关键词: 技术融合, 数实融合, 人力资本结构升级, 质量提升, 创新驱动

Abstract: Innovation based on technology integration is accelerating the deep integration of digital and real economy. How to gather innovative talents and promote the upgrading of human capital in the pursuit of innovation and quality is the key to unleashing the vitality of digital technology and releasing the dividends of human capital. Starting from the micro-perspective, this paper empirically examines digital-real economy integration affects enterprises' human capital structure. The study finds that the integration of digital and real economy has significantly increased the proportion of high-skilled and high-educated talents, i. e. , optimized the human capital structure of enterprises. The integration of digital and real economy not only enhances the quality of on-the-job training and improves the studying atmosphere to promote the growth of human capital in “learning by doing” through the quality improvement effect, but also drives innovation and increases R&D support to stimulate high-quality talent demand through the innovation-driven effect. Heterogeneity analysis shows that the upgrading effect of human capital is more significant in the environment of high-tech industries, low financing constraints and high marketization level. The research conclusion provides theoretical support and empirical evidence for promoting the integration of digital and real economy and driving the effective transformation from demographic dividend to talent dividend.

Key words: Technology Integration, Digital and Real Economy Integration, Human Capital Upgrading, Quality Improvement, Innovation Driven