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Configuration Study of the Antecedents of Innovation Willingness and Innovation Output of Chinese Firms |
SHI Ye,ZHANG Anqi,HU Yafei,LI Yuanxu1 |
1. Fudan University, Shanghai, China;2. Shanghai University of International Business and Economics, Shanghai, China |
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Abstract Based on three levels and six conditions of regional financial development level, intellectual property protection, market concentration, enterprise size, enterprise age, and enterprise nature, this study analyzes the antecedent configuration that leads to high innovation willingness, high exploitative innovation, and high exploratory innovation listed and non-high-tech enterprises in China. Through the analysis of antecedent configuration, findings show that: there is no significant positive correlation between innovation willingness and innovation output; The heterogeneity of enterprises, industries, and regions jointly plays a role in the willingness to innovate and innovation output; The size of enterprises has a strong explanatory power in terms of innovation output, but there is inconsistency in the willingness of enterprises to innovate; In a configuration with high innovation willingness, market concentration has a substitute relationship with financial development and intellectual property protection.
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Received: 26 October 2023
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