数字化转型、颠覆性创新与全要素生产率  

Digital Transformation,Disruptive Innovation and Total Factor Productivity

作　　者：刘璟 LIU Jing(School of Economics and Management,Zhaoqing University,Zhaoqing Guangdong 526061,China)

机构地区：[1]肇庆学院经济与管理学院,广东肇庆526061

出　　处：《技术经济与管理研究》2025年第4期119-126,共8页Journal of Technical Economics & Management

基　　金：广东省社会科学规划项目(GD22CYJ25);广东省普通高校特色创新类项目(人文社科)(2024WTSCX014);肇庆学院第四批创新科研团队项目(TD202401);肇庆学院质量工程及教学改革项目(zlgc2024008)。

摘　　要：信息技术和数字经济的发展推动了企业数字化转型和创新,成为提高生产效率的关键。选取中国A股上市公司数据,通过理论模型和面板数据,探讨了企业数字化转型如何影响全要素生产率。研究显示,企业数字化转型显著提升了全要素生产率,这一效果通过固定资产投资和人力资本的中介作用实现,并且部分通过促进颠覆性创新间接实现,尤其是商业模式创新的作用更为显著。环境不稳定性对数字化转型和全要素生产率提升有正向调节作用,特别是环境变化强度的影响更大。进一步分析表明,国有企业、制造业企业以及沿海地区企业的数字化转型对全要素生产率提升作用更明显。The development of information technology and the digital economy has driven the digital transformation and innovation of enterprises,becoming a key to improving production efficiency.Based on data from listed companies on the Chinese A-share market,this article explores how corporate digitalization affects total factor productivity through theoretical models and panel data analysis.The study shows that digitalization significantly enhances enterprise productivity,which is achieved through the mediating role of fixed asset investment and human capital,and partly through promoting disruptive innovation,especially the role of business model innovation being more significant.Environmental instability positively moderates the digital transformation and productivity enhancement,with the impact of environmental change intensity being greater.Further analysis indicates that the digital transformation of state-owned enterprises,manufacturing enterprises,and enterprises in coastal areas has a more pronounced effect on productivity enhancement.

关 键 词：数字化转型 全要素生产率 颠覆性创新 环境不稳定性 

分 类 号：F274[经济管理—企业管理]