scholarly journals Government R&D Investment, Knowledge Accumulation, and Regional Innovation Capability: Evidence of a Threshold Effect Model from China

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-9
Author(s):  
Chen Gong

Innovation is the primary driving force of development and the strategic support for building a modern economic system. For enterprises, continuous innovation capabilities can effectively deal with uncertainties in the business environment and can enhance business competitiveness. Macropolicies can stimulate economic development and can try to promote enterprise innovation, but there is still widespread debate in academia about whether these policies successfully promote or, in fact, inhibit innovation. Looking at the provincial panel data from China between 2009 and 2018, the authors of this paper explored the complex nonlinear mechanism of government R&D investment in driving regional innovation capabilities from the perspective of knowledge accumulation. The empirical results show that, when the level of knowledge accumulation is used as the threshold variable, there is an obvious threshold effect between government R&D input and regional innovation capabilities. As the level of knowledge accumulation crosses the threshold, the influence of government R&D investment on regional innovation capabilities undergoes a structural mutation, shifting from an insignificant inhibitory effect to a significant promotional effect. The above conclusion has strong robustness. This article provides useful policy enlightenment for China to promote the development of scientific and technological civilization and the construction of an innovative country.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dongyun Zhu ◽  
Bingfen Xu

Purpose This study aims to measure the moderating effect of geographical and organizational proximity by focusing on readily available Chinese regional economic data over a five-year period. Design/methodology/approach The authors used multilevel regression analysis to analyze the relationship. Findings Results show that increasing government investment in research and development (R&D) can improve innovation performance during this period, organizational proximity and geographic proximity have a positive moderate effect on the relationship between R&D investment and Innovation performance. Originality/value This study enriches the existing theories on government innovation input and output from the perspective of regional differences and provides meaningful guidance for current Chinese regional innovation policies.


Author(s):  
Ioana Alexandra Onea

AbstractThe purpose of this paper is to present an overview of the theoretical connection between key terms such as innovation indicators and entrepreneurship, highlighting the main trends of innovative activities and practices in the context of Romanian small and medium enterprises. Innovation management has gained an increased interest nowadays since it provides tools for creating competitive advantage and economic growth for enterprises. In this sense, at global and European Union level, innovation indicators have been identified in order to measure the efficiency of innovation. In addition, innovation and entrepreneurship have been connected by scholars, since their application provides business opportunities. Starting from the Europe 2020 Strategy that has innovation as a pillar for reaching economic growth, the present study provides a descriptive analysis of the Regional Innovation Scoreboard 2019 report, followed by a comparative analysis of the European Innovation Scoreboard reports published in the last 5 years. The present paper contributes to the existing knowledge regarding the actual application of innovation indicators in Romanian SMEs. The paper provides an answer to the research questions, which focus on depicting what are the exact innovation indicators that characterize the activities of Romanian SME and what are the trends and weaknesses in the actual business environment in terms of innovative endeavors. This paper provides some recommendations in terms of improvement of innovative efforts for the enterprises that operate in the Romanian market.


2021 ◽  
Vol 235 ◽  
pp. 02022
Author(s):  
Wanchun Li

This paper is based on the input-output panel data of logistics industry in 30 provinces and regions in China from 2005 to 2017, using nonparametric DEA model to evaluate the green total factor productivity of logistics industry, and build a panel threshold model to empirically test the nonlinear impact of environmental egulation. It is found that environmental regulation has a double threshold effect on green total factor productivity of logistics industry, the estimated threshold values are 89.85 and 211.27 respectively; when environmental regulation is at a low level below 89.85, environmental regulation has a positive effect of 2.09% on green total factor productivity of logistics industry, when environmental regulation is in the intermediate stage of 89.85 to 211.27, environmental regulation has a positive improvement effect of 6.41% on green total factor productivity of logistics industry; when environmental regulation is at a higher level than 211.27, environmental regulation has a negative inhibitory effect of 1.57% on green total factor productivity of logistics industry. Based on the empirical conclusion, this paper puts forward: First, using the performance assessment as the baton to urge the local government to establish an effective environmental regulation system; second, the government should plan to guide the green transformation and upgrading of the logistics industry to avoid “one size fits all” environmental regulation.


Author(s):  
Oana-Georgiana Ciobanu ◽  
Daniela Mihaela Neamţu

Abstract In a globalized world, led and connected by and through technology, gadgets and perpetual and intense technological development, the business environment and the trajectory travelled by entrepreneurs in the process of creation and development of a business, becomes more and more challenging and complex. Continuous innovation has become mandatory and „adaptability” became the keyword for the success of any entrepreneurial actions. In this socio-economic context, an organization must find, through entrepreneurs or managers, the courage to face the uncertainty and be always prepared to adopt radical solutions, so that, can provide sustainability of the business through competitiveness. The purpose of this research started from the need for adaptability and flexibility of the Romanian entrepreneurial environment to the trends in the digital era, in order to maintain the level of competitiveness and to develop sustainably. The objective of this scientific approach is to conduct a qualitative comparative analysis relating to the importance and the impact of new technologies in the development and sustainability of a business. The comparison will be made through the eyes of two main categories of actors in the creation and development of a business namely entrepreneurs and managers from two consecutive generations - generation X (born between 1965 and 1980) and generation Y (born between 1980 and 1995). The methodology used in this study is qualitative research through focus group method, and it aims to be highlighted the changes occurred in leadership and management style of a business/organization, by observing and comparing the two generations' attitudes towards change, towards new, towards the digital component, and the intent of the use of new technologies, and more than that, their impact on the management style.


2020 ◽  
Vol 12 (15) ◽  
pp. 6155
Author(s):  
Jiajia Hao ◽  
Chunling Li ◽  
Runsen Yuan ◽  
Masood Ahmed ◽  
Muhammad Asif Khan ◽  
...  

The purpose of innovation is to consume fewer natural resources in order to create sustainable performance; therefore, innovation can ease the pressure of the ecological load and promote the sustainable development of the economy. Taking the 269 enterprises listed on the main board of the electronic information industry from 2010 to 2019 as samples, using the threshold panel data model, the nonlinear relationship between the knowledge-based network structure hole and the short-term and long-term innovation performance of the enterprises were studied, and the threshold effect of R&D investment intensity was discussed. When the R&D investment intensity is from 1.96% to 15.96%, the knowledge-based network structure hole has a significant positive impact on short-term innovation performance. When the R&D investment intensity is from 5.72% to 10.64%, the knowledge-based network structure hole has a significant positive effect on long-term innovation performance. Lower R&D investment intensity can make the knowledge-based network structure hole promote the increase of short term innovation performance, but to make the knowledge-based network structure hole have a positive impact on long term innovation performance, the R&D investment intensity should be increased by more than 5.72%. When R&D investment intensity is not higher than 15.96%, the knowledge-based network structure hole has a significant positive impact on short term innovation performance, but to make the knowledge-based network structure hole maintain the positive effect on long term innovation performance, R&D investment intensity should not exceed 10.64%. Therefore, enterprises should be guided to optimize the knowledge-based network structure according to the R&D investment intensity in order to improve the short term and long-term innovation performance of an enterprise. These research results can help enterprises to save resources and promote the sustainable development of the economy.


1998 ◽  
Vol 6 (3) ◽  
pp. 94-107 ◽  
Author(s):  
John R. Riesenberger

Today's fast-paced business environment is characterized by chaotic markets with constantly evolving global customers, competitors, and suppliers. Product life cycles are becoming ever shorter, demanding more rapid and complex product development processes that are uniquely tuned into ever-changing customer demands. Global customers demand consistency in service and quality at globally competitive prices. Tomorrow's winners will be determined by those few firms that create the ability to develop constant and continuous innovation and transformation. This ability will be successfully manifested by those enterprises that understand, properly harness, and exploit global learning and the use of the organization's intellectual capital.


2015 ◽  
Vol 5 (7) ◽  
pp. 1-7
Author(s):  
Hamrila A. Latip ◽  
Irma Yazreen Md Yusoff ◽  
Sapiee Hanapi

Subject area Management, business studies, entrepreneurship, public relations or communications. Study level/applicability This case study is suitable for certificate, diploma and degree programmes in management, business studies, entrepreneurship, public relations or communications. Case overview In this case study, there are three issues related to the halal controversy with the Sarawak layered cake that aimed at business competitiveness, namely, business perseverance during turbulent times; creativity and innovation for business growth; and expansion strategy. The halal controversy of an imported butter affected Di Wannie's business to a great extent. The “Imported X” butter was then declared to be halal after further investigation by the Islamic Advisory Committee, but the business impacts from the controversy took longer to vanish. Expected learning outcomes By the end of the discussion, students should have a clear concept of the various elements that constituted Di Wannie's business strategies, as well as the elements that constituted a Sarawak layered-cake industry strategy. Students should realize that the business model for a cake and pastry company is more complex because it not only involves building competency in cake production and marketing but also involves continuous innovation in recipe and baking process development, experimentation, sensitivity and ethical consumerism. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes.


2021 ◽  
Vol 2021 ◽  
pp. 1-14
Author(s):  
You-Qun Wu ◽  
Huai-Xin Lu ◽  
Xin-Lin Liao ◽  
Jia-Bao Liu ◽  
Jia-Ming Zhu

Based on the theoretical mechanism analysis of FDI, regional innovation, and green economic efficiency, this article uses China’s provincial panel data to calculate the provincial green economic efficiency level based on the three-stage DEA method and uses the system GMM model, intermediary effect model, and threshold model to empirically test the specific effects and transmission paths of FDI on the efficiency of the green economy. Research shows that FDI is one of the important factors that promote the improvement of green economic efficiency. Subregional tests have found that FDI has a significant regional heterogeneity in promoting the efficiency of the green economy. The mediation effect test found that the mediation effect of regional innovation is significant, and FDI can significantly promote the growth of green economic efficiency through regional innovation. The threshold effect analysis found that there are significant and effective double thresholds for regional economic levels, and the impact of FDI on green economic efficiency is heterogeneous within different threshold intervals. The research conclusions provide new inspiration for China to allocate FDI more rationally and efficiently under the new development pattern.


Ergo ◽  
2018 ◽  
Vol 13 (2) ◽  
pp. 15-19
Author(s):  
Miroslav Kostić

AbstractDuring 15 years of implementation of the Regional Innovation Strategy of South Moravia, the support of innovative business evolved into a set of interconnected programmes for startups and innovative companies with a potential of growth and foreign expansion. Programmes of the South Moravian Innovation Centre (JIC) facilitate creation and development of technology oriented companies in the region, highly concentrated in prioritised high-tech branches corresponding with specialisation of the regional economy (IT, mechanical engineering etc.). Growth of highly qualified jobs (mainly in R&D) in these companies contributes to the increasing orientation of the region on knowledge intensive branches of economy. Emerging companies supported by the JIC show in average a longer lifespan and growth dynamics than comparable newly established companies in the region without this support. Realisation of the programmes also significantly contributes to building of high quality business environment in the region. Problematic aspects of support to innovative business in the South Moravian Region are linked mainly with poor network of investors able to stimulate faster growth of startups, with low motivation of university students to start their own business or with emerging dichotomy in the support of knowledge intensive businesses concentrated in Brno and insufficiently supported businesses with lower knowledge intensity, also operating in priority branches of the regional economy.


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