冗余资源与吸收能力调节作用下的制造企业服务化与企业价值研究  

An Analysis of the Moderating Role of Slack Resources and Absorptive Capacity on the Relationship between Servitization of Manufacturing and Enterprise Value

作　　者：潘蓉蓉 罗建强[1,2] 杨子超 PAN Rongrong;LUO Jianqiang;YANG Zichao(Jiangsu University,Zhenjiang,Jiangsu,China)

机构地区：[1]江苏大学管理学院 [2]江苏大学中国农业装备产业发展研究院

出　　处：《管理学报》2021年第12期1772-1779,共8页Chinese Journal of Management

基　　金：国家自然科学基金资助项目(71772080)。

摘　　要：为探究制造企业服务化与企业价值的关系,利用2013~2019年中国沪深两市740家先进制造企业的面板数据进行实证分析,并刻画了由沉淀性与非沉淀性所组成的冗余资源以及吸收能力对服务化与企业价值关系的调节作用。研究表明:制造企业服务化与企业价值呈显著的倒U形关系,即企业价值随服务化程度的加深先升后降;沉淀性冗余资源负向调节“服务化-价值”关系;非沉淀性冗余资源与吸收能力正向调节“服务化-价值”关系。In order to explore the relationship between servitization of manufacturing and enterprise value,this study made an empirical analysis based on the panel data of 740 advanced manufacturing enterprises in two markets from 2013 to 2019.The regulatory effect of slack resources composed of absorbed and unabsorbed ones as well as absorptive capacity on the relationship between servitization and enterprise value was also described.The results show that there is an inverted U-shaped relationship between servitization of manufacturing and enterprise value.Absorbed slack resources negatively moderate the“servitization-value”relationship,while unabsorbed slack resources and absorptive capacity have positive moderate effects.

关 键 词：制造企业服务化 企业价值 冗余资源 吸收能力 

分 类 号：C93[经济管理—管理学]