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Intermediate imports and innovation performance: do family firms benefit more?
European Journal of Innovation Management ( IF 5.0 ) Pub Date : 2019-11-14 , DOI: 10.1108/ejim-05-2019-0116
Marisa Ramírez-Alesón , Marta Fernández-Olmos

The purpose of this paper is to analyze the impact of imported intermediate inputs on innovation performance, differentiating among types of innovation output (product and process innovation) and considering both family and non-family firms in the Spanish context.,This paper uses an unbalanced panel of 1963 firms in the Spanish manufacturing sector (13,155 observations; 2006–2016) that can be identified as family or non-family firms. The authors apply a recently developed methodology (conditional mixed process model) that takes into account the possible relationships among the dependent variables to a panel bivariate probit model with robust standard errors.,Importing intermediate inputs is an important source of process innovation for all firms, but not of product innovations. Significant differences were found between family and non-family firms in favor of the family type.,This paper breaks down the family state into two categories (belonging to a family group or not) because the database does not contain information regarding the percentage of family ownership or the number of family members in the management structure. Moreover, the research is context specific.,These results will be useful for firms that are considering the value of importing intermediate inputs as a strategy to improve their process innovations, particularly for family firms.,Family firms are more successful in the utilization of imported intermediate inputs to achieve greater innovation performance. If family firms are more competent in leveraging their intermediate input imports in innovation performance, it should contribute to increasing business performance.,The research on imports takes into account the different impacts of intermediate imports depending on innovation performance (product innovation vs process innovation) and the nature of the firm (family firms vs non-family firms).

中文翻译:

中间进口和创新绩效:家族企业是否能从中受益?

本文的目的是分析进口中间投入对创新绩效的影响,区分创新产出的类型(产品和过程创新),并考虑西班牙背景下的家族企业和非家族企业。 1963年西班牙制造业中的公司组成的小组(13,155项观察; 2006–2016年),可以确定为家族企业或非家族企业。作者采用了最近开发的方法(条件混合过程模型),该方法考虑了因变量之间可能存在的关系,并采用具有鲁棒标准误差的面板双变量概率模型进行了研究。中间投入的输入对于所有公司而言都是过程创新的重要来源,但不是产品创新。发现家族企业与非家族企业之间在支持家族类型方面存在显着差异。本文将家族状态分为两类(是否属于家族),因为该数据库不包含有关家族百分比的信息所有权或管理结构中的家庭成员人数。而且,该研究是针对特定情况的。这些结果对于正在考虑将中间投入的价值作为改善其过程创新的策略的公司,特别是对于家族企业而言,。家族企业在利用进口方面更成功中间投入以实现更大的创新绩效。如果家族企业更有能力在创新绩效中利用其中间投入的进口,
更新日期:2019-11-14
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