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Research on Impact of Enterprise Innovation Capability on Corporate Social Responsibility in Era of Big Data

Received: 12 January 2023    Accepted: 1 February 2023    Published: 9 February 2023
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Abstract

The healthy development of an enterprise promotes the development of the whole society. At the same time, innovation ability is one of the important factors for enterprises to obtain core competitiveness. In the long-term and stable development of enterprises and society, the innovation ability of enterprises and the fulfillment of social responsibilities play a crucial role. First of all, on the basis of understanding the background and current situation of corporate social responsibility management in the era of big data, this paper focuses on government subsidy policies in the era of big data to study the relationship between improving corporate innovation ability and strengthening corporate social responsibility performance. Secondly, this paper makes use of the data of 500 enterprises from 2016 to 2020 by quantitative analysis and empirical analysis. The results show that there is a positive correlation between innovation capability and Corporate social responsibility, and government subsidies positively regulate the impact of innovation capability on corporate social responsibility. Finally, based on the above conclusions, this paper puts forward the following suggestions for economic development: First, enterprises should realize that R&D investment and economic benefits should be equal, and both are the top priority of economic development. Second, companies must actively maintain investment in research and development, using digital technologies such as the Internet, the Internet of Things and big data for front-end and back-end development. Third, to further stimulate the internal vitality of enterprises, the government needs to maintain tax reduction and exemption policies for high-tech enterprises, especially small and medium-sized enterprises.

Published in Journal of Business and Economic Development (Volume 7, Issue 4)
DOI 10.11648/j.jbed.20220704.14
Page(s) 123-128
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Big Data, Innovation, Corporate Social Responsibility, Government Subsidy

References
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[12] Pan Jiadong, Han Shenchao, Xiao Wen. Research on the Impact of Corporate Innovation Quality on Corporate Social Responsibility Performance: Evidence from Shenzhen A-Share Listed Companies [J]. Macro Quality Research, 2021, 9 (3): 15. DOI: 10.13948/j.cnki.hgzlyj.2021.03.008.
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  • APA Style

    Liangcan Liu, Tianhui Chen, Jia Chen, Hang Ren. (2023). Research on Impact of Enterprise Innovation Capability on Corporate Social Responsibility in Era of Big Data. Journal of Business and Economic Development, 7(4), 123-128. https://doi.org/10.11648/j.jbed.20220704.14

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    ACS Style

    Liangcan Liu; Tianhui Chen; Jia Chen; Hang Ren. Research on Impact of Enterprise Innovation Capability on Corporate Social Responsibility in Era of Big Data. J. Bus. Econ. Dev. 2023, 7(4), 123-128. doi: 10.11648/j.jbed.20220704.14

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    AMA Style

    Liangcan Liu, Tianhui Chen, Jia Chen, Hang Ren. Research on Impact of Enterprise Innovation Capability on Corporate Social Responsibility in Era of Big Data. J Bus Econ Dev. 2023;7(4):123-128. doi: 10.11648/j.jbed.20220704.14

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  • @article{10.11648/j.jbed.20220704.14,
      author = {Liangcan Liu and Tianhui Chen and Jia Chen and Hang Ren},
      title = {Research on Impact of Enterprise Innovation Capability on Corporate Social Responsibility in Era of Big Data},
      journal = {Journal of Business and Economic Development},
      volume = {7},
      number = {4},
      pages = {123-128},
      doi = {10.11648/j.jbed.20220704.14},
      url = {https://doi.org/10.11648/j.jbed.20220704.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20220704.14},
      abstract = {The healthy development of an enterprise promotes the development of the whole society. At the same time, innovation ability is one of the important factors for enterprises to obtain core competitiveness. In the long-term and stable development of enterprises and society, the innovation ability of enterprises and the fulfillment of social responsibilities play a crucial role. First of all, on the basis of understanding the background and current situation of corporate social responsibility management in the era of big data, this paper focuses on government subsidy policies in the era of big data to study the relationship between improving corporate innovation ability and strengthening corporate social responsibility performance. Secondly, this paper makes use of the data of 500 enterprises from 2016 to 2020 by quantitative analysis and empirical analysis. The results show that there is a positive correlation between innovation capability and Corporate social responsibility, and government subsidies positively regulate the impact of innovation capability on corporate social responsibility. Finally, based on the above conclusions, this paper puts forward the following suggestions for economic development: First, enterprises should realize that R&D investment and economic benefits should be equal, and both are the top priority of economic development. Second, companies must actively maintain investment in research and development, using digital technologies such as the Internet, the Internet of Things and big data for front-end and back-end development. Third, to further stimulate the internal vitality of enterprises, the government needs to maintain tax reduction and exemption policies for high-tech enterprises, especially small and medium-sized enterprises.},
     year = {2023}
    }
    

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  • TY  - JOUR
    T1  - Research on Impact of Enterprise Innovation Capability on Corporate Social Responsibility in Era of Big Data
    AU  - Liangcan Liu
    AU  - Tianhui Chen
    AU  - Jia Chen
    AU  - Hang Ren
    Y1  - 2023/02/09
    PY  - 2023
    N1  - https://doi.org/10.11648/j.jbed.20220704.14
    DO  - 10.11648/j.jbed.20220704.14
    T2  - Journal of Business and Economic Development
    JF  - Journal of Business and Economic Development
    JO  - Journal of Business and Economic Development
    SP  - 123
    EP  - 128
    PB  - Science Publishing Group
    SN  - 2637-3874
    UR  - https://doi.org/10.11648/j.jbed.20220704.14
    AB  - The healthy development of an enterprise promotes the development of the whole society. At the same time, innovation ability is one of the important factors for enterprises to obtain core competitiveness. In the long-term and stable development of enterprises and society, the innovation ability of enterprises and the fulfillment of social responsibilities play a crucial role. First of all, on the basis of understanding the background and current situation of corporate social responsibility management in the era of big data, this paper focuses on government subsidy policies in the era of big data to study the relationship between improving corporate innovation ability and strengthening corporate social responsibility performance. Secondly, this paper makes use of the data of 500 enterprises from 2016 to 2020 by quantitative analysis and empirical analysis. The results show that there is a positive correlation between innovation capability and Corporate social responsibility, and government subsidies positively regulate the impact of innovation capability on corporate social responsibility. Finally, based on the above conclusions, this paper puts forward the following suggestions for economic development: First, enterprises should realize that R&D investment and economic benefits should be equal, and both are the top priority of economic development. Second, companies must actively maintain investment in research and development, using digital technologies such as the Internet, the Internet of Things and big data for front-end and back-end development. Third, to further stimulate the internal vitality of enterprises, the government needs to maintain tax reduction and exemption policies for high-tech enterprises, especially small and medium-sized enterprises.
    VL  - 7
    IS  - 4
    ER  - 

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Author Information
  • School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China

  • School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China

  • School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China

  • School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China

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