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Title:	How Firm`s Dealing With the Dual-Forces in China`s Mid-Range Economy Affect Innovation Performance
Authors:	黃國峯 Gao, Yu;Huang, Kuo-Feng;Wang, Ting;Pan, Jia;Yang, Wei;Yan, Hongchang
Contributors:	企業管理學系
Keywords:	institutional capital;market learning;mid-range economy
Date:	2016-01
Issue Date:	2018-01-08 12:35:23 (UTC+8)
Abstract:	This article interprets how firms` reactions to the dual (institutional and market) influential forces in China`s mid-range economy would together determine their innovation performance. In particular, this article investigates the curvilinear effects of the benefits (formal institutional capital and informal institutional capital) firms obtained from their reacting to the institutional voids on innovation performance, and examines how firms` reacting to the market influences (exploratory market learning and exploitative market learning) would moderate the relationships between institutional capital and innovation performance. Based on the multiple informant responses of 303 ﬁrms in China, we ﬁnd that formal institutional capital has a U-shaped effect on innovation performance, while informal institutional capital has an inverted U- shaped effect on innovation performance. Exploratory market learning would sharpen the U-shaped/inverted U-shaped effects of formal institutional capital/informal institutional capital on innovation performance, while exploitative market learning would weaken the inverted U-shaped effects of informal institutional capital on innovation performance.
Relation:	Academy of Management Proceedings, 2016 (Meeting Abstract Supplement) 15116
Data Type:	conference
DOI link:	http://dx.doi.org/10.5465/AMBPP.2016.15116abstract
DOI:	10.5465/AMBPP.2016.15116abstract
Appears in Collections:	[Department of Business Administation] Proceedings

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