修辞民族主义能促进创新的可持续性吗？

IF 4.8 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2025-06-24 DOI:10.1016/j.iref.2025.104303

Lei Wang , Pu Zhao , Tingting Zhang

{"title":"修辞民族主义能促进创新的可持续性吗？","authors":"Lei Wang , Pu Zhao , Tingting Zhang","doi":"10.1016/j.iref.2025.104303","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines the impact of rhetorical nationalism on firms' innovation sustainability and its underlying mechanisms using data from China's A-share listed companies during 2004–2022. We find that rhetorical nationalism significantly enhances innovation sustainability, a conclusion that remains robust after a series of tests including GMM estimation, Heckman two-stage model, PSM, and random-effects model analyses. Mechanism analysis demonstrates that rhetorical nationalism primarily influences innovation sustainability through two pathways: government support and organizational identity. Heterogeneity analysis further indicates that the positive effect of rhetorical nationalism on innovation sustainability is more pronounced among firms without political ties and those with satisfactory performance.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"102 ","pages":"Article 104303"},"PeriodicalIF":4.8000,"publicationDate":"2025-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Does rhetorical nationalism promote innovation sustainability?\",\"authors\":\"Lei Wang , Pu Zhao , Tingting Zhang\",\"doi\":\"10.1016/j.iref.2025.104303\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study examines the impact of rhetorical nationalism on firms' innovation sustainability and its underlying mechanisms using data from China's A-share listed companies during 2004–2022. We find that rhetorical nationalism significantly enhances innovation sustainability, a conclusion that remains robust after a series of tests including GMM estimation, Heckman two-stage model, PSM, and random-effects model analyses. Mechanism analysis demonstrates that rhetorical nationalism primarily influences innovation sustainability through two pathways: government support and organizational identity. Heterogeneity analysis further indicates that the positive effect of rhetorical nationalism on innovation sustainability is more pronounced among firms without political ties and those with satisfactory performance.</div></div>\",\"PeriodicalId\":14444,\"journal\":{\"name\":\"International Review of Economics & Finance\",\"volume\":\"102 \",\"pages\":\"Article 104303\"},\"PeriodicalIF\":4.8000,\"publicationDate\":\"2025-06-24\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Review of Economics & Finance\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1059056025004666\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Economics & Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1059056025004666","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}

引用次数: 0

摘要

本文利用2004-2022年中国a股上市公司的数据，考察了修辞民族主义对企业创新可持续性的影响及其潜在机制。我们发现，修辞民族主义显著提高了创新可持续性，这一结论在经过GMM估计、Heckman两阶段模型、PSM和随机效应模型分析等一系列检验后仍然是稳健的。机制分析表明，修辞民族主义主要通过政府支持和组织认同两种途径影响创新可持续性。异质性分析进一步表明，修辞民族主义对创新可持续性的积极影响在没有政治关系的企业和绩效良好的企业中更为明显。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Does rhetorical nationalism promote innovation sustainability?

This study examines the impact of rhetorical nationalism on firms' innovation sustainability and its underlying mechanisms using data from China's A-share listed companies during 2004–2022. We find that rhetorical nationalism significantly enhances innovation sustainability, a conclusion that remains robust after a series of tests including GMM estimation, Heckman two-stage model, PSM, and random-effects model analyses. Mechanism analysis demonstrates that rhetorical nationalism primarily influences innovation sustainability through two pathways: government support and organizational identity. Heterogeneity analysis further indicates that the positive effect of rhetorical nationalism on innovation sustainability is more pronounced among firms without political ties and those with satisfactory performance.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.