Mechanism of innovation and standardization driving company competitiveness in the digital economy
Data have changed the characteristics of the global value chain in the context of digital economy. Standards and innovation are the key facilitators of digital economy. Considering the collaborative development of innovation and standardization, this paper constructs a theoretical model of the impa...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2023-02-01
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| Series: | Journal of Business Economics and Management |
| Subjects: | |
| Online Access: | https://journals.vilniustech.lt/index.php/JBEM/article/view/17192 |
| _version_ | 1828037878529130496 |
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| author | Jing Yang Lijun Zhou Yuyang Qu Xiang Jin Shishi Fang |
| author_facet | Jing Yang Lijun Zhou Yuyang Qu Xiang Jin Shishi Fang |
| author_sort | Jing Yang |
| collection | DOAJ |
| description |
Data have changed the characteristics of the global value chain in the context of digital economy. Standards and innovation are the key facilitators of digital economy. Considering the collaborative development of innovation and standardization, this paper constructs a theoretical model of the impact of innovation and standardization levels on company competitiveness. Furthermore, the moderating effect of the coupling coordination of innovation and standardization was analyzed for both factors. In total, 171 listed companies in the field of digital economy were selected as the research. The results indicated that a company’s level of innovation and standardization influences company competitiveness. Moreover, the relationship between innovation and standardization was found to be a coordinating development relationship and not a conventional promotion or hindrance. This article also proposed some pertinent suggestions for companies involved in the global value chain competition.
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| first_indexed | 2024-04-10T16:17:51Z |
| format | Article |
| id | doaj.art-2e171a61ea5840d9a81921416fa8c8e4 |
| institution | Directory Open Access Journal |
| issn | 1611-1699 2029-4433 |
| language | English |
| last_indexed | 2024-04-10T16:17:51Z |
| publishDate | 2023-02-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Journal of Business Economics and Management |
| spelling | doaj.art-2e171a61ea5840d9a81921416fa8c8e42023-02-09T16:16:01ZengVilnius Gediminas Technical UniversityJournal of Business Economics and Management1611-16992029-44332023-02-0124110.3846/jbem.2023.17192Mechanism of innovation and standardization driving company competitiveness in the digital economyJing Yang0Lijun Zhou1Yuyang Qu2Xiang Jin3Shishi Fang4College of Economics and Management, China Jiliang University, Hangzhou, ChinaCollege of Economics and Management, China Jiliang University, Hangzhou, ChinaCollege of Economics and Management, China Jiliang University, Hangzhou, ChinaSchool of Marketing, UNSW Business School, University of New South Wales, Sydney, AustraliaCollege of Economics and Management, China Jiliang University, Hangzhou, China Data have changed the characteristics of the global value chain in the context of digital economy. Standards and innovation are the key facilitators of digital economy. Considering the collaborative development of innovation and standardization, this paper constructs a theoretical model of the impact of innovation and standardization levels on company competitiveness. Furthermore, the moderating effect of the coupling coordination of innovation and standardization was analyzed for both factors. In total, 171 listed companies in the field of digital economy were selected as the research. The results indicated that a company’s level of innovation and standardization influences company competitiveness. Moreover, the relationship between innovation and standardization was found to be a coordinating development relationship and not a conventional promotion or hindrance. This article also proposed some pertinent suggestions for companies involved in the global value chain competition. https://journals.vilniustech.lt/index.php/JBEM/article/view/17192technological innovationstandardizationcoupling coordinationdigital economycompetitivenesslisted company |
| spellingShingle | Jing Yang Lijun Zhou Yuyang Qu Xiang Jin Shishi Fang Mechanism of innovation and standardization driving company competitiveness in the digital economy Journal of Business Economics and Management technological innovation standardization coupling coordination digital economy competitiveness listed company |
| title | Mechanism of innovation and standardization driving company competitiveness in the digital economy |
| title_full | Mechanism of innovation and standardization driving company competitiveness in the digital economy |
| title_fullStr | Mechanism of innovation and standardization driving company competitiveness in the digital economy |
| title_full_unstemmed | Mechanism of innovation and standardization driving company competitiveness in the digital economy |
| title_short | Mechanism of innovation and standardization driving company competitiveness in the digital economy |
| title_sort | mechanism of innovation and standardization driving company competitiveness in the digital economy |
| topic | technological innovation standardization coupling coordination digital economy competitiveness listed company |
| url | https://journals.vilniustech.lt/index.php/JBEM/article/view/17192 |
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