The effect of the degree of marketisation on the innovation efficiency of manufacturing enterprises
- DOI
- 10.2991/978-94-6463-578-2_19How to use a DOI?
- Keywords
- Degree of marketization; innovation efficiency; absorptive capacity
- Abstract
To investigate the impact of the degree of marketisation on the innovation efficiency of manufacturing enterprises. Taking the financial report data of 3300 listed manufacturing companies and the total marketisation index of their regions as samples from 2012 to 2021, the two-stage DEA model is used to calculate the innovation efficiency of the target manufacturing enterprises, and the total marketisation index of the enterprises and their regions as well as the relevant control variables are added. Empirical analyses were conducted using StataMP18 software. The results show that there is an inverted U-shaped relationship between the degree of marketisation and enterprise innovation efficiency, and enterprise absorptive capacity plays a positive moderating role to a positive moderating role between the marketisation process and innovation efficiency. The conclusions can enrich the theory of enterprise innovation environment driving and innovation transformation capacity, and provide management and policy insights for manufacturing enterprises’ innovation efficiency improvement from the aspects of enterprise and government.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Zhu Jiang AU - Zezhong Zhang PY - 2024 DA - 2024/12/01 TI - The effect of the degree of marketisation on the innovation efficiency of manufacturing enterprises BT - Proceedings of the 2024 International Conference on Artificial Intelligence and Digital Management (ICAIDM 2024) PB - Atlantis Press SP - 176 EP - 187 SN - 1951-6851 UR - https://doi.org/10.2991/978-94-6463-578-2_19 DO - 10.2991/978-94-6463-578-2_19 ID - Jiang2024 ER -