Innovation failure experience, digital inclusive finance and enterprise innovation resilience: Evidence from China

IF 3.9 3区管理学 Q2 BUSINESS

Journal of Engineering and Technology Management Pub Date : 2025-04-01 DOI:10.1016/j.jengtecman.2025.101879

Yang Zhang , wentao Zhou , Lina Ma

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引用次数: 0

Abstract

Innovation failure, as an inherent phenomenon in organizational innovation processes, exerts significant influence on enterprise innovation resilience. Current scholarly discourse inadequately addresses the critical dichotomy of whether innovation failure experience manifests as a "curse" or "blessing" for enterprise innovation resilience. This study empirically investigates this phenomenon by examining Chinese listed manufacturing enterprises, while concurrently analyzing the moderating role of digital inclusive finance. Key findings reveal: (1) Innovation failure experience positively correlates with enhanced innovation resilience; (2) This effect proves particularly pronounced in state-owned and large enterprises, while demonstrating no statistically significant impact on non-state-owned and small-to-medium enterprises; (3) Digital inclusive finance exhibits paradoxical moderation, negatively influencing the innovation failure experience and innovation resilience relationship. These insights provide valuable theoretical foundations for organizational failure management and inform policy-making regarding financial platform governance to enhance innovation resilience.

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创新失败经验、数字普惠金融与企业创新弹性：来自中国的证据

创新失败作为组织创新过程中的一种内在现象，对企业创新弹性有显著影响。目前的学术论述没有充分解决创新失败经验对企业创新弹性是“诅咒”还是“祝福”的关键二分法。本研究以中国制造业上市企业为样本，对这一现象进行实证研究，同时分析数字普惠金融的调节作用。研究发现：(1)创新失败经历与创新弹性增强正相关；(2)这一效应在国有企业和大型企业中尤为明显，而对非国有企业和中小企业的影响没有统计学意义；(3)数字普惠金融呈现悖论调节，负向影响创新失败经验与创新弹性的关系。这些见解为组织失效管理提供了有价值的理论基础，并为金融平台治理的决策提供了信息，以增强创新弹性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Engineering and Technology Management 管理科学-工程：工业

CiteScore

8.00

自引率

6.20%

发文量

审稿时长

>12 weeks

期刊介绍： The Journal of Engineering and Technology Management (JET-M) is an international scholarly refereed research journal which aims to promote the theory and practice of technology, innovation, and engineering management. The journal links engineering, science, and management disciplines. It addresses the issues involved in the planning, development, and implementation of technological capabilities to shape and accomplish the strategic and operational objectives of an organization. It covers not only R&D management, but also the entire spectrum of managerial concerns in technology-based organizations. This includes issues relating to new product development, human resource management, innovation process management, project management, technological fusion, marketing, technological forecasting and strategic planning. The journal provides an interface between technology and other corporate functions, such as R&D, marketing, manufacturing and administration. Its ultimate goal is to make a profound contribution to theory development, research and practice by serving as a leading forum for the publication of scholarly research on all aspects of technology, innovation, and engineering management.