政府补助提升新质生产力的影响及作用机制研究

杨文珂, 车珍, 苏屹, 周琳

管理学报 ›› 2026, Vol. 23 ›› Issue (3) : 503.

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PDF(1528 KB)
管理学报 ›› 2026, Vol. 23 ›› Issue (3) : 503.
创新与创业

政府补助提升新质生产力的影响及作用机制研究

  • 杨文珂,车珍,苏屹,周琳
作者信息 +

Research on the Impact and Mechanism of Government Subsidies on Enhancing New Quality Productive Forces

  • YANG Wenke,CHE Zhen,SU Yi,ZHOU Lin
Author information +
文章历史 +

摘要

选取2011~2022年沪深A股上市企业数据,实证检验政府补助、数字化转型对制造业企业新质生产力提升的作用机制。研究发现:①政府补助显著促进新质生产力提升,但在补助水平过低时产生反效果。②数字化转型对新质生产力的影响呈现U形关系。当数字化转型从低向中等水平发展时,其边际效应递减;当转型超越临界点后,能显著促进新质生产力提升。同时,数字化转型在其中充当中介角色。③数字化转型的驱动效应在企业生命周期、行业类型和污染特征上均表现出显著异质性。淘汰期2阶段企业相较于初创企业,数字化转型的驱动效应最为显著;高科技行业表现出更加显著的U形关系,而高污染行业则有所不同。

Abstract

This study investigates the mechanisms through which government subsidies and digital transformation affect the enhancement of new quality productive forces in manufacturing enterprises. Based on panel data from A-share listed companies in Shanghai and Shenzhen between 2011 and 2022, the empirical findings are as follows: ①Government subsidies significantly promote the development of new quality productive forces, but an excessively low subsidy level may yield adverse effects. ②The relationship between digital transformation and new quality productive forces exhibits a U-shaped pattern. As digital transformation progresses from a low to a moderate level, its marginal effect decreases; however, once a critical threshold is exceeded, digital transformation strongly facilitates the growth of new quality productive forces. Moreover, digital transformation serves as a mediating role in this process. ③The driving effect of digital transformation shows significant heterogeneity across firm life cycle stages, industry types, and pollution characteristics. Compared to initial-stage firms, the impact is most pronounced for enterprises in the decline stage. High-tech industries display a more evident U-shaped relationship, whereas high-pollution industries show a different pattern.

关键词

政府补助 / 数字化转型 / 新质生产力

Key words

government subsidies / digital transformation / new quality productivity forces

引用本文

导出引用
杨文珂, 车珍, 苏屹, 周琳. 政府补助提升新质生产力的影响及作用机制研究[J]. 管理学报. 2026, 23(3): 503
YANG Wenke, CHE Zhen, SU Yi, ZHOU Lin. Research on the Impact and Mechanism of Government Subsidies on Enhancing New Quality Productive Forces[J]. Chinese Journal of Management. 2026, 23(3): 503

基金

?国家自然科学基金资助青年科学基金项目(7240414872502219);南京邮电大学引进人才科研启动基金(人文社会科学类)资助项目(NYY224008


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