The Impact and Mechanism of Artificial Intelligence Applications on Enterprise Innovation: Evidence from Chinese SRDI Enterprises
Artificial intelligence (AI) has become an important strategic force driving enterprise transformation and innovation. In China, SRDI enterprises, namely, specialized, refinement, differential, and innovation-oriented enterprises, represent a critical group in the transformation toward high-quality development. Compared with ordinary small and medium-sized enterprises, SRDI enterprises possess stronger technological specialization, greater innovation potential, and more distinctive industrial positioning. However, they still face constraints in talent structure, knowledge integration, and innovation resource allocation during the process of intelligent upgrading. Against this background, this paper investigates the impact and underlying mechanisms of AI applications on enterprise innovation among SRDI enterprises. Following a two-way fixed-effects panel regression and mediation analysis framework, this study constructs a panel dataset of 959 SRDI enterprises from 2013 to 2024, covering manufacturing, industrial software, new materials, intelligent equipment, electronic information, and producer services. The empirical results show that AI applications significantly promote enterprise innovation. Mechanism tests indicate that AI improves innovation performance through three channels: knowledge spillover, human capital upgrading, and innovation factor allocation optimization. Heterogeneity analysis further demonstrates that the positive effect of AI is more pronounced among manufacturing-oriented SRDI enterprises, firms with higher R&D intensity, and enterprises located in regions with stronger digital infrastructure. Robustness checks based on lagged explanatory variables, alternative dependent variables, winsorization, and additional controls confirm the stability of the results. This paper extends the literature on AI and innovation by focusing on SRDI enterprises and provides practical implications for the cultivation of innovation ecosystems, intelligent transformation, and high-quality industrial development.
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