The Path Research on the Stimulation of the Business Environment for the Innovation of Science and Technology Innovation Board Enterprises under the Configuration Perspective
Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v6i2.3973
Abstract
Based on the data of listed companies in the Science and Technology Innovation Board from 2021 to 2023, this article uses the QCA method to investigate the operation mechanism of the business environment affecting the improvement of enterprise innovation capability from a configurational perspective. The results show that: a single business environment factor not a necessary condition for the generation of high innovation capability; there are four paths to generate high innovation capability, including human-led, dual-drive of legal and political, human for local matching, and innovation-driven market assistance. Finally, a series of targeted suggestions are given to further optimize the business environment and help improve the steady enhancement of enterprise innovation.
Keywords
business environment, configuration, innovation ability
Full Text
PDF - Viewed/Downloaded: 0 TimesReferences
[1]Wang S,Zhang R,Wan L.Business environment optimization and regional green innovation: evidence from Chinese provinces[J].Journal of Environmental Planning and Management,2025,68(6):1337-1362.
[2]Hou B,Hong J,Wang H,et al.Academia-Industry Collaboration,Government Funding and Innovation Efficiency in Chinese industrial Enterprises[J].Technology Analysis & Strategic Management,2019,31(6):692-706.
[3]Guo D,Guo Y,Jiang K.Government-Subsidized R&D and Firm Lnnovation:Evidence from China[J].Socialscience Electronic Publishing,2016,45(6):1129-1144.
[4]Hsieh C,Klenow J P.Misallocation and Manufacturing TFP in China and India[J].The Quarterly Journal of Economics,2009,124(4):1403-1448.
[5]Wang Z.,Jia H.F.,Xu T.,et al.Manufacturing Industrial Structure and Pollutant Emission:An Empirical Study of China[J].Journal of Cleaner Production,2018,197:462-471.
[6]Bernstein S.,Giroud X.,Townsend R.R.The Impact of Venture Capital Monitoring[J].The Journal of Finance,2016,71(4):1591-1622.
[7]Chemmanur T.J.,Loutskina E.,Tian X.Corporate Venture Capital,Value Creation,and Innovation[J].Review of Financial Studies,2014,27(8):2434-2473.
[8]Sun L,Shen J,Zhai J, et al.Business environment, financing constraints and enterprise innovation investment[J].Finance Research Letters,2024,70106310-106310.
[9]Kianto A.,Sáenz J.,Aramburu N.Knowledge-based Human Resource Management Practices,Intellectual Capital and Innovation[J].Journal of Business Research,2017,81:11-20.
[10]Abrams D. Did TRIPS Spur Innovation? An Empirical Analysis of Patent Duration and Incentives to Innovate[J]. University of Pennsylvania Law Review, 2009,157(6).
[11]Galasso A, Luo H. Tort Reform and Innovation[J]. Journal of Law and Economics,2017,60(3).
[12]Hu A, Jefferson G. A Great Wall of Patents:What is Behind China’s Recent Patent Explosion?[J].Journal of Development Economics,2009,90(1).
[13]Furnari S.,Crilly D.,Misangyi V.F.,et al.Capturing Causal Complexity:Heuristics for Configurational Theorizing[J].Academy of Management Review,2021,46(4):778-799.
[14]Li Z. J. (2019). Evaluation of China’s urban business environment. China Development Publishing House.
[15]Crilly D.,Zollo M.,Hansen M.T.Faking It or Muddling through?Understanding Decoupling in Response to Stakeholder Pressures[J].Academy of Management Journal,2012,55(6):1429-1448.
[16]Greckhamer T.Ceo Compensation in Relation to Worker Compensation Across Countries:The Configurational Impact of Country-Level Institutions[J].Strategic Management Journal,2016,37(4):793-815.
[17]Dul J.,Van der Laan E.,Kuik R.A Statistical Significance Test for Necessary Condition Analysis[J].Organizational Research Methods,2020,23(2):385-395.
[2]Hou B,Hong J,Wang H,et al.Academia-Industry Collaboration,Government Funding and Innovation Efficiency in Chinese industrial Enterprises[J].Technology Analysis & Strategic Management,2019,31(6):692-706.
[3]Guo D,Guo Y,Jiang K.Government-Subsidized R&D and Firm Lnnovation:Evidence from China[J].Socialscience Electronic Publishing,2016,45(6):1129-1144.
[4]Hsieh C,Klenow J P.Misallocation and Manufacturing TFP in China and India[J].The Quarterly Journal of Economics,2009,124(4):1403-1448.
[5]Wang Z.,Jia H.F.,Xu T.,et al.Manufacturing Industrial Structure and Pollutant Emission:An Empirical Study of China[J].Journal of Cleaner Production,2018,197:462-471.
[6]Bernstein S.,Giroud X.,Townsend R.R.The Impact of Venture Capital Monitoring[J].The Journal of Finance,2016,71(4):1591-1622.
[7]Chemmanur T.J.,Loutskina E.,Tian X.Corporate Venture Capital,Value Creation,and Innovation[J].Review of Financial Studies,2014,27(8):2434-2473.
[8]Sun L,Shen J,Zhai J, et al.Business environment, financing constraints and enterprise innovation investment[J].Finance Research Letters,2024,70106310-106310.
[9]Kianto A.,Sáenz J.,Aramburu N.Knowledge-based Human Resource Management Practices,Intellectual Capital and Innovation[J].Journal of Business Research,2017,81:11-20.
[10]Abrams D. Did TRIPS Spur Innovation? An Empirical Analysis of Patent Duration and Incentives to Innovate[J]. University of Pennsylvania Law Review, 2009,157(6).
[11]Galasso A, Luo H. Tort Reform and Innovation[J]. Journal of Law and Economics,2017,60(3).
[12]Hu A, Jefferson G. A Great Wall of Patents:What is Behind China’s Recent Patent Explosion?[J].Journal of Development Economics,2009,90(1).
[13]Furnari S.,Crilly D.,Misangyi V.F.,et al.Capturing Causal Complexity:Heuristics for Configurational Theorizing[J].Academy of Management Review,2021,46(4):778-799.
[14]Li Z. J. (2019). Evaluation of China’s urban business environment. China Development Publishing House.
[15]Crilly D.,Zollo M.,Hansen M.T.Faking It or Muddling through?Understanding Decoupling in Response to Stakeholder Pressures[J].Academy of Management Journal,2012,55(6):1429-1448.
[16]Greckhamer T.Ceo Compensation in Relation to Worker Compensation Across Countries:The Configurational Impact of Country-Level Institutions[J].Strategic Management Journal,2016,37(4):793-815.
[17]Dul J.,Van der Laan E.,Kuik R.A Statistical Significance Test for Necessary Condition Analysis[J].Organizational Research Methods,2020,23(2):385-395.
Copyright © 2025 Minghui Wang
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
