Does global value chain position affect innovation performance of China’s high-tech industries?

Yang, Nana; Liu, Qiming; Qian, Furong; Wang, Xinglong

doi:10.1108/cms-08-2021-0363

Cited by 2 publications

(1 citation statement)

References 75 publications

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“…When compared with non‐high‐tech enterprises, high‐tech enterprises possess characteristics that include intensive knowledge and technological resources, often resulting in higher levels of innovation (Yang et al., 2023). Consequently, we delve into examining the influence of different types of enterprises joining alien merchant chambers on enterprise innovation.…”

Section: Further Analysismentioning

confidence: 99%

Alien merchant chambers and enterprise innovation: Evidence from China

Zhou,

Zhao

2023

American J Econ Sociol

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Based on social capital theory, this paper aims to investigate the impact of member enterprises of alien merchant chambers on enterprise innovation, within A‐share listed companies on the Shanghai and Shenzhen Stock Exchanges of China from 2010 to 2020. Additionally, the study seeks to explore the role played by social capital resulting from participation in these alien merchant chambers. Furthermore, we delve into the moderating effects of the number of alien merchant chambers and the degree of marketization in the enterprise's location. Moreover, we analyze the influence of heterogeneity in firm ownership and firm type. Our findings reveal that member enterprises of alien merchant chambers can increase their social capital and consequently promoting innovation; both the quantity of alien merchant chambers and the level of marketization in an enterprise's location positively influence this enhancement. Furthermore, the impact of state‐owned enterprises and non‐high‐tech enterprises on enterprise innovation, following their engagement with alien merchant chambers, surpasses that of non‐state‐owned enterprises and high‐tech enterprises. This research bridges the gap in understanding the corporate governance implications of alien merchant chambers, provides empirical evidence concerning Chinese alien merchant chambers, and addresses inquiries regarding the influence of merchant chambers' social capital. Additionally, it proposes a novel approach for listed companies to overcome resource constraints and to collaboratively pursue development, especially in light of the challenges posed by the COVID‐19 pandemic.

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Section: Further Analysismentioning

confidence: 99%

Alien merchant chambers and enterprise innovation: Evidence from China

Zhou,

Zhao

2023

American J Econ Sociol

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Managerial ability, digital transformation and innovation efficiency: empirical evidence from Chinese manufacturing listed companies

Shan,

Ko,

Wang

et al. 2024

CMS

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Purpose This study aims to examine the relationship between managerial ability and innovation efficiency, the mediating effect of digital transformation and the moderating effect of internal control. Design/methodology/approach This study collected A-share manufacturing listed companies in China from 2008 to 2019 and analyzed the data by means of multiple regression analysis, mediating effect test, moderating effect test and heterogeneity test. Finally, the authors conducted robustness test by remeasuring key variables and adding control variables. Findings The empirical results show that the higher managerial ability can improve innovation efficiency, internal control has a positive moderating effect and digital transformation plays a partial mediating effect on the relationship between managerial ability and innovation efficiency. Specially, it is found that the mediating effect of digital transformation is not significant in non-state-owned firms. Practical implications This study suggests that it is necessary to focus on the managerial ability in terms of both cultivation and supervision, to further deepen the digital transformation from the aspects of firms, government and society, especially to support the digital transformation of non-state-owned firms, and to make efforts to improve the corporate governance mechanism and internal control system, so as to better comprehensively realize the improvement of enterprise innovation efficiency. Originality/value Based on the mediating effect analysis of digital transformation and the moderating effect analysis of internal control, this study explores the role of managerial ability on innovation efficiency from a new perspective, expanding the related theoretical framework and research boundaries.

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Does global value chain position affect innovation performance of China’s high-tech industries?

Cited by 2 publications

References 75 publications

Alien merchant chambers and enterprise innovation: Evidence from China

Alien merchant chambers and enterprise innovation: Evidence from China

Managerial ability, digital transformation and innovation efficiency: empirical evidence from Chinese manufacturing listed companies

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