中文摘要：

市场环境的复杂性和动荡性增加了企业集团拓宽产业结构的经营风险,很多企业集团逐步减缓多元化战略的实施步伐,在动态竞争背景下塑造并提升成员企业的竞争能力成为集团获得长足发展的基本源泉。集团公司业务属性决定了资源禀赋的不同,对子公司的资源支持和管控模式也会存在差异,继而对子公司动态竞争能力的塑造和培育产生影响。基于动态竞争理论和成长理论,以2008年至2013年中国集团属性的上市子公司为研究样本,从集团公司业务属性差异化视角对子公司动态竞争能力培育机制及效应进行实证检验;通过spss 17.0进行主成分分析和因子分析,构建子公司动态竞争能力和成长性的评价体系;基于2 032个有效研究样本组成观测数据,采用stata 10.0进行多元回归分析,检验集团公司业务属性与子公司动态竞争能力的关联性;构建外部经营环境与子公司动态竞争能力交互项,进行层次回归分析,考察外部经营环境在子公司动态竞争能力与成长性关系中的调节作用。研究结果表明,生产经营型集团公司比纯资本运营型集团公司更有利于提升子公司动态竞争能力;子公司动态竞争能力对成长性有正向影响;基于外部经营环境的不同,子公司动态竞争能力对成长性的正向影响存在差异,外部经营环境越差,动态竞争能力对子公司成长性的积极效应越强,随着外部经营环境的完善,动态竞争能力对子公司成长性的积极作用逐渐削弱。研究结果丰富了子公司动态竞争能力的内涵,集团公司业务属性与子公司动态竞争能力关系的验证表明了集团框架内资源协同和组织学习对子公司能力提升的重要性。同时,对子公司动态竞争能力价值创造效应及外部经营环境调节作用的探索,可以为集团公司基于外部经营环境的差异化权变选择对子公司的治理模式和治理手段提供参考。

英文摘要：

Complexity and turbulence of market environment have increased the enterprise industrial structure expansion business risk in recent years. In order to avoid unnecessary risk, a lot of enterprise groups are gradually reducing the pace of the implementation of diversification strategy. Under the dynamic competition background, shaping and enhancing the enterprise competitiveness has become the basic source of enterprise groups to obtain sustainable and rapid development. Business property of group company determines the differences of resource endowments, resource support and control mode for the subsidiaries will also be different, and then shaping and cultivation of the subsidiary dynamic competitiveness will be influenced. On the basis of enterprise dynamic competition theory and enterprise growth theory, this paper takes the listed subsidiary companies with business property of group company as the research samples from 2008 to 2013, and makes an empirical test on dynamic competitiveness cultivation mechanism and effects of the subsidiaries from the business property of group company differentiation perspective. Then this paper makes principal component analysis and factor analysis to build the dynamic competitiveness and enterprise growth evaluation system through SPSS 17. 0. By using the 2032 sets of data formed from the research samples and making regression analysis through the STATA 10.0, this study tested the relevance of business property of group company and subsidiary dynamic competitiveness. At the same time, the empirical results also examine the moderating effects of external business environment on the relationship between the subsidiaries＇ dynamic competitiveness and growth through adding the product term of dynamic competitiveness and external business environment of subsidiaries. The research draws the following conclusions ： group companies involved with production and management are more conducive to enhance enterprise dynamic competitiveness than the pure capital management group compan