Abstract
ABSTRACT This study employs a staggered difference-in-differences (DID) approach to explore the impact of the exogenous shock policy of the Social Insurance Collection System Reform (SICSR) on corporate innovation strategies in China. The findings suggest that SICSR has a significant positive effect on corporate breakthrough innovation, while it does not impact incremental innovation. Moreover, the study finds that the impact is more pronounced among non-state-owned enterprises and enterprises with high-labour-intensity. Additionally, a mechanism analysis reveals that SICSR has a stronger promotional effect in regions characterized by high levels of marketization, while this effect diminishes as the level of corruption increases.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
