Determinants of firm’s propensity to patent its inventions

2019 ◽  
Vol 29 (4) ◽  
pp. 375-400 ◽  
Author(s):  
Deepak Chandrashekar ◽  
Bala Subrahmanya M.H.
Keyword(s):  
Positive Impact ◽  
Sampling Technique ◽  
Negative Influence ◽  
Positive Influence ◽  
Primary Data ◽  
High Tech ◽  
Binary Logistic Regression Analysis ◽  
Content Type ◽  
Cost Constraints ◽  
Significant Positive Influence

Purpose The purpose of this paper is to ascertain the factors that influence the decision of a firm in a cluster to patent its inventions. Design/methodology/approach This study adopts a stratified random sampling technique to choose 101 sample firms from the identified population of firms in a cluster. Further, it uses the primary data collection method to collect data from sample firms through semi-structured questionnaires and in-depth interviews with the top level management of the sample firms. Furthermore, it carries out binary logistic regression analysis to primarily examine the influence of capability and willingness factors of a firm on the propensity of a firm to patent its inventions. Findings The paper corroborates from the results of the binary logit model that invention capacity has a significant positive impact on a firm’s propensity to obtain patents. In addition, the absorptive capacity of a firm above a certain threshold is likely to have a significant positive influence on the decision of a firm to patent its inventions. On the one hand, between the two motivator factors conventional motivators and strategy related motivators, conventional motivator factor has a significant positive influence on a firm’s propensity to obtain patents. On the other hand, both the de-motivator factors (time, market and cost constraints and procedural issues) have a significant negative influence on a firm’s propensity to patent its inventions. Originality/value This paper makes a key contribution to the existing literature by empirically validating the influence of capability of a firm in terms of its invention and absorptive capacities, and willingness of a firm constituting motivator and de-motivator factors, on the decision of a firm to obtain patents, in the context of a firm in a high-tech manufacturing cluster in a developing economy.

scholarly journals Corporate Environmental Performance and the Choice of Export Mode – Based on the Theory of Heterogeneous Firm Trade

2021 ◽  
pp. 1131-1146
Author(s):  
Cuihong Yao ◽  
Alisha Ismail ◽  
Noor Azura Azman
Keyword(s):  
Environmental Performance ◽  
Positive Impact ◽  
Binary Logistic Regression ◽  
Positive Influence ◽  
Primary Data ◽  
Binary Logistic Regression Analysis ◽  
Chinese Government ◽  
Corporate Environmental Performance ◽  
Trade Theory ◽  
Heterogeneous Firm

Heterogeneous firm trade theory holds that firms' productivity is closely related to firms' export mode and Corporate Environmental Performance (CEP). CEP as one of the important elements associated with firms' productivity, has a significant impact on firms' export mode. The objective of the paper is to assess the enterprises with import and export business in Maoming City. Primary data was used to obtain data, while binary logistic regression analysis was used to analyse the data to determine the influence of CEP on export mode. The results show that the CEP has a positive impact on the export mode. Furthermore, results show that enterprises with better CEP are more inclined to choose the direct export mode, and vice versa. This result is consistent with the theory of heterogeneous firm trade. The study recommends that the Chinese government should give full consideration to the export mode of enterprises when making export policies and make full use of CEP's positive influence on the export mode to promote the internationalisation strategy of enterprises and realise the maximisation of enterprise value.

scholarly journals ECO-FRIENDLY CONSUMERS IN THE FOURTH INDUSTRIAL REVOLUTION: ACADEMIC SOCIETY, GREEN CUSTOMERS, AND ECO LABELLING

2018 ◽  
Vol 1 (2) ◽  
pp. 91-106
Author(s):  
Yanti Budiasih
Keyword(s):  
Purchase Intention ◽  
Negative Influence ◽  
Positive Influence ◽  
Partial Least Square ◽  
Least Square ◽  
Primary Data ◽  
Green Product ◽  
Green Advertising ◽  
Green Packaging ◽  
Significant Positive Influence

This analytical descriptive research aims to find out the relationship between the investigated variables. These variables had been previously tested hence this study made several modifications. The   data  consisted  of   primary   data  and  involved   150   students   of  Ahmad   Dahlan   Economics School  as the  respondents.  The  research variables  were divided  into  exogenous  variables (i.e.,  eco  labeling,   eco  knowledge, green  product,   green  packaging  and   green  advertising)   and endogenous  variables (i.e.,  purchase  intention  and green  customer).  The  data analysis  technique was the Partial Least Square (PLS) by using SmartPls software. Based on the results of hypothesis testing, it can be concluded that: eco-knowledge has a significant negative influence on purchase intention; eco-knowledge has a significant negative influence on green customers; eco-labeling has a significant positive influence on purchase intention; eco-labeling has a significant negative influence on green customer; green product has a  significant positive influence on purchase intention; green product has a significant positive influence on green customer; green packaging has an insignificant influence on purchase intention; green packaging has an insignificant influence on green customer; green advertising has a significant negative influence on purchase intention; green advertising has a significant positive influence on green customer; and purchase intention has a significant positive influence on green customer.

scholarly journals PENGARUH STRUKTUR KEPEMILIKAN, STRUKTUR MODAL, PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI MODERASI

2019 ◽  
Vol 2 (2) ◽  
pp. 214
Author(s):  
Wiwit Setyawati
Keyword(s):  
Capital Structure ◽  
Ownership Structure ◽  
Firm Value ◽  
Dividend Policy ◽  
Value Added ◽  
Sampling Technique ◽  
Negative Influence ◽  
Positive Influence ◽  
Government Ownership ◽  
Significant Positive Influence

The research was purposed to find out the effect of Ownership Structure, Capital Structure, Profitability to Firm Value and dividend policy as moderating variable. This research uses secondary data of mining companies which are listed in Indonesian Stock Exchange during the years of 2011 - 2015. The sampling technique used purposive sampling.  The results showed that the ownership structure has no influence to firm value, the capital structure has a significant negative influence to firm value, and profitability has a significant positive influence to firm value. Dividend policy as a moderating variable weakens influence of institutional ownership, Government ownership and capital structure to firm value. While the influence between profitability and firm value, dividend policy can strengthen its influence. Only profitability have a significant positive influence to firm value. This means high profitability can provide value added to the firm value as reflected by the increasing value of Tobins Q.

Corporate governance and voluntary disclosure: evidence from India

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rupjyoti Saha ◽  
Kailash Chandra Kabra
Keyword(s):  
Corporate Governance ◽  
Voluntary Disclosure ◽  
Audit Committee ◽  
Negative Influence ◽  
Positive Influence ◽  
Annual Reports ◽  
Corporate Board ◽  
Content Type ◽  
Different Types ◽  
Significant Positive Influence

Purpose This study aims to examine the influence of some prominent corporate governance (CG) mechanisms such as board size (BS), board independence (BI), role duality (RD), board’s gender diversity (GD), ownership concentration (OC), audit committee independence (ACI), nomination and remuneration committee (NRC) and risk management committee (RMC) on voluntary disclosure (VD), as well as different types of VD after controlling the effect of some firm-specific factors for Indian firms. Design/methodology/approach The study selects market capitalization-based top 100 non-financial and non-utility firms listed on the Bombay Stock Exchange as on 31st March 2014. Data are drawn from the Capitaline Plus database over the period of 2014–2018. Appropriate panel data regression model is applied to examine the influence of CG on VD. Findings The study reveals a significant negative influence of BI on VD while GD and RMC exhibit a significant positive influence on the same. The remaining CG mechanisms such as BS, RD, OC, ACI and NRC appear to have no significant influence on VD. Analysis into the relationship between CG mechanisms and different types of VD reveals that BI, in particular, has a strong negative influence on corporate strategic disclosure (CSD) and forward looking disclosure (FWLD) while GD and RMC both exhibit a significant positive influence on CSD, FWLD, CG disclosure and financial and capital market disclosure. Notably, none of the CG mechanisms under consideration influence human and intellectual capital disclosure. Research limitations/implications The study considers annual reports as the only medium of making VD and ignores all other sources such as websites and press releases. Besides, it mainly emphasizes on corporate board structure, board committees and OC while other ownership structure-related variables family ownership, managerial ownership are not covered, which can be analysed in future studies. Practical implications The study offers some important theoretical, as well as practical connotations for regulators and practitioners operating in India, as well as other emerging economies having similar institutional settings. Originality/value The study is the first of its kind in India that examines the influence of various CG mechanisms on different types of VD and thereby contributes novel findings in the context of an emerging economy.

Sources of finance for tech startups over its lifecycle: what determines their approach of sources and its success?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shivalik Singh ◽  
Bala Subrahmanya Mungila Hillemane
Keyword(s):  
Venture Capital ◽  
Private Equity ◽  
Growth Stage ◽  
Early Stage ◽  
Binary Logistic Regression ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Primary Data ◽  
Binary Logistic Regression Analysis ◽  
Content Type

PurposeThe purpose of this paper is to ascertain the factors determining the choice of sources of finance for a tech startup over its lifecycle.Design/methodology/approachThis study adopts simple random sampling technique to choose 93 sample tech startups in Bangalore. Further, this study employs the primary data collection from the sampled startups under study through a semi-structured questionnaire and in-depth interviews with the founders/CEOs of these startups. Furthermore, it carries out binary logistic regression analysis to primarily examine the likelihood of a tech startup to approach and access a particular source of finance over its lifecycle.FindingsOur results indicate that a tech startup's choice for a financial source varies with its lifecycle stage and financial requirements. We find that while in its early stage, a tech startup's choice of a financial source is limited to business angels (BA), in the growth stage, it approaches the institutional sources, viz. Venture Capital (VC), Corporate Venture Capital (CVC), Banks and Private Equity (PE) firms alternatively. Out of the three major categories of financial requirements: Human Capital (HC), Research Capital (RC) and Social Capital (SC), the requirement for HC and SC is predominantly funded by VCs, while the acquisition of RC is facilitated by early stage investors (BAs) as well as growth stage investors (CVC and PEs).Research limitations/implicationsThe research implication of the study lies in bringing out the need to understand both the nature and the quantum of financial requirements of tech startups would influence the sources of finance it would approach and obtain finance for its operations and growth.Practical implicationsThe major policy implication of the study refers to the need to promote the diverse sources of finance to meet the diverse needs of finance in different stages of a tech startup's lifecycle. Particularly in an emerging economy, where we do not see the emergence and growth of highly innovative tech startups, the need to promote adequate availability of RC is especially important.Originality/valueThis study makes a key contribution to the entrepreneurial finance literature by empirically investigating the factors determining a tech startup's propensity to approach and access a particular source of finance over its lifecycle.

Awareness and compliance with feed quality standards: the case of chicken feeds in Tanzania

2019 ◽  
Vol 10 (4) ◽  
pp. 475-492
Author(s):  
Joseph Adam Longo ◽  
Adam Meshack Akyoo ◽  
Olav Jull Sørensen
Keyword(s):  
Simple Random Sampling ◽  
Negative Influence ◽  
Positive Influence ◽  
Knowledge Dissemination ◽  
Extension Agents ◽  
Content Type ◽  
Health Consciousness ◽  
Compliance Level ◽  
On Farm ◽  
Significant Positive Influence

Purpose The purpose of this paper is to examine the determinants of awareness of and compliance with chicken feed standards among chicken farmers in Tanzania. Design/methodology/approach A total of 107 respondents in two regions were selected through simple random sampling. Structured questionnaires were used to collect data. Descriptive statistics and multiple regression approaches were used in data analysis. Findings The results revealed that the level of awareness of standards is low and the compliance level is even lower at the same time as the data indicated a positive relation between awareness and compliance. Attending seminars, knowledge dissemination by extension agents, farmers’ awareness of the existence of other standards and health consciousness have a significant and positive influence on awareness of feed standards while the age of the farm and dependence on farm formulated feeds have a significant negative influence on awareness of standards. On the other hand; knowledge dissemination by TBS, awareness of chicken feed standards and awareness of the existence of other standards apart from chicken feed standards, have a significant positive influence on compliance with feed standards. Research limitations/implications These findings indicate that regulators should invest more in awareness creation campaigns to enhance compliance with feed standards at the same time as feed processors should develop closer knowledge and learning links to farmers. Originality/value The findings of the study are expected to positively contribute to performance of chicken industry in Tanzania by promoting production of products that are of quality accepted domestically and abroad.

scholarly journals Role of Islamic microfinance in women’s empowerment: evidence from rural development scheme of Islami bank Bangladesh limited

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Md. Saiful Islam
Keyword(s):  
Rural Women ◽  
Positive Impact ◽  
Sampling Technique ◽  
Women's Empowerment ◽  
Three Dimensions ◽  
Women’S Empowerment ◽  
Primary Data ◽  
Content Type ◽  
Islamic Microfinance ◽  
The Impact

Purpose The purpose of this study is to investigate the impact of Islamic microfinance services (IMFS) on women’s empowerment in rural Bangladesh. Design/methodology/approach The study is based on a multi-stage sampling technique. The primary data are collected through a face-to-face survey of 389 women respondents who have received IMFS from the Islami Bank Bangladesh Limited. Cronbach’s alpha test is conducted to test the reliability and internal consistency of collected data. Paired-sample tests, logit regression and proportion hypothesis tests are conducted to measure the impact of IMFS on women’s empowerment. Descriptive and inferential statistics are used to interpret the data. Findings The study reveals that IMFS have led to structural transformation in the occupation dynamics of the respondents’ families from agriculture to retail businesses. IMFS have had a significant positive impact on household income, savings and expenditure; have improved standard of living and human capital formation; and have enhanced all three dimensions of empowerment, namely, economic empowerment, socio-cultural empowerment (SCEM) and familial empowerment (FLEM). Of them, economic and SCEM have positively contributed toward overall women’s empowerment, while FLEM has a negative but insignificant impact on overall empowerment. The respondents’ perception also supports the finding that IMFS have benefited rural women and empowered them. Originality/value The study is based on primary data. It leads to an inquiry as to whether women are dominant in familial affairs. If so, it may reduce the state of happiness and overall women’s empowerment. There is a clear gap in the existing literature about this inquiry.

Absorptive capacity, cluster linkages, and innovation

2018 ◽  
Vol 29 (1) ◽  
pp. 121-148 ◽  
Author(s):  
Deepak Chandrashekar ◽  
Bala Subrahmanya Mungila Hillemane
Keyword(s):  
Absorptive Capacity ◽  
Sampling Technique ◽  
Positive Influence ◽  
External Factors ◽  
Innovation Performance ◽  
Primary Data ◽  
Internal Factors ◽  
Content Type ◽  
The One ◽  
Internal And External Factors

Purpose The purpose of this paper is to outline the key determinants of innovation performance of a firm in a cluster. This paper probes the role of absorptive capacity in furthering the cluster linkages and thereby enhancing the innovation performance of a firm. Design/methodology/approach This study adopts stratified random sampling technique to choose sample firms from the identified population of firms in a cluster. Further, it employs primary data collection method to collect data from sample firms through a semi-structured questionnaire based in-depth interviews with the top level management of sample firms. It uses multiple linear regression (MLR) techniques to ascertain the influence of absorptive capacity on degree of cluster linkages (both intra-cluster and extra-cluster linkages), and degree of cluster linkages (both intra-cluster and extra-cluster linkages) on innovation performance of a firm. Findings On the one hand, internal factors of absorptive capacity of a firm have a significant positive influence on the degrees of both intra-cluster linkages and extra-cluster linkages. On the other hand, external factors of absorptive capacity of a firm significantly impact the degree of intra-cluster linkages (DICL). But, they have no significant influence on the degree of extra-cluster linkages (DECL). Further, both the DICL and the DECL drive innovation performance of a firm in a cluster. Notably, subsidiaries of externally based firms exhibit superior innovation performance compared to those firms based in a cluster. Originality/value This paper contributes to the extant literature in two ways. First, it empirically validates the effect of absorptive capacity of a firm on its degree of cluster linkages (both intra-cluster and extra-cluster linkages) taking into account both internal and external factors of absorptive capacity. Second, it ascertains the influence of degree of cluster linkages (both intra-cluster and extra-cluster linkages) on the innovation performance of a firm in a cluster.

Prospects, determinants and challenges of implementing food banking: evidence from Ashanti Region of Ghana

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nicholas Oppong Mensah ◽  
Jeffery Kofi Asare ◽  
Ernest Christlieb Amrago ◽  
Samuel Afotey Anang ◽  
Tekuni Nakuja
Keyword(s):  
Sampling Technique ◽  
Negative Influence ◽  
Positive Influence ◽  
Food Banks ◽  
Probit Regression ◽  
Content Type ◽  
Food And Agriculture ◽  
Factors Influencing ◽  
The Mean ◽  
The Government

PurposeThis paper seeks to examine the prospects and constraints of implementing food banking in the in Kumasi Metropolis in Ghana.Design/methodology/approachMultistage sampling technique was used to select 385 respondents for the study. Descriptive statistics were used to present prospects of food banking. The probit regression model was used to analyse factors influencing food banking implementation whereas Kendall's coefficient of concordance was used to analyse constraints in implementing food banking.FindingsAddressing food poverty, helping to provide food aid to respondents in times of pandemics (such as Covid 19) and also helping in reducing food wastage were the most notable prospects of food banking. Age, household size, food bank awareness and food poverty had a significant positive influence on food banking implementation, whereas residential status and employment status had a significant negative influence on food banking implementation. The most pressing constraint in implementing food banking is funding and support with the mean rank of 3.03 whiles the least pressing constraint is improper documentation of potential beneficiaries with the mean rank of 6.72.Social implicationsThis study provides empirical contributions and practical implications for implementing food banks in Ghana. Thus, the government of Ghana through the Ministry of Food and Agriculture (MOFA) can enact policies that can help prevent food losses and wastage. In this vain, food which could have been wasted would be redirected to food banks. This can serve as a tool for social intervention, poverty alleviation and prevention of hunger among the vulnerable in Ghana.Originality/valueDespite several studies on food banking in affluent countries, food banking research in developing countries such as Ghana remains scanty. Thus, this paper makes significant contributions to the literature on prospects and constraints in implementing food banking and the factors influencing food banking implementation.

scholarly journals PENGARUH LIKUIDITAS, LEVERAGE DAN PERTUMBUHAN PERUSAHAAN TERHADAP PERINGKAT OBLIGASI

2019 ◽  
Vol 1 (01) ◽  
pp. 49
Author(s):  
Putri Kinanti Azani ◽  
Khairunnisa Khairunnisa
Keyword(s):  
Research Result ◽  
Sampling Technique ◽  
Negative Influence ◽  
Positive Influence ◽  
Analysis Model ◽  
Bond Rating ◽  
Company Growth ◽  
A Company ◽  
Risk Scale ◽  
Significant Positive Influence

Bond rating is a risk scale which can illustrate the ability of a company in fulfilling its obligation to pay interest or pay off principal. The higher the bond rating, the more a company is considered able to fulfill its obligation punctually. Conversely, the lower the bond rating, the higher the risk of failure to pay. This study was aimed to determine factors influencing bond rate. The research variables were liquidity, leverage and company growth. The research object was bonds published by non-financial and non-banking companies rated by PT. PEFINDO in 2011-2015. The sampling technique was purposive sampling, which collected 105 bonds published by 7 companies. The data analysis model in this study was logistic regression analysis using SPSS 21 sofware. The research result showed that variables liquidity and leverage had significant positive influence on bond rating while company growth had significant negative influence on bond rating

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