高管团队外部关系网络、合作创新与企业数字化转型

External Relationship Network of Top Management Team,Cooperative Innovation,and Enterprise Digital Transformation

以2012—2020年我国沪深两市A股制造业上市公司为研究对象,基于本文挖掘方法获取年报披露的数字化转型数据,探究高管团队外部关系网络对企业数字化转型的影响及作用机制。研究发现,高管团队外部关系网络能够显著促进企业数字化转型,并且对数字化转型头部企业的促进作用更大。分维度检验结果表明:高管团队的商业、政治、金融、科研关系网络均能够对企业数字化转型产生显著的正向促进效应,其中高管团队科研关系网络的正向促进效应最大,商业关系网络次之;从作用机制来看,高管团队外部关系网络可以显著提升企业合作创新水平,进而推动企业数字化转型发展;异质性分析结果表明,高管团队外部关系网络在非国有企业、动态能力强和地区数字化转型水平高的样本中具有更明显的数字化转型赋能效应。

This paper takes A-share manufacturing listed companies in Shanghai and Shenzhen from 2012 to 2020 as the research object,obtains the digital transformation data disclosed in annual reports based on the text mining method,and explores the impact of external relationship network of the top management team on enterprise digital transformation and its action mechanism.The results show that,firstly,the external relationship network of the top management team can significantly promote the enterprise’s digital transformation,and has a greater role in promoting the enterprise at the head of the digital transformation.The results of the multidimensional test show that the business,politics,finance,and research relationship network of the top management team has a significant positive promoting effect on enterprise digital transformation.Among them,the research relationship network of the top management team has the largest positive promoting effect,followed by the business relationship network of the top management team.Secondly,from the perspective of the action mechanism,the external relationship network of the top management team can significantly improve the level of cooperative innovation and then promote the development of enterprise digital transformation.Finally,the results of heterogeneity analysis show that the external network of the top management team has a more obvious enabling effect on digital transformation in the samples with non-state-owned enterprises,high dynamic capability,and a high level of regional digital transformation.