The Long-term Mechanism of Public Procurement Influencing Technological Innovation of Manufacturing Enterprises:Moderating Effect of Winning the Bid
Based on micro data of Chinese manufacturing companies listed from 2013 to 2020,this paper compared the in-centive effects of accidental and sustained public procurement on firm technological innovation and examined the moderating effect of winning bids on their relationship.The results show that public procurement can promote technological innovation in manufacturing enterprises,and sustained public procurement is more effective than accidental public procurement in enhan-cing the incentive effect of technological innovation.Winning bids significantly moderate the relationship between sustained public procurement and firm technological innovation,and different variables have different moderating effects.Compared to companies that were established earlier,companies that won their first bid later achieved more prominent results through public procurement.The number of winning bids positively moderates the relationship between sustained public procurement and technological innovation,with companies that won more bids submitting twice as many patent applications as those fe-wer.Companies with greater technological accumulation achieved more significant results in promoting technological innova-tion through public procurement.
public procurementsustainabilitytechnological innovationwinning bidspropensity score matching method