ISSN: IJSB: 2520-4750 (Online), 2521-3040 (Print) JSR : 2708-7085 (online)

TThe Impact of Government Support and Technological Innovation on Enterprise Performance: A Case Study of Guangdong Hi- tech Enterprises

 Author (s)

CHEN WEIJUN

Abstract

In the context of the spread of the global epidemic and economic downturn, promoting enterprises’ scientific and technological strength and innovation ability is not only a practical need for building an innovative country but also a way to encourage the development of enterprises to maximize profits. This research focuses on the problems in the process of high-tech enterprises’ technological innovation to improve enterprise performance under the conditions of government support. This study analyses the impact of government support on enterprise performance from two aspects: Government subsidies and policy orientation. This research uses the questionnaire method to explore the topic empirically. The research results show that, first, non-selective government subsidies and selective government subsidies are conducive to the improvement of the technological innovation level of enterprises; second, tax preference policies, government procurement policies, and financial support policies help to enhance the technological innovation capabilities of enterprises; third, the non-selective government subsidies and the selective government subsidies can jointly promote the performance of high-tech enterprises; fourth, building support based on diversified policies is the driving force to improve enterprise performance; fifth, technological innovation affects the high-quality development of high-tech enterprises; sixth, technological innovation affects the path of government subsidies to enhance enterprise performance; seventh, give play to the intermediary role of technological innovation in policy orientation to enhance enterprise performance. Given the above conclusions, this study provides specific suggestions for high-tech enterprises to improve their performance from the perspectives of government, industry and enterprises.

Keywords: Government subsidies, Policy orientation, Technological innovation, Enterprise performance.

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Title: The Impact of Government Support and Technological Innovation on Enterprise Performance: A Case Study of Guangdong Hi- tech Enterprises
Author: CHEN WEIJUN
Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://10.5281/zenodo.7187713
Media: Online
Volume: 14
Issue: 1
Issue publication (Year): 2022
Acceptance Date: 11/10/2022
Date of Publication: 12/10/2022
PDF URL: https://ijsab.com/wp-content/uploads/2005.pdf
Free download: Available
Page: 196-231
First Page: 196
Last Page: 231
Paper Type: Research paper
Current Status: Published

 

Cite This Article:

CHEN WEIJUN (2022). The Impact of Government Support and Technological Innovation on Enterprise Performance: A Case Study of Guangdong  Hi- tech Enterprises. International Journal of Science and Business, 14(1), 196-231. doi: https://doi.org/ 10.5281/zenodo.7187713

Retrieved from https://ijsab.com/wp-content/uploads/2005.pdf

About Author (s)

CHEN WEIJUN, Asia Metropolitan University, Malaysia.

 

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DOI: https://doi.org/10.5281/zenodo.7187713

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