关键词: 新质生产力, 人工智能, 企业战略, 动态能力, 资源配置效率

Abstract: Artificial Intelligence has gradually become a strategic pillar technology leading the technological revolution and driving industrial change. Although AI strategy can be regarded as a growth option that can bring value to enterprises based on the real option theory, some enterprises terminate their AI strategy, which in turn affects the development of new quality productive forces. This paper selects Chinese A-share listed companies in Shanghai and Shenzhen as the research sample and empirically analyzes them using a multi-temporal double-difference model. The study finds that AI strategy exit significantly inhibits firms' new quality productive forces development; the inhibition is stronger for firms with high levels of AI technology accumulation and data factor utilization. Mechanism analysis shows that the absorptive capacity, adaptive capacity, overall dynamic capacity, and resource allocation efficiency of enterprises play a mediating role in the process of AI strategic exit inhibiting enterprises' new quality productive forces. Expansiveness analysis shows that innovation subsidies mitigate the inhibitory effect and government subsidies amplify the inhibitory effect in formal institutional factors, while Confucian culture and red culture mitigate the inhibitory effect and cooperative culture and competitive culture amplify the inhibitory effect in informal institutional factors. This paper reveals the inhibitory effect of corporate AI strategic exit on new quality productive forces, providing practical insights for corporate strategic planning and government policy making.

Key words: New Quality Productive Forces, Artificial Intelligence, Corporate Strategy, Dynamic Capabilities, Resource Allocation Efficiency