Enhancing innovation capabilities, digital management, and corporate competitiveness

Yuan Zhang and Ying Li

Finance Research Letters, 2025, vol. 73, issue C

Abstract: This study utilizes data from A-share listed companies from 2011 to 2021 to explore how the enhancement of innovation capabilities impacts corporate competitiveness and to analyze the mechanisms of this effect. The results indicate that the enhancement of innovation capabilities promotes the development of corporate competitiveness, primarily through the improvement of digital management levels and the reduction of financing constraints. Further analysis shows that the positive impact of enhanced innovation capabilities on corporate competitiveness is more significant in state-owned enterprises, companies in the eastern regions, and non-heavy pollution industries.

Keywords: Enhancement of innovation capabilities; Corporate competitiveness; Digital management; Financing constraints; Heterogeneity (search for similar items in EconPapers)
JEL-codes: D24 L25 O32 Q55 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324016246
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:73:y:2025:i:c:s1544612324016246

DOI: 10.1016/j.frl.2024.106595

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().