Journal
RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE
Volume 58, Issue -, Pages -Publisher
ELSEVIER
DOI: 10.1016/j.ribaf.2021.101429
Keywords
Human capital mismatch; Innovation performance; Knowledge-intensive service industry (KISI); Heterogeneity
Categories
Funding
- Project of National Natural Science Foundation of China [71773047, 72073060]
- General Project of Jiangsu Soft Science Research Program [BR2019059]
- Key Project of Jiangsu Social Science Fund [18EYA004]
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This study found that human capital mismatch exists in China's knowledge-intensive service industries, exerting inhibitory effect on the innovation performance of enterprises, with varying impacts across regions and industries. The research aims to provide useful reference for relevant departments in stimulating innovation and accelerating market reform.
This paper examines the impact of human capital mismatch on the innovation performance of knowledge-intensive service enterprises. Taking China's knowledge-intensive service industries (KISI) as our research object, we construct a human capital allocation measurement framework to evaluate the current state of human capital allocation of sub-industries in China using the 2007 and 2013 Chinese Household Income Project data and Chinese A-share listed company data. Results show that human capital mismatch do exist in China's knowledge-intensive service industries, which exerts inhibitory effect on the innovation performance of KISI enterprises. We further find that such an effect varies with regions and industries. Our study aims to provide useful reference for relevant departments in stimulating innovation and accelerating market reform.
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