基于网络视角的金字塔式集团内子公司回应式创新效果研究  

The Effects of Responsive Innovation of Subsidiaries in Pyramid Group from the Network Pespective

作　　者：徐鹏[1] 张恒 张子超 Xu Peng;Zhang Heng;Zhang Zichao(School of Business Administration,Shandong University of Finance and Economics,Jinan 250014,China;Faculty of Economics and Management,East China Normal University,Shanghai 200241,China)

机构地区：[1]山东财经大学工商管理学院,山东济南250014 [2]华东师范大学经济与管理学部,上海200062

出　　处：《科技进步与对策》2023年第9期95-103,共9页Science & Technology Progress and Policy

基　　金：国家自然科学基金面上项目(71972117);泰山学者工程专项(tsqn202103095);山东省高等学校青创科技支持计划项目(2021RW009)。

摘　　要：动态竞争环境下企业的回应行为具有被动属性,但又在很大程度上决定了企业竞争互动结果和未来竞争态势。利用我国金字塔集团内上市子公司的2 890组数据,从网络治理视角对实际控制人两权分离度、子公司回应式创新与经营绩效关系进行实证分析。研究结果显示:(1)金字塔集团中实际控制人两权分离程度越高,子公司回应式创新越积极;(2)子公司回应式创新具有“双刃剑”效应,随着子公司回应式创新积极性提高,公司经营绩效呈现先上升后下降的倒U型曲线变化。进一步分析发现,实际控制人两权分离度对子公司回应式创新的积极作用在大规模企业的子公司和民营企业集团中表现更显著;优良的制度环境会强化子公司回应式创新对经营绩效的积极影响,即与低水平制度环境相比,高水平制度环境中的子公司回应式创新能够创造更大收益。上述结论有助于为金字塔集团内子公司治理与管理机制完善提供参考,对提升回应式创新的正面效应、推动子公司乃至整个集团持续发展具有积极意义。The perspective of competitive dynamics is based on the dynamic nature of strategy and applied in the discussion of interactive relationship and laws of the competitive behaviors between firms.Its core idea is that the attacks carried out by one or some firms in the industry will cause a series of responsive behaviors of competitors,which can in turn affect the selection and implementation of further competitive actions of the first-mover firms.With the accelerated information transmission,diversified consumer demand and increasingly intensive interaction among competitors,a competitive dynamics analysis paradigm has gradually become an important reference for firms in making strategic decisions and implementing competitive behaviors.The responsive behaviors of firms under the competitive dynamics framework are passive,but to a great extent,it determines the results of competition interaction and future competition situation of firms in the same industry.In view of this,as an important part of competitive dynamics,the responsive mechanism in the process of dynamic competition has gradually received widespread attention from the theoretical and academic circles.Innovation,especially technological innovation,plays an important role in the development of firms and has a profound impact on the long-term development of firms.Since innovation is the source of firm value,innovation competition can significantly affect the market status of firms and can be defined as an important competitive behavior.However,at present,there are few studies in academic circles that bring innovation into the analysis scope of competitive dynamics and take it as a responsive behavior.The research on responsive behavior in competitive dynamics is mostly limited to the speed and quantity of responsive behavior.In order to alleviate this problem,this paper introduces innovation into the competitive dynamics’paradigm,and defines responsive innovation as the decision-making made by firms in response to their competitors'competitive behaviors

关 键 词：金字塔结构 两权分离度 动态竞争 回应式创新 经营绩效 

分 类 号：F273.1[经济管理—企业管理]