Can Non-Subsidized Policies Promote the Innovation Realization of New Energy Vehicle Enterprises?An SCP Paradigm Analysis Perspective
Effective implementation of non-subsidized policies is crucial for stimulating high-level innovation and in-novation performance realization in the new energy vehicle(NEV)industry,which faces a development bottleneck in the subsidized policy.This study uses data from listed NEV enterprises in China between 2012 and 2020 as the research sam-ple.Based on the direct intervention and indirect guidance principles of industrial policy,the non-subsidized policy of NEVs,most closely related to innovation incentive levels,is divided into two dimensions:direct intervention(such as the market access)and indirect guidance(such as the dual-credit policy and government procurement).Furthermore,we inves-tigate the realization of enterprise innovation performance from the perspective of heterogeneous enterprise innovation be-havior under policy influence,with innovation behavior as the intermediate variable.Hence,we construct a complete S-C-P framework for NEV enterprise innovation with innovation behavior as the mediating path.Additionally,we consider the synergistic effects and differences of policy instruments in combination.This study reveals several key findings.First,based on the S-C-P paradigm,the three non-subsidized policies have a direct impact on the innovation behavior and performance of NEV enterprises,with notable differences between them.In the front-end S-C link,the market access policy,represented by direct intervention,is more effective in promoting substan-tive innovation behavior,while the dual-credit policy and government procurement policy in the indirect guidance cate-gory are more likely to favor strategic innovation.In the back-end S-P link,the government procurement policy has the best effect on short-term performance realization,whereas the market access policy and dual-credit policy are more condu-cive to long-term innovation performance realization.Second,in the overall S-C-P framework,the innovation behavior(C)of vehicle enterprises partially mediates the effect of policies,but the efficiency of policy transfer from front-end innova-tion behavior to back-end innovation performance remains low.Third,the policy synergy analysis shows that the"1+1+1"effect of the three policies is not ideal.This study argues that adhering to the"non-subsidy"direction of industrial policy adjustment and vigorously developing non-subsidized policies is effective and necessary from the perspective of the role of NEV non-subsidized poli-cies.At the same time,we must consider the characteristics and emphasis of different types of policy innovation incen-tives.For example,the market access policy can be used as a crucial means of direct intervention in the NEV non-subsi-dized policy,the dual-credit policy can be used as an important link in indirect guiding measures,while the government procurement policy needs to fully recognize and make good use of its"double-edged sword"function.Furthermore,we need to implement a differentiated and dynamic policy mix to expand the effectiveness boundaries of a single policy instrument and to ensure the effective implementation of policies.It is also important to note that within the technological innovation of NEV enterprises,we must establish a synchronous development mechanism of policy innovation incentives and enterprise behavior constraints.This will help effectively increase the proportion of high-level and substantive in-novation within vehicle enterprises and fully realize the effective transformation of policy incentive scope from front-end innovation behavior to back-end innovation performance realization.This study makes two significant contributions.In terms of theoretical contribution,from the mechanism process of"policy resource structure-enterprise innovation behavior-enterprise innovation performance",taking the non-subsidized policy of NEVs as a typical example,this study enriches the research perspective of emerging industry policy and its in-novation function,and expands the theoretical application scope of the S-C-P paradigm.In terms of practical contribution,from the perspective of"non-subsidy"policy research,this study systematically analyzes and effectively distinguishes the innovation realization process of NEV enterprises under the influence of non-subsidized policies.This broadens the existing research ideas on"non-financial incentives"and"non-monetary policies"of NEVs both domestically and interna-tionally,and provides reasonable support for the further improvement of the non-subsidized policy system.
new energy vehiclesnon-subsidized policyinnovation behaviorinnovation performanceS-C-P para-digm
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