Pub Date : 2022-05-06DOI: 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.
{"title":"Co-evolution of firm innovative capability and external network: entrepreneurial orientation as antecedent – a longitudinal case study of the CHINT group","authors":"Yongsheng Xiang, Yingying Jiang","doi":"10.1080/19761597.2022.2070769","DOIUrl":"https://doi.org/10.1080/19761597.2022.2070769","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"397 - 421"},"PeriodicalIF":2.5,"publicationDate":"2022-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46573288","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-26DOI: 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.
{"title":"Government innovation subsidy, monetary policy, and corporate R&D investment: evidence from China","authors":"Yupeng Zhang, Min Huang, Yoonbai Kim, Qian Wang","doi":"10.1080/19761597.2022.2063145","DOIUrl":"https://doi.org/10.1080/19761597.2022.2063145","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"356 - 374"},"PeriodicalIF":2.5,"publicationDate":"2022-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47873277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-11DOI: 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.
{"title":"Cognitive proximity, technological regime and knowledge accumulation: an agent-based model of interfirm knowledge exchange","authors":"Jiebing Wu, Yanni Yuan, B. Guo","doi":"10.1080/19761597.2022.2060274","DOIUrl":"https://doi.org/10.1080/19761597.2022.2060274","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"336 - 355"},"PeriodicalIF":2.5,"publicationDate":"2022-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41821350","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-29DOI: 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.
{"title":"Institutional innovation readiness for Industry 4.0 education: towards an inclusive model for the Kingdom of Bahrain","authors":"Hameeda A. AlMalki, C. Durugbo","doi":"10.1080/19761597.2022.2056492","DOIUrl":"https://doi.org/10.1080/19761597.2022.2056492","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"309 - 335"},"PeriodicalIF":2.5,"publicationDate":"2022-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48544261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-15DOI: 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.
{"title":"Does firm size matter? Decomposing Korean firms’ productivity growth based on a stochastic frontier approach and its policy implications","authors":"Yeongjun Yeo, Chansoo Park","doi":"10.1080/19761597.2022.2049975","DOIUrl":"https://doi.org/10.1080/19761597.2022.2049975","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"284 - 308"},"PeriodicalIF":2.5,"publicationDate":"2022-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46030319","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 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.
{"title":"Differential impact of subsidised and nonsubsidized policies on the innovation of new energy vehicle enterprises: evidence from China","authors":"Shufeng Qin, Yongqing Xiong","doi":"10.1080/19761597.2022.2044871","DOIUrl":"https://doi.org/10.1080/19761597.2022.2044871","url":null,"abstract":"ABSTRACT\u0000 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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"260 - 283"},"PeriodicalIF":2.5,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42204831","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-26DOI: 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.
{"title":"Patent citing patterns of foreign firms: an analysis of Indian IT services industry","authors":"Aparna Sharma, Ruchi Sharma","doi":"10.1080/19761597.2022.2026234","DOIUrl":"https://doi.org/10.1080/19761597.2022.2026234","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"156 - 182"},"PeriodicalIF":2.5,"publicationDate":"2022-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43833608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-13DOI: 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.
{"title":"Financial reform and innovation: Evidence from China’s Financial Reform Pilot Zones","authors":"Bole Zhou, Xiulu Huang, Xiaoxu Wu","doi":"10.1080/19761597.2021.2022985","DOIUrl":"https://doi.org/10.1080/19761597.2021.2022985","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"137 - 155"},"PeriodicalIF":2.5,"publicationDate":"2022-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44447364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-11DOI: 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.
{"title":"An examination of the individual and interaction effect of absorptive capacity and corporate political activity on product innovation","authors":"Yanyan Li, Shanxing Gao","doi":"10.1080/19761597.2021.2020671","DOIUrl":"https://doi.org/10.1080/19761597.2021.2020671","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"115 - 136"},"PeriodicalIF":2.5,"publicationDate":"2022-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45209404","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-09DOI: 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.
{"title":"Executive technical experience and corporate innovation quality: evidence from Chinese listed manufacturing companies","authors":"Ciji Song, A. Nahm, Zengji Song","doi":"10.1080/19761597.2021.2020137","DOIUrl":"https://doi.org/10.1080/19761597.2021.2020137","url":null,"abstract":"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.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":"31 1","pages":"94 - 114"},"PeriodicalIF":2.5,"publicationDate":"2022-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43634799","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}