制造企业数字化转型与创新绩效——人力资本的中介作用和动态能力的调节作用

Digital Transformation and Innovation Performance of Manufacturing Enterprises:The Mediating Role of Human Capital and the Moderating Role of Dynamic Capabilities

数字经济高速发展,制造企业逐步投入数字化转型浪潮,但数字技术能否赋能企业创新以及两者之间的作用路径尚不明晰。文章引入人力资本和动态能力变量,构建企业数字化转型和创新绩效之间的作用模型,选取2013—2022年中国制造业A股上市公司为样本进行实证检验。研究发现:企业数字化转型对创新绩效具有倒U型影响;人力资本在数字化转型和创新绩效之间发挥倒U型中介作用;动态能力中的吸收能力、适应能力和创新能力均对数字化转型与创新绩效之间的关系起调节作用;数字化转型对创新绩效的倒U型影响在东中部地区、大中型企业、国有及民营企业中显著。研究结论丰富了数字化转型与企业创新之间的非线性关系研究,为企业数字化转型战略决策提供了有益启示。

With the rapid development of the digital economy,manufacturing enterprises have gradually invested in the wave of digital transformation,but whether digital technology can enable enterprises to innovate and the path between the two is still unclear.In this paper,human capital and dynamic capability variables are introduced to build an interaction model between digital transformation and innovation performance,and Chinese A-share listed manufacturing companies from 2013 to 2022 are selected as samples for empirical testing.The research finds that digital transformation has an inverted U-shaped impact on enterprise innovation performance;Human capital plays an inverted U-shaped mediating role between enterprise digital transformation and innovation performance.The absorptive ability,adaptive ability and innovation ability of dynamic capability all play a moderating role in the relationship between digital transformation and innovation performance.The inverted U-shaped effect of digitalization on enterprise innovation performance is significant in the eastern and central regions,large and medium-sized enterprises,state-owned enterprises,and private enterprises.The conclusions of this paper enrich the research on the nonlinear relationship between digital transformation and enterprise innovation,and provide relevant implications for enterprises'digital transformation strategic decision.