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  • Peng Shen, Jin Gong, Lidan Tan
    Journal of Technology Economics. 2024, 43(2): 1-9.

    Based on the digital service trade data of major OECD countries and China from 2009 to 2021, according to the calculation of their digital service trade Market Share, Trade Competitiveness Index, and Revealed Comparative Advantage Index, thoroughly analyzing the overall competitiveness and sub industry competitiveness of digital service trade in these countries, the influencing factors of digital service trade competitiveness were analyzed using a bidirectional fixed effects model. Research has shown that human capital, economic development level, internet development scale, and research and development level in the service industry in these countries have a significant positive impact on the competitiveness of digital service trade, while foreign direct investment has an insignificant inhibitory effect. In this regard, China should base itself on the advantages of traditional trade in goods and drive digital service trade to "overtake on curves". Increase investment in digital technology research and development, and utilize technology to empower efficiency changes in the digital service trade industry; Strengthen the construction of digital infrastructure and consolidate the foundation for the development of digital service trade. Increase talent cultivation in the digital service industry and strengthen intellectual support for the industry.

  • Jinsheng Zhu, Kechen Guo
    Journal of Technology Economics. 2024, 43(2): 10-21.

    How to promote high-quality full employment through digital trade in the new development stage has attracted much attention. Based on the panel data of 30 provinces (municipalities and autonomous regions) (Due to the lack of data, the statistical data mentioned here do not include the Tibet Autonomous Region, the Hong Kong Special Administrative Region, the Macao Special Administrative Region and Taiwan Province.) in China from 2013 to 2020, the development level of digital trade and high-quality full employment was measured by using the entropy method. It theoretically explains and empirically tests the impact of digital trade on high-quality full employment and its mechanism. The research shows that digital trade has a significant role in promoting high-quality full employment during the investigation period, and the conclusion remains robust after considering endogeneity. The results of mechanism test reveal that the upgrading of industrial structure and the accumulation of human capital play an important role as intermediary channels from the demand and supply side of labor force respectively. Threshold analysis shows that the higher the level of digital trade, the stronger the promotion of high-quality full employment. The spatial spillover test found that the development of local digital trade has a positive spillover effect on neighboring employment. In the heterogeneity test, digital trade plays a greater role in promoting high-quality employment than full employment, and its role in the eastern region is stronger than that in the central and western regions. The research conclusions provide theoretical basis, empirical support and policy reference for a more comprehensive study of the impact of digital trade on high-quality full employment.

  • Yue Sun, Yong Hong
    Journal of Technology Economics. 2024, 43(2): 68-78.

    Cross-border merger and acquisition (M&A) is considered as an effective shortcut for enterprises in latecomer countries to obtain innovative resources and realize technological catch-up. Formal ownership of the M&A resources does not equate to technological capability enhancement, the effective internalization of M&A resources can support the technological capability leap of latecomers. However, the literature lacks sufficient theoretical explanation for the resource integration mechanism of "M&A-technological catch-up". Using a longitudinal single case study design, the M&A integration practice between Shenyang Machine Tool Group and SCHIESS is taken as the research sample, based on the conceptual system of "intellectual capital" which is closely related to organizational technological transfer and innovation, the internal mechanism of "intellectual capital integration-technological catch-up" based on M&A was studied. The research results show that technological catch-up based on M&A follows the path of "absorption and imitation-integration and creation-dominant and leading". The integration of intellectual capital shows the dynamic evolution of "human capital integration dominant-social capital integration dominant-organization capital integration dominant". The integration effect of M&A catch-up shows the dynamic change of "reverse absorption effect-diversity fusion effect-ability reconstruction effect".

  • Ying Han, Xiaohui Xu
    Journal of Technology Economics. 2024, 43(2): 79-91.

    Focused on digital platforms and their ecosystems, platform economy is both a key path for the development of digital economy and plays a basic function in driving the growth of real economy. Based on the dialog between digital platform-based ecosystem view and social network theory, Ant Group's digital platform financial ecosystem was analyzed vertically for its network empowerment, value co-creation, and the interaction mechanism between them. It is found that digital platform financial ecosystem takes platform network as the enabling foundation for value co-creation, with network empowerment promoting value co-creation and then pushing back a new round of network empowerment. Therefore, a spiraling positive feedback loop is formed by following the path of "platform network I-network empowerment-co-creation value output-platform network II-network empowerment optimization", which contributes to the dynamic evolution of ecosystem. As this paper deepens the study on empowerment mechanism behind evolution of digital platform financial ecosystem in stages and continuity, it is enlightened for platform economy to fully develop and enable the integration between digital and real economy.

  • Shuhong Wang, Qing Lu, Lishan Zhang
    Journal of Technology Economics. 2024, 43(2): 118-128.

    More and more enterprises begin to adopt open and shared office space design, and one of the key problems caused by open and shared office space design is the lack of privacy. Based on the affective event theory, it has conducted a two-stage questionnaire survey of 210 employees with a two-week interval to explore how the lack of privacy in the workplace affects employees' work disengagement behavior through negative emotions. Finally, It was found that the lack of privacy in the workplace has a significant positive impact on employees' work disengagement behavior, and negative emotions play a partial mediating role between the two. In addition, the control point moderated the relationship between workplace privacy deficit and negative emotion: compared with the internal control point individual, the external control point individuals were more likely to be negatively affected by the lack of privacy in the workplace, and their negative emotions increased more obviously, and the impact on work disengagement behavior was also stronger.

  • Yiqiu Wang, Zhichao Gu
    Journal of Technology Economics. 2024, 43(2): 129-145.

    Will the practice of ESG by enterprises exacerbate bankruptcy risks due to resource occupation, resulting in factual outcomes that directly contradict ESG's original concept of sustainable development? In this regard, Chinese A-share listed companies was taken as the research object and conducts empirical testing. Based on the widely studied relationship between ESG and corporate returns, it further balances the risks and benefits brought by improving ESG to enterprises from the perspective of bankruptcy risk. Research has found that improving ESG performance of enterprises can reduce agency costs, alleviate financing constraints, and effectively alleviate bankruptcy risks. And this effect is more evident in private enterprises, enterprises with high executive shareholding ratios and high degree of marketization in their locations. Higher ESG rating fluctuations will reduce the original bankruptcy risk reduction effect of ESG performance, reflecting the obvious instability of ESG ratings, which will weaken the effect of improving ESG performance by releasing positive information to the market and winning the support of stakeholders. It suggests that enterprises actively implement the ESG concept, the government accelerates the progress of improving the ESG related information disclosure system for enterprises, and the public provides more support and attention to enterprises that actively undertake social responsibility, aiming to help form a harmonious and stable social environment and promote enterprises to practice the ESG concept.

  • Biao Luo, Mingyu Li
    Journal of Technology Economics. 2024, 43(2): 106-117.

    In the context of the national strategic goal of innovation-driven high-quality development, binary innovation is an important strategic choice for enterprises to realize long-term development and maintain business performance. However, not all managers as strategic decision makers of enterprises have long-term strategic vision. Based on the high-order echelon theory and time-oriented theory, China's A-share listed companies was selected as the research object, the relationship between managerial myopia and corporate binary innovation was explored, and the moderating effects of managerial freedom and environmental uncertainty on it was empirically tested. It is found that managerial myopia significantly inhibits firms' binary innovation. Managerial freedom strengthens the inhibitory effect of managerial myopia on firms' binary innovation. And environmental uncertainty weakens the inhibitory effect of managerial myopia on firms' binary innovation. By expanding the correlation between managerial myopia and corporate binary innovation, this paper has some practical implications for the appointment of high-level managerial talents and the strategic choices of enterprises.

  • Fa Han, Wei Zhang
    Journal of Technology Economics. 2024, 43(2): 33-45.

    With the return of Huawei Mate60 Pro, domestic consumers' enthusiasm for domestic trendy brands has been reignited. At the same time, the sales volume of domestic products on major e-commerce platforms has grown rapidly in recent years. Domestic-trendy-brands activity , online store pre-sales and live sales have become important ways for consumers to purchase domestic products. However, it is crucial to explore how to utilizing the platform economy and the power of e-commerce to transform consumers' enthusiasm into consumption habits and encourage consumers to form a normalized purchasing willingness. The grounded theory and partial least-square quantitative analysis method are the main research methods to verify the intermediary role of e-commerce platforms in promoting the formation of domestic consumption habits. The results suggests that e-commerce platforms should focus on satisfying consumers' spiritual pursuits based on Chinese culture when carrying out domestic sales activities. The results obtained by this study lays a theoretical foundation for future practices and fills the gaps in related research.

  • Junmin Wu, Jiali Qian
    Journal of Technology Economics. 2024, 43(2): 22-32.

    The dual integration policy has promoted the transformation of the new energy vehicle market layout, and for automobile enterprises, collaborative innovation was conducive to enhance international core competitiveness of innovation ability. In this context, a tripartite game matrix of new energy vehicle enterprises, traditional vehicle enterprises and the government was built, and the influence of relevant parameters on that tripartite game was studied through MATLAB numerical simulation. There are three conclusions auto companies always choose collaborative innovation, but their willingness towards collaborative innovation is affected by the average income of new energy vehicles, the total number of orders in the new energy vehicle market, and the grabbing of market share. In the context of the dual points policy, the government has shifted from the direct leader to the indirect supervisor, and the strategy choice of auto enterprises is nearly not affected by the government incentives. The government's willingness to participate in collaborative innovation becomes stronger with the growth of the average income of new energy vehicles, the NEV points income of auto enterprises, the total number of market orders and the corporate income tax rate, while it becomes weaker with the growth of incentive costs and supervision costs. The research will contribute to the precise implementation of high-quality and sustainable development of China's new energy vehicle industry under the dual integration policy.

  • Xiumin Li, Zishuo Chen, Yaqi Chen
    Journal of Technology Economics. 2024, 43(1): 73-87.

    As an important component of the "Digital China" strategy, whether enterprise digital transformation can bring positive financial returns has become a key concern in the industry. Using Chinese A-share listed companies from 2010 to 2022 as the research sample, the quantity of digital technology patents held by listed companies was innovatively employed to measure digital transformation. The impact mechanisms of digital transformation on financial performance were meticulously analyzed. It is found that digital transformation can effectively enhance financial performance, and this conclusion still holds after rigorous testing. Financial performance is improved through digital transformation by increasing operational efficiency, optimizing internal governance, reducing operational risks and information asymmetry, and alleviating financing constraints. The higher the degree of transformation for large enterprises, the stronger the promotion of financial performance. Whether achieved through independent research and development or introduction methods, digital transformation significantly promotes financial performance. However, for small and medium-sized enterprises, there exists an inverted U-shaped relationship between digital transformation and financial performance, with the introduction method proving more effective in enhancing financial performance. For companies in financial distress and highly competitive environments, the promotional effect of digital transformation on their financial performance becomes more pronounced. Furthermore, the more favorable the external environment in which a company operates, the stronger this promotional effect becomes.