Innovation Productivity Research Articles

Production Outsourcing and Innovation: Evidence from China’s Pharmaceutical Industry

Production Outsourcing and Innovation: Evidence from China’s Pharmaceutical Industry

Technical and technological level of domestic agricultural production in the context of European integration processes

Purpose. To study the level of technical equipment of domestic agricultural production and investment and innovation support for its development in the context of European integration processes. Methods. Monographic, system analysis, abstract and logical. Results. Based on the results of an analytical study of the current state of the technical and technological base of domestic agro-industrial enterprises, the current model of agriculture in Ukraine is defined as industrial. In contrast, the leading European countries are characterised by post-industrial (innovative) agricultural production. Conclusions. The prospects of Ukraine‘s accession to the European space necessitate the development of a high-tech domestic agriculture based on the principles of sustainable development, which will ensure competitiveness and efficient agricultural business based on innovative production technologies and a modern machine and tractor fleet for their implementation. The development of a qualitatively new model of agriculture in Ukraine requires the development of a state strategy for updating the technical and technological base of agricultural production, which should outline the guidelines and priorities of domestic machine building for the agro-industrial complex. Keywords: agriculture, high-tech production, technical and technological base, sustainable development, competitiveness, innovation.

Artificial Intelligence and Economic Dynamics: Shaping the Future of Industries and Markets

This article takes a comprehensive look at the critical role that artificial intelligence (AI) plays in driving economic growth across industries. Through meticulous analysis and insightful observations, it illustrates the transformative impact of artificial intelligence on production, services, education, and healthcare. In addition, it also provides an in-depth study of the core technologies driving AI adoption, the emerging scale of the AI industry, and the market share it occupies. It emphasized the positive impact of artificial intelligence on production efficiency, innovation, resource allocation and industrial upgrading, while also solving related challenges such as data privacy and job loss. Finally, feasible policy recommendations for leveraging the potential of artificial intelligence to promote sustainable economic development are proposed.

A Study on the Effect of RMB Exchange Rate Fluctuation on Technological Innovation and Total Factor Productivity

A Study on the Effect of RMB Exchange Rate Fluctuation on Technological Innovation and Total Factor Productivity

Digital economy, technological innovation and carbon productivity

Digital development has become increasingly important in mitigating the pressure on carbon emissions. This paper uses the data of 30 provinces in China from 2010 to 2019, introduces the intermediary effect model, builds a theoretical framework for the technological innovation, carbon, digital economy, and empirically tests the mechanism of the three. The research finds that: (1) Digital economy and technological innovation have a strong positive impact on the improvement of carbon productivity, and the impact of digital economy is significantly higher than that of technological innovation. (2) As an intermediary variable, innovation is the core transmission channel for digital economy to develop China's carbon productivity, effectively transmitting the impact of digital economy development to carbon productivity. (3) The impact of digital economy on carbon productivity in different regions is different. The most obvious impact is in the east.

Cluster Policy, Innovation, and Firm Productivity. An Econometric Assessment of the Flemish Spearhead Cluster Program

Cluster Policy, Innovation, and Firm Productivity. An Econometric Assessment of the Flemish Spearhead Cluster Program

Educational Productivity Innovation in the Context of Digital Transformation: An Exploration of ChatGPT’s Empowerment Path in the Education Field

Educational Productivity Innovation in the Context of Digital Transformation: An Exploration of ChatGPT’s Empowerment Path in the Education Field

MageMemo

This paper presents MageMemo, an innovative productivity tool that integrates gamification and fantasy storytelling to enhance user engagement in task management. Traditional productivity applications often struggle to sustain long-term user interest, decreasing effectiveness over time. MageMemo addresses this challenge by creating a captivating experience where users earn achievements, level up, and uncover an unfolding narrative as they complete real-life tasks. By combining principles of Human-Computer Interaction (HCI) with a compelling fantasy theme, MageMemo offers a novel approach to improving productivity and motivation. The design methodology, technical implementation, and evaluation metrics are outlined in developing MageMemo, providing insights into its progression and potential to revolutionize how people use task management applications.

AGING ACROSS THE LIFE COURSE: RESEARCH COLLECTIONS AVAILABLE FROM THE NATIONAL ARCHIVE OF COMPUTERIZED DATA ON AGING

Abstract Creating and maintaining sustainable data archives can be challenging but offers clear advantages. Properly curated data can be used by multiple researchers, testing a variety of hypotheses and increasing the return on investment to the expensive data collection process. An internally managed archival system also provides greater control and autonomy in the equitable distribution of data resources. This process ensures all researchers will fully use the data for original research, teaching, and new directions once the data leaves the control of the local investigator. This poster reviews the advantages of a local strategy for preserving and sharing gerontological research data. Using the National Archive of Computerized Data on Aging (NACDA) as a working example, the poster offers an overview of collections at NACDA. Using our metadata tools and variable search database, NACDA can identify studies in its collections that examine aspects of aging and health among adults during their lifecourse. Many of the studies are longitudinal or repeat-measure cross-sectional studies. We can also identify studies that focus on aging not maintained by NACDA that are available to interested researchers. Using a strategy of archival preservation combined with a strong focus on productive research Innovation in Aging, NACDA has amassed data and metadata covering a wide array of studies worldwide that address the aging lifecourse. Because our collections are multinational, we share these data at no cost to interested users worldwide.

How does ESG performance affect green transformation of resource-based enterprises: Evidence from Chinese listed enterprises

Resource-based industries face greater environmental constraints and transformation dilemmas than other industries do; their green transformation is of great significance to sustainable development and green recovery. Despite this, few studies have examined the impact of ESG performance on the green transformation of resource-based enterprises. Therefore, this study investigates the impact and mechanism of ESG performance on the green transformation of resource-based enterprises using data of Chinese listed enterprises between 2009 and 2022. The main findings are as follows. First, ESG performance has a significant positive impact on green innovation and total factor productivity (TFP) of resource-based enterprises; they are conducive to green transformation. Furthermore, heterogeneity is observed in enterprises' ownership, size, subsector type, and sector competitiveness. Second, mechanism analysis reveals that R&D investment and risk-taking levels of resource-based enterprises are important channels through which ESG performance promotes green transformation. Additionally, employees' innovation efficiency and executives’ environmental awareness are important mechanisms through which ESG performance promotes green innovation and TFP of resource-based enterprises, respectively. Third, further analysis suggests that ESG performance plays a dual role of “incremental improvement” in green innovation. Additionally, ESG uncertainty weakens the promoting effect of ESG performance on green transformation.

Emotions and inventor productivity: Evidence from terrorist attacks

AbstractWe examine whether the emotional shocks associated with terrorist attacks affect local inventors' productivity. We find that high‐fatality attacks make inventors less innovative, and low‐fatality attacks make them more innovative. Inventors living in high risk‐taking environments have greater increase in productivity following low‐fatality attacks, while less decrease in productivity following high‐fatality attacks. Further, the effect of terrorist attacks on inventor productivity comes mainly from exploratory innovation which involves more risks. Inventors affected by high‐fatality attacks are also more likely to move to places without any significant terrorist attack history, but there is no such effect for low‐fatality attacks.

The effect of industrial robot adoption on firm value: Evidence from China

This study examines the effect of automated production technology on firm value. Examining evidence from listed Chinese manufacturing companies from 2012 to 2019, our findings show that industrial robot adoption increases firm value, and the effect is more pronounced in labor-intensive industries, private companies, and firms with executive shareholding. Possible mechanisms include operating performance improvement, effective tax rate reduction, net profit margin increase, and agency cost mitigation. This study contributes to a comprehensive evaluation of the overall impact of automation on firms and deepens the understanding of the productivity innovation drivers of firm value.

Green credit policy, market concentration and green innovation: Empirical evidence from local governments’ regulatory practice in China

This paper investigates the impact of China's environmental regulations, with a focus on the green credit policy, on green innovation in pursuit of the “carbon peak and carbon neutrality” goal. Given the implementation of the 2012 Green Credit Guidelines, this paper employs the Difference-in-Difference Method (DID) and conducts a quasi-natural experiment to empirically examine the interactions among the central government, local governments, and high-pollution and high-emission enterprises by exploring the impact of green credit policies on green innovation of these enterprises. Relying on 4503 samples of 237 high-pollution and high-emission enterprises listed in the main board in China from 2003 to 2021, this study reveals that the green credit policy can improve green innovation of these enterprises. Specifically, this study explores the detailed mechanism through which the green credit policy enables these enterprises to increase their market concentration and then the monopoly profits, which in turn promotes their green innovative productivity. In addition, this paper also reveals how local governments' political and financial incentives may serve as positive and negative moderating factors, respectively, within the impact mechanism. This study has valuable implications for how to effectively formulate and implement environmental regulations by balancing the interests of the central government, local governments and enterprises.

Adoption of innovation and farm productivity in the Sudano-Saharan zone in Cameroon

Adoption of innovation and farm productivity in the Sudano-Saharan zone in Cameroon

Digital innovation, investment efficiency and total factor productivity: evidence from enterprise digital patents

ABSTRACT In the era of the digital economy, enterprises face the imperative of engaging in digital innovation to effectively respond to market competition. As total factor productivity (TFP) is a critical indicator of evaluating an enterprise’s sustainable development goals, this study examines the causal relationship between digital innovation and TFP using digital patent data from listed Chinese companies between 2010 and 2021. The findings reveal a positive and robust relationship between digital innovation and TFP. The channel analysis demonstrates that digital innovation enhances TFP by curbing excess investment, thereby confirming the micro mechanism of digital innovation → investment efficiency → TFP. The heterogeneity analysis reveals that the positive impact of digital innovation on TFP is particularly prominent in capital-intensive industries, large-scale enterprises, and state-owned enterprises. Additionally, digital innovation is found to have a positive influence on TFP across the stages of an enterprise’s lifecycle. This study contributes to the literature by expanding the understanding of the economic consequences of digital innovation for businesses, particularly from the perspective of digital patents, enriches the literature on enhancing TFP, and provides valuable insights for enterprises seeking to achieve their sustainable development goals.

Analysing of the territorial competitiveness index in Izmir through dynamic model

Transition towards more sustainable and resilient economies is crucial to provide sustainable economic development by considering environmental protection and social well-being. There is an increasing focus on the concept of territorial competitiveness that encompasses the aspects of environmental, social, and economic sustainability. Thus, this study aims to analyse the factors affecting the territorial competitiveness index in the Izmir town. To facilitate a comprehensive analysis of the factors that impact territorial competitiveness, a systematic approach is employed through the use of a system dynamic model. This model enables the exploration of the complex and dynamic relationships between key parameters, providing insights into their interdependencies and how they cooperatively influence the territorial competitiveness index. The results show that Gross Domestic Product growth rate, renewable energy production and technology innovation index is increased rapidly. This increase caused by development of social well-being in the region. However, sustainable land use and waste is decreased and therefore CO2 is increased in the 2010 and 2027. Besides, territorial competitiveness index is expected to increase till 2027 since subsidies in energy and material (re)use, efficient use of resources (circular economy), achievement of economic development and technological investments. Governments and businesses should adopt sustainable strategies for improving territorial competitiveness index and balancing economic growth with environmental protection and social welfare in the regional context.

Research on the Micro-Driving Mechanism of Digital Finance on the Green Technology Innovation of Chinese Enterprises

Green technology innovation is an important driving force for the sustainable development of Chinese enterprises, and digital finance can play a huge driving role in the green technology innovation of enterprises. Digital finance is the current trend of financial innovation, which can promote the comprehensive development of economy and society. Digital finance has played a certain driving role in the green technology innovation of Chinese enterprises, but there are still many deficiencies. The empirical research discusses the micro driving mechanism of digital finance for green technology innovation of Chinese enterprises, finds the shortcomings and puts forward the direction of improvement, so as to more effectively realize the driving value of digital finance to green technology innovation of enterprises. It is found that the driving function of digital finance is significantly higher than that of digital finance application; digital finance has significant driving function of green design innovation and green product innovation, but green production innovation is weak. The regulating function of digital level and corporate social responsibility exist, but has not been fully played. The digital finance driving function of enterprises in eastern region is significantly higher than that of central and western enterprises, and the digital finance driving function of medium-sized enterprises is significantly higher than that of large and small enterprises.

Pemberdayaan UMKM Halal melalui Kawasan Ekonomi Khusus (KEK) Pekalongan: Meraih Daya Saing Global Melalui Inovasi dan Kolaborasi

Halal SMEs in Pekalongan need to adopt a more progressive approach to remain relevant and competitive. Innovation is not just a concept but also an urgent necessity to enhance products, production processes, and marketing strategies. Halal SMEs in Pekalongan should view innovation as the key to improving their competitiveness globally. Empowering Halal SMEs through the Pekalongan Halal Special Economic Zone (KEK) should be the main focus in the strategic plan and regional economic development. This research utilizes qualitative descriptive research with an exploratory approach. It is also a type of literature study. The results of this literature review illustrate the importance of empowering Halal SMEs to achieve global competitiveness through innovation and collaboration. In the context of empowerment, crucial aspects include capital, education, training, and financial support, needed to enable SMEs to develop their production capacity and innovation. Furthermore, the Pekalongan Halal KEK plays a significant role as a facilitator of the growth of the halal economic sector. The KEK provides incentives, infrastructure, and strict regulations that encourage transparency and access to the global market for halal products.

Nexus Between Knowledge Management Capacity Building and Organization Productivity of Sugar Companies in Kenya

Performance of manufacturing firms has been highly influenced by macro environmental factors ranging from political instability and socio-economic factors. As a result, knowledge management has increasingly become crucial in reducing the impact on both internal and external factors. The study aimed to determine the relationship between knowledge management capacity building and productivity of sugar companies in Kenya. The study assessed the moderating effect of transformational leadership on the relationship between capacity building and the productivity of sugar companies. This was anchored on the theory of change which explains the need for knowledge management in managing business dynamic external environment. The study adopted a positivist research philosophy and correlational research designs. Questionnaires were administered in a census survey to 218 managers working in 8 sugar companies in Kenya. Mean and standard deviation was utilized with frequencies as descriptive statistics. A simple regression was adopted to establish the relationship between knowledge management capacity building and productivity of firms. The finding revealed that the sugar firms shared knowledge, however, there was need to improve knowledge management system, knowledge retrieval and knowledge acquisition. There was significant relationship between innovative capacity building and productivity. The study concludes that there was statistically significant relationship between knowledge management capacity building and organization productivity. It is recommended that there is a need to improve the knowledge management system and policies to enhance productivity of organizations

Government venture capital and innovation performance in alternative energy production: The moderating role of environmental regulation and capital market activity

Energy shortages and environmental concerns have prompted governments to focus on alternative energy production innovation. Although studies examine the association between government venture capital and green innovation, there remains a gap in understanding how the different characteristics of government venture capital affect innovation. This study examines the effects of government venture capital on the innovation performance of alternative energy production. Using negative binominal regression and system generalised method of moments models with data from 30 provinces in China for the period spanning from 2003 to 2019, we find that government venture capital exerts an inverted U-shaped effect on the innovation performance of alternative energy production. In addition, environmental regulation strengthens this inverted U-shaped effect, while capital market activity alleviates it. Moreover, we confirm that government venture capital affects alternative energy production innovation through the R&D investment channel. Our study enriches the resource-based view, agency theory and the institution-based view by shedding light on how the different characteristics of government venture capital affect alternative energy production innovation. The findings suggest that policymakers should strike a balance between government intervention and market mechanisms.