Does business group affiliation make firm innovation different? Evidence from Taiwan

Tsun Jui Hsieh, Yu Ju Chen, Wei Li Wu

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper investigates how business group affiliation affects firm innovation. Business groups have greater access than most stand-alone firms to the resources needed to trigger innovation in emerging economies. Business group affiliation provides firms with key necessary resources and facilitates affiliated firms to engage in higher-level innovative activities. However, unaffiliated firms tend to undertake relatively low order innovative projects because of their resource constraints. Such patterns of innovative activities vary from a firm's group membership. Evidence from Taiwan presented in this paper suggests that affiliated firms generate greater innovative outputs than unaffiliated firms. The findings also suggest that affiliated firms generate higher proportion of major innovation while unaffiliated firms produce more on incremental innovation. This study contributes to recent endeavours to understand the effects of business group on firm innovation.

Original languageEnglish
Title of host publicationPICMET '10 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management for Global Economic Growth
Pages894-902
Number of pages9
Publication statusPublished - 2010 Nov 25
EventPortland International Center for Management of Engineering and Technology - Technology Management for Global Economic Growth, PICMET '10 - Phuket, Thailand
Duration: 2010 Jul 182010 Jul 22

Publication series

NamePICMET '10 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management for Global Economic Growth

Other

OtherPortland International Center for Management of Engineering and Technology - Technology Management for Global Economic Growth, PICMET '10
CountryThailand
CityPhuket
Period10-07-1810-07-22

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Management of Technology and Innovation
  • Economics and Econometrics

Fingerprint Dive into the research topics of 'Does business group affiliation make firm innovation different? Evidence from Taiwan'. Together they form a unique fingerprint.

  • Cite this

    Hsieh, T. J., Chen, Y. J., & Wu, W. L. (2010). Does business group affiliation make firm innovation different? Evidence from Taiwan. In PICMET '10 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management for Global Economic Growth (pp. 894-902). [5603283] (PICMET '10 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management for Global Economic Growth).