Competitive strategy, development zone policy and firm growth: Empirical evidence from China.

ABSTRACT: Competitive strategy plays an important role in achieving superior profits, but there is still much to be explored in terms of the effect on firm growth. This study focuses on exploring the relationship between competitive strategy and firm growth in emerging economies. We focus on how the development zone policies moderate this relationship. This study uses a two-way fixed-effect model to analyze data for 527 manufacturing firms listed in China's Shanghai and Shenzhen A-shares from 2012-2021. Our empirical analysis showed that there is a significant positive relationship between low-cost strategy and firm growth and a significant negative relationship between differentiation strategy and firm growth. Compared with national development zones, firms in provincial development zones choose lo

SUBMITTER: Ye K 

PROVIDER: S-EPMC10584104 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature