供应链关系质量、双元创新与企业全要素生产率——基于对A股上市公司数据的分析

Supply Chain Relationship Quality,Dual Innovation and Enterprise Total Factor Productivity——Based on the analysis of the data of A-share listed companies

企业全要素生产率既是衡量企业绩效的核心指标,也是衡量经济高质量发展的关键指标之一。本文选取我国A股上市公司企业为研究对象,研究供应链关系质量、双元创新与企业全要素生产率之间的关系。研究发现:供应链关系质量与企业全要素生产率呈U型关系。通过作用路径检验发现:供应链关系质量与双元创新也存在U型关系,且供应链关系质量通过影响双元创新进而影响企业全要素生产率。进一步研究发现:在不同的市场地位和融资约束中,供应链关系质量对企业全要素生产率的影响表现出一定的异质性。基于此,企业应进一步稳固供应链关系,注重自身内部机构建设以及采用合适的创新模式,以提高经营绩效。

Enterprise Total factor productivity is not only the core indicator to measure enterprise performance,but also one of the key indicators to measure high-quality economic development.This paper selects A-share listed companies in China as the research object to study the relationship between supply chain relationship quality,dual innovation and enterprise total factor productivity.The research finds that the relationship between supply chain relationship quality and enterprise total factor productivity is U-shaped.Through the function path test,it found that there is also a U-shaped relationship between supply chain relationship quality and dual innovation,and supply chain relationship quality affects enterprise Total factor productivity by influencing dual innovation.Further research finds that:in different market positions and financing constraints,the impact of supply chain relationship quality on enterprise total factor productivity shows a certain heterogeneity.Based on this,enterprises should further strengthen their supply chain relationships,focus on building their own internal institutions,and adopt appropriate innovative models to improve business performance.