Technological innovation strategies of information and communication technology enterprises: A comparative study of China, US, and Europe

Hongxia Wang; Ming Li; Zhiru Wang; Wenyueyang Deng; Zenglian Zhang

doi:10.1016/j.frl.2024.105023

Technological innovation strategies of information and communication technology enterprises: A comparative study of China, US, and Europe

Hongxia Wang, Ming Li, Zhiru Wang, Wenyueyang Deng, Zenglian Zhang^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

2 Citations (Scopus)

Abstract

To investigate the innovation strategies of ICT enterprises, this paper conducted Latent Dirichlet Allocation (LDA) semantic topic analyses. Taking large ICT enterprises in China, the US, and Europe as representatives, the innovation strategies were compared. The results show that US and European firms conducted strategic innovation direction management earlier. However, Chinese firms have strong learning abilities and can quickly catch up. US and European firms are more effective in innovation quality control. Chinese firms have an advantage in innovation output maintenance. The results hold significant reference value in guiding the innovation strategies of ICT enterprises and government policy-making.

Original language	English
Article number	105023
Journal	Finance Research Letters
Volume	61
DOIs	https://doi.org/10.1016/j.frl.2024.105023
Publication status	Published - Mar 2024
Externally published	Yes

Keywords

ICT enterprises
LDA semantic topic analysis
Outlier behaviour analysis
Technological innovation strategy

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10.1016/j.frl.2024.105023

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title = "Technological innovation strategies of information and communication technology enterprises: A comparative study of China, US, and Europe",

abstract = "To investigate the innovation strategies of ICT enterprises, this paper conducted Latent Dirichlet Allocation (LDA) semantic topic analyses. Taking large ICT enterprises in China, the US, and Europe as representatives, the innovation strategies were compared. The results show that US and European firms conducted strategic innovation direction management earlier. However, Chinese firms have strong learning abilities and can quickly catch up. US and European firms are more effective in innovation quality control. Chinese firms have an advantage in innovation output maintenance. The results hold significant reference value in guiding the innovation strategies of ICT enterprises and government policy-making.",

keywords = "ICT enterprises, LDA semantic topic analysis, Outlier behaviour analysis, Technological innovation strategy",

author = "Hongxia Wang and Ming Li and Zhiru Wang and Wenyueyang Deng and Zenglian Zhang",

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year = "2024",

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doi = "10.1016/j.frl.2024.105023",

language = "English",

volume = "61",

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T1 - Technological innovation strategies of information and communication technology enterprises

T2 - A comparative study of China, US, and Europe

AU - Wang, Hongxia

AU - Li, Ming

AU - Wang, Zhiru

AU - Deng, Wenyueyang

AU - Zhang, Zenglian

PY - 2024/3

Y1 - 2024/3

N2 - To investigate the innovation strategies of ICT enterprises, this paper conducted Latent Dirichlet Allocation (LDA) semantic topic analyses. Taking large ICT enterprises in China, the US, and Europe as representatives, the innovation strategies were compared. The results show that US and European firms conducted strategic innovation direction management earlier. However, Chinese firms have strong learning abilities and can quickly catch up. US and European firms are more effective in innovation quality control. Chinese firms have an advantage in innovation output maintenance. The results hold significant reference value in guiding the innovation strategies of ICT enterprises and government policy-making.

AB - To investigate the innovation strategies of ICT enterprises, this paper conducted Latent Dirichlet Allocation (LDA) semantic topic analyses. Taking large ICT enterprises in China, the US, and Europe as representatives, the innovation strategies were compared. The results show that US and European firms conducted strategic innovation direction management earlier. However, Chinese firms have strong learning abilities and can quickly catch up. US and European firms are more effective in innovation quality control. Chinese firms have an advantage in innovation output maintenance. The results hold significant reference value in guiding the innovation strategies of ICT enterprises and government policy-making.

KW - ICT enterprises

KW - LDA semantic topic analysis

KW - Outlier behaviour analysis

KW - Technological innovation strategy

UR - http://www.scopus.com/inward/record.url?scp=85184033849&partnerID=8YFLogxK

U2 - 10.1016/j.frl.2024.105023

DO - 10.1016/j.frl.2024.105023

M3 - Article

AN - SCOPUS:85184033849

SN - 1544-6123

VL - 61

JO - Finance Research Letters

JF - Finance Research Letters

M1 - 105023

ER -

Technological innovation strategies of information and communication technology enterprises: A comparative study of China, US, and Europe

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Keywords

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