The Impact of Government Policies and Corporate Collaboration on the Performance of Digital Economy Innovation Platforms in Fujian Province
(1) Rajamangala University of Technology Krungthep
(2) Rajamangala University of Technology Krungthep
(*) Corresponding Author
Abstract
This study aimed to assess the effects of demographics on the performance of digital economy innovation platforms in Fujian province, analyze how government policies and corporate collaboration influence their performance, and identify the barriers and challenges involved in establishing and developing effective platforms. The research framework was developed based on the Balanced Scorecard (BSC) model, integrating efficiency and innovation capacity as key performance indicators. The convenience sampling method was employed to collect data from 400 respondents across various sectors of the company, who are actively engaged in the digital economy ecosystem. Data were analyzed using descriptive statistical methods, including frequency, percentage, mean, and standard deviation. The inferential statistical methods used were the independent sample t-test, one-way ANOVA, and multiple linear regression, all at a statistical significance level of 0.05. The analysis results indicate that the differences in age and work experience have a significant effect on performance in digital economy innovation platforms. Government policies, including financial incentives, regulatory frameworks, and strategic guidance, all contribute to platform performance. The regulatory framework has the most decisive influence, followed by strategic guidance and financial incentives. Corporate collaboration, encompassing joint research and development as well as partnership alliances, has a significant influence on the performance of digital economy innovation platforms. Notably, partnerships and alliances exert a more substantial influence compared to joint research and development. The research recommends a comprehensive approach to enhance platform performance, including strengthening the regular framework and promoting partnership and alliance efforts. Additionally, the study highlights the need for institutional reforms, resource integration, and the establishment of strategic alliances to build a robust digital economy ecosystem in Fujian Province
Keywords
Full Text:
PDFReferences
Bao, L., & Yu, W. (2022). Efficiency-enhancing horizontal mergers in spatial competition with network externalities. Mathematics, 18, 3266.
Chen, Z. (2022). Research on the operation logic and optimal development of digital economy: A case study of Fujian Province, Information System and Economics, Clausius Scientific Press, Canada. Retrieved from: http://166.62.7.99/assets/default/article/2022/01/13/article_1642
European Commission (2020). Digital Innovation Hubs: Helping companies to become more competitive.
Fujian Investment Promotion Center. (2022). Fujian's eight major actions aim to foster a bigger, stronger and better digital economy (2022–2025). Retrieved from: https://fdi.swt.fujian.gov.cn/en/show-
html
Galloway, P. (2017). The Intel-Micron Partnership: A case study in strategic alliances and technology innovation. Journal of Technology Transfer, 42(3), 309–321. https://doi.org/10.1007/s10961-016-9532-1
Hagedoorn, J. (2002). "Inter-firm R&D partnerships: An overview of major trends and patterns since 1960." Research Policy, 31(4), 477–492.
He, Q., Meadows, M., Angwin, D., Gome, E. & Child, J. (2020). Strategic Alliance Research in the Era of Digital Transformation: Perspectives on Future Research, British Journal of Management, V.31(3), 589-617, Retrieved from: https://doi.org/10.1111/1467-8551.12406
Hristov, I., Cristofaro, M., Camilli, R. and Leoni, L. (2024). A system dynamics approach to the balanced scorecard: a review and dynamic strategy map for operations management, Journal of Manufacturing Technology Management, V. 35(4), 705-743. https://www.emerald.com/insight/1741-038X.htm
Inkpen, A. C., & Tsang, E. W. K. (2005). Social Capital, Networks, and Knowledge Transfer, Academy of Management Review, 30(1), 146–165. https://www.jstor.org/stable/pdf/20159100.pdf
Kaplan, R. S., & Norton, D. P. (2001). The strategy-focused organization: How balanced scorecard companies thrive in the new business environment. Harvard Business School Press.
Kohtamäki, M., R. Rabetino and K. Moller (2018). Alliance capabilities: a systematic review and future research directions, Industrial Marketing Management, 68, pp. 188–201, Retrieved from https://www.webofscience.com/wos/woscc/full-record/ WOS:000424310200017
Li, Z., & Lv, T. (2025). The impact of digital economy on the development of the manufacturing industry: An analysis based on the systematic transformation from industrial economy to digital economy. Learning and Exploration, 1–10. https://doi.org/10.20231/j.cnki.xxyts.2025.01.013
Liu, J., Wang, B., Xue, J., Qu, Y., & Shi, Y. (2023). Evaluation of China's digital economy: A case study using entropy and TOPSIS. Procedia Computer Science, 242 (2024),1256-1262. Retrieved from https://www.sciencedirect.com/science/article/pii/S1877050924018659
Liu, K., & Ma, F. (2024). The impact of the digital economy on environmental pollution: A perspective on collaborative governance between government and public, Frontier in Environmental Science, V12, Retrieved from: https://doi.org/10.3389/fenvs.2024.1435714
Li, Q., Liu, L. G., & Shao, J. B. (2021). Supply chain integration and enterprise performance in digital transformation: The moderating effect of entrepreneurship. Economic Management, 43, 5–23.
Lyu, Y., Peng, Y., Liu, H., & Hwang, J.-J. (2022). Impact of digital economy on the provision efficiency for public health services: Empirical study of 31 provinces in China. International Journal of Environmental Research and Public Health, 19(9), 5978. https://doi.org/10.3390/ijerph19105978
Nambisan, J., & Sawhney, G. (2020). Innovation platforms in the digital economy: Key drivers and challenges. Technology Innovation Management Review, 10(3), 34–45. https://doi.org/10.22215/timreview/1311
Tukiainen, T., Leminen, S., & Westerlund, M. (2015). Cities as collaborative innovation platforms. Technology Innovation Management Review, V5(10), 16-23, Retrieved from https://doi.org/10.22215/timreview/933
Wu, X. (2024). Analysis of the innovation effect of enterprises in Fujian Province driven by the digital economy. Financial Theory and Teaching, 6, 63–69. Retrieved from:
https://doi.org/10.13298/j.cnki.ftat.2024.06.002
Yuning, X., Zehao, F., Xin, Y., Siyuan, X., & Shiqin, T. (2023). Research on the cultivation of the digital economy ecosystem in China and Indonesia under the background of the Belt and Road Initiative, American Journal of Chinese Studies, V2(1), pp. 1-15, Retrieved from: https://scispace.com/ papers/research-on-the-cultivation-of-the- digital-economy-ecosystem-3rvl41tc
Zheng, S., & Ma, L. (2023). Digital economy development in Fujian Province: Measurement, international comparative analysis, and policy recommendations. International Journal of Business Studies and Innovation, 3(3), 1–17. https://doi.org/10.35745/ijbsi2023v03.03.0001
Zhang, M. (2024). Development strategies for digital inclusive finance in Fujian Province. Journal of Ningde Normal University (Philosophy and Social Sciences Edition), 4, 105–112.
Zhu, Z., Cui, S., Wang, Y., & Zhu, Z. (2022). Exploration of the collaborative relationship between government, industry, and university from the perspective of collaborative innovation. Retrieved from: https://sciendo.com/article/10.2478/amns.2021.2.00174
Zou, X., & Wang, K. (2016). University-industry knowledge synergy innovation in regional innovation ecosystems: Practical issues, theoretical basis, and research agenda. Journal of Zhejiang University (Humanities and Social Sciences), 46(6), 5–18. (in Chinese).
Zhou, L., Meng, W., Wu, S., & Cheng, X. (2023). Development of digital education in the age of digital transformation: Citing China's practice in smart education as a case study. Science Insights Education Frontiers, 14(2), 2077–2092.
Article Metrics
Abstract view : 0 timesPDF - 0 times
Refbacks
- There are currently no refbacks.
Copyright (c) 2025 English Language and Literature International Conference (ELLiC) Proceedings
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Electronic ISSN: 2579-7263
CD-ROM ISSN: 2579-7549
Published by
FACULTY OF FOREIGN LANGUAGE AND CULTURE
UNIVERSITAS MUHAMMADIYAH SEMARANG
Jl. Kedungmundu Raya No.18 Semarang, Central Java, Indonesia
Phone: +622476740295, email: ellic@unimus.ac.id
