Research on the Nonlinear Influence of Data Assets on Enterprise New Quality Productivity
DOI:
https://doi.org/10.6981/FEM.202604_7(4).0010Keywords:
Data Assets; New Quality Productivity; Nonlinear Relationship.Abstract
Based on data of Chinese A-share listed firms from 2009 to 2024, this paper investigates the impact of data assets on corporate new quality productivity(NQP). The empirical results show that there exists a nonlinear dynamic relationship between data assets and NQP. Specifically, data assets exert an inhibiting effect at low levels but a promoting effect at high levels. Heterogeneity tests further reveal that the positive impact of data assets on NQP is more pronounced in non-state-owned enterprises, high-tech industries, and firms located in regions with advanced digital infrastructure. Accordingly, enterprises should fully evaluate their development conditions and internal characteristics. Meanwhile, governments should optimize the management and regulatory systems of data assets, strengthen the construction of digital infrastructure, cultivate digital talents actively, provide a sound external environment for the development of NQP, and steadily promote high-quality development.
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