Jun JIA, Yaqing WEI. Research on Relationship Between Customer Concentration, Financial Slack and Enterprise Innovation[J]. JOURNAL OF UNIVERSITY OF JINAN (Social Science Edition), 2019,29(5):101-111.
Jun JIA, Yaqing WEI. Research on Relationship Between Customer Concentration, Financial Slack and Enterprise Innovation[J]. JOURNAL OF UNIVERSITY OF JINAN (Social Science Edition), 2019,29(5):101-111.DOI:
Taking listed companies in Innovative Pilot Enterprises published by Ministry of Science and Technology of the People's Republic of China
State-owned Assets Supervision and Administration Commission of the State Council and All China Federation of Trade Unions as research samples
using panel data from 2010 to 2017
researching the influence of customer concentration on enterprise dual innovation through panel threshold regression method
and analyzing different financial slack enterprises' choice facing enterprise dual innovation
this paper get some conclusions. First
the relationship between customer concentration and financial slack is inverted U relationship. Customer concentration has more obvious influence on exploratory innovation. Second
when high customer concentration has negative influence on enterprise dual innovation
high financial slack enterprise prefers to choose exploratory innovation. Meanwhile
low financial slack enterprise prefers to choose exploitative innovation because of resource shortage. Research conclusions provide management decision foundation for balanced development of Chinese enterprise dual innovation. Meanwhile
they provide policy suggestions for government incentive policies for innovation.