Why are the industrial firms of emerging economies short-termistic in innovation? Industry-level evidence from Chinese manufacturing
by Bin Guo; Xiaoling Chen
International Journal of Technology Management (IJTM), Vol. 59, No. 3/4, 2012

Abstract: We examine the influences of intra-industry and inter-industry foreign direct investment (FDI) presence, financial constraints and technological uncertainty on the short-termism in innovation by using an industry-level panel data of Chinese large- and medium-size manufacturing enterprises during the period of 2000 to 2009. Innovation behaviour is conceptualised as a process of knowledge acquisition and knowledge creation from a learning perspective. The empirical results show that intra-industry and inter-industry FDI presence have strong influences on firms' short-termism in both knowledge acquisition and knowledge creation, while financial constraints and technological uncertainty only affect firms' short-termism in knowledge acquisition. Another interesting finding is that intra-industry FDI presence is negatively related to firms' short-termism in knowledge acquisition and positively related to firms' short-termism in knowledge creation.

Online publication date: Fri, 08-Jun-2012

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com