Mass Entrepreneurship and Innovation Demonstration Base Policy and High-quality Development of Enterprises: From the Perspective of Enterprise Technological Innovation
Mass Entrepreneurship and Innovation Demonstration Base Policy and High-quality Development of Enterprises: From the Perspective of Enterprise Technological Innovation
YAO Hailin, HUANG Wei
Business School, Central South University, Changsha 410083, China
Abstract The policy of entrepreneurship and innovation demonstration base (EIDB) is an important measure to implement the innovation-driven development strategy and promote the high-quality development of enterprises, but its effect has not been evaluated effectively. By constructing a multi-time-point double difference model, this paper examines the effect of mass entrepreneurship and innovation demonstration base policy on the high-quality development of enterprises. The results show that, from the perspective of the technological innovation of enterprises, the EIDB policy promotes the high-quality development of enterprises in terms of total quantity, but in terms of the innovation structure, the policy leads to the low-end of the overall innovation structure of enterprises. The analysis of internal mechanism shows that this policy only solves the resource barriers to the high-quality development of enterprises through innovative resource supplement mechanisms such as funds, talents and platforms, but does not break through the barriers of scientific and technological achievements transformation and transaction costs. Heterogeneity analysis shows that the incentive effect of the EIDB policy on high-quality development of enterprises is more obvious in state-owned enterprises and enterprises in central and eastern regions. Further research and analysis confirm that the policy has a spillover effect on the innovation of high-quality development of enterprises.The study provides empirical evidence for the impact of the demonstration base policy on the high-quality development of enterprises, reveals the weak links of the current policy and puts forward relevant policy recommendations.
YAO Hailin,HUANG Wei. Mass Entrepreneurship and Innovation Demonstration Base Policy and High-quality Development of Enterprises: From the Perspective of Enterprise Technological Innovation. Economic Survey, 2022, 39(4): 097.
2022, Vol. 39 
