Study on the impact of business environment on private enterprises' technological innovation from the perspective of transaction cost

Wang, Nannan; Deng-feng, Cui; Yin, Daqiang

doi:10.1016/j.igd.2023.100034

Cited by 36 publications

(17 citation statements)

References 29 publications

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“…On the one hand, it involves reorganizing and analyzing this indicator system (Achuo et al, 2022; Fauvarque‐Cosson & Kerhuel, 2009). On the other hand, it focuses on how this indicator system affects companies or economic development (Wang et al, 2023).…”

Section: Literature Review and Theoretical Analysismentioning

confidence: 99%

Evaluation and optimization of business environment based on sustainable development perspective: Exploring the role of the reform of government functions

Yin

Yuan

Zhou

2023

Sustainable Development

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The existing research on the business environment index system has a single viewpoint, which can hardly reflect the requirements of SDGs on the business environment. Few studies have focused on the “front end” factors determining the business environment. Based on panel data from 2011 to 2020, this study measures the business environment in 275 Chinese cities and uses the ArcGIS software and Natural Breaks (Jenks) to examine its spatiotemporal characteristics. The PSM‐DID model is utilized to examine the policy implications of the reform of government functions on the business environment. The findings demonstrate that China's urban business environment's total score has risen, and its geographic characteristics are “strong in the east and weak in the west.” Among the various sub‐dimensions of the business environment, the largest contribution is the infrastructure environment, followed by the rule of law environment. The reform of government functions can improve the business environment from the second year onward. Regional and city‐level heterogeneities exist in the effects of the reform of government functions on the business environment. In addition, informatization level, population density, and consumption level can optimize the business environment. This study provides a guide for accelerating the creation of a marketized, legalized, international, and sustainable business environment.

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Section: Literature Review and Theoretical Analysismentioning

confidence: 99%

Evaluation and optimization of business environment based on sustainable development perspective: Exploring the role of the reform of government functions

Yin

Yuan

Zhou

2023

Sustainable Development

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“…Some studies have confirmed that the insecurity of traditional fossil energy makes the government and the ruling party feel the crisis, which will increase investment and policy inclination in the field of green innovation, thus stimulating green innovation (Yang et al, 2022). In addition, rising energy prices have also stimulated an increase in green innovation (Ley et al, 2016), and changes in environmental quality brought about by energy consumption also have an impact on green innovation (Wang et al, 2023). Enterprises in heavily polluted areas tend to have sluggish green innovation activities and insufficient application of green technologies in enterprises (Wang, Woodward, & Liu, 2022).…”

Section: Theoretical Framework and Hypothesismentioning

confidence: 99%

ESG performance and green innovation: An investigation based on quantile regression

et al. 2023

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Using panel data from 37 countries from 1990 to 2019 and applying a quantile regression approach with panel fixed effects, we investigate the impact of national Environmental, Social, and Governance (ESG) performance on green innovation and how this impact varies across different green innovation capacity distributions. The research conclusions are as follows. (1) National ESG performance improvement significantly promotes green innovation. (2) The improvement of environmental performance and governance performance significantly promotes green innovation, but in countries with weak green innovation capabilities, the improvement of social performance reduces the output of green innovation. (3) The role of national ESG performance in promoting green innovation is stronger in countries with weak green innovation capabilities. (4) In non‐high‐income countries, the stronger the green innovation capability is, the more obvious is the promotion of ESG performance to green innovation. The findings of this paper provide empirical evidence and a policy basis for governments to focus on improving ESG performance and to commit to promoting green innovation activities more effectively.

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“…In SIGET PROS, the environment dimension (ED) serves as a reference for defining business policies and strategies (Wang et al, 2023). It includes four attributes: (i) appropriation of political-legal factors to define a firm's orientation (Li & Jin, 2021); (ii) context to which firms must quickly adapt; (iiI) factors associated with socioenvironmental aspects (Florez Rios & Morales Sierra, 2019) that meet the demands of the environment; and (iv) aspects related to international trends, which serve as references for strategic design (Ragazou et al, 2022).…”

Section: • the Environment Dimensionmentioning

confidence: 99%

Hologram of Firms with Respect to the Productive Fabric of a Region: A Case of Business Transformation through Knowledge Transfer in Medellín (Colombia)

Betancur,

Rodriguez,

Restrepo

et al. 2023

ECKM

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The holographic principle states that the whole is contained in each of its parts. In this study, we apply the holographic concept to business studies, with a particular focus on how business transformation might have an impact on the growth of a region. Following an experimental approach, mixed methods research was used to collect descriptive data from a set of firms in Medellín (Colombia). Two measurements (MET1 and MET2) were performed as part of the management model (MM) implemented, which allowed us to quantify the variables defined in the MM. Once a transformation was evidenced, a second measurement was carried out to compare the results and identify improvements in each dimension of the intervened firms. Additionally, the findings of this research (conducted over the course of eight years) were contrasted, from a holographic perspective and per economic sector, with reports on the region’s economic growth provided by organisations such as the local chambers of commerce. Through the implementation of an MM developed by the Universidad de Envigado in a set of firms in the region, this study contributes to the literature on how the university impacts the industry through knowledge transfer.

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Study on the impact of business environment on private enterprises' technological innovation from the perspective of transaction cost

Cited by 36 publications

References 29 publications

Evaluation and optimization of business environment based on sustainable development perspective: Exploring the role of the reform of government functions

Evaluation and optimization of business environment based on sustainable development perspective: Exploring the role of the reform of government functions

ESG performance and green innovation: An investigation based on quantile regression

Hologram of Firms with Respect to the Productive Fabric of a Region: A Case of Business Transformation through Knowledge Transfer in Medellín (Colombia)

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