当代财经 ›› 2025, Vol. 0 ›› Issue (11): 87-101.

• 企业管理 • 上一篇    下一篇

政府数字经济发展目标与企业数字技术创新

王浩然   

  1. 安徽大学 商学院,安徽 合肥 230601
  • 收稿日期:2025-03-13 修回日期:2025-07-15 出版日期:2025-11-15 发布日期:2025-11-11
  • 作者简介:王浩然,安徽大学讲师,经济学博士,主要从事财务与会计研究,联系方式whr1407@126.com。
  • 基金资助:
    国家自然科学基金青年项目“上市公司负财务费用问题研究:现象、成因与后果”(72302002); 国家自然科学基金面上项目“组织权威、经济独立性与监事会治理研究:理论框架与实证检验”(72172001)

Government Digital Economy Development Goals and Corporate Digital Technology Innovation

Wang Hao-ran   

  1. Anhui University, Hefei 230601, China
  • Received:2025-03-13 Revised:2025-07-15 Online:2025-11-15 Published:2025-11-11

摘要: 加强政府目标引导,推动企业数字技术创新,是建设数字中国、实现经济高质量发展的重要路径。基于2017—2023年A股上市公司的数据,检验政府数字经济发展目标对企业数字技术创新的影响及其作用机制的研究表明,政府数字经济发展目标显著促进企业数字技术创新,且该效应主要通过增加政策性资源供给、释放数字发展积极信号以及强化数字基础设施建设等机制实现。异质性分析表明,政府数字经济发展目标的微观创新促进效应在响应政府目标意愿更强的民营企业、融资约束大和尚未获得政府采购的企业中更明显;同时,具备规模优势、高科技行业和治理水平较高的企业更有能力响应政府数字经济发展目标进行数字技术创新。经济后果分析显示,政府数字经济发展目标通过促进企业数字技术创新,不仅能够推动企业数字化转型,还有助于其实现高质量发展。据此,政府应制定系统的数字经济发展目标,注重分类引导和精准施策,增加政策性资源供给,优化创新环境,升级数字基础设施,为企业数字技术创新提供有力支撑。

关键词: 政府数字经济发展目标, 数字技术创新, 政策性资源, 数字发展信号, 数字基础设施

Abstract: Strengthening government goal guidance and promoting corporate digital technology innovation are important pathways for building a digital China and achieving high-quality economic development. Based on the data from A-share listed companies in China between 2017 and 2023, this paper empirically examines the impact and the underlying mechanisms of government digital economy development goals on corporate digital technology innovation. The results show that government digital economy development goals have a significant impact on corporate digital technology innovation. This effect is achieved mainly through several mechanisms, including increasing the supply of policy-related resources, releasing positive signals regarding digital development, and improving digital infrastructure construction. The heterogeneity analysis reveals that the micro-level innovation effect of government digital economy development goals is more pronounced among the private firms with stronger willingness to respond to government goals, the firms with greater financing restrictions, and the firms that have not yet received government procurement contracts. Meanwhile, firms with scale advantages, operating in high-tech industries, and possessing higher levels of corporate governance are more capable of engaging in digital technology innovation by responding to government digital economy development goals. The analysis of the economic consequences shows that, by promoting corporate digital technology innovation, government digital economy development goals can not only facilitate firms’ digital transformation but also contribute to their high-quality development. Based on this, the government should formulate systematic goals for the development of the digital economy, focus on classification guidance and precise policy implementation, increase the supply of policy resources, optimize the innovation environment, upgrade digital infrastructure, and provide strong support for enterprise digital technology innovation.

Key words: government digital economy development goals, digital technology innovation, policy-related resource, digital development signal, digital infrastructure

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