Urban Digital Technology, Innovation Heterogeneity and Export Product Technical Complexity of “Hidden Champion” Enterprises

Abstract

Abstract: On the basis of clarifying the mechanism of urban digital technology and different innovation types affecting the technical complexity of export products of the hidden champion enterprises, this paper makes use of the patent data of the hidden champion enterprises and the import and export matching data of the customs from 2011 to 2016 to conduct an empirical analysis of the different impacts of different types of innovation on the technical complexity of the hidden champion enterprises' export products. From the perspective of product innovation, it also explores the impact of urban digital technology on the technical complexity of the hidden champion enterprises' export products. The results show that both the urban digital technology and the product innovation have direct significant improving effects on the technical complexity of the hidden champion enterprises' export products, however, the effects have significant differences due to the corporate heterogeneity. At the initial stage of the transformation, product innovation squeezes the ivestment in digital transformation of enterprises, which slows down the positive promoting effect of urban digital technology on the technical complexity of the hidden champion enterprises' export products. The urban digital technology can significantly improve the technical complexity of the export products of hidden champion enterprises through the intermediary channel of product innovation,

Key words: urban digital technology, innovation heterogeneity, hidden champion, technical complexity

CLC Number:

LIU Ze-yan, LIN Han-chuan, ZHANG Si-xue. Urban Digital Technology, Innovation Heterogeneity and Export Product Technical Complexity of “Hidden Champion” Enterprises[J]. Contemporary Finance & Economics, 2021, 0(10): 103-116.

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