企业社会责任如何影响企业持续创新

How Does Corporate’s Social Responsibility Affect the Persistence of Firm Innovation?

本文基于创新经济学的理论基础,结合当下中国企业创新驱动发展现实需求,从可持续发展角度出发探究了企业社会责任表现对企业持续创新的影响。从理论的角度分析了企业社会责任对企业持续创新影响的同时,利用沪深上市企业2008-2016年的面板数据进行实证检验。研究发现:企业社会责任表现对企业持续创新存在显著的正向影响;相较于强制披露企业社会责任报告的企业,这种支持作用在自愿披露企业中更为显著;在考虑行业特征和政策环境后,进一步分析表明企业社会责任对企业持续创新之间的支持作用在非高技术产业和经济政策不确定性高时更为明显。本文在拓展了企业持续创新相关研究的同时,也为创新驱动战略下企业创新实践活动提供了理论参考。

From the perspective of sustainable development,this paper analyzes the impact of corporate social responsibility on the persistence of corporate innovation based on the theory of innovation economics and the real demand of the innovation-driven development,and then conducts a series of empirical tests based on a sample of Chinese listed firms from 2008 to 2016.The result shows that better corporate’s social responsibility performance is conductive to the persistence of firm innovation,and this positive relationship is more pronounced for firms with voluntary disclosure,for non-high-technology industries firms and when policy uncertainty is high.This paper not only enriches the literature on corporate social responsibility,but also provides theoretical reference for the innovation practice of enterprises under the innovation-driven strategy.