作为一种隐性的非正式制度，社会信任对于推动企业参与市场竞争、开展技术创新具有重要的现实意义。立足微观企业绿色技术创新，考察社会信任对企业绿色技术创新的影响机理，研究表明：社会信任主要通过强化企业社会责任与缓解企业融资约束促进企业绿色技术创新，外部资源供给与内部可持续导向能够强化社会信任驱动的企业绿色技术创新的正向价值，产生内外赋能效应，这种促进作用在非国有产权、中西部地区以及正式制度环境更弱的企业中更为明显。当前应着力深化社会信任环境与信用体系建设，充分发挥信任的润滑剂效应，以改善企业绿色技术创新的融资环境。
Social Trust and Enterprises' Green Innovation
A Study Based on Micro Evidence of Listed Companies
Yang Zhen（Chinese Academy of Social Sciences）
Abstract As a kind of hidden informal system, social trust is of great practical significance in promoting enterprises' participation in market competition and technological innovation. Based on the green techno‐ logical innovation of enterprises, this paper examines the influence mechanism of social trust on green techno‐ logical innovation. The results show that social trust mainly promotes green technological innovation through strengthening corporate social responsibility and alleviating corporate financing constraints, while the supply of external resources and internal sustainable orientation can strengthen the positive value of corporate green technological innovation driven by social trust, generating internal and external empowerment effects. The promotion effect of social trust on green technology innovation is more obvious in non-state-owned enterprises, enterprises in central and western regions, and enterprises with weaker formal institutional environment. At present, efforts should be made to deepen the construction of social trust environment and social credit system, and give full play to the lubricant effect of trust, so as to improve the financing environment for enterprises' green technological innovation.
Key words social trust; enterprise' green technology innovation; corporate social responsibility; financing constraints; government subsidies
■作者简介 阳 镇，中国社会科学院工业经济研究所助理研究员；北京 100006；
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