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In this paper, we investigate the innovative efficiency of SOEs in China. Innovative efficiency refers to output of patents per dollar spending of R&D expenditure. The data indicate that minority SOEs are substantially more innovatively efficient than nonSOEs and majority SOEs. The relative...
Persistent link: https://www.econbiz.de/10012835354
Network embeddedness is an essential determinant of enterprise innovation, but the mechanism of its impact on innovation performance remains unclear. Based on resource dependence theory, this study analyzes the influence of structural embeddedness and relational embeddedness on innovation...
Persistent link: https://www.econbiz.de/10013449184
In this study, using a unique firm-level survey database, I investigate innovation for privatized former state-owned enterprises (SOEs) versus originally private (de novo) firms in 30 Eastern European and Central Asian countries. I also examine how innovation related activities and practices...
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This paper proposes the new hypothesis that the loss of innovative efficiency is greater than the loss of productive efficiency in Chinese state-owned enterprises (SOEs). SOE reform in China has been able to achieve substantial improvements in SOE productive efficiency by using supervision and...
Persistent link: https://www.econbiz.de/10013011452
We examine the real effect of partial privatization on corporate innovation. To establish causality, we explore … plausibly exogenous variation in the expectation of further partial privatization generated by China’s split share structure … privatization of state-owned enterprises. We find that partial privatization prospects have a positive effect on corporate …
Persistent link: https://www.econbiz.de/10014037260