Configurational Pathways to Breakthrough Innovation in the Digital Age: Evidence from Niche Leaders DOI Creative Commons

Shuai Liao,

Xi Deng,

Hui Lu

et al.

Systems, Journal Year: 2024, Volume and Issue: 12(12), P. 542 - 542

Published: Dec. 5, 2024

Fostering niche leaders to achieve technological breakthroughs has become a national strategic priority in emerging markets order overcome technology blockades and drive progress. Previous research indicates that achieving breakthrough innovation, particularly for firms with resource constraints, is multifaceted phenomenon occurring across various levels. Based on the technology–organization–environment (TOE) framework, this paper aims examine influence of technological, organizational, environmental factors innovation from configurational perspective. Using dynamic qualitative comparative analysis (QCA), we analyzed panel data 87 Chinese (2018–2023) through inter-group, intra-group, pooled comparisons uncover distinct pathways innovation. Our findings reveal three effective pathways: an R&D-driven pathway, digital transformation-driven comprehensive support pathway. Additionally, identified two leading absence high-breakthrough innovation: conservative management configuration, island configuration. results underscore essential role government subsidies, complementary impact transformation R&D, restrictive effect rigid governance structures. Furthermore, these demonstrate significant regional variations temporal evolution, highlighting context-dependent nature economies.

Language: Английский

Financial misallocation and green innovation efficiency: China's firm-level evidence DOI Creative Commons
Shuai Che, Miaomiao Tao, Emilson Silva

et al.

Energy Economics, Journal Year: 2024, Volume and Issue: 136, P. 107697 - 107697

Published: June 15, 2024

The prevalent financial misallocation phenomenon appears to restrict firms' ability be improve green innovation efficiency. Our theoretical model yields a testable hypothesis, which the empirical analysis validates. We consider economic implications, channels, and countermeasures that emerge from impacts promoted by on use firm-level dataset 2008 2021. findings suggest hinders Chinese show in supply chain concentration is most important channel for negative influence misallocation. also find firms face discrimination having access resources based type of ownership size. results should enable policy makers clearly see green-innovation gains can produced China eliminating

Language: Английский

Citations

15

Substantive or strategic? Unveiling the green innovation effects of pilot policy promoting the integration of technology and finance DOI
Lu Li,

Yufei Gan,

Shuochen Bi

et al.

International Review of Financial Analysis, Journal Year: 2024, Volume and Issue: unknown, P. 103781 - 103781

Published: Nov. 1, 2024

Language: Английский

Citations

11

Impact assessment of green finance reforms on renewable energy development DOI
Yitong Zhu, Boqiang Lin,

Runqing Zhu

et al.

Environmental Impact Assessment Review, Journal Year: 2025, Volume and Issue: 114, P. 107913 - 107913

Published: March 13, 2025

Language: Английский

Citations

2

Impact of Regional Finance Reform and Innovation Policies on Green Innovation in Pilot Cities: a Quasi-Natural Experiment DOI
Shen Zhong, Zhicheng Zhou, Weijun Gao

et al.

Economic Analysis and Policy, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 1, 2025

Language: Английский

Citations

1

China's green transformation under the dual incentives of economic growth and environmental protection DOI
Shujun Zhang, Da-Long Chen, Qifeng Zou

et al.

International Review of Financial Analysis, Journal Year: 2025, Volume and Issue: unknown, P. 104150 - 104150

Published: March 1, 2025

Language: Английский

Citations

1

Regional Breakthrough Innovation Change Strategies, Ecological Location Suitability of High-Tech Industry Innovation Ecosystems, and Green Energy DOI Creative Commons

Zhikang Bao,

Zhisen Lin,

Tiantian Jin

et al.

Energies, Journal Year: 2024, Volume and Issue: 17(16), P. 3938 - 3938

Published: Aug. 8, 2024

Against the backdrop of an ongoing energy revolution, this study measured regional green efficiency and ecological niche suitability high-tech industry innovation ecosystems using Super-SBM entropy methods. We employed panel data from 30 mainland provinces (excluding Tibet) 2009 to 2021 conduct a quasi-natural experiment spatial difference-in-differences models double machine learning models. This was performed in order investigate impact mechanisms transformation within industries driven by breakthrough change strategies on efficiency. The findings revealed following: (1) Driven strategies, has significant positive local effects spillover (2) Regional have mediating transmission effect through development optimization internal factors ecosystems, including entities, support, vitality, resources, environment. (3) promotes advancement rationalization industrial structure, thus indirectly enhancing These are paramount importance for propelling next wave disruptive reform ensuring that outcomes these reforms drive toward realization clean efficient utilization.

Language: Английский

Citations

5

Financial efficiency, green innovation and green total factor productivity DOI
Biyun Xiao,

Haibo Li

Finance research letters, Journal Year: 2025, Volume and Issue: unknown, P. 107005 - 107005

Published: Feb. 1, 2025

Language: Английский

Citations

0

Financial order matters: The real effect of financial-judicial trials on stock price informativeness DOI
Xudong Lin, Hao Zhu, Yiqun Meng

et al.

International Review of Financial Analysis, Journal Year: 2025, Volume and Issue: unknown, P. 104122 - 104122

Published: March 1, 2025

Language: Английский

Citations

0

Research on the Synergistic Effects and Mechanisms of Green Financial Reform, Environmental Regulation Intensity, and Regional Green Innovation Levels DOI Creative Commons

Wang Dong-jing,

Yong Chen,

David Wang

et al.

International Review of Economics & Finance, Journal Year: 2025, Volume and Issue: unknown, P. 104185 - 104185

Published: May 1, 2025

Language: Английский

Citations

0

Impact of the regional financial reform on corporate financialization: Evidence from China DOI

simiao song,

Fan Wang, Xia Liu

et al.

International Review of Financial Analysis, Journal Year: 2024, Volume and Issue: unknown, P. 103641 - 103641

Published: Oct. 1, 2024

Language: Английский

Citations

2