Does the Improvement of the Business Environment Improve the Innovation Efficiency of Enterprises? Evidence from the Listed Companies in China

The quality of the business environment influences speed and economic development, optimizing helps improve enterprises’ innovation ability. This article selects urban micro-enterprise data Chinese listed companies from 2013 to 2019. It constructs a comprehensive evaluation index system for in China through entropy method, exploring specific path promoting enterprise ability environment. empirical results indicate that can encourage improving efficiency enterprises. A good increase government subsidies Assumption risk promote technological innovation. Financing constraints supply chain concentration negatively enhance driving effect on Heterogeneity analysis indicates is more conducive stimulating drive among state-owned enterprises, large-scale manufacturing provides new insights into relationship between