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題名 Investor Experience and Innovation Performance: The Mediating Role of External Cooperation
作者 吳安妮; 黃政仁
Boh, Wai Fong; Huang, Cheng-Jen; Wu, Anne
貢獻者 會計系
日期 2020-01
上傳時間 28-四月-2020 13:47:56 (UTC+8)
摘要 We add to the literature examining the ownership‐innovation relationship by examining two major investor types: corporate investors and family investors. We use organizational environmental scanning as a new perspective to understand how these investors` capabilities influence firms` external cooperation and innovation performance. We found that corporate investors with broad investment experience strengthen a firm`s environmental scanning, enhancing innovation performance by increasing the number of external cooperation activities the firm engages in. Conversely, family investors` broad investment experience tend to be negatively associated with the number of external cooperation and with firm innovation. Our results show that investors influence firm innovation not simply through a monitoring role but also by affecting firms` abilities to innovate, once we factor in the types of investors and their capabilities.
關聯 Strategic Management Journal, 41:1, 124-151
資料類型 article
DOI https://doi.org/10.1002/smj.3089
dc.contributor 會計系-
dc.creator (作者) 吳安妮; 黃政仁-
dc.creator (作者) Boh, Wai Fong; Huang, Cheng-Jen; Wu, Anne-
dc.date (日期) 2020-01-
dc.date.accessioned 28-四月-2020 13:47:56 (UTC+8)-
dc.date.available 28-四月-2020 13:47:56 (UTC+8)-
dc.date.issued (上傳時間) 28-四月-2020 13:47:56 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/129529-
dc.description.abstract (摘要) We add to the literature examining the ownership‐innovation relationship by examining two major investor types: corporate investors and family investors. We use organizational environmental scanning as a new perspective to understand how these investors` capabilities influence firms` external cooperation and innovation performance. We found that corporate investors with broad investment experience strengthen a firm`s environmental scanning, enhancing innovation performance by increasing the number of external cooperation activities the firm engages in. Conversely, family investors` broad investment experience tend to be negatively associated with the number of external cooperation and with firm innovation. Our results show that investors influence firm innovation not simply through a monitoring role but also by affecting firms` abilities to innovate, once we factor in the types of investors and their capabilities.-
dc.format.extent 1729930 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Strategic Management Journal, 41:1, 124-151-
dc.title (題名) Investor Experience and Innovation Performance: The Mediating Role of External Cooperation-
dc.type (資料類型) article-
dc.identifier.doi (DOI) 10.1002/smj.3089-
dc.doi.uri (DOI) https://doi.org/10.1002/smj.3089-