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Identification of high- and new-technology enterprises, supplier relationship and technological innovation: Evidence from China

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  • Xu, Lingling
  • Zhong, Huijie

Abstract

This paper investigates the effect of the identification of high- and new-technology enterprises on technological innovation from the perspective of supplier relationship for Chinese listed firms over 2007–2020. The results show that the identification of high- and new-technology enterprises significantly promotes technological innovation, verifying the effectiveness of the program. Further, the identification of high- and new-technology enterprises can promote technological innovation by reducing inventory cost. Higher supplier concentration and higher financial constrains will weaken the effect of the identification of high- and new-technology enterprises on firms' technological innovation. This paper offers a new perspective to talk about the effect of IHNTE on firms’ technological innovation.

Suggested Citation

  • Xu, Lingling & Zhong, Huijie, 2024. "Identification of high- and new-technology enterprises, supplier relationship and technological innovation: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 94(C).
    • Handle: RePEc:eee:reveco:v:94:y:2024:i:c:s1059056024003198
    DOI: 10.1016/j.iref.2024.05.022
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    Keywords

    Identification of high- and new-technology enterprises; Supplier relationship; Technological innovation; Inventory cost; Supplier concentration;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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