“技术效应”还是“技术悖论”:数字技术应用与工业企业价值

Can the Application of Industrial Robots Promote the Incremental Improvement of Green Technology Innovation in Enterprises

以2007—2019年中国A股工业上市企业年度数据为样本,利用面板数据回归模型对企业价值研究。研究结果表明:数字技术应用对工业企业价值具有显著提升作用,存在“技术效应”;机制检验结果表明,数字技术的应用显著提高了工业企业数据价值链中生产、研发和营销与服务关键环节的价值增值水平,帮助工业企业获取竞争优势,促进了企业价值的提升;数字技术对成长期和衰退期企业价值提升不显著,存在“技术悖论”。

Taking the annual data of China's A-share industrial listed enterprises from 2007 to 2019 as samples,this paper uses panel data regression model to study the following findings:First,the application of digital technology has A significant effect on the value of industrial enterprises,and there is a"technical effect";Second,the mechanism test results show that the application of digital technology significantly improves the value-added level of the key links of production,research and development,marketing and service in the company's data value chain,helps industrial enterprises to obtain competitive advantages,and promotes the improvement of enterprise value.Third,digital technology does not significantly improve the value of enterprises in the growth and decline periods,and there is a"technology paradox".