Human Capital Allocation and Enterprise Innovation Performance: An Example of China's Knowledge-Intensive Service Industry

Xing Li, Yue Guo, Jiani Hou and Jun Liu

Research in International Business and Finance, 2021, vol. 58, issue C

Abstract: This paper examines the impact of human capital mismatch on the innovation performance of knowledge-intensive service enterprises. Taking China's knowledge-intensive service industries (KISI) as our research object, we construct a human capital allocation measurement framework to evaluate the current state of human capital allocation of sub-industries in China using the 2007 and 2013 Chinese Household Income Project data and Chinese A-share listed company data. Results show that human capital mismatch do exist in China's knowledge-intensive service industries, which exerts inhibitory effect on the innovation performance of KISI enterprises. We further find that such an effect varies with regions and industries. Our study aims to provide useful reference for relevant departments in stimulating innovation and accelerating market reform.

Keywords: Human capital mismatch; Innovation performance; Knowledge-intensive service industry (KISI); Heterogeneity (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:58:y:2021:i:c:s0275531921000507

DOI: 10.1016/j.ribaf.2021.101429

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