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Management International Review
Erschienen in: Management International Review 1/2013

01.02.2013 | Research Article

Diverse Institutional Environments and Product Innovation of Emerging Market Firms

verfasst von: Dr. Jie Wu

Erschienen in: Management International Review | Ausgabe 1/2013

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Abstract

  • This study unbundled institutional environment into two distinct aspects: institutional distance (the degree of dissimilarity between the institutional environment of a firm’s home country and an economy into which it expands) and institutional diversity (the variety of all the institutional environments to which a firm is exposed), and related them to product innovation performance of emerging market firms.
  • Data on 917 Chinese manufacturing firms in multiple industries over 3 years was analyzed.
  • The results show a positive relationship between institutional distance and product innovation success. An inverted U-shaped relationship was found between the institutional diversity of a firm’s foreign markets and its product innovation success.
Vorheriger Artikel Reconstructing the Indigenous in African Management Research
Nächster Artikel Understanding Organizational Practice Adoption at the Thai Subsidiary Corporation

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Fußnoten
1
An alternative measure—an equal-weighted average score—was developed by assigning equal weight to each variable. The results using the equal-weighted average score were consistent with those reported.
 
2
Standard maximum likelihood estimation may be biased by the clustering of observations from the same industry. Robust variance estimates were employed to calculate the standard errors based on the primary sampling unit (industries in these data) rather than individual observations. Robust MLE does not change the point estimates, but ensures unbiased standard errors.
 
3
The inverse Mill’s ratio is a monotonically decreasing function of the probability that a firm engages in international expansion.
 
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Metadaten
Titel
Diverse Institutional Environments and Product Innovation of Emerging Market Firms
verfasst von
Dr. Jie Wu
Publikationsdatum
01.02.2013
Verlag
Springer-Verlag
Erschienen in
Management International Review / Ausgabe 1/2013
Print ISSN: 0938-8249
Elektronische ISSN: 1861-8901
DOI
https://doi.org/10.1007/s11575-012-0162-z

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