Market-based reforms, synchronization and product innovation

被引:24
作者
Yang, Xiaoming [1 ]
Sun, Sunny Li [1 ]
Yang, Haibin [2 ]
机构
[1] Univ Missouri, Henry W Bloch Sch Management, Kansas City, MO 64110 USA
[2] City Univ Hong Kong, Coll Business, Kowloon, Hong Kong, Peoples R China
关键词
Market-based reforms; Synchronization; Absorptive capacity; RESEARCH-AND-DEVELOPMENT; ABSORPTIVE-CAPACITY; EMERGING ECONOMIES; LOCATION CHOICE; SUCCESS FACTORS; PERFORMANCE; TECHNOLOGY; MANAGEMENT; STRATEGY; TRANSFORMATION;
D O I
10.1016/j.indmarman.2015.04.015
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper focuses on the multiple dimensions of market-based reforms and their impacts on firms' product innovation performance in China, the largest emerging country in the world. By analyzing a data set with more than one-half-million observations on firms during China's economic transition during the period 2005-2007, we find that the progress of market-based reforms and the degree to which different dimensions of market-based reforms are conducted simultaneously, referred to as synchronization, have a positive effect on firms' product innovation. We also find that firms with higher absorptive capacity benefit more from market-based reforms and the synchronization of different dimensions of market-based reforms. (C) 2015 Elsevier Inc. All rights reserved.
引用
收藏
页码:30 / 39
页数:10
相关论文
共 50 条
[31]   MARKET ORIENTATION AND NEW PRODUCT SUCCESS RELATIONSHIP: THE ROLE OF INNOVATION CAPABILITY, ABSORPTIVE CAPACITY, GREEN BRAND POSITIONING [J].
Dogbe, Courage Simon Kofi ;
Bamfo, Bylon Abeeku ;
Pomegbe, Wisdom Wise Kwabla .
INTERNATIONAL JOURNAL OF INNOVATION MANAGEMENT, 2021, 25 (03)
[32]   Market Innovation and Product Excellence in Indonesia: The Moderating Role of Product Innovation [J].
Wulandari, Siti Sri ;
Widjaja, Sri Umi Mintarti ;
Wahyono, Hari ;
Utomo, Sugeng Hadi .
QUALITY-ACCESS TO SUCCESS, 2021, 22 (180) :27-31
[33]   Market knowledge impacts on product and process innovation: Evidence from travel agencies [J].
Chen, Kuan-Yang ;
Altinay, Levent ;
Chen, Po-Yuan ;
Dai, You-De .
TOURISM REVIEW, 2022, 77 (01) :271-286
[34]   Internationalization and product innovation in ASEAN: The moderating role of organizational innovation [J].
Nguyen-Van, Dung ;
Chang, Chia-Hua .
MANAGERIAL AND DECISION ECONOMICS, 2021, 42 (02) :437-462
[35]   Speed of pro-market reforms and entrepreneurial innovation [J].
Fuentelsaz, Lucio ;
Gonzalez, Consuelo ;
Gonzalez, Minerva .
SMALL BUSINESS ECONOMICS, 2025, 64 (04) :1849-1876
[37]   A framework of interfirm open innovation: relationship and knowledge based perspectives [J].
Fisher, Gregory J. ;
Qualls, William J. .
JOURNAL OF BUSINESS & INDUSTRIAL MARKETING, 2018, 33 (02) :240-250
[38]   RATIONALITY OF STOCK MARKETS - A CRITICAL PERSPECTIVE ON MARKET-BASED MODELS OF INNOVATION INFLUENCE ON FIRM PERFORMANCE [J].
Riedel, Norman Hendrik .
PROCEEDINGS OF THE 8TH INTERNATIONAL CONFERENCE INNOVATION MANAGEMENT, ENTREPRENEURSHIP AND SUSTAINABILITY (IMES 2020), 2020, :586-599
[39]   Reconsideration of new product development planning based on the relationship between product complexity and product lifetime: the case of the Korean mobile phone market [J].
Yoon, Jungsub ;
Oh, Dong-hyun ;
Oh, Yoonhwan ;
Lee, Jeong-Dong .
TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 2024, 36 (02) :306-318
[40]   Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China [J].
Liu, Shimeng ;
Xiong, Xiong ;
Gao, Ya .
RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2025, 77