企业社会责任会影响创新吗?——基于研发异质性与产权性质视角

选取2008-2017年全部A股上市公司为样本，研究企业的社会责任承担状况与创新活动之间的关系，同时考虑研发活动异质性与产权性质对研究问题的影响。研究结果表明：企业社会责任表现与企业的创新活动呈现一种正相关关系；考虑到企业研发活动异质性后，企业社会责任对探索式创新的正向激励作用更大；考虑到企业产权后，企业社会责任表现与企业整体创新活动、探索式创新活动之间的正相关关系在非国有企业中更为明显。

Does Corporate Social Responsibility Have an Impact on Innovation?-Based on the Heterogeneity of R&D Investment and Nature of Property Right

Takes a sample of all A-share listed companies from 2008 to 2017 to study the relationship between corporate social responsibility and corporate innovation and consider the impact of R&D investment heterogeneity and property heterogeneity. Research indicates:The performance of corporate social responsibility and the innovation activities of enterprises show a positive correlation;After considering the heterogeneity of R&D investment, the positive incentive effect of corporate social responsibility performance on the enterprise's exploratory innovation is greater;After considering the heterogeneity of ownership, the positive correlations of the overall innovation activities and exploratory innovation activities between corporate social responsibility performance are more obvious in non-state-owned enterprises.