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An empirical analysis of the influence of human capital on enterprise innovation performance: A focus on the nature of enterprise ownership and enterprise scale.
- Source :
- NURTURE: Journal of Pakistan Home Economics Association; Dec2023, Vol. 17 Issue 4, p618-628, 11p
- Publication Year :
- 2023
-
Abstract
- Purpose: This research examines how the heterogeneity of enterprise ownership nature and scale influences the relationship between human capital and innovation performance. Design/Methodology/Approach: This study makes use of data from the list of companies on China's expanding enterprise market from 2009-2020 through regression analysis using the panel data least squares approach. Findings: Higher levels of human capital and staff training have a positive impact on innovation performance but employee salaries and welfare levels have a negative impact on innovation performance. The effect of human capital stock and employee training on the performance of innovation in companies is more pronounced in state-owned enterprises or small companies. The nature of ownership or enterprise size has no significant effect on employee wage and welfare levels or the innovation performance of enterprises. Conclusion: The study's findings suggest that the relationship between human capital and innovation performance is complex and closely correlated with the type of ownership and size of the business. Research Limitations: More factors of firm heterogeneity such as firm age, industry and region were not verified. Practical Implications: It provides a new way for enterprises to improve innovation performance. Contribution to Literature: The purpose of this paper is to broaden the research viewpoint on how human capital investments affect the performance of enterprise innovation from two perspectives: the nature of enterprise ownership and the size of the enterprise. [ABSTRACT FROM AUTHOR]
- Subjects :
- EMPLOYEE training
WAGES
HUMAN capital
PERFORMANCE
Subjects
Details
- Language :
- English
- ISSN :
- 19941625
- Volume :
- 17
- Issue :
- 4
- Database :
- Supplemental Index
- Journal :
- NURTURE: Journal of Pakistan Home Economics Association
- Publication Type :
- Academic Journal
- Accession number :
- 174210041
- Full Text :
- https://doi.org/10.55951/nurture.v17i4.443