引领数字前沿：中国网络安全法对企业数字创新的影响

IF 7.5 1区经济学 Q1 BUSINESS, FINANCE

International Review of Financial Analysis Pub Date : 2025-03-27 DOI:10.1016/j.irfa.2025.104182

Hongze Chen , Conggang Li , Jiatao Liu , Rong Xu

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引用次数: 0

摘要

本文发现，中国网络安全法实施后，核心数字产业的企业比数字采用率较低的行业的企业产生更多的数字创新。利用这种监管转变作为一种准自然实验，我们使用基于文本的年度报告分析来研究其对企业数字创新的影响。隐私法规对数字创新的促进作用类似于波特假设，它解决了环境法规对创新的积极作用。我们的研究深入研究了细微的动态，揭示了面临高市场竞争、客户集中度和较少财务约束的公司优先考虑数字创新。本研究的贡献在于强调加强数据隐私监管如何促进企业的数字创新，促进数字时代的持续增长和生产力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Navigating digital frontiers: The impact of China's cybersecurity law on corporate digital innovation

In this paper, we find that after the enactment of China's Cybersecurity Law, firms in core digital industries produce more digital innovation than those in industries with lower digital adoption. Leveraging this regulatory shift as a quasi-natural experiment, we examine its impact on corporate digital innovation using a text-based analysis of annual reports. The promotional effect of privacy regulations on digital innovation resembles the Porter hypothesis, which addresses the positive effect of environmental regulations on innovation. Our study delves into the nuanced dynamics, revealing that firms facing high market competition, customer concentration, and fewer financial constraints prioritize digital innovation. This research contributes by highlighting how strengthened data privacy regulation promotes firms' digital innovation, fostering sustained growth and productivity in the digital era.

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来源期刊

International Review of Financial Analysis BUSINESS, FINANCE-

CiteScore

10.30

自引率

9.80%

发文量

366

期刊介绍： The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.