https://eujournal.org/index.php/esj/issue/feedEuropean Scientific Journal, ESJ2026-03-31T09:58:40+00:00ESJ Editorial Officecontact@eujournal.orgOpen Journal Systems<h5><strong>ESJ SOCIAL SCIENCES ESJ HUMANITIES ESJ NATURAL/LIFE/MEDICAL SCIENCES </strong></h5> <h5><em><strong>50.000+ authors from all around the globe Over 15 million website visits Open Access</strong></em></h5>https://eujournal.org/index.php/esj/article/view/20859 ESJ March Full Edition2026-03-31T09:58:40+00:00Covercontact@eujournal.org<p>`</p>2026-03-31T00:09:08+00:00Copyright (c) https://eujournal.org/index.php/esj/article/view/20835ESJ March Full Edition2026-03-31T09:55:33+00:00Covercontact@eujournal.org<p>`</p>2026-03-31T00:00:00+00:00Copyright (c) https://eujournal.org/index.php/esj/article/view/20836Coupling Coordination between Innovation Capability and Financial Competitiveness in China’s Energy Enterprises under the Belt and Road Initiative2026-03-31T09:55:33+00:00Anxin Chena@yahoo.comRuikun Yana@yahoo.com<p>The Belt and Road Initiative has accelerated the overseas expansion of Chinese energy enterprises, yet the synergy between their technological innovation and financial competitiveness remains under-explored. This study examines the coupling mechanism between innovation capability( defined as a comprehensive embodiment of the dual dimensions of innovation resource input and innovation outcome output) and financial core competitiveness (defined as a composite of operational efficiency, profitability, and growth potential) of these firms. Using entropy-weighted TOPSIS, coupling coordination, and grey relational models, we analyse panel data from eight major energy enterprises from 2018 to 2024. The results show a stark asymmetry: innovation capability increased steadily, while financial competitiveness fluctuated sharply, plummeting to 0.103 in 2020 before rebounding to 0.270 in 2024. As a result, the coupling coordination degree evolved from a mild imbalance through antagonistic growth to short-term adjustment, indicating a fragile yet progressive synergy. This study concludes that enhancing the precision of technology investment and cross-border financial coordination are key to strengthening the innovation-finance nexus, offering quantitative insights for the sustainable growth of energy enterprises in complex international contexts.</p>2026-03-31T00:00:00+00:00Copyright (c) 2026 Anxin Chen, Ruikun Yan