Does just‐in‐time adoption have an impact on corporate innovation: evidence from China

Abstract

The just‐in‐time (JIT) system has drawn wide concern as a method of cost management. This paper investigates the effect of JIT adoption on corporate innovation. Using unique data manually collected of Chinese listed firms from 2007 to 2019, we find JIT adoption can promote innovation investment and output. Further evidence shows that customer and supplier concentration as well as market monopoly have moderate effect on the relationship of JIT adoption and corporate innovation. This paper makes a contribution to literature by identifying the positive effect of JIT on corporate innovation and provide strong convincing evidence to support the adoption of JIT.

Corporate green innovation and stock liquidity in China

“…The CSMAR database is a major stock market data provider in China and offers detailed information, including financial information, governance information, capital market liquidity information, and so on, thereby allowing us to perform in‐depth mechanistic tests and heterogeneity analyses. Furthermore, the CSMAR database was widely used by existing studies (Hao et al, 2022; Li et al, 2022; Li & Li, 2022; Zhang et al, 2019). Another firm‐level database that is widely used to assess the green development of Chinese enterprises is the Chinese Industrial Enterprises (CIE) database (Du & Li, 2020, 2021; Lin & Xu, 2022; Liu et al, 2017).…”

Digital Transformation, Business Risk and Firm Value

“…This paper selects the relevant financial data of A-share listed enterprises from 2009-2019 as the research sample, following the established empirical research practice, and treats the sample as follows: (1) Excluding the data of financial listed enterprises such as banks, insurance and securities. (2) Excluding ST and *ST enterprises.…”

“…"The 14th Five-Year Plan and the 2035 Vision outline both propose to "promote the deep integration of digital technology and the real economy". Digitization has become the development trend of economy and society, and digital transformation has become the necessary road for future enterprise development [1]. Especially now that the epidemic has resumed and many companies are at risk of closing down, they need to find new ways to grow.…”