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Empowerment Mechanism and Governance of Data Elements for Breakthrough Innovation of Enterprises

Author(s)

Wei Feng*, Lin Li

Affiliation(s)

Accounting Institute, Hainan Vocational University of Science and Technology, Haikou, Hainan, China *Corresponding Author.

Abstract

In the context of deep digital economy penetration and global industrial competition, breakthrough innovation has become the core pathway for enterprises to overcome development bottlenecks and build long-term competitive advantages. As a key production factor in the digital economy era, data elements increasingly demonstrate their empowering value for corporate breakthrough innovation. Research reveals that data elements provide dynamic support, resource guarantees, and risk buffers for breakthrough innovation through three core mechanisms: knowledge reconstruction and breakthrough mechanisms, innovation resource integration mechanisms, and precise risk control mechanisms. However, issues such as ambiguous data property rights, insufficient high-quality data supply, prominent data security risks, and imperfect data circulation mechanisms severely constrain the full realization of data elements' empowering effects. This study proposes targeted governance measures from four dimensions—property rights governance, quality governance, security governance, and circulation governance—to provide theoretical support and practical guidance for enterprises leveraging data elements to drive breakthrough innovation and enhance core competitiveness. It also offers new research perspectives for upgrading corporate innovation models in the digital economy era.

Keywords

Data Element; Breakthrough Innovation; Empowerment Mechanism; Governance Path

References

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