Impact of Ownership Types on R＆D Intensity and Innovation Performance--Evidence from Transitional China  

作　　者：Da Teng Jingtao Yi 

机构地区：[1]Coventry Business School, Coventry University, Coventry CVI 5FB, UK [2]School of Business, Renmin University of China, Beijing 100872, China

出　　处：《Frontiers of Business Research in China》2017年第1期101-137,共37页中国高等学校学术文摘·工商管理研究（英文版）

基　　金：This research is supported by National Natural Science Foundation of China （No. 71373010）.

摘　　要：This paper examines the effects of ownership types on firms＇ R＆D intensity and innovation performance, using a sample of 357,857 Chinese firms from 2005-2007. This study finds considerable divergence among Chinese domestic enterprises in terms of R＆D intensity and innovation performance. Firms owned by the central government are the key drivers for firms＇ R＆D activities, while local government, private and foreign ownerships are negatively related to both R＆D intensity and innovation performance. Significant divergence within government ownership category and argues that China＇s institutional changes generate varied government ownership groups with different levels of resource endowment, which in turn influence firms＇ R＆D activities.This paper examines the effects of ownership types on firms＇ R＆D intensity and innovation performance, using a sample of 357,857 Chinese firms from 2005-2007. This study finds considerable divergence among Chinese domestic enterprises in terms of R＆D intensity and innovation performance. Firms owned by the central government are the key drivers for firms＇ R＆D activities, while local government, private and foreign ownerships are negatively related to both R＆D intensity and innovation performance. Significant divergence within government ownership category and argues that China＇s institutional changes generate varied government ownership groups with different levels of resource endowment, which in turn influence firms＇ R＆D activities.

关 键 词：OWNERSHIP R＆D intensity innovation performance institutional changes China 

分 类 号：F279.23[经济管理—企业管理] F121.2[经济管理—国民经济]