Author(s)

Changyin Huang ¹

Affiliation(s)

¹ Guangdong Eshore Technology Co., Ltd., Guangzhou, 530000, China

Corresponding Author

Changyin Huang

ABSTRACT

With the digital economy becoming the key driving force of global economic growth, China government has issued a series of policies to promote industrial upgrading and enterprise innovation. This study analyzes the influence of digital economy policy on the innovation activities of state-owned enterprises through three core mechanisms: policy conduction, innovation incentive and resource allocation. Based on the annual report data of state-owned enterprises from 2015 to 2023, a multiple regression model is constructed for empirical analysis. The results show that the digital economy policy significantly increases the R&D investment of state-owned enterprises, improves the success rate of innovative projects, promotes the adoption of new innovative models, and enhances the ability of enterprises to attract high-quality talents. The research holds that the government should continue to strengthen the implementation of digital economy policy to stimulate the innovation vitality of state-owned enterprises and promote the high-quality economic development.

KEYWORDS

State-owned Enterprises; Digital Economy Policy; Innovation and Development

CITE THIS PAPER

Changyin Huang, Research on the Influence of Digital Economy Policy on the Innovation and Development of State-owned Enterprises in China. Information Systems and Economics (2024) Vol. 5: 40-46. DOI: http://dx.doi.org/10.23977/infse.2024.050506.

REFERENCES

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