突击创新驱动高技术产业创新质量：机制、绩效及风险

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Abstract With the escalation of Sino-US trade friction and the slowdown of globalization, China’s high-tech industry faces a tough situation in development. Radical innovation in a limited period of time is an important development approach. Unlike sustainable innovation, radical innovation refers to the activities that enterprises mobilize all resources, create a favorable innovation environment, roll out a series of innovation policies, and increase R & D funding and human resources in a short period of time to achieve desired results. Theoretical analysis shows that radical innovation has both positive and negative effects on innovation quality, and the final result depends on the difference between the two effects. Based on the statistics of China’s high-tech industry from 2010 to 2019, this paper employs a variety of estimation methods analyzing the relationship between radical innovation and innovation quality. The findings are as follows. A full sample of data shows that radical innovation does not have very positive effect on innovation quality, with an elasticity coefficient of -0.093. Heterogeneity analysis shows that in enterprises with high innovation quality, radical innovation is positively related to innovation quality and that small businesses of smaller innovation scales can do quite well in radical innovation. The interaction analysis shows that there is a good interaction between radical innovation and innovation quality. To give full play to the positive factors of radical innovation and promote high-quality development of high-tech industries, enterprises should pursue innovation in accordance with their own situation. The state should provide small businesses favorable policies in radical innovation, and policies regarding radical innovation in some key areas should be introduced as soon as possible.

Key words： radical innovation sustainable innovation innovation quality innovation performance high-tech industry

Received: 27 August 2022

PACS:

G302

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	Articles by authors
	YU Li-ping
	ZHANG Hong-ru

Cite this article:

YU Li-ping,ZHANG Hong-ru. How Radical Innovation Drives Innovation Quality in High-tech Industry: Mechanism, Performance and Risks[J]. , 2022, 39(6): 63-75.

URL:

https://xb.szu.edu.cn/EN/ OR https://xb.szu.edu.cn/EN/Y2022/V39/I6/63

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