Government data opening is a necessary measure for the supply of data factors，and using government data opening to enhance urban entrepreneurial activeness is an important path and embodiment of releasing data dividends. In this paper，government data opening was used as a quasi-natural experiment，and the progressive double-difference method was used to test the impact of data factors supply on urban entrepreneurial activeness. It was found that the supply of data factors represented by government data opening can significantly improve the entrepreneurial activeness in cities. The mechanism analysis showed that government data opening enhances urban entrepreneurial activeness by promoting technological innovation，strengthening talent gathering and improving government administrative efficiency. The heterogeneity analysis showed that the promotion effect of government data opening on urban entrepreneurial activeness is more obvious in cities with higher financial development level，digital economy development level and economic development level，as well as producer services. Further analyses showed that there is a positive correlation between the open quality of government data and the entrepreneurial activeness in cities，and the open government data improves the entrepreneurial quality in cities. This paper will enrich the research on the economic effect of data factor supply and clarify the logical mechanism of government data opening to enhance urban entrepreneurial activeness，and provide theoretical basis and decision-making reference for enhancing the positive effect of government data opening on urban entrepreneurship.

In the era of digital economy，digital transformation has become an inevitable trajectory of enterprise development. From a supply chain perspective，the costumer digital transformation can exert substantial influences on supplier through supply chain channels. However，does the digital transformation of costumer affect the digital technological innovation of supplier? To address this question，this paper established an econometric model by matching the data among listed company on China' Shanghai and Shenzhen A-share market from 2011 to 2022. It empirically examined the spillover effects of costumer' digital transformation on supplier' digital technological innovation and its underlying mechanisms. The results indicated： （1） The digital transformation of costumer exerts a positive spillover effect on the digital technological innovation of supplier，a series of robustness tests and endogeneity discussions confirm the reliability of this conclusion；（2） The impact of customer companies' digital transformation on supplier companies' digital technological innovation is stronger when： the supplier and customer companies operate in the same industry，or the supplier companies' industry exhibits a high level of digital transformation；（3） the customer companies' digital transformation promotes supplier companies' digital technology innovation through two channels： information spillovers and supply-demand alignment. The intensity of cooperation and industry competition strength positively moderate these relationships. This study revealed the underlying mechanism of customer companies' digital transformation influencing supplier companies' digital technology innovation from a supply chain perspective，enriching the economic consequences of corporate digital transformation and providing theoretical support and decision-making references for advancing corporate digital technology innovation practices；（2） this effect is more pronounced when supplier and customer operate within the same industry or when supplier is located in highly digitized sectors；and （3） the customer digital transformation enhances supplier innovation through information spillovers and improved supply-demand alignment，with cooperative intensity and industry competition positively moderating these mechanisms. Overall，this study has elucidated the mechanisms through which customer digital transformation influences supplier digital technological innovation from a supply chain perspective. It has extended the literature on the economic consequences of enterprise digital transformation and will provide theoretical insights and policy implications for fostering digital technological innovation.

Spin-off，as an organizational change process in which parent company derive startups，is a long-term and holistic development strategy for incumbents. In today's dynamic and complex environment，whether incumbents can achieve innovation ambidexterity through spin-off is the key to ensuring their survival and sustainable development. Based on the "opportunity-motivation-ability" theoretical framework，this paper applied the QCA method to unveil the paths for incumbents to achieve innovation ambidexterity in the spin-off process. It was found that the six factors influencing the achievement of innovation ambidexterity of incumbents are the conjoint effects among six antecedents including policy and market opportunities，motivations of diversification strategy and organizational change，and abilities of resource acquisition and networking. Among these conditions，the strength of incumbents' abilities is the core condition for achieving innovation ambidexterity. When this condition is combined with other related conditions，there emerges the three paths for incumbents to achieve the one goal： innovation ambidexterity. One is the path with multiple equilibrium，in which incumbents actively lay out and fully utilize their abilities in the face of abundant external market opportunities. The second is the ability-driven path，in which incumbents rely on their strong ability endowments when the external opportunities are scarce. And the third is the opportunity-seizing path，in which incumbents seize opportunities by focusing on their main business and utilizing their own abilities when both policy and market opportunities are abundant. However，when the incumbents have weak abilities，even if they have strong motivations for diversification strategy and organizational change，or even if they are in a situation with abundant opportunities，they fail to achieve innovation ambidexterity mainly because of limited abilities. By clarifying the antecedents and their combined effects that affect incumbents to achieve innovation ambidexterity，this paper will provide useful reference and path guidance for undertaking corporate spin-off development.

Environmental supervision is an important part of government environmental governance and a key driving factor of green innovation. Based on the panel data of A-share listed companies in 120 major cities in China from 2008 to 2018，this paper examined the relationship between environmental supervision and corporate green innovation from the perspective of promotion pressure by using the fixed effect and moderating effect models. The study found that： （1） Environmental supervision only significantly promotes the quantity of corporate green innovation，rather than the quality，which induces the "bubble" phenomenon of green innovation；（2） The promotion pressure positively regulates the relationship between environmental supervision and the quantity of green innovation and enhances the "bubble" effect of environmental supervision；（3） The "bubble" phenomenon of green innovation caused by environmental supervision is concentrated in heavily polluting industries and eastern regions. It has a significant role in promoting the quality and quantity of green innovation in highly urbanized regions. However，the regulatory effect of promotion pressure is not effective；（4） Environmental supervision affects green innovation through industrial transfer，and causes neighboring areas to become "pollution havens". The central vertical supervision weakens the "bubble" phenomenon of green innovation. This paper has deepened the research scope and boundary conditions of macro-policy and micro-corporate innovation，which brings a new perspective and theoretical framework for existing research. It will also provide beneficial enlightenment and empirical evidence for optimizing environmental supervision policies and promoting corporate green transformation.

Promoting the deep integration of S&T innovation and industrial innovation through an enterprise-led innovation consortium is the key to make breakthroughs in key core technologies and accelerate the development of new quality productive forces. Based on the evolutionary game theory，this paper used the Matlab software to simulate and analyze the strategy selection of innovation subjects under changes in different parameters，revealing the dynamic evolution law according to which the S&T leading enterprises lead innovation consortium to make continuous breakthroughs in key core technologies. The research found that： （1） The government's willingness of participation is a critical factor influencing the cooperation among the innovation consortium members，with a particularly significant impact on S&T leading enterprises；Enhancing the participation willingness of S&T leading enterprises can influence the enthusiasm of member units to some extent，while conversely，increasing the participation willingness of member units has a minimal effect on the strategic choices of the government and S&T leading enterprises；（2） Compared with the incentive mechanism，a reasonable punishment mechanism can more effectively promote the continued participation and enthusiasm of each member of the innovation consortium in key core technology research；（3） The income from the transformation of S&T achievements significantly impacts the enthusiasm of the innovation consortium members to continue participating in key core technology research，with a particularly pronounced effect on S&T leading enterprises；（4） When all the subjects of the innovation consortium adopt a positive strategy，the willingness of S&T leading enterprises to participate increases with the increase of the success probability of the key core technology breakthroughs. However，if only one party is actively innovating，the other party are unlikely to choose active innovation，and the government will not choose a strategy that is highly involved in support. Finally，this paper proposed the following countermeasures and suggestions： strengthening a well-functioning government，improving an efficient market，cultivating powerful subjects，and building a tolerant society within an integrated four-in-one collaborative system. These measures will empower the innovation consortium led by S&T leading enterprises，stimulate the innovation vitality of multiple subjects，achieve continuous breakthroughs in key core technologies，and cultivate new quality productive forces and new kinetic energy.

As the capital market is gradually opening up，foreign institutional investors will impose higher requirements for the ESG performance of firms based on the international ESG standards and shareholding preferences. However，it is still not clear whether it can be a beneficial complementary mechanism for non-rigid ESG institutional environment in China. Therefore，this paper selected Chinese A-share listed firms of Shanghai and Shenzhen Stock Exchange from 2009 to 2022 as the sample and examined the influence mechanism of foreign institutional investors' shareholding on the ESG performance of firms with the panel OLS regression with fixed-effects. The paper comprised four conclusions. Firstly，foreign institutional investors' shareholding improves the ESG performance of firms. This conclusion remains robust after the endogeneity and robustness tests. Secondly，foreign institutional investors' shareholding improves the ESG performance through reducing managerial myopia，alleviating financing constraints，and enhancing risk-taking. Thirdly，analyst following，media supervision，and government constraint further enhance the positive effect of foreign institutional investors' shareholding on the ESG performance of firms. Finally，foreign institutional investors' shareholding further promotes exploratory innovation through improving the ESG performance of firms. Considering China's non-rigid ESG institutional environment，the departments concerned should improve the mechanism of China capital market opening and fully play the collaborative promotion effect of external stakeholders including analysts，media，and government，in order to increase the positive governance effect of foreign institutional investors' shareholding on the ESG performance of firms.

With the deep integration of digitalization into urban development，it is crucial to systematically investigate the intricate relationship and underlying mechanisms between big data strategies and the advancement of new quality productive forces in cities to fully unleash their potential. Leveraging the quasi-natural experiment of national big data comprehensive pilot zone，this study employed the panel data from 277 prefecture-level cities spanning from 2009 to 2021 and adopted the difference-in-differences （DID） model to rigorously examine the impact of big data strategies on urban new quality productive forces and their underlying mechanisms. The findings revealed that the big data strategies significantly enhance new quality productive forces，with pronounced regional heterogeneity and temporal variation in policy effects. Specifically，the policy exhibits stronger promotional effects in eastern China compared to the central and western regions，and its impact is more substantial in early-policy-adopting cities than in late-policy-adopting cities. Through mediation analysis，we identified knowledge spillovers as the dominant mediating channel by which big data strategies contribute to the advancement of new quality productive forces. Further spatial econometric analysis confirmed a distinct spatial spillover effect. These conclusions will provide actionable insights for cultivating and developing new quality productive forces，while offering empirical support for advancing China's big data strategy to achieve the goals of "Digital China" and "Data Powerhouse".

In the era of digital intelligence，building the ecological dominance of leading-chain enterprises is the key driver in the security and high-quality development of a chain industry. Drawing on the resource concerto theory，this paper conducted a longitudinal case study of Sany Group to explore the evolutionary mechanisms involving digital intelligence empowerment，resource orchestration，and ecological dominance of leading-chain enterprises. The findings revealed that digital intelligence exerts a three-dimensional empowering effect on enhancing the ecological dominance of leading-chain enterprises，manifested through organizational breakdown，cross-border integration，and dynamic adjustment. The leading-chain enterprises cultivate their ecological dominance by adopting a heterogeneous approach in different stages. By framing resource concerto as a proactive capability for resource management，leading-chain enterprises achieve a positive feedback loop in the industrial chain ecology through a combination of "whole machine entry and high flexibility"，"strategic cooperation and vertical integration"，and "perfect ecology and three-dimensional co-evolution". Furthermore，the leading-chain enterprises have undergone an evolutionary process evolving from point-based initiatives to network-centric integration to establishment of ecological dominance. Specifically，the leading-chain enterprises form a driving force of technological innovation，product market guidance，and resource integration in the industrial chain ecosystem through three modes，namely，point breakthrough，chain collaboration，and ecological integration. This research has revealed the resource concerto mechanism of the leading-chain enterprises during the process of the evolution of the ecological dominance empowered by digital intelligence，and it will provide theoretical guidance and practical implications for the digital transformation of industrial chains，dynamic resource management，and cultivation of the ecological dominance of leading-chain enterprises.

New digital empowerment ventures and their digital innovation activities are crucial for the integration of digital and physical realms and the development of new quality productive forces. However，due to the disadvantages of start-ups and the complexity of the digital innovation process，the outcomes of digital innovation in new digital empowerment ventures are often highly uncertain. Lean startup，as a crucial strategic approach to managing uncertainty，plays a significant role in optimizing the structure of new digital-enabled ventures and improving digital innovation performance. Based on the "strategy-structure-performance" paradigm，this study constructed a relational model between lean startup，modular architecture （including modular product architecture and modular organizational architecture），and digital innovation performance of new digital empowerment ventures. By conducting the hierarchical regression and bootstrap analysis of the data collected from 267 new digital empowerment ventures，the study found the following results： （1） Lean startup has a strong positive effect on the digital innovation performance of new digital empowerment ventures；（2） Modular product architecture and modular organizational architecture respectively play a mediating role in the relationship between lean startup and digital innovation performance of new digital empowerment ventures；and （3） Modular product architecture and modular organizational architecture act as a chain mediator between lean startup and digital innovation performance of new digital empowerment ventures. This study has clarified the mechanism by which lean startup influences the digital innovation performance of new digital empowerment ventures，thereby extending the research on lean startup and digital innovation. Additionally，it will provide theoretical basis and decision-making reference for the integration of digital economy and physical economy in China.

The effective response to the paradoxical and unified contradictions in enterprise digital innovation is not only the premise for comprehensive realization of digital innovation but also an important issue for the development of new quality productive forces driven by digital innovation. However，the academic community currently lacks a systematic review of this knowledge framework. This paper adopted a bibliometric and systematic review method，by screening 108 relevant papers from high-level domestic and international journals to organize the enterprise digital innovation paradox. It constructed a research framework of "concept classification-causes-performance-response mechanisms". The main conclusions are as follows： first，the concept of enterprise digital innovation paradox is defined，forming a three-dimensional classification system of digital technology innovation paradox，digital market innovation paradox，and digital organizational innovation paradox；second，the causes and manifestations of enterprise digital innovation paradox are summarized in the technical，market，and organizational levels；and third，19 mechanisms for coping with digital innovation paradoxes are summarized from seven theoretical perspectives： dynamic capabilities，modularity，optimal differentiation，institutional logic，data ethics，paradoxical leadership，and organizational ambidexterity. Finally，the paper has further proposed potential paradoxical issues that may arise in the future，aiming to provide a detailed theoretical basis and analytical tools for subsequent research.