开放式创新如何影响企业全要素生产率?——动态能力的中介作用

How Does Open Innovation Affect Total Factor Productivity of Enterprises?——the Mediating Role of Dynamic Capability

党的二十大报告指出,要着力提高全要素生产率,推动高质量发展,创新是提高全要素生产率的重要途径。基于2013—2020年沪深A股制造业上市公司数据,实证检验开放式创新对企业全要素生产率的影响效应及作用路径。研究发现:开放式创新能够有效促进企业全要素生产率提升,动态能力在开放式创新对全要素生产率影响中发挥部分中介作用。异质性分析发现,相对于非国有企业,在国有企业中,开放式创新广度对企业全要素生产率的促进作用更强;在融资约束程度较低、生命周期处于成长期的企业中,开放式创新对企业全要素生产率的促进作用更加显著。论文的实证发现有助于厘清开放式创新对企业全要素生产率的影响,为企业和政府从创新驱动视角推动企业高质量发展提供参考和借鉴。

The report to the 20th National Congress of the Communist Party of China pointed out that efforts should be made to improve total factor productivity(TFP)and promote high-quali-ty development.Innovation is an important way to improve TFP.Based on the data of A-share listed manufacturing companies in Shanghai and Shenzhen Stock exchanges from 2013 to 2020,this paper empirically tests the effect and path of open innovation on TFP of enterprises.The results show that open innovation can effectively improve enterprises’TFP,and dynamic capabilities play a partial me-diating role in the impact of open innovation on TFP.Heterogeneity analysis finds that compared with non-state-owned enterprises,the breadth of open innovation in state-owned enterprises has a stron-ger promotion effect on TFP;The promotion effect of open innovation on TFP is more significant in enterprises with lower degree of financing constraints and in the growth stage of their life cycle.The empirical findings of this paper help clarify the impact of open innovation on TFP of enterprises,and provide reference for enterprises and governments to promote the high-quality development of enter-prises from the perspective of innovation-driven.