
abrj-536	205	55	hypothesis	hypothesis	NOUN
abrj-536	205	56	1	1	NUM
abrj-536	205	57	is	be	AUX
abrj-536	205	58	supported	support	VERB
abrj-536	205	59	.	.	PUNCT
abrj-536	206	1	enterprises	enterprise	NOUN
abrj-536	206	2	with	with	ADP
abrj-536	206	3	strong	strong	ADJ
abrj-536	206	4	customer	customer	NOUN
abrj-536	206	5	demand	demand	NOUN
abrj-536	206	6	orientation	orientation	NOUN
abrj-536	206	7	tend	tend	VERB
abrj-536	206	8	to	to	PART
abrj-536	206	9	introduce	introduce	VERB
abrj-536	206	10	innovative	innovative	ADJ
abrj-536	206	11	digital	digital	ADJ
abrj-536	206	12	technologies	technology	NOUN
abrj-536	206	13	to	to	PART
abrj-536	206	14	meet	meet	VERB
abrj-536	206	15	the	the	DET
abrj-536	206	16	personalized	personalize	VERB
abrj-536	206	17	needs	need	NOUN
abrj-536	206	18	of	of	ADP
abrj-536	206	19	different	different	ADJ
abrj-536	206	20	customers	customer	NOUN
abrj-536	206	21	more	more	ADV
abrj-536	206	22	flexibly	flexibly	ADV
abrj-536	206	23	.	.	PUNCT
abrj-536	207	1	with	with	ADP
abrj-536	207	2	the	the	DET
abrj-536	207	3	introduction	introduction	NOUN
abrj-536	207	4	of	of	ADP
abrj-536	207	5	ai	ai	PROPN
abrj-536	207	6	technologies	technology	NOUN
abrj-536	207	7	,	,	PUNCT
abrj-536	207	8	companies	company	NOUN
abrj-536	207	9	are	be	AUX
abrj-536	207	10	able	able	ADJ
abrj-536	207	11	to	to	PART
abrj-536	207	12	intelligently	intelligently	ADV
abrj-536	207	13	design	design	VERB
abrj-536	207	14	and	and	CCONJ
abrj-536	207	15	customize	customize	VERB
abrj-536	207	16	products	product	NOUN
abrj-536	207	17	according	accord	VERB
abrj-536	207	18	to	to	ADP
abrj-536	207	19	customers	customer	NOUN
abrj-536	207	20	'	'	PART
abrj-536	207	21	individual	individual	ADJ
abrj-536	207	22	needs	need	NOUN
abrj-536	207	23	,	,	PUNCT
abrj-536	207	24	improving	improve	VERB
abrj-536	207	25	the	the	DET
abrj-536	207	26	level	level	NOUN
abrj-536	207	27	of	of	ADP
abrj-536	207	28	product	product	NOUN
abrj-536	207	29	personalization	personalization	NOUN
abrj-536	207	30	.	.	PUNCT
abrj-536	208	1	model	model	NOUN
abrj-536	208	2	2	2	NUM
abrj-536	208	3	mainly	mainly	ADV
abrj-536	208	4	verifies	verify	VERB
abrj-536	208	5	the	the	DET
abrj-536	208	6	moderating	moderate	VERB
abrj-536	208	7	effect	effect	NOUN
abrj-536	208	8	of	of	ADP
abrj-536	208	9	industry	industry	NOUN
abrj-536	208	10	concentration	concentration	NOUN
abrj-536	208	11	on	on	ADP
abrj-536	208	12	the	the	DET
abrj-536	208	13	relationship	relationship	NOUN
abrj-536	208	14	between	between	ADP
abrj-536	208	15	customer	customer	NOUN
abrj-536	208	16	demand	demand	NOUN
abrj-536	208	17	orientation	orientation	NOUN
abrj-536	208	18	and	and	CCONJ
abrj-536	208	19	the	the	DET
abrj-536	208	20	level	level	NOUN
abrj-536	208	21	of	of	ADP
abrj-536	208	22	digital	digital	ADJ
abrj-536	208	23	transformation	transformation	NOUN
abrj-536	208	24	of	of	ADP
abrj-536	208	25	enterprises	enterprise	NOUN
abrj-536	208	26	.	.	PUNCT
abrj-536	209	1	we	we	PRON
abrj-536	209	2	can	can	AUX
abrj-536	209	3	find	find	VERB
abrj-536	209	4	that	that	SCONJ
abrj-536	209	5	the	the	DET
abrj-536	209	6	coefficient	coefficient	NOUN
abrj-536	209	7	of	of	ADP
abrj-536	209	8	the	the	DET
abrj-536	209	9	lernerindex	lernerindex	NOUN
abrj-536	209	10	is	be	AUX
abrj-536	209	11	-0.321	-0.321	PUNCT
abrj-536	209	12	and	and	CCONJ
abrj-536	209	13	the	the	DET
abrj-536	209	14	corresponding	correspond	VERB
abrj-536	209	15	p	p	NOUN
abrj-536	209	16	-	-	PUNCT
abrj-536	209	17	value	value	NOUN
abrj-536	209	18	is	be	AUX
abrj-536	209	19	0.001	0.001	NUM
abrj-536	209	20	*	*	NOUN
abrj-536	209	21	*	*	PUNCT
abrj-536	209	22	*	*	PUNCT
abrj-536	209	23	,	,	PUNCT
abrj-536	209	24	which	which	PRON
abrj-536	209	25	indicates	indicate	VERB
abrj-536	209	26	that	that	SCONJ
abrj-536	209	27	when	when	SCONJ
abrj-536	209	28	the	the	DET
abrj-536	209	29	competition	competition	NOUN
abrj-536	209	30	in	in	ADP
abrj-536	209	31	the	the	DET
abrj-536	209	32	industry	industry	NOUN
abrj-536	209	33	is	be	AUX
abrj-536	209	34	more	more	ADV
abrj-536	209	35	intense	intense	ADJ
abrj-536	209	36	,	,	PUNCT
abrj-536	209	37	enterprises	enterprise	NOUN
abrj-536	209	38	will	will	AUX
abrj-536	209	39	try	try	VERB
abrj-536	209	40	to	to	PART
abrj-536	209	41	improve	improve	VERB
abrj-536	209	42	their	their	PRON
abrj-536	209	43	production	production	NOUN
abrj-536	209	44	technology	technology	NOUN
abrj-536	209	45	in	in	ADP
abrj-536	209	46	order	order	NOUN
abrj-536	209	47	to	to	PART
abrj-536	209	48	obtain	obtain	VERB
abrj-536	209	49	competitive	competitive	ADJ
abrj-536	209	50	advantages	advantage	NOUN
abrj-536	209	51	,	,	PUNCT
abrj-536	209	52	and	and	CCONJ
abrj-536	209	53	thus	thus	ADV
abrj-536	209	54	improve	improve	VERB
abrj-536	209	55	their	their	PRON
abrj-536	209	56	level	level	NOUN
abrj-536	209	57	of	of	ADP
abrj-536	209	58	digital	digital	ADJ
abrj-536	209	59	transformation	transformation	NOUN
abrj-536	209	60	.	.	PUNCT
abrj-536	210	1	in	in	ADP
abrj-536	210	2	order	order	NOUN
abrj-536	210	3	to	to	PART
abrj-536	210	4	further	far	ADV
abrj-536	210	5	verify	verify	VERB
abrj-536	210	6	the	the	DET
abrj-536	210	7	moderating	moderate	VERB
abrj-536	210	8	effect	effect	NOUN
abrj-536	210	9	of	of	ADP
abrj-536	210	10	industry	industry	NOUN
abrj-536	210	11	concentration	concentration	NOUN
abrj-536	210	12	,	,	PUNCT
abrj-536	210	13	we	we	PRON
abrj-536	210	14	introduce	introduce	VERB
abrj-536	210	15	the	the	DET
abrj-536	210	16	variable	variable	ADJ
abrj-536	210	17	cdo	cdo	NOUN
abrj-536	210	18	*	*	PUNCT
abrj-536	210	19	lernerindex	lernerindex	PROPN
abrj-536	210	20	,	,	PUNCT
abrj-536	210	21	and	and	CCONJ
abrj-536	210	22	we	we	PRON
abrj-536	210	23	find	find	VERB
abrj-536	210	24	that	that	SCONJ
abrj-536	210	25	its	its	PRON
abrj-536	210	26	coefficient	coefficient	NOUN
abrj-536	210	27	is	be	AUX
abrj-536	210	28	-0.248	-0.248	PUNCT
abrj-536	210	29	and	and	CCONJ
abrj-536	210	30	the	the	DET
abrj-536	210	31	corresponding	correspond	VERB
abrj-536	210	32	p	p	NOUN
abrj-536	210	33	-	-	PUNCT
abrj-536	210	34	value	value	NOUN
abrj-536	210	35	is	be	AUX
abrj-536	210	36	0.000	0.000	NUM
abrj-536	210	37	*	*	PUNCT
abrj-536	210	38	*	*	PUNCT
abrj-536	210	39	*	*	PUNCT
abrj-536	210	40	,	,	PUNCT
abrj-536	210	41	so	so	SCONJ
abrj-536	210	42	we	we	PRON
abrj-536	210	43	can	can	AUX
abrj-536	210	44	draw	draw	VERB
abrj-536	210	45	the	the	DET
abrj-536	210	46	following	following	ADJ
abrj-536	210	47	conclusions	conclusion	NOUN
abrj-536	210	48	that	that	SCONJ
abrj-536	210	49	h2	h2	NOUN
abrj-536	210	50	is	be	AUX
abrj-536	210	51	supported	support	VERB
abrj-536	210	52	,	,	PUNCT
abrj-536	210	53	and	and	CCONJ
abrj-536	210	54	industry	industry	NOUN
abrj-536	210	55	concentration	concentration	NOUN
abrj-536	210	56	can	can	AUX
abrj-536	210	57	negatively	negatively	ADV
abrj-536	210	58	modulate	modulate	VERB
abrj-536	210	59	the	the	DET
abrj-536	210	60	effect	effect	NOUN
abrj-536	210	61	of	of	ADP
abrj-536	210	62	the	the	DET
abrj-536	210	63	orientation	orientation	NOUN
abrj-536	210	64	of	of	ADP
abrj-536	210	65	customer	customer	NOUN
abrj-536	210	66	demand	demand	NOUN
abrj-536	210	67	orientation	orientation	NOUN
abrj-536	210	68	on	on	ADP
abrj-536	210	69	the	the	DET
abrj-536	210	70	level	level	NOUN
abrj-536	210	71	of	of	ADP
abrj-536	210	72	digital	digital	ADJ
abrj-536	210	73	transformation	transformation	NOUN
abrj-536	210	74	.	.	PUNCT
abrj-536	211	1	when	when	SCONJ
abrj-536	211	2	the	the	DET
abrj-536	211	3	competitive	competitive	ADJ
abrj-536	211	4	ability	ability	NOUN
abrj-536	211	5	between	between	ADP
abrj-536	211	6	enterprises	enterprise	NOUN
abrj-536	211	7	in	in	ADP
abrj-536	211	8	the	the	DET
abrj-536	211	9	industry	industry	NOUN
abrj-536	211	10	is	be	AUX
abrj-536	211	11	similar	similar	ADJ
abrj-536	211	12	,	,	PUNCT
abrj-536	211	13	in	in	ADP
abrj-536	211	14	the	the	DET
abrj-536	211	15	face	face	NOUN
abrj-536	211	16	of	of	ADP
abrj-536	211	17	customer	customer	NOUN
abrj-536	211	18	demand	demand	NOUN
abrj-536	211	19	,	,	PUNCT
abrj-536	211	20	only	only	ADV
abrj-536	211	21	the	the	DET
abrj-536	211	22	enterprises	enterprise	NOUN
abrj-536	211	23	that	that	PRON
abrj-536	211	24	take	take	VERB
abrj-536	211	25	the	the	DET
abrj-536	211	26	lead	lead	NOUN
abrj-536	211	27	in	in	ADP
abrj-536	211	28	meeting	meet	VERB
abrj-536	211	29	customer	customer	NOUN
abrj-536	211	30	demand	demand	NOUN
abrj-536	211	31	more	more	ADV
abrj-536	211	32	efficiently	efficiently	ADV
abrj-536	211	33	through	through	ADP
abrj-536	211	34	technological	technological	ADJ
abrj-536	211	35	transformation	transformation	NOUN
abrj-536	211	36	can	can	AUX
abrj-536	211	37	achieve	achieve	VERB
abrj-536	211	38	competitive	competitive	ADJ
abrj-536	211	39	advantage	advantage	NOUN
abrj-536	211	40	;	;	PUNCT
abrj-536	211	41	therefore	therefore	ADV
abrj-536	211	42	,	,	PUNCT
abrj-536	211	43	in	in	ADP
abrj-536	211	44	a	a	DET
abrj-536	211	45	fiercely	fiercely	ADV
abrj-536	211	46	competitive	competitive	ADJ
abrj-536	211	47	environment	environment	NOUN
abrj-536	211	48	,	,	PUNCT
abrj-536	211	49	customer	customer	NOUN
abrj-536	211	50	demand	demand	NOUN
abrj-536	211	51	orientation	orientation	NOUN
abrj-536	211	52	stimulates	stimulate	VERB
abrj-536	211	53	enterprises	enterprise	NOUN
abrj-536	211	54	more	more	ADJ
abrj-536	211	55	to	to	PART
abrj-536	211	56	carry	carry	VERB
abrj-536	211	57	out	out	ADP
abrj-536	211	58	digital	digital	ADJ
abrj-536	211	59	transformation	transformation	NOUN
abrj-536	211	60	.	.	PUNCT
abrj-536	212	1	intense	intense	ADJ
abrj-536	212	2	competition	competition	NOUN
abrj-536	212	3	under	under	ADP
abrj-536	212	4	low	low	ADJ
abrj-536	212	5	industry	industry	NOUN
abrj-536	212	6	concentration	concentration	NOUN
abrj-536	212	7	forces	force	NOUN
abrj-536	212	8	enterprises	enterprise	NOUN
abrj-536	212	9	to	to	PART
abrj-536	212	10	seek	seek	VERB
abrj-536	212	11	differentiation	differentiation	NOUN
abrj-536	212	12	and	and	CCONJ
abrj-536	212	13	innovation	innovation	NOUN
abrj-536	212	14	to	to	PART
abrj-536	212	15	stand	stand	VERB
abrj-536	212	16	out	out	ADP
abrj-536	212	17	in	in	ADP
abrj-536	212	18	the	the	DET
abrj-536	212	19	market	market	NOUN
abrj-536	212	20	.	.	PUNCT
abrj-536	213	1	this	this	DET
abrj-536	213	2	competitive	competitive	ADJ
abrj-536	213	3	pressure	pressure	NOUN
abrj-536	213	4	prompts	prompt	NOUN
abrj-536	213	5	enterprises	enterprise	NOUN
abrj-536	213	6	to	to	PART
abrj-536	213	7	pay	pay	VERB
abrj-536	213	8	more	more	ADJ
abrj-536	213	9	attention	attention	NOUN
abrj-536	213	10	to	to	ADP
abrj-536	213	11	the	the	DET
abrj-536	213	12	personalized	personalize	VERB
abrj-536	213	13	needs	need	NOUN
abrj-536	213	14	of	of	ADP
abrj-536	213	15	customers	customer	NOUN
abrj-536	213	16	,	,	PUNCT
abrj-536	213	17	thus	thus	ADV
abrj-536	213	18	promoting	promote	VERB
abrj-536	213	19	digital	digital	ADJ
abrj-536	213	20	transformation	transformation	NOUN
abrj-536	213	21	.	.	PUNCT
abrj-536	214	1	in	in	ADP
abrj-536	214	2	a	a	DET
abrj-536	214	3	competitive	competitive	ADJ
abrj-536	214	4	market	market	NOUN
abrj-536	214	5	,	,	PUNCT
abrj-536	214	6	customers	customer	NOUN
abrj-536	214	7	have	have	VERB
abrj-536	214	8	more	more	ADJ
abrj-536	214	9	choices	choice	NOUN
abrj-536	214	10	,	,	PUNCT
abrj-536	214	11	so	so	SCONJ
abrj-536	214	12	enterprises	enterprise	NOUN
abrj-536	214	13	are	be	AUX
abrj-536	214	14	more	more	ADV
abrj-536	214	15	willing	willing	ADJ
abrj-536	214	16	to	to	PART
abrj-536	214	17	listen	listen	VERB
abrj-536	214	18	to	to	ADP
abrj-536	214	19	and	and	CCONJ
abrj-536	214	20	satisfy	satisfy	VERB
abrj-536	214	21	customer	customer	NOUN
abrj-536	214	22	demand	demand	NOUN
abrj-536	214	23	,	,	PUNCT
abrj-536	214	24	and	and	CCONJ
abrj-536	214	25	provide	provide	VERB
abrj-536	214	26	customized	customized	ADJ
abrj-536	214	27	services	service	NOUN
abrj-536	214	28	through	through	ADP
abrj-536	214	29	digital	digital	ADJ
abrj-536	214	30	technology	technology	NOUN
abrj-536	214	31	to	to	PART
abrj-536	214	32	gain	gain	VERB
abrj-536	214	33	market	market	NOUN
abrj-536	214	34	share	share	NOUN
abrj-536	214	35	.	.	PUNCT
abrj-536	215	1	model	model	NOUN
abrj-536	215	2	3	3	NUM
abrj-536	215	3	verifies	verifie	NOUN
abrj-536	215	4	the	the	DET
abrj-536	215	5	moderating	moderate	VERB
abrj-536	215	6	role	role	NOUN
abrj-536	215	7	of	of	ADP
abrj-536	215	8	investor	investor	NOUN
abrj-536	215	9	interactive	interactive	ADJ
abrj-536	215	10	response	response	NOUN
abrj-536	215	11	in	in	ADP
abrj-536	215	12	the	the	DET
abrj-536	215	13	relationship	relationship	NOUN
abrj-536	215	14	between	between	ADP
abrj-536	215	15	customer	customer	NOUN
abrj-536	215	16	demand	demand	NOUN
abrj-536	215	17	orientation	orientation	NOUN
abrj-536	215	18	and	and	CCONJ
abrj-536	215	19	the	the	DET
abrj-536	215	20	level	level	NOUN
abrj-536	215	21	of	of	ADP
abrj-536	215	22	digital	digital	ADJ
abrj-536	215	23	transformation	transformation	NOUN
abrj-536	215	24	of	of	ADP
abrj-536	215	25	enterprises	enterprise	NOUN
abrj-536	215	26	.	.	PUNCT
abrj-536	216	1	through	through	ADP
abrj-536	216	2	the	the	DET
abrj-536	216	3	above	above	ADJ
abrj-536	216	4	analysis	analysis	NOUN
abrj-536	216	5	results	result	NOUN
abrj-536	216	6	,	,	PUNCT
abrj-536	216	7	we	we	PRON
abrj-536	216	8	can	can	AUX
abrj-536	216	9	find	find	VERB
abrj-536	216	10	that	that	SCONJ
abrj-536	216	11	the	the	DET
abrj-536	216	12	coefficient	coefficient	NOUN
abrj-536	216	13	corresponding	correspond	VERB
abrj-536	216	14	to	to	ADP
abrj-536	216	15	cdo	cdo	PROPN
abrj-536	216	16	*	*	PUNCT
abrj-536	216	17	reply_interval	reply_interval	PROPN
abrj-536	216	18	is	be	AUX
abrj-536	216	19	-0.004	-0.004	PUNCT
abrj-536	216	20	and	and	CCONJ
abrj-536	216	21	the	the	DET
abrj-536	216	22	corresponding	correspond	VERB
abrj-536	216	23	p	p	NOUN
abrj-536	216	24	-	-	PUNCT
abrj-536	216	25	value	value	NOUN
abrj-536	216	26	is	be	AUX
abrj-536	216	27	0.000	0.000	NUM
abrj-536	216	28	*	*	PUNCT
abrj-536	216	29	,	,	PUNCT
abrj-536	216	30	which	which	PRON
abrj-536	216	31	suggests	suggest	VERB
abrj-536	216	32	that	that	SCONJ
abrj-536	216	33	the	the	DET
abrj-536	216	34	shorter	short	ADJ
abrj-536	216	35	the	the	DET
abrj-536	216	36	response	response	NOUN
abrj-536	216	37	time	time	NOUN
abrj-536	216	38	of	of	ADP
abrj-536	216	39	the	the	DET
abrj-536	216	40	enterprise	enterprise	NOUN
abrj-536	216	41	to	to	ADP
abrj-536	216	42	investor	investor	NOUN
abrj-536	216	43	questions	question	NOUN
abrj-536	216	44	,	,	PUNCT
abrj-536	216	45	the	the	DET
abrj-536	216	46	more	more	ADV
abrj-536	216	47	effective	effective	ADJ
abrj-536	216	48	the	the	DET
abrj-536	216	49	promotion	promotion	NOUN
abrj-536	216	50	of	of	ADP
abrj-536	216	51	customer	customer	NOUN
abrj-536	216	52	demand	demand	NOUN
abrj-536	216	53	orientation	orientation	NOUN
abrj-536	216	54	on	on	ADP
abrj-536	216	55	the	the	DET
abrj-536	216	56	level	level	NOUN
abrj-536	216	57	of	of	ADP
abrj-536	216	58	digital	digital	ADJ
abrj-536	216	59	transformation	transformation	NOUN
abrj-536	216	60	.	.	PUNCT
abrj-536	217	1	we	we	PRON
abrj-536	217	2	can	can	AUX
abrj-536	217	3	conclude	conclude	VERB
abrj-536	217	4	that	that	SCONJ
abrj-536	217	5	h3	h3	NOUN
abrj-536	217	6	holds	hold	VERB
abrj-536	217	7	that	that	SCONJ
abrj-536	217	8	the	the	PRON
abrj-536	217	9	faster	fast	ADV
abrj-536	217	10	the	the	DET
abrj-536	217	11	response	response	NOUN
abrj-536	217	12	time	time	NOUN
abrj-536	217	13	to	to	ADP
abrj-536	217	14	investor	investor	NOUN
abrj-536	217	15	interactions	interaction	NOUN
abrj-536	217	16	of	of	ADP
abrj-536	217	17	listed	list	VERB
abrj-536	217	18	companies	company	NOUN
abrj-536	217	19	,	,	PUNCT
abrj-536	217	20	the	the	DET
abrj-536	217	21	more	more	ADV
abrj-536	217	22	effective	effective	ADJ
abrj-536	217	23	they	they	PRON
abrj-536	217	24	can	can	AUX
abrj-536	217	25	be	be	AUX
abrj-536	217	26	in	in	ADP
abrj-536	217	27	promoting	promote	VERB
abrj-536	217	28	the	the	DET
abrj-536	217	29	impact	impact	NOUN
abrj-536	217	30	of	of	ADP
abrj-536	217	31	customer	customer	NOUN
abrj-536	217	32	demand	demand	NOUN
abrj-536	217	33	orientation	orientation	NOUN
abrj-536	217	34	on	on	ADP
abrj-536	217	35	the	the	DET
abrj-536	217	36	level	level	NOUN
abrj-536	217	37	of	of	ADP
abrj-536	217	38	digital	digital	ADJ
abrj-536	217	39	transformation	transformation	NOUN
abrj-536	217	40	.	.	PUNCT
abrj-536	218	1	a	a	DET
abrj-536	218	2	faster	fast	ADJ
abrj-536	218	3	response	response	NOUN
abrj-536	218	4	rate	rate	NOUN
abrj-536	218	5	of	of	ADP
abrj-536	218	6	investor	investor	NOUN
abrj-536	218	7	interaction	interaction	NOUN
abrj-536	218	8	helps	help	VERB
abrj-536	218	9	to	to	PART
abrj-536	218	10	reduce	reduce	VERB
abrj-536	218	11	the	the	DET
abrj-536	218	12	information	information	NOUN
abrj-536	218	13	asymmetry	asymmetry	NOUN
abrj-536	218	14	between	between	ADP
abrj-536	218	15	enterprises	enterprise	NOUN
abrj-536	218	16	and	and	CCONJ
abrj-536	218	17	investors	investor	NOUN
abrj-536	218	18	,	,	PUNCT
abrj-536	218	19	which	which	PRON
abrj-536	218	20	makes	make	VERB
abrj-536	218	21	enterprises	enterprise	NOUN
abrj-536	218	22	more	more	ADV
abrj-536	218	23	aware	aware	ADJ
abrj-536	218	24	of	of	ADP
abrj-536	218	25	market	market	NOUN
abrj-536	218	26	demand	demand	NOUN
abrj-536	218	27	and	and	CCONJ
abrj-536	218	28	investor	investor	NOUN
abrj-536	218	29	concerns	concern	NOUN
abrj-536	218	30	.	.	PUNCT
abrj-536	219	1	reducing	reduce	VERB
abrj-536	219	2	information	information	NOUN
abrj-536	219	3	asymmetry	asymmetry	NOUN
abrj-536	219	4	helps	help	VERB
abrj-536	219	5	enterprises	enterprise	NOUN
abrj-536	219	6	more	more	ADV
abrj-536	219	7	accurately	accurately	ADV
abrj-536	219	8	grasp	grasp	VERB
abrj-536	219	9	market	market	NOUN
abrj-536	219	10	dynamics	dynamic	NOUN
abrj-536	219	11	,	,	PUNCT
abrj-536	219	12	better	well	ADV
abrj-536	219	13	meet	meet	VERB
abrj-536	219	14	customer	customer	NOUN
abrj-536	219	15	demand	demand	NOUN
abrj-536	219	16	,	,	PUNCT
abrj-536	219	17	and	and	CCONJ
abrj-536	219	18	promote	promote	VERB
abrj-536	219	19	the	the	DET
abrj-536	219	20	in	in	ADP
abrj-536	219	21	-	-	PUNCT
abrj-536	219	22	depth	depth	NOUN
abrj-536	219	23	implementation	implementation	NOUN
abrj-536	219	24	of	of	ADP
abrj-536	219	25	digital	digital	ADJ
abrj-536	219	26	transformation	transformation	NOUN
abrj-536	219	27	.	.	PUNCT
abrj-536	220	1	rapidly	rapidly	ADV
abrj-536	220	2	responding	respond	VERB
abrj-536	220	3	to	to	ADP
abrj-536	220	4	investor	investor	NOUN
abrj-536	220	5	opinions	opinion	NOUN
abrj-536	220	6	and	and	CCONJ
abrj-536	220	7	issues	issue	NOUN
abrj-536	220	8	enables	enable	VERB
abrj-536	220	9	companies	company	NOUN
abrj-536	220	10	to	to	PART
abrj-536	220	11	adjust	adjust	VERB
abrj-536	220	12	their	their	PRON
abrj-536	220	13	strategies	strategy	NOUN
abrj-536	220	14	more	more	ADV
abrj-536	220	15	quickly	quickly	ADV
abrj-536	220	16	and	and	CCONJ
abrj-536	220	17	better	well	ADV
abrj-536	220	18	adapt	adapt	VERB
abrj-536	220	19	to	to	ADP
abrj-536	220	20	market	market	NOUN
abrj-536	220	21	demand	demand	NOUN
abrj-536	220	22	.	.	PUNCT
abrj-536	221	1	faster	fast	ADJ
abrj-536	221	2	strategic	strategic	ADJ
abrj-536	221	3	adjustments	adjustment	NOUN
abrj-536	221	4	enable	enable	VERB
abrj-536	221	5	companies	company	NOUN
abrj-536	221	6	to	to	PART
abrj-536	221	7	meet	meet	VERB
abrj-536	221	8	customer	customer	NOUN
abrj-536	221	9	demand	demand	NOUN
abrj-536	221	10	more	more	ADV
abrj-536	221	11	flexibly	flexibly	ADV
abrj-536	221	12	,	,	PUNCT
abrj-536	221	13	thus	thus	ADV
abrj-536	221	14	promoting	promote	VERB
abrj-536	221	15	the	the	DET
abrj-536	221	16	smooth	smooth	ADJ
abrj-536	221	17	implementation	implementation	NOUN
abrj-536	221	18	of	of	ADP
abrj-536	221	19	digital	digital	ADJ
abrj-536	221	20	transformation	transformation	NOUN
abrj-536	221	21	.	.	PUNCT
abrj-536	222	1	4.2	4.2	NUM
abrj-536	222	2	.	.	PUNCT
abrj-536	222	3	causality	causality	NOUN
abrj-536	222	4	test	test	NOUN
abrj-536	222	5	in	in	ADP
abrj-536	222	6	order	order	NOUN
abrj-536	222	7	to	to	PART
abrj-536	222	8	conduct	conduct	VERB
abrj-536	222	9	a	a	DET
abrj-536	222	10	reverse	reverse	ADJ
abrj-536	222	11	causality	causality	NOUN
abrj-536	222	12	test	test	NOUN
abrj-536	222	13	for	for	ADP
abrj-536	222	14	the	the	DET
abrj-536	222	15	effect	effect	NOUN
abrj-536	222	16	of	of	ADP
abrj-536	222	17	cdo	cdo	PROPN
abrj-536	222	18	on	on	ADP
abrj-536	222	19	ldt	ldt	PROPN
abrj-536	222	20	,	,	PUNCT
abrj-536	222	21	we	we	PRON
abrj-536	222	22	select	select	VERB
abrj-536	222	23	the	the	DET
abrj-536	222	24	last	last	ADJ
abrj-536	222	25	three	three	NUM
abrj-536	222	26	years	year	NOUN
abrj-536	222	27	of	of	ADP
abrj-536	222	28	data	datum	NOUN
abrj-536	222	29	in	in	ADP
abrj-536	222	30	2020	2020	NUM
abrj-536	222	31	to	to	PART
abrj-536	222	32	conduct	conduct	VERB
abrj-536	222	33	a	a	DET
abrj-536	222	34	granger	granger	PROPN
abrj-536	222	35	causality	causality	NOUN
abrj-536	222	36	test	test	NOUN
abrj-536	222	37	with	with	ADP
abrj-536	222	38	a	a	DET
abrj-536	222	39	lag	lag	NOUN
abrj-536	222	40	order	order	NOUN
abrj-536	222	41	of	of	ADP
abrj-536	222	42	2	2	NUM
abrj-536	222	43	.	.	PUNCT
abrj-536	223	1	the	the	DET
abrj-536	223	2	results	result	NOUN
abrj-536	223	3	of	of	ADP
abrj-536	223	4	the	the	DET
abrj-536	223	5	adf	adf	NOUN
abrj-536	223	6	test	test	NOUN
abrj-536	223	7	can	can	AUX
abrj-536	223	8	be	be	AUX
abrj-536	223	9	seen	see	VERB
abrj-536	223	10	in	in	ADP
abrj-536	223	11	table	table	NOUN
abrj-536	223	12	8	8	NUM
abrj-536	223	13	.	.	PUNCT
abrj-536	223	14	table	table	NOUN
abrj-536	223	15	8	8	NUM
abrj-536	223	16	.	.	PUNCT
abrj-536	224	1	adf	adf	NOUN
abrj-536	224	2	test	test	NOUN
abrj-536	224	3	results	result	NOUN
abrj-536	224	4	.	.	PUNCT
abrj-536	225	1	variable	variable	NOUN
abrj-536	225	2	t	t	PROPN
abrj-536	225	3	p	p	NOUN
abrj-536	225	4	threshold	threshold	NOUN
abrj-536	225	5	value	value	NOUN
abrj-536	225	6	1	1	NUM
abrj-536	225	7	%	%	NOUN
abrj-536	225	8	5	5	NUM
abrj-536	225	9	%	%	NOUN
abrj-536	225	10	10	10	NUM
abrj-536	225	11	%	%	NOUN
abrj-536	225	12	cdo	cdo	NOUN
abrj-536	225	13	-5.083	-5.083	PUNCT
abrj-536	225	14	0.000	0.000	NUM
abrj-536	225	15	*	*	PUNCT
abrj-536	225	16	*	*	PUNCT
abrj-536	225	17	*	*	PUNCT
abrj-536	225	18	-3.435	-3.435	SYM
abrj-536	225	19	-2.864	-2.864	NUM
abrj-536	225	20	-2.568	-2.568	PROPN
abrj-536	225	21	ldt	ldt	PROPN
abrj-536	225	22	-20.15	-20.15	PROPN
abrj-536	225	23	0.000	0.000	NUM
abrj-536	225	24	*	*	PUNCT
abrj-536	226	1	*	*	PUNCT
abrj-536	226	2	*	*	PUNCT
abrj-536	226	3	-3.435	-3.435	SYM
abrj-536	226	4	-2.864	-2.864	NUM
abrj-536	226	5	-2.568	-2.568	NOUN
abrj-536	226	6	based	base	VERB
abrj-536	226	7	on	on	ADP
abrj-536	226	8	the	the	DET
abrj-536	226	9	variable	variable	ADJ
abrj-536	226	10	cdo	cdo	PROPN
abrj-536	226	11	shrinkage	shrinkage	NOUN
abrj-536	226	12	treatment	treatment	NOUN
abrj-536	226	13	,	,	PUNCT
abrj-536	226	14	the	the	DET
abrj-536	226	15	significance	significance	NOUN
abrj-536	226	16	p	p	NOUN
abrj-536	226	17	-	-	PUNCT
abrj-536	226	18	value	value	NOUN
abrj-536	226	19	is	be	AUX
abrj-536	226	20	0.000	0.000	NUM
abrj-536	226	21	*	*	PUNCT
abrj-536	226	22	*	*	PUNCT
abrj-536	226	23	*	*	PUNCT
abrj-536	226	24	,	,	PUNCT
abrj-536	226	25	presenting	present	VERB
abrj-536	226	26	significance	significance	NOUN
abrj-536	226	27	and	and	CCONJ
abrj-536	226	28	rejecting	reject	VERB
abrj-536	226	29	the	the	DET
abrj-536	226	30	original	original	ADJ
abrj-536	226	31	hypothesis	hypothesis	NOUN
abrj-536	226	32	that	that	PRON
abrj-536	226	33	the	the	DET
abrj-536	226	34	series	series	NOUN
abrj-536	226	35	is	be	AUX
abrj-536	226	36	a	a	DET
abrj-536	226	37	smooth	smooth	ADJ
abrj-536	226	38	time	time	NOUN
abrj-536	226	39	series	series	NOUN
abrj-536	226	40	.	.	PUNCT
abrj-536	227	1	based	base	VERB
abrj-536	227	2	on	on	ADP
abrj-536	227	3	the	the	DET
abrj-536	227	4	variable	variable	PROPN
abrj-536	227	5	ldt	ldt	PROPN
abrj-536	227	6	,	,	PUNCT
abrj-536	227	7	the	the	DET
abrj-536	227	8	significance	significance	NOUN
abrj-536	227	9	p	p	NOUN
abrj-536	227	10	-	-	PUNCT
abrj-536	227	11	value	value	NOUN
abrj-536	227	12	is	be	AUX
abrj-536	227	13	0.000	0.000	NUM
abrj-536	227	14	*	*	PUNCT
abrj-536	227	15	*	*	PUNCT
abrj-536	227	16	*	*	PUNCT
abrj-536	227	17	,	,	PUNCT
abrj-536	227	18	presenting	present	VERB
abrj-536	227	19	significance	significance	NOUN
abrj-536	227	20	and	and	CCONJ
abrj-536	227	21	rejecting	reject	VERB
abrj-536	227	22	the	the	DET
abrj-536	227	23	original	original	ADJ
abrj-536	227	24	hypothesis	hypothesis	NOUN
abrj-536	227	25	that	that	PRON
abrj-536	227	26	the	the	DET
abrj-536	227	27	series	series	NOUN
abrj-536	227	28	is	be	AUX
abrj-536	227	29	a	a	DET
abrj-536	227	30	smooth	smooth	ADJ
abrj-536	227	31	time	time	NOUN
abrj-536	227	32	series	series	NOUN
abrj-536	227	33	.	.	PUNCT
abrj-536	228	1	granger	granger	PROPN
abrj-536	228	2	causality	causality	PROPN
abrj-536	228	3	tests	test	NOUN
abrj-536	228	4	were	be	AUX
abrj-536	228	5	conducted	conduct	VERB
abrj-536	228	6	on	on	ADP
abrj-536	228	7	cdo	cdo	PROPN
abrj-536	228	8	and	and	CCONJ
abrj-536	228	9	ldt	ldt	PROPN
abrj-536	228	10	and	and	CCONJ
abrj-536	228	11	the	the	DET
abrj-536	228	12	results	result	NOUN
abrj-536	228	13	of	of	ADP
abrj-536	228	14	the	the	DET
abrj-536	228	15	tests	test	NOUN
abrj-536	228	16	are	be	AUX
abrj-536	228	17	shown	show	VERB
abrj-536	228	18	in	in	ADP
abrj-536	228	19	table	table	NOUN
abrj-536	228	20	9	9	NUM
abrj-536	228	21	.	.	PUNCT
abrj-536	228	22	table	table	NOUN
abrj-536	228	23	9	9	NUM
abrj-536	228	24	.	.	PUNCT
abrj-536	229	1	granger	granger	PROPN
abrj-536	229	2	causality	causality	PROPN
abrj-536	229	3	test	test	NOUN
abrj-536	229	4	results	result	NOUN
abrj-536	229	5	.	.	PUNCT
abrj-536	230	1	matched	match	VERB
abrj-536	230	2	sample	sample	NOUN
abrj-536	230	3	f	f	PROPN
abrj-536	230	4	p	p	PROPN
abrj-536	230	5	cdo	cdo	PROPN
abrj-536	230	6	ldt	ldt	PROPN
abrj-536	230	7	6.774	6.774	NUM
abrj-536	230	8	0.001	0.001	NUM
abrj-536	230	9	*	*	PUNCT
abrj-536	230	10	*	*	PUNCT
abrj-536	230	11	*	*	PUNCT
abrj-536	230	12	ldt	ldt	PROPN
abrj-536	230	13	cdo	cdo	NOUN
abrj-536	230	14	0.203	0.203	NUM
abrj-536	230	15	0.816	0.816	NUM
abrj-536	230	16	based	base	VERB
abrj-536	230	17	on	on	ADP
abrj-536	230	18	the	the	DET
abrj-536	230	19	variable	variable	ADJ
abrj-536	230	20	cdo	cdo	NOUN
abrj-536	230	21	with	with	ADP
abrj-536	230	22	ldt	ldt	PROPN
abrj-536	230	23	,	,	PUNCT
abrj-536	230	24	the	the	DET
abrj-536	230	25	significance	significance	NOUN
abrj-536	230	26	p	p	NOUN
abrj-536	230	27	-	-	PUNCT
abrj-536	230	28	value	value	NOUN
abrj-536	230	29	is	be	AUX
abrj-536	230	30	0.001	0.001	NUM
abrj-536	230	31	*	*	NOUN
abrj-536	230	32	*	*	PUNCT
abrj-536	230	33	*	*	PUNCT
abrj-536	230	34	,	,	PUNCT
abrj-536	230	35	presenting	present	VERB
abrj-536	230	36	significance	significance	NOUN
abrj-536	230	37	and	and	CCONJ
abrj-536	230	38	rejecting	reject	VERB
abrj-536	230	39	the	the	DET
abrj-536	230	40	original	original	ADJ
abrj-536	230	41	hypothesis	hypothesis	NOUN
abrj-536	230	42	,	,	PUNCT
abrj-536	230	43	that	that	SCONJ
abrj-536	230	44	cdo	cdo	NOUN
abrj-536	230	45	can	can	AUX
abrj-536	230	46	cause	cause	VERB
abrj-536	230	47	changes	change	NOUN
abrj-536	230	48	in	in	ADP
abrj-536	230	49	ldt	ldt	PROPN
abrj-536	230	50	.	.	PUNCT
abrj-536	231	1	based	base	VERB
abrj-536	231	2	on	on	ADP
abrj-536	231	3	the	the	DET
abrj-536	231	4	variable	variable	ADJ
abrj-536	231	5	ldt	ldt	PROPN
abrj-536	231	6	with	with	ADP
abrj-536	231	7	cdo	cdo	PROPN
abrj-536	231	8	,	,	PUNCT
abrj-536	231	9	the	the	DET
abrj-536	231	10	significance	significance	NOUN
abrj-536	231	11	p	p	NOUN
abrj-536	231	12	-	-	PUNCT
abrj-536	231	13	value	value	NOUN
abrj-536	231	14	is	be	AUX
abrj-536	231	15	0.816	0.816	NUM
abrj-536	231	16	,	,	PUNCT
abrj-536	231	17	which	which	PRON
abrj-536	231	18	does	do	AUX
abrj-536	231	19	not	not	PART
abrj-536	231	20	present	present	VERB
abrj-536	231	21	significance	significance	NOUN
abrj-536	231	22	,	,	PUNCT
abrj-536	231	23	and	and	CCONJ
abrj-536	231	24	the	the	DET
abrj-536	231	25	original	original	ADJ
abrj-536	231	26	hypothesis	hypothesis	NOUN
abrj-536	231	27	can	can	AUX
abrj-536	231	28	not	not	PART
abrj-536	231	29	be	be	AUX
abrj-536	231	30	rejected	reject	VERB
abrj-536	231	31	,	,	PUNCT
abrj-536	231	32	i.e.	i.e.	X
abrj-536	231	33	,	,	PUNCT
abrj-536	231	34	ldt	ldt	PROPN
abrj-536	231	35	can	can	AUX
abrj-536	231	36	not	not	PART
abrj-536	231	37	cause	cause	VERB
abrj-536	231	38	changes	change	NOUN
abrj-536	231	39	in	in	ADP
abrj-536	231	40	cdo	cdo	PROPN
abrj-536	231	41	.	.	PUNCT
abrj-536	232	1	therefore	therefore	ADV
abrj-536	232	2	,	,	PUNCT
abrj-536	232	3	there	there	PRON
abrj-536	232	4	is	be	VERB
abrj-536	232	5	no	no	DET
abrj-536	232	6	reverse	reverse	ADJ
abrj-536	232	7	causality	causality	NOUN
abrj-536	232	8	between	between	ADP
abrj-536	232	9	cdo	cdo	PROPN
abrj-536	232	10	and	and	CCONJ
abrj-536	232	11	ldt	ldt	PROPN
abrj-536	232	12	.	.	PUNCT
abrj-536	233	1	asian	asian	PROPN
abrj-536	233	2	business	business	PROPN
abrj-536	233	3	research	research	NOUN
abrj-536	233	4	journal	journal	NOUN
abrj-536	233	5	,	,	PUNCT
abrj-536	233	6	2025	2025	NUM
abrj-536	233	7	,	,	PUNCT
abrj-536	233	8	10(8	10(8	NUM
abrj-536	233	9	):	):	PUNCT
abrj-536	233	10	49	49	NUM
abrj-536	233	11	-	-	SYM
abrj-536	233	12	58	58	NUM
abrj-536	233	13	57	57	NUM
abrj-536	233	14	©	©	PROPN
abrj-536	233	15	2025	2025	NUM
abrj-536	233	16	by	by	ADP
abrj-536	233	17	the	the	DET
abrj-536	233	18	authors	author	NOUN
abrj-536	233	19	;	;	PUNCT
abrj-536	233	20	licensee	licensee	NOUN
abrj-536	233	21	eastern	eastern	ADJ
abrj-536	233	22	centre	centre	NOUN
abrj-536	233	23	of	of	ADP
abrj-536	233	24	science	science	NOUN
abrj-536	233	25	and	and	CCONJ
abrj-536	233	26	education	education	NOUN
abrj-536	233	27	,	,	PUNCT
abrj-536	233	28	usa	usa	PROPN
abrj-536	233	29	4.3	4.3	NUM
abrj-536	233	30	.	.	PUNCT
abrj-536	234	1	robustness	robustness	NOUN
abrj-536	234	2	checks	check	NOUN
abrj-536	234	3	in	in	ADP
abrj-536	234	4	order	order	NOUN
abrj-536	234	5	to	to	PART
abrj-536	234	6	avoid	avoid	VERB
abrj-536	234	7	the	the	DET
abrj-536	234	8	problem	problem	NOUN
abrj-536	234	9	of	of	ADP
abrj-536	234	10	endogeneity	endogeneity	NOUN
abrj-536	234	11	to	to	PART
abrj-536	234	12	affect	affect	VERB
abrj-536	234	13	the	the	DET
abrj-536	234	14	results	result	NOUN
abrj-536	235	1	,	,	PUNCT
abrj-536	235	2	we	we	PRON
abrj-536	235	3	changed	change	VERB
abrj-536	235	4	the	the	DET
abrj-536	235	5	measure	measure	NOUN
abrj-536	235	6	of	of	ADP
abrj-536	235	7	the	the	DET
abrj-536	235	8	outcome	outcome	NOUN
abrj-536	235	9	variables	variable	NOUN
abrj-536	235	10	to	to	PART
abrj-536	235	11	avoid	avoid	VERB
abrj-536	235	12	the	the	DET
abrj-536	235	13	problem	problem	NOUN
abrj-536	235	14	of	of	ADP
abrj-536	235	15	endogeneity	endogeneity	NOUN
abrj-536	235	16	.	.	PUNCT
abrj-536	236	1	considering	consider	VERB
abrj-536	236	2	that	that	SCONJ
abrj-536	236	3	there	there	PRON
abrj-536	236	4	are	be	VERB
abrj-536	236	5	various	various	ADJ
abrj-536	236	6	ways	way	NOUN
abrj-536	236	7	to	to	PART
abrj-536	236	8	measure	measure	VERB
abrj-536	236	9	the	the	DET
abrj-536	236	10	level	level	NOUN
abrj-536	236	11	of	of	ADP
abrj-536	236	12	digital	digital	ADJ
abrj-536	236	13	transformation	transformation	NOUN
abrj-536	236	14	,	,	PUNCT
abrj-536	236	15	different	different	ADJ
abrj-536	236	16	measures	measure	NOUN
abrj-536	236	17	may	may	AUX
abrj-536	236	18	affect	affect	VERB
abrj-536	236	19	this	this	DET
abrj-536	236	20	paper	paper	NOUN
abrj-536	236	21	's	's	PART
abrj-536	236	22	results	result	NOUN
abrj-536	236	23	.	.	PUNCT
abrj-536	237	1	in	in	ADP
abrj-536	237	2	order	order	NOUN
abrj-536	237	3	to	to	PART
abrj-536	237	4	further	far	ADV
abrj-536	237	5	calibrate	calibrate	VERB
abrj-536	237	6	the	the	DET
abrj-536	237	7	robustness	robustness	NOUN
abrj-536	237	8	of	of	ADP
abrj-536	237	9	the	the	DET
abrj-536	237	10	model	model	NOUN
abrj-536	237	11	,	,	PUNCT
abrj-536	237	12	we	we	PRON
abrj-536	237	13	chose	choose	VERB
abrj-536	237	14	the	the	DET
abrj-536	237	15	digital	digital	ADJ
abrj-536	237	16	transformation	transformation	NOUN
abrj-536	237	17	index	index	NOUN
abrj-536	237	18	in	in	ADP
abrj-536	237	19	the	the	DET
abrj-536	237	20	csmar	csmar	PROPN
abrj-536	237	21	database	database	NOUN
abrj-536	237	22	to	to	PART
abrj-536	237	23	replace	replace	VERB
abrj-536	237	24	our	our	PRON
abrj-536	237	25	outcome	outcome	NOUN
abrj-536	237	26	variables	variable	NOUN
abrj-536	237	27	.	.	PUNCT
abrj-536	238	1	the	the	DET
abrj-536	238	2	regression	regression	NOUN
abrj-536	238	3	results	result	NOUN
abrj-536	238	4	are	be	AUX
abrj-536	238	5	shown	show	VERB
abrj-536	238	6	in	in	ADP
abrj-536	238	7	table	table	NOUN
abrj-536	238	8	10	10	NUM
abrj-536	238	9	.	.	PUNCT
abrj-536	238	10	table	table	NOUN
abrj-536	238	11	10	10	NUM
abrj-536	238	12	.	.	PUNCT
abrj-536	239	1	robustness	robustness	NOUN
abrj-536	239	2	check	check	NOUN
abrj-536	239	3	results	result	NOUN
abrj-536	239	4	.	.	PUNCT
abrj-536	240	1	variable	variable	ADJ
abrj-536	240	2	model	model	NOUN
abrj-536	240	3	4	4	NUM
abrj-536	240	4	model	model	NOUN
abrj-536	240	5	5	5	NUM
abrj-536	240	6	model	model	NOUN
abrj-536	240	7	6	6	NUM
abrj-536	240	8	age	age	NOUN
abrj-536	240	9	-0.011	-0.011	PRON
abrj-536	240	10	(	(	PUNCT
abrj-536	240	11	0.019	0.019	NUM
abrj-536	240	12	)	)	PUNCT
abrj-536	240	13	-0.008	-0.008	NOUN
abrj-536	240	14	(	(	PUNCT
abrj-536	240	15	0.019	0.019	NUM
abrj-536	240	16	)	)	PUNCT
abrj-536	240	17	-0.011	-0.011	NOUN
abrj-536	240	18	(	(	PUNCT
abrj-536	240	19	0.019	0.019	NUM
abrj-536	240	20	)	)	PUNCT
abrj-536	240	21	size	size	NOUN
abrj-536	240	22	0.032	0.032	NUM
abrj-536	240	23	*	*	PUNCT
abrj-536	240	24	*	*	PUNCT
abrj-536	240	25	*	*	PUNCT
abrj-536	240	26	(	(	PUNCT
abrj-536	240	27	0.003	0.003	NUM
abrj-536	240	28	)	)	PUNCT
abrj-536	240	29	0.033	0.033	NUM
abrj-536	240	30	*	*	PUNCT
abrj-536	240	31	*	*	PUNCT
abrj-536	240	32	*	*	PUNCT
abrj-536	240	33	(	(	PUNCT
abrj-536	240	34	0.003	0.003	NUM
abrj-536	240	35	)	)	PUNCT
abrj-536	240	36	0.032	0.032	NUM
abrj-536	240	37	*	*	PUNCT
abrj-536	240	38	*	*	PUNCT
abrj-536	240	39	*	*	PUNCT
abrj-536	240	40	(	(	PUNCT
abrj-536	240	41	0.003	0.003	NUM
abrj-536	240	42	)	)	PUNCT
abrj-536	240	43	soe	soe	PROPN
abrj-536	240	44	-0.004	-0.004	PUNCT
abrj-536	240	45	(	(	PUNCT
abrj-536	240	46	0.006	0.006	NUM
abrj-536	240	47	)	)	PUNCT
abrj-536	240	48	-0.003	-0.003	NOUN
abrj-536	240	49	(	(	PUNCT
abrj-536	240	50	0.006	0.006	NUM
abrj-536	240	51	)	)	PUNCT
abrj-536	240	52	-0.004	-0.004	PUNCT
abrj-536	240	53	(	(	PUNCT
abrj-536	240	54	0.006	0.006	NUM
abrj-536	240	55	)	)	PUNCT
abrj-536	240	56	growth	growth	NOUN
abrj-536	240	57	-0.012	-0.012	NOUN
abrj-536	240	58	*	*	PUNCT
abrj-536	240	59	*	*	PUNCT
abrj-536	240	60	*	*	PUNCT
abrj-536	240	61	(	(	PUNCT
abrj-536	240	62	0.004	0.004	NUM
abrj-536	240	63	)	)	PUNCT
abrj-536	240	64	-0.013	-0.013	PUNCT
abrj-536	240	65	*	*	PUNCT
abrj-536	240	66	*	*	PUNCT
abrj-536	240	67	*	*	PUNCT
abrj-536	240	68	(	(	PUNCT
abrj-536	240	69	0.004	0.004	NUM
abrj-536	240	70	)	)	PUNCT
abrj-536	240	71	-0.012	-0.012	NOUN
abrj-536	240	72	*	*	PUNCT
abrj-536	240	73	*	*	PUNCT
abrj-536	240	74	*	*	PUNCT
abrj-536	240	75	(	(	PUNCT
abrj-536	240	76	0.004	0.004	NUM
abrj-536	240	77	)	)	PUNCT
abrj-536	240	78	leverage	leverage	NOUN
abrj-536	240	79	-0.003	-0.003	NOUN
abrj-536	240	80	*	*	PUNCT
abrj-536	240	81	*	*	PUNCT
abrj-536	240	82	*	*	PUNCT
abrj-536	240	83	(	(	PUNCT
abrj-536	240	84	0.001	0.001	NUM
abrj-536	240	85	)	)	PUNCT
abrj-536	240	86	-0.003	-0.003	NOUN
abrj-536	241	1	*	*	PUNCT
abrj-536	241	2	*	*	PUNCT
abrj-536	241	3	*	*	PUNCT
abrj-536	241	4	(	(	PUNCT
abrj-536	241	5	0.001	0.001	NUM
abrj-536	241	6	)	)	PUNCT
abrj-536	241	7	-0.003	-0.003	NOUN
abrj-536	241	8	*	*	PUNCT
abrj-536	241	9	*	*	PUNCT
abrj-536	241	10	*	*	PUNCT
abrj-536	241	11	(	(	PUNCT
abrj-536	241	12	0.001	0.001	NUM
abrj-536	241	13	)	)	PUNCT
abrj-536	241	14	roa	roa	NOUN
abrj-536	241	15	-0.014	-0.014	PROPN
abrj-536	241	16	(	(	PUNCT
abrj-536	241	17	0.012	0.012	NUM
abrj-536	241	18	)	)	PUNCT
abrj-536	241	19	-0.009	-0.009	X
abrj-536	241	20	(	(	PUNCT
abrj-536	241	21	0.012	0.012	NUM
abrj-536	241	22	)	)	PUNCT
abrj-536	241	23	-0.014	-0.014	NOUN
abrj-536	241	24	(	(	PUNCT
abrj-536	241	25	0.012	0.012	NUM
abrj-536	241	26	)	)	PUNCT
abrj-536	241	27	tato	tato	NOUN
abrj-536	241	28	0.011	0.011	NUM
abrj-536	242	1	*	*	NOUN
abrj-536	242	2	*	*	PUNCT
abrj-536	242	3	(	(	PUNCT
abrj-536	242	4	0.005	0.005	NUM
abrj-536	242	5	)	)	PUNCT
abrj-536	242	6	0.012	0.012	NUM
abrj-536	242	7	*	*	PUNCT
abrj-536	242	8	*	*	PUNCT
abrj-536	242	9	(	(	PUNCT
abrj-536	242	10	0.005	0.005	NUM
abrj-536	242	11	)	)	PUNCT
abrj-536	242	12	0.011	0.011	NUM
abrj-536	242	13	*	*	PUNCT
abrj-536	242	14	*	*	PUNCT
abrj-536	242	15	(	(	PUNCT
abrj-536	242	16	0.005	0.005	NUM
abrj-536	242	17	)	)	PUNCT
abrj-536	242	18	mtb	mtb	NOUN
abrj-536	242	19	-0.028	-0.028	NOUN
abrj-536	242	20	*	*	PUNCT
abrj-536	242	21	*	*	PUNCT
abrj-536	242	22	*	*	PUNCT
abrj-536	242	23	(	(	PUNCT
abrj-536	242	24	0.011	0.011	NUM
abrj-536	242	25	)	)	PUNCT
abrj-536	242	26	-0.03	-0.03	NOUN
abrj-536	242	27	*	*	PUNCT
abrj-536	242	28	*	*	PUNCT
abrj-536	242	29	*	*	PUNCT
abrj-536	242	30	(	(	PUNCT
abrj-536	242	31	0.011	0.011	NUM
abrj-536	242	32	)	)	PUNCT
abrj-536	242	33	-0.028	-0.028	PROPN
abrj-536	242	34	*	*	PUNCT
abrj-536	242	35	*	*	PUNCT
abrj-536	242	36	(	(	PUNCT
abrj-536	242	37	0.011	0.011	NUM
abrj-536	242	38	)	)	PUNCT
abrj-536	242	39	tobin	tobin	NOUN
abrj-536	242	40	's	's	PART
abrj-536	242	41	q	q	NOUN
abrj-536	242	42	0	0	NUM
abrj-536	242	43	(	(	PUNCT
abrj-536	242	44	0.001	0.001	NUM
abrj-536	242	45	)	)	PUNCT
abrj-536	242	46	0	0	NUM
abrj-536	242	47	(	(	PUNCT
abrj-536	242	48	0.001	0.001	NUM
abrj-536	242	49	)	)	PUNCT
abrj-536	242	50	0	0	NUM
abrj-536	242	51	(	(	PUNCT
abrj-536	242	52	0.001	0.001	NUM
abrj-536	242	53	)	)	PUNCT
abrj-536	242	54	tangibility	tangibility	NOUN
abrj-536	242	55	-0.02	-0.02	NUM
abrj-536	242	56	(	(	PUNCT
abrj-536	242	57	0.016	0.016	NUM
abrj-536	242	58	)	)	PUNCT
abrj-536	242	59	-0.019	-0.019	PUNCT
abrj-536	242	60	(	(	PUNCT
abrj-536	242	61	0.016	0.016	NUM
abrj-536	242	62	)	)	PUNCT
abrj-536	242	63	-0.018	-0.018	PUNCT
abrj-536	242	64	(	(	PUNCT
abrj-536	242	65	0.016	0.016	NUM
abrj-536	242	66	)	)	PUNCT
abrj-536	242	67	cdo	cdo	NOUN
abrj-536	242	68	0.101	0.101	NUM
abrj-536	242	69	*	*	PUNCT
abrj-536	242	70	*	*	PUNCT
abrj-536	242	71	*	*	PUNCT
abrj-536	242	72	(	(	PUNCT
abrj-536	242	73	0.002	0.002	NUM
abrj-536	242	74	)	)	PUNCT
abrj-536	242	75	0.102	0.102	NUM
abrj-536	242	76	*	*	PUNCT
abrj-536	242	77	*	*	PUNCT
abrj-536	242	78	*	*	PUNCT
abrj-536	242	79	(	(	PUNCT
abrj-536	242	80	0.002	0.002	NUM
abrj-536	242	81	)	)	PUNCT
abrj-536	243	1	0.101	0.101	NUM
abrj-536	243	2	*	*	PUNCT
abrj-536	243	3	*	*	PUNCT
abrj-536	243	4	*	*	PUNCT
abrj-536	243	5	(	(	PUNCT
abrj-536	243	6	0.002	0.002	NUM
abrj-536	243	7	)	)	PUNCT
abrj-536	243	8	lernerindex	lernerindex	NOUN
abrj-536	243	9	-0.308	-0.308	NOUN
abrj-536	243	10	*	*	PUNCT
abrj-536	243	11	*	*	PUNCT
abrj-536	243	12	*	*	PUNCT
abrj-536	243	13	(	(	PUNCT
abrj-536	243	14	0.046	0.046	NUM
abrj-536	243	15	)	)	PUNCT
abrj-536	243	16	cdo*lernerindex	cdo*lernerindex	NOUN
abrj-536	243	17	-0.108	-0.108	NOUN
abrj-536	243	18	*	*	PUNCT
abrj-536	243	19	*	*	PUNCT
abrj-536	243	20	*	*	PUNCT
abrj-536	243	21	(	(	PUNCT
abrj-536	243	22	0.034	0.034	NUM
abrj-536	243	23	)	)	PUNCT
abrj-536	243	24	reply_interval	reply_interval	NOUN
abrj-536	243	25	0.001	0.001	NUM
abrj-536	243	26	(	(	PUNCT
abrj-536	243	27	0.001	0.001	NUM
abrj-536	243	28	)	)	PUNCT
abrj-536	243	29	cdo*reply_interval	cdo*reply_interval	NOUN
abrj-536	243	30	-0.003	-0.003	NOUN
abrj-536	243	31	*	*	PUNCT
abrj-536	243	32	*	*	PUNCT
abrj-536	243	33	(	(	PUNCT
abrj-536	243	34	0.001	0.001	NUM
abrj-536	243	35	)	)	PUNCT
abrj-536	243	36	const	const	ADP
abrj-536	243	37	2.934	2.934	NUM
abrj-536	243	38	*	*	PUNCT
abrj-536	243	39	*	*	PUNCT
abrj-536	243	40	*	*	PUNCT
abrj-536	243	41	(	(	PUNCT
abrj-536	243	42	0.086	0.086	NUM
abrj-536	243	43	)	)	PUNCT
abrj-536	243	44	2.912	2.912	NUM
abrj-536	243	45	*	*	PUNCT
abrj-536	243	46	*	*	PUNCT
abrj-536	243	47	*	*	PUNCT
abrj-536	243	48	(	(	PUNCT
abrj-536	243	49	0.086	0.086	NUM
abrj-536	243	50	)	)	PUNCT
abrj-536	243	51	2.94	2.94	NUM
abrj-536	243	52	*	*	PUNCT
abrj-536	243	53	*	*	PUNCT
abrj-536	243	54	*	*	PUNCT
abrj-536	243	55	(	(	PUNCT
abrj-536	243	56	0.086	0.086	NUM
abrj-536	243	57	)	)	PUNCT
abrj-536	243	58	f	f	NOUN
abrj-536	244	1	358.813	358.813	NUM
abrj-536	244	2	*	*	PUNCT
abrj-536	244	3	*	*	PUNCT
abrj-536	244	4	*	*	PUNCT
abrj-536	244	5	309.987	309.987	NUM
abrj-536	244	6	*	*	PUNCT
abrj-536	244	7	*	*	PUNCT
abrj-536	244	8	*	*	PUNCT
abrj-536	244	9	304.397	304.397	NUM
abrj-536	244	10	*	*	PUNCT
abrj-536	244	11	*	*	PUNCT
abrj-536	244	12	*	*	PUNCT
abrj-536	244	13	model	model	NOUN
abrj-536	244	14	4	4	NUM
abrj-536	244	15	.	.	PUNCT
abrj-536	245	1	the	the	DET
abrj-536	245	2	coefficient	coefficient	NOUN
abrj-536	245	3	(	(	PUNCT
abrj-536	245	4	0.101	0.101	NUM
abrj-536	245	5	)	)	PUNCT
abrj-536	245	6	of	of	ADP
abrj-536	245	7	customer	customer	NOUN
abrj-536	245	8	demand	demand	NOUN
abrj-536	245	9	orientation	orientation	NOUN
abrj-536	245	10	(	(	PUNCT
abrj-536	245	11	cdo	cdo	NOUN
abrj-536	245	12	)	)	PUNCT
abrj-536	245	13	is	be	AUX
abrj-536	245	14	significantly	significantly	ADV
abrj-536	245	15	positive	positive	ADJ
abrj-536	245	16	at	at	ADP
abrj-536	245	17	the	the	DET
abrj-536	245	18	1	1	NUM
abrj-536	245	19	%	%	NOUN
abrj-536	245	20	level	level	NOUN
abrj-536	245	21	,	,	PUNCT
abrj-536	245	22	further	far	ADV
abrj-536	245	23	verifying	verifying	NOUN
abrj-536	245	24	that	that	PRON
abrj-536	245	25	h1	h1	PROPN
abrj-536	245	26	holds	hold	VERB
abrj-536	245	27	;	;	PUNCT
abrj-536	245	28	model	model	NOUN
abrj-536	245	29	5	5	NUM
abrj-536	245	30	.	.	PUNCT
abrj-536	246	1	the	the	DET
abrj-536	246	2	coefficient	coefficient	NOUN
abrj-536	246	3	of	of	ADP
abrj-536	246	4	cdo*lernerindex	cdo*lernerindex	NOUN
abrj-536	246	5	(	(	PUNCT
abrj-536	246	6	-0.108	-0.108	CCONJ
abrj-536	246	7	)	)	PUNCT
abrj-536	246	8	is	be	AUX
abrj-536	246	9	significantly	significantly	ADV
abrj-536	246	10	negative	negative	ADJ
abrj-536	246	11	at	at	ADP
abrj-536	246	12	the	the	DET
abrj-536	246	13	1	1	NUM
abrj-536	246	14	%	%	NOUN
abrj-536	246	15	level	level	NOUN
abrj-536	246	16	,	,	PUNCT
abrj-536	246	17	further	far	ADV
abrj-536	246	18	verifying	verify	VERB
abrj-536	246	19	that	that	SCONJ
abrj-536	246	20	h2	h2	PROPN
abrj-536	246	21	holds	hold	VERB
abrj-536	246	22	;	;	PUNCT
abrj-536	246	23	model	model	NOUN
abrj-536	246	24	6	6	NUM
abrj-536	246	25	.	.	PUNCT
abrj-536	247	1	the	the	DET
abrj-536	247	2	coefficient	coefficient	NOUN
abrj-536	247	3	of	of	ADP
abrj-536	247	4	cdo*reply_interval	cdo*reply_interval	NOUN
abrj-536	247	5	(	(	PUNCT
abrj-536	247	6	-0.003	-0.003	NOUN
abrj-536	247	7	)	)	PUNCT
abrj-536	247	8	is	be	AUX
abrj-536	247	9	significantly	significantly	ADV
abrj-536	247	10	negative	negative	ADJ
abrj-536	247	11	at	at	ADP
abrj-536	247	12	the	the	DET
abrj-536	247	13	5	5	NUM
abrj-536	247	14	%	%	NOUN
abrj-536	247	15	level	level	NOUN
abrj-536	247	16	,	,	PUNCT
abrj-536	247	17	further	far	ADV
abrj-536	247	18	verifying	verify	VERB
abrj-536	247	19	that	that	SCONJ
abrj-536	247	20	h3	h3	NOUN
abrj-536	247	21	holds	hold	VERB
abrj-536	247	22	.	.	PUNCT
abrj-536	248	1	5	5	X
abrj-536	248	2	.	.	X
abrj-536	248	3	discussion	discussion	NOUN
abrj-536	248	4	and	and	CCONJ
abrj-536	248	5	limitations	limitation	NOUN
abrj-536	248	6	in	in	ADP
abrj-536	248	7	today	today	NOUN
abrj-536	248	8	's	's	PART
abrj-536	248	9	market	market	NOUN
abrj-536	248	10	environment	environment	NOUN
abrj-536	248	11	,	,	PUNCT
abrj-536	248	12	customer	customer	NOUN
abrj-536	248	13	demand	demand	NOUN
abrj-536	248	14	orientation	orientation	NOUN
abrj-536	248	15	has	have	AUX
abrj-536	248	16	become	become	VERB
abrj-536	248	17	an	an	DET
abrj-536	248	18	important	important	ADJ
abrj-536	248	19	driving	driving	NOUN
abrj-536	248	20	force	force	NOUN
abrj-536	248	21	for	for	ADP
abrj-536	248	22	the	the	DET
abrj-536	248	23	digital	digital	ADJ
abrj-536	248	24	transformation	transformation	NOUN
abrj-536	248	25	of	of	ADP
abrj-536	248	26	enterprises	enterprise	NOUN
abrj-536	248	27	.	.	PUNCT
abrj-536	249	1	this	this	DET
abrj-536	249	2	paper	paper	NOUN
abrj-536	249	3	focuses	focus	VERB
abrj-536	249	4	on	on	ADP
abrj-536	249	5	the	the	DET
abrj-536	249	6	impact	impact	NOUN
abrj-536	249	7	of	of	ADP
abrj-536	249	8	firms	firm	NOUN
abrj-536	249	9	'	'	PART
abrj-536	249	10	customer	customer	NOUN
abrj-536	249	11	demand	demand	NOUN
abrj-536	249	12	orientation	orientation	NOUN
abrj-536	249	13	on	on	ADP
abrj-536	249	14	the	the	DET
abrj-536	249	15	level	level	NOUN
abrj-536	249	16	of	of	ADP
abrj-536	249	17	digital	digital	ADJ
abrj-536	249	18	transformation	transformation	NOUN
abrj-536	249	19	with	with	ADP
abrj-536	249	20	two	two	NUM
abrj-536	249	21	moderating	moderate	VERB
abrj-536	249	22	variables	variable	NOUN
abrj-536	249	23	incorporated	incorporate	VERB
abrj-536	249	24	:	:	PUNCT
abrj-536	249	25	industry	industry	NOUN
abrj-536	249	26	concentration	concentration	NOUN
abrj-536	249	27	and	and	CCONJ
abrj-536	249	28	investor	investor	NOUN
abrj-536	249	29	interaction	interaction	NOUN
abrj-536	249	30	response	response	NOUN
abrj-536	249	31	respectively	respectively	ADV
abrj-536	249	32	.	.	PUNCT
abrj-536	250	1	we	we	PRON
abrj-536	250	2	summarized	summarize	VERB
abrj-536	250	3	our	our	PRON
abrj-536	250	4	findings	finding	NOUN
abrj-536	250	5	as	as	SCONJ
abrj-536	250	6	follows	follow	VERB
abrj-536	250	7	:	:	PUNCT
abrj-536	250	8	firstly	firstly	ADV
abrj-536	250	9	,	,	PUNCT
abrj-536	250	10	the	the	DET
abrj-536	250	11	degree	degree	NOUN
abrj-536	250	12	of	of	ADP
abrj-536	250	13	customer	customer	NOUN
abrj-536	250	14	demand	demand	NOUN
abrj-536	250	15	orientation	orientation	NOUN
abrj-536	250	16	positively	positively	ADV
abrj-536	250	17	affects	affect	VERB
abrj-536	250	18	the	the	DET
abrj-536	250	19	level	level	NOUN
abrj-536	250	20	of	of	ADP
abrj-536	250	21	digital	digital	ADJ
abrj-536	250	22	transformation	transformation	NOUN
abrj-536	250	23	.	.	PUNCT
abrj-536	251	1	the	the	PRON
abrj-536	251	2	higher	high	ADJ
abrj-536	251	3	the	the	DET
abrj-536	251	4	degree	degree	NOUN
abrj-536	251	5	of	of	ADP
abrj-536	251	6	customer	customer	NOUN
abrj-536	251	7	demand	demand	NOUN
abrj-536	251	8	orientation	orientation	NOUN
abrj-536	251	9	,	,	PUNCT
abrj-536	251	10	the	the	PRON
abrj-536	251	11	higher	high	ADJ
abrj-536	251	12	the	the	DET
abrj-536	251	13	level	level	NOUN
abrj-536	251	14	of	of	ADP
abrj-536	251	15	digital	digital	ADJ
abrj-536	251	16	transformation	transformation	NOUN
abrj-536	251	17	of	of	ADP
abrj-536	251	18	enterprises	enterprise	NOUN
abrj-536	251	19	.	.	PUNCT
abrj-536	252	1	against	against	ADP
abrj-536	252	2	the	the	DET
abrj-536	252	3	backdrop	backdrop	NOUN
abrj-536	252	4	of	of	ADP
abrj-536	252	5	the	the	DET
abrj-536	252	6	increasing	increase	VERB
abrj-536	252	7	speed	speed	NOUN
abrj-536	252	8	of	of	ADP
abrj-536	252	9	product	product	NOUN
abrj-536	252	10	renewal	renewal	NOUN
abrj-536	252	11	and	and	CCONJ
abrj-536	252	12	iteration	iteration	NOUN
abrj-536	252	13	,	,	PUNCT
abrj-536	252	14	enterprises	enterprise	NOUN
abrj-536	252	15	pay	pay	VERB
abrj-536	252	16	more	more	ADJ
abrj-536	252	17	and	and	CCONJ
abrj-536	252	18	more	more	ADJ
abrj-536	252	19	attention	attention	NOUN
abrj-536	252	20	to	to	ADP
abrj-536	252	21	customers	customer	NOUN
abrj-536	252	22	'	'	PART
abrj-536	252	23	personalized	personalize	VERB
abrj-536	252	24	needs	need	NOUN
abrj-536	252	25	.	.	PUNCT
abrj-536	253	1	to	to	PART
abrj-536	253	2	meet	meet	VERB
abrj-536	253	3	these	these	DET
abrj-536	253	4	needs	need	NOUN
abrj-536	253	5	,	,	PUNCT
abrj-536	253	6	enterprises	enterprise	NOUN
abrj-536	253	7	need	need	VERB
abrj-536	253	8	to	to	PART
abrj-536	253	9	continuously	continuously	ADV
abrj-536	253	10	upgrade	upgrade	VERB
abrj-536	253	11	technology	technology	NOUN
abrj-536	253	12	,	,	PUNCT
abrj-536	253	13	optimize	optimize	VERB
abrj-536	253	14	business	business	NOUN
abrj-536	253	15	and	and	CCONJ
abrj-536	253	16	production	production	NOUN
abrj-536	253	17	processes	process	NOUN
abrj-536	253	18	,	,	PUNCT
abrj-536	253	19	and	and	CCONJ
abrj-536	253	20	improve	improve	VERB
abrj-536	253	21	their	their	PRON
abrj-536	253	22	digital	digital	ADJ
abrj-536	253	23	transformation	transformation	NOUN
abrj-536	253	24	level	level	NOUN
abrj-536	253	25	.	.	PUNCT
abrj-536	254	1	secondly	secondly	ADV
abrj-536	254	2	,	,	PUNCT
abrj-536	254	3	industry	industry	NOUN
abrj-536	254	4	concentration	concentration	NOUN
abrj-536	254	5	negatively	negatively	ADV
abrj-536	254	6	moderates	moderate	VERB
abrj-536	254	7	the	the	DET
abrj-536	254	8	relationship	relationship	NOUN
abrj-536	254	9	between	between	ADP
abrj-536	254	10	customer	customer	NOUN
abrj-536	254	11	demand	demand	NOUN
abrj-536	254	12	orientation	orientation	NOUN
abrj-536	254	13	and	and	CCONJ
abrj-536	254	14	the	the	DET
abrj-536	254	15	level	level	NOUN
abrj-536	254	16	of	of	ADP
abrj-536	254	17	digital	digital	ADJ
abrj-536	254	18	transformation	transformation	NOUN
abrj-536	254	19	.	.	PUNCT
abrj-536	255	1	the	the	PRON
abrj-536	255	2	lower	low	ADJ
abrj-536	255	3	the	the	DET
abrj-536	255	4	industry	industry	NOUN
abrj-536	255	5	concentration	concentration	NOUN
abrj-536	255	6	,	,	PUNCT
abrj-536	255	7	the	the	DET
abrj-536	255	8	more	more	ADV
abrj-536	255	9	intense	intense	ADJ
abrj-536	255	10	the	the	DET
abrj-536	255	11	competition	competition	NOUN
abrj-536	255	12	within	within	ADP
abrj-536	255	13	the	the	DET
abrj-536	255	14	industry	industry	NOUN
abrj-536	255	15	,	,	PUNCT
abrj-536	255	16	and	and	CCONJ
abrj-536	255	17	the	the	DET
abrj-536	255	18	more	more	ADJ
abrj-536	255	19	it	it	PRON
abrj-536	255	20	can	can	AUX
abrj-536	255	21	strengthen	strengthen	VERB
abrj-536	255	22	the	the	DET
abrj-536	255	23	impact	impact	NOUN
abrj-536	255	24	of	of	ADP
abrj-536	255	25	customer	customer	NOUN
abrj-536	255	26	demand	demand	NOUN
abrj-536	255	27	orientation	orientation	NOUN
abrj-536	255	28	on	on	ADP
abrj-536	255	29	the	the	DET
abrj-536	255	30	level	level	NOUN
abrj-536	255	31	of	of	ADP
abrj-536	255	32	enterprises	enterprise	NOUN
abrj-536	255	33	'	'	PART
abrj-536	255	34	digital	digital	ADJ
abrj-536	255	35	transformation	transformation	NOUN
abrj-536	255	36	.	.	PUNCT
abrj-536	256	1	in	in	ADP
abrj-536	256	2	industries	industry	NOUN
abrj-536	256	3	with	with	ADP
abrj-536	256	4	lower	low	ADJ
abrj-536	256	5	industry	industry	NOUN
abrj-536	256	6	concentration	concentration	NOUN
abrj-536	256	7	,	,	PUNCT
abrj-536	256	8	enterprises	enterprise	NOUN
abrj-536	256	9	face	face	VERB
abrj-536	256	10	more	more	ADJ
abrj-536	256	11	intense	intense	ADJ
abrj-536	256	12	competition	competition	NOUN
abrj-536	256	13	,	,	PUNCT
abrj-536	256	14	and	and	CCONJ
abrj-536	256	15	in	in	ADP
abrj-536	256	16	order	order	NOUN
abrj-536	256	17	to	to	PART
abrj-536	256	18	stand	stand	VERB
abrj-536	256	19	out	out	ADP
abrj-536	256	20	from	from	ADP
abrj-536	256	21	the	the	DET
abrj-536	256	22	competition	competition	NOUN
abrj-536	256	23	,	,	PUNCT
abrj-536	256	24	they	they	PRON
abrj-536	256	25	need	need	VERB
abrj-536	256	26	to	to	PART
abrj-536	256	27	respond	respond	VERB
abrj-536	256	28	to	to	ADP
abrj-536	256	29	customers	customer	NOUN
abrj-536	256	30	'	'	PART
abrj-536	256	31	personalized	personalize	VERB
abrj-536	256	32	needs	need	NOUN
abrj-536	256	33	faster	fast	ADV
abrj-536	256	34	and	and	CCONJ
abrj-536	256	35	more	more	ADV
abrj-536	256	36	efficiently	efficiently	ADV
abrj-536	256	37	,	,	PUNCT
abrj-536	256	38	so	so	SCONJ
abrj-536	256	39	as	as	SCONJ
abrj-536	256	40	to	to	PART
abrj-536	256	41	win	win	VERB
abrj-536	256	42	market	market	NOUN
abrj-536	256	43	share	share	NOUN
abrj-536	256	44	.	.	PUNCT
abrj-536	257	1	finally	finally	ADV
abrj-536	257	2	,	,	PUNCT
abrj-536	257	3	investor	investor	NOUN
abrj-536	257	4	interactive	interactive	ADJ
abrj-536	257	5	response	response	NOUN
abrj-536	257	6	negatively	negatively	ADV
abrj-536	257	7	moderates	moderate	VERB
abrj-536	257	8	the	the	DET
abrj-536	257	9	relationship	relationship	NOUN
abrj-536	257	10	between	between	ADP
abrj-536	257	11	customer	customer	NOUN
abrj-536	257	12	demand	demand	NOUN
abrj-536	257	13	orientation	orientation	NOUN
abrj-536	257	14	and	and	CCONJ
abrj-536	257	15	the	the	DET
abrj-536	257	16	level	level	NOUN
abrj-536	257	17	of	of	ADP
abrj-536	257	18	digital	digital	ADJ
abrj-536	257	19	transformation	transformation	NOUN
abrj-536	257	20	.	.	PUNCT
abrj-536	258	1	shorter	short	ADJ
abrj-536	258	2	and	and	CCONJ
abrj-536	258	3	faster	fast	ADJ
abrj-536	258	4	response	response	NOUN
abrj-536	258	5	time	time	NOUN
abrj-536	258	6	of	of	ADP
abrj-536	258	7	investor	investor	NOUN
abrj-536	258	8	interaction	interaction	NOUN
abrj-536	258	9	of	of	ADP
abrj-536	258	10	listed	list	VERB
abrj-536	258	11	firms	firm	NOUN
abrj-536	258	12	can	can	AUX
abrj-536	258	13	effectively	effectively	ADV
abrj-536	258	14	promote	promote	VERB
abrj-536	258	15	the	the	DET
abrj-536	258	16	impact	impact	NOUN
abrj-536	258	17	of	of	ADP
abrj-536	258	18	customer	customer	NOUN
abrj-536	258	19	demand	demand	NOUN
abrj-536	258	20	orientation	orientation	NOUN
abrj-536	258	21	on	on	ADP
abrj-536	258	22	their	their	PRON
abrj-536	258	23	digital	digital	ADJ
abrj-536	258	24	transformation	transformation	NOUN
abrj-536	258	25	level	level	NOUN
abrj-536	258	26	.	.	PUNCT
abrj-536	259	1	investor	investor	NOUN
abrj-536	259	2	interaction	interaction	NOUN
abrj-536	259	3	is	be	AUX
abrj-536	259	4	one	one	NUM
abrj-536	259	5	of	of	ADP
abrj-536	259	6	the	the	DET
abrj-536	259	7	important	important	ADJ
abrj-536	259	8	ways	way	NOUN
abrj-536	259	9	for	for	SCONJ
abrj-536	259	10	enterprises	enterprise	NOUN
abrj-536	259	11	to	to	PART
abrj-536	259	12	obtain	obtain	VERB
abrj-536	259	13	market	market	NOUN
abrj-536	259	14	feedback	feedback	NOUN
abrj-536	259	15	,	,	PUNCT
abrj-536	259	16	and	and	CCONJ
abrj-536	259	17	the	the	DET
abrj-536	259	18	interval	interval	NOUN
abrj-536	259	19	time	time	NOUN
abrj-536	259	20	of	of	ADP
abrj-536	259	21	investor	investor	NOUN
abrj-536	259	22	interaction	interaction	NOUN
abrj-536	259	23	q&a	q&a	PROPN
abrj-536	259	24	is	be	AUX
abrj-536	259	25	an	an	DET
abrj-536	259	26	important	important	ADJ
abrj-536	259	27	indicator	indicator	NOUN
abrj-536	259	28	of	of	ADP
abrj-536	259	29	enterprises	enterprise	NOUN
abrj-536	259	30	'	'	PART
abrj-536	259	31	market	market	NOUN
abrj-536	259	32	feedback	feedback	NOUN
abrj-536	259	33	,	,	PUNCT
abrj-536	259	34	reflecting	reflect	VERB
abrj-536	259	35	the	the	DET
abrj-536	259	36	timeliness	timeliness	NOUN
abrj-536	259	37	of	of	ADP
abrj-536	259	38	their	their	PRON
abrj-536	259	39	access	access	NOUN
abrj-536	259	40	to	to	ADP
abrj-536	259	41	external	external	ADJ
abrj-536	259	42	information	information	NOUN
abrj-536	259	43	.	.	PUNCT
abrj-536	260	1	while	while	SCONJ
abrj-536	260	2	summarizing	summarize	VERB
abrj-536	260	3	the	the	DET
abrj-536	260	4	above	above	ADJ
abrj-536	260	5	research	research	NOUN
abrj-536	260	6	results	result	NOUN
abrj-536	260	7	,	,	PUNCT
abrj-536	260	8	we	we	PRON
abrj-536	260	9	also	also	ADV
abrj-536	260	10	need	need	VERB
abrj-536	260	11	to	to	PART
abrj-536	260	12	acknowledge	acknowledge	VERB
abrj-536	260	13	the	the	DET
abrj-536	260	14	limitations	limitation	NOUN
abrj-536	260	15	of	of	ADP
abrj-536	260	16	this	this	DET
abrj-536	260	17	research	research	NOUN
abrj-536	260	18	.	.	PUNCT
abrj-536	261	1	first	first	ADV
abrj-536	261	2	of	of	ADP
abrj-536	261	3	all	all	PRON
abrj-536	261	4	,	,	PUNCT
abrj-536	261	5	the	the	DET
abrj-536	261	6	influence	influence	NOUN
abrj-536	261	7	mechanism	mechanism	NOUN
abrj-536	261	8	of	of	ADP
abrj-536	261	9	factors	factor	NOUN
abrj-536	261	10	such	such	ADJ
abrj-536	261	11	as	as	ADP
abrj-536	261	12	customer	customer	NOUN
abrj-536	261	13	demand	demand	NOUN
abrj-536	261	14	orientation	orientation	NOUN
abrj-536	261	15	,	,	PUNCT
abrj-536	261	16	industry	industry	NOUN
abrj-536	261	17	concentration	concentration	NOUN
abrj-536	261	18	,	,	PUNCT
abrj-536	261	19	and	and	CCONJ
abrj-536	261	20	the	the	DET
abrj-536	261	21	response	response	NOUN
abrj-536	261	22	speed	speed	NOUN
abrj-536	261	23	of	of	ADP
abrj-536	261	24	listed	list	VERB
abrj-536	261	25	companies	company	NOUN
abrj-536	261	26	'	'	PART
abrj-536	261	27	investor	investor	NOUN
abrj-536	261	28	interaction	interaction	NOUN
abrj-536	261	29	on	on	ADP
abrj-536	261	30	the	the	DET
abrj-536	261	31	level	level	NOUN
abrj-536	261	32	of	of	ADP
abrj-536	261	33	digital	digital	ADJ
abrj-536	261	34	transformation	transformation	NOUN
abrj-536	261	35	needs	need	VERB
abrj-536	261	36	to	to	PART
abrj-536	261	37	be	be	AUX
abrj-536	261	38	further	far	ADV
abrj-536	261	39	explored	explore	VERB
abrj-536	261	40	;	;	PUNCT
abrj-536	261	41	our	our	PRON
abrj-536	261	42	measurement	measurement	NOUN
abrj-536	261	43	of	of	ADP
abrj-536	261	44	the	the	DET
abrj-536	261	45	market	market	NOUN
abrj-536	261	46	response	response	NOUN
abrj-536	261	47	speed	speed	NOUN
abrj-536	261	48	of	of	ADP
abrj-536	261	49	enterprises	enterprise	NOUN
abrj-536	261	50	is	be	AUX
abrj-536	261	51	relatively	relatively	ADV
abrj-536	261	52	rough	rough	ADJ
abrj-536	261	53	;	;	PUNCT
abrj-536	261	54	and	and	CCONJ
abrj-536	261	55	the	the	DET
abrj-536	261	56	use	use	NOUN
abrj-536	261	57	of	of	ADP
abrj-536	261	58	investor	investor	NOUN
abrj-536	261	59	q&a	q&a	PROPN
abrj-536	261	60	response	response	NOUN
abrj-536	261	61	time	time	NOUN
abrj-536	261	62	to	to	PART
abrj-536	261	63	measure	measure	VERB
abrj-536	261	64	the	the	DET
abrj-536	261	65	speed	speed	NOUN
abrj-536	261	66	of	of	ADP
abrj-536	261	67	enterprises	enterprise	NOUN
abrj-536	261	68	'	'	PART
abrj-536	261	69	acquisition	acquisition	NOUN
abrj-536	261	70	of	of	ADP
abrj-536	261	71	external	external	ADJ
abrj-536	261	72	information	information	NOUN
abrj-536	261	73	is	be	AUX
abrj-536	261	74	not	not	PART
abrj-536	261	75	precise	precise	ADJ
abrj-536	261	76	enough	enough	ADV
abrj-536	261	77	.	.	PUNCT
abrj-536	262	1	secondly	secondly	ADV
abrj-536	262	2	,	,	PUNCT
abrj-536	262	3	the	the	DET
abrj-536	262	4	focus	focus	NOUN
abrj-536	262	5	of	of	ADP
abrj-536	262	6	this	this	DET
abrj-536	262	7	study	study	NOUN
abrj-536	262	8	is	be	AUX
abrj-536	262	9	mainly	mainly	ADV
abrj-536	262	10	on	on	ADP
abrj-536	262	11	the	the	DET
abrj-536	262	12	analysis	analysis	NOUN
abrj-536	262	13	of	of	ADP
abrj-536	262	14	the	the	DET
abrj-536	262	15	current	current	ADJ
abrj-536	262	16	situation	situation	NOUN
abrj-536	262	17	,	,	PUNCT
abrj-536	262	18	and	and	CCONJ
abrj-536	262	19	future	future	ADJ
abrj-536	262	20	development	development	NOUN
abrj-536	262	21	trends	trend	NOUN
abrj-536	262	22	and	and	CCONJ
abrj-536	262	23	possible	possible	ADJ
abrj-536	262	24	solutions	solution	NOUN
abrj-536	262	25	have	have	AUX
abrj-536	262	26	not	not	PART
abrj-536	262	27	been	be	AUX
abrj-536	262	28	explored	explore	VERB
abrj-536	262	29	in	in	ADP
abrj-536	262	30	depth	depth	NOUN
abrj-536	262	31	.	.	PUNCT
abrj-536	263	1	in	in	ADP
abrj-536	263	2	addition	addition	NOUN
abrj-536	263	3	,	,	PUNCT
abrj-536	263	4	the	the	DET
abrj-536	263	5	generalizability	generalizability	NOUN
abrj-536	263	6	to	to	ADP
abrj-536	263	7	different	different	ADJ
abrj-536	263	8	industries	industry	NOUN
abrj-536	263	9	,	,	PUNCT
abrj-536	263	10	different	different	ADJ
abrj-536	263	11	types	type	NOUN
abrj-536	263	12	of	of	ADP
abrj-536	263	13	enterprises	enterprise	NOUN
abrj-536	263	14	,	,	PUNCT
abrj-536	263	15	and	and	CCONJ
abrj-536	263	16	different	different	ADJ
abrj-536	263	17	regions	region	NOUN
abrj-536	263	18	needs	need	VERB
abrj-536	263	19	to	to	PART
abrj-536	263	20	be	be	AUX
abrj-536	263	21	further	far	ADV
abrj-536	263	22	explored	explore	VERB
abrj-536	263	23	.	.	PUNCT
abrj-536	264	1	references	reference	NOUN
abrj-536	264	2	abdoh	abdoh	PROPN
abrj-536	264	3	,	,	PUNCT
abrj-536	264	4	h.	h.	PROPN
abrj-536	264	5	,	,	PUNCT
abrj-536	264	6	&	&	CCONJ
abrj-536	264	7	liu	liu	PROPN
abrj-536	264	8	,	,	PUNCT
abrj-536	264	9	y.	y.	PROPN
abrj-536	264	10	(	(	PUNCT
abrj-536	264	11	2021	2021	NUM
abrj-536	264	12	)	)	PUNCT
abrj-536	264	13	.	.	PUNCT
abrj-536	265	1	does	do	AUX
abrj-536	265	2	r&d	r&d	NOUN
abrj-536	265	3	intensity	intensity	NOUN
abrj-536	265	4	matter	matter	NOUN
abrj-536	265	5	in	in	ADP
abrj-536	265	6	the	the	DET
abrj-536	265	7	executive	executive	ADJ
abrj-536	265	8	risk	risk	NOUN
abrj-536	265	9	incentives	incentive	NOUN
abrj-536	265	10	and	and	CCONJ
abrj-536	265	11	firm	firm	ADJ
abrj-536	265	12	risk	risk	NOUN
abrj-536	265	13	relationship	relationship	NOUN
abrj-536	265	14	?	?	PUNCT
abrj-536	266	1	economic	economic	ADJ
abrj-536	266	2	modelling	modelling	NOUN
abrj-536	266	3	,	,	PUNCT
abrj-536	266	4	96	96	NUM
abrj-536	266	5	,	,	PUNCT
abrj-536	266	6	13–24	13–24	NUM
abrj-536	266	7	.	.	PUNCT
abrj-536	267	1	https://doi.org/10.1016/j.econmod.2020.12.007	https://doi.org/10.1016/j.econmod.2020.12.007	VERB
abrj-536	267	2	aghion	aghion	NOUN
abrj-536	267	3	,	,	PUNCT
abrj-536	267	4	p.	p.	NOUN
abrj-536	267	5	,	,	PUNCT
abrj-536	267	6	bloom	bloom	NOUN
abrj-536	267	7	,	,	PUNCT
abrj-536	267	8	n.	n.	NOUN
abrj-536	267	9	,	,	PUNCT
abrj-536	267	10	blundell	blundell	PROPN
abrj-536	267	11	,	,	PUNCT
abrj-536	267	12	r.	r.	PROPN
abrj-536	267	13	,	,	PUNCT
abrj-536	267	14	griffith	griffith	PROPN
abrj-536	267	15	,	,	PUNCT
abrj-536	267	16	r.	r.	PROPN
abrj-536	267	17	,	,	PUNCT
abrj-536	267	18	&	&	CCONJ
abrj-536	267	19	howitt	howitt	PROPN
abrj-536	267	20	,	,	PUNCT
abrj-536	267	21	p.	p.	NOUN
abrj-536	267	22	(	(	PUNCT
abrj-536	267	23	2005	2005	NUM
abrj-536	267	24	)	)	PUNCT
abrj-536	267	25	.	.	PUNCT
abrj-536	268	1	competition	competition	NOUN
abrj-536	268	2	and	and	CCONJ
abrj-536	268	3	innovation	innovation	NOUN
abrj-536	268	4	:	:	PUNCT
abrj-536	268	5	an	an	DET
abrj-536	268	6	inverted	invert	VERB
abrj-536	268	7	-	-	PUNCT
abrj-536	268	8	u	u	NOUN
abrj-536	268	9	relationship	relationship	NOUN
abrj-536	268	10	.	.	PUNCT
abrj-536	269	1	the	the	DET
abrj-536	269	2	quarterly	quarterly	ADJ
abrj-536	269	3	journal	journal	NOUN
abrj-536	269	4	of	of	ADP
abrj-536	269	5	economics	economic	NOUN
abrj-536	269	6	,	,	PUNCT
abrj-536	269	7	120(2	120(2	NUM
abrj-536	269	8	)	)	PUNCT
abrj-536	269	9	,	,	PUNCT
abrj-536	269	10	701–728	701–728	NUM
abrj-536	269	11	.	.	PUNCT
abrj-536	269	12	https://doi.org/10.1093/qje/120.2.701	https://doi.org/10.1093/qje/120.2.701	VERB
abrj-536	269	13	asian	asian	ADJ
abrj-536	269	14	business	business	PROPN
abrj-536	269	15	research	research	NOUN
abrj-536	269	16	journal	journal	NOUN
abrj-536	269	17	,	,	PUNCT
abrj-536	269	18	2025	2025	NUM
abrj-536	269	19	,	,	PUNCT
abrj-536	269	20	10(8	10(8	NUM
abrj-536	269	21	):	):	PUNCT
abrj-536	269	22	49	49	NUM
abrj-536	269	23	-	-	SYM
abrj-536	269	24	58	58	NUM
abrj-536	269	25	58	58	NUM
abrj-536	269	26	©	©	ADP
abrj-536	269	27	2025	2025	NUM
abrj-536	269	28	by	by	ADP
abrj-536	269	29	the	the	DET
abrj-536	269	30	authors	author	NOUN
abrj-536	269	31	;	;	PUNCT
abrj-536	269	32	licensee	licensee	NOUN
abrj-536	269	33	eastern	eastern	ADJ
abrj-536	269	34	centre	centre	NOUN
abrj-536	269	35	of	of	ADP
abrj-536	269	36	science	science	NOUN
abrj-536	269	37	and	and	CCONJ
abrj-536	269	38	education	education	NOUN
abrj-536	269	39	,	,	PUNCT
abrj-536	269	40	usa	usa	PROPN
abrj-536	269	41	alt	alt	PROPN
abrj-536	269	42	,	,	PUNCT
abrj-536	269	43	r.	r.	PROPN
abrj-536	269	44	,	,	PUNCT
abrj-536	269	45	ehmke	ehmke	PROPN
abrj-536	269	46	,	,	PUNCT
abrj-536	269	47	j.	j.	PROPN
abrj-536	269	48	f.	f.	PROPN
abrj-536	269	49	,	,	PUNCT
abrj-536	269	50	haux	haux	PROPN
abrj-536	269	51	,	,	PUNCT
abrj-536	269	52	r.	r.	PROPN
abrj-536	269	53	,	,	PUNCT
abrj-536	269	54	henke	henke	PROPN
abrj-536	269	55	,	,	PUNCT
abrj-536	269	56	t.	t.	PROPN
abrj-536	269	57	,	,	PUNCT
abrj-536	269	58	mattfeld	mattfeld	PROPN
abrj-536	269	59	,	,	PUNCT
abrj-536	269	60	d.	d.	PROPN
abrj-536	269	61	c.	c.	PROPN
abrj-536	269	62	,	,	PUNCT
abrj-536	269	63	oberweis	oberweis	PROPN
abrj-536	269	64	,	,	PUNCT
abrj-536	269	65	a.	a.	NOUN
abrj-536	269	66	,	,	PUNCT
abrj-536	269	67	…	…	PUNCT
abrj-536	269	68	winter	winter	NOUN
abrj-536	269	69	,	,	PUNCT
abrj-536	269	70	a.	a.	NOUN
abrj-536	269	71	(	(	PUNCT
abrj-536	269	72	2019	2019	NUM
abrj-536	269	73	)	)	PUNCT
abrj-536	269	74	.	.	PUNCT
abrj-536	270	1	towards	towards	ADP
abrj-536	270	2	customer	customer	NOUN
abrj-536	270	3	-	-	PUNCT
abrj-536	270	4	induced	induce	VERB
abrj-536	270	5	service	service	NOUN
abrj-536	270	6	orchestration	orchestration	NOUN
abrj-536	270	7	:	:	PUNCT
abrj-536	270	8	requirements	requirement	NOUN
abrj-536	270	9	for	for	ADP
abrj-536	270	10	the	the	DET
abrj-536	270	11	next	next	ADJ
abrj-536	270	12	step	step	NOUN
abrj-536	270	13	of	of	ADP
abrj-536	270	14	customer	customer	NOUN
abrj-536	270	15	orientation	orientation	NOUN
abrj-536	270	16	.	.	PUNCT
abrj-536	271	1	electronic	electronic	ADJ
abrj-536	271	2	markets	market	NOUN
abrj-536	271	3	,	,	PUNCT
abrj-536	271	4	29(1	29(1	NUM
abrj-536	271	5	)	)	PUNCT
abrj-536	271	6	,	,	PUNCT
abrj-536	271	7	79–91	79–91	NUM
abrj-536	271	8	.	.	PUNCT
abrj-536	272	1	https://doi.org/10.1007/s12525-018-0305-y	https://doi.org/10.1007/s12525-018-0305-y	PROPN
abrj-536	272	2	berthon	berthon	PROPN
abrj-536	272	3	,	,	PUNCT
abrj-536	272	4	p.	p.	PROPN
abrj-536	272	5	,	,	PUNCT
abrj-536	272	6	hulbert	hulbert	PROPN
abrj-536	272	7	,	,	PUNCT
abrj-536	272	8	j.	j.	PROPN
abrj-536	272	9	m.	m.	PROPN
abrj-536	272	10	,	,	PUNCT
abrj-536	272	11	&	&	CCONJ
abrj-536	272	12	pitt	pitt	PROPN
abrj-536	272	13	,	,	PUNCT
abrj-536	272	14	l.	l.	PROPN
abrj-536	272	15	(	(	PUNCT
abrj-536	272	16	2004	2004	NUM
abrj-536	272	17	)	)	PUNCT
abrj-536	272	18	.	.	PUNCT
abrj-536	273	1	innovation	innovation	NOUN
abrj-536	273	2	or	or	CCONJ
abrj-536	273	3	customer	customer	NOUN
abrj-536	273	4	orientation	orientation	NOUN
abrj-536	273	5	?	?	PUNCT
abrj-536	274	1	an	an	DET
abrj-536	274	2	empirical	empirical	ADJ
abrj-536	274	3	investigation	investigation	NOUN
abrj-536	274	4	.	.	PUNCT
abrj-536	275	1	european	european	ADJ
abrj-536	275	2	journal	journal	PROPN
abrj-536	275	3	of	of	ADP
abrj-536	275	4	marketing	marketing	NOUN
abrj-536	275	5	,	,	PUNCT
abrj-536	275	6	38(9/10	38(9/10	PROPN
abrj-536	275	7	)	)	PUNCT
abrj-536	275	8	,	,	PUNCT
abrj-536	275	9	1065–1090	1065–1090	NUM
abrj-536	275	10	.	.	PUNCT
abrj-536	276	1	https://doi.org/10.1108/03090560410548948	https://doi.org/10.1108/03090560410548948	NOUN
abrj-536	276	2	broday	broday	NOUN
abrj-536	276	3	,	,	PUNCT
abrj-536	276	4	e.	e.	PROPN
abrj-536	276	5	e.	e.	PROPN
abrj-536	276	6	(	(	PUNCT
abrj-536	276	7	2022	2022	NUM
abrj-536	276	8	)	)	PUNCT
abrj-536	276	9	.	.	PUNCT
abrj-536	277	1	the	the	DET
abrj-536	277	2	evolution	evolution	NOUN
abrj-536	277	3	of	of	ADP
abrj-536	277	4	quality	quality	NOUN
abrj-536	277	5	:	:	PUNCT
abrj-536	277	6	from	from	ADP
abrj-536	277	7	inspection	inspection	NOUN
abrj-536	277	8	to	to	ADP
abrj-536	277	9	quality	quality	NOUN
abrj-536	277	10	4.0	4.0	NUM
abrj-536	277	11	.	.	PUNCT
abrj-536	277	12	international	international	ADJ
abrj-536	277	13	journal	journal	NOUN
abrj-536	277	14	of	of	ADP
abrj-536	277	15	quality	quality	NOUN
abrj-536	277	16	and	and	CCONJ
abrj-536	277	17	service	service	NOUN
abrj-536	277	18	sciences	science	NOUN
abrj-536	277	19	,	,	PUNCT
abrj-536	277	20	14(3	14(3	NUM
abrj-536	277	21	)	)	PUNCT
abrj-536	277	22	,	,	PUNCT
abrj-536	277	23	368	368	NUM
abrj-536	277	24	–	–	PUNCT
abrj-536	277	25	382	382	NUM
abrj-536	277	26	.	.	PUNCT
abrj-536	278	1	https://doi.org/10.1108/ijqss-03-2021-0045	https://doi.org/10.1108/ijqss-03-2021-0045	ADJ
abrj-536	278	2	cette	cette	PROPN
abrj-536	278	3	,	,	PUNCT
abrj-536	278	4	g.	g.	PROPN
abrj-536	278	5	,	,	PUNCT
abrj-536	278	6	lopez	lopez	PROPN
abrj-536	278	7	,	,	PUNCT
abrj-536	278	8	j.	j.	PROPN
abrj-536	278	9	,	,	PUNCT
abrj-536	278	10	&	&	CCONJ
abrj-536	278	11	mairesse	mairesse	PROPN
abrj-536	278	12	,	,	PUNCT
abrj-536	278	13	j.	j.	PROPN
abrj-536	278	14	(	(	PUNCT
abrj-536	278	15	2017	2017	NUM
abrj-536	278	16	)	)	PUNCT
abrj-536	278	17	.	.	PUNCT
abrj-536	279	1	upstream	upstream	ADJ
abrj-536	279	2	product	product	NOUN
abrj-536	279	3	market	market	NOUN
abrj-536	279	4	regulations	regulation	NOUN
abrj-536	279	5	,	,	PUNCT
abrj-536	279	6	ict	ict	NOUN
abrj-536	279	7	,	,	PUNCT
abrj-536	279	8	r&d	r&d	NOUN
abrj-536	279	9	and	and	CCONJ
abrj-536	279	10	productivity	productivity	NOUN
abrj-536	279	11	.	.	PUNCT
abrj-536	280	1	review	review	NOUN
abrj-536	280	2	of	of	ADP
abrj-536	280	3	income	income	NOUN
abrj-536	280	4	and	and	CCONJ
abrj-536	280	5	wealth	wealth	NOUN
abrj-536	280	6	,	,	PUNCT
abrj-536	280	7	63(s1	63(s1	ADJ
abrj-536	280	8	)	)	PUNCT
abrj-536	280	9	,	,	PUNCT
abrj-536	280	10	s68	s68	PROPN
abrj-536	280	11	–	–	PUNCT
abrj-536	280	12	s89	s89	NOUN
abrj-536	280	13	.	.	PUNCT
abrj-536	281	1	https://doi.org/10.1111/roiw.12269	https://doi.org/10.1111/roiw.12269	PROPN
abrj-536	282	1	da	da	PROPN
abrj-536	282	2	silveira	silveira	PROPN
abrj-536	282	3	,	,	PUNCT
abrj-536	282	4	g.	g.	PROPN
abrj-536	282	5	,	,	PUNCT
abrj-536	282	6	borenstein	borenstein	PROPN
abrj-536	282	7	,	,	PUNCT
abrj-536	282	8	d.	d.	PROPN
abrj-536	282	9	,	,	PUNCT
abrj-536	282	10	&	&	CCONJ
abrj-536	282	11	fogliatto	fogliatto	PROPN
abrj-536	282	12	,	,	PUNCT
abrj-536	282	13	f.	f.	PROPN
abrj-536	282	14	s.	s.	PROPN
abrj-536	282	15	(	(	PUNCT
abrj-536	282	16	2001	2001	NUM
abrj-536	282	17	)	)	PUNCT
abrj-536	282	18	.	.	PUNCT
abrj-536	283	1	mass	mass	PROPN
abrj-536	283	2	customization	customization	NOUN
abrj-536	283	3	:	:	PUNCT
abrj-536	283	4	literature	literature	NOUN
abrj-536	283	5	review	review	NOUN
abrj-536	283	6	and	and	CCONJ
abrj-536	283	7	research	research	NOUN
abrj-536	283	8	directions	direction	NOUN
abrj-536	283	9	.	.	PUNCT
abrj-536	284	1	international	international	ADJ
abrj-536	284	2	journal	journal	PROPN
abrj-536	284	3	of	of	ADP
abrj-536	284	4	production	production	NOUN
abrj-536	284	5	economics	economic	NOUN
abrj-536	284	6	,	,	PUNCT
abrj-536	284	7	72(1	72(1	NOUN
abrj-536	284	8	)	)	PUNCT
abrj-536	284	9	,	,	PUNCT
abrj-536	284	10	1–13	1–13	NOUN
abrj-536	284	11	.	.	PUNCT
abrj-536	285	1	https://doi.org/10.1016/s0925-5273(00)00079-7	https://doi.org/10.1016/s0925-5273(00)00079-7	PROPN
abrj-536	285	2	davenport	davenport	PROPN
abrj-536	285	3	,	,	PUNCT
abrj-536	285	4	t.	t.	PROPN
abrj-536	285	5	,	,	PUNCT
abrj-536	285	6	guha	guha	PROPN
abrj-536	285	7	,	,	PUNCT
abrj-536	285	8	a.	a.	PROPN
abrj-536	285	9	,	,	PUNCT
abrj-536	285	10	grewal	grewal	PROPN
abrj-536	285	11	,	,	PUNCT
abrj-536	285	12	d.	d.	PROPN
abrj-536	285	13	,	,	PUNCT
abrj-536	285	14	&	&	CCONJ
abrj-536	285	15	bressgott	bressgott	PROPN
abrj-536	285	16	,	,	PUNCT
abrj-536	285	17	t.	t.	PROPN
abrj-536	285	18	(	(	PUNCT
abrj-536	285	19	2020	2020	NUM
abrj-536	285	20	)	)	PUNCT
abrj-536	285	21	.	.	PUNCT
abrj-536	286	1	how	how	SCONJ
abrj-536	286	2	artificial	artificial	ADJ
abrj-536	286	3	intelligence	intelligence	NOUN
abrj-536	286	4	will	will	AUX
abrj-536	286	5	change	change	VERB
abrj-536	286	6	the	the	DET
abrj-536	286	7	future	future	NOUN
abrj-536	286	8	of	of	ADP
abrj-536	286	9	marketing	marketing	NOUN
abrj-536	286	10	.	.	PUNCT
abrj-536	287	1	journal	journal	NOUN
abrj-536	287	2	of	of	ADP
abrj-536	287	3	the	the	DET
abrj-536	287	4	academy	academy	NOUN
abrj-536	287	5	of	of	ADP
abrj-536	287	6	marketing	marketing	NOUN
abrj-536	287	7	science	science	NOUN
abrj-536	287	8	,	,	PUNCT
abrj-536	287	9	48	48	NUM
abrj-536	287	10	,	,	PUNCT
abrj-536	287	11	24–42	24–42	PROPN
abrj-536	287	12	.	.	PROPN
abrj-536	287	13	https://doi.org/10.1007/s11747-019-00696-0	https://doi.org/10.1007/s11747-019-00696-0	PROPN
abrj-536	287	14	delen	delen	PROPN
abrj-536	287	15	,	,	PUNCT
abrj-536	287	16	d.	d.	PROPN
abrj-536	287	17	,	,	PUNCT
abrj-536	287	18	&	&	CCONJ
abrj-536	287	19	crossland	crossland	PROPN
abrj-536	287	20	,	,	PUNCT
abrj-536	287	21	m.	m.	PROPN
abrj-536	287	22	d.	d.	PROPN
abrj-536	287	23	(	(	PUNCT
abrj-536	287	24	2008	2008	NUM
abrj-536	287	25	)	)	PUNCT
abrj-536	287	26	.	.	PUNCT
abrj-536	288	1	seeding	seed	VERB
abrj-536	288	2	the	the	DET
abrj-536	288	3	survey	survey	NOUN
abrj-536	288	4	and	and	CCONJ
abrj-536	288	5	analysis	analysis	NOUN
abrj-536	288	6	of	of	ADP
abrj-536	288	7	research	research	NOUN
abrj-536	288	8	literature	literature	NOUN
abrj-536	288	9	with	with	ADP
abrj-536	288	10	text	text	NOUN
abrj-536	288	11	mining	mining	NOUN
abrj-536	288	12	.	.	PUNCT
abrj-536	289	1	expert	expert	NOUN
abrj-536	289	2	systems	system	NOUN
abrj-536	289	3	with	with	ADP
abrj-536	289	4	applications	application	NOUN
abrj-536	289	5	,	,	PUNCT
abrj-536	289	6	34(3	34(3	NUM
abrj-536	289	7	)	)	PUNCT
abrj-536	289	8	,	,	PUNCT
abrj-536	289	9	1707–1720	1707–1720	NOUN
abrj-536	289	10	.	.	PUNCT
abrj-536	290	1	https://doi.org/10.1016/j.eswa.2007.01.029	https://doi.org/10.1016/j.eswa.2007.01.029	PROPN
abrj-536	290	2	dou	dou	PROPN
abrj-536	290	3	,	,	PUNCT
abrj-536	290	4	w.	w.	PROPN
abrj-536	290	5	w.	w.	PROPN
abrj-536	290	6	,	,	PUNCT
abrj-536	290	7	ji	ji	PROPN
abrj-536	290	8	,	,	PUNCT
abrj-536	290	9	y.	y.	PROPN
abrj-536	290	10	,	,	PUNCT
abrj-536	290	11	&	&	CCONJ
abrj-536	290	12	wu	wu	PROPN
abrj-536	290	13	,	,	PUNCT
abrj-536	290	14	w.	w.	PROPN
abrj-536	290	15	(	(	PUNCT
abrj-536	290	16	2021	2021	NUM
abrj-536	290	17	)	)	PUNCT
abrj-536	290	18	.	.	PUNCT
abrj-536	291	1	competition	competition	NOUN
abrj-536	291	2	,	,	PUNCT
abrj-536	291	3	profitability	profitability	NOUN
abrj-536	291	4	,	,	PUNCT
abrj-536	291	5	and	and	CCONJ
abrj-536	291	6	discount	discount	NOUN
abrj-536	291	7	rates	rate	NOUN
abrj-536	291	8	.	.	PUNCT
abrj-536	292	1	journal	journal	NOUN
abrj-536	292	2	of	of	ADP
abrj-536	292	3	financial	financial	ADJ
abrj-536	292	4	economics	economic	NOUN
abrj-536	292	5	,	,	PUNCT
abrj-536	292	6	140(2	140(2	NUM
abrj-536	292	7	)	)	PUNCT
abrj-536	292	8	,	,	PUNCT
abrj-536	292	9	582–620	582–620	NUM
abrj-536	292	10	.	.	PUNCT
abrj-536	293	1	https://doi.org/10.1016/j.jfineco.2020.11.010	https://doi.org/10.1016/j.jfineco.2020.11.010	ADJ
abrj-536	293	2	dung	dung	NOUN
abrj-536	293	3	,	,	PUNCT
abrj-536	293	4	n.	n.	NOUN
abrj-536	293	5	n.	n.	PROPN
abrj-536	293	6	,	,	PUNCT
abrj-536	293	7	&	&	CCONJ
abrj-536	293	8	duc	duc	PROPN
abrj-536	293	9	,	,	PUNCT
abrj-536	293	10	p.	p.	NOUN
abrj-536	293	11	m.	m.	NOUN
abrj-536	293	12	(	(	PUNCT
abrj-536	293	13	2025	2025	NUM
abrj-536	293	14	)	)	PUNCT
abrj-536	293	15	.	.	PUNCT
abrj-536	294	1	digital	digital	ADJ
abrj-536	294	2	transformation	transformation	NOUN
abrj-536	294	3	strategy	strategy	NOUN
abrj-536	294	4	in	in	ADP
abrj-536	294	5	the	the	DET
abrj-536	294	6	logistics	logistic	NOUN
abrj-536	294	7	sector	sector	NOUN
abrj-536	294	8	of	of	ADP
abrj-536	294	9	emerging	emerge	VERB
abrj-536	294	10	markets	market	NOUN
abrj-536	294	11	:	:	PUNCT
abrj-536	294	12	a	a	DET
abrj-536	294	13	case	case	NOUN
abrj-536	294	14	study	study	NOUN
abrj-536	294	15	of	of	ADP
abrj-536	294	16	indotrans	indotran	NOUN
abrj-536	294	17	,	,	PUNCT
abrj-536	294	18	vietnam	vietnam	PROPN
abrj-536	294	19	.	.	PUNCT
abrj-536	295	1	asian	asian	PROPN
abrj-536	295	2	business	business	PROPN
abrj-536	295	3	research	research	NOUN
abrj-536	295	4	journal	journal	NOUN
abrj-536	295	5	,	,	PUNCT
abrj-536	295	6	10(7	10(7	NUM
abrj-536	295	7	)	)	PUNCT
abrj-536	295	8	,	,	PUNCT
abrj-536	295	9	60–66	60–66	NUM
abrj-536	295	10	.	.	PUNCT
abrj-536	296	1	fichman	fichman	PROPN
abrj-536	296	2	,	,	PUNCT
abrj-536	296	3	r.	r.	PROPN
abrj-536	296	4	g.	g.	PROPN
abrj-536	296	5	,	,	PUNCT
abrj-536	296	6	dos	dos	PROPN
abrj-536	296	7	santos	santos	PROPN
abrj-536	296	8	,	,	PUNCT
abrj-536	296	9	b.	b.	PROPN
abrj-536	296	10	l.	l.	PROPN
abrj-536	296	11	,	,	PUNCT
abrj-536	296	12	&	&	CCONJ
abrj-536	296	13	zheng	zheng	PROPN
abrj-536	296	14	,	,	PUNCT
abrj-536	296	15	z.	z.	PROPN
abrj-536	296	16	(	(	PUNCT
abrj-536	296	17	2014	2014	NUM
abrj-536	296	18	)	)	PUNCT
abrj-536	296	19	.	.	PUNCT
abrj-536	297	1	digital	digital	ADJ
abrj-536	297	2	innovation	innovation	NOUN
abrj-536	297	3	as	as	ADP
abrj-536	297	4	a	a	DET
abrj-536	297	5	fundamental	fundamental	ADJ
abrj-536	297	6	and	and	CCONJ
abrj-536	297	7	powerful	powerful	ADJ
abrj-536	297	8	concept	concept	NOUN
abrj-536	297	9	in	in	ADP
abrj-536	297	10	the	the	DET
abrj-536	297	11	information	information	NOUN
abrj-536	297	12	systems	system	NOUN
abrj-536	297	13	curriculum	curriculum	PROPN
abrj-536	297	14	.	.	PUNCT
abrj-536	298	1	mis	mis	PROPN
abrj-536	298	2	quarterly	quarterly	PROPN
abrj-536	298	3	,	,	PUNCT
abrj-536	298	4	38(2	38(2	NOUN
abrj-536	298	5	)	)	PUNCT
abrj-536	298	6	,	,	PUNCT
abrj-536	298	7	329–353	329–353	PROPN
abrj-536	298	8	.	.	PUNCT
abrj-536	299	1	https://doi.org/10.25300/misq/2014/38.2.01	https://doi.org/10.25300/misq/2014/38.2.01	PROPN
abrj-536	299	2	ghouri	ghouri	PROPN
abrj-536	299	3	,	,	PUNCT
abrj-536	299	4	a.	a.	NOUN
abrj-536	299	5	m.	m.	NOUN
abrj-536	299	6	,	,	PUNCT
abrj-536	299	7	akhtar	akhtar	PROPN
abrj-536	299	8	,	,	PUNCT
abrj-536	299	9	p.	p.	PROPN
abrj-536	299	10	,	,	PUNCT
abrj-536	299	11	haq	haq	PROPN
abrj-536	299	12	,	,	PUNCT
abrj-536	299	13	m.	m.	NOUN
abrj-536	299	14	a.	a.	PROPN
abrj-536	299	15	,	,	PUNCT
abrj-536	299	16	mani	mani	PROPN
abrj-536	299	17	,	,	PUNCT
abrj-536	299	18	v.	v.	ADV
abrj-536	299	19	,	,	PUNCT
abrj-536	299	20	arsenyan	arsenyan	PROPN
abrj-536	299	21	,	,	PUNCT
abrj-536	299	22	g.	g.	PROPN
abrj-536	299	23	,	,	PUNCT
abrj-536	299	24	&	&	CCONJ
abrj-536	299	25	meyer	meyer	PROPN
abrj-536	299	26	,	,	PUNCT
abrj-536	299	27	m.	m.	NOUN
abrj-536	299	28	(	(	PUNCT
abrj-536	299	29	2021	2021	NUM
abrj-536	299	30	)	)	PUNCT
abrj-536	299	31	.	.	PUNCT
abrj-536	300	1	real	real	ADJ
abrj-536	300	2	-	-	PUNCT
abrj-536	300	3	time	time	NOUN
abrj-536	300	4	information	information	NOUN
abrj-536	300	5	sharing	sharing	NOUN
abrj-536	300	6	,	,	PUNCT
abrj-536	300	7	customer	customer	NOUN
abrj-536	300	8	orientation	orientation	NOUN
abrj-536	300	9	,	,	PUNCT
abrj-536	300	10	and	and	CCONJ
abrj-536	300	11	the	the	DET
abrj-536	300	12	exploration	exploration	NOUN
abrj-536	300	13	of	of	ADP
abrj-536	300	14	intra	intra	ADJ
abrj-536	300	15	-	-	ADJ
abrj-536	300	16	service	service	ADJ
abrj-536	300	17	industry	industry	NOUN
abrj-536	300	18	differences	difference	NOUN
abrj-536	300	19	:	:	PUNCT
abrj-536	300	20	malaysia	malaysia	NOUN
abrj-536	300	21	as	as	ADP
abrj-536	300	22	an	an	DET
abrj-536	300	23	emerging	emerge	VERB
abrj-536	300	24	market	market	NOUN
abrj-536	300	25	.	.	PUNCT
abrj-536	301	1	technological	technological	ADJ
abrj-536	301	2	forecasting	forecasting	NOUN
abrj-536	301	3	and	and	CCONJ
abrj-536	301	4	social	social	ADJ
abrj-536	301	5	change	change	NOUN
abrj-536	301	6	,	,	PUNCT
abrj-536	301	7	167	167	NUM
abrj-536	301	8	,	,	PUNCT
abrj-536	301	9	120684	120684	NUM
abrj-536	301	10	.	.	PUNCT
abrj-536	302	1	https://doi.org/10.1016/j.techfore.2021.120684	https://doi.org/10.1016/j.techfore.2021.120684	PROPN
abrj-536	302	2	ho	ho	PROPN
abrj-536	302	3	,	,	PUNCT
abrj-536	302	4	s.	s.	PROPN
abrj-536	302	5	y.	y.	PROPN
abrj-536	302	6	(	(	PUNCT
abrj-536	302	7	2006	2006	NUM
abrj-536	302	8	)	)	PUNCT
abrj-536	302	9	.	.	PUNCT
abrj-536	303	1	the	the	DET
abrj-536	303	2	attraction	attraction	NOUN
abrj-536	303	3	of	of	ADP
abrj-536	303	4	internet	internet	NOUN
abrj-536	303	5	personalization	personalization	NOUN
abrj-536	303	6	to	to	ADP
abrj-536	303	7	web	web	NOUN
abrj-536	303	8	users	user	NOUN
abrj-536	303	9	.	.	PUNCT
abrj-536	304	1	electronic	electronic	ADJ
abrj-536	304	2	markets	market	NOUN
abrj-536	304	3	,	,	PUNCT
abrj-536	304	4	16(1	16(1	NUM
abrj-536	304	5	)	)	PUNCT
abrj-536	304	6	,	,	PUNCT
abrj-536	304	7	41–50	41–50	NOUN
abrj-536	304	8	.	.	PUNCT
abrj-536	305	1	https://doi.org/10.1080/10196780500491350	https://doi.org/10.1080/10196780500491350	PROPN
abrj-536	305	2	jiang	jiang	PROPN
abrj-536	305	3	,	,	PUNCT
abrj-536	305	4	m.	m.	NOUN
abrj-536	305	5	,	,	PUNCT
abrj-536	305	6	fang	fang	PROPN
abrj-536	305	7	,	,	PUNCT
abrj-536	305	8	j.	j.	PROPN
abrj-536	305	9	,	,	PUNCT
abrj-536	305	10	yang	yang	PROPN
abrj-536	305	11	,	,	PUNCT
abrj-536	305	12	y.	y.	PROPN
abrj-536	305	13	,	,	PUNCT
abrj-536	305	14	yu	yu	PROPN
abrj-536	305	15	,	,	PUNCT
abrj-536	305	16	c.	c.	PROPN
abrj-536	305	17	,	,	PUNCT
abrj-536	305	18	&	&	CCONJ
abrj-536	305	19	li	li	PROPN
abrj-536	305	20	,	,	PUNCT
abrj-536	305	21	j.	j.	PROPN
abrj-536	305	22	(	(	PUNCT
abrj-536	305	23	2024	2024	NUM
abrj-536	305	24	)	)	PUNCT
abrj-536	305	25	.	.	PUNCT
abrj-536	306	1	supply	supply	NOUN
abrj-536	306	2	chain	chain	NOUN
abrj-536	306	3	concentration	concentration	NOUN
abrj-536	306	4	,	,	PUNCT
abrj-536	306	5	industry	industry	NOUN
abrj-536	306	6	concentration	concentration	NOUN
abrj-536	306	7	and	and	CCONJ
abrj-536	306	8	enterprise	enterprise	NOUN
abrj-536	306	9	innovation	innovation	NOUN
abrj-536	306	10	performance	performance	NOUN
abrj-536	306	11	.	.	PUNCT
abrj-536	307	1	finance	finance	NOUN
abrj-536	307	2	research	research	NOUN
abrj-536	307	3	letters	letter	NOUN
abrj-536	307	4	,	,	PUNCT
abrj-536	307	5	63	63	NUM
abrj-536	307	6	,	,	PUNCT
abrj-536	307	7	105394	105394	NUM
abrj-536	307	8	.	.	PUNCT
abrj-536	308	1	https://doi.org/10.1016/j.frl.2024.105394	https://doi.org/10.1016/j.frl.2024.105394	X
abrj-536	308	2	jost	jost	PROPN
abrj-536	308	3	,	,	PUNCT
abrj-536	308	4	p.	p.	PROPN
abrj-536	308	5	j.	j.	PROPN
abrj-536	308	6	,	,	PUNCT
abrj-536	308	7	&	&	CCONJ
abrj-536	308	8	süsser	süsser	PROPN
abrj-536	308	9	,	,	PUNCT
abrj-536	308	10	t.	t.	PROPN
abrj-536	308	11	(	(	PUNCT
abrj-536	308	12	2020	2020	NUM
abrj-536	308	13	)	)	PUNCT
abrj-536	308	14	.	.	PUNCT
abrj-536	309	1	company	company	NOUN
abrj-536	309	2	–	–	PUNCT
abrj-536	309	3	customer	customer	NOUN
abrj-536	309	4	interaction	interaction	NOUN
abrj-536	309	5	in	in	ADP
abrj-536	309	6	mass	mass	NOUN
abrj-536	309	7	customization	customization	NOUN
abrj-536	309	8	.	.	PUNCT
abrj-536	310	1	international	international	ADJ
abrj-536	310	2	journal	journal	PROPN
abrj-536	310	3	of	of	ADP
abrj-536	310	4	production	production	NOUN
abrj-536	310	5	economics	economic	NOUN
abrj-536	310	6	,	,	PUNCT
abrj-536	310	7	220	220	NUM
abrj-536	310	8	,	,	PUNCT
abrj-536	310	9	107454	107454	NUM
abrj-536	310	10	.	.	PUNCT
abrj-536	311	1	https://doi.org/10.1016/j.ijpe.2019.07.034	https://doi.org/10.1016/j.ijpe.2019.07.034	PROPN
abrj-536	311	2	kiffin	kiffin	PROPN
abrj-536	311	3	-	-	PUNCT
abrj-536	311	4	petersen	petersen	PROPN
abrj-536	311	5	,	,	PUNCT
abrj-536	311	6	s.	s.	PROPN
abrj-536	311	7	a.	a.	PROPN
abrj-536	311	8	,	,	PUNCT
abrj-536	311	9	&	&	CCONJ
abrj-536	311	10	soutar	soutar	NOUN
abrj-536	311	11	,	,	PUNCT
abrj-536	311	12	g.	g.	PROPN
abrj-536	311	13	n.	n.	PROPN
abrj-536	311	14	(	(	PUNCT
abrj-536	311	15	2020	2020	NUM
abrj-536	311	16	)	)	PUNCT
abrj-536	311	17	.	.	PUNCT
abrj-536	312	1	service	service	NOUN
abrj-536	312	2	employees	employee	NOUN
abrj-536	312	3	’	’	PART
abrj-536	312	4	personality	personality	NOUN
abrj-536	312	5	,	,	PUNCT
abrj-536	312	6	customer	customer	NOUN
abrj-536	312	7	orientation	orientation	NOUN
abrj-536	312	8	and	and	CCONJ
abrj-536	312	9	customer	customer	NOUN
abrj-536	312	10	incivility	incivility	NOUN
abrj-536	312	11	.	.	PUNCT
abrj-536	313	1	international	international	ADJ
abrj-536	313	2	journal	journal	NOUN
abrj-536	313	3	of	of	ADP
abrj-536	313	4	quality	quality	NOUN
abrj-536	313	5	and	and	CCONJ
abrj-536	313	6	service	service	NOUN
abrj-536	313	7	sciences	science	NOUN
abrj-536	313	8	,	,	PUNCT
abrj-536	313	9	12(3	12(3	NUM
abrj-536	313	10	)	)	PUNCT
abrj-536	313	11	,	,	PUNCT
abrj-536	313	12	281–296	281–296	NUM
abrj-536	313	13	.	.	PUNCT
abrj-536	314	1	https://doi.org/10.1108/ijqss-09-2019-0119	https://doi.org/10.1108/ijqss-09-2019-0119	NOUN
abrj-536	314	2	lueg	lueg	PROPN
abrj-536	314	3	,	,	PUNCT
abrj-536	314	4	r.	r.	PROPN
abrj-536	314	5	,	,	PUNCT
abrj-536	314	6	&	&	CCONJ
abrj-536	314	7	borisov	borisov	PROPN
abrj-536	314	8	,	,	PUNCT
abrj-536	314	9	b.	b.	PROPN
abrj-536	314	10	g.	g.	PROPN
abrj-536	314	11	(	(	PUNCT
abrj-536	314	12	2014	2014	NUM
abrj-536	314	13	)	)	PUNCT
abrj-536	314	14	.	.	PUNCT
abrj-536	315	1	archival	archival	NOUN
abrj-536	315	2	or	or	CCONJ
abrj-536	315	3	perceived	perceive	VERB
abrj-536	315	4	measures	measure	NOUN
abrj-536	315	5	of	of	ADP
abrj-536	315	6	environmental	environmental	ADJ
abrj-536	315	7	uncertainty	uncertainty	NOUN
abrj-536	315	8	?	?	PUNCT
abrj-536	316	1	conceptualization	conceptualization	NOUN
abrj-536	316	2	and	and	CCONJ
abrj-536	316	3	new	new	ADJ
abrj-536	316	4	empirical	empirical	ADJ
abrj-536	316	5	evidence	evidence	NOUN
abrj-536	316	6	.	.	PUNCT
abrj-536	317	1	european	european	ADJ
abrj-536	317	2	management	management	PROPN
abrj-536	317	3	journal	journal	PROPN
abrj-536	317	4	,	,	PUNCT
abrj-536	317	5	32(4	32(4	NUM
abrj-536	317	6	)	)	PUNCT
abrj-536	317	7	,	,	PUNCT
abrj-536	317	8	658–671	658–671	NUM
abrj-536	317	9	.	.	PUNCT
abrj-536	318	1	https://doi.org/10.1016/j.emj.2013.12.004	https://doi.org/10.1016/j.emj.2013.12.004	NOUN
abrj-536	318	2	olugbenga	olugbenga	NOUN
abrj-536	318	3	,	,	PUNCT
abrj-536	318	4	a.	a.	PROPN
abrj-536	318	5	f.	f.	PROPN
abrj-536	318	6	(	(	PUNCT
abrj-536	318	7	2025	2025	NUM
abrj-536	318	8	)	)	PUNCT
abrj-536	318	9	.	.	PUNCT
abrj-536	319	1	harnessing	harness	VERB
abrj-536	319	2	fintech	fintech	NOUN
abrj-536	319	3	innovations	innovation	NOUN
abrj-536	319	4	for	for	ADP
abrj-536	319	5	renewable	renewable	ADJ
abrj-536	319	6	energy	energy	NOUN
abrj-536	319	7	:	:	PUNCT
abrj-536	319	8	revolutionizing	revolutionize	VERB
abrj-536	319	9	investment	investment	NOUN
abrj-536	319	10	models	model	NOUN
abrj-536	319	11	to	to	PART
abrj-536	319	12	achieve	achieve	VERB
abrj-536	319	13	sustainable	sustainable	ADJ
abrj-536	319	14	development	development	NOUN
abrj-536	319	15	goal	goal	NOUN
abrj-536	319	16	7	7	NUM
abrj-536	319	17	.	.	PUNCT
abrj-536	319	18	asian	asian	ADJ
abrj-536	319	19	business	business	PROPN
abrj-536	319	20	research	research	NOUN
abrj-536	319	21	journal	journal	NOUN
abrj-536	319	22	,	,	PUNCT
abrj-536	319	23	10(7	10(7	NUM
abrj-536	319	24	)	)	PUNCT
abrj-536	319	25	,	,	PUNCT
abrj-536	319	26	92–104	92–104	PROPN
abrj-536	319	27	.	.	PUNCT
abrj-536	320	1	porter	porter	NOUN
abrj-536	320	2	,	,	PUNCT
abrj-536	320	3	a.	a.	PROPN
abrj-536	320	4	l.	l.	PROPN
abrj-536	320	5	,	,	PUNCT
abrj-536	320	6	kongthon	kongthon	PROPN
abrj-536	320	7	,	,	PUNCT
abrj-536	320	8	a.	a.	PROPN
abrj-536	320	9	,	,	PUNCT
abrj-536	320	10	&	&	CCONJ
abrj-536	320	11	lu	lu	PROPN
abrj-536	320	12	,	,	PUNCT
abrj-536	320	13	j.	j.	PROPN
abrj-536	320	14	c.	c.	PROPN
abrj-536	320	15	(	(	PUNCT
abrj-536	320	16	2002	2002	NUM
abrj-536	320	17	)	)	PUNCT
abrj-536	320	18	.	.	PUNCT
abrj-536	321	1	research	research	NOUN
abrj-536	321	2	profiling	profiling	NOUN
abrj-536	321	3	:	:	PUNCT
abrj-536	321	4	improving	improve	VERB
abrj-536	321	5	the	the	DET
abrj-536	321	6	literature	literature	PROPN
abrj-536	321	7	review	review	PROPN
abrj-536	321	8	.	.	PUNCT
abrj-536	322	1	scientometrics	scientometrics	PROPN
abrj-536	322	2	,	,	PUNCT
abrj-536	322	3	53(3	53(3	NUM
abrj-536	322	4	)	)	PUNCT
abrj-536	322	5	,	,	PUNCT
abrj-536	322	6	351–370	351–370	NUM
abrj-536	322	7	.	.	PUNCT
abrj-536	323	1	https://doi.org/10.1023/a:1014873029258	https://doi.org/10.1023/a:1014873029258	PROPN
abrj-536	323	2	rahmayati	rahmayati	PROPN
abrj-536	323	3	,	,	PUNCT
abrj-536	323	4	r.	r.	PROPN
abrj-536	323	5	(	(	PUNCT
abrj-536	323	6	2021	2021	NUM
abrj-536	323	7	)	)	PUNCT
abrj-536	323	8	.	.	PUNCT
abrj-536	324	1	competition	competition	NOUN
abrj-536	324	2	strategy	strategy	NOUN
abrj-536	324	3	in	in	ADP
abrj-536	324	4	the	the	DET
abrj-536	324	5	islamic	islamic	ADJ
abrj-536	324	6	banking	banking	NOUN
abrj-536	324	7	industry	industry	NOUN
abrj-536	324	8	:	:	PUNCT
abrj-536	324	9	an	an	DET
abrj-536	324	10	empirical	empirical	ADJ
abrj-536	324	11	review	review	NOUN
abrj-536	324	12	.	.	PUNCT
abrj-536	325	1	international	international	ADJ
abrj-536	325	2	journal	journal	PROPN
abrj-536	325	3	of	of	ADP
abrj-536	325	4	business	business	NOUN
abrj-536	325	5	,	,	PUNCT
abrj-536	325	6	economics	economic	NOUN
abrj-536	325	7	,	,	PUNCT
abrj-536	325	8	and	and	CCONJ
abrj-536	325	9	social	social	ADJ
abrj-536	325	10	development	development	NOUN
abrj-536	325	11	,	,	PUNCT
abrj-536	325	12	2(2	2(2	NUM
abrj-536	325	13	)	)	PUNCT
abrj-536	325	14	,	,	PUNCT
abrj-536	325	15	65–71	65–71	NOUN
abrj-536	325	16	.	.	PUNCT
abrj-536	326	1	https://doi.org/10.46336/ijbesd.v2i2.164	https://doi.org/10.46336/ijbesd.v2i2.164	PROPN
abrj-536	326	2	reiter	reiter	PROPN
abrj-536	326	3	,	,	PUNCT
abrj-536	326	4	n.	n.	NOUN
abrj-536	326	5	(	(	PUNCT
abrj-536	326	6	2021	2021	NUM
abrj-536	326	7	)	)	PUNCT
abrj-536	326	8	.	.	PUNCT
abrj-536	327	1	investor	investor	NOUN
abrj-536	327	2	communication	communication	NOUN
abrj-536	327	3	and	and	CCONJ
abrj-536	327	4	the	the	DET
abrj-536	327	5	benefits	benefit	NOUN
abrj-536	327	6	of	of	ADP
abrj-536	327	7	cross	cross	ADJ
abrj-536	327	8	-	-	ADJ
abrj-536	327	9	listing	listing	ADJ
abrj-536	327	10	.	.	PUNCT
abrj-536	328	1	journal	journal	NOUN
abrj-536	328	2	of	of	ADP
abrj-536	328	3	accounting	accounting	NOUN
abrj-536	328	4	and	and	CCONJ
abrj-536	328	5	economics	economic	NOUN
abrj-536	328	6	,	,	PUNCT
abrj-536	328	7	71(1	71(1	NUM
abrj-536	328	8	)	)	PUNCT
abrj-536	328	9	,	,	PUNCT
abrj-536	328	10	101356	101356	NUM
abrj-536	328	11	.	.	PUNCT
abrj-536	329	1	https://doi.org/10.1016/j.jacceco.2021.101356	https://doi.org/10.1016/j.jacceco.2021.101356	NOUN
abrj-536	329	2	schweidel	schweidel	VERB
abrj-536	329	3	,	,	PUNCT
abrj-536	329	4	d.	d.	PROPN
abrj-536	329	5	a.	a.	PROPN
abrj-536	329	6	,	,	PUNCT
abrj-536	329	7	bart	bart	PROPN
abrj-536	329	8	,	,	PUNCT
abrj-536	329	9	y.	y.	PROPN
abrj-536	329	10	,	,	PUNCT
abrj-536	329	11	inman	inman	PROPN
abrj-536	329	12	,	,	PUNCT
abrj-536	329	13	j.	j.	PROPN
abrj-536	329	14	j.	j.	PROPN
abrj-536	329	15	,	,	PUNCT
abrj-536	329	16	stephen	stephen	PROPN
abrj-536	329	17	,	,	PUNCT
abrj-536	329	18	a.	a.	NOUN
abrj-536	329	19	t.	t.	PROPN
abrj-536	329	20	,	,	PUNCT
abrj-536	329	21	libai	libai	NOUN
abrj-536	329	22	,	,	PUNCT
abrj-536	329	23	b.	b.	PROPN
abrj-536	329	24	,	,	PUNCT
abrj-536	329	25	andrews	andrews	PROPN
abrj-536	329	26	,	,	PUNCT
abrj-536	329	27	m.	m.	NOUN
abrj-536	329	28	,	,	PUNCT
abrj-536	329	29	…	…	PUNCT
abrj-536	329	30	thomaz	thomaz	PROPN
abrj-536	329	31	,	,	PUNCT
abrj-536	329	32	f.	f.	PROPN
abrj-536	329	33	(	(	PUNCT
abrj-536	329	34	2022	2022	NUM
abrj-536	329	35	)	)	PUNCT
abrj-536	329	36	.	.	PUNCT
abrj-536	330	1	how	how	SCONJ
abrj-536	330	2	consumer	consumer	NOUN
abrj-536	330	3	digital	digital	ADJ
abrj-536	330	4	signals	signal	NOUN
abrj-536	330	5	are	be	AUX
abrj-536	330	6	reshaping	reshape	VERB
abrj-536	330	7	the	the	DET
abrj-536	330	8	customer	customer	NOUN
abrj-536	330	9	journey	journey	NOUN
abrj-536	330	10	.	.	PUNCT
abrj-536	331	1	journal	journal	NOUN
abrj-536	331	2	of	of	ADP
abrj-536	331	3	the	the	DET
abrj-536	331	4	academy	academy	NOUN
abrj-536	331	5	of	of	ADP
abrj-536	331	6	marketing	marketing	NOUN
abrj-536	331	7	science	science	NOUN
abrj-536	331	8	,	,	PUNCT
abrj-536	331	9	50(6	50(6	NUM
abrj-536	331	10	)	)	PUNCT
abrj-536	331	11	,	,	PUNCT
abrj-536	331	12	1257–1276	1257–1276	NUM
abrj-536	331	13	.	.	PUNCT
abrj-536	332	1	https://doi.org/10.1007/s11747022-00865-1	https://doi.org/10.1007/s11747022-00865-1	PROPN
abrj-536	332	2	sehlin	sehlin	PROPN
abrj-536	332	3	,	,	PUNCT
abrj-536	332	4	d.	d.	PROPN
abrj-536	332	5	,	,	PUNCT
abrj-536	332	6	truedsson	truedsson	PROPN
abrj-536	332	7	,	,	PUNCT
abrj-536	332	8	m.	m.	NOUN
abrj-536	332	9	,	,	PUNCT
abrj-536	332	10	&	&	CCONJ
abrj-536	332	11	cronemyr	cronemyr	PROPN
abrj-536	332	12	,	,	PUNCT
abrj-536	332	13	p.	p.	NOUN
abrj-536	332	14	(	(	PUNCT
abrj-536	332	15	2019	2019	NUM
abrj-536	332	16	)	)	PUNCT
abrj-536	332	17	.	.	PUNCT
abrj-536	333	1	a	a	DET
abrj-536	333	2	conceptual	conceptual	ADJ
abrj-536	333	3	cooperative	cooperative	ADJ
abrj-536	333	4	model	model	NOUN
abrj-536	333	5	designed	design	VERB
abrj-536	333	6	for	for	ADP
abrj-536	333	7	processes	process	NOUN
abrj-536	333	8	,	,	PUNCT
abrj-536	333	9	digitalisation	digitalisation	NOUN
abrj-536	333	10	and	and	CCONJ
abrj-536	333	11	innovation	innovation	NOUN
abrj-536	333	12	.	.	PUNCT
abrj-536	334	1	international	international	ADJ
abrj-536	334	2	journal	journal	NOUN
abrj-536	334	3	of	of	ADP
abrj-536	334	4	quality	quality	NOUN
abrj-536	334	5	and	and	CCONJ
abrj-536	334	6	service	service	NOUN
abrj-536	334	7	sciences	science	NOUN
abrj-536	334	8	,	,	PUNCT
abrj-536	334	9	11(4	11(4	NUM
abrj-536	334	10	)	)	PUNCT
abrj-536	334	11	,	,	PUNCT
abrj-536	334	12	504–522	504–522	NUM
abrj-536	334	13	.	.	PUNCT
abrj-536	335	1	https://doi.org/10.1108/ijqss-05-2018-0043	https://doi.org/10.1108/ijqss-05-2018-0043	PROPN
abrj-536	335	2	shao	shao	PROPN
abrj-536	335	3	,	,	PUNCT
abrj-536	335	4	x.-f	x.-f	NOUN
abrj-536	335	5	.	.	PUNCT
abrj-536	336	1	(	(	PUNCT
abrj-536	336	2	2020	2020	NUM
abrj-536	336	3	)	)	PUNCT
abrj-536	336	4	.	.	PUNCT
abrj-536	337	1	what	what	PRON
abrj-536	337	2	is	be	AUX
abrj-536	337	3	the	the	DET
abrj-536	337	4	right	right	ADJ
abrj-536	337	5	production	production	NOUN
abrj-536	337	6	strategy	strategy	NOUN
abrj-536	337	7	for	for	ADP
abrj-536	337	8	horizontally	horizontally	ADV
abrj-536	337	9	differentiated	differentiate	VERB
abrj-536	337	10	product	product	NOUN
abrj-536	337	11	:	:	PUNCT
abrj-536	337	12	standardization	standardization	NOUN
abrj-536	337	13	or	or	CCONJ
abrj-536	337	14	mass	mass	NOUN
abrj-536	337	15	customization	customization	NOUN
abrj-536	337	16	?	?	PUNCT
abrj-536	338	1	international	international	ADJ
abrj-536	338	2	journal	journal	NOUN
abrj-536	338	3	of	of	ADP
abrj-536	338	4	production	production	NOUN
abrj-536	338	5	economics	economic	NOUN
abrj-536	338	6	,	,	PUNCT
abrj-536	338	7	223	223	NUM
abrj-536	338	8	,	,	PUNCT
abrj-536	338	9	107527	107527	NUM
abrj-536	338	10	.	.	PUNCT
abrj-536	339	1	https://doi.org/10.1016/j.ijpe.2019.107527	https://doi.org/10.1016/j.ijpe.2019.107527	ADJ
abrj-536	339	2	shou	shou	PROPN
abrj-536	339	3	,	,	PUNCT
abrj-536	339	4	y.	y.	PROPN
abrj-536	339	5	,	,	PUNCT
abrj-536	339	6	shao	shao	PROPN
abrj-536	339	7	,	,	PUNCT
abrj-536	339	8	j.	j.	PROPN
abrj-536	339	9	,	,	PUNCT
abrj-536	339	10	&	&	CCONJ
abrj-536	339	11	wang	wang	PROPN
abrj-536	339	12	,	,	PUNCT
abrj-536	339	13	w.	w.	PROPN
abrj-536	339	14	(	(	PUNCT
abrj-536	339	15	2021	2021	NUM
abrj-536	339	16	)	)	PUNCT
abrj-536	339	17	.	.	PUNCT
abrj-536	340	1	how	how	SCONJ
abrj-536	340	2	does	do	AUX
abrj-536	340	3	reverse	reverse	VERB
abrj-536	340	4	factoring	factoring	NOUN
abrj-536	340	5	affect	affect	VERB
abrj-536	340	6	operating	operating	NOUN
abrj-536	340	7	performance	performance	NOUN
abrj-536	340	8	?	?	PUNCT
abrj-536	341	1	an	an	DET
abrj-536	341	2	event	event	NOUN
abrj-536	341	3	study	study	NOUN
abrj-536	341	4	of	of	ADP
abrj-536	341	5	chinese	chinese	ADJ
abrj-536	341	6	manufacturing	manufacturing	NOUN
abrj-536	341	7	firms	firm	NOUN
abrj-536	341	8	.	.	PUNCT
abrj-536	342	1	international	international	ADJ
abrj-536	342	2	journal	journal	PROPN
abrj-536	342	3	of	of	ADP
abrj-536	342	4	operations	operation	NOUN
abrj-536	342	5	&	&	CCONJ
abrj-536	342	6	production	production	NOUN
abrj-536	342	7	management	management	NOUN
abrj-536	342	8	,	,	PUNCT
abrj-536	342	9	41(4	41(4	NUM
abrj-536	342	10	)	)	PUNCT
abrj-536	342	11	,	,	PUNCT
abrj-536	342	12	289–312	289–312	NUM
abrj-536	342	13	.	.	PUNCT
abrj-536	342	14	https://doi.org/10.1108/ijopm-12-2019-0833	https://doi.org/10.1108/ijopm-12-2019-0833	VERB
abrj-536	342	15	sun	sun	NOUN
abrj-536	342	16	,	,	PUNCT
abrj-536	342	17	x.	x.	PROPN
abrj-536	342	18	,	,	PUNCT
abrj-536	342	19	&	&	CCONJ
abrj-536	342	20	zhang	zhang	PROPN
abrj-536	342	21	,	,	PUNCT
abrj-536	342	22	q.	q.	PROPN
abrj-536	342	23	(	(	PUNCT
abrj-536	342	24	2021	2021	NUM
abrj-536	342	25	)	)	PUNCT
abrj-536	342	26	.	.	PUNCT
abrj-536	343	1	building	build	VERB
abrj-536	343	2	digital	digital	ADJ
abrj-536	343	3	incentives	incentive	NOUN
abrj-536	343	4	for	for	ADP
abrj-536	343	5	digital	digital	ADJ
abrj-536	343	6	customer	customer	NOUN
abrj-536	343	7	orientation	orientation	NOUN
abrj-536	343	8	in	in	ADP
abrj-536	343	9	platform	platform	NOUN
abrj-536	343	10	ecosystems	ecosystem	NOUN
abrj-536	343	11	.	.	PUNCT
abrj-536	344	1	journal	journal	PROPN
abrj-536	344	2	of	of	ADP
abrj-536	344	3	business	business	NOUN
abrj-536	344	4	research	research	NOUN
abrj-536	344	5	,	,	PUNCT
abrj-536	344	6	137	137	NUM
abrj-536	344	7	,	,	PUNCT
abrj-536	344	8	555–566	555–566	NUM
abrj-536	344	9	.	.	PUNCT
abrj-536	345	1	https://doi.org/10.1016/j.jbusres.2021.08.038	https://doi.org/10.1016/j.jbusres.2021.08.038	PROPN
abrj-536	345	2	tam	tam	PROPN
abrj-536	345	3	,	,	PUNCT
abrj-536	345	4	k.	k.	PROPN
abrj-536	345	5	y.	y.	PROPN
abrj-536	345	6	,	,	PUNCT
abrj-536	345	7	&	&	CCONJ
abrj-536	345	8	ho	ho	PROPN
abrj-536	345	9	,	,	PUNCT
abrj-536	345	10	s.	s.	PROPN
abrj-536	345	11	y.	y.	PROPN
abrj-536	345	12	(	(	PUNCT
abrj-536	345	13	2006	2006	NUM
abrj-536	345	14	)	)	PUNCT
abrj-536	345	15	.	.	PUNCT
abrj-536	346	1	understanding	understand	VERB
abrj-536	346	2	the	the	DET
abrj-536	346	3	impact	impact	NOUN
abrj-536	346	4	of	of	ADP
abrj-536	346	5	web	web	NOUN
abrj-536	346	6	personalization	personalization	NOUN
abrj-536	346	7	on	on	ADP
abrj-536	346	8	user	user	NOUN
abrj-536	346	9	information	information	NOUN
abrj-536	346	10	processing	processing	NOUN
abrj-536	346	11	and	and	CCONJ
abrj-536	346	12	decision	decision	NOUN
abrj-536	346	13	outcomes	outcome	NOUN
abrj-536	346	14	.	.	PUNCT
abrj-536	347	1	mis	mis	PROPN
abrj-536	347	2	quarterly	quarterly	PROPN
abrj-536	347	3	,	,	PUNCT
abrj-536	347	4	30(4	30(4	NUM
abrj-536	347	5	)	)	PUNCT
abrj-536	347	6	,	,	PUNCT
abrj-536	347	7	865–890	865–890	NUM
abrj-536	347	8	.	.	PUNCT
abrj-536	348	1	https://doi.org/10.2307/25148757	https://doi.org/10.2307/25148757	NOUN
abrj-536	348	2	tran	tran	ADJ
abrj-536	348	3	,	,	PUNCT
abrj-536	348	4	n.	n.	NOUN
abrj-536	348	5	t.	t.	PROPN
abrj-536	348	6	m.	m.	NOUN
abrj-536	348	7	(	(	PUNCT
abrj-536	348	8	2025	2025	NUM
abrj-536	348	9	)	)	PUNCT
abrj-536	348	10	.	.	PUNCT
abrj-536	349	1	navigating	navigate	VERB
abrj-536	349	2	digital	digital	ADJ
abrj-536	349	3	disruption	disruption	NOUN
abrj-536	349	4	in	in	ADP
abrj-536	349	5	emerging	emerge	VERB
abrj-536	349	6	markets	market	NOUN
abrj-536	349	7	:	:	PUNCT
abrj-536	349	8	the	the	DET
abrj-536	349	9	mediating	mediate	VERB
abrj-536	349	10	role	role	NOUN
abrj-536	349	11	of	of	ADP
abrj-536	349	12	demand	demand	NOUN
abrj-536	349	13	forecasting	forecasting	NOUN
abrj-536	349	14	accuracy	accuracy	NOUN
abrj-536	349	15	in	in	ADP
abrj-536	349	16	big	big	ADJ
abrj-536	349	17	data	datum	NOUN
abrj-536	349	18	analytics	analytic	NOUN
abrj-536	349	19	capabilities	capability	NOUN
abrj-536	349	20	–	–	PUNCT
abrj-536	349	21	supply	supply	NOUN
abrj-536	349	22	chain	chain	NOUN
abrj-536	349	23	performance	performance	NOUN
abrj-536	349	24	relationships	relationship	NOUN
abrj-536	349	25	within	within	ADP
abrj-536	349	26	vietnam	vietnam	PROPN
abrj-536	349	27	's	's	PART
abrj-536	349	28	fashion	fashion	NOUN
abrj-536	349	29	e	e	PROPN
abrj-536	349	30	-	-	PROPN
abrj-536	349	31	commerce	commerce	NOUN
abrj-536	349	32	ecosystem	ecosystem	NOUN
abrj-536	349	33	.	.	PUNCT
abrj-536	350	1	asian	asian	ADJ
abrj-536	350	2	business	business	PROPN
abrj-536	350	3	research	research	NOUN
abrj-536	350	4	journal	journal	NOUN
abrj-536	350	5	,	,	PUNCT
abrj-536	350	6	10(7	10(7	NUM
abrj-536	350	7	)	)	PUNCT
abrj-536	350	8	,	,	PUNCT
abrj-536	350	9	10–22	10–22	NUM
abrj-536	350	10	.	.	PUNCT
abrj-536	351	1	ullah	ullah	PROPN
abrj-536	351	2	,	,	PUNCT
abrj-536	351	3	i.	i.	PROPN
abrj-536	351	4	,	,	PUNCT
abrj-536	351	5	&	&	CCONJ
abrj-536	351	6	narain	narain	PROPN
abrj-536	351	7	,	,	PUNCT
abrj-536	351	8	r.	r.	PROPN
abrj-536	351	9	(	(	PUNCT
abrj-536	351	10	2018	2018	NUM
abrj-536	351	11	)	)	PUNCT
abrj-536	351	12	.	.	PUNCT
abrj-536	352	1	analysis	analysis	NOUN
abrj-536	352	2	of	of	ADP
abrj-536	352	3	interactions	interaction	NOUN
abrj-536	352	4	among	among	ADP
abrj-536	352	5	the	the	DET
abrj-536	352	6	enablers	enabler	NOUN
abrj-536	352	7	of	of	ADP
abrj-536	352	8	mass	mass	NOUN
abrj-536	352	9	customization	customization	NOUN
abrj-536	352	10	:	:	PUNCT
abrj-536	352	11	an	an	DET
abrj-536	352	12	interpretive	interpretive	ADJ
abrj-536	352	13	structural	structural	ADJ
abrj-536	352	14	modelling	modelling	NOUN
abrj-536	352	15	approach	approach	NOUN
abrj-536	352	16	.	.	PUNCT
abrj-536	353	1	journal	journal	NOUN
abrj-536	353	2	of	of	ADP
abrj-536	353	3	modelling	modelling	NOUN
abrj-536	353	4	in	in	ADP
abrj-536	353	5	management	management	NOUN
abrj-536	353	6	,	,	PUNCT
abrj-536	353	7	13(3	13(3	NUM
abrj-536	353	8	)	)	PUNCT
abrj-536	353	9	,	,	PUNCT
abrj-536	353	10	626–645	626–645	NUM
abrj-536	353	11	.	.	PUNCT
abrj-536	354	1	https://doi.org/10.1108/jm2-02-2017-0018	https://doi.org/10.1108/jm2-02-2017-0018	PROPN
abrj-536	354	2	zannat	zannat	NOUN
abrj-536	354	3	,	,	PUNCT
abrj-536	354	4	m.	m.	NOUN
abrj-536	354	5	,	,	PUNCT
abrj-536	354	6	iqbal	iqbal	PROPN
abrj-536	354	7	,	,	PUNCT
abrj-536	354	8	t.	t.	PROPN
abrj-536	354	9	,	,	PUNCT
abrj-536	354	10	&	&	CCONJ
abrj-536	354	11	tasnim	tasnim	NOUN
abrj-536	354	12	,	,	PUNCT
abrj-536	354	13	t.	t.	PROPN
abrj-536	354	14	(	(	PUNCT
abrj-536	354	15	2024	2024	NUM
abrj-536	354	16	)	)	PUNCT
abrj-536	354	17	.	.	PUNCT
abrj-536	355	1	the	the	DET
abrj-536	355	2	perception	perception	NOUN
abrj-536	355	3	and	and	CCONJ
abrj-536	355	4	approach	approach	NOUN
abrj-536	355	5	of	of	ADP
abrj-536	355	6	bangladeshi	bangladeshi	ADJ
abrj-536	355	7	ready	ready	ADV
abrj-536	355	8	-	-	PUNCT
abrj-536	355	9	made	make	VERB
abrj-536	355	10	garment	garment	NOUN
abrj-536	355	11	factory	factory	NOUN
abrj-536	355	12	in	in	ADP
abrj-536	355	13	the	the	DET
abrj-536	355	14	current	current	ADJ
abrj-536	355	15	context	context	NOUN
abrj-536	355	16	of	of	ADP
abrj-536	355	17	digital	digital	ADJ
abrj-536	355	18	marketing	marketing	NOUN
abrj-536	355	19	.	.	PUNCT
abrj-536	356	1	asian	asian	ADJ
abrj-536	356	2	business	business	PROPN
abrj-536	356	3	research	research	NOUN
abrj-536	356	4	journal	journal	NOUN
abrj-536	356	5	,	,	PUNCT
abrj-536	356	6	9	9	NUM
abrj-536	356	7	,	,	PUNCT
abrj-536	356	8	72–82	72–82	NUM
abrj-536	356	9	.	.	PUNCT
