Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/327307 
Year of Publication: 
2023
Citation: 
[Journal:] Journal of Innovation & Knowledge (JIK) [ISSN:] 2444-569X [Volume:] 8 [Issue:] 3 [Article No.:] 100398 [Year:] 2023 [Pages:] 1-12
Publisher: 
Elsevier, Amsterdam
Abstract: 
As a vital component of entrepreneurship, innovation spirit is significant for innovation performance. Utilizing the 2015 China Micro and Small Enterprise Survey dataset, we used the Probit and Tobit micro-econometric models to study the relationship between the innovation spirit, research and development (R&D) investment, and innovation performance of micro and small enterprises (MSEs). Our research results show that the innovation spirit of MSEs has a significant promotional effect on innovation performance, and R&D investment is an important internal transmission mechanism for innovation spirit to affect innovation performance. We found that the business environment significantly moderates the impact of innovation spirit on R&D investment and innovation performance. Optimizing the business environment will suppress the impact of innovation spirit on R&D investment and enhance the promotion of innovation spirit on innovation performance. Our results have implications for policymakers about the cultivation of the innovation spirit of MSEs, the optimization of the business environment, and the improvement of the innovation ability of enterprises and the innovation vitality of the market.
Subjects: 
Business environment
Innovation performance
Innovation spirit
MSEs
R&D investment
JEL: 
C13
D91
M21
O32
O33
O38
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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