TY - GEN
T1 - Does business group affiliation make firm innovation different? Evidence from Taiwan
AU - Hsieh, Tsun Jui
AU - Chen, Yu Ju
AU - Wu, Wei Li
PY - 2010/11/25
Y1 - 2010/11/25
N2 - 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.
AB - 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.
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M3 - Conference contribution
AN - SCOPUS:78549296424
SN - 1890843229
SN - 9781890843229
T3 - PICMET '10 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management for Global Economic Growth
SP - 894
EP - 902
BT - PICMET '10 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management for Global Economic Growth
T2 - Portland International Center for Management of Engineering and Technology - Technology Management for Global Economic Growth, PICMET '10
Y2 - 18 July 2010 through 22 July 2010
ER -