文献类型： 外文期刊

作者： Chi, Zexin ¹ ; Jiang, Fu ¹ ; Yan, Lu ² ; Wang, Changsong ¹ ; Chen, Xihui ³ ; Esposito, Luca ⁵ ;

作者机构： 1.Jiangxi Acad Agr Sci, Inst Agr Econ & Informat, Nanchang 330200, Jiangxi, Peoples R China

2.Nanchang Hangkong Univ, Sch Humanity & Law, Nanchang 330063, Jiangxi, Peoples R China

3.Zhejiang Univ Technol, Sch Management, Hangzhou 310000, Zhejiang, Peoples R China

4.Hangzhou United Rural Commercial Bank, Innovat & Dev Res Ctr, Hangzhou 310000, Peoples R China

5.Univ Eastern Finland, Karelian Inst, Joensuu 80100, Finland

6.Univ Salerno, Dept Econ & Stat, I-84100 Salerno, Italy

关键词： Strategic differentiation; Enterprise innovation; Viability; Threshold model; Quality development

期刊名称：ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY （ 影响因子：4.9； 五年影响因子：4.7 ）

ISSN： 1387-585X

年卷期： 2023 年

页码：

收录情况： SCI

摘要： Viability is the key to driving enterprises towards high-quality development. This paper takes listed companies in China's manufacturing industry as the object of study during 2007-2021, empirically analyses the impact of enterprise innovation on viability and the moderating impacts of strategic differentiation on the relationship between enterprise innovation and viability from the point of view of innovation inputs and innovation outputs, and extends the analysis of the threshold effect of strategic differentiation on the impact of enterprise innovation and viability. The findings show that the level of viability varies across firms, that firm innovation is conducive to enhancing the level of viability, and that there is a moderating effect of strategic differentiation and vital innovation on viability. The result still holds in the robustness tests with replacing core variables, changing samples, and instrumental variables, while it has heterogeneous effects across different equity properties, spatial geographic locations, and high technology dependence. Further analysis reveals a threshold effect of strategic differentiation on the relationship between enterprise innovation and viability. The outcome demonstrates that choosing a strategy aligned with industry conventions and strengthening enterprise innovation is conducive to enhancing enterprises' viability to foster the manufacturing industry's high-quality growth.