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Artificial Intelligence and High-tech Enterprise Competitiveness:Mechanism and Effect |
DU Chuanzhong1, CAO Xiaoxi2, LIU Shutong2 |
1.College of Economic and Social Development, Nankai University
2.School of Economics, Nankai University |
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Abstract: Empowering the production and operation processes of manufacturing enterprises through artificial intelligence(AI)technology and improving the knowledge and automation level of manufacturing enterprises is an important way for high-tech enterprises to gain competitive advantages.This article theoretically and empirically analyzes the mechanism and effect of AI on enhancing the competitiveness of high-tech enterprises.The research shows that AI improves both markups and total factor productivity,and the main conclusion still holds after a series of robustness tests.The heterogeneity analysis shows that AI has a more significant empowering effect on competitiveness of state-owned enterprises and high-tech enterprises with higher economic uncertainty perception enterprises.Also,the effect is more pronounced for high-tech enterprises in regions with low market segmentation and good physical economic foundation.Technology accumulation effect,employee structure optimization effect,cost saving effect and efficiency improvement effect are important mechanisms for empowering high-tech enterprises with AI.The conclusion has obvious policy implications for promoting the deep integration of AI and high-tech manufacturing,and achieving high-quality economic development.
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Received: 07 December 2023
Published: 15 February 2024
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