Archive

20 August 2024, Volume 45 Issue 8 Previous Issue    Next Issue

---

For Selected:

Download Citations EndNote Ris BibTeX

Toggle Thumbnails

Select

Research on the configuration path for the development of new quality productivity driven by digital innovation ecosystem Li Lyucheng, Zeng Yuanjie, Peng Huatao 2024, 45(8): 1-10.  DOI: 10.19571/j.cnki.1000-2995.2024.08.001 Abstract ( 586 )   The optimal allocation of digital innovation ecosystems is of great significance for the development of new quality productive forces. Based on the theory of digital innovation systems, this paper used the QCA, NCA and DEA methods to explore the configuration paths through which digital innovation ecosystems drive the development of new quality productive forces, focusing on the 30 provincial-level regions in China. The study found that: First, no single antecedent condition within the digital innovation ecosystem can be regarded as the necessary condition to promote the development of new quality productive forces; instead, it needs to be driven synergistically through a co-development combination. Second, four configurations that promote the development of new quality productive forces are identified: the "data-driven foundational frontier innovation" model, the "data-driven enterprise-user co-creation" model, the "digital policy-driven user open innovation" model, and the "data and digital policy jointly driven diversified collaborative innovation" model, all exhibiting asymmetrical characteristics that "all roads lead to Rome". Third, weak enterprise application innovation capability is a significant factor limiting the development of new quality productive forces. This research helps reveal the "black box" mechanism of new quality productive forces formation within digital innovation ecosystems, thus providing theoretical and practical insights for promoting the development of new quality productive forces in China according to local conditions. Related Articles | Metrics

Select

Research on the dynamic evolution and driving mechanism of digital innovation capability of enterprises Luo Junmei, Xu Cuifeng, Jiang Zhonghui 2024, 45(8): 11-21.  DOI: 10.19571/j.cnki.1000-2995.2024.08.002 Abstract ( 271 )       The digital innovation capability serves as a pivotal source for firms to acquire and uphold sustainable competitive advantages in the era of digital economy. However, its evolutionary logic and formation mechanism have not yet been fully explored. Hence, drawing upon the theory of innovation ecosystem, this paper investigated the dynamic evolutionary process and driving mechanism of core firms′ digital innovation capability. The findings are as follows: first, within the firm innovation ecosystem, the digital innovation capability of core firms can be divided into collaborative digital innovation capability and unique digital innovation capability, and its development process has undergone three stages: cultivation, formation and promotion. Second, the collaboration mechanism among multiple entities is an essential prerequisite for the development of core firms′ digital innovation capabilities, which can be divided into distributed collaboration and integrated collaboration, each driving the development of different types of digital innovation capabilities. Third, knowledge coupling is the driving force for the development of core firms′ digital innovation capability, which reflects the internal mechanism of multi-subject collaboration on the formation of firms′ digital innovation capability. Loose knowledge coupling builds a bridge between distributed collaboration and collaborative digital innovation capabilities, while tight knowledge coupling builds a bridge between integrated collaboration and unique digital innovation capabilities. The research conclusion analyzes the formation mechanism of firm digital innovation capability from the new perspective of multi-agent collaboration, which not only enriches the theoretical literature of firm digital innovation capability, but also provides practical reference for firms to effectively develop digital innovation capability. Related Articles | Metrics

Select

Research on the process mechanism of creating new quality productivity in traditional industries driven by data-dominant logic Gao Xin, Cheng Lu, Kang Yuhang 2024, 45(8): 22-31.  DOI: 10.19571/j.cnki.1000-2995.2024.08.003 Abstract ( 228 )       In the context of high-quality development, many traditional industries urgently need to create new quality productivity through integration of digital and real economy to promote the upgrading of quality and efficiency. However, current research mostly focuses on the theoretical deductions at the macro level, with little emphasis on revealing how companies can overcome the gap from traditional productivity to new quality productivity in the context of new technologies. To address this, this study conducted an embedded single-case study centered around the Duckbill Technology Platform, exploring its micro mechanisms in disrupting traditional containerized land transportation models simultaneously on the supply and demand sides to build new quality productivity. The study found that: (1) in the supply and demand sides of traditional industries, the process model of “digital technology adoption - data dominant logic - traditional productivity renewal” was established through collaborative efforts to overturn old growth patterns. (2) To address the development bottlenecks of traditional industries’ supply and demand sides, adopting digital technology under the dual dimensions of general digital technology embedding and exclusive digital technology research and development, served as a stimulating factor and trigger for promoting the transition from traditional to  new quality productivity. (3) Data-driven process reengineering and functional realignment together constituted a data dominant logic, which acted as an enabler for enterprises to form an organic linkage between data flow and business flow from a strategic cognition level.The research findings will provide reference for the construction of new quality productivity in traditional industries by promoting mutual promotion of "supply-demand" sides to break through traditional growth bottlenecks and development maladies. Related Articles | Metrics

Select

Research on the impact of digital economy on the innovation value chain of intermediate products Lai Junming, He Linghui, Wang Wenqing 2024, 45(8): 32-40.  DOI: 10.19571/j.cnki.1000-2995.2024.08.004 Abstract ( 187 )      The key to the current economic circulation lies in the degree of interconnection between industries in the supply system and the level of innovation capability. As an important link in the internal circulation system, intermediate products play an important role in reducing the output loss of real enterprises and promoting the growth of real economy. This paper explored the relationship between digital economy and intermediate product innovation at a theoretical level. In terms of statistical analysis, this paper used the multiplier effect theory to establish a measurement model to investigate the direct and indirect impact of digital economy on China′s intermediate product innovation. The results showed that: (1) Digital economy plays a positive role in promoting the intermediate product innovation; (2) China′s intermediate product innovation depends heavily on the training of high-quality labor force; (3) Although the introduction of foreign technology can promote China′s intermediate product innovation to  a certain extent, its effect is not significant; (4) Regional economic strength and input ratio have a significant influence on the intermediate product innovation; (5) The production of final products is conducive to promoting the innovation process of intermediate products. These findings will have important policy implications, suggesting that we should increase support for the digital industry, improve the supply of high-quality labor education, strengthen the intensity of investment in domestic intermediate product research and development, reduce excessive dependence on foreign technology, and deepen the application of digital technology in enterprises to release fully the large-scale effect of the domestic consumer market, and complete ultimately China′s industrial upgrading. Related Articles | Metrics

Select

Research on the impact of industrial robot application on enterprise markups Xiao Ting, Ye Hao 2024, 45(8): 41-50.  DOI: 10.19571/j.cnki.1000-2995.2024.08.005 Abstract ( 314 )       The reflection of the manufacturing industry′s state of "large-scale yet lacking strength" at the enterprise level is evident in the low levels of product value-added and profit margins. Accelerating the cultivation of new quality productivity is an indispensable path for the highend and intelligent transformation of manufacturing enterprises. By combining the data on industrial robots from the International Federation of Robotics (IFR) for the years 2011 to 2019 and the data from publicly listed manufacturing companies, the application of industrial robots, representing the new generation of artificial intelligence technology, was used to characterize the outcomes of cultivating new quality productivity. The research found that the boosting effect of robot applications on firm markup rates is more pronounced in coastal regions, and that capital-intensive and knowledge- and technology-intensive industries benefit more from the application of industrial robots. The mechanism testing revealed that the intermediate mechanisms through which industrial robot applications promote market forces for enterprises are the "technological progress effect" and "cost effect". The study also discovered different technological diffusion effects of robot applications within and between industries. At the micro-level of building enterprise market competitive advantages, this research unveiled the effectiveness of cultivating new quality productivity, thus providing an effective theoretical basis for constructing a modern industrial system. Related Articles | Metrics

Select

A study of the influence of industrial symbiotic agglomeration on green technology innovation Liu Jun, Qian Yu 2024, 45(8): 51-61.  DOI: 10.19571/j.cnki.1000-2995.2024.08.006 Abstract ( 155 )      Green technology innovation serves as the core driving force in synergistically advancing green development and the innovation-driven strategy. As a new form of circular industrial organization, there are few studies on how industrial symbiotic agglomeration affects green technology innovation. In this paper, the influence mechanism of industrial symbiotic agglomeration on green technology innovation was revealed for the first time, and its effect was tested based on the staggered DID method. The results showed that industrial symbiotic agglomeration significantly promotes green technology innovation. The mechanism test revealed that industrial symbiotic agglomeration mainly promotes green technology innovation by promoting green knowledge spillover and gathering innovation elements, and the role of environmental regulation has not yet emerged. Additionally, industrial symbiotic agglomeration also promotes green technology innovation in neighboring cities, and its spillover effect is significant within 200 km. The green technology innovation effect of symbiotic agglomeration can be significantly exerted only when the scale of symbiotic agglomeration reaches 187.17 km2, and the effect amplifies with an increasing number of parks. In the areas where the government pays more attention to environmental protection, the green innovation effect of industrial symbiotic agglomeration is more pronounced. Furthermore, industrial symbiotic agglomeration has a significant effect on enhancing the quality and increasing the quantity of green technology innovation. Therefore, the government should strengthen policy support and guidance, and further gather green innovation elements. Furthermore, green technology standards and green factory certification system should be established to promote green technology innovation and improve quality. Government′s attention should be paid more to environmental protection to exert further the forced role of environmental regulation on green technology innovation. This study will be helpful to provide some theoretical supports and practical references for implementing new development concepts, promoting industrial green development and improving national green innovation capability. Related Articles | Metrics

Select

Impacts and action mechanism of government subsidies and venture capital on enterprise basic research Zhu Xiangyu, Guan Bingyu 2024, 45(8): 62-72.  DOI: 10.19571/j.cnki.1000-2995.2024.08.007 Abstract ( 152 )      Strengthening basic research is an urgent requirement for achieving scientific and technological self-reliance and advancement at higher levels. It is the critical method to accelerate China′s transformation into a world-class power in science and technology. The paper analyzed the data from high-tech manufacturing enterprises listed on the Chinese A-share market from 2012 to 2020 and used the multidimensional panel fixed-effect model, a chain mediation model, and other methods to explore the influence and mechanisms of government subsidies and venture capital on the enterprise basic research. The results obtained are as follows: first, receiving government subsidies and venture capital can encourage enterprises to conduct basic research activities; second, venture capital and financing constraints play a chain intermediary role in the impact of government subsidies on the influence of enterprise basic research; third, the high financial leverage of firms hinders the promotion of government subsidies and venture capital on enterprise basic research; and fourth, there is an "inverted U-shaped" relationship between the shareholding ratio of venture capital and enterprise basic research. State-owned venture capital hinders enterprises from conducting basic research. Additionally, government subsidies and venture capital are much more effective in promoting basic research in enterprises that are state-owned, large-scale, having separated posts of CEO and chairman, and operate in highly competitive market environments. This paper will provide reference and inspiration for strengthening enterprises′ basic research and related policy formulation. The study will also provide references and insights for guiding enterprises to increase their investment in basic research and to form a continuous and stable investment mechanism, as well as for the formulation of related policies. References | Related Articles | Metrics

Select

Research on the path of enterprise standard innovation networks to make breakthroughs in technology lock-in Gao Xianxin, Wang Liying 2024, 45(8): 73-82.  DOI: 10.19571/j.cnki.1000-2995.2024.08.008 Abstract ( 153 )     The innovative development of the industrial Internet industry faces many challenges in integrating standard innovation and lock-in in key technologies. This paper selected Haier Industrial Internet as the research object and used a vertical single case study method to explore the breakthrough path of technology lock-in in industrial Internet enterprises from the perspective of standard innovation. The research found that the breakthroughs of technology lock-in in industrial internet enterprises is a process of continuously innovating standards to cope with changes in the internal and external environment of the organization. Firstly, based on the dynamic interaction of resource dependence and network embedding levels, the construction of a standard innovation network is achieved, followed by the path logic of "construction of a standard innovation network-improvement of standardization capabilities-breakthroughs in technology lock-in". Specifically, Haier has gone through three stages, in which a learning oriented standard innovation network, an exploratory oriented standard innovation network, and a leading oriented standard innovation network were constructed, which successively formed standard tracking ability, standard participation ability, and standard leadership ability, by means of which breakthroughs were made in low-end technology imitation, key technology reverse engineering, and independent research and development of core technologies. The evolution mechanisms at the transformation stage are the standard participation mechanism and the standard leading mechanism. The research conclusion will provide a new practical path and inspiration for industrial Internet enterprises to make breakthroughs to overcome the dilemma of technology lock-in. References | Related Articles | Metrics

Select

Mechanism study on the co-evolution of latecomer-led innovation consortia driving continuous breakthrough of key core technology Zhang Beibei, Yin Ximing, Chen Tailun, Yu Jiang, Chen Jin 2024, 45(8): 83-94.  DOI: 10.19571/j.cnki.1000-2995.2024.08.009 Abstract ( 208 )       Continuous breakthroughs of industrial key core technologies are the key for promoting innovation to lead the construction of modernized industrial system, promoting new-quality productivity. However, few studies have paid attention to the important theoretical and practical issue of how meso-organizations bridge the macro-ecology and micro-agent to promote the process mechanism of continuous breakthroughs in industrial key core technologies. This study focused on photolithography, a representative key core technology of the IC industry, and took ASML as the research object, by using the case study method to systematically explore: how latecomers can continuously make breakthroughs in industrial key core technologies and go beyond catch-up through co-evolution with innovation consortium. We found that: facing the stepwise goal of lithography technology, based on the process logic of "Motivation (M)-Strategy (S)-Innovation Consortium (C)", ASML and its innovation consortium continue to co-evolve, which drives the continuous breakthrough of lithography technology through the three value co-creative mechanisms. This process consists of the synergy of the main body of "distribution of power", integration of knowledge in "industrial traction", and "core periphery" interest co-generation. During this process, the innovation consortium evolves from the embryonic, upgrading, consolidation stages to the symbiosis stage, while ASML has gradually accomplished the catching-up to the leading position in the lithography market. This research will deepen the theoretical research on the breakthroughs and catch-up in industrial key core technologies from the perspective of industrial innovation ecology, and provide important inspirations for promoting industrial technological innovation system and capability, and accelerating the development of new-quality productivity. Related Articles | Metrics

Select

Research on the impact of green technology convergence on the asymmetric catch-up of latecomer firms:A study based on the perspective of dynamic co-opetition Liu Weiwei, Li Yunze, Bi Kexin 2024, 45(8): 95-105.  DOI: 10.19571/j.cnki.1000-2995.2024.08.010 Abstract ( 185 )      Previous studies on technology catch-up focused on how to implement innovation strategies by taking advantage of latecomer advantages and combining the dynamic competitive relationships between enterprises. From the perspective of enterprise green transformation, this paper extended this catch-up path in two aspects. First, it was proposed that green technology integration can not only "add green" to key technologies to make up for shortcomings, but also form differentiated competitiveness and promote their strengths. Secondly, the integration of green technology in the field of dynamic co-opetition was associated with environmental uncertainty, and the catchup effect of green technology integration was predicted to depend on the degree of market turbulence under environmental uncertainty. This paper took 679 listed companies in China′s heavily polluting industries from 2012 to 2021 as the research objects, calculated the degree of green technology integration from the perspective of co-opetition based on the ecological niche theory, and used regression analysis method to explore the impact of green technology integration on asymmetric catch-up. The empirical results showed that green technology integration in the field of dynamic co-opetition can significantly improve the catch-up performance of latecomer firms in economic and environmental dimensions, market turbulence under environmental uncertainty will strengthen the positive relationship between green technology integration and firm catch-up performance. Specifically, the integration of green technologies from the perspective of co-opetition can make full use of the advantages of latecomers and accelerate the catch-up of asymmetric technologies through cross-field differentiation strategy. References | Related Articles | Metrics

Select

Market integration, local government performance and innovation of high-tech industries Yu Liping, Huang Mengting, Li Wen, Zhang Bo 2024, 45(8): 106-114.  DOI: 10.19571/j.cnki.1000-2995.2024.08.011 Abstract ( 139 )     Market integration can enhance the stable development of the national market, and local government performance can promote the development of regional markets, both of which are the external institutional environment faced by market development, and it is of great significance to study the impact of the two on the innovation of high-tech industries under the same framework. Based on the theoretical analysis of the relationship among market integration, local government performance and high-tech industry innovation, this paper took 30 provincial-level regions in China from 2009 to 2019 as research objects, and systematically studied the relationship between the three based on the simultaneous equation model and the panel threshold model. The results showed that market integration has a good effect on the innovation of high-tech industries. The performance of local governments has a good effect on the innovation of high-tech enterprises; local government performance plays a negative mediating role in the effect of market integration on high-tech industry innovation; the performance of local governments plays a positive moderating effect in the role of market integration on the innovation of high-tech industries; and local government performance plays a positive moderating effect on the effect of market integration on high-tech industry innovation. The research conclusion will have certain practical enlightenments for the construction of a unified national market, which will promote the innovative development of high-tech industries, and better exert the role of local governments in promoting enterprise innovation. Accordingly, it is necessary to continue to deepen the construction pattern of the unified large market, and coordinate and unify rationally the relationship between the construction of a large market and the performance of local governments. For areas with low local government performance, the pace of construction of a unified market can be appropriately slowed down. Related Articles | Metrics

Select

Research on the effects of IPO approval on peer enterprises′ innovation Chen Shilai, Li Qingyuan 2024, 45(8): 115-125.  DOI: 10.19571/j.cnki.1000-2995.2024.08.012 Abstract ( 128 )      The Report of the 20th National Congress of the Communist Party of China proposed to improve the function of the capital market, increase the proportion of direct financing, and accelerate the implementation of innovation-driven development strategy. Innovation is the main driving force for enterprises to obtain competitive advantages and promote high-quality macroeconomic development. The capital market plays a major role in optimizing resource allocation, and the IPO market, as a key part of the capital market, is an important carrier to promote enterprise innovation and implement the innovation-driven development strategy. However, existing literatures, which investigates the relationship between IPO and enterprise innovation, all focus on the perspective of IPO enterprises themselves, either examining how IPO affects enterprise innovation or vice versa, but little literatures examine how IPOs affect the innovation behavior of peer incumbent enterprises from the perspective of spillover effect. Therefore, it is of great practical importance and necessity to investigate the role of the IPO market in promoting enterprise innovation and even implementing the innovation-driven development strategy from multiple perspectives, so as to boost the reform of the capital market.Based on the data of China′s A-share non-financial listed companies from 2005 to 2019, this paper empirically examined the impact of IPO approval on the innovation of peer incumbents and its economic consequences. The results showed that IPO approval will significantly increase the peer enterprises′ innovation input, and the more the number of IPO approval, the more obvious this effect. Further examination showed that, among the two effects brought about by IPO approval, competition effect plays a major role. Through heterogeneity tests, we found that the promotion effect of IPO approval on the innovation of peer enterprises is mainly reflected in the non-state-owned enterprises, when the larger the IPO scale to be raised, the higher the R&D investment before IPO and in the industries with a higher degree of competition. Consequently, IPO approval improves the innovation output quantity and quality of peer enterprises significantly, and mainly for substantial innovation, but not for strategic innovation, and it ultimately improves the marginal contribution of innovation output to enterprise value. This paper has the following marginal contributions. First, it has enriched the relevant literature on IPO spillover effect from the dual perspectives of competition effect and signal effect brought about by IPO approval, and used the empirical evidence of China′s capital market to respond to the view that information and competition are the root causes of peer effect. Second, it has expanded the relevant literature on the spillover effect of IPO approval from the perspective of R&D, which responds to the research on the spillover effect of IPO under the registration system scenario. Third, it has enriched the relevant literature on the influencing factors and economic consequences of enterprise innovation, and responded to the research on the impact of different innovation achievements on enterprise value. This paper may have some important policy implications. In terms of government decision-making: first, capital market plays a unique role in optimizing resource allocation. Thus, it is necessary to further promote the reform of the capital market, stimulate the vitality of market competition, and further improve the efficiency of resource allocation. Second, the capital market can exert spillover effect through competition effect and signal effect. It is necessary to continue to improve the functions of the capital market, encourage and support high-quality firms to go public, and give full play to the positive role of the capital market in implementing the innovation-driven strategy. Third, it is necessary to further break the institutional barriers that restrict product market competition, stimulate the crisis awareness of enterprises through market competition, promote their endogenous growth mode of substantive innovation represented by invention patents, and improve the marginal contribution of innovation in enhancing enterprise value. In terms of enterprise management practice: first, enterprises should enhance the concept of endogenous innovation, dare to innovate input, strive to improve the quality of innovation output, and build core competitive advantages through high-quality innovation. Second, enterprises should be good at keenly capturing the potential competition effect and signal effect information from IPOs of peer enterprises, adjust investment and financing decisions timely. References | Related Articles | Metrics

Select

Heterogeneous environmental regulation, digital investment and SMEs′ green innovation Xu Xiumei, Jing Ruolan, Li Jingsuo 2024, 45(8): 126-134.  DOI: 10.19571/j.cnki.1000-2995.2024.08.013 Abstract ( 128 )      Under the background of green development and digital transformation, this paper explored the relationship between heterogeneous environmental regulation and SMEs′ green innovation and the linkage effect of digital investment, which helped SMEs to build a synergistic mechanism between technological innovation and green development and enabled them to enter into the benign track of high-quality development. Taking SME and GEM board listed companies as samples from 2012 to 2020, we constructed a two-way fixed-effect model to test the relationship between heterogeneous environmental regulation and SMEs′ green innovation and the linkage effect of digital investment. The empirical results showed that: (1) there is a significant U-shaped relationship between command-control, public-participation environmental regulations and SMEs′ green innovation; however, there is a significant inverted U-shaped relationship between market-incentive environmental regulations and SMEs′ green innovation; (2) digital investment not only has a significant promoting effect on SMEs′ green innovation, but also positively moderates the U-shaped relationship between command-control, public-participation environmental regulation and SMEs′ green innovation, and negatively moderates the inverted U-shaped relationship between market-incentive environmental regulation and SMEs′ green innovation; and (3) there are significant regional differences in the relationship among heterogeneous environmental regulation, digital investment and SMEs′ green innovation. The above conclusions will provide useful references for the government to flexibly take environmental regulatory tools, optimize and adjust the environmental regulatory mechanism to promote SMEs′ digital transformation and green development. Related Articles | Metrics

Select

Technological adaptation and institutional reshaping: A study of the differences in regulation of public resource trading platforms Ma Wenjuan, Bo Xiaoying, Wang Conghu 2024, 45(8): 135-144.  DOI: 10.19571/j.cnki.1000-2995.2024.08.014 Abstract ( 86 )      The issue of fragmentation has long been a real obstacle to the smooth progress of regulatory activities in the field of public resource trading platforms. Practice has responded positively to the fragmentation of government regulation through two paths: technological adaptation and institutional reshaping. However, there have been studies that have not provided clear answers to key issues such as the measurement and interpretation of differences in different governance paths, and the interaction mechanism between technological adaptation and institutional reshaping.This study takes holistic governance and attention distribution as theoretical perspectives, and takes the regulatory reform of public resource trading platforms in China as the research object. The constraint analysis method of resistance and willingness is used to explore the applicable scenarios and governance differences of different governance ideas formed in practice.The article finds that the choice of regulatory strategies is not a single type, but rather a combination of multiple strategies that work together; The important reason for the formation of different governance ideas in practice is their choice of attention allocation due to the consideration of reform resistance and willingness when making strategic choices; The selection of regulatory strategies follows the order of governance entities, governance means, and governance rules, which contains a combination of technological adaptation and institutional reshaping.The research conclusion enriches the research on the process and mechanism of regulatory strategy selection, providing theoretical guidance and policy recommendations for improving the regulatory efficiency of public resource trading platforms in China. References | Related Articles | Metrics

Select

Sources of the principal role of enterprises in S&T innovation: An empirical study from the perspective of structural power Ma Yanyan, Fan Jiaying, Liu Jiangnan, Yin Xiaohe 2024, 45(8): 145-153.  DOI: 10.19571/j.cnki.1000-2995.2024.08.015 Abstract ( 100 )      Strengthening the principal role of enterprises in S&T innovation has become an important issue in the field of national innovation system. Existing studies focus on defining the connotation and evaluating the current status of enterprises′ principal role in technology innovation, but lack theoretical research on the strengthening mechanism of their principal role in S&T innovation. On the basis of clarifying the difference between enterprises′ principal role in technology innovation and enterprises′ principal role in science, technology and innovation, this paper explored the strengthening mechanism and boundary conditions of enterprises′ principal role in S&T innovation from the perspective of structural power, and selected 183 listed companies that have won the National S&T Progress Award from 2012 to 2020 as samples for an empirical analysis. The study concluded that: Firstly, strengthening the principal role of enterprises in S&T innovation means that enterprises should not only maintain the principal role in technological innovation, achievement transformation, industrialization and other aspects, but also maintain the principal role in basic and cutting-edge scientific research. Secondly, the principal role of enterprises in S&T innovation depends on their structural power, which comes from the hierarchical authority, resource control and network centrality of enterprises. Every single source of structural power can help to strengthen the principal role of enterprises in S&T innovation, and there is a two-by-two complementary effect between these three sources of structural power. Thirdly, there are boundary conditions for strengthening enterprise′ principal role in S&T innovation. The government′s S&T funding support can strengthen the positive influence of enterprise′ network centrality on their principal role in S&T innovation, but it will partially offset the positive influence of enterprises′ hierarchical authority and resource control on their principal role in S&T innovation. This paper will enrich the research on enterprises′ principal role in S&T innovation, and provide directional guidance for government departments to formulate policies related to strengthening the principal role of enterprises in S&T innovation.  Related Articles | Metrics

Select

Network connection strength, collaborative innovation capabilities and digital transformation of manufacturing enterprises Yi Jiabin, Yu Lantian, Wang Yuting, Yang Xiaoping 2024, 45(8): 154-163.  DOI: 10.19571/j.cnki.1000-2995.2024.08.016 Abstract ( 152 )      Driving digital transformation through open and collaborative network innovation has become an inevitable choice for manufacturing enterprises to adapt to "Industry 4.0" and implement the "Made in China 2025" strategy. Based on the social network theory and dynamic capability theory, this study investigated the interaction between manufacturing enterprise network connection, collaborative innovation capability, and digital transformation, and examined the mediating effect of collaborative innovation capability and the regulatory role of asymmetric dependence. The empirical analysis of 270 questionnaires from manufacturing enterprises showed that the strength of network connection and collaborative innovation capabilities of manufacturing enterprises have a significant positive impact on digital transformation; the strength of network connection has a significant positive impact on the collaborative innovation capability; collaborative innovation capabilities have a mediating effect on the relationship between network connection and digital transformation, with partial mediating effects on horizontal connection and digital transformation, and complete mediating effects on vertical connection and digital transformation; asymmetric dependence has a negative moderating effect on the relationship between network connection strength and collaborative innovation capability, but it does not have a moderating effect on the relationship between network connection strength and digital transformation, as well as the relationship between collaborative innovation capability and digital transformation. This article enriches and expands the research results of digital transformation of manufacturing enterprises based on the perspectives of social networks and collaborative innovation, and provides useful guidance and reference for manufacturing enterprises to promote digital transformation in the context of open innovation in practice. References | Related Articles | Metrics

Select

Research on technological innovation and catch-up from exogeneity to endogeneity:Based on the analysis of the development of waste-to-energy(WTE)  technology in China Deng Yue, Jiang Wanyi, Cao Guoxian 2024, 45(8): 164-171.  DOI: 10.19571/j.cnki.1000-2995.2024.08.017 Abstract ( 104 )      China′s waste-to-energy (WTE) industry started late but developed rapidly. Today, it is not only ahead of the traditional WTE powers in terms of scale of WTE, but also has leapt from unknown to the world leader in technology, becoming a typical case of Chinese-style modernization. Through the analysis of the process of national policy evolution and the transformation of waste disposal from exogenous to endogenous technologies, we revealed the key factors for China′s WTE technology to the catch-up and surpassing stage—the enterprise′s independent learning ability and China′s macro guidance on the technical route. We found in the study that, firstly, the development of waste treatment policies is a necessary condition for forcing enterprises to innovate and promoting the prosperity of the WTE industry. Secondly, China′s WTE technology has gone through a development path from exogenous technology introduction to endogenous independent innovation, successfully achieving comprehensive leadership in the scale and technology of WTE. Thirdly, we proposed a model of “dual core driven endogenous innovation organization model”, under which the combination of “promising government” and “effective market” is the core power to promote endogenous innovation of WTE technology in China. Our results obtained from the study are not only helpful to reveal the technological transformation process of WTE in China, but also beneficial to provide some typical practical experiences for the Chinese-style modernization. References | Related Articles | Metrics

Select

Research on the influence mechanism of industry associations connection on the green innovation of enterprises Wang Haojun, Song Tiebo, Yi Rui 2024, 45(8): 172-181.  DOI: 10.19571/j.cnki.1000-2995.2024.08.018 Abstract ( 127 )       Green innovation creates economic value while reducing resource consumption and environmental costs. It is an increasingly popular practice in management of enterprises to integrate value creation and green initiatives into strategic decision-making. Industry associations play an intermediary role in this practice, but its influence mechanism remains to be further understood. This paper built up a comprehensive research framework based on the organizational attributes of industry associations, as well as institutional logic and stakeholder theory, and examined the contextual mechanisms and transmission paths through which industry associations connection affects green innovation of enterprises. The results showed that: (1) Industry associations connection has a promoting effect on green innovation of enterprises; (2) The moderating effect analysis based on internal and external collaborative governance showed that the independence of the board, analysts′ attention and the quality of external audit strengthen the positive effect of industry associations connection on green innovation of enterprises, thus confirming the legitimacy pressure perception mechanism of stakeholders; (3) The mechanism analysis showed that industry associations connection can promote green innovation by improving ESG performance and absorption capacity of enterprises. And there are systematic differences in this driving effect among different types of industry associations connection. The research results have expanded the antecedents of green innovation and deepened the understanding of the nature and governance functions of China industry associations, and will provide practical enlightenment from the multilateral governance of industry associations, market service agencies and boards to promote prosocial decisionmaking and green innovation of enterprises. Related Articles | Metrics

Select

A study of the impact of coupled and coordinated development of ESG and common prosperity within a firm on the firm innovation Sun Hui, Zhu Shusen, Tang Jing, Zhang Beibei 2024, 45(8): 182-192.  DOI: 10.19571/j.cnki.1000-2995.2024.08.019 Abstract ( 231 )       There is an interactive relationship between ESG and common prosperity within a firm, and the coupled and coordinated development of the two has an important impact on the firm innovation. In this paper, based on the theoretical analysis of the coupled and coordinated development of ESG and common prosperity within a firm to promote the firm innovation, and based on the data of A-share listed firms in Shanghai and Shenzhen from 2011 to 2021, we used the entropy weight method and coupled and coordinated evaluation model to measure and evaluate the coupled and coordinated development of ESG and common prosperity within a firm, and further used the zero-inflated Poisson regression model to investigate the effect and mechanism of the coupled and coordinated development of ESG and common prosperity within a firm on the firm innovation. The results showed that: first, the level of coupled and coordinated development of ESG and common prosperity within a firm in most firms is on the verge of being out of tune, and the spatial distribution pattern changes from "low in the middle and high around" to a low level of "equilibrium" distribution over time. Second, the coupled and coordinated development of ESG and common prosperity within a firm has a driving effect on the firm innovation. Third, the firm reputation and government subsidies play a mediating role between the coupled and coordinated development of ESG and the common prosperity within a firm and the firm innovation. Fourth, digital transformation has a positive moderating effect in the process of the firm innovation driven by the coupled and coordinated development of ESG and the common prosperity within a firm. Fifth, non-SOEs and non-heavily-polluting firms have a more significant effect of the coupled and coordinated development of ESG and common prosperity within a firm on driving the firm innovation. This paper has expanded the research on ESG, common prosperity within a firm and the firm innovation, and will provide a decision-making reference for promoting the firm innovation through the coupled and coordinated development of ESG and common prosperity within a firm. References | Related Articles | Metrics