数字化转型对企业创新的影响——基于生命周期的视角

The Impact of Digital Transformation on Enterprise Innovation——Lifecycle Based Perspective

本文选取2007—2020年我国A股上市企业数据,从生命周期视角探究了数字化转型对企业创新的影响。研究发现:第一,数字化转型可以显著地促进企业创新;第二,在企业成熟期,数字化转型对创新的正向促进效应最显著,而在成长期和衰退期,其效应不明显;进一步研究还发现,数字化转型对非国有企业成长期、国有企业成熟期的创新影响效果显著。其中,在非国有企业成长期,数字化转型和企业创新呈“U”型关系。本文针对企业在不同生命周期中数字化转型和企业创新的关系进行研究,进行产权属性的异质性分析,丰富了数字化转型和企业创新关系的实证研究,可以为政府引导企业发展提供见解和建议。

This article selects data from A-share listed companies in China from 2007 to 2020 and explores the impact of digital transformation on enterprise innovation from a lifecycle perspective.Research has found that:firstly,digital transformation can significantly promote enterprise innovation;Secondly,in the mature stage of enterprises,digital transformation has the most significant positive promoting effect on innovation,while in the growth and decline stages,its effect is not significant;Further research also found that digital transformation has a significant impact on the innovation of non-state-owned enterprises during their growth and maturity periods.Among them,during the growth period of non-state-owned enterprises,there is a“U”shaped relationship between digital transformation and enterprise innovation.This article studies the relationship between digital transformation and enterprise innovation in different life cycles of enterprises,analyzes the heterogeneity of property rights attributes,enriches empirical research on the relationship between digital transformation and enterprise innovation,and provides insights and suggestions for government guidance.