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Supply chain concentration, industry concentration and enterprise innovation performance

Author

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  • Jiang, Mengting
  • Fang, Jian
  • Yang, Yuecheng
  • Yu, Chengzhi
  • Li, Jieyi

Abstract

This paper selects Chinese A-share-listed manufacturing enterprises as a sample from 2012–2022 to empirically analyse the relationship between supply chain concentration and corporate innovation performance. It is found that there is a significant negative correlation between supplier concentration and corporate innovation and a significant positive correlation between customer concentration and corporate innovation; industry concentration enhances the positive impact of customer concentration on corporate innovation performance; compared with state-owned enterprises, the relationship between supply chain concentration and corporate innovation performance is more significant in private enterprises.

Suggested Citation

  • Jiang, Mengting & Fang, Jian & Yang, Yuecheng & Yu, Chengzhi & Li, Jieyi, 2024. "Supply chain concentration, industry concentration and enterprise innovation performance," Finance Research Letters, Elsevier, vol. 63(C).
    • Handle: RePEc:eee:finlet:v:63:y:2024:i:c:s1544612324004240
    DOI: 10.1016/j.frl.2024.105394
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Jun Li & Xi chen & Chengyuan Wang & Ying Wang, 2025. "Centralization or decentralization? The effect of managerial ability on supply chain concentration," Annals of Operations Research, Springer, vol. 355(2), pages 2727-2748, December.
    2. Liu, Taixing & Yin, Zhichao & Fan, Miaomiao & Korkmaz, Aslihan Gizem & Yue, Pengpeng, 2024. "Green Credit Policy and asset-debt maturity mismatch in highly polluting enterprises: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 83(C), pages 946-965.
    3. Tu, Yubo & Hu, Lingyu & Hua, Xianglu & Li, Haohui, 2025. "Supply chain stability and corporate green technology innovation," International Review of Economics & Finance, Elsevier, vol. 97(C).
    4. Ren, Baoping & Qiu, Zhaoxuan & Liu, Bei, 2025. "Supply chain decarbonisation effects of artificial Intelligence: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 101(C).
    5. Zhao, Yiran & Wu, Wei & Shen, Zhongqi & Ji, Zheng, 2025. "Supply chain transparency and firm performance: the role of customer trust," Finance Research Letters, Elsevier, vol. 85(PA).
    6. He, Chen & Peng, Bo & Dong, Yahao & Deng, Bofu, 2025. "The dual effects of supplier stability on corporate innovation: A path dependence perspective," International Review of Financial Analysis, Elsevier, vol. 106(C).
    7. Cao, Qinwei & Qian, Yu & Zhong, LinFeng & Meng, Qiaoyu, 2026. "Dual regulatory mechanisms and boundary conditions of digital transformation on open innovation: A supply chain dynamic characteristics perspective," Technology in Society, Elsevier, vol. 84(C).
    8. Zhang, Yuan & Li, Ying, 2025. "Enhancing innovation capabilities, digital management, and corporate competitiveness," Finance Research Letters, Elsevier, vol. 73(C).
    9. Dai, Yufan & Kang, Suping & Liu, Wei, 2025. "Government open data and corporate supply chain concentration," International Review of Financial Analysis, Elsevier, vol. 102(C).
    10. Chen, Zhicheng & Wang, Heng & Wu, Qichun, 2025. "From data to decision: How supply chain network restructuring resolves cost stickiness?," Finance Research Letters, Elsevier, vol. 86(PA).
    11. Fan, Jing & Qin, Chuan & Jing, Huiting, 2025. "Credit constraints in business networks: Impact of supply chain linkages and financial uncertainty," Finance Research Letters, Elsevier, vol. 85(PE).
    12. Chai, Limeng & Lai, Kee-hung & Zong, Longyu, 2025. "How digital transformation enhances supply chain transparency? Based on the perspective of information improvement and resource optimization," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 201(C).
    13. Ding, Wenfu & Wang, Lingzhi & Tian, Gaoliang, 2026. "Social credit system implementation and supply chain decision-making: Disclosure and real effect," Economic Modelling, Elsevier, vol. 154(C).
    14. Guo, Lixing & Kuang, Zengjie, 2025. "How does digitalization of the supply chain accelerate the sustainable development of listed companies in the new energy sector?," International Review of Economics & Finance, Elsevier, vol. 103(C).
    15. Dong, Feng & Zhao, Xu & Mangla, Sachin Kumar & Song, Malin, 2025. "Enhanced supply chain resilience under geopolitical risks: The role of artificial intelligence," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 202(C).

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