BUSINESS GROUP EFFECTS ON THE INNOVATION-INTERNATIONALIZATION RELATIONSHIP: EVIDENCE FROM THE INDIAN PHARMACEUTICAL SECTOR

被引：2

作者：

Purkayastha, Saptarshi ^{[1
]}

Manolova, Tatiana S. ^{[2
]}

Edelman, Linda F. ^{[3
]}

机构：

[1] Indian Inst Management Calcutta, Kolkata, India

[2] Bentley Univ, Management, Waltham, MA USA

[3] Bentley Univ, Strateg Management, Waltham, MA USA

来源：

EMERGING ECONOMIES AND MULTINATIONAL ENTERPRISES | 2015年

关键词：

Innovation; R&D intensity; internationalization; emerging economies; ownership; RESEARCH-AND-DEVELOPMENT; EMERGING MULTINATIONALS; EXPORT PERFORMANCE; GROUP AFFILIATION; FIRMS; STRATEGY; EXPANSION; TECHNOLOGY; COMPANIES; BEHAVIOR;

D O I：

10.1108/S1571-502720150000028017

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We combine insights from the strategic management and international business literatures in order to explore the moderating role of business group characteristics on the link between innovation and internationalization in the context of the pharmaceutical sector in India. We test our three hypotheses on a sample of 219 Indian pharmaceutical firms affiliated with business groups, over a five-year period (2005-2010) in a panel of 1,096 firm-year observations. Results indicate that, contrary to our contention, research expenditure is negatively associated with export intensity, implying that firms in the Indian pharmaceutical sector may face a trade-off between investing in innovation and international expansion. As expected, business group characteristics significantly impact the strength of the relationship between innovation and internationalization. Theoretical and practitioner implications are discussed.

引用

页码：379 / 402

页数：24

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