Evolution of Growth Model and Cultivation of Competitive Advantages Under the Ambidextrous Innovation Strategy: In the Case of China’s High-Tech Enterprises

This study focuses on the evolution of growth model and cultivation of competitive advantages under the ambidextrous innovation strategy.After a brief introduction of the connotation of ambidextrous innovation strategy,the evolution of growth model of high-tech enterprises under the conventional strategy and the ambidextrous innovation strategy is analyzed.Furthermore,a discussion is made on how to cultivate enterprises’competitive advantages under the ambidextrous innovation strategy,thereby enabling enterprises to stand out from competitors under this new strategic model and truly achieve the goal of sustainable development.

Nexus between financial innovation and economic growth in South Asia: evidence from ARDL and nonlinear ARDL approaches

This study examined the relationship between financial innovation and economic growth in Bangladesh,India,Pakistan,and Sri Lanka for the period Q11975 to Q42016.The autoregressive distributed lag(ARDL)bounds test was used to gauge long-run relationships,and the nonlinear ARDL(NARDL)test was used to explore asymmetry between financial innovation and economic growth in the sample of Asian countries.The findings from the bounds tests revealed long-run cointegration between financial innovation and economic growth in the sample countries.Furthermore,NARDL confirmed that positive changes in financial innovation linked positively with economic growth and vice versa in the long run.In the short run,however,the study found mixed behaviors in the case of positive and negative changes in financial innovation.To investigate directional causality,the Granger causality test under an error correction model was employed.The Granger causality results supported the feedback hypothesis in both the long run and short run.Thus,financial innovation boosts economic growth in the long run by stimulating financial service expansion,financial efficiency,capital accumulation,and efficient financial intermediation,which are essential for sustainable economic growth.

Financial innovation and economic growth in Bangladesh

Background:This study provides evidence for the financial innovation in the financial system that resulted in the economic growth of Bangladesh from 1980-2016.Methods:To capture the influence of financial innovation on economic growth,we estimated the long-run cointegration by applying Autoregressive Distributed Lag(ARDL)bound testing and Granger causality-based Error Correction Model(ECM)to capture the directional association.Results:The Test of Cointegration satisfied the existence of a long-run association between economic growth and the financial innovation proxies,which were the Domestic Credit to the Private Sector(DCB)as a percentage of the Gross Domestic Product and the Broad-to-Narrow Money(M2/M1)as a percentage of the Gross Domestic Product.Our results showed that in the long run,credit circulation to the private sector and monetary management play important roles in economic growth.We also found that the coefficients of the financial innovation proxy variables were positive and statistically significant both in the short run and long run.We also ran Granger causality tests to investigate the directional effect.This study confirmed the feedback causality between the economic growth and 2 proxies of financial innovation in the short and long run.The gross capital formation and trade openness contribute significantly to explaining the economic growth in Bangladesh.Conclusion:The government of Bangladesh should encourage financial innovation in the financial system,especially at financial institutions,so that access to financial services can easily provide for equitable development.The government should also encourage financial innovation in the capital market,which will assist in raising longterm capital for investment and expedite overall economic growth.

The Spillover Effect of Innovation on Economic Growth: Leader Effect vs. Peer Effect

Innovation contributes to the long-term economic growth.From the perspective of externality by innovation,this paper disentangles the spillover effect based on the regions’abundance of innovation resource and separately identifies the“leader effect”and“peer effect”of innovation spillover and discusses their economic consequences.Empirical results demonstrate a negative spillover effect from innovation leaders on the economic growth and a positive spillover effect from innovation peers.Robustness checks also support main findings.This study has implication both in the endogenous economic growth theory and industry innovation practice.

Research on the Impact of Innovation Drivers on the Quality of Economic Growth in China

The quality of economic growth is a prominent issue in the process of economic growth worldwide.This paper builds relevant econometric models and uses the provincial panel data from 2003 to 2015 to analyze the impact of innovation drivers on China’s economic growth.The empirical results show that technological innovation and institutional innovation have a significant role in promoting the quality of China’s economic growth,and the effect of institutional innovation is stronger than that of technological innovation.In terms of regions,the innovation driver has the greatest contribution to the quality of economic growth in the eastern region of China,with the western and central parts ranking second and third.However,the role of institutional innovation in the eastern region is prominent,and the role of technological innovation is weak.Only institutional innovation in the central region has a significant role in promoting the quality of economic growth.Only technological innovation in the western region has a positive effect on the quality of economic growth,and the impact is weak.The regional differences in the impact of innovation-driven economic growth are obvious.

Empirical Research on Scientific and Technical Innovation and Economic Growth in Shanghai

With the explosive growth of knowledge and the further improvement of economic globalization, technology gradually represents its greater significance as the core factor of the strategic resources and competence for national and regional development, which becomes a greater support to the construction of the innovative country and also a key to take the initiative to develop. Under this tendency, technological improvements should play a more important role in pushing the economy forwards, which brings higher requirements for technical development in Shanghai. Thus Shanghai must integrate and utilize the resources of new technology in a more comprehensive way. During the process of building up a well-off society as well as innovative regions in an all-around way, the demand for technological innovation is continuously increasing and its content, as to Shanghai, is undergoing further fulfillment. The study on the inner connection between Shanghai technological development and economic growth, thus under such background, means much to get a knowledge about the dynamic equilibrium relationship between technical progress and economic growth, which can be taken as an important reference for the government to draw up the plan for future technological development.

Innovation as Force for Economic Development

The fierce business competition overcomes the inertia of obsolescence of organizations,leading them to a constant search for improvement and cost reduction in their processes to offer products and services differentiated from the competition,with the use of business strategies based on technological innovation.In this way,innovation is one of the strategies most pursued by companies that understand that through the gain of market share,they achieve better financial results for themselves and contribute directly to the economic development of the nation.In this search for overcoming its position in the ranking in which they operate,companies,through the emphasis given to innovation applied to the Industry 4.0,appropriate more skilled labor,either to obtain resources for their productive machine to function,or to bring the best ideas to the market,and thus achieve higher levels in the competition.In this way,results show that it is possible to infer that,by demanding the levels of qualification of the individuals for higher skill levels,innovation contributes to increase the rates of employability and,consequently,to become one of the driving forces of economic development.

Innovation Path for Large Countries:Chinese Experience from Economics Perspective

Over the past four decades, China has achieved prosperity in economics as well as economic development. Without doubt, China's experience offers inspirations to economic theories. In this paper, we attempt to identify the theoretical implications of China's growth journey. By casting light on China's innovation path, this paper presents a coherent theoretical framework of economic principles to answer the following questions: How did China as a large country form its innovation advantages by virtue of its market size? Why did China as a late-moving country choose imitative innovation in catching up with other countries? How did China develop its own innovation advantages during its economic transition? In developing a system of economic discourse for China's innovation path, it is necessary to take stock of China's economic history and international experiences in relation to the wisdom of economic philosophies.

Online Fashion Retailer Bonobos Selects Gerber Technology's YuniquePLM^(TM) Industry-Tailored Software to Support Rapid Growth and Fast-Paced Product Innovation

Tolland,Connecticut,USA-Gerber Technology,a business unit of Gerber Scientific, Inc.(NYSE:GRB) and a world leader in automated CAD/CAM and PLM solutions for the apparel and flexible materials industry,announces that fast-growing internet retailer Bonobos,Inc. has selected the YuniquePLM product

科技—产业—金融循环的逻辑解构与政策启示

推动科技—产业—金融良性循环是实现高水平科技自立自强和高质量发展的核心命题。在梳理科技—产业—金融循环理论源流和研究文献基础上,基于创新经济学基本原理,对科技—产业—金融循环的内在逻辑进行研究。在理论逻辑层面,研究科技—产业—金融循环的基本范畴和核心要义。在历史逻辑层面,从国际实践中提炼促进科技—产业—金融良性循环的价值匹配与互动规律,总结科技—产业—金融循环关系的新变化。在现实逻辑层面,挖掘制约我国科技—产业—金融良性循环的主要堵点与原因。基于此,面向建设金融强国,从深化改革、制度设计、资源支持、平台建设、创新服务、全球生态等方面提出启示建议。

油气企业科技创新人才价值溯源分成评估

科技创新是发展新质生产力的核心力量,而科技创新人才是创新过程中的第一要素。作为油气生产的主要参与主体,油气企业要实现高水平科技自立自强,归根结底要依靠拥有高水平创新能力的人才队伍。为了激发科技人才创新活力动力,在人才价值创造与评估现状分析的基础上,依据生产全要素视角下的科技创新价值分享理论与方法,建立了油气企业科技创新人才价值溯源分成评估方法。研究结果表明:(1)油气企业科技创新是一个系统性的复杂过程,匹配油气企业科技创新特征、具有产业适应性的人才价值评估理论与方法较少;(2)油气企业科技创新人才价值溯源分成,是以油气科技创新成果经济价值评估结果为前提对参与成果创造的团队和个人按照实际贡献进行价值追溯与量化的过程,需要通过对单项科技创新成果经济价值溯源和科技创新成果完成人价值溯源两次溯源来实现;(3)以创新成果为导向的科技创新人才价值贡献率是人才价值溯源分成的核心参数,由完成人参与度、完成人创新度、完成人贡献度为内容的综合评估指标体系共同确定。结论认为,该方法为加快建立以创新价值、业绩、贡献为导向的人才评价体系提供了参考,能够有效解决人才在油气科技创新活动中的经济价值量化问题,对推动高水平科技自立自强有现实意义。

财政分权对城市贸易经济韧性的影响及空间溢出效应研究

在中国经济迈入高质量发展的新阶段,面对复杂多变的外部环境,增强城市贸易经济韧性显得尤为重要。基于2006—2019年中国283个地级及以上城市面板数据,采用面板回归模型、中介效应检验方法及空间杜宾模型,探究财政分权对城市贸易经济韧性的影响及其内在机制。研究发现:财政分权能够显著增强城市贸易经济韧性,科技创新在其中起到了部分中介作用,上述结论经过稳健性检验后依然成立。空间杜宾效应分析表明,财政分权可通过空间溢出效应作用于邻近城市贸易经济韧性。进一步的异质性分析发现,财政分权对城市贸易经济韧性的促进作用存在区位和贸易经济韧性水平差异,在中西部地区及贸易经济韧性水平较低的城市中其作用效果越强。

石家庄市县域科技创新与经济发展耦合协调关系时空演变

选取石家庄市13个县域单元作为研究区域,构建科技创新能力和经济发展水平评价指标体系,计算评价指数,测算两者的耦合协调度,使用ArcGIS绘制空间分布图,深入剖析科技创新能力、经济发展水平以及两者耦合协调关系的时空演变特征。研究发现:全市县域科技创新能力和经济发展水平呈现较强的正相关性,且都在2010—2017年间提升速度较快,而在2019年之后提升速度呈减慢的趋势。2010—2021年经济发展水平指数均高于科技创新能力指数,但后者提升速度高于前者,表明石家庄市各县域科技创新能力滞后于经济发展水平,但科技创新能力的发展势头较好。2010年以来,全市县域耦合协调度呈现上升趋势,但耦合协调度与科技创新能力和经济发展水平的变化趋势相似,即2018年之前的提升速度要快于2018年之后。2021年,全市县域耦合协调度等级为“勉强协调发展”,协调发展水平较低,有待进一步提升。

数字经济赋能成渝地区双城经济圈制造业高质量发展

基于2008—2020年成渝地区双城经济圈的城市数据,采用CRITIC-熵权法与TOPSIS相结合的方法测算数字经济发展水平和制造业高质量发展水平,考察数字经济对成渝地区双城经济圈制造业高质量发展的影响。研究表明:第一,数字经济能够显著推动成渝地区双城经济圈制造业高质量发展,该结论在经过一系列稳健性检验后依然成立。第二,数字经济对制造业高质量发展的推动效果在技术创新水平较高的地区表现得更为明显;此外,数字经济推动了流域地区制造业高质量发展,但现阶段并不利于非流域地区制造业的高质量发展。第三,数字经济显著提升了成渝地区双城经济圈制造业的创新能力和质量效益,但在促进制造业绿色发展和提升制造业产业基础能力方面并不明显。为此,应发挥成都、重庆双城辐射带动作用,促进成渝地区双城经济圈数字经济与制造业深度融合,增强成渝地区双城经济圈制造业区域协同发展力度,夯实成渝地区双城经济圈制造业高质量发展数字基础。

数字普惠金融对经济增长质量的影响——基于西部地区85个地级市的实证研究

选取2011—2022年间我国西部地区85个地级市的面板数据,采用固定效应模型分析数字普惠金融及其三个维度即覆盖广度、使用深度和数字化程度对西部地区经济增长质量的影响。研究表明,数字普惠金融及其三个维度对西部地区经济增长质量的提升均具有正向影响,其中,覆盖广度的影响最强,其次是使用深度、数字化程度;采用经济发展水平为门槛变量构建面板门槛模型,发现这种影响存在非线性的门槛效应,经济发展水平较高,其对经济增长质量的影响也较强;进一步研究还发现,科技创新和居民消费水平在推动数字普惠金融促进西部地区经济增长质量方面发挥一定的中介作用,但这些作用相对较小。

提升全要素生产率与促进经济高质量增长

改革开放以来,我国人均国内生产总值与高收入国家水平的距离进一步缩小,显示我国将会较快迈入中高收入国家行列。在新的发展阶段,我国需要完整、准确和全面贯彻新发展理念,加快构建新发展格局,保持经济高质量增长。经济的高质量增长需要质的有效提升和量的合理增长。本文比较分析了世界各国在人均国内生产总值超过1万美元后的经济增长特征,指出此时影响不同国家经济增长速度的最重要因素是全要素生产率的提升。基于此,本文提出了提升全要素生产率以促进我国经济高质量增长的实际途径和政策建议。

中国经济增长动力切换的门槛效应检验--基于2001-2022年八大区域数据的实证

中国经济增长动力切换是高速度增长向高质量发展转变的关键环节。文章运用Heckman两步法,聚焦研究中国经济增长动力切换问题。研究发现:中国经济增长动力经历了由“低技能劳动+生产资本”向“高技能劳动+研发资本”切换的阶段;东部沿海和北部沿海地区处于“高技能劳动+研发资本”驱动状态,西北地区尚处于“低技能劳动+生产资本”驱动状态;中国经济增长动力在2001—2010年多为“低技能劳动+生产资本”驱动状态,2011—2015年多为“高技能劳动+生产资本”驱动,2016—2022年东部沿海和北部沿海地区率先切换为“高技能劳动+研发资本”驱动状态;此外,中国经济增长动力切换存在研发资本的“双门槛”和高技能劳动的“高门槛”效应。