摘要
本文提出数字化转型的三个维度及其测度方法,基于我国制造业上市公司2007-2019年的年度报告,使用文本挖掘算法获取部分数字化转型的数据,分析了数字化转型对制造业上市公司生产率的三重影响机制。结果表明,总体来看,数字化投资对生产率没有直接影响,但有显著的间接影响和互补影响。2013年以后,数字技术应用对生产率有显著的直接影响和间接影响,而业务模式转型则兼具三重影响机制。这些显著性在不同行业、不同规模、不同所有制上市公司中呈现较大差异。因此,一方面,我国制造业上市公司要在数字化投资的基础上加快数字技术应用与业务模式转型,同时要重视对数字化转型过程中的多种因素间的互补机制,进而促进企业生产率的提升;另一方面,政府要加快推进新一代信息技术基础设施建设,为企业奠定良好的数字投资基础,同时还要补齐数字经济的发展短板,重点关注中小民营制造业上市公司的数字化转型。
The three dimensions of digital transformation and their measurement methods are proposed.Based on the annual report of listed companies in the manufacturing industry of China from 2007 to 2019,some digital transformation data are obtained by text mining algorithms.Three possible mechanisms for the impact of digital transformation on the productivity of listed companies in the manufacturing industry are analyzed the structural equation by the structural equation model.The results show that,on the whole,digital investment has no direct impact on productivity,but has significant indirect and complementary effects.After 2013,the application of digital technology has a significant direct and indirect impact on productivity,while business model transformation has three significant impacts.These effects are quite different in listed companies of different industries,different scales and different ownerships.Therefore,on the one hand,for China’s listed manufacturing companies,it is necessary to further accelerate the digital transformation and pay attention to the complementary mechanism of digital transformation and other factors;on the other hand,at the policy level,it is necessary to increase the new generation of information technology infrastructure.At the same time,we should also positively support the digital transformation of small and medium private manufacturing listed companies.
出处
《财经科学》
CSSCI
北大核心
2020年第10期93-107,共15页
Finance & Economics
基金
陕西省教育厅科研计划项目“数字化转型促进陕西省制造业高质量发展的路径研究”(20JT061)
陕西省社科项目“基于创新驱动的陕西制造业中小企业数字化转型发展研究”(2019D042)。
关键词
数字化转型
制造业
生产率
Digital Transformation
Manufacturing
Productivity
