Published Version (Advanced Access)CC BY-NC V4.0, Open Access
Abstract
process innovation product innovation research and development firm performance China
Alongside rapid economic growth, the Chinese economy has witnessed a notable increase in research and development (R&D) expenditure, escalating from 0.56 per cent of GDP in 1996 to 2.43 per cent in 2021. Recognising the significance of innovation in economic growth, this article utilises unique firm-level data from China for the year 2012 to investigate the influence of R&D, product innovation and process innovation on firm productivity. The findings suggest that R&D positively affects the performance of Chinese firms, as measured by either firm sales or sales per permanent full-time employee. Moreover, product innovation may have a detrimental impact on firm performance, whereas the impact of process innovation lacks robustness.
Details
Title
R&D, Product and Process Innovation, and Firm Performance: A Case Study of the Chinese Firms
Authors
Sajid Anwar (Corresponding Author) - University of the Sunshine Coast, Queensland, School of Business and Creative Industries
Sizhong Sun - James Cook University
Publication details
Arthaniti, Vol.Advanced access
Publisher
Sage Publications Ltd.
DOI
10.1177/09767479241247615
ISSN
2517-2654; 0976-7479
Organisation Unit
School of Business and Creative Industries; Indigenous and Transcultural Research Centre