Pub Date : 2024-07-15DOI: 10.54254/2977-5701/6/2024050
Jiaxin Gao
This paper takes the Yangtze River Delta integration as the research object, deeply explores the application and importance of the dual-layer governance model in the process of Chinas regional integration. Through the analysis of the practice of Yangtze River Delta integration, it expounds the connotation and characteristics of the dual-layer governance model, as well as the key role played by the leadership and coordination bodies in it. Meanwhile, it analyzes the current challenges and problems, and puts forward corresponding countermeasures and suggestions, aiming to provide theoretical reference and practical guidance for promoting the development of Chinas regional integration.
{"title":"Research on the Dual-Layer Governance Model and Leadership and Coordination Bodies in Chinas Regional Integration with a Focus on the Yangtze River Delta Integration","authors":"Jiaxin Gao","doi":"10.54254/2977-5701/6/2024050","DOIUrl":"https://doi.org/10.54254/2977-5701/6/2024050","url":null,"abstract":"This paper takes the Yangtze River Delta integration as the research object, deeply explores the application and importance of the dual-layer governance model in the process of Chinas regional integration. Through the analysis of the practice of Yangtze River Delta integration, it expounds the connotation and characteristics of the dual-layer governance model, as well as the key role played by the leadership and coordination bodies in it. Meanwhile, it analyzes the current challenges and problems, and puts forward corresponding countermeasures and suggestions, aiming to provide theoretical reference and practical guidance for promoting the development of Chinas regional integration.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":" 44","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141833219","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-15DOI: 10.54254/2977-5701/6/2024048
Xueying Yue, Huarui Qi
Enhancing corporate innovation capabilities in complex and uncertain environments is a focal point of societal concern. This study examines the impact of executive compensation performance sensitivity on corporate innovation against the backdrop of environmental uncertainty, using a sample of listed companies on the Shanghai and Shenzhen A-shares market from 2015 to 2020. Empirical results indicate that executive compensation performance sensitivity significantly inhibits corporate innovation; however, this inhibitory effect varies with the characteristics of the environment and the industry in which the company operates. As environmental uncertainty increases, this inhibitory effect becomes insignificant. High-tech enterprises, due to their strong motivation for innovation, can offset the inhibitory effect of executive compensation performance sensitivity on corporate innovation. Nevertheless, in highly uncertain environments, where resource constraints and risks are heightened, the inhibitory effect of executive compensation performance sensitivity on corporate innovation in high-tech enterprises becomes significant. The conclusions of this study contribute to the understanding of the motivational effects of executive compensation contracts in uncertain environments, provide a reference for evaluating the effectiveness of performance-based compensation from the perspective of corporate innovation, and offer insights for companies in designing and refining executive compensation incentive plans according to the times and industry characteristics.
在复杂和不确定的环境中提高企业创新能力是社会关注的焦点。本研究以 2015-2020 年沪深 A 股上市公司为样本，考察了环境不确定性背景下高管薪酬绩效敏感性对企业创新的影响。实证结果表明，高管薪酬绩效敏感性会显著抑制企业创新；然而，这种抑制作用会随着企业所处环境和行业特征的不同而变化。随着环境不确定性的增加，这种抑制作用变得不明显。高科技企业由于具有强烈的创新动机，可以抵消高管薪酬绩效敏感性对企业创新的抑制作用。然而，在高度不确定的环境中，资源约束和风险加剧，高管薪酬绩效敏感性对高科技企业创新的抑制作用变得显著。本研究的结论有助于理解不确定环境下高管薪酬契约的激励效应，为从企业创新的角度评价绩效薪酬的有效性提供参考，并为企业根据时代和行业特点设计和完善高管薪酬激励计划提供启示。
{"title":"The Impact of Executive Compensation Performance Sensitivity on Corporate Innovation in an Uncertain Environment","authors":"Xueying Yue, Huarui Qi","doi":"10.54254/2977-5701/6/2024048","DOIUrl":"https://doi.org/10.54254/2977-5701/6/2024048","url":null,"abstract":"Enhancing corporate innovation capabilities in complex and uncertain environments is a focal point of societal concern. This study examines the impact of executive compensation performance sensitivity on corporate innovation against the backdrop of environmental uncertainty, using a sample of listed companies on the Shanghai and Shenzhen A-shares market from 2015 to 2020. Empirical results indicate that executive compensation performance sensitivity significantly inhibits corporate innovation; however, this inhibitory effect varies with the characteristics of the environment and the industry in which the company operates. As environmental uncertainty increases, this inhibitory effect becomes insignificant. High-tech enterprises, due to their strong motivation for innovation, can offset the inhibitory effect of executive compensation performance sensitivity on corporate innovation. Nevertheless, in highly uncertain environments, where resource constraints and risks are heightened, the inhibitory effect of executive compensation performance sensitivity on corporate innovation in high-tech enterprises becomes significant. The conclusions of this study contribute to the understanding of the motivational effects of executive compensation contracts in uncertain environments, provide a reference for evaluating the effectiveness of performance-based compensation from the perspective of corporate innovation, and offer insights for companies in designing and refining executive compensation incentive plans according to the times and industry characteristics.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":" 40","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141832712","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-15DOI: 10.54254/2977-5701/6/2024052
Zihan Zhao, Chengyuan Peng
This study examines the dual impact of Foreign Direct Investment (FDI) on environmental quality in host countries, differentiating between developing and developed nations. Linear regression analysis of income-segmented data reveals that FDI reduces greenhouse gas emissions globally but increases pollution in middle-income countries while reducing it in high-income countries. Robustness checks validate these findings. FDI's environmental impacts vary with the host country's regulatory environment and development status. Positive impacts include advanced technology transfer and improved resource efficiency, while negative impacts involve the "pollution haven" effect and resource over-exploitation by foreign investors. To maximize benefits and minimize drawbacks, host governments should provide incentives for environmentally friendly investments, promote knowledge exchange, and enforce robust environmental regulations with clear policies and self-reporting mechanisms. These strategies can help host countries harness FDI's advantages while mitigating its environmental risks.
{"title":"The Dual Impact of FDI on Environmental Quality in Host Countries: A Study on the Heterogeneity of Effects in Developing and Developed Nations","authors":"Zihan Zhao, Chengyuan Peng","doi":"10.54254/2977-5701/6/2024052","DOIUrl":"https://doi.org/10.54254/2977-5701/6/2024052","url":null,"abstract":"This study examines the dual impact of Foreign Direct Investment (FDI) on environmental quality in host countries, differentiating between developing and developed nations. Linear regression analysis of income-segmented data reveals that FDI reduces greenhouse gas emissions globally but increases pollution in middle-income countries while reducing it in high-income countries. Robustness checks validate these findings. FDI's environmental impacts vary with the host country's regulatory environment and development status. Positive impacts include advanced technology transfer and improved resource efficiency, while negative impacts involve the \"pollution haven\" effect and resource over-exploitation by foreign investors. To maximize benefits and minimize drawbacks, host governments should provide incentives for environmentally friendly investments, promote knowledge exchange, and enforce robust environmental regulations with clear policies and self-reporting mechanisms. These strategies can help host countries harness FDI's advantages while mitigating its environmental risks.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":" 40","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141833305","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-15DOI: 10.54254/2977-5701/6/2024051
Tianhao Pang
The digital economy significantly promotes fundamental innovation activities and impacts environmental pollution through mechanisms such as optimizing resource allocation, accelerating knowledge flow, and enhancing innovation service efficiency. Based on panel data from 29 provinces in China from 2010 to 2020, this paper employs a panel threshold regression model to investigate the relationship between the digital economy, fundamental innovation, and environmental pollution. The study finds a significant negative correlation between the level of digital economy development and environmental pollution. As the digital economy level increases, the environmental pollution levels in the relevant provinces significantly decrease. Additionally, the impact of technological innovation on the relationship between the digital economy and environmental pollution exhibits nonlinear characteristics. When the level of technological innovation exceeds a specific threshold, the effect of the digital economy on reducing environmental pollution is significantly enhanced. There are regional differences in how digital economy development and technological innovation levels affect environmental pollution. In the eastern coastal regions, where the digital economy and technological innovation are more advanced, the reduction effect on environmental pollution is more pronounced, whereas the effect is relatively limited in the central and western regions. This study provides theoretical support and decision-making references for the construction of ecological civilization and green, low-carbon development.
{"title":"Digital Economy, Technological Innovation, and Environmental Pollution in Different Regions: An Analysis Based on a Threshold Model","authors":"Tianhao Pang","doi":"10.54254/2977-5701/6/2024051","DOIUrl":"https://doi.org/10.54254/2977-5701/6/2024051","url":null,"abstract":"The digital economy significantly promotes fundamental innovation activities and impacts environmental pollution through mechanisms such as optimizing resource allocation, accelerating knowledge flow, and enhancing innovation service efficiency. Based on panel data from 29 provinces in China from 2010 to 2020, this paper employs a panel threshold regression model to investigate the relationship between the digital economy, fundamental innovation, and environmental pollution. The study finds a significant negative correlation between the level of digital economy development and environmental pollution. As the digital economy level increases, the environmental pollution levels in the relevant provinces significantly decrease. Additionally, the impact of technological innovation on the relationship between the digital economy and environmental pollution exhibits nonlinear characteristics. When the level of technological innovation exceeds a specific threshold, the effect of the digital economy on reducing environmental pollution is significantly enhanced. There are regional differences in how digital economy development and technological innovation levels affect environmental pollution. In the eastern coastal regions, where the digital economy and technological innovation are more advanced, the reduction effect on environmental pollution is more pronounced, whereas the effect is relatively limited in the central and western regions. This study provides theoretical support and decision-making references for the construction of ecological civilization and green, low-carbon development.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":" 22","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141833618","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-20DOI: 10.54254/2977-5701/3/2024016
Yidan Gao
Countries may improve renewable energy support policies in the context of economic growth aims and supporting renewable energy development by examining the link between economic growth target(EGT)and renewable energy development(RED). This study explores the effects of economic growth objectives on the development of renewable energy sources and the moderating function of government-market interactions using panel data collected from 30 provinces between 2003 and 2019. The results show that the economic growth objective has an inverted U-shaped effect on the expansion of renewable energy, and all of these findings pass the significance test at the 1% level. The endogeneity and robustness tests are conducted using the one-stage lag approach for explanatory factors, replacement of explained variables, and instrumental variables. The findings indicate that the "inverted U-shaped" relationship between the goal of economic growth and the advancement of renewable energy is steady and that the lag will eventually shorten. Additionally, excessive economic growth can harm interactions between the government and the market, which would hinder the advancement of renewable energy.
{"title":"An Empirical Study of Economic Growth Target on Renewable Energy Development in China","authors":"Yidan Gao","doi":"10.54254/2977-5701/3/2024016","DOIUrl":"https://doi.org/10.54254/2977-5701/3/2024016","url":null,"abstract":"Countries may improve renewable energy support policies in the context of economic growth aims and supporting renewable energy development by examining the link between economic growth target(EGT)and renewable energy development(RED). This study explores the effects of economic growth objectives on the development of renewable energy sources and the moderating function of government-market interactions using panel data collected from 30 provinces between 2003 and 2019. The results show that the economic growth objective has an inverted U-shaped effect on the expansion of renewable energy, and all of these findings pass the significance test at the 1% level. The endogeneity and robustness tests are conducted using the one-stage lag approach for explanatory factors, replacement of explained variables, and instrumental variables. The findings indicate that the \"inverted U-shaped\" relationship between the goal of economic growth and the advancement of renewable energy is steady and that the lag will eventually shorten. Additionally, excessive economic growth can harm interactions between the government and the market, which would hinder the advancement of renewable energy.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"812 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140446290","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-20DOI: 10.54254/2977-5701/3/2024015
Ruilin Ding
This article investigates a unique dataset that includes detailed trading information of three countries stock indices from 2000 to 2022. First, to find that the stock markets of all three countries declined in 2008, due to the financial crisis at that time. Second, calculating the monthly rate of return of three countries and produce the annual portfolio performance outcomes that include returns, volatilities and Sharpe ratios. Third, calculating the maximum drawdowns, and further analyze the market risks of each country. Finally, combining multiple countries stock markets into one portfolio and showcase the portfolio optimization benefits.
{"title":"An Empirical Analysis of Global Stock Markets Evidence from USA, Malaysia and Switzerland","authors":"Ruilin Ding","doi":"10.54254/2977-5701/3/2024015","DOIUrl":"https://doi.org/10.54254/2977-5701/3/2024015","url":null,"abstract":"This article investigates a unique dataset that includes detailed trading information of three countries stock indices from 2000 to 2022. First, to find that the stock markets of all three countries declined in 2008, due to the financial crisis at that time. Second, calculating the monthly rate of return of three countries and produce the annual portfolio performance outcomes that include returns, volatilities and Sharpe ratios. Third, calculating the maximum drawdowns, and further analyze the market risks of each country. Finally, combining multiple countries stock markets into one portfolio and showcase the portfolio optimization benefits.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"144 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140449291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-20DOI: 10.54254/2977-5701/3/2024018
Xuanjing Xu, Bingyan Jin
Starting from the decentralization during the reform and opening-up period in 1978, the growth of China's railroad has gone through the process of decentralization and then re-centralization, which is also one of the most special stages. The development process of CR Express is a epitome of the history of China's railroad development. Since its opening in 2011, its transportation volume has been showing a trend of steady growth. Since the epidemic, the China-Europe liner has ushered in a period of extremely rapid development. The fundamental reason for this is that the unexpected demand under the ad hoc situation has shaped the decentralized policy into a more state-led approach to developing the freight train operation. This paper will focus on this phenomenon, analyze the reasons for this trend from various aspects such as politics, economy, international situation, etc., and elaborate the challenges faced by the CR Express in the post epidemic era as well as the implications of this development process for China's infrastructure construction.
{"title":"Development of A More State-led Approach of Chinese Railway Express During and After the Epidemic","authors":"Xuanjing Xu, Bingyan Jin","doi":"10.54254/2977-5701/3/2024018","DOIUrl":"https://doi.org/10.54254/2977-5701/3/2024018","url":null,"abstract":"Starting from the decentralization during the reform and opening-up period in 1978, the growth of China's railroad has gone through the process of decentralization and then re-centralization, which is also one of the most special stages. The development process of CR Express is a epitome of the history of China's railroad development. Since its opening in 2011, its transportation volume has been showing a trend of steady growth. Since the epidemic, the China-Europe liner has ushered in a period of extremely rapid development. The fundamental reason for this is that the unexpected demand under the ad hoc situation has shaped the decentralized policy into a more state-led approach to developing the freight train operation. This paper will focus on this phenomenon, analyze the reasons for this trend from various aspects such as politics, economy, international situation, etc., and elaborate the challenges faced by the CR Express in the post epidemic era as well as the implications of this development process for China's infrastructure construction.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"103 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140445498","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-20DOI: 10.54254/2977-5701/3/2024012
Sifan Li
The Bangladesh Agreement was signed in 2013. This article revisits the Bangladesh Accord on its tenth anniversary and explores how lessons from the Bangladesh Accord reveal the profound impact of governance gaps on contemporary employment relations. Today, with the globalization of economic activities and the further intensification of governance gaps, it is very meaningful to explore the impact of governance gaps on employment relations. This article explores how governance gaps impact employment relations by examining the implementation and outcomes of the Bangladesh Accord. and further considers the limitations of the impact of private governance on transnational employment relationships. Ultimately, this article believes that the impact of governance gaps on employment relations is powerful and inevitable, and even effective private governance appears to be so vulnerable in the face of governance gaps.
{"title":"The 10th Anniversary of the Bangladesh Accord: Facing the Impact of Governance Gap on Employment Relations","authors":"Sifan Li","doi":"10.54254/2977-5701/3/2024012","DOIUrl":"https://doi.org/10.54254/2977-5701/3/2024012","url":null,"abstract":"The Bangladesh Agreement was signed in 2013. This article revisits the Bangladesh Accord on its tenth anniversary and explores how lessons from the Bangladesh Accord reveal the profound impact of governance gaps on contemporary employment relations. Today, with the globalization of economic activities and the further intensification of governance gaps, it is very meaningful to explore the impact of governance gaps on employment relations. This article explores how governance gaps impact employment relations by examining the implementation and outcomes of the Bangladesh Accord. and further considers the limitations of the impact of private governance on transnational employment relationships. Ultimately, this article believes that the impact of governance gaps on employment relations is powerful and inevitable, and even effective private governance appears to be so vulnerable in the face of governance gaps.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"242 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140447177","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-20DOI: 10.54254/2977-5701/3/2024013
Xingshu Wang
In the Chinese market, Fonterra faces fierce competition with competitors such as Mengniu, especially with the increasing demand for functional, personalized, and healthy products. In response to the challenge of product line similarity, Fonterra should adopt a diversified product portfolio strategy and continue to launch new products, including special functional ingredients, personalized flavors, and innovative products that meet health needs. By reducing reliance on a single product, the company can reduce the impact of market volatility and increase its differentiation against competitors. This strategy will appeal to a wider consumer base, enhance customer loyalty, and effectively mitigate the threat of substitutes. By constantly monitoring market dynamics and competitors' actions, as well as making regular adjustments to its product portfolio, Fonterra will be more flexible in adapting to changes in the marketplace, enhancing its competitiveness and meeting evolving consumer needs, laying a solid foundation for the Company's sustainable growth.
{"title":"Competitive Resilience and Innovation: Fonterra's Strategic Approach to Thriving in the Dynamic Chinese Dairy Market","authors":"Xingshu Wang","doi":"10.54254/2977-5701/3/2024013","DOIUrl":"https://doi.org/10.54254/2977-5701/3/2024013","url":null,"abstract":"In the Chinese market, Fonterra faces fierce competition with competitors such as Mengniu, especially with the increasing demand for functional, personalized, and healthy products. In response to the challenge of product line similarity, Fonterra should adopt a diversified product portfolio strategy and continue to launch new products, including special functional ingredients, personalized flavors, and innovative products that meet health needs. By reducing reliance on a single product, the company can reduce the impact of market volatility and increase its differentiation against competitors. This strategy will appeal to a wider consumer base, enhance customer loyalty, and effectively mitigate the threat of substitutes. By constantly monitoring market dynamics and competitors' actions, as well as making regular adjustments to its product portfolio, Fonterra will be more flexible in adapting to changes in the marketplace, enhancing its competitiveness and meeting evolving consumer needs, laying a solid foundation for the Company's sustainable growth.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"160 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140449006","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-20DOI: 10.54254/2977-5701/3/2024014
Xinwen Li, Wuteng Cao
Digital inclusive finance injects new vitality into the innovation of construction enterprises. Based on the data from six construction enterprises, namely China National Chemical Engineering Co., Ltd., China Railway Construction Corporation Limited, China Railway Group Limited, China State Construction Engineering Corporation (CSCEC), China Energy Engineering Corporation (CEEC), and China Communications Construction Company Limited (CCCC), from 2012 to 2021, this paper delves into the role of digital inclusive finance in fostering innovation within construction enterprises. The research findings demonstrate that digital inclusive finance not only significantly contributes to fostering innovation in construction enterprises but also exhibits sustainability. Finally, recommendations are proposed to promote the impact of digital inclusive finance on innovation in construction enterprises, encompassing aspects of policy formulation, corporate management, and financial institutions.
{"title":"The Impact of Digital Inclusive Finance on Innovation of Construction Enterprises","authors":"Xinwen Li, Wuteng Cao","doi":"10.54254/2977-5701/3/2024014","DOIUrl":"https://doi.org/10.54254/2977-5701/3/2024014","url":null,"abstract":"Digital inclusive finance injects new vitality into the innovation of construction enterprises. Based on the data from six construction enterprises, namely China National Chemical Engineering Co., Ltd., China Railway Construction Corporation Limited, China Railway Group Limited, China State Construction Engineering Corporation (CSCEC), China Energy Engineering Corporation (CEEC), and China Communications Construction Company Limited (CCCC), from 2012 to 2021, this paper delves into the role of digital inclusive finance in fostering innovation within construction enterprises. The research findings demonstrate that digital inclusive finance not only significantly contributes to fostering innovation in construction enterprises but also exhibits sustainability. Finally, recommendations are proposed to promote the impact of digital inclusive finance on innovation in construction enterprises, encompassing aspects of policy formulation, corporate management, and financial institutions.","PeriodicalId":512730,"journal":{"name":"Journal of Applied Economics and Policy Studies","volume":"3 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139957959","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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