Latest ArticlesIntegrating insights from organizational behavior theory and resource management perspective, a moderated serial mediation model was proposed. The mechanisms through which external information acquisition and internal strategic renewal transform unabsorbed slack resources into firm competitiveness were examined. Empirical results derived from a sample of 288 manufacturing firms show that unabsorbed slack resources positively influence firm competitiveness not only through the distinct indirect effects of environmental scanning and strategic renewal, but also through their serial mediating roles. Specifically, competitive intensity negatively moderates the mediating effect of environmental scanning on the relationship between unabsorbed slack resources and competitiveness, while it positively moderates the mediating effect of strategic renewal within the same relationship. Moreover, competitive intensity enhances the serial mediating effect of environmental scanning and strategic renewal. It deepens the understanding of the mechanisms underlying the synergistic effects of different resource management strategies, opens up the black box of the internal mechanisms through which unabsorbed slack impacts firm competitiveness, and provides significant implications for firm managers aiming to devise effective strategies for managing slack resources.
High-tech enterprises are important economic subjects of high-quality full employment, and their development cannot be separated from the support of S&T finance. Based on this, through the provincial panel data from 2010 to 2022, the way in which the development of S&T finance promotes the labor demand of high-tech enterprises was explored. It finds that the development of S&T finance has a significant positive driving effect on the labor demand of high-tech enterprises, with technological progress, extensive margin, and intensive margin as the effective conduction channels. At the same time, this effect presents significant heterogeneity characteristics, specifically in four terms high-skilled and low-skilled labor, regions with a higher degree of development of science and technology business incubators, regions with more active technology markets, and regions with intellectual property policy support. In addition, the positive moderating effect of S&T talent supply and entrepreneurship, and the negative moderating effect of government forfeitures are also found. Given this, the development of S&T finance should be promoted to facilitate technological innovation, improve entrepreneurship, help enterprises grow, and play the role of incentives of various policies and systems, to realize the financial contribution to high-quality employment.
As a micro-level mechanism of the "dual circulation" strategy, the integration of domestic and foreign trade is an effective way to resolve external risks and expand domestic demand. Enterprise innovation plays a key role in the transformation and upgrading of the manufacturing industry and the high-quality development of the economy. However, the external factors that induce enterprise innovation still need to be further explored and verified. It is important to incorporate the integration of domestic and foreign trade into the analytical framework of enterprise innovation, and explore the mechanisms and potential moderating effects of the integration of domestic and foreign trade on enterprise innovation from both theoretical and empirical perspectives. The research findings show that the integration of domestic and foreign trade has a significant positive promotion effect on enterprise innovation. The integration of domestic and foreign trade can improve enterprise total factor productivity and ultimately improve enterprise innovation efficiency. The more competitive the industry is, the more significant the effect of the integration of domestic and foreign trade on enterprise innovation. The more diversified the demand market is, the more significant the effect of demand-induced innovation in the integration of domestic and foreign trade. The effect of the integration of domestic and foreign trade on enterprise innovation in the western region is higher than that in the middle and eastern regions. The effect of the integration of domestic and foreign trade on enterprise innovation in the high-tech manufacturing industry is higher than that in the middle and low-tech manufacturing industries. The effect of the integration of domestic and foreign trade on enterprise innovation in private-owned enterprises is higher than that in other types of enterprises. The research conclusions can provide theoretical support for the integration of domestic and foreign trade strategy and provide a reference for the innovative development of enterprises.
E-commerce platforms can use big data resources and innovation technologies to exert customized innovation efforts on the research and development of their self-owned brands, but the interaction of customized innovation efforts and power structure differences on the introduction strategy of e-commerce platforms has become the focus of academia and industry. Based on this problem, the game theory method was used to construct three models in three situations: not introducing self-owned brands, weak e-commerce introducing self-owned brands and strong e-commerce introducing self-owned brands. The theoretical and numerical simulation results show that, the e-commerce platform only when the cost efficiency of self-owned brand is higher than the certain threshold, the strategy can not only significantly increase the revenue of the manufacturer but also increase the overall channel profit under given conditions; compared with the situation of the strong e-commerce platform, the weak e-commerce platform introducing self-owned brands will benefit the manufacturer. The research conclusion provides a theoretical basis for the e-commerce platform to make the decision of introducing its own brand, and also provides the management inspiration for the strategy optimization of the e-commerce platform.
The change of human capital investment reflects the attitude of workers in the face of the impact of industrial intelligence, and will shape the future labor market pattern from the perspective of labor supply. Based on the provincial panel data and China Family Panel Studies(CFPS) data, the impact of industrial intelligence on the human capital investment of workers' families from the perspective of education expenditure was empirically tested.The results show that industrial intelligence will significantly promote the increase of education expenditure of workers' families, which is particularly obvious in families with high education level.The skill premium is an important channel for industrial intelligence to increase the educational expenditure of workers' families.The labor supply structure has a moderating effect on the relationship between industrial intelligence and family education expenditure. The abundance of skilled labor supply will reduce the skill premium and thus reduce the promotion effect of industrial intelligence on education expenditure.There is a threshold effect on the impact of industrial intelligence on workers' family education expenditure. When the level of industrial intelligence crosses the threshold, the effect decreases.Therefore, it is necessary to take the government as the leading factor, promote the intelligent upgrading of the whole society, continuously improve the human capital investment motivation and ability of social members, promote the coordinated development of regional labor supply structure and industrial intelligence, and pay attention to the impact of industrial intelligence on the labormarket, so that the level of social human capital can be effectively improved in the long run.
With the advent of the digital economy, the logic of value creation has gradually shifted from enterprise dominance to value co-creation, increasing the complexity of resource orchestration. Based on socio-technical theory, an ecosystem-level perspective was adopted to explore the enhancement of resource orchestration capability, and a theoretical model was constructed to examine the impact of the digital platform ecosystem on resource orchestration capability, incorporating the mediating role of structural holes. The results indicate that complementarity, shareability, modularity, and openness in the digital platform ecosystem positively influence resource orchestration capability. Structural holes serve as a partial mediator in this relationship. The findings contribute to theory by analyzing the interaction between the digital platform ecosystem and resource orchestration capability from a social network perspective, enriching research on resource management in digital platform ecosystems. On a practical level, the results offer important insights for platform enterprises in developing and optimizing their ecosystems to enhance resource orchestration capability.
Government innovation subsidies are of great significance to the development of new quality productive forces of enterprises. Selecting A-share non-financial listed companies from 2011 to 2022 as the research sample, a two-way fixed fixed-effects model was used to assess the effect of government innovation subsidies on the new quality productive forces of enterprises. It is found that government innovation subsidies significantly promote the development level of firms' new quality productive forces, and this conclusion still holds after a series of robustness tests. Further research finds that ex ante subsidies have a more significant effect on firms' new quality productive forces than ex-post subsidies. The analysis of the mechanism of action shows that government innovation subsidies can stimulate the willingness of enterprises to "want to develop", enhance the ability of enterprises to "know how to develop", and encourage enterprises to "dare to develop", and then promote the development of new quality productive forces of enterprises. Promote the development of new quality productive forces of enterprises. Heterogeneity analysis shows that government innovation subsidies have a more obvious effect on the promotion of new quality productive forces of enterprises in the eastern region, mature enterprises and enterprises in strategic emerging industries. Further research finds that government innovation subsidies can improve management's digital innovation attention and digital technology innovation performance. It enriches the study on the economic consequences of government innovation subsidy policy and deepens the study on the internal logic of the development of new quality productive forces of enterprises.
The potential of artificial intelligence (AI) in knowledge creation and innovation is constantly being explored and recognized. The multi-level process, main driving forces, and solidification mechanisms of transforming artificial knowledge into co-innovation ecosystem knowledge were studied, in order to seize the knowledge creation opportunities brought by AI to promote co-innovation. The findings show that artificial knowledge is gradually transformed into the operational knowledge of functional departments within innovation entities, the strategic knowledge of innovation entities, and the systemic knowledge of the innovation ecosystem through reaction cycles, catalytic cycles, and hypercycles respectively. The successful transformation of artificial knowledge relies on multiple driving factors consisting of human-machine collaboration, functional department collaboration, and innovation subject collaboration. The effective solidification of the process of artificial knowledge transformation relies on a creative learning mechanism that combines learning and unlearning. The findings provide a theoretical framework for understanding how artificial knowledge is transformed into co-innovation ecosystem knowledge, offer a new perspective for research on AI-enabled innovation, and provide managerial insights for utilizing the knowledge creation capabilities of AI to promote co-innovation.
In order to create new competitive advantages in the digital era, enterprises are increasingly pursuing digital affordances, which has an important impact on enterprises innovation. Research data collected from China's Shanghai and Shenzhen A-share listed companies from 2010 to 2022 were used to empirically explore the impact of enterprises digital affordances on ambidextrous innovation and the mediating role of dynamic capabilities. The results indicate that digital affordances positively affect exploratory innovation and exploitation innovation. Digital affordances positively affect absorptive, innovative and adaptive capacities of dynamic capabilities. Absorptive, innovative and adaptive capacities facilitate significantly to exploratory innovation. Innovative ability and adaptive ability facilitate significantly to exploitative innovation, while absorptive ability does not contribute significantly to exploitative innovation. Both Innovative ability and adaptive ability play a mediating role between digital affordances and ambidextrous innovation. Absorptive capacity only plays a mediating role between digital affordances and exploratory innovation. The research conclusions have important implications for enterprises to realize ambidextrous innovation through digital affordances and give full play to the key role of dynamic capabilities under the background of digital transformation.
The low-altitude economy was proposed based on China's long-term practice in low-altitude flight operations and its current developmental stage. It is regarded as a new quality productive force driven by technological innovation to promote the construction of modern industrial systems. The development of China's low-altitude economy remains in its early stages. Systematic in-depth discussions about this economic sector are still lacking domestically. Given the current high attention to low-altitude economic development, its conceptual connotations and developmental characteristics need to be clearly defined. Basic promotion strategies for this industrial field should be carefully considered. Through analytical research, a clear definition of the low-altitude economy concept was provided. Its developmental characteristics were analyzed by combining industrial exploration and innovative practices. Promotion strategies were discussed according to different developmental phases of the low-altitude economy industry. It is considered valuable for clarifying understandings and development approaches regarding the low-altitude economy.