Artificial Intelligence and High-tech Enterprise Competitiveness:Mechanism and Effect
Empowering the production and operation processes of manufacturing enterprises through artificial intelligence(AI)technology and improving the knowledge and automation level of manufacturing enterprises is an important way for high-tech enterpri-ses to gain competitive advantages.This article theoretically and empirically analyzes the mechanism and effect of Al on enhancing the competitiveness of high-tech enterprises.The research shows that Al improves both markups and total factor productivity,and the main conclusion still holds after a series of robustness tests.The heterogeneity analysis shows that AI has a more significant empowe-ring effect on competitiveness of state-owned enterprises and high-tech enterprises with higher economic uncertainty perception enter-prises.Also,the effect is more pronounced for high-tech enterprises in regions with low market segmentation and good physical eco-nomic foundation.Technology accumulation effect,employee structure optimization effect,cost saving effect and efficiency improve-ment effect are important mechanisms for empowering high-tech enterprises with AI.The conclusion has obvious policy implications for promoting the deep integration of Al and high-tech manufacturing,and achieving high-quality economic development.