【摘要】 融通创新对于解决单一主体创新能力不足有重大意义。信息化浪潮下，数据资产有利于推动链上企业进行资源整合、成果共享与合作创新，已成为促进企业融通创新的核心动力。基于2010—2022年中国A股上市企业的经验证据，探究了数据资产对上下游协作主体间融通创新的作用渠道与影响路径。研究表明：(1)数据资产对企业融通创新具有显著的正向效应；(2)推动企业全要素生产率提升、驱动人力资本结构高级化和缓解融资约束是数据资产促进企业融通创新的重要传导途径；(3)分属于大型、高新技术、制造业行业的企业，数据资产对融通创新的促进效果更为明显。研究结果证实了数据资产可以赋能企业融通创新提升，为国家培育数据要素新动能、促进企业融通创新提供了理论参考与现实依据。更多还原

【Abstract】 Co-innovation is considered to be of great significance in addressing the lack of innovation capacity of a single entity. Under the influence of information technology, data assets are found to facilitate resource integration, achievement sharing, and collaborative innovation among enterprises within the supply chain. They are regarded as the core driving force for promoting co-innovation among enterprises. Based on empirical evidence from A-share listed companies in China between 2010 and 2022, the role of data assets in the channels and paths of co-innovation among upstream and downstream collaborators was explored. The results show that data assets exert a significant positive influence on firms’ co-innovation. The enhancement of firms’ total factor productivity, the advancement of human capital structure, and the alleviation of financing constraints are identified as key transmission mechanisms through which data assets contribute to firms’ co-innovation. The promotional effect of data assets on co-innovation is found to be more pronounced in large-scale, high-tech, and manufacturing enterprises. The findings confirm that data assets can enable enterprises to enhance co-innovation and offer both theoretical references and practical foundations for the country to develop new driving forces related to data elements and advance enterprise co-innovation.更多还原