Yang Zhang, Yuexian Chang, Xiaolei Zhang, Haoyu Zhou
{"title":"Artificial Intelligence and Enterprise Technological Innovation: Evidence From China","authors":"Yang Zhang, Yuexian Chang, Xiaolei Zhang, Haoyu Zhou","doi":"10.1002/mde.70002","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>This paper investigates the impact of artificial intelligence (AI) on the technological innovation (TI) of enterprises and explores its mechanisms of action based on data from Chinese enterprises. This study finds that AI significantly promotes enterprise TI. The reliability of these conclusions is validated through instrumental variable regression and robustness tests. Key mechanisms through which AI enhances enterprise innovation include total factor productivity (TFP) improvement, human capital structure optimization, and digital transformation. The level of internal R&D focus within enterprises plays a positive moderating role in the incentive effects of AI on TI. AI can not only enhance the quantity of technological innovation but also promote the diffusion of technology. Enterprises in the service industry exhibit stronger effects. Therefore, it is recommended that governments increase support for AI technologies, promote the integration of traditional industries, and improve talent training mechanisms. This would allow AI to play a more positive role in fostering enterprise TI and driving high-quality economic development.</p>\n </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 7","pages":"4056-4069"},"PeriodicalIF":2.7000,"publicationDate":"2025-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Managerial and Decision Economics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/mde.70002","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper investigates the impact of artificial intelligence (AI) on the technological innovation (TI) of enterprises and explores its mechanisms of action based on data from Chinese enterprises. This study finds that AI significantly promotes enterprise TI. The reliability of these conclusions is validated through instrumental variable regression and robustness tests. Key mechanisms through which AI enhances enterprise innovation include total factor productivity (TFP) improvement, human capital structure optimization, and digital transformation. The level of internal R&D focus within enterprises plays a positive moderating role in the incentive effects of AI on TI. AI can not only enhance the quantity of technological innovation but also promote the diffusion of technology. Enterprises in the service industry exhibit stronger effects. Therefore, it is recommended that governments increase support for AI technologies, promote the integration of traditional industries, and improve talent training mechanisms. This would allow AI to play a more positive role in fostering enterprise TI and driving high-quality economic development.
期刊介绍:
Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.