高管团队注意力与企业数字化创新——来自中国A股上市公司的经验证据  

Top Management Team Attention and Firm Digital Innovation: Empirical Evidence from Chinese A-share Listed Companies

作　　者：崔煜雯 刘洪[1] 张晶[2] CUI Yuwen;LIU Hong;ZHANG Jing(Business School,Nanjing University,Nanjing 210093,China;School of Economics and Business Administration,Chongqing University,Chongqing 400044,China)

机构地区：[1]南京大学商学院,南京210093 [2]重庆大学经济与工商管理学院,重庆400044

出　　处：《科学学与科学技术管理》2024年第6期178-196,共19页Science of Science and Management of S.& T.

基　　金：国家自然科学基金重点项目(71832006)。

摘　　要：数字经济时代,数字化创新是企业培育发展新动能的重要引擎,对促进“两化”深度融合和传统产业高质量发展具有不可忽视的意义。高管团队作为企业创新决策的制定者对促进数字化创新至关重要。基于注意力基础观的核心思想,使用中国沪深A股全部上市公司2015—2020年的数据,结合文本分析法,实证分析了高管团队注意力对企业数字化创新的影响,以及组织冗余和政府补助在二者关系间的调节作用。研究结果表明:(1)高管团队注意力对企业数字化创新产生显著地正向影响。高管团队在数字化创新上配置的注意力越多,越能激发企业的数字化创新。上述结论在经过倾向得分匹配、更换模型以及替换变量等一系列稳健性检验后依然成立。(2)组织冗余正向调节高管团队注意力与企业数字化创新之间的关系。组织冗余越充足,高管团队注意力越能有效促进企业的数字化创新。(3)政府补助在高管团队注意力影响企业数字化创新的过程中发挥正向调节作用,即政府补助越多,高管团队注意力对数字化创新的正向驱动效应越明显。(4)异质性分析结果表明高管团队注意力对数字化创新的积极影响不论是在制造业企业还是非制造业企业中都存在,且该积极效应在制造业企业中较为明显。In the era of digital economy,digital innovation is an important engine for enterprises to cultivate new kinetic energy for development,and it is of great significance for promoting the deep integration of the"two industrializations"and the high-quality development of traditional industries.However,as far as the real situation is concerned,most enterprises in China are still in the exploratory stage for the application of digital technology,and the ambiguity of boundaries,heterogeneity of subjects,and complexity of the process of digital innovation,coupled with the inherent high-risk and long return on investment cycle of traditional innovation,determine the difficulty of its implementation.Therefore,digital innovation requires great attention of the top management team(TMT).As the makers and implementers of business decisions,the TMT attention and TMT's cognitive attitude towards digital innovation are the key factors affecting the effectiveness of corporate digital innovation.Through the combing of related literature,it is found that corporate digital innovation is influenced by the TMT's environmental cognition,resource cognition and other psychological cognitive factors,which are based on the specific cognitive characteristics derived from the TMT attention.Few studies have directly focused on the influence of the psychological cognitive factor of TMT attention on digital innovation.As a scarce resource of enterprises,TMT attention plays a key role in the process of major corporate decision making and implementation.Therefore,implementing and driving digital innovation cannot be achieved without the support of TMT attention.In view of this,this research takes all the listed companies of Shanghai and Shenzhen A-shares in China from 2015 to 2020 as research samples. Based on the attention-based view, this research focuses on exploring how TMT attentionaffects corporate digital innovation, and reveals the influence mechanism of the TMT's cognition on corporate digital innovationfrom a micro perspective. At the s

关 键 词：数字化创新 高管团队注意力 组织冗余 政府补助 注意力基础观 

分 类 号：F272.91[经济管理—企业管理] F273.1[经济管理—国民经济]