专精特新“小巨人”企业培育对突破式创新的影响研究  

Study on the Impact of the Cultivation of SRDI “Small Giant”Enterprises on Break Through Innovation

作　　者：湛泳[1] 马从文 ZHAN Yong;MA Congwen(Xiangtan University,Xiangtan,Hunan,China)

机构地区：[1]湘潭大学商学院,湖南省湘潭市411100

出　　处：《管理学报》2024年第4期560-567,共8页Chinese Journal of Management

基　　金：国家社会科学基金资助重点项目(23AZD074,21AJY009);湖南省社会科学基金资助重大项目(22ZDA023)。

摘　　要：以中小板、科创板和创业板上市公司为研究对象,运用多时点双重差分法,探究专精特新“小巨人”企业培育对突破式创新的影响。研究发现,专精特新“小巨人”企业培育促进了突破式创新,且经过一系列稳健性检验结论依然成立。作用机制分析发现,专精特新“小巨人”企业培育通过促进数字化转型和优化人力资本结构实现突破式创新,并且数字化转型与人力资本结构在此过程中发挥链式中介的作用。进一步研究发现,法制环境和高管金融背景强化了专精特新“小巨人”企业培育政策的实施效果,而经济政策不确定性削弱了专精特新“小巨人”企业培育政策的实施效果。In this research,we take listed companies in SME board,STAR market and GEM as research objects,and use multi-temporal double-difference method to investigate the impact of cultivation of SRDI“small giants”enterprises on breakthrough innovation.The study finds that the cultivation of SRDI“small giant”enterprises promotes breakthrough innovation,and the conclusion still holds up after a series of robustness tests.The mechanism analysis reveals that the cultivation of SRDI“small giants”enterprises achieves breakthrough innovation by promoting digital transformation and optimizing human capital structure,and that digital transformation and human capital structure play the role of chain intermediaries in this process.Further research finds that the legal environment and financial background of executives strengthen the implementation effect of the policy of cultivating SRDI“small giants”enterprises,while economic policy uncertainty weakens the implementation effect of the policy of cultivating SRDI“small giants”enterprises.

关 键 词：专精特新“小巨人”企业 突破式创新 数字化转型 人力资本结构 

分 类 号：C93[经济管理—管理学]