An Analysis of the Innovation Status of Xinjiang's Solar Energy Enterprises—Taking JFTC as a Case Study
PDF

Keywords

Solar Energy Industry
Technological Innovation
Government Subsidies
Regression Analysis
Data Envelopment Analysis (DEA)

How to Cite

Ma , X., & Deng, J. (2025). An Analysis of the Innovation Status of Xinjiang’s Solar Energy Enterprises—Taking JFTC as a Case Study. International Theory and Practice in Humanities and Social Sciences, 2(4), 52–72. https://doi.org/10.70693/itphss.v2i4.184
Received 2024-11-19
Accepted 2025-03-30
Published 2025-04-28

Abstract

With the global energy transition and a deeper understanding of sustainable development, the solar energy sector is receiving increasing attention. Particularly in China's Xinjiang region, abundant solar energy resources and strong national policy support have fostered the booming development of the solar industry. However, despite generous construction subsidies provided by the government, the patent research and development capabilities of solar energy companies in Xinjiang remain weak, with significant gaps compared to other regions in China. This paper hypothesizes that government subsidies will enhance organizational innovation, and that capital investment and the proportion of technical personnel could also positively affect corporate innovation. To verify these hypotheses, we employ regression analysis and Data Envelopment Analysis (DEA) methods to analyze the annual report data of five listed solar energy companies in Xinjiang. Through these methods, we aim to uncover the key drivers of corporate innovation and provide decision support for policymakers and business managers.

This paper discusses the state of innovation in Xinjiang's solar energy enterprises, taking JFTC as an example, to explore how innovation can be influenced and how technological innovation efficiency will be discussed. Investigating these questions is significant for understanding the innovation capabilities of Xinjiang's solar enterprises and providing decision support for policymakers and business managers.

The overarching objective of this scholarly endeavor is to conduct an empirical examination of the determinants influencing the technological innovation efficiency of JFTC, a solar energy enterprise in Xinjiang. Utilizing both regression analysis and Data Envelopment Analysis (DEA), this paper seeks to elucidate the relationships between these factors and innovation outcomes, as measured by patent generation, and to offer strategic insights that can enhance the competitiveness of JFTC and inform policy development within the solar energy sector.

https://doi.org/10.70693/itphss.v2i4.184
PDF

References

Chen, C., Zhao, W. Y., & Pan, J. J. (2014). R&D investment, financing capability, and corporate performance—Evidence from a large sample of Chinese industrial enterprises. Research and Development Management, 26(3), 1-11.

Chen, H., Deng, S. H., & Yin, S. S. (2014). Research on the corporate governance mechanism of media in the "big data" era—An empirical test based on information transparency. Finance and Trade Economics, 7, 72-81.

Guo, J. J., & Guo, J. P. (2015). Research on the construction of national governance capacity under the background of big data. Chinese Public Administration, 6, 73-76.

Hou, X. L., Li, T. Z., Ma, J., & Liu, X. Q. (2014). Research on corporate innovation opportunities in the big data environment. Science and Technology Progress and Countermeasures, 31(24), 82-86.

Jiang, B. X., & Shao, C. M. (2015). On the quotient of national governance. Chinese Social Sciences, 1, 102-118+204.

Liu, L. G., & Yuan, S. F. (2015). Characteristics of corporate strategic thinking in the era of big data. Zhongzhou Academic Journal, 1, 42-46.

Tang, D. P., Feng, W. X., & Wang, B. L. (2020). Public risk, fiscal policy, and the construction of internal control. Fiscal Research, 9, 14-28.

Tang, H. F., & Tao, J. W. (2014). The construction of China's national governance capacity in the era of big data. Exploration and Contention, 10, 54-58.

Wang, J. P. (2017). Application research on the "business-finance integration" management accounting system based on big data thinking. Accountant, 18, 8-9.

Wu, H. C. (2013). Opportunities and challenges in the era of big data. Seeking Truth, 4, 47-49.

Yang, D. M., & Bi, J. Q. (2019). "Internet Plus," entrepreneur foreign investment, and corporate valuation. China Industrial Economics, 6, 136-153.

Zhang, S. C., Ju, J., & Yang, X. (2014). Establishing a smart risk management system. China Finance, 15, 30-32.

Zhou, T. T. (2016). Structural adjustment of big data companies: Organization and governance dimensions. Journal of Central University of Finance and Economics, 10, 114-121.

Yu, K. (2000). Governance and good governance. Social Sciences Academic Press, pp. 270-271.

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright (c) 2025 Xinliang Ma (Author); Jiajia Deng (Co-Authors)

Downloads

Download data is not yet available.