文献类型：期刊文献

英文题名：Intangible resources and firms' innovation performance: empirical evidence from Chinese firms

作者：Fang, Xiuyuan[1];Jiang, Marshall S.[2];Li, Yugang[1]

机构：[1]East China Univ Sci & Technol, Sch Business, Shanghai, Peoples R China;[2]Brock Univ, Goodman Sch Business, St Catharines, ON, Canada

年份：2023

卷号：26

期号：2

起止页码：347

外文期刊名：EUROPEAN JOURNAL OF INNOVATION MANAGEMENT

收录：;WOS:【SSCI(收录号:WOS:000700868000001)】；

基金：This study is supported by MOE (Ministry of Education in China) Project of Humanities and Social Sciences (Project No. 20YJA630039).

语种：英文

外文关键词：Intangible resources; Institutional development; State ownership; Innovation performance

摘要：Purpose Intangible resources (IRs) play an important role in enterprise innovation; previous studies find inconsistent results (positive and negative). The authors develop and test a framework to analyze IRs to see whether and how to impact firm innovation performance to reconcile the conflicting results. Design/methodology/approach This study empirically examined the curvilinear effect of IRs and innovation performance (IP) based on data from the Annual Census of Chinese Industrial Enterprises. The moderating effect of institutional development (ID) and state ownership (SO) in the relationship between firms' IRs and IP was also examined. Findings It was found that there is a U-shaped relationship between IRs and IP. Moreover, the institutional development weakens the U-shaped relationship. Originality/value The U-shaped relationship explains the inconsistent results in previous studies. It offers some important implications for managers and policymakers, who must understand the role of IRs.