企业社会责任与企业双元创新:稳中求进与险中求胜
Corporate Social Responsibility and Ambidextrous Innovation:Seeking Progress in Stability or Winning in Risk
阳镇 1王文娜 2陈劲 3凌鸿程4
作者信息
- 1. 中国社会科学院工业经济研究所;清华大学技术创新研究中心
- 2. 西北农林科技大学经济管理学院
- 3. 清华大学经济管理学院;清华大学技术创新研究中心
- 4. 江西财经大学应用经济学院(数字经济学院)
- 折叠
摘要
企业社会责任是高质量发展阶段推动企业创新赋能的重要实现方式,已有文献缺乏对企业社会责任与双元创新的内在关系的细分研究,且未能真正测度企业探索式创新与利用式创新的本质.本文以2010-2020年我国沪深A股上市公司为实证研究对象,基于上市公司专利文本数据,考察了企业社会责任对企业双元创新的具体影响及其内在机理.研究结果表明,企业社会责任有助于促进企业双元创新,但对企业利用式创新的边际影响效应更强;企业社会责任对企业双元创新的影响受到外部利益相关方治理效应和外部资源供给效应等因素的调节,且其作用存在分化;"七报一刊"媒体关注能同时正向调节企业社会责任与企业利用式和探索式创新关系,其他报刊媒体关注的调节效应均不显著;政府补助能够在企业社会责任与企业利用式创新之间产生显著的正向调节效应,但不能调节企业社会责任与企业探索式创新关系;机制检验结果表明,企业社会责任主要通过缓解融资约束促进企业双元创新;企业社会责任对企业双元创新的驱动效应在市场化程度更高的区域、非国有产权及强制性企业社会责任披露的企业中更为明显.研究结论为加快以企业双元创新推进高质量发展提供了新理论视角与政策启示.
Abstract
Corporate social responsibility is an important means of promoting and empowering corporate innovation in the stage of high-quality development.However,it lacks detailed research on the relationship between corporate social responsibility and ambidextrous innovation behavior.Based on the empirical research sample of A-share listed companies in Shanghai and Shenzhen from 2010 to 2020,and based on the patent text mining data of listed companies,this paper investigates the specific impact and internal mechanism of corporate social responsibility on corporate ambidextrous innovation.The research results show that,first,corporate social responsibility helps to strengthen corporate exploitative innovation and explorative innovation significantly,but it has a stronger marginal effect on corporate exploitative innovation.Second,the effect of corporate social responsibility on the ambidextrous innovation is moderated by the governance effect of external stakeholders and the supply effect of external resources,and its role is differentiated.That is,the attention from the"seven Newspapres and one Magazine"media can positively moderate the relation between corporate social responsibility and both enterprise exploitative and exploratory innovation,whereas the moderating effect of attention from other media is not significant,Government subsidies have a significant positive moderating effect between corporate social responsibility and enterprise exploitative innovation,but they can not moderate the relationship between corporate social responsibility and explorative innovation.Third,the mechanism test results show that corporate social responsibility mainly promotes enterprise ambidextrous innovation by alleviating enterprise financing constraints.Fourth,the results of heterogeneity analysis show that the driving effect of corporate social responsibility on enterprise ambidextrous innovation is more obvious in enterprises with higher degree of marketization,non-state-owned enterprise,and among firms subject to mandatory corporate social responsibility disclosure requirements.This study provides a new theoretical perspective and policy inspiration for accelerating high-quality development through enterprise ambidextrous innovation.
关键词
企业社会责任/利用式创新/探索式创新/融资约束Key words
Corporate Social Responsibility/Exploitative Innovation/Explorative Innovation/Financing Constraints引用本文复制引用
基金项目
国家社会科学基金重大项目(20&ZD073)
国家社会科学基金重大项目(21&ZD132)
中央高校基本科研业务费专项(2452021126)
出版年
2024
NETL
NSTL
万方数据