JIT Adoption and Corporate Innovation

Proceedings of the 7th International Conference on Management of e-Commerce and e-Government Pub Date : 2020-07-01 DOI:10.1145/3409891.3409900

Xian Wen, Mengwei Zhang, Lufti Sun, Ziyang Li

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Abstract

JIT (Just-in-time), as a classical operation management system, has made significant contributions to the manufacturing and financial performance of enterprises. Moreover, the adoption of JIT is conducive to the increase of retained earnings of enterprises and becomes a reservoir and buffer pool for corporate innovation. Besides, we employ a double-fixed panel-date regression model to analyze the database of 9051 observations to find the relationship between JIT adoption and corporate innovation. Then we divide patents into three types to study the impact of JIT on the type of corporate innovation. Moreover, we find that JIT adoption promotes the corporate innovation investment and innovation output. When we use different types of patent to test our hypothesis, this finding also holds. Then the sample has been narrowed and the results remain the same. JIT adoption is beneficial to the innovation of enterprises Also, we find an exciting event that JIT adoption influences the number of short-term patent grants. Our research provides some convincing evidence to support companies in implementing JIT.

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采用JIT与企业创新

JIT (Just-in-time)作为一种经典的运营管理制度，对企业的制造绩效和财务绩效做出了重大贡献。此外，JIT的采用有利于企业留存收益的增加，成为企业创新的蓄水池和缓冲池。此外，我们采用双固定面板-日期回归模型对9051个观测数据进行分析，找出JIT采用与企业创新之间的关系。然后，我们将专利分为三种类型，研究JIT对企业创新类型的影响。此外，我们还发现JIT的采用促进了企业创新投资和创新产出。当我们使用不同类型的专利来检验我们的假设时，这一发现也成立。然后缩小样本范围，结果保持不变。采用JIT有利于企业的创新，同时我们发现了一个令人兴奋的事件，即采用JIT会影响短期专利授权的数量。我们的研究为支持企业实施JIT提供了一些令人信服的证据。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Proceedings of the 7th International Conference on Management of e-Commerce and e-Government

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