工业互联网平台赋能数字创新韧性的机理与效应研究OA

Digital innovation resilience constitutes a core capability for enterprises to with-stand technological and market volatility and sustain long-term innovation activities.As core in-frastructure enabling deep integration between digital technologies and the manufacturing sector,industrial internet platforms serve as a vital vehicle for fostering corporate digital innovation re-silience.This study selects Shanghai and Shenzhen A-share listed companies from 2011 to 2024 as research samples and constructs a micro panel dataset by integrating corporate annual report texts and financial data.Machine learning in text mining and the entropy weight method are ad-opted to quantify enterprises'application levels of industrial internet platforms.A two-way fixed-effects model is constructed for baseline regression,while robustness and endogeneity con-cerns are addressed through core variable replacement,lagged explanatory variables,and the in-strumental variable method.A stepwise regression mediation model is applied to verify the medi-ating roles of knowledge absorptive capacity and financing constraints,followed by grouped re-gressions based on enterprise property rights,industry categories,and regional divisions to com-pare heterogeneous effects across contexts.Empirical results verify that industrial internet plat-forms can significantly strengthen corporate digital innovation resilience,and this core finding remains robust after multiple rounds of testing.Mechanism analysis reveals two enabling chan-nels:first,cross-enterprise digital knowledge-sharing networks expand access to technologies and enhance enterprises'knowledge absorption and transformation capabilities to guarantee con-sistent R&D operations;second,operational data accumulated on platforms mitigate information asymmetry in investment and financing,easing financing constraints on R&D capital supply,with both mediating paths statistically significant.Heterogeneity results indicate that the positive promotional effect of platforms on digital innovation resilience is more pronounced among state-owned enterprises,non-manufacturing firms,and western-region enterprises.Such differentia-tion stems from disparities in corporate resource endowments,industrial digital transformation potential,and regional supportive policies for digital industries.The research findings carry prominent theoretical innovation value and practical implications.Theoretically,this paper incor-porates industrial internet platforms into the analytical framework of digital innovation resil-ience,expands research boundaries for platform economics and innovation risk management,and clarifies the internal logic whereby digital platforms stabilize corporate innovation.Practi-cally,the conclusions can guide enterprises of all types to leverage industrial internet platforms to boost risk resistance in innovation and pursue sustainable,high-quality innovation.Mean-while,they provide empirical evidence and decision-making references for local governments to hierarchically deploy industrial internet infrastructure and formulate targeted supportive policies for digital innovation.