Enterprise New-Quality Productive Forces and the Improvement of Human Capital Level

Abstract

The world has gradually entered the era of digital economy, and in this context, vigorously enhancing the new-quality productive forces of enterprises has become an important path to promote the high-quality development of enterprises. Based on the data of A-share listed companies from 2014 to 2023, this paper studies the influence mechanism of enterprise new-quality productive forces on the level of human capital. The study finds that enterprise new-quality productive forces have a positive impact on the level of human capital, and this conclusion still holds after a series of robustness tests. Heterogeneity analysis shows that the promoting effect of enterprise new-quality productive forces on the level of human capital is more significant in central region enterprises, state-owned enterprises and non-competitive industries. Mechanism analysis indicates that enterprise new-quality productive forces promote the improvement of human capital level by strengthening the resource integration capacity of enterprises and increasing the level of knowledge diversification. The above results are highly consistent with the internal action mechanism of empowering the upgrading of enterprise human capital through new-quality productive forces. This paper has certain significance for developing enterprise new-quality productive forces and formulating strategies to improve the level of enterprise human capital.