Market-Oriented Institutional Change and R&D Investments: Do Business Groups Enhance Advantage?

• Main Authors: CHOI, Young Rok, YOSHIKAWA, Toru, Zahra, Shaker A., HAN, Bong H.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2014
• 主題: Institutional change; Research and development; Business groups; Financing constraints; Governance reforms; International Business; Strategic Management Policy
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/4597; https://doi.org/10.1016/j.jwb.2013.10.002

Emerging market firms (EMFs) are increasingly relying on innovation to find their competitive advantage, but our understanding of how institutional change affects firm innovation has been limited. We analyzed Korean manufacturing firms from 1994 to 2006 to test the proposition that market-oriented i...