Identification of high- and new-technology enterprises, supplier relationship and technological innovation: Evidence from China

Lingling Xu and Huijie Zhong

International Review of Economics & Finance, 2024, vol. 94, issue C

Abstract: This paper investigates the effect of the identification of high- and new-technology enterprises on technological innovation from the perspective of supplier relationship for Chinese listed firms over 2007–2020. The results show that the identification of high- and new-technology enterprises significantly promotes technological innovation, verifying the effectiveness of the program. Further, the identification of high- and new-technology enterprises can promote technological innovation by reducing inventory cost. Higher supplier concentration and higher financial constrains will weaken the effect of the identification of high- and new-technology enterprises on firms' technological innovation. This paper offers a new perspective to talk about the effect of IHNTE on firms’ technological innovation.

Keywords: Identification of high- and new-technology enterprises; Supplier relationship; Technological innovation; Inventory cost; Supplier concentration (search for similar items in EconPapers)
JEL-codes: D21 E65 L14 O32 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:94:y:2024:i:c:s1059056024003198

DOI: 10.1016/j.iref.2024.05.022

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