Mixed Ownership Reform of State-owned Enterprises,Innovation Advantage Improvement and Collaborative Innovation Quality
The improvement of the quality of collaborative innovation in state-owned enterprises is not only vital to the development of the enterprises themselves,but also has a profound impact on the economic prosperity and social progress of the whole country.As an important aspect of state-owned enterprise reform,the mixed ownership reform of state-owned enterprises plays an important role in improving the quality of collaborative innovation of state-owned enterprises.Based on the Shanghai and Shenzhen A-share listed companies from 2008 to 2021 as the research object,this paper empirically studies the impact of the mixed reform of state-owned enterprises on the quality of collaborative innovation of enterprises and its mechanism.The results show that the mixed reform of state-owned enterprises can improve the quality of collaborative innovation;The mechanism test shows that the mixed reform of state-owned enterprises can improve the innovation advantage of enterprises,which is reflected in the enhancement of market competitive advantage and the increase of innovation resources,so as to improve the quality of collaborative innovation of enterprises.Further research shows that in enterprises with higher analyst attention,higher ownership concentration,larger scale and higher audit quality,the impact of state-owned enterprise mixed reform on the quality of collaborative innovation is more obvious.This provides inspiration for how to use mixed reform to improve the quality of collaborative innovation in state-owned enterprises.
mixed ownership reformcollaborative innovation of state-owned enterprisescompetitive advantageinnovation resources