双碳战略下，为推动引导企业绿色发展以提升企业价值，以2013－2019年我国209家上市制造企业相关面板数据为样本，探讨绿色工艺创新通过影响智力资本及其构成要素（人力资本、结构资本和关系资本）提升企业绩效的路径，以及组织冗余在其中的调节效应。研究结果显示：（1）绿色工艺创新对企业绩效具有显著促进作用；（2）人力资本、结构资本在绿色工艺创新与企业绩效间发挥部分中介作用，且中介效应存在差异；（3）绿色工艺创新对企业绩效的直接预测作用受到未吸收冗余的正向调节，但未受到已吸收冗余的调节效应影响。为加快企业绿色创新发展，提出企业应加大研发投入力度、提高绿色工艺创新能力，加强智力资本开发管理，以及重视冗余资源利用、优化资源配置机制等对策建议。

Under the dual carbon strategy, in order to promote and guide the green development of enterprises and enhance enterprise value, this paper takes the panel data of 209 listed manufacturing enterprises in China from 2013 to 2019 as samples to explore how green process innovation can improve enterprise performance by influencing intellectual capital and its components (human capital, structural capital and relational capital). And the moderating effect of organizational redundancy. The results show that: (1)Green process innovation has a significant effect on enterprise performance; (2)Human capital and structural capital play a partial mediating role between green process innovation and firm performance, and the mediating effect is different; (3)The direct forecasting effect of green process innovation on firm performance is positively moderated by unabsorbed redundancy, but not by the moderating effect of absorbed redundancy. In order to accelerate the development of green innovation, it is suggested that enterprises should increase the investment in R&D, improve the innovation ability of green technology, strengthen the development and management of intellectual capital, attach importance to the utilization of redundant resources and optimize the mechanism of resource allocation.

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上海市哲学社会科学规划项目“我国环境规制工具对企业绿色技术创新的异质效应研究”(2020BGL025)