Archive

20 March 2024, Volume 45 Issue 3 Previous Issue    Next Issue

---

For Selected:

Download Citations EndNote Ris BibTeX

Toggle Thumbnails

Select

Theoretical basis and logical framework to support the foundational systems of all-round innovation Qiao Lili, Liu Zhongquan, Ren Zhipeng 2024, 45(3): 1-9.  DOI: 10.19571/j.cnki.1000-2995.2024.03.001 Abstract ( 349 )       Innovation is the primary driving force for development, and the key to the great power game is institutional competition for innovation. The report of the CPC′s 20th National Congress proposed "to establish a foundational system for all-round innovation". Internationally, the elements of high-end innovation required for high-quality development are often more sensitive to the institutional environment, and developed countries continue to squeeze the legal system space for developing economies to support innovation. Domestically, the structural problems of China's current innovation system need to be solved through basic institutional arrangements. This paper put forward the connotation of all-round innovation from such two perspectives as theoretical basis and reform practice, and systematically studied the mechanism of forming the foundational systems to support all-round innovation. Supporting all-round innovation is the value orientation of foundational systems, which include market system, element system, organization system, incentive system and open system. It is proposed in this paper that the basic role of the market systems supporting innovation should be highlighted, the vitality of innovative organizations and innovative talents should be fully stimulated, the social institutional foundation to support all-round innovation should be strengthened and the institutional construction and institutional evolution through all-round innovation reform should be promoted. References | Related Articles | Metrics

Select

Impact of scientific knowledge characteristics of industrial innovation on China′s technological catch-up Li Mengke, Wang Fang 2024, 45(3): 10-19.  DOI: 10.19571/j.cnki.1000-2995.2024.03.002 Abstract ( 278 )      Understanding the impact of scientific knowledge on the technological catch-up of latecomer economies is of great significance to innovation economics theory and public policy. This paper combined the theory of knowledge base and technological regime to construct a theoretical framework for analyzing the scientific knowledge characteristics of technological innovation across different sectors from the perspective of heterogeneity of scientific knowledge. It proposed five dimensions, namely, scientific linkage, scientific cumulativeness, scientific appropriability, scientific diversity and scientific knowledge sources, to define the characteristics of scientific knowledge used in technological innovation across different sectors, and analyzed their impacts on the technological catch-up of China. The data were obtained from the United States Patent and Trademark Office (USPTO) and Lens dataset. This covers a total of 5,100,624 patents in 88 economies granted by USPTO from 1995 to 2019, and 5,837,518 resolved scientific literature. Based on the WIPO technology classification table, the sample patents were divided into 35 technology fields according to their first IPC code. The generalized least squares (GLS) model was used to analyze impacts of scientific-technological regimes on technological catch-up in China. The following four research findings were obtained from this research. First, it is difficult for China to catch up in the fields characterized with high degree of scientific linkage. Sectors characterized with high scientific linkage, such as nanotechnology, biotechnology and chemical pharmaceuticals, rely heavily on new discoveries and basic scientific research knowledge. Compared with developed economies, China needs to accumulate scientific knowledge foundations and improve its absorption and transformation capabilities in the long term, in order to stimulate a virtuous interaction between subsequent scientific output and technological innovation.Second, China is more likely to gain technological advantages in the fields that rely on relatively recent scientific research knowledge. These fields require less scientific accumulation and rely more on newly published scientific research knowledge, which favors emerging economies′ technological catch-up. Meanwhile, foreign scientific research presents a significant positive effect on China′s technological innovation. The development of relatively advantage industries in China heavily rely on foreign scientific knowledge. Expanding the geographic boundaries of scientific knowledge sources acts as an important way for latecomer economies to absorb heterogeneous and complementary scientific knowledge and enhance their innovation capabilities. Third, China faces difficulties in gaining technological advantages in sectors characterized with high diversity of scientific knowledge. Organizations with different knowledge endowments present significant differences in innovation motives and patterns. Chinese inventors have weaker abilities to master complex scientific knowledge and rely more on knowledge in narrow domains in the process of scientific knowledge transfer. They have not been able to effectively utilize the achievements of multiple scientific knowledge fields to generate high-quality innovation. Technology innovators need to have a certain depth and breadth of knowledge to combine the scientific knowledge required for technological innovation and carry out subsequent integrated innovation.Finally, it is difficult for China to gain technological advantages in sectors where contribution of corporate science is high. Private basic research plays an important role in innovation in such sectors. It is hard for firms to transform scientific knowledge into technological innovation without enough efforts in understanding and absorbing cutting-edge science. The domestic scientific knowledge cited by Chinese patents are mainly produced by public institutions. In contrast, developed economies have a higher proportion basic research investment in private sectors, resulting in outstanding technological innovation, especially in science-intensive fields. These research findings will contribute to understanding the impacts of scientific knowledge to innovation, as well as characteristics of scientific knowledge of advantageous technological fields in China, thus providing policy implications for technological catch-up. This will deepen the theories of technological regime and enrich empirical evidences on the relationship between science and technology.  Related Articles | Metrics

Select

"Specialized, refined, characteristic and innovative" qualification accreditation policies and technological innovation of small and medium-sized enterprises Chen Jinyong, Wang Xiaochi, Chang Haodong, Tian Jie 2024, 45(3): 20-30.  DOI: 10.19571/j.cnki.1000-2995.2024.03.003 Abstract ( 491 )       The innovation of small and medium-sized enterprises (SMEs) drives the national high-quality and self-reliance development and it is the basis for consolidating common prosperity. In addition, enterprise innovation has the characteristics of positive externality. Therefore, the State has issued the "specialized, refined, characteristic and innovative" qualification accreditation policy, the soul of which is to empower enterprise technological innovation. This paper explored the mechanism and impact of the policy on the technological innovation of SMEs, and based on the data of A-share listed companies in Shenzhen and Shanghai from 2015 to 2021, it constructed a time-varying DID model for empirical analysis. The research found that: (1) in general, the qualification accreditation policy of "specialized, refined, characteristic and innovative" enterprises can significantly improve the technological innovation level (R&D investment and innovation output) of SMEs, but the incentive effect is not strong; (2) the mechanism test showed that the policy can promote the technological innovation of SMEs through the "resource bias" effect, and there are heterogeneous effects of "qualification upgrading" and "regional difference"; (3) Compared with provincial and municipal qualification accreditation policies, the national "specialized, refined, characteristic and innovative" qualification accreditation policy has a stronger incentive effect on the technological innovation of SMEs, which verifies the scientific nature of policy gradient cultivation. However, it also reflected that there may be problems such as lax qualification examination and insufficient motivation for continuous innovation in provincial and municipal qualification accreditation. (4) Compared with less developed regions, the absorption effect of policies in regions rich in economic and political resources is weaker, so policies should be adapted to local conditions to avoid the risk of regional policy saturation. This paper has not only expanded the relevant research on the impact of "specialized, refined, characteristic and innovative" qualification accreditation policy on enterprise innovation, but also provided some experiences for optimizing the policy to continuously promote the high-quality development of SMEs. References | Related Articles | Metrics

Select

An analysis of the needs for building the key core technology breakthrough capabilities Sun Qin, Liu Jiejiao, Hu Beibei 2024, 45(3): 31-41.  DOI: 10.19571/j.cnki.1000-2995.2024.03.004 Abstract ( 278 )   Under the background of the new round of industrial transformation to the in-depth evolution, the construction of key core technology breakthrough capabilities is of great significance for improving China′s scientific and technological research system and achieving independent and controllable industrial development. This paper drew inspiration from the CBP concept in the military field to construct a "three-capabilities" model with the core dimensions of collaborative integration and agglomeration capabilities, innovation investment and transformation capabilities, and innovation resource support capabilities. It explored the construction needs of key core technology breakthrough capabilities and the interaction mechanism between the "three-capabilities". On this basis, a capacity building evaluation index system for key core technology breakthroughs was established, and the entropy weight - grey correlation projection matrix model was used to calculate the capacity demand construction status of key core technology breakthroughs in China′s IC industry from 2009 to 2020. The feasibility and effectiveness of the index system were empirically tested and the results indicated that the level of capability demand construction for breakthroughs in key core technologies in China′s IC industry is fluctuating and increasing, and the innovation investment and transformation capacity are showing an upward trend in 2019 and 2020. However, it is still necessary to strengthen the capability to collaborate, integrate, gather, and ensure innovation resources. This paper will provide practical inspiration for the capacity building needs of key core technology breakthroughs. References | Related Articles | Metrics

Select

An analysis of the influencing factors and complex configurations for the technological innovation of Chinese firms Wang Rui, Qi Liangqun, Wang Lijing 2024, 45(3): 42-52.  DOI: 10.19571/j.cnki.1000-2995.2024.03.005 Abstract ( 288 )       The factors affecting the technological innovation of enterprises are numerous and their effects are complex, thus making it difficult for existing economic importance measures to fully capture the significance of each factor. Utilizing the fsQCA method, we conducted a complex configuration analysis on 1457 A-share listed companies in China, and investigated the synergistic mechanisms among innovation elements and the importance ranking from a configuration perspective.The research found that: first, a high-tech innovation environment in a region is crucial for corporate technological innovation, necessitating particular emphasis on local financial development and property rights protection; second, in regions with low technological innovation environments, corporate technological innovation demands more from the internal environment; and a company′s investment in innovation and sufficient cash flow form the foundation of its technological innovation. Large-scale enterprises have an advantage in the quantity of technological innovations, while capital utilization efficiency guarantees the quality of these innovations; and third, single conditions are insufficient to support high technological innovation in companies; and various innovation-influencing factors exhibit differing degrees of importance through configurations. The conclusions of this study underscored the pivotal roles of innovation investment and economic growth in the configuration of high-tech corporate innovation. The proposed complex QCA analysis method will contribute to the understanding of the configuration importance and mechanisms of factors influencing corporate technological innovation, as well as similar complex configuration issues in research. References | Related Articles | Metrics

Select

Impact of pretax additional deduction policy for R&D expenditure on high quality innovation of SMEs Tian Hongyun, Li Yongyou, Li Zhongzheng 2024, 45(3): 53-63.  DOI: 10.19571/j.cnki.1000-2995.2024.03.006 Abstract ( 239 )       The existing literature on the impact of the pretax additional deduction policy for R&D expenditure on enterprise innovation performance has often overlooked the SMEs, and the impact of internal factors has been ignored. Based on the data from A-share listed companies, this study focused on SMEs as the research object, divided innovation performance into two dimensions: quantity and quality, and constructed a conceptual model of the relationship between the pretax additional deduction policy for R&D expenditure and innovation performance which is moderated by entrepreneurial orientation. Then the threshold regression method was used to test the incentive effects of the pretax additional deduction policy for R&D expenditure on enterprise innovation performance during the different intervals of entrepreneurial orientation. The empirical results indicated that: first, the benefits intensity of the pretax additional deduction policy for R&D expenditure has a significant positive effect on the SMEs′ innovation quantity and quality. Second, entrepreneurial orientation significantly moderates the incentive effect of the pretax additional deduction policy for R&D expenditure on SMEs′ innovation quality. Notably, there exist threshold effects in this moderation of the entrepreneurial orientation. When the value of entrepreneurial orientation lies in the lower range, the increase of the benefits intensity of the pretax additional deduction policy for R&D expenditure will lead to a decrease in innovation quality. However, when the value of entrepreneurial orientation lies in the higher range, the incentive effect of pretax additional deduction policy for R&D expenditure on enterprise innovation quality is optimal. Third, there exists an industrial discrepancy in the moderating effect of entrepreneurial orientation. Based on the above research conclusions, this paper proposed to increase the proportion of the pretax additional deduction for R&D expenditure in conjunction with the policies of encouraging entrepreneurial orientation, establish a screening mechanism for the entrepreneurial orientation of SMEs and formulate differentiated preferential policies according to different entrepreneurial orientation levels and different industries. This paper explored the practical effect of the pretax additional deduction policy for R&D expenditure from a new perspective of internal factors, and revealed the underlying reasons for opportunistic behavior of enterprises during the policy implementation process. The research results will provide insights and references for improving the effectiveness and precision of the pretax additional deduction policy for R&D expenditure. References | Related Articles | Metrics

Select

Research on the influence of Chinese government innovation subsidies on dual innovation performance Rong Kuizhen, Lu Qibin 2024, 45(3): 64-73.  DOI: 10.19571/j.cnki.1000-2995.2024.03.007 Abstract ( 157 )       The equipment manufacturing industry is an important strategic industry related to national security and economic development. It is of great theoretical and practical value to explore how the government can better help equipment manufacturing enterprises to achieve technological innovation breakthroughs. This paper took the listed companies of Shanghai and Shenzhen A-share equipment manufacturing industry in China as samples and empirical tested the influence mechanism and action mechanism of government innovation subsidy on the dual innovation performance of equipment manufacturing industry from 2010 to 2020, based on the externality theory and dual theory. The findings are as follows: (1) Government innovation subsidies significantly enhance the dual innovation performance of equipment manufacturing enterprises; (2) Government innovation subsidies have a significant positive effect on the independent and cooperative innovation of equipment manufacturing enterprises; (3) Both independent innovation and cooperative innovation mode have a positive impact on the dual innovation performance of equipment manufacturing enterprises, but the independent innovation mode has a stronger impact on the dual innovation performance of equipment manufacturing enterprises than the cooperative innovation mode. (4) Independent innovation model and cooperative innovation model play a significant mediating effect in the process of government innovation subsidies in promoting dual innovation performance. In theory, this study is helpful to deeply understand the internal mechanism of government innovation subsidy affecting enterprise innovation behavior. In terms of management practice, it will provide some theoretical reference for Chinese government to formulate innovative development policies for the equipment manufacturing industry. References | Related Articles | Metrics

Select

A study of the impact of social capital on responsible innovation Cao Xia, Lyu Dan, Fu Xiangmei 2024, 45(3): 74-82.  DOI: 10.19571/j.cnki.1000-2995.2024.03.008 Abstract ( 155 )   Social capital is a resource existing in the relationship of social structure, and it is also an important factor to trigger responsible innovation behavior. Based on the resource-based theory and dynamic capability theory, this paper constructed the influence relationship model of "social capital-resource reconstruction-responsible innovation" with adaptive governance as the moderating variable, and explored the influence mechanism of social capital on responsible innovation. Using the structural equation model and fuzzy set qualitative comparative analysis to analyze 469 questionnaires, the author of this paper drew the following conclusions: (1) Social capital can directly and positively affect responsible innovation, and can also indirectly and positively affect responsible innovation through resource reconstruction, and adaptive governance positively regulates the relationship between social capital and responsible innovation. (2) The explanatory power of the realization path of responsible innovation triggered by high structural capital and high relational capital is greater than that of the other two modes. (3) Different dimensions of social capital have different effects on responsible innovation. Higher structural capital and relational capital can promote the implementation of responsible innovation. Lack of cognitive capital is the prerequisite for triggering responsible innovation. The research results revealed the internal mechanism of social capital affecting responsible innovation and will enrich the quantitative research results of responsible innovation.  Related Articles | Metrics

Select

Environmental service mode innovation, green technology innovation and enterprise performance Hu Dongbin, Zhou Pu, Chen Xiaohong 2024, 45(3): 83-93.  DOI: 10.19571/j.cnki.1000-2995.2024.03.009 Abstract ( 183 )       In 2021, China explicitly proposed an ambitious goal of "carbon dioxide peaking and carbon neutrality", which means that China will strive to reach the peak of carbon dioxide emissions by 2030 and to become carbon neutral by 2060. Energy saving and environmental protection industry, as an important force guaranteeing green development, is bound to play a key role in the process of realizing the goal of "carbon dioxide peaking and carbon neutrality". However, in the actual situation, the innovation vitality of energy saving and environmental protection enterprises is still insufficient, and the end-of-pipe treatment model still occupies a larger market. At the same time, the emerging service modes represented by the total environmental solution mode lack objective evaluation evidence. Under the background of promoting servitization and realizing the goal of "carbon dioxide peaking and carbon neutrality", it is of great importance for China′s green economic development to clarify the relationship between servitization and enterprise value of energy saving and environmental protection enterprises and help enterprises realize environmental service mode innovation. In reality, enterprises may carry out a variety of innovation activities at the same time, but the existing literature mainly focused on the influence of a single innovation activity on enterprise performance. There are scarce studies focusing on the combined effect of two key innovation activities on enterprise performance. Different from other industries, environmental protection products and services have distinct public product attributes and positive externalities. The service mode and green technology of energy-saving and environmental protection enterprises greatly affect the regional ecological environment quality. However, it has been proved that China′s energy saving and environmental protection enterprises generally face serious resource constraints. Thus, under the condition of limited resources, how should we balance the development of these two important innovation activities? What impact will the simultaneous deployment of environmental service mode innovation and green technology innovation have on corporate performance? These questions have not yet been satisfactorily answered by the existing literature.Based on the demand-based view and the complementarity perspective, with the 237-energy saving and environmental protection listed enterprises from 2010 to 2019 taken as samples, this paper empirically examined the economic effects of environmental service mode innovation, and analyzed the joint effects of environmental service mode innovation and green technology innovation on corporate performance. The main findings of this paper are as follows: first, the product-oriented mode and the customer-oriented mode can significantly improve performance, and the latter can create more marginal benefits for enterprises. The total solution mode has a significant negative effect on the performance. Second, enterprise ownership will affect the relationship between service mode innovation and performance. State-owned enterprises are more sensitive to the modes with a lower level of servitization, while non-state-owned enterprises are more sensitive to the modes with a higher level of servitization. Third, the interplay between the product-oriented mode and green technology innovation can result in complementary benefits to improve performance. The joint effect between the total solution mode and green technology innovation incurs high costs to damage firm′s benefits. The conclusions of this paper are helpful for energy saving and environmental protection enterprises to understand the effects of various environmental service modes, to clarify the risks and benefits between service mode innovation and green technological innovation, and it can also help such enterprises implement business strategies based on their own situation. Related Articles | Metrics

Select

Impact of the value orientation of scientific research projects on the willingness of public participation Wang Wei, Liu Haiwang, Wang Hongwei, Guo Lihuan 2024, 45(3): 94-104.  DOI: 10.19571/j.cnki.1000-2995.2024.03.010 Abstract ( 146 )       The reasonable value orientation of scientific research projects is valuable for promoting public participation, strengthening scientific output, enhancing civic literacy, and improving research investment performance. The text descriptions of research value of citizen science projects were classified into problem-oriented, cognition-oriented and goal-oriented ones based on the grounded theory. A text mining method was used to classify value orientation of the research value description texts of citizen science projects based on the expanded keyword list. Using 1,456 citizen science projects from the Experiment platform as the research corpus, two econometric models with financing amount and number of participants as dependent variables were constructed to explore the impact of value orientation on public willingness to participate, and to compare the effects of initiator′s identities, disciplinary categories and financing goals on value orientation. The findings showed that about 46% of public science projects are goal-oriented while about 30% are cognition-oriented and the rest are problem-oriented. The willingness of the public to participate in projects using the cognition-oriented is significantly higher than the other two types of value orientation, indicating that citizen science should be committed to popularizing public scientific knowledge. Meanwhile, this paper found that university professors tend to favor the problem-oriented; graduate students use the goal-oriented more; and amateur researchers are accustomed to using the cognition-oriented. Among these three types of social roles, there is consistency in the impact of value orientation: the cognition-oriented has the greatest impact and is significantly better than the other two types of value orientation. An analysis of the differences between projects in the natural science and projects in the humanities and social science found that the advantage of the cognition-oriented comes mainly from projects in the natural science. Robustness test of the financing goals found that the financing goal has a positive moderating effect on all three types of value orientation, but the cognition-oriented is least affected by the financing goals while the problem-oriented is most affected by the financing goals. The paper will enrich the understanding of the value orientation of scientific research projects by exploring the impact of value orientation on the willingness of participation, bridge the gap of value orientation in persuasive theoretical researches, and provide practical inspiration for initiators of citizen science projects to write attractive project descriptions, managers to improve the performance of their platforms, and science popularization institutions to enhance civic literacy.  Related Articles | Metrics

Select

The effect of corporate strategic changes on organizational resilience and its boundary Zhou Wei, Hailunbeier Li, Zong Jiani 2024, 45(3): 105-112.  DOI: 10.19571/j.cnki.1000-2995.2024.03.011 Abstract ( 256 )       Strategic change and organizational resilience are crucial in adapting to environmental changes and resisting external shocks for firms, but little research digs out the relationship between them. Based on the empirical data of A-share listed companies in Shanghai and Shenzhen from 2007 to 2020, this paper used a panel regression model to explore the impact of corporate strategic change on organizational resilience, and analyzed the external business environment and internal operating conditions′ effects on their relation. The results showed that the strategic changes significantly reduce organizational resilience, and they are manifested as an increase in the degree of loss and an extension of recovery time when the firm is exposed to external shocks. As the uncertainty of the business environment increases, the negative impact of strategic changes on organizational resilience will be exacerbated. Whereas, when business performance is good, strategic changes will not hurt organizational resilience. Only when business performance is poor will strategic changes exacerbate the degree of loss and extend the recovery time. This paper not only expanded the research literature on the consequences of strategic change and the antecedents of organizational resilience but also will provide a reference for firms to implement strategic change. References | Related Articles | Metrics

Select

Research on agglomeration of high-tech industries on the staged innovation performance of regions Xu Dan, Yu Bo 2024, 45(3): 113-121.  DOI: 10.19571/j.cnki.1000-2995.2024.03.012 Abstract ( 193 )       High-tech industry agglomeration is the key support for the regions to break through the development bottleneck and establish the growth track of innovation, as well as the inner dynamics to empower regional innovation. Based on the perspective of innovation value chain, this paper took 30 provincial-level regions in China as the research samples, and applied the fuzzy set qualitative comparative analysis (fsQCA) method to test. We focused on exploring the multiple paths of specialized agglomeration and diversity agglomeration of high-tech industries to improve the performance of knowledge production, technology development and innovation commercialization under the coordination of regional innovation foundation and innovation environment. Furthermore, we deeply discussed the difference and location heterogeneity of these paths. The results found that: (1) The paths driving the improvement of knowledge production performance and technology development performance include the high-tech industry diversity agglomeration-led type, the factor-pulling and environment-supported type and the comprehensively-driven type. (2) The improvement path of regional innovation commercialization performance can be identified as the high-tech industry specialization agglomeration-led type, the specialized agglomeration-innovation founded and environment-supported type, the factor-pulling and environment-supported type and the government-guided and R&D personnel compensated type. (3) Differences in three stages of regional innovation paths lie in the different types of high-tech industry agglomeration and the core role of R&D personnel. (4) The paths of innovation performance improvement at three stages in the eastern areas and the central and western regions showed different characteristics, which are reflected in the differentiated incentive effects of the dominant elements. The findings will help to open the black box of the influence mechanism of high-tech industry agglomeration on the regional innovation process, and provide practical insights for regions to seek for suitable innovation paths. Related Articles | Metrics

Select

Research on the impact of geographical proximity on the transformation efficiency of scientific and technological achievements in universities Liang Shuang 2024, 45(3): 122-132.  DOI: 10.19571/j.cnki.1000-2995.2024.03.013 Abstract ( 144 )       Transformation of scientific and technological achievements is a crucial undertaking for universities to contribute to China′s economic and social high-quality development. How to enhance the transformation efficiency stands as an urgent need to study. Within the research framework of proximity and innovation, this paper made an estimation of the efficiency of knowledge production and industrial transformation, which are two stages of university′s transformation of scientific and technological achievements. To this end, the bootstrap DEA model was employed, using the data of universities and cities within urban agglomerations of the Beijing-Tianjin-Hebei, the Yangtze River Delta, and the Pearl River Delta from 2006 to 2017. Subsequently, the sample selection model was used to analyze the influence of geographical proximity of both the intra- and inter-urban agglomerations on universities′ efficiency, with regards to two stages of scientific and technological achievements transformation.The results of this study are as follows. Both knowledge production and industrial transformation in universities are inefficient within the three urban agglomerations. The universities perform better at the stage of knowledge production but face more challenges when they come to the stage of industrial transformation. After considering the evolution of the Internet, the spatial connection of intra-urban agglomeration has a significant positive effect on the transformation efficiency of scientific and technological achievements at both stages, which means geographical proximity cannot be wholly replaced with Internet connection. In addition to other factors, the number of associate professors and professors, as well as the universities with the prestigious title of "first-class universities and disciplines of the world", improve knowledge production efficiency significantly. However, they are not conducive to industrial transformation. At the stage of knowledge production, the funds allocated by enterprises and institutions promote universities′ efficiency significantly, whereas government grants produce the opposite effect. Nonetheless, at the stage of industrial transformation, both types of funding have a positive impact on universities′ efficiency. The findings will bear significant practical implications for advancing the seamless integration of urban agglomerations, fostering innovative environments, directing diverse investment and focusing on industry demand at the knowledge production stage, as well as developing holistic policy and interdisciplinary collaboration during the stage of industrial transformation. Related Articles | Metrics

Select

The synergistic development of digital economy and technology service industry and their synergistic effects on regional economy He Zhengchu, Cai Xiangjie, Pan Weihua 2024, 45(3): 133-142.  DOI: 10.19571/j.cnki.1000-2995.2024.03.014 Abstract ( 185 )       Digital economy provides an important driving force for a new round of industrial transformation and economic growth, and the science and technology service industry is an important emerging industry to optimize the industrial structure and improve economic efficiency. What is the synergistic status and effect of digital economy and the science and technology service industry? To this end, the synergistic development mechanism of the digital economy and the science and technology service industry was analyzed with the Entropy right-Topsis method and the coupling coordination model to study the evolution of the digital economy, the science and technology service industry and their synergy evolution characteristics in 30 provincial-level regions of China, while the two-way fixed effect model and gating effect model were used to empirically test the influence of the synergistic development on the regional economic efficiency in China. The research findings were as follows: from 2012 to 2019, the development index of the digital economy and the science and technology service industry in 30 provincial-level regions showed an obvious rising trend, presented a distinct heterogeneity in space, and the eastern region is higher than that of the central and western regions and the northeast regions; the synergistic level between the digital economy and the science and technology service industry continues to improve. In 2012, the number of 22 provincial-level regions were located in the lose balance and drop behind range, and the number decreased to 10 in 2019, it is characterized by "high and high agglomeration" and "low and low agglomeration" in the geographical distribution of the digital economy and the science and technology service industry. The synergistic development of the digital economy and the science and technology service industry positively affects the regional industrial labor productivity, industrial pure technology efficiency and GDP growth rate, and brings a negative impact on the regional investment efficiency. This paper explored the spatial and temporal evolution characteristics, synergistic mechanism and influence effect of the synergistic development of the digital economy and the science and technology service industry from the perspective of industrial correlation, and it will enrich the relevant innovation theory research, and grasp the situation of regional digital economy, science and technology service industry, the synergistic development of the two, thus optimizing the development planning and policies of the digital economy in various regions and improving the level of scientific and technological services has a positive promoting effect. Related Articles | Metrics

Select

Research on the formation mechanism of intellectual property governance behavior: An explanatory framework based on the planned behavior theory Gu Li, Yang Xinci, He Jinghui 2024, 45(3): 143-150.  DOI: 10.19571/j.cnki.1000-2995.2024.03.015 Abstract ( 120 )       With the project of construction of China into an intellectual property power entering a new stage, the improvement of governance capacity and governance level has become one of the main goals of intellectual property development in the period of the 14th Five-Year Plan, and the formation and continuation of governance behavior has also become a key issue. Therefore, on the basis of theoretical analysis of the connotation and characteristics of intellectual property governance behavior, this paper built a formation mechanism model of intellectual property governance behavior based on the explanatory framework of planned behavior theory, and quantified the intensity and path of influence of various factors on the intellectual property governance behavior. The results show that: (1) Behavioral belief, outcome expectation, normative belief, self-efficacy and controllability have significant positive effects on governance intention, and controllability has direct significant positive effects on governance behavior; (2) Governance willingness plays an intermediary role between cognitive behavioral control and the formation of governance behavior, and the theoretical paths of "self-efficacy → governance willingness → governance behavior" and "controllability → governance willingness → governance behavior" have been verified. The research conclusions have made a more accurate and in-depth explanation of the formation mechanism of intellectual property governance behavior, and provided a reference and basis for policy adjustment and institutional innovation for improvement of governance capacity and governance level. Related Articles | Metrics

Select

Research on the impact of Internet development on technological innovation from the perspective of intellectual property protection Chen Wei, Deng Yao, Li Yushan, Zhang Shuo 2024, 45(3): 151-160.  DOI: 10.19571/j.cnki.1000-2995.2024.03.016 Abstract ( 273 )        Innovation is the first driving force for development and it is also an important strategic support for promoting high-quality development and building a modern economic system. Based on the panel data of 233 prefecture-level cities in China from 2012-2019, we empirically tested the linear and nonlinear effects of Internet development on technological innovation, and constructed a panel threshold model with intellectual property protection as the threshold variable to explore the mechanism of the role of intellectual property protection in Internet development affecting technological innovation. The linear analysis finds that (1) Internet development has a significant linear promotion effect on technological innovation; (2) there is a non-linear relationship from insignificant to significant promotion and decreasing marginal effect of Internet development on technological innovation, and the non-linear relationship is more consistent with the "Zipf′s law" of the Internet; (3) there is a single threshold effect of Internet development on technological innovation with intellectual property protection as the threshold, and after intellectual property protection crosses the threshold, the promotion effect of Internet development on technological innovation shows a gradually increasing trend; and (4) Internet development has a significant promotion effect on technological innovation in the eastern and central regions, but not significantly on western regions; meanwhile, Internet development has the strongest promotion effect on utility model patents and the weakest promotion effect on design patents. The research results clarified the theoretical mechanism and action mechanism of the impact of Internet development and intellectual property protection on technological innovation, and it will provide some theoretical reference and decision support for regional innovation entities to leverage the advantages of Internet technology under reasonable intellectual property protection levels so as to achieve innovation-driven development. References | Related Articles | Metrics

Select

Research on the impact mechanism of intellectual property protection on digital services trade from the perspective of national differences Ou Zhonghui, Jiang Nan, Ma Yiwen 2024, 45(3): 161-170.  DOI: 10.19571/j.cnki.1000-2995.2024.03.017 Abstract ( 205 )       In the era of digital economy, international trade has gradually moved from "overall value chain trade" to "digital trade promotion". Relying on cyberspace carriers, digital trade has become an important pillar of overall economic growth in the digital economy era. The academic research on the relationship between intellectual property protection and digital trade mainly involves topics such as intellectual property rules for digital trade, restrictive measures for digital trade, and so on. This paper took 45 major participating countries of digital trade as the research objects, considering the digital services trade as an important representative and core component of digital trade. This study used the data of bilateral trade in digital services, intellectual property protection level, independent innovation, national economy and governance capacity from 2008 to 2019 as samples to construct an improved trade gravity model and conduct empirical test and extended analysis. The results showed that the level of intellectual property protection in importing and exporting countries has a significant promoting effect on digital service trade. The differences in the level of intellectual property protection between importing and exporting countries has an inhibitory effect on digital services trade. The innovation level of exporting countries plays a mediating role in the mechanism of intellectual property protection affecting trade in digital services. Further examining the country differences in the impact of intellectual property protection on the digital services trade mechanism, the analysis finds that the relative difference in governance capabilities between exporting and importing countries will weaken the effect of intellectual property protection on digital services trade, and the impact mechanism is more significant when both import and export countries have signed regional trade agreements (RTA).The theoretical and practical value of this research lies in: (1) It analyzed the supporting role of intellectual property protection on digital services trade from the perspective of technical foundation, key elements, internal structure, external environment, and improving the theoretical mechanism of intellectual property protection affecting digital services trade; (2) The research constructed an improved trade gravity model that introduces institutional variables, explored the relationship between intellectual property protection and digital services trade from aspects such as differences in national governance, whether trade agreements are signed, the level of national economic development, and provided new ideas for the research on the differentiation of intellectual property protection and digital services trade; (3) Through national innovation mediator variable, the research objectively reflected the rules of transmission about intellectual property protection affecting digital services trade; (4) The paper will provide empirical and policy support for using intellectual property protection to stimulate innovation in digital services trade, achieve self-reliance in high-level digital technology, and optimize the structure of digital services trade. The conclusion of this paper will propose some policy recommendations such as using intellectual property protection to stimulate digital services trade innovation, advocating international cooperation & co-governance of digital services trade, and promoting the signing of regional trade agreements. Related Articles | Metrics

Select

A study of the impact of institutional investor clique on annual report tone manipulation Huang Xiaoyong, Cheng Zhonghou, Ling Zhiming, Chen Jing 2024, 45(3): 171-182.  DOI: 10.19571/j.cnki.1000-2995.2024.03.018 Abstract ( 141 )       Rationalized clique behavior of institutional investors and standardized annual report disclosure of enterprises are the key factors affecting the overall stability of the capital market, which have far-reaching impacts on the high-quality development of the capital market. Based on the sample data of the A-share listed companies in Shenzhen and Shanghai from 2013 to 2020, this paper empirically examined the mechanism and effects of institutional investor clique on the tone manipulation of listed companies′ annual reports using the fixed-effects model and the two-stage least squares method. It was found that: (1) Institutional investor clique has a significant positive effect on the annual report tone manipulation, indicating that institutional investor clique significantly exacerbates the degree of annual report tone manipulation, and the results of the robustness test still support the conclusion; (2) The test of the impact mechanism showed that when the management pandering motivation is stronger and the institutional investor groups "vote with their feet", institutional investor clique will further exacerbate the degree of annual report tone manipulation; (3) The heterogeneity test showed that for firms with relatively weak regulation, management is more likely to manipulate the tone of annual reports in order to cater to institutional investor clique; (4) The impact effect test showed that, in the case of institutional investor clique, the tone of annual report manipulation significantly raises the risk of stock price collapse, thus impeding the high-quality development of the capital market. The findings of this paper will provide a diversified perspective for analyzing the influence mechanism of tone manipulation in annual reports at the theoretical level, and provide policy insights for regulating institutional investor clique behaviors, enhancing corporate disclosure, and contributing to the high-quality development of the capital market at the practical level. References | Related Articles | Metrics

Select

A study of the influence mechanism of leadership cultural distance on radical innovation performance Yang Gang, Wang Jianquan 2024, 45(3): 183-192.  DOI: 10.19571/j.cnki.1000-2995.2024.03.019 Abstract ( 193 )        Radical innovation is an effective way for firms to achieve technological transcendence and gain competitive advantage. However, established studies have paid little attention to the issue of group relatedness in radical innovation, especially the lack of due exploration on the influence mechanism of cultural distance on radical innovation performance. Therefore, based on transaction cost theory, this paper constructed a moderated mediation model by exploring the influence of leadership cultural distance on radical innovation performance and the transmission mechanism. After analyzing the path regression coefficients to test the hypotheses one by one, the empirical results showed that: (1) Leadership cultural distance can inhibit individual passion for innovation and breakthroughs through knowledge hiding, which in turn reduces radical innovation performance. The positive effects of knowledge and sharing on radical innovation have been generally recognized by the academic community, but the underlying logic of radical innovation has rarely been discussed. Based on this, this study introduces knowledge hiding as a mediating bridge in exploring the interaction between leadership cultural distance and radical innovation performance, and examines the underlying mechanisms by which leadership cultural distance inhibits radical innovation. The findings have important theoretical value for a comprehensive study of radical innovation, and also explain the Chinese story through the local cultural context of Chinese-style management, and guide Chinese-style management practice from the perspective of transaction cost theory.(2) Task interdependence plays a moderated effect in the mechanism of influence of leadership cultural distance on radical innovation performance. Previous studies lacked the examination of group affiliation elements when exploring the influencing factors of radical innovation performance. This study introduces task interdependence into the research framework from the perspective of social interdependence theory and explores the moderating effect of task interdependence on the mechanism of the effect of leadership cultural distance. The findings not only validate the association between task interdependence and leadership cultural distance for the first time, but also theoretically clarify the research boundary of the effect of leadership cultural distance on radical innovation performance through positive dependence.Then, this paper has made the following practical revelations: (1) Reducing cultural distance is essential as a management initiative to promote radical innovation, combining a focus on group connectedness with the implementation of innovation strategies in Chinese business management. Therefore, managers need to be wary of a "circle culture" of particularistic and selfish treatment that undermines radical innovation through a pattern of disparate order. Moreover, managers need to be aware that formal or informal networks can greatly enhance interpersonal communication with members and increase the degree of closeness and cooperation among employees, thus weakening the negative effects of the inherent disorderly pattern on individual innovation.(2) The interdependence of tasks helps employees to be intrinsically motivated to work on innovation and thus improve their radical innovation performance. Particularly for the differential leader-member relationship, when faced with high cost, high risk and high uncertainty in the innovation breakthrough process, employees generally tend to protect themselves or hide their knowledge rather than value team performance. For this reason, in Chinese management practice, companies should place special emphasis on cooperative work goals to facilitate inter-group cohesion. At the same time, managers can develop fair and appropriate reward systems to enhance the interdependence of inter-group goals, which in turn is more conducive to radical innovation performance. References | Related Articles | Metrics