The Impact of Technological Innovation in Electric Power Enterprises on Business Performance —— Empirical Study on A-share and H-share Listed Companies
Xupeng Wang (),
Nan Hu (),
Xuan Zhang () and
Xinchen Deng ()
Additional contact information
Xupeng Wang: State Grid Energy Research Institute Co., LTD.
Nan Hu: State Grid Yingda International Holdings Group Co., LTD.
Xuan Zhang: State Grid Yingda International Holdings Group Co., LTD.
Xinchen Deng: State Grid Energy Research Institute Co., LTD.
A chapter in Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024), 2024, pp 254-260 from Springer
Abstract:
Abstract Based on 451 listed A-share and H-share power companies from 2009 to 2023, this study empirically examines the impact of technological innovation on business performance in power companies. The research results indicate that increasing investment in technological research and development is beneficial for improving the operational performance of power enterprises, but it varies for different types of enterprises. Non state-owned power enterprises’ investment in technological innovation has a greater promoting effect on operational performance. Based on the research results, with the goal of improving the operational performance of different types of power enterprises, this article proposes relevant suggestions for state-owned and non-state-owned power enterprises to increase investment in scientific and technological innovation.
Keywords: technological innovation; state-owned enterprise management performance (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-638-3_25
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DOI: 10.2991/978-94-6463-638-3_25
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