Innovation depends on exporting and, in particular, on scale and competition in export markets. We develop a theory featuring (1) quality-segmented markets, (2) step-by-step innovation that moves firms forward along the quality ladder, and (3) escape-the-competition motives for innovation. We...

Accelerating the development of the digital economy and building digital industrial clusters with international competitiveness has become an important connotation of China's high-quality economic development. From the perspective of the digital economy, this paper makes an in-depth study of the...

Owing to the evolving nature of markets, firms’ ability to enact strategic innovation plays an essential role when adapting to environmental changes and maintaining advantages under intense competition. Incumbent firms will exhibit superior performance in sustainable growth if they can...