The impact of political connections on innovation performance of emerging market enterprises

In emerging markets, the government is a powerful supplementary form of market allocation of resources and plays an important role in the development of enterprises. Based on the resource-based-view (RBV) theory, this paper exams how political connections of an emerging market enterprise (EME) affec...

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Main Author: Hu, Siyu
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2019
Online Access:https://eprints.nottingham.ac.uk/57374/
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author Hu, Siyu
author_facet Hu, Siyu
author_sort Hu, Siyu
building Nottingham Research Data Repository
collection Online Access
description In emerging markets, the government is a powerful supplementary form of market allocation of resources and plays an important role in the development of enterprises. Based on the resource-based-view (RBV) theory, this paper exams how political connections of an emerging market enterprise (EME) affecting its innovation performance and discusses how institutional contexts moderating the relationship between the political connections and firm innovation performance. Using panel data from a sample of 343 Chinese growth enterprise market (GEM) companies of Shenzhen stock exchange over 2012–2016, the empirical results show that political connections have a positive effect on firm innovation performance. And it also shows that the level of state ownership and the level of regional institutional development weakens the positive focal relationship. The study has also discussed the theoretical and managerial implications of the findings.
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spelling nottingham-573742022-11-30T10:35:19Z https://eprints.nottingham.ac.uk/57374/ The impact of political connections on innovation performance of emerging market enterprises Hu, Siyu In emerging markets, the government is a powerful supplementary form of market allocation of resources and plays an important role in the development of enterprises. Based on the resource-based-view (RBV) theory, this paper exams how political connections of an emerging market enterprise (EME) affecting its innovation performance and discusses how institutional contexts moderating the relationship between the political connections and firm innovation performance. Using panel data from a sample of 343 Chinese growth enterprise market (GEM) companies of Shenzhen stock exchange over 2012–2016, the empirical results show that political connections have a positive effect on firm innovation performance. And it also shows that the level of state ownership and the level of regional institutional development weakens the positive focal relationship. The study has also discussed the theoretical and managerial implications of the findings. 2019-08-29 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/57374/1/dissertation.pdf Hu, Siyu (2019) The impact of political connections on innovation performance of emerging market enterprises. [Dissertation (University of Nottingham only)]
spellingShingle Hu, Siyu
The impact of political connections on innovation performance of emerging market enterprises
title The impact of political connections on innovation performance of emerging market enterprises
title_full The impact of political connections on innovation performance of emerging market enterprises
title_fullStr The impact of political connections on innovation performance of emerging market enterprises
title_full_unstemmed The impact of political connections on innovation performance of emerging market enterprises
title_short The impact of political connections on innovation performance of emerging market enterprises
title_sort impact of political connections on innovation performance of emerging market enterprises
url https://eprints.nottingham.ac.uk/57374/