企业管理能力与企业创新投入——基于高新技术企业的实证研究

Corporate Management Capabilities and Innovation Investment: An Empirical Study Based on High-Tech Enterprises

企业创新是引领经济增长的重要动力源泉,也是具有高创新性和知识密集度的高新技术企业的核心竞争力。企业管理能力可以帮助企业找到研发方向,对企业技术创新产生重要影响。本文以2011年至2021年1020家高新技术企业的数据作为样本数据进行实证分析。并深入分析企业社会责任、市场竞争对企业管理能力与创新投入之间的调节作用。并对内生性检验,保障结果的稳健性。本文研究发现,企业管理能力能够使企业能更好地应对技术发展趋势,从而保持创新的持续性;企业社会责任的承担起到显著的调节作用,表明高新技术制造行业上市公司承担的企业社会责任越低,其内部创新程度也相应提升;在外部产品市场竞争不断加剧的情况下,管理层对创新的认知和动力将得到提升,进而推动企业的研发创新。

Corporate innovation is a crucial driving force for leading economic growth and constitutes the core competitiveness of high-tech enterprises characterized by high innovativeness and knowledge intensity. The management capabilities of a company can assist in identifying research and development directions, exerting a significant impact on technological innovation within the enterprise. This study conducts empirical analysis using data from 1,020 high-tech enterprises from 2011 to 2021 as sample data. It delves into the moderating effects of corporate social responsibility and market competition on the relationship between corporate management capabilities and innovation input. The study also performs an endogeneity test to ensure the robustness of the results. The research reveals that corporate management capabilities enable companies to better respond to technological development trends, ensuring the sustainability of innovation. The assumption of corporate social responsibility plays a significant moderating role, indicating that as the level of corporate social responsibility undertaken by listed companies in the high-tech manufacturing industry decreases, the degree of internal innovation correspondingly increases. In the context of intensifying external competition in product markets, the management's cognition and motivation for innovation will be enhanced, thereby driving the company's research and development innovation.