Technological Innovation,Equity Concentration,and the Service Transformation of Small and Medium-Sized Manufacturing Enterprises——An Empirical Analysis Based on Panel Data
Faced with the turbulence in the international economic environment and the demand for high-quality domestic economic development,many small and medium-sized manufacturing enterprises(SMEs)have opted for the path of service-oriented transformation.This study selected data from A-share small and medium-sized manufacturing enterprises from 2013 to 2022,and conducted a detailed analysis of the current state of service-oriented transformation in these enterprises.It examined the roles of technological innovation and equity concentration in the service-oriented transformation of small and medium-sized manufacturing enterprises.The study revealed a clear trend in the service-oriented transformation of small and medium-sized manufacturing enterprises in recent years,with enterprises in the high-tech manufacturing sector experiencing the most rapid development.Additionally,the types of services predominantly offered vary among enterprises in different technological proficiency manufacturing sectors.Technological innovation and equity concentration play a facilitating role in the service-oriented transformation of small and medium-sized manufacturing enterprises.However,there is a substitutive effect between the facilitating roles of these two factors.
Small and Medium-sized Manufacturing Enterprisesservice transformationtechnological innovationequity concentration
NETL
NSTL
万方数据
