摘要
数据资源与人力资本交互可以使企业摆脱“数据沉睡困境”。那么,企业摆脱“数据沉睡困境”能否创造价值?利用2010—2023年沪深A股上市公司的数据,研究了企业数据资源与人力资本交互的价值创造效应。研究发现,企业数据资源与人力资本交互能创造价值。作用机制分析表明,数据资源与人力资本交互能提高劳动生产率、资本配置效率和创新效率,因而数据资源与人力资本交互具有价值创造效应。异质性分析发现,数据资源与人力资本交互的价值创造效应在非高科技企业、政府数字经济关注度高的地区的企业和教育水平高的地区的企业中更显著。因此,要改善数据资源与人力资本的交互关系,使企业创造更大的价值。
The interaction between data resources and human capital enables enterprises to break the"data sleeping dilemma".So,can enterprises break the"data sleeping dilemma"to create value?Based on the data of A-share listed companies in Shanghai and Shenzhen stock exchanges from 2010 to 2023,this paper studies the value creation effect of the interaction between corporate data re-sources and human capital.The findings show that the interaction between enterprise data resources and human capital can create value.The mechanism analysis reveals that the interaction between data resources and human capital can improve labor productivity,capital allocation efficiency and innova-tion efficiency,so the interaction between data resources and human capital can create value.The het-erogeneity analysis reveals that the value creation effect of the interaction between data resources and human capital is more significant in non-high-tech enterprises,enterprises located in the areas with high local government attention to digital economy or with high regional education level.Therefore,it is necessary to improve the interactive relationship between data resources and human capital,so as to encourage enterprises to create more values.
作者
于翔
牛彪
Yu Xiang;Niu Biao(Nankai University,Tianjin 300071;Chinese Academy of Fiscal Sciences,Beijing 100142,China)
出处
《当代财经》
北大核心
2025年第6期139-149,共11页
Contemporary Finance and Economics
基金
国家社会科学基金一般项目“数据资产对制造业上市公司高质量发展的影响机制与协同路径研究”(23BGL109)。
