Artikel
Innovative behavior and the Chinese enterprise survival risk: An empirical research
The Chinese firms face enormous survival risk in economic transition, with an average life expectancy of less than 4 years. We employ propensity score matching and Cox model to overcome the sample bias and right censoring, investigate the inhibitory effect of innovation to firm survival risk both static and dynamic dimensions. There are the following findings from this paper. First, compared with the non-innovative enterprises, the innovative enterprises own higher competence of risk resistance, as innovative activities can release about 12% survival risk for enterprises and extend their survival time by 0.84 year. Second, the influence of innovative intensity on the enterprises' survival probability presents the characteristics of being non-stationary rather than proportional, which means the stronger innovative intensity will not necessarily bring more obvious inhibition effect. Third, the characteristics of being different within enterprises will change the effect of innovation activity on inhibiting survival risk. The survival incremental effect of large-scale enterprises with high productivity through innovative activities is more apparent, as innovative activities help to relieve the agglomeration of survival risk from those long-established enterprises. But those enterprises with financing limit are not suitable for innovative activities.
- Sprache
-
Englisch
- Erschienen in
-
Journal: China Finance and Economic Review ; ISSN: 2196-5633 ; Volume: 4 ; Year: 2016 ; Pages: 1-20 ; Heidelberg: Springer
- Klassifikation
-
Wirtschaft
Firm Behavior: Theory
Firm Performance: Size, Diversification, and Scope
Industry Studies: Manufacturing: General
- Thema
-
Innovative behavior
Survival risk
Cox risk model
Treatment effect
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bao, Zongke
- Ereignis
-
Veröffentlichung
- (wer)
-
Springer
- (wo)
-
Heidelberg
- (wann)
-
2016
- DOI
-
doi:10.1186/s40589-016-0044-9
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Bao, Zongke
- Springer
Entstanden
- 2016
Ähnliche Objekte (12)
Understanding employee innovative behavior and thriving at work: A Chinese perspective
Survival-Kit für Chinesen in Deutschland
Corporate governance, innovative enterprise, and economic development
Essays on contemporary Chinese consumer behavior
Employees' sensitive information disclosure behavior in enterprise information systems
Government-enterprise relation, financing plight and enterprise growth: Empirical evidence from World Bank on Chinese firms
Chinese enterprise management : reforms in economic perspective ; [with 46 tables]
Stochastic Mortality, Subjective Survival Expectations, and Individual Saving Behavior
Stochastic mortality, subjective survival expectations, and individual saving behavior
Bidding behavior in a symmetric Chinese auction
Composable enterprise: agil, flexibel, innovativ : Gamechanger für Organisation, Digitalisierung und Unternehmenssoftware
Enterprise 2.0: A boon or bane for entrepreneurial and innovative expenditures?
Understanding employee innovative behavior and thriving at work: A Chinese perspective
Survival-Kit für Chinesen in Deutschland
Corporate governance, innovative enterprise, and economic development
Essays on contemporary Chinese consumer behavior
Employees' sensitive information disclosure behavior in enterprise information systems
Government-enterprise relation, financing plight and enterprise growth: Empirical evidence from World Bank on Chinese firms
Chinese enterprise management : reforms in economic perspective ; [with 46 tables]
Stochastic Mortality, Subjective Survival Expectations, and Individual Saving Behavior
Stochastic mortality, subjective survival expectations, and individual saving behavior
Bidding behavior in a symmetric Chinese auction
Composable enterprise: agil, flexibel, innovativ : Gamechanger für Organisation, Digitalisierung und Unternehmenssoftware
Enterprise 2.0: A boon or bane for entrepreneurial and innovative expenditures?
Understanding employee innovative behavior and thriving at work: A Chinese perspective
Survival-Kit für Chinesen in Deutschland
Corporate governance, innovative enterprise, and economic development
Essays on contemporary Chinese consumer behavior
Employees' sensitive information disclosure behavior in enterprise information systems
Government-enterprise relation, financing plight and enterprise growth: Empirical evidence from World Bank on Chinese firms
Chinese enterprise management : reforms in economic perspective ; [with 46 tables]
Stochastic Mortality, Subjective Survival Expectations, and Individual Saving Behavior
Stochastic mortality, subjective survival expectations, and individual saving behavior
Bidding behavior in a symmetric Chinese auction
Composable enterprise: agil, flexibel, innovativ : Gamechanger für Organisation, Digitalisierung und Unternehmenssoftware