Strategic Technological Innovation of Enterprises and Industrial Autonomy and Controllability
Strategic technological innovation,as an important mode of government support for firm innovation activities,is an important path to achieve industrial autonomy and controllability."Strategic"refers to the strategic effectiveness of enterprises in undertaking R&D projects oriented towards the strategic needs of a country.With the deepening reform of the scientific and technological systems and mechanisms,the degree of matching between the R&D objectives of the government and enterprises has gradually increased.From the perspective of project functions,there is a clearer objective for the government to support the R&D activities of enterprises.From the perspective of technical attributes of projects,there is higher technological integration involved in strategic technological innovation.From the point of view of the project organization,strategic technological innovation in enterprises contributes to achieving national goals using a new organizational form.The specialized,refinement,differential,and innovation(SRDI)enterprises are an important link in the security of the national industrial chain,especially in the high-end composition of the industrial chain.As an important part of the SRDI enterprises,manufacturing single champion constitutes one of the best carriers for practicing"strategic".Based on a sample of 111 Chinese listed single champion firms from 2010 to 2021,this paper elaborates on the connotation of strategic technological innovation from the perspective of matching the R&D objectives of firms and the government,proposes a measurement method for input in strategic technological innovation,and explores the role of firms'strategic technological innovation in improving industrial autonomy and controllability and its mechanisms.It is found that firms'strategic technological innovation can enhance industrial autonomy and controllability.The mechanism test shows that strategic technological innovation improves industrial autonomy and controllability by reducing financing constraints for innovation,promoting the extension of organizational boundaries,and facilitating technological iteration and upgrading.Further analyses show that there is a significant medium-and long-term effect of strategic technological innovation on industrial autonomy and controllability,and the short-term effect of private firms'strategic technological innovation on industrial autonomy and controllability is stronger.Non-strategic technological innovation has a positive effect on industrial autonomy and controllability,and there is a substitution effect between strategic and non-strategic technological innovation of state-owned enterprises.This paper enriches related research on the factors influencing industrial autonomy and controllability,which can provide a reference for the choice of firms'technological innovation strategy and high-quality development.
strategic technological innovationR&D project fundingindustrial autonomy and controllabilitySRDI enterprises
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