Innovation Performance and Technical Innovation of Chinese Textile and Clothing Enterprises

Qingfen Zhang; Yuwen Zheng

doi:10.54097/jid.v2i3.6926

Authors

Qingfen Zhang
Yuwen Zheng

DOI:

https://doi.org/10.54097/jid.v2i3.6926

Keywords:

Technological Innovation, Innovation performance, Textile and clothing enterprises

Abstract

In recent years, as the cycle of changing consumer demand has become shorter and shorter as well as the gradual disappearance of China's demographic dividend, it has led to more difficulties in the development of China's textile and clothing industry. Technological innovation is the power source of enterprise growth. Firstly, this paper analyses the basic situation of China's textile and clothing industry using panel data of A-share listed companies in the textile and garment industry in Shanghai and Shenzhen from 2005 to 2019. Secondly, the empirical study concludes that technological diversification positively affects corporate innovation performance; finally, suggestions are made to address the issues that need to be improved and addressed in China's textile and apparel industry.

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