scholarly journals The role of state ownership and institutions in the innovation performance of emerging market enterprises: Evidence from China

Technovation ◽  
2017 ◽  
Vol 62-63 ◽  
pp. 4-13 ◽  
Author(s):  
Jingtao Yi ◽  
Junjie Hong ◽  
Wen chung Hsu ◽  
Chengqi Wang
Keyword(s):  
Emerging Market ◽  
State Ownership ◽  
Innovation Performance

How does home government influence the internationalization of emerging market firms? The mediating role of strategic intents to internationalize

2019 ◽  
Vol 14 (1) ◽  
pp. 187-206 ◽  
Author(s):  
Fernando Angulo-Ruiz ◽  
Albena Pergelova ◽  
William X. Wei
Keyword(s):  
Emerging Market ◽  
State Ownership ◽  
Government Policies ◽  
Asia Pacific ◽  
Government Ownership ◽  
Differential Impact ◽  
Content Type ◽  
Mediating Role ◽  
Emerging Market Firms

Purpose The purpose of this paper is to focus on the differential impact of government promotional measures and government ownership on two internationalization variables: location and speed of internationalization of emerging market multinationals (EMNEs). Central to the authors’ study is the mediating role of strategic intents to internationalize. In particular, we study how government impacts the resource-seeking, market-seeking and technology-seeking motives to internationalize. Design/methodology/approach The empirical setting for the paper is Chinese companies that have internationalized via an equity based entry mode. The authors employ 672 firm responses collected by the Asia Pacific Foundation of Canada and the China Council for the Promotion of International Trade. Findings The empirical results demonstrate that different home government measures have differential impact on internationalization outcomes. Government promotional measures (such as direct incentives and bilateral agreements to support internationalization) have only an indirect effect on international location and speed through the effect they have on the strategic motives to internationalize; while government ownership in the company has a direct impact on international location. Research limitations/implications The study highlights that home governments are shaping EMNEs strategic intent. Home government can influence EMNEs internationalization choices by providing resource flows through financial resources and state ownership or through asset-accumulation mechanisms via promotional measures. Practical implications Policy makers in emerging markets need to develop policies focused on the specific motivations that firms have when internationalizing. EMNEs are suggested to take advantage of government policies more intentionally. Originality/value The theoretical contribution centers on identifying important mediating mechanisms pointing to the interplay between government policies and international location and speed of firms. The authors contribute to the growing stream of research on internationalization of emerging market firms by building a sound theoretical model and examining empirically the role of home government in the internationalization of EMNEs.

Intangible resources and firms' innovation performance: empirical evidence from Chinese firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xiuyuan Fang ◽  
Marshall S. Jiang ◽  
Yugang Li
Keyword(s):  
Institutional Development ◽  
State Ownership ◽  
Innovation Performance ◽  
Firm Innovation ◽  
Content Type ◽  
Industrial Enterprises ◽  
Intangible Resources ◽  
Enterprise Innovation ◽  
The Relationship

PurposeIntangible resources (IRs) play an important role in enterprise innovation; previous studies find inconsistent results (positive and negative). The authors develop and test a framework to analyze IRs to see whether and how to impact firm innovation performance to reconcile the conflicting results.Design/methodology/approachThis study empirically examined the curvilinear effect of IRs and innovation performance (IP) based on data from the Annual Census of Chinese Industrial Enterprises. The moderating effect of institutional development (ID) and state ownership (SO) in the relationship between firms' IRs and IP was also examined.FindingsIt was found that there is a U-shaped relationship between IRs and IP. Moreover, the institutional development weakens the U-shaped relationship.Originality/valueThe U-shaped relationship explains the inconsistent results in previous studies. It offers some important implications for managers and policymakers, who must understand the role of IRs.

The Effect of R&D Alliance Diversity and Network Position on Firm Innovation Performance: Evidence from the Emerging Biotechnology Industry

2017 ◽  
Vol 22 (3) ◽  
pp. 407-424 ◽  
Author(s):  
Chun Hsien Wang ◽  
Xiaohong Iris Quan
Keyword(s):  
Emerging Market ◽  
Innovation Performance ◽  
Market Uncertainty ◽  
Firm Innovation ◽  
Biotechnology Firms ◽  
Network Position ◽  
Alliance Network ◽  
Broad Variety ◽  
Positive Effect

Despite increasing attention to the role of diverse alliances in emerging market, few studies have explicitly explored the roles of environment and network position on diverse R&D alliances. This study investigates how environment and network position interact with diverse R&D alliances to affect firm innovation performance. Specifically, we examine the moderating effects of technology uncertainty, market uncertainty, network centrality position and competitive intensity. The findings from a survey of 144 biotechnology firms indicate that diverse R&D alliances have a positive effect on firms’ innovation performance, and these effects are moderated by environmental factors and alliance network position. The overall R&D alliance network was also examined to understand a broad variety of collaboration patterns of emerging biotechnology firms.

scholarly journals Internationalization and innovation performance of emerging market enterprises: The role of host-country institutional development

2016 ◽  
Vol 51 (2) ◽  
pp. 251-263 ◽  
Author(s):  
Jie Wu ◽  
Chengqi Wang ◽  
Junjie Hong ◽  
Panagiotis Piperopoulos ◽  
Shuaihe Zhuo
Keyword(s):  
Host Country ◽  
Emerging Market ◽  
Institutional Development ◽  
Innovation Performance

International ambidexterity in firms' innovation of multinational enterprises from emerging economies: an investigation of TMT attributes

2020 ◽  
Vol 15 (3) ◽  
pp. 431-451
Author(s):  
Hang Wu ◽  
Jin Chen
Keyword(s):  
Multinational Enterprises ◽  
Emerging Market ◽  
Linear Regression Analysis ◽  
Innovation Performance ◽  
Foreign Markets ◽  
Content Type ◽  
Business Studies ◽  
Business Partners ◽  
Top Managers

PurposeExtant research has integrated ambidexterity perspective into international business studies and calls for emerging market multinational enterprises (EM MNEs) to implement exploration and exploitation activities simultaneously in foreign markets. However, less attention has been paid to empirically test whether and how international ambidexterity can benefit the innovation performance of EM MNEs. Based on the data of international manufacturing firms in China, this paper explores the relationship between international ambidexterity and innovation performance and investigates four contingency factors of top management team (TMT): two external resource accumulation elements (i.e. TMT business ties and TMT political ties) and two internal resource integration elements (i.e. TMT contingency rewards and TMT social integration).Design/methodology/approachThe author conducts multiple hierarchical linear regression analysis to test the hypothesis by collecting survey data from 227 MNEs from several Economic Development Zones located in Zhejiang province in China.FindingsThe results show that international ambidexterity is positively related to innovation performance, and the international ambidexterity–innovation performance relationship is amplified when TMTs build strong ties with external business partners and political departments, when EM MNEs link top managers' income to team collective performance and create a highly social integrated TMT.Originality/valueThe results contributes to answer the question that how well EM MNEs will succeed and enrich the context specificity of international ambidexterity. The findings also help us better understand the inconsistent empirical findings in organizational ambidexterity by uncovering the contingency role of several TMT attributes.

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