Industrial Technological Progress

The Linkage Effect of Leading Technology Enterprises on the Technological Innovation Capability of Enterprises in the Industry

  • Sun Hui ,
  • Zhu Shusen ,
  • Xia Xuechao ,
  • Yang Zedong
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  • (1.Center for Innovation Management Research of Xinjiang, Xinjiang University; 2. School of Economics and Management, Xinjiang University,Urumqi 830046, China)

Received date: 2023-07-10

  Revised date: 2023-10-07

  Online published: 2025-01-10

Abstract

Enterprises are the main force of scientific and technological innovation, and leading technology enterprises can promote the industry to realize overall technological progress by virtue of their technical, scale, and market advantages. Giving full play to the industry linkage of technological innovation capability of leading technology enterprises is an effective way for China to realize scientific and technological self-reliance and self-improvement. Therefore, it is of practical significance to study the industry linkage of technological innovation capability of leading technology enterprises.
Existing research has made useful explorations of the linkage role of technological innovation capability in leading technology enterprises, but the linkage objects of concern are mainly industrial chains and industrial clusters. There is a lack of discussion on the linkage of technological innovation capability within the industry of leading technology enterprises. Thus, this paper focuses on the intra-industry linkage effect of technological innovation capability of leading technology enterprises under the influence of the technology gap within the industry. It utilizes the data of A-share listed companies in Shanghai and Shenzhen from 2012 to 2022, and empirically examines the manifestation of the intra-industry linkage effect of the technological innovation capability of leading technology enterprises from the perspective of technology gap based on the model of productivity catch-up and the effects of the degree of competition, uncertainty of the industry environment, and intensity of production factors on the technological innovation capability of leading technology enterprises under the viewpoint of technology gap and the moderating effect of the degree of industry competition, industry environmental uncertainty and industry factor intensity on the intra-industry linkage of technological innovation capability of leading technology enterprises, and further identify the characteristics of intra-industry linkage of technological innovation capability of leading technology enterprises.
The results of the study show that (1) leading technology enterprises have linkage effects on the technological innovation capability of enterprises in the industry, which is manifested in technological innovation diffusion and technological innovation following; (2) compared with enterprises with a low degree of industry competition, enterprises with a high degree of industry competition have a stronger following effect of technological innovation and a weaker diffusion effect; (3) the higher the degree of competition and environmental uncertainty in the industry, the stronger the following effect and the weaker the diffusion effect of technological innovation of enterprises in the industry; (4) the following effect of technological innovation of enterprises in technology-intensive industries is the strongest, the strongest diffusion effect of technological innovation of enterprises lies in labor-intensive industries, and the following effect and diffusion effect of technological innovation of enterprises in capital-intensive industries is at the intermediate level;(5) the behavior of enterprise technological innovation industry linkage is manifested in the active catch-up rather than passive imitation of enterprises in the same industry, showing the Matthew effect and significant proximity effect.
The contribution of this paper mainly lies in three areas. (1) It explores the manifestation and internal mechanism of the linkage effect of leading technology enterprises on the technological innovation ability of enterprises in the industry from the perspective of technology gaps within the industry, which expands the research perspective of enterprise technological innovation. (2) It clarifies the specific manifestations of the linkage effect of technological innovation capability of leading technology enterprises in the industry, which is a useful supplement to the existing research. (3) By identifying the characteristics and industry differences of intra-industry linkage of technological innovation capability of leading technology enterprises, the study confirms the Matthew effect and the proximity effect, expanding the research perspective on the technology innovation linkage of leading technology enterprises;it further reveals the micro-mechanism of the intra-industry linkage effect of technology innovation capability of leading technology enterprises, and thus the study is of reference significance for promoting the intra-industry linkage of leading technology enterprises.

Cite this article

Sun Hui , Zhu Shusen , Xia Xuechao , Yang Zedong . The Linkage Effect of Leading Technology Enterprises on the Technological Innovation Capability of Enterprises in the Industry[J]. Science & Technology Progress and Policy, 2025 , 42(1) : 70 -80 . DOI: 10.6049/kjjbydc.2023070174

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