摘要
智能化转型是推动数实融合、加速制造业创新发展的关键驱动力。采用2015—2022年沪深A股制造业上市企业数据,通过理论分析与实证检验,从创新动机视角出发,考察智能化转型对制造业创新的直接影响效果、经济政策不确定性的间接调节机制及多维度异质性特征。研究结果表明,智能化转型能促进企业创新,且对实质性创新的促进作用更强,该结论经过一系列稳健性处理后保持不变。进一步将智能化转型分为智能化转型广度和智能化转型深度进行分析,发现前者具有促进效应而后者具有抑制效应。机制分析表明,经济政策不确定性在智能化转型和企业创新之间具有调节作用,总体上会弱化智能化转型对企业创新的促进作用,但对谋求长期竞争优势的企业而言,反而能增强智能化转型对实质性创新的促进效果。异质性分析显示,处于生命周期衰退期阶段、高人力资本结构及国有股权性质的样本企业,其智能化转型对创新的促进作用更为显著。因而企业应着眼未来,以实质性创新打造长期竞争优势;政府应稳定政策预期,为企业创新营造良好环境。政企双向奔赴,方能推动制造业的智能化转型向纵深发展。
Intelligent transformation is the key driving force to promote the digital⁃real integration and accelerate the development of manufacturing innovation.Based on the data of listed manufacturing enterprises in Shanghai and Shenzhen A⁃share markets from 2015 to 2022,this paper investigates the direct impact of intelligent transformation on manufacturing innovation,the indirect regulation mechanism of economic policy uncertainty and the multi⁃dimensional heterogeneity from the perspective of innovation motivation through theoretical analysis and empirical testing.The findings indicate that intelligent transformation promotes corporate innovation and has a stronger role in fostering substantive innovation.This conclusion is maintained after a series of robustness tests.Intelligent transformation is further analyzed by dividing it into the breadth and the depth of intelligent transformation.In addition,it is found that the former has a facilitating effect while the latter has an inhibiting effect.The mechanism analysis reveals that economic policy uncertainty has a moderating effect between intelligent transformation and enterprise innovation,weakening the facilitating effect of intelligent transformation on enterprise innovation in general;however,it enhances the facilitating effect of intelligent transformation on substantive innovation for enterprises seeking long⁃term competitive advantage instead.The heterogeneity analysis shows that the promoting effect of intelligent transformation on innovation is more significant for sample enterprises with high⁃level human capital structure and state⁃owned equity structure in the decline stage of the life cycle.In conclusion,enterprises should focus on the future and create long⁃term competitive advantages with substantive innovation.The government should stabilize policy expectations and create a good environment for enterprise innovation.At the same time,both government and enterprises should reach out to each other,to promote in⁃depth development of intelligent transformation in manufacturing.
作者
刘伟
卢泓方
于龙振
姜禹辰
LIU Wei;LU Hong-fang;YU Long-zhen;JIANG Yu-chen(School of Economics and Management,Qingdao University of Science and Technology,Qingdao 266061,China)
出处
《广东财经大学学报》
CSSCI
北大核心
2024年第3期4-19,共16页
Journal of Guangdong University of Finance & Economics
基金
国家社会科学基金一般项目(22BJY040)
青岛市社会科学规划研究项目(ODSKL2301157)。
关键词
智能化转型
经济政策不确定性
企业创新
制造业
高质量发展
intelligent transformation
economic policy uncertainty
enterprise innovation
manufacturing
high⁃quality development
作者简介
刘伟(1974⁃),男,山东莱州人,青岛科技大学经济与管理学院副教授,博士;卢泓方(2000⁃),女,山东临沂人,青岛科技大学经济与管理学院研究生;于龙振(1981⁃),男,山东莒县人,青岛科技大学经济与管理学院副教授,博士;姜禹辰(1999⁃),男,吉林白山人,青岛科技大学经济与管理学院研究生。
