Measurement of Enterprise Inclusive Innovation:New Methods Based on Large Lan-guage Model
Inclusive innovation,as an emerging form of enterprise innovation aimed at creating multifaceted value for the Base of the Pyramid(BoP)market,has garnered significant attention within the academic community.However,there remains a lack of an objective,efficient,and precise method to measure this crucial indicator.To address this gap,a keyword dictionary was constructed,and effective statements containing these keywords were manually labeled from 31,549 annual reports of listed companies spanning from 2013 to 2022.Using the labeled data,the BERT pre-training model was fine-tuned and trained.Then the model exhibiting the highest classification performance during the training process was selected to categorize all texts.Consequently,an enterprise inclusive innovation measurement index was developed.Further correlation and effectiveness tests revealed that enterprise inclusive innovation exhibits distinct regional distribution patterns and industry-specific variations,and is strongly associated with national policies.These findings provide robust validation for the rationality of the constructed enterprise inclusive innovation indicators.The research outcomes are of great significance for promoting research in the domain of enterprise inclusive innovation.
enterprise inclusive innovationbottom of the pyramid(BoP)strategylarge language modelBERT pre-training model