Navigating Operational Innovation in Supply Chain-Based Financial Resource Allocation: Evidence from Digitalization Intensity and Breadth

As an innovative financial model that serves real enterprises and real economy, supply chain finance (SCF) has garnered increasing academic attention for its vital role in driving operational innovation through transforming financial resource allocation (FinResA) mechanisms across supply chains. However, existing studies often focus solely on the benefits to focal firms, overlooking how SCF affects their supply chain partners' operational capabilities. This study fills this gap by examining the