Journal of Accounting, Business and Finance Research

Unleashing local growth: The role of regional innovation and entrepreneurship in China

Zhiwei Jin — Fri, 31 Jan 2025 00:00:00 +0000

This study investigates the role of entrepreneurship and innovation in promoting local economic growth in China. Past studies have evaluated this issue using national- or province-level data. However, given China’s large size and significant diversity, even within a single province, and the fact that entrepreneurial spirit is a local issue, more localized analysis is necessary for a comprehensive understanding. Thus, using a unique dataset encompassing 286 cities from 2004 to 2020, we evaluate how entrepreneurship and innovation stimulate regional economic growth at the city-level. The results show the positive effects of entrepreneurship and innovation, particularly firm entry, outside direct investment, patent granted, and trademark registration. The study also investigates heterogeneity across administrative divisions and geographical features. Entrepreneurship and innovation are found to significantly enhance local economic development. The effects are particularly strong in provincial capitals compared to other cities. Furthermore, geographical factors, such as the Qinling-Huaihe Line and the Hu Huanyong Line, play a crucial role in shaping economic outcomes, highlighting substantial regional disparities. Entrepreneurship and innovation serve as crucial drivers of regional economic growth, but their impact varies based on administrative status and geographical context. The findings underscore the importance of localized policies that promote entrepreneurship and innovation. This study also provides valuable insights into the spatial dynamics of economic growth and contributes to the broader discourse in economic geography.

Examining the impacts of conventional exports on GVC participation: Evidence from developing economies

Kalsoom Rafique — Tue, 17 Jun 2025 00:00:00 +0000

International trade is under dramatic changes, and production processes gradually involve a sequential, vertical trading chain extending across the borders of various countries. Each country specializes in a certain stage of production. The study aims to examine the impacts of conventional exports to China on participation in global value chains during 1992-2019 for developing countries. This study used an instrument variable method to analyze developing countries’ GVC participation and export responses to China’s massive demand shocks. The export flow of other developing countries to China is used as an instrument variable for analyzing the changes in GVC participation of sample countries’ exports. The findings of the study reveal that the rise of China in the global economy caused significant gains in developing countries, both in participation in GVCs and exports. In the aggregate, the sample developing countries have caused some averaged 0.33% increase in the GVCs participation from 1992-2019, while their exports to China had an average annual growth of 3% over the same period, which indicates the importance of the relationship between GVCs and conventional exports. The growth rate of exports also suggests that China is an attractive export destination for developing countries, and these countries need to develop strong ties with China, as well as a large economy and consumer market.

Empirically tested indigenous supply chain resilient framework for future businesses

Wed, 18 Jun 2025 00:00:00 +0000

The issues of resilience contribute significantly to a sustainable supply chain of goods and services coming through the main ports of entry and this is crucial for the survival of many industries, organizations and customers in the World, the African continent and the Sub-Sharan region. Thus, sustainable supply chains rely heavily on information communications technologies (ICT) to perform their operations. The resilience of these ICT processes ensure that these goods and services are delivered to satisfy customers without compromising quality. The ICT that enables the sustainable supply chain performance has to be responsive, reliable and efficient. This quantitative study of two hundred and fifty (250) respondents investigates the influence of ICT (agility, reliability and efficiency - ICTARE) on economic sustainable supply chain performance (ESSCP) and the mediated effect of robust competence of IT staff between ICTARE and ESSCP. Lisrel 8.0 was used to analyze the data obtained from the respondents. The study results suggest a positive relationship between ICTARE and ESSCP. The results also confirm a full mediation between ICT reliability and sustainable supply chain performance through ICT staff competence within the context of shipment of goods and services within Ghana’s ports and harbours. The implication of this research is enormous: ICT used in a suitable way will enhance the resilience of supply chain networks in supporting the distribution of goods and ‘services in a timely manner’ in order to improve customer satisfaction.