Robot adoption and enterprise technological innovation:Evidence from Chinese manufacturing listed companies
Based on the realistic background of the increasing popularity of robot adoption and the vigorous implementation of innovation and development strategy in China,this paper dis-cusses the impact of robot adoption on the technological innovation of manufacturing enterprises.It is found that robot adoption can significantly promote enterprise technological innovation,and its mechanism is that robot adoption improves enterprise technological innovation by governance effect and human effect.For non-high-tech enterprises,and enterprises located in areas with imperfect institutional environment,robot adoption plays a more significant role in improving enterprise technological innovation.In-depth research on the mechanism of human effect shows that robot adoption,labor demand and labor structure help enterprises to help enterprises im-prove technological innovation by playing a"dual complementary role".Finally,based on the heterogeneity test of enterprise technological innovation,it is found that robot adoption plays a more significant role in promoting exploratory technological innovation than explorative tech-nological innovation.This study provides a decision-making reference for China to promote the robot industry to better serve the high-quality economic development.