Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Research on the Improvement Path of Total Factor Productivity in Industrial Software Industry: Evidence from Chinese typical firms

Version 1 : Received: 17 November 2023 / Approved: 22 November 2023 / Online: 22 November 2023 (14:31:08 CET)

A peer-reviewed article of this Preprint also exists.

Wang, X.; Wu, S.; Zhao, L. Research on the Improvement Path of Total Factor Productivity in the Industrial Software Industry: Evidence from Chinese Typical Firms. Mathematics 2023, 11, 4944. Wang, X.; Wu, S.; Zhao, L. Research on the Improvement Path of Total Factor Productivity in the Industrial Software Industry: Evidence from Chinese Typical Firms. Mathematics 2023, 11, 4944.

Abstract

The high-quality development of the industrial software industry is of strategic significance to enhancing the core competitiveness of the manufacturing industry and promoting the high-quality development of China's industrial economy. By integrating the "capital- technology-environment-human" production factor theory and configuration perspective, this paper constructs a comprehensive analysis framework that drives the total factor productivity (TFP) of the industrial software industry. It uses 40 typical industrial software firms as case samples and uses fuzzy set Qualitative Comparative Analysis (fsQCA) was used to empirically explore the influencing factors and complex mechanisms that achieve high-quality development of the industrial software industry. It is found that: (1) a single industrial factor is hardly a necessary condition to drive industrial software industry; (2) there are four paths to achieve high TFP, which are summarized as "technology-human-environment" balanced driving type, "capital-human-environment" balanced driving type, "technology-capital" dual driving type, and "capital" single driving type. There are four driving mechanisms. There are also four not-high TFP configurations with asymmetric characteristics; (3) under certain conditions, the combination of capital factors, capital factors, environmental factors and human factors can drive TFP in a "all roads lead to Rome". In this process, the government's attention plays a more universal role. The study not only expands the application scenarios of fsQCA, but also provides decision guidelines for the practice of strategic emerging industrialization represented by industrial software industry.

Keywords

industrial software industry; total factor productivity; fsQCA; path

Subject

Business, Economics and Management, Business and Management

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