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Can innovation strengthen organizational resilience? Evidence from Chinese firms

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  • Wang, Xue
  • Nie, Shiqi
  • Liao, Qian
  • Peng, Xiaoyan

Abstract

This study draws on panel data of Chinese A-share listed firms from 2015 to 2023 to examine whether innovation-driven development enhances organizational resilience. Results show that innovation significantly positively affects resilience, with environmental, social, and governance performance and total factor productivity serving as key transmission channels. Ownership structure moderates this relationship, as state-owned enterprises capture a greater share of the resilience gains from innovation. These findings provide new empirical evidence on the role of innovation in resilience-building and offer policy implications for promoting adaptive capacity and advancing high-quality development amid increasing environmental uncertainty.

Suggested Citation

  • Wang, Xue & Nie, Shiqi & Liao, Qian & Peng, Xiaoyan, 2026. "Can innovation strengthen organizational resilience? Evidence from Chinese firms," Finance Research Letters, Elsevier, vol. 91(C).
    • Handle: RePEc:eee:finlet:v:91:y:2026:i:c:s1544612325026790
    DOI: 10.1016/j.frl.2025.109430
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