Public data openness and firm innovation strategies

Weikang Zhao, Qinglin Sun

Applied Economics Letters · 2024 · 12 citations · 15 references

Concepts

Abstract

This paper investigates the impact of urban-level public data open platforms on corporate innovation strategies by using them as a quasi-natural experiment and employing the difference-in-differences (DID) method. The findings indicate that public data openness significantly promotes incremental innovation rather than breakthrough innovation, with economic and public service data playing a particularly influential role. Moreover, the preference for incremental innovation by enterprises reduces innovation quality, but this issue can be mitigated by introducing industry competition and strengthening intellectual property protection.

References

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