Innovation Ability Of Enterprises Research Articles

Environmental protection tax and enterprises’ green technology innovation: Evidence from China

The Environmental Protection Tax Law was officially implemented, marking the initial establishment of China's green tax system. This paper aims to estimate whether the introduction of environmental protection tax will promote enterprises' green technology innovation. Based on data from listed enterprises from 2015 to 2021, this paper takes the implementation of environmental protection tax in 2018 as a quasi-natural experiment, and uses the DID method to evaluate the impact of the implementation of environmental protection tax on the technological innovation ability of enterprises. The results show that, after the implementation of environmental protection tax, the quantity of green patents increased significantly, while the quality of green patents decreased significantly. The analysis of mechanism channel reveals that environmental protection tax policy appears to increase the number of green patents putting regulatory pressure on enterprises and increasing R&D investment, while managerial myopia inhibits the improvement of green patent quality. The changes in the quantity and quality of green patents in large enterprises are more significant. It is also found that the quantity in coastal areas decreased significantly, while the quantity in inland areas markedly increased.

Compensation stickiness and firms' innovative capacity

This paper selects data from A-share listed companies in Shanghai and Shenzhen from 2010 to 2022 for empirical analysis. The empirical findings show that pay stickiness has a significant negative impact on the innovation ability of enterprises. There is a difference in the impact of pay stickiness on the innovation ability of state-owned enterprises and non-state-owned enterprises; the independence of the board of directors can inhibit the negative effect of the stickiness of the executives' pay on the innovation ability of the enterprise. The research results of this paper provide valuable insights for enterprises in formulating compensation strategies.

Research on the Influence of Business English Proficiency on Small and Medium-Sized Enterprise Competitiveness Under the Perspective of Resource-Based Theory

In the globalized world arena, enterprises have to meet higher standard for showcasing their strength, as well as communicating with other enterprises from different cultural background. The business English ability, as one of the means of intercultural business communication, puts forward higher requirements and has become has become one of the important indexes to measure the international competitiveness of enterprises. Therefore, high proficiency in business is needed. We examines the impact of business English proficiency on the competitiveness of small and medium-sized enterprises (SMEs) from the perspective of resource-based theory. By using a quantitative research methodology, we could clearly recognized the impact of business English proficiency on enterprise competitiveness. The results of the study show that business English proficiency is a key resource for SMEs to enhance their market competitiveness, and there is a significant positive correlation with the market orientation, innovation ability and strategic flexibility of enterprises. As an intangible resource, business English proficiency significantly enhances the market performance, financial performance and operational efficiency of enterprises by increasing their market sensitivity, promoting knowledge innovation and enhancing the flexibility of strategic adjustment. In addition, the study finds that the role of business English proficiency varies across industries and sizes of firms, with smaller firms and highly internationalized industries benefiting more significantly. This study provides important theoretical and practical guidance for the development of SMEs in the context of globalization.

Psychological capital of employee and innovativeness of Small and Medium-Sized Enterprises (SMEs)

Purpose: This study explores the association between employees (PsyCap) and the innovation ability of Small and Medium-Sized Enterprises (SMEs). Research methodology: A descriptive correlational research design was employed, involving 150 respondents selected through simple random sampling. Two adapted questionnaires were used to measure PsyCap and innovation outcomes. Results: The results revealed A The strong positive relationship between employees' PsyCap and innovation outcomes (p<0.000, R=0.650), particularly creativity, risk-taking, and problem-solving. These findings underscore the importance of PsyCap as a significant predictor of innovative behavior within SMEs. Limitations: The study's limitations include its focus on SMEs, which may limit the generalizability of the results to larger organizations or different geographical regions. Despite this, the study contributes valuable insights into Human Resource Management (HRM) practices, emphasizing the need for targeted employee training and strategic organizational growth initiatives. Contributions: The findings highlight the critical role of Psychological Capital in fostering innovation and offer practical implications for enhancing competitiveness and sustainability in SMEs through the development of employees' psychological resources.

Market integration effect on technological innovation empirical analysis: A novel concept

AbstractIn today's globalization and rapid technological development, market integration has an important impact on the competitiveness and innovation ability of enterprises. Market integration includes the integration of factor markets and goods markets, aiming to optimize resource allocation and expand market size, thus promoting economic growth and technological innovation. The purpose of this study is to explore the impact of market integration on technological innovation. Using a two‐stage least‐squares (IV‐2SLS) model and combining the data of Chinese stock market and accounting research from 2012 to 2021, it is pointed out that market integration has a significant impact on innovation ability. Research shows that the integration of factor and goods markets promotes innovation through market expansion, innovation in emerging technologies, and increased competitiveness of firms. However, there are also differences in the way that region, type of enterprise ownership, and economic sector influence market integration innovation. Factor market integration effectively promotes technological innovation by reducing government intervention and optimizing resource allocation. The results of the study provide an important reference for enterprises to make strategic decisions, especially in the face of the different effects of market integration on innovation.

Foreign Direct Investment and New Quality Productivity of Enterprises

Now China is opening up to the outside world at a high level. In the process of utilising foreign investment, it is significant to study how foreign direct investment (FDI) affects the formation of new quality productivity of enterprises in China. This paper examines the impact of FDI on new quality productivity of enterprises. Results using financial statement data of A-share listed companies and FDI level data of the cities where the companies are located from 2011 to 2020 show that FDI has a significant promotion effect on the enhancement of new quality productivity of enterprises. Further analysis reveals that the positive effect is generated through the channels of improving enterprise innovation ability and easing enterprise financing constraints, predominantly observed in non-state-owned enterprises. The test for moderating effect shows that a high degree of capital market openness has a significant positive effect on the formation of new quality productivity of enterprises influenced by FDI. The results of this paper provide a theoretical perspective of FDI for further research on the new quality productivity of enterprises.

Monocentricity or polycentricity? The study on the enterprise environmental performance of urban spatial structure

Under the promotion of urban planning and land development policies, the urban spatial structure of China is undergoing a transformation towards polycentricity. The improvement of environmental performance during the process of urban spatial transformation is crucial for urban sustainable development. This paper uses high-resolution population grid data from LandScan for the years 2001–2019 to measure the urban spatial structure of Chinese cities. Then we match the Chinese Industrial Enterprise Database with the Chinese Industrial Enterprise Pollution Emission Database for the years 2001–2014. This paper empirically examines the impact and mechanisms of the polycentric spatial structure of Chinese cities on enterprise pollution reduction at the micro-level. The findings indicate that compared to monocentricity, polycentricity is more conducive to improving enterprise environmental performance. Mechanism tests demonstrate that the improvement in enterprise environmental performance resulting from polycentricity can be achieved through three channels: increasing urban population and density, mitigating urban environmental pollution, and promoting enterprise innovation ability. Heterogeneity analysis reveals that polycentricity is more beneficial for emission reduction among small enterprises, young enterprises and enterprises in regions with higher environmental regulations. This paper provides micro-level evidence and policy implications for further strengthening the aggregation effect of polycentricity and improving enterprise environmental performance in the future.

Do companies improve their ability to innovate sustainably as a result of ESG ratings?

Promoting the ESG concept is of great significance for the realization of the ‘Carbon Peaking and Carbon Neutrality’ Goals and ESG has gradually become a comprehensive system for evaluating sustainable development. Based on the 2015 ESG ratings of SynTao Green Finance as a quasi-natural experiment and based on the panel data of China's A-share listed companies from 2010 to 2020, this study deeply explores the impact of ESG ratings on the continuous innovation ability of enterprises by constructing a multi-temporal double-difference model and a triple-difference model. The results show that ESG ratings can significantly enhance firms’ continuous innovation ability, a conclusion supported by a series of robustness tests. The positive impact of ESG ratings is more prominent for firms with low market attention, state-owned enterprises, and firms with high digital transformation. The impact mechanism suggests that ESG ratings advance firms’ ability to continuously innovate by increasing employment, improving employee income, and enhancing firm value. It is further found that ESG ratings are more effective in enhancing the continuous innovation ability of heavy polluters and capital – and technology-intensive firms than other firms. The findings of the study help to promote the sustainable development of enterprises and realize the synergy between ESG construction and high-quality development.

The impact of peer effect of industrial robot application on enterprise carbon emission reduction.

The application of intelligent technology, such as industrial robots, is related to the environmental governance effectiveness of enterprises and the realization of the goal of "carbon peak and carbon neutrality". Due to their similar external environments, driven by economic rationality, peer enterprises will mimic the robotics applications of other enterprises, which in turn will affect the enterprises' carbon emissions. However, little literature has explored the impact of industrial robot application on enterprise carbon emissions from the perspective of peer effect. Based on the data of Shanghai and Shenzhen A-share manufacturing listed enterprises in China from 2011 to 2021, this paper explores the impact of industrial robot application on carbon emission reduction of manufacturing enterprises from the perspective of peer effect. It is found that the industry peer effect and regional peer effect brought by the application of industrial robots are conducive to promoting the carbon emission reduction of enterprises. Among them, the industry peer effect of industrial robot applications promotes carbon emission reduction by enhancing the green innovation ability of enterprises, while the regional peer effect promotes carbon emission reduction by improving the service level of enterprises. It is further found that the degree of industry competition and the level of environmental regulation have inverted U-shaped moderating effects on the industrial robot application industry peer effect, regional peer effect, and enterprises' carbon emission reduction, respectively. The results enrich the research on the impact of industrial robot application on carbon emission reduction of manufacturing enterprises and provide policy implications for improving the environmental performance of enterprises.

A Study on the Impact of ESG Ratings on the Innovation Capability of Chinese-Listed Companies

According to the report "Global Innovation Index 2023" released by the World Intellectual Property Organization (WIPO), China's global innovation index(GII)ranks 12th, indicating that the government must speed up the construction of the technological innovation system. Enterprises also need to increase investment in innovation. At the same time, enterprises inevitably face the issue of sustainable development. ESG rating is an indicator to measure the ability of sustainable development and the potential of enterprises. In recent years, the Chinese government has advocated a new concept of high-quality development, which is positively aligned with the ESG concept. However, some companies also believe that the ESG concept is a policy requirement and rule limitation and cannot improve the competitiveness of the enterprise. At the same time, domestic scholars lack research on ESG, mainly on the relationship between ESG and financial indicators. This article selects listed companies from 2013 to 2022 as research samples to study the relationship between ESG ratings and patent applications, conduct regression analysis, and clarify the positive effect of ESG indicators on the innovation ability of enterprises. At the same time, heterogeneity testing is conducted for different market sizes, and this promoting effect is more significant for large-scale enterprises. The conclusion provides direction for further promoting the implementation of ESG concepts in enterprises. The government, society, and enterprises should all play their roles to jointly promote the high-quality development of enterprises.

Digital Transformation of Enterprise Human Resource Management Enabled by Big Data

With the continuous development of big data technology, the digital transformation of enterprise human resource management has become a development trend. Human resources is one of the most important resources of enterprises, which is crucial to the competitiveness of enterprises. Enterprises need to attract, retain, and motivate excellent employees, thereby enhancing the innovation ability of enterprises and improving competitiveness and market share in the market. To maintain advantages in the fierce market competition, enterprises need to adopt more scientific and effective human resource management methods to enhance organizational efficiency and competitiveness. At the same time, this paper analyzes the dilemma faced by enterprise human resource management, points out the new characteristics of enterprise human resource management enabled by big data, and puts forward feasible suggestions for enterprise digital transformation.

Loose monetary policy and corporate NPD R&D innovation

Based on the data of Chinese listed companies from 2006 to 2022, this paper shows that loose monetary policy will significantly promote enterprises' NPD innovation. At the same time, financial subsidies can strengthen this promoting effect. Nowadays, policy support is to alleviate the problem of insufficient innovation ability of enterprises from the perspective of external financing, it does not fundamentally solve the lack of innovation ability of enterprises, and has become the key problem of attention and research in academic circles. However, existing research pays less attention to the essence of improving NPD R&D innovation readiness, especially how to stimulate the innovation motivation of management is the lack of in-depth research to solve the fundamental problems of insufficient innovation investment and low innovation quality.

Environmental regulation effect study of the environmental protection tax law during strict epidemic control: based on heavy pollution enterprises sample data test

The implementation of the Environmental Protection Tax Law was seriously affected by strict pandemic control. The Environmental Protection Tax Law imposed environmental taxes on enterprises based on measuring their pollution emissions to restrain their bad environmental behaviour and stimulate their green technological innovation ability. However, during the pandemic control period, the green technological innovation ability of enterprises was not developed. Therefore, it is necessary to optimize the environmental regulation effect of the environmental protection tax. This study is based on sample data covering heavily polluting enterprises in China collected from December 20, 2022, to January 7, 2023. It finds that the follow cost effect existed, but the value compensation effect obviously declined, which leading to a decline in the green technological innovation ability of heavily polluting enterprises. The study shows that although strict pandemic control maintained the environmental protection function of the environmental protection tax, it weakened the economic driving function, which will not only damage the long-term economic development potential but also make the environmental protection function unsustainable.Graphical

数字经济对企业创新能力的影响研究

数字经济对企业创新能力的影响研究

Research on the relationship between intellectual capital, supply chain knowledge sharing and enterprise innovation ability

Research on the relationship between intellectual capital, supply chain knowledge sharing and enterprise innovation ability

Research on the relationship between "two-chain integration", knowledge management and innovation ability of electronic information enterprises

Research on the relationship between "two-chain integration", knowledge management and innovation ability of electronic information enterprises

Enterprise Digitalization Enabling Supply Chain Development: Driving Mechanisms and Path Choices

With the emergence and popularization of emerging digital technologies such as big data and artificial intelligence, it provides a new direction of thinking for enterprises to optimize supply chain layout and empower supply chain development. Promoting the synergistic and efficient development of the supply chain is a key issue that enterprises need to explore urgently. This paper takes the enterprise supply chain development as the research object, takes the enterprise digital transformation as the starting point, and deeply analyzes the mechanism and path of enterprise digital empowerment supply chain development. This paper explores the influence path of enterprise digitalization on supply chain development from the aspects of enterprise innovation ability and financing constraints, and puts forward suggestions and countermeasures for the dilemmas faced by enterprises in digital transformation, and the results of the research have certain practical significance for supply chain management.

The evaluation of innovation ability of China's information technology application innovation enterprises based on cloud modeling

This paper adopts the theoretical method of the cloud model to establish the evaluation index system. It tests it through examples, and the results show that the cloud model has a flexible conversion function in qualitative description and quantitative expression, and the evaluation results obtained can be visualized through graphs. It is concluded that the evaluation of the technology application innovation industry (ITAI) enterprise's innovation power by using the cloud modeling method can reflect the current level of the ITAI enterprise's innovation power more realistically, which is helpful to find out the innovation path of the ITAI enterprise.

The Impact of Digital Transformation on Enterprise Innovation: Based on The Empirical Analysis of Listed Companies

Based on the 2011-2020 Digital Finance Index and the data of Shanghai and Shenzhen A-share listed companies, the panel fixed utility model is used to investigate how the digital transformation of companies affects the innovation ability of enterprises. The research finds that the digital transformation of enterprises can have a significant positive effect on the improvement of the innovation and innovation ability of enterprises. The digital transformation of enterprises can promote the improvement of the innovation ability of enterprises by affecting the financing constraints, and then enable the innovation of enterprises；further research finds that enterprise digital transformation has a more significant positive effect on the innovation ability of private enterprises.

The Impact of Government Subsidies on Enterprise Innovation Ability

With the global environmental pollution problem increasingly serious, green development has become a general trend. Under this kind of background, new energy vehicles, as an important tool to promote sustainable transportation and facilitate the transformation of the energy structure, have become an important development direction of the global automobile industry. In the initial stage of development, new energy vehicle enterprises are unable to open the consumer market due to their high research and development cost and limited technology. However, since 2009, China’s central finance has given subsidies and support for the production to the promotion and application of new energy vehicles. This paper analyzes the positive and negative effects of Chinese government subsidies on the innovation ability of new energy vehicle enterprises, and thus I put forward relevant suggestions.