摘要
基于2012—2021年沪深A股市场各行业中非领军企业数据,考察行业领军企业数字化转型的溢出效应及其对同行非领军企业高质量发展的赋能效应。研究发现:(1)领军企业数字化转型显著提升了同行非领军企业的创新产出,这一效果主要通过“引领带动效应”和“资源溢出效应”两条路径实现;(2)企业特质及行业特征差异均会显著调节领军企业数字化转型溢出效应的强度;(3)领军企业数字化转型在提升同行非领军企业的创新产出后,进一步赋能同行非领军企业的高质量发展。结论为我国政府创新驱动发展战略的落地以及通过数字化转型推动企业创新和行业高质量发展提供了理论指导和实践启示。
Based on the data of non-leading enterprises in various industries in Shanghai and Shenzhen A-share market from 2012 to 2021,we examine the spillover effect of digital transformation of industry-leading enterprises and its enabling effect on the high-quality development of peer non-leading enterprises.The study finds that:(1)digital transformation of leading firms significantly improves the innovation output of non-leading firms in the same industry,and this effect is mainly realized through two paths,namely the"lead-driven effect"and the"resource spillover effect";(2)differences in both firm traits and industry characteristics significantly moderate the strength of digital transformation spillovers from leading firms;(3)the digital transformation of leading enterprises further empowers the highquality development of peer non-leading enterprises after enhancing the innovation output of peer non-leading enterprises.The conclusion provides theoretical guidance and practical insights for the implementation of the innovation-driven development strategy of China's government as well as the promotion of enterprise innovation and industry high-quality development through digital transformation.
作者
黄宏斌
季荣花
齐政尧
石羡
Huang Hongbin;Ji Ronghua;Qi Zhengyao;Shi Xian(Tianjin University of Finance and Economics,Tianjin 300222,China;Shandong Agriculture And Engineering University,Jinan 250100,Shandong,China)
出处
《金融发展研究》
北大核心
2024年第6期26-38,共13页
Journal Of Financial Development Research
基金
国家社会科学基金“基于横纵价值链视角的企业协同创新研究”(23FGLB048)
山东省社会科学规划研究项目“山东制造业领军企业数字化转型对同行企业高质量发展的助推与牵引研究”(23CSDJ45)。
关键词
数字化转型
创新能力
高质量发展
溢出效应
digital transformation
innovative capacity
high-quality development
spillover effects
