Innovation source and performance: A firm-level analysis of high-tech sector in China

Li, Z. and Millman, C. and Chi, R. (2013) Innovation source and performance: A firm-level analysis of high-tech sector in China. Global Business and Economics Review, 15 (4). pp. 327-349. ISSN 10974954 (ISSN)

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Abstract

With a global focus on China regarding its significant growth phenomenon, this paper examines the relationship between innovation source and performance at firm level in China. Specifically, the focus is on two dimensions of innovation performance: patents and new product development, using data from 1,111 firms in the high-tech sector in Zhejiang province. Key findings are: 1 In-house R&D efforts are having impacts on firms' innovation performance. Specifically, R&D personnel are positively associated with patents applications, while investments in R&D are positively associated with new products. Moreover, existence of R&D institutions is positively associated with innovation performance using both measures. 2 Technology imports are having a direct impact on the development of new products. 3 Product exports prove to be positively associated with innovation performance using both measurements. The study contributes to the existing knowledge field in innovation management by providing an empirical and contextual analysis. Moreover, it provides insights to Chinese policy makers in the better promotion of indigenous innovation. Copyright © 2013 Inderscience Enterprises Ltd.

Item Type: Article
Uncontrolled Keywords: China, Exports, Innovation, Patent, R&D, Technology imports
Subjects: N100 Business studies
Divisions: UoA Collections > UoA19: Business and Management Studies
Faculty of Business, Law and Social Sciences > Birmingham City Business School > Dept. Strategy, Marketing and Economics
Depositing User: Hussen Farooq
Date Deposited: 14 Feb 2017 14:11
Last Modified: 14 Feb 2017 14:11
URI: http://www.open-access.bcu.ac.uk/id/eprint/2598

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