Enterprise Independent Innovation Research Articles

The impact of government subsidy on photovoltaic enterprises independent innovation based on the evolutionary game theory

Achieving a green, low-carbon economy necessitates clarifying the impacts of government photovoltaic (PV) subsidies on enterprise independent innovation in China. This study constructs a tripartite evolutionary game model among government, enterprises, and energy regulatory service centers (ERSC). It analyzes equilibriums' asymptotic stability and explores mechanisms affecting the system's evolution toward an ideal state. The results indicate that the strategic choices of the government, enterprises, and ERSC interplay with each other. Specifically, the primary influencing factors for enterprise innovation are costs, benefits, and penalties which promote innovation to an extent, while government subsidies have minimal effect. Under ERSC's policy guidance and services, enterprises controlling independent innovation costs given moderate punishment intensity enables system evolution toward sustainable innovation despite subsidy cancellation, achieving enterprises' ultimate carbon reduction goal in China. The originality in this study lies in the analysis of ERSC's influence on equilibrium, which models the impact of policies on enterprises, and ERSC plays an essential role in coordinating the government-enterprise information gap. Chinese government should strengthen regulatory system construction and increase financial support. This model can generate social benefits, reduce costs, and provide policymakers with an analytical framework and insights for policy formulation in China.

Retracted: Government Intervention, Financial Support, and Comprehensive Efficiency of Enterprise Independent Innovation: Empirical Analysis Based on the Data of Chinese Strategic Emerging Industries

Retracted: Government Intervention, Financial Support, and Comprehensive Efficiency of Enterprise Independent Innovation: Empirical Analysis Based on the Data of Chinese Strategic Emerging Industries

VAT Retention and Tax Rebate and Enterprise Innovation

the enterprise is a country's innovation main body, manufacturing enterprise is innovation highland, enterprise independent innovation ability is the key to the implementation of innovation driven development strategy, VAT as the main body of the current tax system in China tax, the influence of the policy changes on the enterprise is huge, VAT tax rebate policy as an important part of a new round of tax reform, will increase the current cash flow, may encourage enterprises to make more innovation. This paper takes the release of the Ministry of Finance and the State Administration of Taxation 2018) No.70 of the Ministry of Taxation in 2018 as the research background to study the impact of the VAT rebate policy on enterprise innovation. Through the summary and comment of the previous literature and combining with the existing exploration results, this paper discusses the possible impact of the implementation of the tax rebate on the innovation of manufacturing enterprises. According to the different characteristics of enterprises, it also puts forward the heterogeneous hypothesis based on the financing constraints, the difference of geographical location and the difference of enterprise property rights. The following several hypotheses are proposed in this paper. H1: Manufacturing enterprises that enjoy the tax rebate policy are more willing to innovate. H2: Compared with the weak financing constraints, the enterprises with strong financing constraints are more willing to innovate after enjoying the tax rebate policy.

The Effect of Government Intervention on Self Innovation of Strategic Emerging Enterprises based on the Role of Financial Intermediary

The implementation of government intervention and financial support can solve the problem of insufficient investment in independent innovation of enterprises, improve the ability of independent innovation of strategic emerging industries, and achieve the goal of high-quality economic development. However, due to the inconsistency between the government's macro-control objectives and the interest objectives of financial institutions, government intervention and financial support are uncoordinated. Under this background, this paper studies the impact of government intervention and financial support on the independent innovation of strategic emerging industry enterprises. The results show that: (1) Government intervention can stimulate enterprises to increase investment in independent innovation. (2) Government intervention and financial support affect the allocation of financial resources in enterprise innovation activities. (3) Long term bank loans inhibit enterprises' independent innovation and development, and reduce enterprises' investment in independent innovation.

Digital Finance, Trade Credit and Enterprise Independent Innovation

Using the data of Shanghai and Shenzhen A-share listed companies from 2012 to 2020, this paper empirically analyzes the impact of digital finance development on enterprise independent innovation and the transmission mechanism of trade credit and government subsidies. The results show that the development of digital finance significantly promotes enterprise independent innovation, and trade credit and government subsidies play a mediating effect in the relationship between digital finance and enterprise independent innovation. And they also play a moderating role in the process of different dimensions of digital finance influencing enterprises’ independent innovation. Finally, the heterogeneity analysis shows that the innovation incentive effect of digital finance is stronger for private enterprises and small and medium-sized enterprises.

Government Intervention, Financial Support, and Comprehensive Efficiency of Enterprise Independent Innovation: Empirical Analysis Based on the Data of Chinese Strategic Emerging Industries

Government intervention and financial support are two major means to promote the independent innovation performance of enterprises in strategic emerging industries, and government intervention has induced crowding-out effects on financial support, which leads to the uncertainty of the dual incentive effect of government intervention and financial support on enterprises’ independent innovation. The research object of this paper is 657 strategic emerging enterprises listed in Shanghai and Shenzhen. We empirically studied the impact of government intervention and financial support on the comprehensive efficiency of independent innovation of strategic emerging enterprises. The empirical study draws the following conclusions. Firstly, the comprehensive efficiency of independent innovation of enterprises is in the trend of continuous improvement and technical efficiency and scale efficiency are also increasing, but the technical efficiency is lower than the scale efficiency, which shows that the improvement of independent innovation efficiency mainly depends on the expansion of innovation scale. Secondly, both government intervention and financial support promote the comprehensive efficiency of independent innovation of strategic emerging industry enterprises, but the incentive effect of government intervention is more obvious. Thirdly, there is an inverted U-shaped relationship between government intervention and the comprehensive efficiency of independent innovation. Fourthly, the regression coefficient of the interaction between government intervention and financial support and the comprehensive efficiency of enterprise independent innovation is negative, which indicates that government intervention has an inhibitory effect on the effect of financial support on the overall efficiency of enterprise independent innovation. Finally, we put forward countermeasures and suggestions.

The Influence of Government Intervention on the Performance of Independent Innovation under Financial Support Based on Data of Listed Companies in Strategic Emerging Industries

Based on the data of the listed companies in strategic emerging industries in China, this paper uses GMM panel estimation method to measure the impact of government intervention on the performance of independent innovation and analyzes the impact of financial support on the effect of government intervention. The conclusions are as follows: Firstly, there is a lag effect in the performance of independent innovation, and there is also a lag effect in the patent application and main business income. In addition, there is an inverted U-shaped relationship between the patent application of one period lag and the current patent application, while there is no inverted U-shaped relationship between the main business income of one period lag and the current main business income. Secondly, government subsidies, additional deduction of R&D expenses, and value-added tax incentives have a significant effect on the number of patent applications, and the reduction of income tax burden can improve the main business income. Thirdly, after adding the financial support adjustment variables, we find that the influence direction of government intervention on the independent innovation performance has not changed, but the influence degree is weaker. Fourthly, the capital investment and labor input can significantly improve the performance of enterprise independent innovation.

Government Procurement and Enterprise Innovation: Protective Effect and Spillover Effect

The strategy of innovation-driven development marks that China’s economy has changed from a stage of high-speed growth to a stage of high-quality development. At the same time, it also puts forward new and deeper requirements for financial functions. How to give full play to the leading role of fiscal policy in enterprise innovation and how to use positive fiscal policy to promote economic restructuring have become the focus of the current work of the Chinese government. As an important policy tool on the demand side, government procurement has been used by many countries in Europe and the United States to formulate and implement government procurement policies aimed at promoting innovation. It has also been paid attention to in China very early. With the increasing scale of government procurement, its position and role in the financial policy system cannot be ignored. Therefore, it is a key issue to actively reflect on and promote the formulation of government procurement supporting independent innovation policy that meets the international environmental requirements and effectively reflects the needs of domestic economic restructuring. However, from the theoretical point of view, the research on the actual policy effect of government procurement supporting enterprise independent innovation has not been paid enough attention to, and the relevant research conclusions have not been agreed.Based on the comprehensive consideration of regional policy environment and independent innovation policy factors, this paper empirically examines the relationship between government procurement and enterprise innovation, taking the state of government procurement orders and patent applications obtained by national enterprises from 2015 to 2017 as the research object. The research shows that the policy of government procurement supporting independent innovation has a good effect on the whole level of government procurement. After paying attention to the influence of regional policy environment factors, the implementation of government procurement supporting independent innovation policy has failed to play its due role in the level of local government procurement, showing a “protective effect”; while it has an effective effect on the level of government procurement in other places, showing a “spillover effect”. In promoting the quality of independent innovation of enterprises, the effect of the implementation of government procurement supporting independent innovation policy has the phenomenon of “emphasizing application, despising invention”. In addition to providing direct support for innovation resources, government procurement also shows signaling mechanism to support enterprises’ independent innovation. At the same time, combined with the characteristics of government procurement departments, supplier enterprises and regional characteristics, the mechanism of government procurement supporting independent innovation of enterprises has the characteristics of scale and specialty, and pays more attention to non-listed companies, foreign-funded companies, non-state-owned capital companies and large and medium-sized companies, and there are obvious differences in different regions.The policy implication of this paper is that the premise of the function of government procurement supporting independent innovation policy is to ensure a fair market competition environment for government procurement, and pay attention to maintaining the openness of government procurement market in different regions. At the same time, the function of government procurement supporting independent innovation policy requires government procurement implementing agencies with clear responsibilities, giving full play to professional implementation capabilities, and defining scientific implementation standards.

演化经济视角下促进企业自主创新的财税政策研究

演化经济视角下促进企业自主创新的财税政策研究

外商直接投资、技术溢出与企业成长的关系研究— —来自马达加斯加企业的经验数据 (Relationship between FDI, Technology Spillover and Enterprise Growth – Case of Madagascar)

Chinese Abstract: 摘 要: 进入21世纪，全球经济一体化趋势日益高涨，资本在国家之间流动的规模也越来越大。作为经济全球化的重要推动力之一，外商直接投资（Foreign Direct Investment, FDI）因对发展中国家的技术能力构建和核心竞争力形成具有基础性作用，而得到了学术界广泛关注。对于发展中国家而言，吸引外资可以弥补经济发展过程中的资金不足，并可能促进国内企业技术创新水平的提高，进而形成企业的综合竞争实力。伴随着外商直接投资的加速涌入，发展中国家如何有效利用外商直接投资的溢出效应，引进先进技术和充分利用劳动力，进而培育本国企业自主创新能力，不仅是发展中国家现阶段引进外资，实现技术创新发展所面临的重大课题，更关系到本国企业长期发展战略的制定和成长能力的构建。迄今为止，对外商直接投资的研究更多地围绕着外商直接投资对东道国的经济溢出效应，鲜少有考察外商直接投资对微观企业影响的研究成果。而对于马达加斯加这一发展中国家而言，近些年来，外商直接投资在技术和技能转让、贸易网络的建立、产业升级以及国际市场关系的改善等方面给本国的企业成长带来了许多外部效应。因此，以马达加斯加企业为样本，积极研究外商直接投资的技术溢出效应及其对本国企业成长的影响，在理论和实践层面都具有重要意义。在实证研究设计中，本文用替代变量来检验外商直接投资、技术溢出和企业成长之间的关系，其中，外商直接投资为自变量，研发溢出和劳动力溢出为中介变量，而股权治理结构为调节变量，企业成长为因变量。 English Abstract: In the 21st century, the trend of global economic integration is increasing, and the scale of capital flow between countries is also increasing. As one of the important driving forces of economic globalization, Foreign Direct Investment (FDI) has been widely concerned by the academic circles for its fundamental role in the construction of technological capacity and formation of core competitiveness of developing countries. For developing countries, attracting foreign capital can make up for the lack of funds in the process of economic development, and may promote the improvement of technological innovation level of domestic enterprises, thus forming the comprehensive competitive strength of enterprises. Along with the acceleration of foreign direct investment, developing countries how to effectively use the spillover effects of foreign direct investment, introduce advanced technology and make full use of the labor force, thus cultivating its enterprise independent innovation ability, is not only a developing country at the present stage to introduce foreign capital, technology innovation and development, important issues facing the more related to the domestic enterprises long-term development strategy of the construction of the development and growth ability. So far, researches on FDI mainly focus on the economic spillover effect of FDI on host countries, and seldom examine the impact of FDI on micro enterprises. For Madagascar, a developing country, foreign direct investment has brought a lot of external effects to its enterprise growth in recent years in terms of technology and skills transfer, trade network establishment, industrial upgrading and improvement of international market relations. Therefore, taking Malagasy enterprises as samples, it is of great theoretical and practical significance to actively study the technology spillover effect of foreign direct investment and its impact on the growth of domestic enterprises. In the empirical research, this paper used substitution variables to examine the relationship between FDI, technology spillover and enterprise growth. Among them, FDI is independent variable, R&D spillover and labor force spillover are mediating variables, while the proportion of foreign capital shares is a moderating variable, and enterprise growth is used as dependent variable.

The Influence of Human Capital on the Enterprise Independent Innovation Ability

The ability of independent innovation is the fundamental driving force to improve the enterprise actual competitiveness and promote the comprehensive development of enterprises. Human capital is the source of innovation and knowledge has become the most fundamental construction of enterprise independent innovation ability. This article analyzed the human capital mechanism of enterprise independent innovation ability from the perspective of knowledge transformation. We tested the hypothesis through empirical research and then drew a conclusion that human capital has the positive effect on enterprise independent innovation.

Comparison of Technological Innovation Pattern for Chongqing Automobile Industry

Characteristics of two kinds of innovation mode are analyzed by automobile market data for Chongqing ,and the calculation results are compared based on BASS model In this paper. The results show that there is the relationship between the Joint innovation and the self - innovation , and there is the same change. Also there is intense competition between them. So we must understand the relationship between them , and use effect of innovation diffusion reasonably to prevent the negative effects of overflow. We Must Improve the mode of technology innovation constantly, and improve the ability of independent innovation of enterprises to promote the innovation ability the country.

Risk Warning of High-Tech Enterprise Independent Innovation Based on Chaotic Neural Network

Risk warning evaluation index system of independent innovation is established according to the process of innovation activities of high-tech enterprise, Chaotic Analysis Method is introduced into the BP(Back Propagation)Neural Network Model to research the early risk warning of high-tech enterprises independent innovation, the empirical results show that the integration of early warning model is feasible and effective, and significantly improve the convergence speed of network training, to some extent, avoid getting into local minimum.

Simulation Model Construction and Analysis on Effects of Intellectual Property Protection for Enterprise Independent Innovation

Simulation Model Construction and Analysis on Effects of Intellectual Property Protection for Enterprise Independent Innovation

Study on Innovation Capability of College Students Based on Extenics and Theory of Creativity

Individual innovation capability is a principal element in enterprise independent innovation and new state construction. College students are the major force of the future innovations. However it lacks feasible means and methods to promote college students’ innovation capability. In this paper, the functions and performances of Creativity theory and Extenics are analyzed, and the existing major innovation methods are compared from the perspective of capability promotion. Then we present a combined training model for promoting students’ innovation capability, in which the advantages of Creativity Study and Extenics are integrated and support each other. The effects of our model are proved by our teaching practice cases. This paper also provides a reference as a guidance to improve postgraduates’ innovation capability.

The Paths of Enterprises Independent Innovation Based on Products Upgrade

On basis of the interactive relationship between products upgrade and independent innovation, the possibility of the paths of enterprises independent innovation based on products upgrade are studied. Then, four directions of products upgrade further and the paths of enterprises independent innovation are brought out. Finally, the paper analyzes the impact of the quality of entrepreneurs, R & D personnel, the level of effort, and the incentive mechanism on the paths of enterprises independent innovation based on products upgrade.

Extension theory and its application in evaluation of independent innovation capability

PurposeThe purpose of this paper is to apply a new idea and scientific method to evaluate the enterprise's independent innovation capability accurately.Design/methodology/approachThe matter‐element, extension set and independent function in extension theory are introduced briefly. Based on extension theory, the matter‐element model on comprehensive evaluation of the enterprise's independent innovation capability is established. Then, an instance which makes structural analysis on the enterprise's independent innovation capability with extension evaluation method is given.FindingsThe matter‐element model on comprehensive evaluation of the enterprise's independent innovation capability is established. Extension evaluation method can combine qualitative analysis and quantitative analysis to reflect the changing process of the objective appropriately. By means of the matter‐element model, the evaluation result shows which the grade does the enterprise's independent innovation capability belong to.Research limitations/implicationsExtension evaluation method resorting to extension theory, cannot only reveal the evaluation grade and competitive advantage of an enterprise within the industry or within the scope of the evaluation, but also show comprehensive index level of the enterprise's independent innovation capability.Practical implicationsIt is significant to monitor the enterprise's development and changes effectively, find the key factors influencing the enterprise's independent innovation capability and take effective measures in time.Originality/valueNew idea and scientific method are introduced into the enterprise's independent innovation activity, and it can integrate both qualitative and quantitative analysis to solve contradictory problems.