TITLE:
Research on the Influencing Factors and Configuration Paths of High-Quality Development of “Specialization, Refinement, Differentiation, and Innovation” Enterprises
AUTHORS:
Zhengguang Hu, Lijie Zhang
KEYWORDS:
“Specialization, Refinement, Differentiation, and Innovation” Enterprises, High Quality Development of Enterprises, Zhagen Paradigm, Qualitative Comparative Analysis
JOURNAL NAME:
Modern Economy,
Vol.16 No.12,
December
24,
2025
ABSTRACT: Against the backdrop of the current complex and ever-changing global economic situation, how to achieve high-quality development has become a key issue facing enterprises specializing in new products and technologies. The study uses the grounded theory approach to systematically analyze 29 listed “Specialization, Refinement, Differentiation, and Innovation” enterprises, identifying and refining eight core categories that affect the high-quality development of enterprises, namely, strategic planning, innovation-driven, resource endowments, corporate culture, green development, international development, social responsibility, and environmental protection. Furthermore, the research used configuration thinking and QCA methods to conduct a configuration analysis of the data of 165 listed SRDI enterprises. The research results show that strategic planning, innovation-driven development and resource endowments are necessary conditions for achieving high-quality development, forming three typical development paths, namely, a dual-driven model of resource endowments and green development under environmental protection, a dual-driven model of resource endowments and international development under environmental protection, and a coordinated development path of all factors. The types of industry and stages of development corresponding to different paths are also discussed. The innovation of this study lies in the micro perspective of exploring the high-quality development of SRDI enterprises. Combining the grounded theory approach with QCA, multiple paths of high-quality and non-high-quality development are identified and development bottlenecks are revealed. The study aims to provide theoretical basis and practical inspiration for SRDI enterprises to achieve high-quality development.