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Co-evolution of firm innovative capability and external network: entrepreneurial orientation as antecedent – a longitudinal case study of the CHINT group 企业创新能力与外部网络的协同演化:创业导向为前因——以正泰集团为例
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-05-06 DOI: 10.1080/19761597.2022.2070769
Yongsheng Xiang, Yingying Jiang
ABSTRACT Based on the longitudinal case study of the CHINT group for about 40 years, this paper analyses co-evolution of cluster firm innovative capabilities and its external networks; results show that firm's product and market exploratory/exploitative innovation have been improved with the continuous development of network type from manufacturing and marketing network to innovation network, and evolution of network construction by changing network relations, size and range. Then the levels of internal innovative capabilities and developments in different stages restrict and influence the characters and evolutionary path of network types and constructions. But, entrepreneurial orientation will also bring significant impacts on the co-evolution of innovation capabilities and firm's external networks.
本文基于正泰集团近40年的纵向案例研究,分析了集群企业创新能力及其外部网络的协同演化;研究结果表明,随着网络类型从制造网络、营销网络向创新网络的不断发展,以及网络关系、网络规模和网络范围的变化,企业的产品和市场探索性/开发性创新得到了提升。内部创新能力的水平和不同阶段的发展水平制约和影响着网络类型和网络结构的特征和演化路径。同时,创业导向对创新能力和企业外部网络的协同演化也有显著影响。
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引用次数: 1
Government innovation subsidy, monetary policy, and corporate R&D investment: evidence from China 政府创新补贴、货币政策与企业研发投入:来自中国的证据
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-04-26 DOI: 10.1080/19761597.2022.2063145
Yupeng Zhang, Min Huang, Yoonbai Kim, Qian Wang
ABSTRACT From a perspective of coordinating fiscal and monetary policies, this study constructs the government innovation subsidy indicator using the text search method, and examines the impact and mechanisms of government innovation subsidy on corporate research and development (R&D) investment, then investigates how expansionary monetary policy influences this effect. We find that government innovation subsidy can be a booster for corporate R&D by reducing corporate debt financing cost and increasing internal financing, and loose monetary policy suppresses the positive effect of government innovation subsidy on corporate R&D investment. This study offers macroeconomic policy implications that support corporate innovation.
本文从财政与货币政策协调的视角出发,运用文本检索方法构建政府创新补贴指标,考察政府创新补贴对企业研发投资的影响及其机制,并探讨扩张性货币政策对这种影响的影响机制。研究发现,政府创新补贴可以通过降低企业债务融资成本和增加内部融资来促进企业研发,宽松的货币政策抑制了政府创新补贴对企业研发投入的积极作用。本研究提供了支持企业创新的宏观经济政策启示。
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引用次数: 2
Cognitive proximity, technological regime and knowledge accumulation: an agent-based model of interfirm knowledge exchange 认知接近、技术机制与知识积累:基于主体的企业间知识交换模型
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-04-11 DOI: 10.1080/19761597.2022.2060274
Jiebing Wu, Yanni Yuan, B. Guo
ABSTRACT Innovations in industrial clusters are highly dependent on a combination of internal and external knowledge among cluster firms with optimal levels of cognitive proximity. Meanwhile, all innovation activities in a cluster are affected by technological regime within that cluster, which is captured in terms of knowledge cumulativeness and knowledge distribution in this paper. Based on knowledge-based theory, this study develops an agent-based model of interfirm knowledge exchange, exploring the interplay of cognitive proximity and technological regime on a cluster’s knowledge accumulation. The results corroborate that cognitive proximity and cumulativeness condition jointly exert a significant inverted ‘U’-shaped effect on a cluster’s knowledge accumulation. The strength and shape of this effect are different for clusters with low versus high levels of cognitive proximity. Furthermore, the study extends the literature on technological regime by distinguishing the effects between knowledge cumulativeness and knowledge distribution, and the results reveal that large firm clusters (/SME clusters) perform best under a high (/low) level of knowledge cumulativeness. By simulating the sequential process of innovation dynamics, the study deepens understanding of mechanism behind how proximity affects innovation within clusters, thereby contributing to disentangling the interrelationships between cognitive proximity and technological regime.
产业集群的创新高度依赖于集群企业内部和外部知识的结合,并具有最佳的认知接近水平。同时,集群内的所有创新活动都受到集群内技术制度的影响,这在知识积累和知识分布方面得到了体现。本文在知识基础理论的基础上,建立了基于主体的企业间知识交换模型,探讨了认知接近度和技术制度对集群知识积累的影响。结果表明,认知邻近性和累积性条件共同对集群的知识积累产生显著的倒“U”型影响。这种效应的强度和形状在认知接近度高低的集群中是不同的。此外,通过区分知识积累和知识分布对技术制度的影响,扩展了文献的研究成果,结果表明,大企业集群(/中小企业集群)在高(/低)知识积累水平下表现最佳。通过模拟创新动态的顺序过程,加深了对集群内接近性影响创新机制的理解,从而有助于理清认知接近性与技术制度之间的相互关系。
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引用次数: 4
Institutional innovation readiness for Industry 4.0 education: towards an inclusive model for the Kingdom of Bahrain 工业4.0教育的制度创新准备:巴林王国的包容性模式
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-03-29 DOI: 10.1080/19761597.2022.2056492
Hameeda A. AlMalki, C. Durugbo
ABSTRACT The aim of this study is to explore factors that contribute to institutional innovation readiness for Industry 4.0 education from the perspective of institutional experts and to develop a conceptual model for inclusive Industry 4.0 education. The study involves semi-structured interviews with 28 managers and strategists from various triple helix (i.e. educational, industrial and governmental) institutions in the Kingdom of Bahrain. Using thematic analysis and guided by a constructivist perspective, the study finds sets of themes for reform essentialities and value expectancies associated with institutional innovation for Industry 4.0 education. Reform essentialities pertain to educational system flexibility and funding, school curriculum revision and restructuring and high-performance talent and training. Similarly, value expectancy entails skills-focused programmes for lifelong and project-based learning, students-focused programmes for agile and responsive specialities, public-oriented programmes for empowering and transforming mind-sets and research-oriented programmes for developing and sustaining competencies. Managerially, this study stresses the need for multi-level (i.e. organisational-institutional-regional) strategic alignment that promotes and enhances co-evolution of institutions with technological advances. The study also highlights the practical role of programme-driven innovation for institutions to focus strategic foresight and readiness to cope with Industry 4.0 education demands through skills-focused, students-focused, public-oriented and research-oriented programmes.
摘要本研究旨在从机构专家的角度探讨促进工业4.0教育机构创新准备的因素,并建立包容性工业4.0教育的概念模型。该研究涉及对巴林王国不同三螺旋(即教育、工业和政府)机构的28名管理人员和战略家的半结构化采访。本研究采用主题分析法,在建构主义视角的指导下,找到了与工业4.0教育制度创新相关的改革重要性和价值预期的主题集。改革的重要性涉及教育系统的灵活性和资金、学校课程的修订和重组以及高绩效人才和培训。同样,期望值包括终身和基于项目的学习的以技能为重点的方案,敏捷和反应灵敏的专业的以学生为重点的课程,增强和转变心态的以公众为导向的方案,以及发展和维持能力的以研究为导向的课程。从管理角度来看,本研究强调了多层次(即组织-机构-区域)战略调整的必要性,以促进和加强机构与技术进步的共同发展。该研究还强调了计划驱动型创新的实际作用,使各机构能够通过以技能为重点、以学生为重点、面向公众和以研究为导向的计划,集中战略远见和准备应对工业4.0教育需求。
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引用次数: 9
Does firm size matter? Decomposing Korean firms’ productivity growth based on a stochastic frontier approach and its policy implications 公司规模重要吗?基于随机前沿方法的韩国企业生产率增长分解及其政策启示
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-03-15 DOI: 10.1080/19761597.2022.2049975
Yeongjun Yeo, Chansoo Park
ABSTRACT Despite the significance of transition in the growth stages, there is a lack of evidence on the different characteristics of firm size in terms of the sources of TFP growth. This study applies a stochastic frontier analysis to Korean firms to decompose the sources of total factor productivity growth into technical progress, technical efficiency changes, scale changes and allocative efficiency changes. Specifically, this study analyses the determinants of TFP growth by firm size (i.e. small-, mid- and large-sized firms) and explores firm-size-specific factors that influence their productivity growth rates. Our results suggest that contributions of four components to TFP growth by firm-size classes show somewhat different patterns. These results imply that each class has different sets of challenges in terms of improving productivity growth potentials. The main findings are expected to lay foundations for designing elaborate firm-size-dependent policies to spur the evolutionary process of a firm’s capacity building.
尽管转型在成长阶段具有重要意义,但在TFP增长来源方面,缺乏关于企业规模不同特征的证据。本文运用随机前沿分析对韩国企业进行分析,将全要素生产率增长的来源分解为技术进步、技术效率变化、规模变化和配置效率变化。具体而言,本研究分析了企业规模(即小型,中型和大型企业)的TFP增长的决定因素,并探讨了影响其生产率增长率的企业规模特定因素。我们的研究结果表明,四个组成部分对企业规模类别TFP增长的贡献表现出不同的模式。这些结果表明,就提高生产率增长潜力而言,每个阶层都面临不同的挑战。主要研究结果有望为设计复杂的企业规模相关政策以促进企业能力建设的演化过程奠定基础。
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引用次数: 2
Differential impact of subsidised and nonsubsidized policies on the innovation of new energy vehicle enterprises: evidence from China 补贴政策与非补贴政策对新能源汽车企业创新的差异影响——来自中国的证据
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-03-01 DOI: 10.1080/19761597.2022.2044871
Shufeng Qin, Yongqing Xiong
ABSTRACT There are many controversies about the actual effect of China’s new energy vehicle (NEV) industry policy in promoting the innovation of NEV enterprises. This study classifies China’s NEV industry policies into two categories, subsidised policy and nonsubsidized policy, and divides the innovation behaviour of NEV enterprises into high- and low-quality innovation. We selected the data from 2010 to 2019 to analyze the impacts of the abovementioned policies on the two innovations, the differences during the various development stages of the industry, and the moderating effect of the political connections of NEV enterprises. The results demonstrated that the promoting effect of subsidised policy on innovation increased at first and then decreased, and the policy is more likely to cause enterprises to prefer low-quality innovation. The promoting effect of nonsubsidized policy on innovation gradually increases, and the policy has a greater impact on high-quality innovation. Further analysis revealed that the political connections positively moderate the influence of subsidised policy on low-quality innovation, but negatively moderate the influence of nonsubsidized policy on high-quality innovation.
中国新能源汽车产业政策在推动新能源汽车企业创新方面的实际效果存在诸多争议。本研究将中国新能源汽车产业政策分为补贴政策和非补贴政策两类,并将新能源汽车企业的创新行为分为高质量创新和低质量创新。我们选取2010 - 2019年的数据,分析上述政策对两项创新的影响、行业不同发展阶段的差异以及新能源汽车企业政治关系的调节作用。研究结果表明:补贴政策对创新的促进作用先增大后减小,政策更容易导致企业偏好低质量的创新;非补贴政策对创新的促进作用逐渐增强,政策对高质量创新的影响更大。进一步分析发现,政治关系正向调节补贴政策对低质量创新的影响,而负向调节非补贴政策对高质量创新的影响。
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引用次数: 6
Patent citing patterns of foreign firms: an analysis of Indian IT services industry 外国公司的专利引用模式——对印度IT服务业的分析
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-01-26 DOI: 10.1080/19761597.2022.2026234
Aparna Sharma, Ruchi Sharma
ABSTRACT This study captures the origin and pattern of foreign knowledge inflows to the Indian IT services industry using patent citation data. It examines the patterns of backward patent citations by the US origin and non-US origin foreign IT services firms operating in India using the USPTO patent citation data from 2013 to 2017. To analyze the citing patterns of firms, we classified backward citations into two categories: self-citations and non-self-citations. Our study finds that patents granted to the US origin firms hold a relatively higher number of backward citations and a higher average number of inventors. It indicates that the Indian IT services industry receives more complex technology inflows from the US origin firms compared to non-US origin firms. It also shows a positive relationship between self-citations and lowers patent grant lag. Further, this study suggests that more self-citations by the US origin firms reinforce more patents that develop a patent cycle for a firm. Therefore, the US origin firms in the Indian IT services industry dominate in patenting activities at USPTO.
摘要本研究利用专利引用数据,捕捉了外国知识流入印度IT服务业的来源和模式。它使用美国专利局2013年至2017年的专利引用数据,研究了在印度运营的美国来源和非美国来源外国It服务公司的反向专利引用模式。为了分析企业的引用模式,我们将反向引用分为两类:自我引用和非自我引用。我们的研究发现,授予美国本土公司的专利拥有相对较高的反向引用次数和较高的平均发明人数量。这表明,与非美国本土公司相比,印度It服务业从美国本土公司获得的技术流入更为复杂。它还显示了自我引用和降低专利授予滞后之间的积极关系。此外,这项研究表明,美国本土公司更多的自我引用强化了更多的专利,从而为公司制定了专利周期。因此,印度IT服务行业的美国本土公司在USPTO的专利申请活动中占据主导地位。
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引用次数: 2
Financial reform and innovation: Evidence from China’s Financial Reform Pilot Zones 金融改革与创新:来自中国金融改革试验区的证据
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-01-13 DOI: 10.1080/19761597.2021.2022985
Bole Zhou, Xiulu Huang, Xiaoxu Wu
ABSTRACT Innovation is a channel through which financial reform promotes economic growth. Drawing on the quasi-experiment of China’s Financial Reform Pilot Zones, panel data from 293 prefecture-level cities in China from 2003 to 2019, and a difference-in-differences method, this paper evaluates the effect of financial reform on innovation. We find that financial reform significantly motivated innovation by promoting financial development, such as equity market development and credit market development. Moreover, the effect of financial reform on innovation shows diminishing marginal utility: in cities that started with a lower level of financial development, the policy effect on innovation is stronger.
创新是金融改革促进经济增长的重要途径。本文利用中国金融改革试验区准实验、2003 - 2019年中国293个地级市的面板数据,采用差分法对金融改革对创新的影响进行了评估。我们发现,金融改革通过促进金融发展,如股权市场的发展和信贷市场的发展,显著地促进了创新。金融改革对创新的影响表现为边际效用递减,金融发展水平越低的城市,政策对创新的影响越强。
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引用次数: 6
An examination of the individual and interaction effect of absorptive capacity and corporate political activity on product innovation 吸收能力和企业政治活动对产品创新的个体效应和交互效应研究
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-01-11 DOI: 10.1080/19761597.2021.2020671
Yanyan Li, Shanxing Gao
ABSTRACT To improve their innovative performance in the emerging economy, firms develop absorptive capacity and corporate political activity to gain useful resources and maintain a beneficial environment. As the limited resources of firms and resource-consuming nature of absorptive capacity and corporate political activity, firms need to distribute resources wisely. However, the comparaion of their individual effect and the investigation of their interaction effect are limited. To fill up the research gap, based on the resource-based view, this study examined (1) the heterogeneous individual effect, and (2) the interaction effect of absorptive capacity and corporate political activity on innovation performance. Based on 165 pharmaceutical firms, this study found that the positive effect of absorptive capacity is stronger than that of corporate political activity on incremental innovation, while the positive effect of corporate political activity is stronger than the absorptive capacity on radical innovation. What’s more, the interaction effect is negatively related to radical innovation. These results shed light on how to conduct different innovations better by managing internal and external sources wisely, which extends the research of resource based innovation and enriches the study of the interaction effect of absorptive capacity and political strategy. This research also help managers to manage different resource sources based on their innovation strategy.
摘要为了在新兴经济体中提高创新绩效,企业需要发展吸收能力和企业政治活动,以获得有用的资源并维持有利的环境。由于企业资源有限,吸收能力和企业政治活动具有资源消耗性质,企业需要明智地分配资源。然而,对它们的个体效应的比较和对它们相互作用效应的研究是有限的。为了填补研究空白,基于基于资源的观点,本研究考察了(1)异质性个体效应,以及(2)吸收能力和企业政治活动对创新绩效的互动效应。基于165家制药企业,本研究发现,吸收能力对增量创新的正向影响强于企业政治活动,而企业政治活动对激进创新的正向作用强于吸收能力。更重要的是,互动效应与激进创新呈负相关。这些结果揭示了如何通过明智地管理内部和外部资源来更好地进行不同的创新,拓展了基于资源的创新研究,丰富了吸收能力与政治战略互动效应的研究。这项研究还帮助管理者根据创新战略管理不同的资源来源。
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引用次数: 0
Executive technical experience and corporate innovation quality: evidence from Chinese listed manufacturing companies 高管技术经验与企业创新质量:来自中国制造业上市公司的证据
IF 2.5 4区 管理学 Q3 BUSINESS Pub Date : 2022-01-09 DOI: 10.1080/19761597.2021.2020137
Ciji Song, A. Nahm, Zengji Song
ABSTRACT This research empirically tests the impact of CEO technical experience on corporate innovation. Using A-share listed manufacturing companies during 2009–2018 as a research sample, we find that CEO technical experience positively affects the innovation quality of enterprises, and the impact is reflected in the breakthrough, originality, and value of innovations. After subdividing the CEOs’ technical experiences, we find that the higher the level of technical experience, the stronger the improvement of enterprise innovation quality. Compared with local technical experience, overseas technical experience has a stronger role in promoting innovation quality, and compared with non-academic technical experience, academic technical experience has a stronger role in promoting the quality of innovation. Further research finds that CEO technical experience has a stronger effect on the innovation quality of state-owned enterprises than non-state-owned enterprises, and it has a more significant effect on the innovation quality of high-tech enterprises. The research provides insights for managers and policymakers in creating and implementing effective innovation strategies.
本文实证检验了CEO技术经验对企业创新的影响。以2009-2018年A股制造业上市公司为研究样本,我们发现CEO技术经验对企业创新质量有正向影响,这种影响体现在创新的突破性、原创性和价值上。细分CEO的技术经验后,我们发现技术经验水平越高,企业创新质量的提高就越强。与本土技术经验相比,海外技术经验对创新质量的促进作用更强,与非学术技术经验相比学术技术经验对创新力量的促进作用更大。进一步研究发现,CEO技术经验对国有企业创新质量的影响比非国有企业更强,对高新技术企业创新质量影响更显著。该研究为管理者和决策者制定和实施有效的创新战略提供了见解。
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引用次数: 3
期刊
Asian Journal of Technology Innovation
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