Policy burden and technological innovation of state-owned enterprises
Finance Research Letters, ISSN: 1544-6123, Vol: 70, Page: 106312
2024
- 1Citations
- 4Captures
Metric Options: Counts1 Year3 YearSelecting the 1-year or 3-year option will change the metrics count to percentiles, illustrating how an article or review compares to other articles or reviews within the selected time period in the same journal. Selecting the 1-year option compares the metrics against other articles/reviews that were also published in the same calendar year. Selecting the 3-year option compares the metrics against other articles/reviews that were also published in the same calendar year plus the two years prior.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Article Description
State-owned enterprises (SOEs) possess unique characteristics and play pivotal roles within the economy, necessitating them to bear significant policy burdens. Based on China's A-share listed firms from 2008 to 2021, we empirically analyzed how the policy burden influences SOEs’ capacity for technological innovation. Unlike conventional views, we found that the policy burden significantly improves SOEs’ innovation capability, and this conclusion holds true even after multiple robustness tests. Mechanism research shows that government subsidies and positive media coverage are the transmission pathways for policy burdens to promote innovation in SOEs. Further research revealed that the policy burden is more important in promoting innovative advancement in central and competitive SOEs. Our conclusion confirms the positive aspects of the policy burden and contributes to research on the innovative effects of the policy burden on SOEs.
Bibliographic Details
Elsevier BV
Provide Feedback
Have ideas for a new metric? Would you like to see something else here?Let us know