The Innovation Effect of the Enterprise Market Gravity Center Shift
Under the new development pattern of"dual circulation",how to stimulate the innova-tion vitality of enterprises and achieve technological self-reliance and self-improvement is a major practi-cal problem to China at present.This article examines the impact of market shift on a company's innova-tion capability from both theoretical and empirical perspectives.This research has found that shifting the market focus to domestic markets by enterprises can help improve their innovation capabilities.This con-clusion still holds true after endogeneity treatment and robustness testing;Shifting the market focus to domestic markets can also help promote breakthroughs in"stuck-neck"technique,but there is signifi-cant industry and enterprise heterogeneity in this effect.