Qualification and construction enterprise innovation – quasi-natural experiments based on specialized, high-end and innovation-driven “small giant” enterprises

Technological innovation is indispensable for high-quality development in the context of Chinese modernization. In this paper, we use the qualification recognition policy of specialized, high-end and innovation-driven “small giants” as a quasi-natural experiment, and construct a multi-temporal diffe...

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Main Authors: Danhong Shen, Xiangxin Zhao, Shuping Lyu, Huifang Liu, Hongjun Zeng, Shenglin Ma
Format: Article
Language:English
Published: Taylor & Francis Group 2025-04-01
Series:Journal of Asian Architecture and Building Engineering
Subjects:
Online Access:http://dx.doi.org/10.1080/13467581.2025.2486748
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author Danhong Shen
Xiangxin Zhao
Shuping Lyu
Huifang Liu
Hongjun Zeng
Shenglin Ma
author_facet Danhong Shen
Xiangxin Zhao
Shuping Lyu
Huifang Liu
Hongjun Zeng
Shenglin Ma
author_sort Danhong Shen
collection DOAJ
description Technological innovation is indispensable for high-quality development in the context of Chinese modernization. In this paper, we use the qualification recognition policy of specialized, high-end and innovation-driven “small giants” as a quasi-natural experiment, and construct a multi-temporal difference model to investigate the effects of qualification recognition specialized, high-end and innovation-driven of “small giants” on construction enterprise innovation and innovation structure. The study finds that the qualification certification of “small giants” promotes the innovation performance of enterprises and optimizes the innovation structure of enterprises. Mechanism tests show that the qualification of “small giants” improves innovation performance and upgrades the innovation structure of enterprises by alleviating financing constraints, optimizing human capital structure and promoting digital transformation. Heterogeneity analysis reveals that the impact of “small giants” qualification on construction enterprise innovation and innovation structure is more significant in private enterprises and regions with higher marketization level in China. This paper further deepens the impact of the qualification certification of “small giants” on construction enterprise innovation and innovation structure, which is of great theoretical and research significance for optimizing China’s SME cultivation policy and innovation-driven development strategy.
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issn 1347-2852
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publishDate 2025-04-01
publisher Taylor & Francis Group
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series Journal of Asian Architecture and Building Engineering
spelling doaj-art-bc55624343874c1787bca3b82dcb23f82025-08-20T02:16:21ZengTaylor & Francis GroupJournal of Asian Architecture and Building Engineering1347-28522025-04-010011910.1080/13467581.2025.24867482486748Qualification and construction enterprise innovation – quasi-natural experiments based on specialized, high-end and innovation-driven “small giant” enterprisesDanhong Shen0Xiangxin Zhao1Shuping Lyu2Huifang Liu3Hongjun Zeng4Shenglin Ma5North University of ChinaNorth University of ChinaNorth University of ChinaShandong Youth University of Political ScienceRMIT UniversityNorth University of ChinaTechnological innovation is indispensable for high-quality development in the context of Chinese modernization. In this paper, we use the qualification recognition policy of specialized, high-end and innovation-driven “small giants” as a quasi-natural experiment, and construct a multi-temporal difference model to investigate the effects of qualification recognition specialized, high-end and innovation-driven of “small giants” on construction enterprise innovation and innovation structure. The study finds that the qualification certification of “small giants” promotes the innovation performance of enterprises and optimizes the innovation structure of enterprises. Mechanism tests show that the qualification of “small giants” improves innovation performance and upgrades the innovation structure of enterprises by alleviating financing constraints, optimizing human capital structure and promoting digital transformation. Heterogeneity analysis reveals that the impact of “small giants” qualification on construction enterprise innovation and innovation structure is more significant in private enterprises and regions with higher marketization level in China. This paper further deepens the impact of the qualification certification of “small giants” on construction enterprise innovation and innovation structure, which is of great theoretical and research significance for optimizing China’s SME cultivation policy and innovation-driven development strategy.http://dx.doi.org/10.1080/13467581.2025.2486748srdilittle giant enterprisesenterprise innovationinnovation structure
spellingShingle Danhong Shen
Xiangxin Zhao
Shuping Lyu
Huifang Liu
Hongjun Zeng
Shenglin Ma
Qualification and construction enterprise innovation – quasi-natural experiments based on specialized, high-end and innovation-driven “small giant” enterprises
Journal of Asian Architecture and Building Engineering
srdi
little giant enterprises
enterprise innovation
innovation structure
title Qualification and construction enterprise innovation – quasi-natural experiments based on specialized, high-end and innovation-driven “small giant” enterprises
title_full Qualification and construction enterprise innovation – quasi-natural experiments based on specialized, high-end and innovation-driven “small giant” enterprises
title_fullStr Qualification and construction enterprise innovation – quasi-natural experiments based on specialized, high-end and innovation-driven “small giant” enterprises
title_full_unstemmed Qualification and construction enterprise innovation – quasi-natural experiments based on specialized, high-end and innovation-driven “small giant” enterprises
title_short Qualification and construction enterprise innovation – quasi-natural experiments based on specialized, high-end and innovation-driven “small giant” enterprises
title_sort qualification and construction enterprise innovation quasi natural experiments based on specialized high end and innovation driven small giant enterprises
topic srdi
little giant enterprises
enterprise innovation
innovation structure
url http://dx.doi.org/10.1080/13467581.2025.2486748
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