IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v58y2023ipcs1544612323010073.html
   My bibliography  Save this article

Digital infrastructure and cross-regional collaborative innovation in enterprises

Author

Listed:
  • Tian, Xiaohan
  • Lu, Haiyong

Abstract

This article delves into the role that digital infrastructure plays in facilitating cross-regional collaboration in the innovation processes of enterprises. Collaborative innovation has emerged as a crucial mode of innovation for businesses engaged in technological R&D as the complexity of such R&D grows more sophisticated. In this study, we leveraged the recent nation-wide rollout of China's “Broadband China” strategic pilot program as a natural experiment to empirically investigate the impact of digital infrastructure on cross-regional collaboration in innovation. Our analysis of the financial data of Chinese A-share listed companies from 2008 to 2019 reveals that investments in digital infrastructure have a major impact on encouraging cross-regional collaborative innovation within businesses. Through the study, we examined the mechanisms through which digital infrastructure promotes cross-regional collaboration in innovation and found that the reduction in transaction costs serves as the key rationale for this phenomenon. Moreover, a heterogeneous analysis revealed that businesses with higher levels of technological R&D, industries characterized by rapid technological transformation, and cities with elevated levels of human capital are more likely to benefit from digital infrastructure investments that foster cross-regional collaborative innovation.

Suggested Citation

  • Tian, Xiaohan & Lu, Haiyong, 2023. "Digital infrastructure and cross-regional collaborative innovation in enterprises," Finance Research Letters, Elsevier, vol. 58(PC).
    • Handle: RePEc:eee:finlet:v:58:y:2023:i:pc:s1544612323010073
    DOI: 10.1016/j.frl.2023.104635
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612323010073
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2023.104635?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:58:y:2023:i:pc:s1544612323010073. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.