数字经济发展何以影响企业创新?OA北大核心CHSSCDCSSCICSTPCD

As the accelerated development of the digital economy disrupts traditional production modes,the ability of companies to leverage digitization for innovation has gradually become a focal point.There is an urgent need to overcome challenges,such as high external dependence on core technologies in key fields and the potential displacement of foundational technology,as well as the inherent requirement for bolstering the manufacturing industry.Therefore,clarifying the impact of digital economy development on corporate innovation and its mechanisms is of profound practical significance for achieving technological leapfrogging and promoting high-quality economic development. According to the number of invention patent applications and the number of utility model and appearance patent applications,this paper characterizes the high-quality innovation and general innovation of enterprises,respectively.Then,it focuses on the relevant data of A-share listed manufacturing companies in Shanghai and Shenzhen from 2011 to 2021,as well as the data of digital economy development in their respective regions.The results of econometric regression reveal that digital economy development is conducive to promoting general and high-quality corporate innovation.After conducting a series of robustness tests,the conclusions remain valid.Regional heterogeneity analysis shows that the impact of digital economy development on corporate innovation is greater in the eastern regions,but less evident in central and western regions.Moreover,developing the digital economy in regions with relaxed tax and environmental regulation policies can more effectively stimulate corporate innovation.In contrast,stricter environmental regulations drive companies to prioritize general innovation over high-quality innovation. The marginal contribution of this paper is mainly reflected in the following aspects.Firstly,by incorporating digital economy development into the theoretical framework of corporate innovation,the functional role of digital economy development in motivating corporate innovation is clarified,which extends the research paradigm of the innovation incentive effects of digital economy development and the theoretical system of corporate innovation.Secondly,it integrates the effects of external policies(tax policy and environmental regulation policy)into the analysis,clarifies the functional role of the policy environment in supporting corporate innovation,refines the internal logic of how digital economy development drives corporate innovation,and provides detailed data support and practical references for high-quality economic development at both micro and macro levels. This paper offers the following implications:efforts should be made to improve digital economy infrastructure and basic institutions;the supply of policies for the high-quality digital transformation of the manufacturing industry should be strengthened;a coordination mechanism for cross-departmental policies should be established to enhance the innovation-driven effect of the digital economy.