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在全球化和经济不确定性背景下,供应链金融对于缓解企业融资难题、提升生产效率和市场响应速度具有重要作用。基于2016—2023年沪深A股无人机上市公司数据,采用OP(Onley-Pakes)法和广义估计法(GMM)衡量全要素生产率,并探讨了供应链韧性和人工智能技术作为调节机制的角色。研究发现,供应链金融显著提升了无人机企业的全要素生产率,供应链韧性和人工智能技术正向调节这一关系。此外,还进行了内生性处理和稳健性检验,结果表明供应链金融对全要素生产率的正向影响在不同情境下保持稳健。异质性检验表明,供应链金融对成长期阶段、西部和东部地区以及非国有企业的无人机企业全要素生产率提升作用更为显著。研究为无人机企业优化供应链金融策略、提升生产效率提供了理论和实践指导,同时为政策制定者提供了科学依据。

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