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The Influence Mechanisms of Policy Guidance on the Innovation Performance of Enterprises: A Case Study on High-Technology Shipbuilding Enterprises

In: Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)

Author

Listed:
  • Jie Yin

    (Jiangsu University of Science and Technology, School of Economic and Management)

  • Zhihao Cheng

    (Jiangsu University of Science and Technology, School of Economic and Management)

  • Feng Li

    (Jiangsu University of Science and Technology, School of Economic and Management)

Abstract

Overnment policy guidance plays a pivotal role in promoting supply, driving demand, shaping the environment, and other aspects of enterprise development. Research on the impacts of policy guidance helps governments to implement precise policies and provide policy bases for the innovation and development of enterprises. By combining the innovation characteristics of high-tech shipbuilding enterprises in China, we constructed a model of the influence factors of government policy guidance on the innovation performance of enterprises from the perspectives of innovation planning, research and development (R&D), and industrialization. We used the original innovation capability of enterprises as the mediating variable and empirically studied the influence mechanisms of policy guidance on the innovation performance of high-tech shipbuilding enterprises by collecting data from domestic high-tech shipbuilding enterprises. Finally, from these research findings, we systematically propose policy suggestions for improving the innovation performance of high-tech shipbuilding enterprises in China in terms of innovation planning, R&D and industrialization.

Suggested Citation

  • Jie Yin & Zhihao Cheng & Feng Li, 2023. "The Influence Mechanisms of Policy Guidance on the Innovation Performance of Enterprises: A Case Study on High-Technology Shipbuilding Enterprises," Advances in Economics, Business and Management Research, in: Yushi Jiang & Guangming Li & Wilson Xinbao Li (ed.), Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023), pages 439-452, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-142-5_50
    DOI: 10.2991/978-94-6463-142-5_50
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