The Impact of City Business Environment on the High-quality Development of Manufacturing Enterprises
High-quality development is the primary task for China as it aims to comprehen-sively build a modern socialist country.Achieving high-quality economic development is based on the high-quality development of enterprises,as the success of these enterprises directly influ-ences the quality and growth of regional economies.The business environment serves as a vital soft power for regional economic development and plays a crucial role in maintaining market con-fidence,stimulating industrial vitality,and promoting the high-quality development of enter-prises.Considering that manufacturing enterprises are central to China's economic development,this study focuses on exploring the relationship between the city business environment and the high-quality development of manufacturing enterprises.It is believed that a favorable business environment is a key factor supporting manufacturing enterprises to achieve high-quality devel-opment.This study constructs the measurement variable for the city business environment from seven dimensions:human resources,financial environment,innovation environment,government environment,public services,market environment,and ecological environment.The entropy-weighted TOPSIS method is applied to evaluate the business environment index and its compo-nent dimensions across 293 prefecture-level cities in China from 2015 to 2021.Based on the paired sample data with 1 374 A-share listed manufacturing enterprises,the study uses a panel regression model and fuzzy-set qualitative comparative analysis method to explore the impact of the city business environment on the high-quality development of manufacturing enterprises and its configuration effect.The results show that the business environment has a significant positive impact on the high-quality development of manufacturing enterprises.Among various factors,the driving ef-fect of the government environment is the strongest,while the effect of human resources is the weakest.Additionally,the effect of the business environment on the high-quality development of manufacturing enterprises shows obvious heterogeneity depending on the size and technical level of the enterprises.However,the heterogeneity is not significant between coastal and inland enter-prises.In addition,it is found that there are three configuration paths to achieve high-quality de-velopment of manufacturing enterprises,namely,non-human-intensive and capital-intensive high-quality development led by non-government,innovation-market-service triple-driving high-quality development stimulated by government and finance,and innovation-market-ecosystem triple-driving high-quality development led by non-government.This study reveals how the city business environment affects the high-quality development of manufacturing enterprises and enriches the theories surrounding business environment and high-quality development.The conclusions of the study highlight the need for municipal govern-ments to pay more attention to the optimization of the business environment,providing new ideas for promoting the high-quality development of manufacturing enterprises.Based on the conclu-sions,three managerial suggestions are proposed:first,the city business environment should be continuously optimized;second,we should scientifically evaluate the heterogeneous effects of business environment optimization policies;finally,each city should adapt its approach to busi-ness environment factors,taking into account specific local resources and technical endowments.Cities should develop business environment optimization plans that match their regional environ-mental strengths to maximize the promotion effect of high-quality development of local manufac-turing enterprises.
city business environmentmanufacturing enterpriseshigh-quality developmentimpactempirical analysis
国家科技期刊平台
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