Does Adverse Business Environment Influence Corporate Innovation Performance?
- DOI
- 10.2991/icmesd-19.2019.44How to use a DOI?
- Keywords
- Innovation investment, Corporate performance, Business environment, Private enterprises, World Bank survey.
- Abstract
An important question that was ignored in available literature is whether corporate innovation performance is influenced by adverse business environment. In this regard, this paper uses Chinese private enterprises as the example to conduct an empirical study on the relationship between innovation investment and corporate performance based on the World Bank’s 2012 survey data of enterprises, and explores the moderating effect of adverse business environment on this relationship at a micro level. Conclusions drawn from the empirical analysis show that, in the context of economic transformation, innovation investment can help promote private enterprises’ market competitiveness, but this positive relationship is restricted by unfavorable business environment factors such as tax burden and business access. This paper has important theoretical and practical implications for the in-depth understanding of corporate innovative activities in the new economic environment and for the government to promote relevant guiding measures.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Chun-Wei Yang AU - Wen-Juan Sui AU - Xue-Lin Chen AU - Yang Zhou PY - 2019/07 DA - 2019/07 TI - Does Adverse Business Environment Influence Corporate Innovation Performance? BT - Proceedings of the 5th Annual International Conference on Management, Economics and Social Development (ICMESD 2019) PB - Atlantis Press SP - 295 EP - 303 SN - 2352-5428 UR - https://doi.org/10.2991/icmesd-19.2019.44 DO - 10.2991/icmesd-19.2019.44 ID - Yang2019/07 ER -