科研管理

科研管理 ›› 2025, Vol. 46 ›› Issue (12): 209-217.DOI: 10.19571/j.cnki.1000-2995.2025.12.021

• 论文 • 上一篇    

专利质押对企业数字化转型的影响研究

王旺1，刘树梁2   

  1. 1.南京大学商学院，江苏 南京210093；
    2.暨南大学产业经济研究院，广东 广州510623
  • 收稿日期:2024-03-05 修回日期:2025-01-22 接受日期:2025-01-23 出版日期:2025-12-20 发布日期:2025-12-15
  • 通讯作者: 王旺
  • 基金资助:
    国家社科基金重大项目：“金融业制度型开放助推构建新发展格局的路径研究”（23&ZD059,2023.11—2026.12）；江苏省研究生科研创新计划：“银行数字化转型对涉农信贷的影响研究”（KYCX23_0013,2023.05—2025.09）。

Research on the impact of patent pledge on the digital transformation of enterprises
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Wang Wang1, Liu Shuliang2   

  1. 1. School of Business, Nanjing University, Nanjing 210093, Jiangsu, China; 
    2. Institute of Industrial Economics, Jinan University, Guangzhou 510623, Guangdong, China
  • Received:2024-03-05 Revised:2025-01-22 Accepted:2025-01-23 Online:2025-12-20 Published:2025-12-15

摘要：    企业数字化转型是推动中国数字经济发展的重要基础，如何充分发挥专利质押对企业数字化转型的驱动效应，对企业持续健康发展和中国数字经济高质量增长具有重要意义。本文基于2005—2022年中国A股上市公司数据，使用多期双重差分模型评估专利质押融资试点政策对企业数字化转型的影响和作用机制。研究发现，专利质押融资试点能够促进企业数字化转型。机制检验表明，试点政策主要通过缓解企业融资约束和推动企业科技创新两条路径推动企业数字化转型。异质性检验发现，试点政策的促进效应在非国有企业和资本技术密集型企业中更显著，且主要集中在大数据和商业模式领域，对智能制造和信息化的影响不明显。本文在理论上丰富了企业数字化转型影响因素和专利质押经济效应的研究，对促进企业数字化转型、完善专利质押融资试点政策具有参考意义。

关键词: 专利质押, 企业数字化, 融资约束, 科技创新

Abstract:    The digital transformation of enterprises is an important foundation for promoting the development of China′s digital economy. Maximizing the driving effect of patent pledging on digital transformation is of great significance to the sustainable and healthy development of enterprises and the high-quality growth of China′s digital economy. Based on the data of China′s A-share listed companies in Shanghai and Shenzhen from 2005 to 2022, this paper used the multi-period difference-in-differences model to evaluate the impact of the patent pledging pilot policy on enterprise digital transformation and its underlying mechanisms. The research found that the pilot projects of patent pledge financing can promote the digital transformation of enterprises. The mechanism tests indicated that the pilot policy achieves this primarily by alleviating financing constraints and fostering technological innovation. The heterogeneity analysis showed that the promotion effect of pilot policies is more significant in non-state-owned enterprises and capitalintensive enterprises, and mainly concentrated in the fields of big data and business models, with no significant impact on enterprise intelligent manufacturing and informatization. This study has theoretically enriched the research on the influencing factors of enterprise digital transformation and the economic effects of patent pledge, which has reference significance for promoting enterprise digital transformation and improving patent pledge financing pilot policies.

Key words: patent pledge, enterprise digitization, financing constraint, scientific and technological innovation