【摘要】 当前世界经济形势复杂，企业经营环境面临的不确定性加剧，数字时代下企业如何提高应对各种风险的抵抗力值得关注。本文从数字技术的赋能视角出发，以中国A股上市企业为研究对象，根据2012～2023年的面板数据，在理论分析的基础上运用多种计量分析方法，包括固定效应模型、两阶段最小二乘回归模型以及中介效应模型等，探究数字技术对企业韧性的影响及作用机制。研究发现，数字技术能够显著提升企业韧性，并且随着数字技术应用程度的加深，企业韧性不断增强。从要素赋能视角来看，数字技术能够通过推动创新发展、缓解融资约束、降低人力管理成本来提升企业韧性。从异质性分析结果来看，数字技术对企业韧性的影响存在多种异质性特征，包括企业所有制性质、城市群级别等。本文为实现数字技术价值释放、发展新质生产力，进而通过要素赋能企业韧性提供了理论依据与经验启示。更多还原

【Abstract】 In the context of the current complex global economic landscape, enterprises are facing heightened uncertainties in their operating environments.Enhancing resilience to various risks in the digital age has become a critical area of focus.This study adopts a digital technology empowerment perspective and examines Chinese A-share listed companies using panel data from 2012 to 2023.Employing multiple econometric methods, including fixed effects models, two-stage least squares regression, and mediating effect models, the research investigates the impact and mechanisms through which digital technology influences enterprise resilience.The findings indicate that digital technology significantly enhances enterprise resilience, with resilience increasing progressively as the extent of digital technology application deepens.From the perspective of factor empowerment, digital technology boosts enterprise resilience by fostering innovation, alleviating financing constraints, and reducing human resource management costs.Heterogeneity analysis reveals that the impact of digital technology on enterprise resilience varies across different dimensions, such as the level of urban agglomeration and the nature of enterprise ownership.This study provides both theoretical foundations and empirical insights for unlocking the value of digital technology, developing new quality productivity, and enhancing enterprise resi-lience through factor empowerment.更多还原