江西财经大学学报 ›› 2019, Vol. 0 ›› Issue (05): 122-.

• • 上一篇    

双元关系对供应链融资绩效的影响:创新能力的中介作用

冯 蛟1,赵志刚2   

  1. (1. 宁夏大学 经济管理学院,宁夏 银川 750021;2. 中国华融资产管理公司 上海自贸区分公司,上海 200002)
  • 发布日期:2021-01-21
  • 作者简介:冯 蛟,宁夏大学副教授,管理学博士,主要从事营销管理研究;赵志刚,中国华融资产管理公司高级经济师,经济学博士,主要从事普惠金融和农村金融研究,通讯作者联系方式153730690@qq,com。

The Effect of Dual Relationship on Supply Chain Financing Performance: The Mediating Role of Innovation Capability

FENG Jiao1, ZHAO Zhi-gang2   

  1. (1. Ningxia University, Yinchuan 750021; 2. Shanghai Pilot Free Trade Zone Branch of China Huarong Asset Management CO., LTD., Shanghai 200002, China)
  • Published:2021-01-21

摘要: 近年来,供应链金融作为企业之间的一种关系行为逐渐成为解决中小企业融资难题的有效方式。在这样的背景下,通过构建中小企业在供应链网络中的双元关系与创新能力影响供应链融资绩效的理论模型,用以考察环境不确定性的情境作用,并对228个有效样本进行分析,研究发现:中小企业在供应链网络中的双元关系对其供应链融资绩效具有积极影响;创新能力在中小企业利用型关系与供应链融资绩效之间具有部分中介作用,而在中小企业探索型关系与供应链融资绩效之间则具有完全中介作用;环境不确定性对中小企业创新能力与供应链融资绩效之间的关系具有积极的调节作用。

关键词: 供应链金融,双元关系,创新能力,融资绩效

Abstract: In recent years, supply chain finance as a kind of relationship behavior among enterprises has gradually become an effective way to solve the financing problems of small and medium-sized enterprises (SMEs). In such a context, this study constructs a theoretical model of the dual relationship and innovative capacity of SMEs in the supply chain network that affects the supply chain financing performance to examine the situational effect of environmental uncertainty. By analyzing 228 valid samples, this study finds that the dual relationship of SMEs in the supply chain network has a positive impact on their supply chain financing performance, that innovation capability has a partial mediating effect between SMEs’ exploitative relationship and supply chain financing performance, while it has a complete mediating effect between SMEs’ exploratory relationship and supply chain financing performance, and that environmental uncertainty has a positive moderating effect on the relationship between SMEs’ innovation capability and supply chain financing performance.

Key words: supply chain finance; dual relationship; innovation capability; financing performance