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Human Capital Allocation and Enterprise Innovation Performance: An Example of China's Knowledge-Intensive Service Industry

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  • Li, Xing
  • Guo, Yue
  • Hou, Jiani
  • Liu, Jun

Abstract

This paper examines the impact of human capital mismatch on the innovation performance of knowledge-intensive service enterprises. Taking China's knowledge-intensive service industries (KISI) as our research object, we construct a human capital allocation measurement framework to evaluate the current state of human capital allocation of sub-industries in China using the 2007 and 2013 Chinese Household Income Project data and Chinese A-share listed company data. Results show that human capital mismatch do exist in China's knowledge-intensive service industries, which exerts inhibitory effect on the innovation performance of KISI enterprises. We further find that such an effect varies with regions and industries. Our study aims to provide useful reference for relevant departments in stimulating innovation and accelerating market reform.

Suggested Citation

  • Li, Xing & Guo, Yue & Hou, Jiani & Liu, Jun, 2021. "Human Capital Allocation and Enterprise Innovation Performance: An Example of China's Knowledge-Intensive Service Industry," Research in International Business and Finance, Elsevier, vol. 58(C).
    • Handle: RePEc:eee:riibaf:v:58:y:2021:i:c:s0275531921000507
    DOI: 10.1016/j.ribaf.2021.101429
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    References listed on IDEAS

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    6. Zhang, Cheng & Yao, Yangyang & Zhou, Han, 2023. "External technology dependence and manufacturing TFP: Evidence from China," Research in International Business and Finance, Elsevier, vol. 64(C).
    7. Lu, Hongyou & Liu, Min & Song, Wenjing, 2022. "Place-based policies, government intervention, and regional innovation: Evidence from China's Resource-Exhausted City program," Resources Policy, Elsevier, vol. 75(C).
    8. Dong, Kangyin & Ni, Guohua & Taghizadeh-Hesary, Farhad & Zhao, Congyu, 2023. "Does smart transportation matter in inhibiting carbon inequality?," Energy Economics, Elsevier, vol. 126(C).
    9. Jiang, Renai & Saeed, Muhammad & Yang, Shenghao & Saqib, Shahab E., 2023. "The impact-mechanism of “Internet +” on the innovation performance of traditional enterprises: Empirical evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).
    10. Vladimir V. Lebedev & Nelia A. Deberdeeva & Natalya A. Farkova & Larisa S. Korobeinikova, 2022. "Systemic Risk Management of Investments in Innovation Based on CSR," Risks, MDPI, vol. 10(5), pages 1-26, April.
    11. Jiang, Mengting & Fang, Jian & Yang, Yuecheng & Yu, Chengzhi & Li, Jieyi, 2024. "Supply chain concentration, industry concentration and enterprise innovation performance," Finance Research Letters, Elsevier, vol. 63(C).

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