期刊
RESEARCH POLICY
卷 50, 期 1, 页码 -出版社
ELSEVIER
DOI: 10.1016/j.respol.2020.104093
关键词
Innovation; Firm export performance; Business group (BG); China
类别
资金
- National Natural Science Foundation of China [71832012]
- National Social Science Foundation of China [15CJL052]
- Humanities and Social Sciences Research Program Foundation of the Ministry of Education of China [16JJD790036]
- Fundamental Research Funds for the Central Universities [20720171001]
The study found that both innovation and business groups have a positive impact on exports, but business groups weaken the positive value of innovation to exports. This indicates that the role of business groups needs to be understood in the context of emerging economy institutions.
This paper examines the role of business groups (BGs) in the relationship between innovation and exports. light of the divergent theoretical predictions on the role of BGs, we develop hypotheses that are explicitly on the institutional context of emerging economies. By analyzing the institutional pressures under which shape their strategies and operations, we formulate hypotheses on the effect of BG affiliation on exports, and impact of innovation on exports. Empirical results, based on a large sample of Chinese manufacturing during the period of 1998-2007, show that both innovation and BG affiliation have a positive effect on exports, although BG affiliation weakens the positive value of innovation to exports. These findings are robust in different specifications. This paper highlights the complex role played by BGs, which needs to be understood context of institutions.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据