Key Driving Factors for Technological Innovation in Equipment Manufacturing Enterprises

DOI

10.2991/978-94-6463-488-4_61How to use a DOI?

Keywords

Equipment Manufacturing Enterprises; Technological Innovation; Driving Factors

Abstract

The equipment manufacturing industry in Heilongjiang faces innovation and capability challenges, limiting its high-quality growth. Using MOA theory and a ridge regression model, this study examines technological innovation drivers among listed companies in the province. Key drivers include R&D investment, human capital, enterprise scale, profit target, R&D personnel, government subsidies, and market competition. These factors jointly propel innovation and industry development.

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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TY  - CONF
AU  - Xia Pan
AU  - Ruixing Huo
AU  - Panthong Pornthip
AU  - Adil Khan
PY  - 2024
DA  - 2024/08/29
TI  - Key Driving Factors for Technological Innovation in Equipment Manufacturing Enterprises
BT  - Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024)
PB  - Atlantis Press
SP  - 542
EP  - 547
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-488-4_61
DO  - 10.2991/978-94-6463-488-4_61
ID  - Pan2024
ER  -