High-tech Enterprises In China Research Articles

Challenge stressors and learning from failure: the moderating roles of emotional intelligence and error management culture

ABSTRACT With the normalisation of innovation failure, there have been certain circumstances in which the companies have to recover quickly from failure. Drawing from the conservation of resources theory, we examine the relationship between challenge stressors and learning from failure, and the moderating effects of emotional intelligence and error management culture. With 229 sample dates from high-tech enterprises in China, we test the hypothesis by regression analysis. The results indicate that challenge stressors have an inverted U-shaped effect on learning from failure, and emotional intelligence and error management culture, respectively, moderate the relationship. Compared with the emotional intelligence, the moderating effect of error management culture is more significant. This study not only provides a fresh understanding on the relationship between challenge stressors and learning from failure but also contributes to the literature on conservation of resources theory.

The Impact of Cognitive Heterogeneity on the Behavioral Integration of the R&D Team: The Perspective of Conflict Management

The impact of team heterogeneity on team effectiveness has received extensive attention. The paper aims to explore the mechanism of the effect of cognitive heterogeneity on behavioral integration in R&D teams. Based on the IPO theory, this study proposed six hypotheses about how cognitive heterogeneity directly and indirectly (via team conflict and conflict management) affect behavioral integration in R&D teams. Using data collected from 383 R&D teams in 326 high‐tech enterprises in China, we investigated whether the dimensions of team conflict mediate the relationship between cognitive heterogeneity and behavioral integration and whether the dimensions of conflict management regulate the impact of cognitive heterogeneity on behavioral integration. The results show the following: (1) cognitive heterogeneity has a significant negative impact on the behavioral integration of R&D teams. Task conflict and relationship conflict fully mediate the relationship between cognitive heterogeneity and behavioral integration. (2) Cooperative conflict management positively moderates the impact of cognitive heterogeneity on task conflict and the impact of task conflict on team behavioral integration. (3) Avoidance conflict management reversely adjusts the positive impact of cognitive heterogeneity on task conflict and relationship conflict and the negative impact of relationship conflict on team behavioral integration. The research results can provide theoretical guidance to improve the process management of cognitive heterogeneity R&D teams.

Linkage Between Inclusive Digital Finance and High-Tech Enterprise Innovation Performance: Role of Debt and Equity Financing.

This study investigates the relationship between digital financial inclusion, external financing, and the innovation performance of high-tech enterprises in China. The choice of corporate financing methods is an important part of organizational behavioral psychology, and different financing models will have a certain effect on organizational performance, especially in the digital economy environment. Therefore, based on resource dependence theory and financing constraint theory, the present study utilizes the panel data collected from the China Stock Market & Accounting Research (CSMAR) database from 2011 to 2020 of 112 companies in the Yangtze River Delta region and the “The Peking University Digital Financial Inclusion Index of China (PKU-DFIIC)” released by the Peking University Digital Finance Research Center and Ant Financial Group. The results show that the Digital Financial Inclusion Index (DFIIC) has a significant positive correlation with the innovation performance of high-tech enterprises. The higher the level of debt financing, the stronger the role of digital financial inclusion in promoting innovation performance. Investigating the DFIIC in terms of coverage breadth and usage depth, we find that usage depth does not significantly encourage innovation performance. The effect of the interaction between coverage breadth and external financing is consistent with the results for the DFIIC. The study suggests that equity financing promotes the usage depth of the DFIIC in state-owned enterprises. In contrast, debt financing promotes the coverage breadth of non-state-owned enterprises. Finally, we propose relevant policy recommendations based on the research results. It includes in-depth popularization of inclusive finance in the daily operations of enterprises at the technical level, refinement of external financing policy incentives for enterprises based on the characteristics of ownership, and strengthening the research of technologies such as big data, artificial intelligence (AI), and cloud computing. The paper presents a range of theoretical and practical implications for practitioners and academics relevant to high-tech enterprises.

INCOME TAX PREFERENCE AND R&D INVESTMENTS OF HIGH-TECH ENTERPRISES IN CHINA

This study explores the relationship between income tax preference and R&D investments of high-tech enterprises. This study selects listed high-tech enterprises in China from 2013 to 2018 as samples. The empirical results show that the effective income tax rate among high-tech enterprises in China differs widely. The findings suggest that high-tech enterprises in China have to take advantage of preferential income tax, pay more attention to R&D investments, and strive to improve R&D ability and market competitiveness. In addition, there is a significantly positive relationship between income tax preference and R&D investments of high-tech enterprises, indicating that the preferential tax rate policy and other tax incentives such as additional tax deduction increase R&D investments of high-tech enterprises effectively. State-owned enterprises (SOEs) are enterprises in which the state has ownership or control over its capital. The positive relation between income tax preference and R&D investments of hightech enterprises is more significant for non-SOEs. Non-SOEs have stronger governance efficiency. Therefore, SOEs should make better use of income tax preference and improve innovation enthusiasm. Moreover, this study finds a more positive relationship between income tax preference and R&D investments among high-tech enterprises in the introduction phase than in the growth and mature phases. However, the relation between income tax preference and R&D investments is insignificant for high-tech enterprises in the decline phase. The findings seem to provide a new perspective for the life cycle characteristics of enterprises and the theoretical guidance to enterprises in phases of growth, mature and decline to develop R&D investments better. Finally, loss enterprises or enterprises in geographical units with the innovative environment are eliminated in this study to avoid extra interference. The results remain robust, indicating that preferential income tax policies applied in high-tech enterprises are significantly and positively associated with R&D investments.

Inclusive Digital Finance, External Financing, and High-Tech Enterprise Innovation Performance

This study investigates the relationship between digital financial inclusion, external financing, and the innovation performance of high-tech enterprises in China. The present analysis utilizes the panel data from 2011 to 2018 of 114 companies in the Yangtze River Delta region and the "The Peking University Digital Financial Inclusion Index of China” (PKU-DFIIC) released by the Peking University Digital Finance Research Center and Ant Financial Group. The results show that the Digital Financial Inclusion Index (DFIIC) has a significant positive correlation with the innovation performance of high-tech enterprises.The higher the level of debt financing, the stronger the role of digital financial inclusion in promoting innovation performance. Investigating the DFIIC in terms ofcoverage breadth and usage depth, we find that usage depth does not significantly encourage innovation performance. The effect of the interaction between coverage breadth and external financing is consistent with the results for the DFIIC.The study suggest that equity financing promotes the usage depth of the DFIIC in state-owned enterprises. In contrast, debt financing promotes the coverage breadth of non-state-owned enterprises. Finally, we propose relevant policy recommendations based on the research results. It includes in-depth popularization of inclusive finance in the daily operations of enterprises at the technical level, refinement of external financing policy incentives for enterprises based on the characteristics of ownership, and strengthening of the research of technologies such as big data, Al, and cloud computing.

How does ambidextrous leadership influence technological innovation performance? An empirical study based on high-tech enterprises

ABSTRACT The complex and changeable environment calls for entrepreneurs to adopt ambidextrous leadership (AL) strategies to balance the different demands within the organisation. Transformational and transactional leadership are the most widely studied leadership in the field of leadership and are regarded as an effective way to enhance enterprise technological innovation performance (ETIP) by scholars. However, previous studies have overlooked the complementary participation of these two paradoxical leadership behaviours in enterprise management as well as the influence of such complementary participation on employees’ psychological distance (PD). In order to make up for these gaps, this paper uses linear regression analysis, SEM, and ANOVA to explore the influence of AL on ETIP by empirically studying 308 functional department managers in 77 high-tech enterprises in China. The main conclusions are as follows: (1) AL has a significant positive impact on ETIP. (2) The positive impact of AL on ETIP is better than that of single transformational or transactional leadership. (3) PD partially mediates the relationship between AL and ETIP. The finding refines the academic understanding of the relationship between AL, PD, and ETIP, and is enlightening for entrepreneurs to effectively manage their enterprises.

Knowledge network capability and organizational innovation: Network position transition and ambidextrous innovative behaviors as mediators

In this study we examined the influence of knowledge network capability on organizational innovation. Drawing on organizational network theory and taking a knowledge-based view, we proposed ambidextrous innovation behavior and network position transition as mediators to clarify the underlying mechanisms of the effect of knowledge network capability on organizational innovation. Furthermore, we proposed knowledge base as a boundary variable to understand its interplay with knowledge network capability in regard to organizational innovation. Participants were 265 senior managers of recently established high-tech enterprises in China. Consistent with our predictions, the results show there was a positive relationship between knowledge network capability and ambidextrous innovation behavior, and network position transition mediated this relationship. In addition, the results suggest that knowledge base can strengthen the direct effect of knowledge network capability on organizational innovation. Our findings enrich the literature on knowledge networks and innovation, and provide important implications for enterprises to innovate by employing knowledge network capability.

The influence of government subsidy on enterprise innovation: based on Chinese high-tech enterprises

This paper uses data from all the listed high-tech enterprises in China, from 2013 to 2018, as the samples employed to study the impact of government subsidies on the innovation of high-tech enterprises, as well as the subsidy mechanism. The mechanism is analysed mainly from the perspectives of resource effect and signal transmission effect. In the theoretical analysis, from the perspective of resource effect, the capital guiding role of government subsidies is considered. In addition, this study creatively discusses the impact of rent-seeking behaviour in combination with China's anti-corruption practice. From the perspective of signal transmission, government subsidies are no longer only interpreted as positive signals of the government being in favour of enterprise financing. This study further believes that government subsidies transmit a signal to the public, encouraging them to strengthen their supervision of subsidised enterprises. A multiple regression model and mediating effect model indicate that government subsidies achieve the purpose of stimulating enterprise innovation. The stimulating effect of government subsidies through financing constraints and signal transmission is 9.48% and 10.16%, respectively. These results are consistent with the positive externality theory and the signal transmission theory. At the end of the paper, several relevant suggestions are presented, according to the current developments.

Psychological contract, organizational commitment, and knowledge innovation: A perspective of open innovation

This paper explores the influence of employee perception of psychological contracts on knowledge innovation from the perspective of open innovation. The purpose is to explore internal factors affecting knowledge innovation through the construction of the SEM model and provide enterprise managers with scientific and effective management methods. The survey sample includes 312 technical and scientific research employees from 16 high-tech enterprises in China. This study adopts a quantitative research method and conducts a questionnaire survey through the subjective sampling method of improbability sampling. Through empirical analysis, the results show that a psychological contract has a significant positive effect on knowledge innovation. Among them, the relational psychological contract is more influential than the transactional one. The influence of the relational psychological contract on organizational commitment is extremely significant; the influence is more than 50%. It reflects the importance that employees attach to the employment relationship. However, the transactional psychological contract has no significant effect on organizational commitment, and organizational commitment plays a partial mediating role. Therefore, enterprises should focus on building mutual trust and friendly employment relationships and implement targeted management strategies and incentives for employees to enhance their ability of knowledge innovation. AcknowledgmentThis study is a part of the research project: Youth Foundation of Ministry of Education of China (19YJC630141).

The Targeted Approach in Implementing the Industrial Policy of Ukraine in the Conditions of the Increasing Import Dependence

The global practice of the target approach in implementing the innovation policy in industry is analyzed. It is shown that this approach has long been relied upon by the Chinese government in carrying out the certification of high tech enterprises. The criteria by which high tech enterprises in China are identified are revealed. It is found that the companies with the granted certificate have a number of preferences from the government, e. g.: preferential regime for tax on profit; exemption from or reduction of tax on profit of the qualified income from technology transfer; accelerated depreciation of fixed assets; priority in the issuance of permit on office or industrial lands; subsidies for rental payments; prolongation of the period for carrying forward business losses; priority in the assistance from government support funds at all the levels. It is shown that the Chinese government used the targeted approach to stop the spread of COVID-19 epidemic and halt the rapid industry decline, by charging the National Commission on Development and Reforms and the Ministry of Industry and Information Technologies with the responsibility for making the nomenclature of business entities engaged in the manufacturing of medical protective clothing, insulating clothing, medical and protective civil masks, COVID testing, sterilizers; procurement and storage of medical materials; information and communication equipment and service systems for reaction on the epidemic, as well as the companies taking on the assignments on transportation and sales of the materials. Pursuant to this Directive, nomenclatures of key companies were created in China, for implementing measures on prevention and control of epidemics (the national nomenclature and local nomenclatures). This approach allowed public authorities to exchange information about the condition of these companies and financial preferences and preferential loans provided to them.
 It is shown that the need for implementing the targeted approach in building up high tech industries was substantiated in Ukraine as early as in 2010, but in spite of the arguments and successful analogous practice in China the proposed targeted approach is yet to be launched. The following measures would be expedient in Ukraine in the conditions of crisis caused by COVID-19 epidemic and in view of the growing dependence on imports of certain categories of goods, hence, the increasing threats to the industry development: elaborate a methodology for identification of advanced technology products and create, on its basis, the Ukrainian State Register of High Tech Industrial Goods; identify high tech goods for industrial purposes (intermediate and capital ones), which ensure continuous operation of Ukrainian companies, with making up their Nomenclature; elaborate methodological tools for qualifying business entities – residents of Ukraine as high tech ones, and create, on its basis, the Ukrainian State Register of High Tech Industrial Companies.

Compulsory citizenship behaviour and work-family conflict: A moderated mediation model

The purpose of this study is to test the factors that impact the effects that compulsory citizenship behaviour (CCB) has on work-family conflict based on the theory of Conservation of Resources. Data were collected from 505 employees in 13 high-tech enterprises in China. It revealed that (1) employees’ compulsory citizenship behaviour is positively related to levels of work-family conflict, (2) work stress mediates the relationship between CCB and work-family conflict, and (3) proactive personality moderates the effects of CCB on employees’ work stress and work-family conflict, with the relationship more positive when proactive personality is high. The study contributes to the CCB literature through its identification of work stress as an important psychological mediation mechanism that amplifies the mechanism through which CCB has an effect on employees. The results provide a deeper understanding of important boundary conditions (in this case proactive personality) that impact the CCB to employee’s work-family conflict relationship. The findings also enrich the proactive personality literature. Paradoxically, if organizations attempt to foster citizenship behaviors by selecting people with the sort of proactive personality that might assist citizenship, they end up exacerbating the impact on work stress and work-family conflict. Theoretical and practical implications, limitations and promising avenues for future study are discussed.

Inclusive leadership, ambidextrous innovation and organizational performance: the moderating role of environment uncertainty

PurposeThe purpose of this study is to explore how inclusive leadership promotes organizational performance through ambidextrous innovation (i.e. exploratory and exploitative innovation). Moreover, the authors examine the moderating role of environmental uncertainty in the relationship between inclusive leadership and ambidextrous innovation.Design/methodology/approachThis study conducted a questionnaire survey of high-tech enterprises in China and obtained 325 useable samples. The hypotheses were tested using latent path analysis and ordinary least squares regression.FindingsThe results indicate that exploratory and exploitative innovations mediate the relationship between inclusive leadership and organizational performance. Moreover, environmental uncertainty positively moderated the relationship between inclusive leadership and exploitative innovation.Practical implicationsManagers should value the critical role of inclusive leadership in promoting exploratory and exploitative innovation, which in turn improves organizational performance. Meanwhile, managers need to pay attention to the risk caused by environmental uncertainty.Originality/valueThis paper extends the influence of inclusive leadership on innovation from the individual level to the organizational level and reveals the influence mechanism of inclusive leadership on organizational performance. In addition, this study supplements the knowledge regarding the boundary conditions under which the influence of inclusive leadership is strengthened or weakened.

Analysis on the Status quo of Government subsidies for High-tech enterprises in China

In order to promote technological innovation of high-tech enterprises and speed up the process of enterprise innovation, the government has issued a series of subsidy policies. Among them, government subsidies can provide direct financial support for enterprises’ innovative research and development. The extent to which government subsidies cover high-tech enterprises and the use of government subsidies by enterprises have also attracted more and more attention. This article selects the high-tech companies from the Shanghai Stock Exchange and the Shenzhen Stock Exchange from 2010 to 2019, and studies the status quo of their government subsidies in terms of coverage, total distribution, use, and industries. It is found that the current high-tech companies have a high coverage of government subsidies and involve a wide range of industries, The financial support is relatively large, but different enterprises and industries are relatively unbalanced, and a relatively high proportion of government subsidies in enterprises are used for daily business activities. At the same time, it provides suggestions for the investment and utilization of government subsidies based on the research status.

The impact of heterogeneous environmental regulation on innovation of high-tech enterprises in China: mediating and interaction effect.

It is important for China's green innovation productivity and sustainable development to study the effect of heterogeneous environmental regulation on microenterprise innovation activities. Based on the panel data of high-tech enterprises in China from 2012 to 2017, the article studies the incentive effect of heterogeneous environmental regulation on technological innovation and the mediation of innovation input and explores whether different types of environmental regulations have interactive effects on enterprise innovation. The results reveal that compared with the command-controlled environmental regulation, the incentive effect of market-incentive environmental regulation and voluntary environmental regulation on enterprise innovation is more significant, where the innovation input fully plays its role as a mediating effect. Further research finds that there is an interactive effect between command-controlled environmental regulation and other two regulatory tools, but no interactive effect between market-incentive environmental regulation and voluntary environmental regulation, which shows that the control-based regulatory tools and more flexible regulatory tools have a complementary effect on enterprise innovation. Through revealing the internal mechanism of environmental regulation on enterprise innovation, the article displays the process of technological innovation, and it also finds that flexible regulation tools and the combination of rigid and flexible tools are more conducive to encourage enterprises to carry out innovation activities.

Effects of technology lock-in on enterprise innovation performance

PurposeThis study explores the effects of different types of technology lock-in on enterprise innovation performance. On this basis, the authors aim to provide technological innovation suggestions for the long-term development of Chinese enterprises.Design/methodology/approachA total of 211 high-tech enterprises in China were taken as the research sample. Data were collected through questionnaire surveys and secondhand data. Linear and nonlinear regression models were used to test the hypotheses.FindingsDifferent types of technology lock-in had different effects on enterprise innovation performance. Initiative lock-in and passive lock-in showed an inverted U-shaped relationship with innovation performance. Economies of scale were positively correlated with innovation performance, while self-lock-in was negatively correlated with it.Practical implicationsThis research can help enterprises reconceptualize technology lock-in. It can also help enterprises in different stages of development carry out targeted technological innovation and management strategies.Originality/valueThis research enriches our understanding of technology lock-in. By breaking with previous conceptualizations of a simple linear relationship between technology lock-in and innovation performance, this study proposes and confirms different technology lock-in has different relationships with enterprise innovation performance. This study is important for enterprises to reassess their technology lock-in state and carry out targeted technological innovation strategies. This research enriches the theory of path dependence and its combination with other theories. And this study also reveals the current research on technology lock-in is insufficient.

Exploring the relationship between leader narcissism and team creativity

PurposeThe purpose of this paper is to investigate the mediating effect of information search effort on the relationship between leader narcissism and team creativity in China based on attention theory. The paper also explores participative decision making as a moderator in the relationship between team leader narcissism and information search effort.Design/methodology/approachThrough a survey of 667 team members and their team leaders from 96 research and development teams at 23 high-tech enterprises in China with paired samples, cross-time data were collected. Confirmatory factor analysis, hierarchical regression and path analysis were adopted to analyze the data.FindingsThis paper found that leader narcissism had a positive impact on team information search effort, thereby promoting team creativity, and the effect of leader narcissism on team information search effort is more positive in the context of high participation in decision making.Practical implicationsNarcissism should be a noteworthy trait in manager selection and promotion especially for the departments and teams which focus on innovation and creation. And companies should pay attention to the team work processes to ensure that team members have the opportunity to participate in decision making for promoting the team leader’s narcissistic “bright” side in the institutional environment and avoiding the “dark” side.Originality/valueThis paper discusses how and when leader narcissism influences team creativity in Chinese high-technology enterprises based on attention theory. This research expands the application of attention theory at the team level.

Innovative Orientation and Innovation Performance : The Roles of Ambidextrous Innovation and Network Embeddednes

Innovative orientation is a kind of value and organizational culture of high tech enterprises. However, the process of innovative orientation on innovation performance has been controversial and remains not fully conclusive or consistent. Based on the organizational culture-organization behavior-organization performance framework, we explore the roles of ambidextrous innovation and network embeddedness in the process. Using data from the questionnaires of 148 high-tech enterprises in China, We find that innovative orientation has positively effect on explorative innovation, exploitative innovation, and network embeddedness, which in turn are positively associated with innovation performance. Furthermore, we find that network embeddedness is an asset to reinforce the impact of explorative innovation on innovation performance, but there is no moderate effect of exploitative innovation on innovation performance. More results and implications are discussed toward the end.

Reflections on Tax Preferential Policies for R&D Innovation of Small and Medium-sized High-tech Enterprises

Under the background of accelerating the upgrading of national industrial structure and promoting the transformation of economic structure, a series of effective regulation and control measures must be adopted to support small and medium-sized high-tech enterprises. Tax preference is an effective measure for the state to intervene in the economy and carry out macro-control. At present, the tax preferential laws for small and medium-sized high-tech enterprises in China are complicated and scattered, and there are some problems such as unclear legislative authority and imperfect specific preferential methods. Through the analysis of the problems existing in China's small and medium-sized high-tech enterprises, this paper puts forward specific solutions. Small and medium-sized high-tech enterprises are the key industrial enterprises supported by the state, the important force to promote economic restructuring, and the effective way to improve the overall quality of the national economy. Strengthening the research on tax preferences for small and medium-sized high-tech enterprises and providing better tax support can play the role of macro-guidance and regulation of the state to the industry.

Impact of Technology Habitual Domain on Ambidextrous Innovation: Case Study of a Chinese High-Tech Enterprise

To obtain a sustainable competitive advantage in the dynamic environment, it is necessary for Chinese high-tech enterprises to focus on their technology habitual domains in formulating ambidextrous innovation strategy. This study integrates technology habitual domain, exploratory innovation and exploitative innovation within a framework and explores the influence mechanism among them. Based on an in-depth case study on KTE, representing a high-tech enterprise in China, we have several findings. Firstly, we depict the evolution mechanism of technology habitual domain; secondly, we find that the high-tech enterprise’s technology habitual domain will cultivate and develop the firms’ dynamic capabilities; and thirdly, the expansion of technology habitual domain will promote exploitative innovation, while the transformation of technology habitual domain will promote exploratory innovation. These findings can be useful guidance for high-tech enterprises in China who are aiming to achieve ambidextrous innovation to better adapt to the turbulent environment, and thus achieving sustainability.

The NLS-based nonlinear grey Bernoulli model with an application to employee demand prediction of high-tech enterprises in China

PurposeThe purpose of this paper is to propose a new method based on nonlinear least squares (NLS) for solving the parameters of nonlinear grey Bernoulli model (NGBM(1,1)) and to verify the proposed model using the case of employee demand prediction of high-tech enterprises in China.Design/methodology/approachFirst of all, minimising the square sum of fitting error of grey differential equation of NGBM(1,1) is taken as the optimisation target and the parameters of classic grey model (GM(1,1)) are set as the initial value of parameter vector. Afterwards, the structural parameters and power exponents are solved by using the Gauss-Newton iteration algorithm so as to calculate the parameters of NGBM(1,1) under given rules for ceasing the algorithm. Finally, by taking the employee demand of high-tech enterprises in the state-level high-tech industrial development zone in China as examples, the validity of the new method is verified.FindingsThe results show that the parameter estimation algorithm based on the NLS method can effectively identify the power exponents of NGBM(1,1) and therefore can favourably adapt to the nonlinear fluctuations of sequences. In addition, the algorithm is superior to the GM(1,1) model, grey Verhulst model, and Quadratic-Exponential smoothing algorithm in terms of the simulation and prediction accuracy.Research limitations/implicationsUnder the framework of solving parameters based on NLS, various aspects of NGBM(1,1) remain to be further investigated including background value, initial condition and variable structural modelling methods.Practical implicationsThe parameter estimation algorithm based on NLS can effectively identify the power exponent of NGBM(1,1) and therefore it can favourably adapt to the nonlinear fluctuation of sequences.Originality/valueAccording to the basic principle of NLS, a new method for solving the parameters of NGBM(1,1) is proposed by using the Gauss-Newton iteration algorithm. Moreover, by conducting the modelling case about employees demand in high-tech enterprises in China, the effectiveness and superiority of the new method are verified.