Breakthrough technological innovation, market competition, and corporate competitive advantage

Hongqi Wang, Linfeng Zhang and Dandan Xu

Finance Research Letters, 2025, vol. 76, issue C

Abstract: Using data from Chinese publicly listed companies from 2012 to 2022, this study examines the relationship among breakthrough technological innovation, market competition, and corporate competitive advantage. Findings suggest that breakthrough technological innovation and market competition enhance corporate competitive advantage. Furthermore, market competition plays a mediating role in the relationship between groundbreaking technological innovation and firms’ competitive advantage, displaying heterogeneity between state-owned and private enterprises. Market competition exerts a threshold effect on firms’ competitive advantage.

Keywords: Breakthrough technological innovation; Market innovation; Competitive advantage (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612325002946
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:76:y:2025:i:c:s1544612325002946

DOI: 10.1016/j.frl.2025.107030

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 ().