scholarly journals Government Subsidies and Firm Technological Innovation Performance: An Empirical Study Based on Panel Data of High-tech Firms

2021 ◽  
Vol 275 ◽  
pp. 03070
Author(s):  
Kun Xie ◽  
Zhengluan Zhang
Keyword(s):  
Technological Innovation ◽  
Market Competition ◽  
Economic Transformation ◽  
Moderating Effect ◽  
Innovation Performance ◽  
Ownership Concentration ◽  
High Tech ◽  
Government Subsidies ◽  
Enterprise Innovation ◽  
The Government

Can government subsidies improve enterprises’ technological innovation performance? Based on the A-share high-tech listed enterprises in Shanghai and Shenzhen Stock Exchange from 2015 to 2019, this paper empirically tests the micro policy effect of government subsidies on innovation performance of enterprises under the background of economic transformation, and the moderating effect of regional corruption, market competition and enterprise ownership concentration on this effect. The results show that the high quality signal transmitted by government subsidies is helpful for innovative enterprises to broaden the source of innovation resources and encourage enterprises to actively carry out innovative activities. Moderate level of regional corruption will promote the government subsidy effect, too high or too low level of corruption is not conducive to enterprise innovation; The higher the degree of market competition, the weaker the promoting effect of government subsidies on enterprise innovation; Corporate ownership concentration has a U-shaped moderating effect on government subsidies and innovation performance. Therefore, to improve the independent innovation ability of enterprises, on the one hand, we should continue to strengthen the government innovation subsidy and improve the subsidy system; on the other hand, we should strictly crackdown on corruption activities and supervise the establishment and improvement of the internal control system of enterprises, so as to give full play to the effect of government subsidies.

scholarly journals Impact of Chinese Government Subsidies on Enterprise Innovation: Based on a Three-Dimensional Perspective

2021 ◽  
Vol 13 (3) ◽  
pp. 1288
Author(s):  
Lili Jia ◽  
Eunyoung Nam ◽  
Dongphil Chun
Keyword(s):  
Technological Innovation ◽  
Technology Innovation ◽  
Institutional Environment ◽  
Market Competition ◽  
Academic Community ◽  
Least Square ◽  
Chinese Government ◽  
Government Subsidies ◽  
The Government ◽  
The Impact

Government subsidies are an important means to guide enterprises’ investment in technological innovation. While countries are increasing government subsidies to enterprises, how to effectively leverage government subsidies is a concern of the academic community. At present, scholars’ research conclusions on the impact of government subsidies on enterprise technological innovation include promotion effect, extrusion effect, and mixing effect. Relevant research is often conducted from a single perspective. This paper studies the relationship between government subsidies and enterprise technological innovation, and integrates the macro-institutional environment, meso-market structure, and micro-corporate governance into the same framework. Taking information transmission, software, and information technology service companies as samples, it analyzes the influencing factors of the Chinese government research and development (R&D) subsidies on enterprises’ innovation investment. This paper uses Stata16 software to perform the least square analysis. The research shows that the Chinese government R&D subsidies have a significant incentive effect on corporate technology innovation investment. The higher the marketization process, the more dispersed its equity, and the government subsidy promotes corporate technology innovation investment. The more significant it is; for industries with different product market competition, government subsidies have no significant impact on enterprises’ investment in technological innovation. Based on empirical research conclusions, this study puts forward policy recommendations to increase the intensity of government subsidies and optimize the structure of corporate equity to increase the leverage effect of government subsidies.

scholarly journals The Influence of Inter-Enterprise Knowledge Heterogeneity on Exploratory and Exploitative Innovation Performance: The Moderating Role of Trust and Contract

2020 ◽  
Vol 12 (14) ◽  
pp. 5677
Author(s):  
Chen Tao ◽  
Yiying Qu ◽  
Hao Ren ◽  
Zhuopin Guo
Keyword(s):  
Market Competition ◽  
Network Governance ◽  
Innovation Performance ◽  
High Tech ◽  
Alliance Network ◽  
Enterprise Innovation ◽  
The Relationship ◽  
Positive Effect ◽  
Moderating Role

Improving enterprise innovation performance is key for enterprises to obtain sustainable competitiveness. With the increasingly fierce market competition of technological and product innovation, acquiring external heterogeneous knowledge of alliance enterprises becomes core to improving innovation performance. In this paper, we constructed a theoretical model to present the effect of inter-enterprise knowledge heterogeneity and alliance network governance mechanisms on enterprise innovation performance. We selected high-tech enterprises as the research object for empirical research and reached the following conclusions: (1) Inter-enterprise knowledge heterogeneity has a positive effect on exploratory and exploitative innovation performance, and (2) trust and contract have a moderating effect on the relationship between inter-enterprise knowledge heterogeneity and enterprise innovation performance.

scholarly journals The Influence of Government Subsidies on Enterprise Innovation Performance

2021 ◽  
Vol 275 ◽  
pp. 03006
Author(s):  
Wang Lan
Keyword(s):  
Industrial Policy ◽  
Innovation Performance ◽  
Innovative Development ◽  
Social Reforms ◽  
Government Subsidies ◽  
Support For Innovation ◽  
Enterprise Innovation ◽  
The Government ◽  
The Impact ◽  
Innovation And Entrepreneurship

In the current society of innovative development, the innovation and reform of enterprises is particularly important in the development of the entire industry, especially with the country’s vigorous support for innovation and entrepreneurship in recent years. The rise of enterprises in the market is like mushrooms, and the development of enterprises will usher in a new challenge and opportunity, in order to be able to occupy a certain position among many enterprises and obtain greater advantages. Enterprises must constantly adjust their development strategies based on social reforms. However, the government subsidies to enterprises are one of the important starting points for China to realize the industrial policy, and they have played an important role in supporting and developing China’s relatively weak and strategic industries. In the development of enterprises, the influence of government subsidies on the development of enterprises should not be ignored. For this reason, further exploration of the impact of government subsidies on the development of enterprise innovation performance has become an issue that governments and enterprises need to study and pay attention to. This article will further briefly introduce the impact of government subsidies on enterprise innovation performance.

scholarly journals Whether the Innovation Policy Will Really Improve Enterprise’s Innovation Performance— Mediating Role of Ambidextrous Learning

2018 ◽  
Vol 11 (9) ◽  
pp. 96
Author(s):  
Wang Dongling ◽  
Kelvin C.K. Lam
Keyword(s):  
Innovation Policy ◽  
Innovation Performance ◽  
High Tech ◽  
Mediating Role ◽  
Innovation Activities ◽  
Enterprise Innovation ◽  
The Government ◽  
The Impact ◽  
Government Innovation

As the scope embodiment of public policy in specific fields, the government innovation policy is essentially a system arrangement and rule design and it plays an external guidance and incentive effect on the enterprises’ innovation activities. Whether the innovation policy will really promote the improvement of enterprises’ innovation performance and how it is realized have not reached the conclusion among theorists. As such the aim of this research is to test the relationships between innovation policy and enterprises’ innovation performance with the aim of contributing to help the government adjust policies and improve the innovation performance of enterprises. Based on the data of high-tech enterprises in Shandong Province in 2017, this paper studied the impact mechanism of innovation policy on enterprise innovation performance through regression analysis. The paper found that the innovation policy has a significant impact on enterprise innovation performance, and the ambidextrous learning plays a mediating role in this process.

scholarly journals Innovation Efficiency of High-Tech SMEs Listed in China: Its Measurement and Antecedents

2020 ◽  
Vol 2020 ◽  
pp. 1-9
Author(s):  
Lixia Liu ◽  
Yaming Hou ◽  
Xueli Zhan ◽  
Zongxian Wang
Keyword(s):  
Market Competition ◽  
Ownership Concentration ◽  
Scale Efficiency ◽  
High Tech ◽  
Firm Age ◽  
Upward Trend ◽  
Positive Effects ◽  
Important Index ◽  
Enterprise Innovation ◽  
The Impact

Innovation efficiency is an important index to measure the innovation performance of high-tech enterprises. Numerous researches have been conducted on innovation efficiency at national, regional, and sectoral levels, while there are comparatively few studies on the innovation efficiency of high-tech small- and medium-sized enterprises (SMEs) from a micro perspective. Therefore, innovation efficiency of 251 high-tech SMEs listed in China from 2012 to 2015 is measured with the super-SBM model in this paper. The results suggest that the overall innovation efficiency is low but shows an upward trend. In addition, the antecedents of innovation efficiency are explored using the panel regression model and the conclusions are as follows: (1) government subsidies, ownership concentration, and market competition deter enterprise innovation efficiency, and the impact of ownership concentration is found to be the most significant; (2) firm size and asset-liability ratio bear positively on enterprise innovation efficiency, with the effect of asset-liability ratio being greater; (3) firm age has significantly positive effects on scale efficiency but not on innovation efficiency and pure technical efficiency.

Effects of technology lock-in on enterprise innovation performance

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Li Zhao ◽  
Jianxin Sun ◽  
Ling Zhang ◽  
Pengfei He ◽  
Qiulu Yi
Keyword(s):  
Technological Innovation ◽  
Path Dependence ◽  
Economies Of Scale ◽  
Management Strategies ◽  
Innovation Performance ◽  
High Tech ◽  
Content Type ◽  
Different Types ◽  
Enterprise Innovation ◽  
Lock In

PurposeThis study explores the effects of different types of technology lock-in on enterprise innovation performance. On this basis, the authors aim to provide technological innovation suggestions for the long-term development of Chinese enterprises.Design/methodology/approachA total of 211 high-tech enterprises in China were taken as the research sample. Data were collected through questionnaire surveys and secondhand data. Linear and nonlinear regression models were used to test the hypotheses.FindingsDifferent types of technology lock-in had different effects on enterprise innovation performance. Initiative lock-in and passive lock-in showed an inverted U-shaped relationship with innovation performance. Economies of scale were positively correlated with innovation performance, while self-lock-in was negatively correlated with it.Practical implicationsThis research can help enterprises reconceptualize technology lock-in. It can also help enterprises in different stages of development carry out targeted technological innovation and management strategies.Originality/valueThis research enriches our understanding of technology lock-in. By breaking with previous conceptualizations of a simple linear relationship between technology lock-in and innovation performance, this study proposes and confirms different technology lock-in has different relationships with enterprise innovation performance. This study is important for enterprises to reassess their technology lock-in state and carry out targeted technological innovation strategies. This research enriches the theory of path dependence and its combination with other theories. And this study also reveals the current research on technology lock-in is insufficient.

scholarly journals Analysis on the Status quo of Government subsidies for High-tech enterprises in China

2021 ◽  
Vol 235 ◽  
pp. 02069
Author(s):  
Hanyi ◽  
Yuju Li
Keyword(s):  
Financial Support ◽  
Stock Exchange ◽  
Status Quo ◽  
High Tech ◽  
High Coverage ◽  
Government Subsidies ◽  
Wide Range ◽  
The Status ◽  
Enterprise Innovation ◽  
The Government

In order to promote technological innovation of high-tech enterprises and speed up the process of enterprise innovation, the government has issued a series of subsidy policies. Among them, government subsidies can provide direct financial support for enterprises’ innovative research and development. The extent to which government subsidies cover high-tech enterprises and the use of government subsidies by enterprises have also attracted more and more attention. This article selects the high-tech companies from the Shanghai Stock Exchange and the Shenzhen Stock Exchange from 2010 to 2019, and studies the status quo of their government subsidies in terms of coverage, total distribution, use, and industries. It is found that the current high-tech companies have a high coverage of government subsidies and involve a wide range of industries, The financial support is relatively large, but different enterprises and industries are relatively unbalanced, and a relatively high proportion of government subsidies in enterprises are used for daily business activities. At the same time, it provides suggestions for the investment and utilization of government subsidies based on the research status.

Artificial Intelligence as a Technological Innovation to Accelerate Economic Development

2019 ◽  
Vol 12 (3) ◽  
pp. 125-133
Author(s):  
S. V. Shchurina ◽  
A. S. Danilov
Keyword(s):  
Artificial Intelligence ◽  
Economic Development ◽  
Technological Innovation ◽  
Manufacturing Industry ◽  
New Technologies ◽  
Retail Trade ◽  
High Tech ◽  
Industrial Complex ◽  
Technological Gap ◽  
The Government

The subject of the research is the introduction of artificial intelligence as a technological innovation into the Russian economic development. The relevance of the problem is due to the fact that the Russian market of artificial intelligence is still in the infancy and the necessity to bridge the current technological gap between Russia and the leading economies of the world is coming to the forefront. The financial sector, the manufacturing industry and the retail trade are the drivers of the artificial intelligence development. However, company managers in Russia are not prepared for the practical application of expensive artificial intelligence technologies. Under these circumstances, the challenge is to develop measures to support high-tech projects of small and medium-sized businesses, given that the technological innovation considered can accelerate the development of the Russian economy in the energy sector fully or partially controlled by the government as well as in the military-industrial complex and the judicial system.The purposes of the research were to examine the current state of technological innovations in the field of artificial intelligence in the leading countries and Russia and develop proposals for improving the AI application in the Russian practices.The paper concludes that the artificial intelligence is a breakthrough technology with a great application potential. Active promotion of the artificial intelligence in companies significantly increases their efficiency, competitiveness, develops industry markets, stimulates introduction of new technologies, improves product quality and scales up manufacturing. In general, the artificial intelligence gives a new impetus to the development of Russia and facilitates its entry into the five largest world’s economies.

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