Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)

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The Impact of Technological Innovation in Electric Power Enterprises on Business Performance —— Empirical Study on A-share and H-share Listed Companies

Authors
Xupeng Wang1, *, Nan Hu2, Xuan Zhang2, Xinchen Deng1
1State Grid Energy Research Institute Co., LTD., Beijing, China
2State Grid Yingda International Holdings Group Co., LTD., Beijing, China
*Corresponding author. Email: wangxupeng@sgeri.sgcc.com.cn
Corresponding Author
Xupeng Wang
Available Online 30 December 2024.
DOI
10.2991/978-94-6463-638-3_25How to use a DOI?
Keywords
technological innovation; state-owned enterprise management performance
Abstract

Based on 451 listed A-share and H-share power companies from 2009 to 2023, this study empirically examines the impact of technological innovation on business performance in power companies. The research results indicate that increasing investment in technological research and development is beneficial for improving the operational performance of power enterprises, but it varies for different types of enterprises. Non state-owned power enterprises’ investment in technological innovation has a greater promoting effect on operational performance. Based on the research results, with the goal of improving the operational performance of different types of power enterprises, this article proposes relevant suggestions for state-owned and non-state-owned power enterprises to increase investment in scientific and technological innovation.

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.

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Volume Title
Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 December 2024
ISBN
978-94-6463-638-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-638-3_25How to use a DOI?
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

risenwbib
TY  - CONF
AU  - Xupeng Wang
AU  - Nan Hu
AU  - Xuan Zhang
AU  - Xinchen Deng
PY  - 2024
DA  - 2024/12/30
TI  - The Impact of Technological Innovation in Electric Power Enterprises on Business Performance —— Empirical Study on A-share and H-share Listed Companies
BT  - Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)
PB  - Atlantis Press
SP  - 254
EP  - 260
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-638-3_25
DO  - 10.2991/978-94-6463-638-3_25
ID  - Wang2024
ER  -