自然资源禀赋对企业绿色创新绩效的影响研究——基于“资源诅咒”视角  

The Impact of Natural Resource Endowments on Enterprise Green Innovation Performance:A Resource Curse Perspective

作　　者：杨禄依 罗华伟 YANG Luyi;LUO Huawei

机构地区：[1]四川农业大学管理学院

出　　处：《当代经济》2025年第3期54-66,共13页Contemporary Economics

摘　　要：提升企业绿色创新绩效是加快经济社会发展全面绿色转型的重要路径,从省域资源约束视角出发,基于2007—2021年A股上市公司数据,对自然资源禀赋如何影响企业绿色创新绩效及其传导机制进行了实证考察。研究发现:自然资源禀赋对企业绿色创新绩效造成“资源诅咒”。异质性分析表明这种抑制作用在非国有企业、技术密集型企业、自然资源相对丰裕地区和西部地区企业更明显,而在自然资源相对贫瘠地区出现了资源福音现象,即促进了企业绿色创新绩效。机制分析表明,自然资源禀赋通过促进环境规制、缓解融资约束这两条路径提升企业绿色创新绩效。Enhancing enterprise green innovation performance is a crucial pathway to accelerating the comprehensive green transformation of the economy and society.Drawing on data from A-share listed companies in China from 2007 to 2021,this study empirically investigated the impact of natural resource endowments on enterprise green innovation performance and explored the underlying transmission mechanisms,considering provincial-level resource constraints.The findings reveal that natural resource endowments exert a“resource curse”effect,inhibiting enterprise green innovation performance.Heterogeneity analysis indicates that this inhibitory effect is more pronounced in non-state-owned enterprises,technology-intensive firms,regions with relatively abundant natural resources,and enterprises in western China.In contrast,a‘resource blessing’phenomenon is observed in resource-scarce regions,wherenatural resource endowments promote enterprise green innovation performance.Mmechanism analysis further demonstrates that natural resource endowments enhance enterprise green innovation performance through two key pathways:the promotion of environmental regulation and alleviation of financing constraints.

关 键 词：自然资源禀赋 企业绿色创新绩效 资源诅咒 环境规制 融资约束 

分 类 号：F270[经济管理—企业管理]