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Date of Publication:2014-01-01

Journal:科学学与科学技术管理

Affiliation of Author(s):经济管理学院

Issue:10

Page Number:142-149

ISSN No.:1002-0241

Abstract:Innovation is the source for firm survival and development, and due to the presence of sunk costs into the industry, there are differences in the impact degree of innovation on different sectors of firm survival. In this paper, we use China's industrial enterprises above designated size micro data from 1999 to 2007 and binary probit discrete model to analyze the impact mechanisms about innovation behavior of Chinese companies in different sec-tors to the survival probability. The study found that innovation behavior to the survival probability of Chinese en-terprises have a significant role in promoting, but there are differences in the degree of influence in different in-dustries, the probability of enterprises survival is higher in the high sunk costs of industries; influence on survival from innovation behavior within different industries is different. The impact of innovation behavior in textile indus-try on survival was unobvious, while the promoting degree was highest for enterprises in petroleum industry and nonmetallic industry.

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