高科技上市公司投资机会对R&D投入强度的影响

R&D投入不仅是企业技术创新绩效的重要资源,也是企业获得长期竞争优势的主要驱动力。以我国2007-2008年高新技术上市公司为研究样本,检验了经理自主权、投资机会与R&D投入强度的关系。研究发现:公司的投资机会越大,其研发支出比重和技术人员比重就越高,也就是说高投资机会的高新技术公司能够加大R&D投入强度;而随着经理可使用的营运资金比重的增大以及经理报酬与管理层最低报酬差距的增大,高投资机会的高新技术公司会减少R&D投入强度。     

技术型连锁独立董事、技术创新与环境绩效

基于资源依赖理论、声誉理论和组织间模仿理论,实证检验了技术型连锁独立董事非正式机制对企业环境绩效的影响,探究了技术创新对技术型连锁董事与环境绩效关系的调节作用。以中国A股上市公司2014-2016年面板数据进行实证分析,结果表明：技术型连锁执行董事与企业环境绩效不存在显著关系;技术型连锁独立董事与企业环境绩效呈正相关关系;国有企业中技术型连锁独立董事与企业环境绩效呈显著负相关关系。进一步研究还发现,技术创新降低了技术型连锁独立董事对环境绩效的正向关系;在国有企业中,技术创新没有对技术型连锁独立董事与环境绩效关系产生影响。     

KIBS企业嵌入强度对科技型小微企业技术创新绩效影响研究

针对当前对知识密集型服务企业和科技型小微企业互动关系研究的不足,引入关系强度概念,探讨了在创新网络中知识密集型服务企业嵌入关系强度、组织学习能力、科技型小微企业技术创新绩效之间的关系,以江苏省科技型小微企业为样本,对研究假设进行实证检验。研究发现：知识密集型服务企业嵌入对科技型小微企业技术创新绩效有促进作用;关系强度（包括强关系和弱关系）对科技型小微企业技术创新绩效有正向影响,强关系对突破性技术创新绩效有明显促进作用,弱关系对渐进性技术创新绩效有明显促进作用,组织学习能力在关系强度与技术创新绩效间发挥中介调节作用。     

动态竞争中的技术创新信号与企业反应决策

以调查问卷方式分析了在动态竞争环境下钢铁行业技术创新信号的不同特征及其对企业战略决策的影响。研究结果显示:信号的敌对性和强度对企业反应决策有显著性的影响,而信号的可信度则影响不显著;信号的不同特性与企业反应速度都呈显著的正相关关系;信号的敌对性、强度与企业反应的敌对性和强度有匹配关系,信号的强度对企业反应方式的选择没有显著性的影响。     

高新技术企业技术创新投资风险预警研究

本文以2017年10月份部分上市公司的有关资金流入与资金流出的统计数据为基础,通过应用假设检验模型、方差分析模型和一元线性回归模型来研究流入资金与流出资金、风险投资与技术创新的变量关系。研究结果表明,成功的资金投入即资金流出会大大促进企业技术创新,从而会提高企业生存活力,使企业在发展中屹立于不败之地。     

论以跨国购并模式实现企业技术创新战略

中国经济现处于转型期,优化经济发展方式,经济结构调整向合理化、高度化演进是实现稳中求进主基调的重要战略方针,科学技术和自主创新对提升整体国民经济产业素质将起到核心作用。文章通过对技术创新与企业发展、技术型跨国购并与企业创新战略、我国企业技术型跨国购并现状与问题、技术寻求型跨国购并机遇与对策四个方面的理论和实践进行研究,归纳总结出系统的具有创新意义的研究结论,对企业实现技术创新的战略选择将大有裨益。     

产学研合作中企业网络位置与关系强度对技术创新绩效的影响

以江浙沪A股上市公司为研究对象，运用DEA模型测度企业技术创新绩效，从网络位置和网络关系维度出发，实证检验产学研合作中企业网络位置与关系强度对企业技术创新绩效的影响。研究表明，网络中心位置即度数中心度在某种程度上抑制企业技术创新绩效提升；企业网络中介位置即中间中心度对技术创新绩效具有显著正向促进作用；网络关系强度对企业技术创新绩效具有显著正向促进作用。据此，提出相关对策建议。     

企业自主创新与利益相关者的关系特征研究

利益相关者掌握着企业技术创新活动所必须的资金、技术、知识、信息等重要资源,他们对技术创新具有重要的战略意义。在由模仿创新向自主创新的战略转变过程中,利益相关者与企业技术创新活动的关系必将发生变化并呈现出新的特征。通过模仿创新与自主创新的比较研究,揭示企业自主创新活动与利益相关者之间的关系特征。     

并购融资决策影响下的企业技术创新

以我国 A 股上市公司并购融资事件作为研究样本,对并购融资决策如何影响企业技术创新这一问题做出分析。结果表明：在并购融资中,如果企业越偏好债权融资,技术创新就越弱。产权性质具有调节作用,国有产权能够减弱并购债权融资决策对技术创新的负面影响。并购债权融资决策对企业技术创新的影响以及产权性质的调节作用,主要在成长期企业和高新技术企业中得到体现。并购债权融资决策显著影响的是企业的中级和初级技术创新活动,产权性质的调节作用也集中体现在上述关系中。研究的启示是：第一,具有研发需求的企业,特别是成长期企业、高新技术企业、小步快跑式创新企业,要慎重对待并购债权融资;第二,创新金融体制机制,为企业并购提供更多的融资方式选择。     

苏南地区制造业企业技术创新对策的实证研究

经济转型首先要解决的问题是制造业的更新与升级。苏南地区作为中国部分优势制造业的集聚地区之一,其产业升级与技术创新关系到整个国民经济的内生、持续、健康发展。考察技术创新链中的技术型员工、资金这两种技术创新统辖要素的互动作为逻辑主线,在此基础上对苏南三市（苏锡常）的制造业产出、制造业就业人数和三市的高等职业院校历年毕业生人数构建C-D生产函数并进行检验,分析得出的结论揭示了技术型员工在苏南地区现有制造业发展的重要地位以及对其未来发展的重要作用。     

The Strategic Choice Of Managers And Managerial Discretion

Managerial discretion is likely to be beneficial to shareholders because of strategic cross-effects in an oligopoly. In certain circumstances, shareholders deliberately retain managerial discretion in equilibrium even when the reduction of managerial discretion is cost free. It is found that the positive effect of managerial discretion on profits can only be created by power-building (shirking) managers if quantity (price) competition prevails in the market. Consequently, the dominant strategy for the owners of a quantity- (price-) competing company is to employ a power-building (shirking) manager. The strategic effect of such a match between the type of manager and the form of competition exists for all managerial decisions as far as firms interact with each other.     

Corporate governance structure,managerial discretion,and the R&D investment in China

This article studies the influence of corporate governance factors on firm R&D investment in a transitional economy like China. By using the data from the listed companies in China, this article statistically tests the hypotheses on the relations between corporate R&D intensity and managerial discretion of CEOs, independent outside directors, degree of share concentration, share held by the state, and share held by a manager. According to the results, the managerial discretion of CEOs has a significant and negative correlation with the firm R&D investment. The number of the independent outside directors in the board has a positive influence on the R&D investment. And as the shares held by a manager increase, the firm R&D intensity will decrease at first, and then increase along an inverted parabolic curve. All these findings show that the improvement of corporate governance and stock incentive plan, and the cultivation of active and long-term stock investors, may finally lead to the upgrade of corporate innovation capabilities.     

管理者短视对企业二元创新的影响——基于管理自由度和环境不确定性的调节作用

在国家创新驱动高质量发展的战略目标背景下,二元创新是企业实现长远发展,维持经营绩效的重要战略选择。然而,作为企业战略决策人的管理者并非都具有长远的战略目光。选取我国A股上市公司作为研究对象,探讨管理者短视与企业二元创新间的关系,并对管理自由度和环境不确定性对其的调节效应进行了实证检验。研究发现,管理者短视显著抑制了企业的二元创新。其中管理自由度强化了管理者短视对企业二元创新的抑制作用,而环境不确定性弱化了管理者短视对企业二元创新的抑制作用。研究结果拓展了管理者短视与企业二元创新的相关关系,对企业高层次的管理人才的聘任以及企业的战略选择具有一定的现实启示意义。     

技术学习、管理学习对自主创新的影响——技术复杂性的调节作用

在国内外竞争日趋激烈的背景下，如何提高企业自主创新能力受到广泛关注。基于组织学习理论，构建了技术学习、管理学习、技术复杂性与自主创新之间的理论模型，并利用252家中国制造业企业调研数据对相关假设进行了检验。结果表明：技术学习对自主创新具有倒U型影响；管理学习对自主创新具有正向影响；技术学习与管理学习的交互效应对自主创新具有正向影响；技术复杂性会加强技术学习对自主创新的倒U型影响，削弱管理学习对自主创新的正向影响。     

How knowledge flow affects Korean ICT manufacturing firm performance: a focus on open innovation strategy

The paper presents an integrated viewpoint of technological innovation strategy by considering both the firm and industry levels. Further, we provide a new open innovation framework by adopting a knowledge flow perspective using patent citation information. Finally, we consider a firm’s outbound open innovation performance using cites per patent information together with financial performance to look at both the practical and the potential effects of technological innovation strategy. Through these analyses, this study examines determinants of open technology innovation activity in the information and communication technology manufacturing industry in Korea and draws managerial and policy implications for effective industry promotion and improvement of technology innovation capability.     

Implications of the Dominant Design in Electronic Initiation Systems in the South African Mining Industry

This article analyzes an emerging technological innovation, namely, electronic initiation systems for mining explosives in South Africa. The concept of electronic initiation is presenting itself as a challenge to traditional initiation systems, particularly cap-and-fuse and shock tube technologies. From a technology strategy viewpoint, the challenge is to determine the nature of the managerial decisions that have to be addressed. The Utterback-Abernathy innovation model is used to assess the evolution of the emerging technology; it is found that the technology is still in the fluid phase and that a dominant design has not yet emerged. Since the dominant design is a very important milestone in the evolvement of the product with regard to both the technical and the business aspects, the immediate managerial focus should be on the evaluation factors that may influence the emergence of the dominant design. The emergence of a dominant design is, however, a complex process that depends on the interplay between a myriad of issues, including technological, market, social, economic, and related aspects. The paper anticipates the technological future of the innovation by exploring the factors that may influence the dominant design of electronic initiation systems, and casts the findings in a format that is useful for managerial decision support.     

Organisational structure and managerial innovation: the mediating effect of cross-functional integration

This study examines the linkage of organisational structure (along the mechanistic-organic continuum) to managerial innovation and the mediating effect of cross-functional integration on the linkage. It finds that the relationship between organic structure and managerial innovation is positive and mediated by cross-functional integration. The findings enrich our knowledge on the antecedents of managerial innovation. In addition, this study advances the understanding on the innovation implications of organisational structure and cross-functional integration by extending them to managerial innovation and illustrating how organisational structure matters.     

高管持股对创新可持续性的影响研究

企业创新活动一旦中断将会产生巨大的调整成本损失。因此,如何保持企业创新可持续性是企业创新研究的重要问题。结合委托代理理论,探索了企业高管持股对创新可持续性的影响,并进一步讨论了高管过度自信与产权性质的调节作用。使用2003-2014年中国A股制造业上市公司面板数据进行实证分析,结果表明：高管持股对企业创新可持续性具有显著正向影响,高管过度自信则弱化了两者间正向关系,而相对于非民营企业,民营企业高管持股对创新可持续性的正向作用更强。同时考虑两种情境效应的综合影响时,在民营企业中高管过度自信的负向调节作用更强。最后,考虑了遗漏变量带来的“选择偏差问题”和内生性问题,采用基于Kernel匹配得分法的反事实检验,为实证结果提供了稳健性证明。     

高管过度自信对企业创新的影响:财务冗余的中介作用与调节作用

从创新活动和创新绩效两个层面研究企业创新战略,将管理层过度自信和财务冗余资源同时纳入企业创新影响因素理论分析框架,实证检验财务冗余如何作用于高管过度自信对企业研发支出及其创新绩效的影响。结果表明,高管过度自信和企业财务冗余均显著提高了企业研发支出;财务冗余在高管过度自信对企业研发支出的影响中起中介作用;财务冗余水平越高,高管过度自信对创新绩效的促进作用越明显。     

Managerial perceptions of employees’ affective commitment and product innovation

In this paper we examine how managers perceive employees’ affective commitment and how this perception determines their trust as a managerial attitude toward organizational learning capability (OLC). Likewise, we study how managerial trust affects product innovation and OLC. In other words, we carry out a double mediation: firstly, we examine whether managerial trust is a mechanism through which managerial perceptions of employees’ affective commitment influences on OLC, and secondly, we study if OLC mediates between managerial trust and product innovation. By using structural equation modeling (partial least squares) on a sample of 192 Spanish firms we conclude that: (1) if managers perceive employees to be affectively committed, they will be willing to enhance OLC and to trust them; (2) managerial trust favors OLC and product innovation and (3) OLC appears to exert a full mediation between managerial trust and product innovation.