近日，我院万凯博士以第一作者身份完成的学术论文《The Impact of Two-Way Mixing Path Choice on Corporate Innovation-A Quasi-Natural Experiment From China》在SSCI期刊《Australian Economic Papers》在线发表，《Australian Economic Papers》属于季刊，年发文量50篇左右。
论文题目
The Impact of Two-Way Mixing Path Choice on Corporate Innovation-A Quasi-Natural Experiment From China
论文摘要
This study utilizes data from Chinese publicly listed companies between 2008 and 2020 and applies the PSM-DID model to examine the impact of dual mixed-ownership reform and the shift in relative control rights on corporate innovation, as well as the underlying mechanisms. The results indicate that mixed-ownership reform significantly promotes corporate innovation, particularly enhancing innovation levels in state-owned enterprises. This positive impact of mixed-ownership reform on innovation is more pronounced in large state-owned enterprises. Moreover, when private shareholders acquire relative control, the innovation effect of mixed-ownership reform is amplified. The transfer of relative control rights in smaller private enterprises has an even greater positive effect on innovation. Further analysis reveals that market mechanisms can strengthen the innovation effect of mixed-ownership reform in private enterprises, and that such reforms also significantly improve corporate economic performance. Our findings are of great significance for the breakthrough of mixed ownership reform from “quantitative change” to “qualitative change”, as well as for promoting reform through classification and stratification.
作者简介
万凯，博士，杭州电子科技大学经济学院讲师。主要研究方向为数字经济、低碳经济和技术创新，在Journal of Environmental Management、Energy Policy、Economic Analysis and Policy、Applied Economics等核心期刊上发表学术论文18篇。
