Foreign ownership and innovation in independent SMEs. A cross-European analysis

Corsi, Christian; Prencipe, Antonio

doi:10.1080/08276331.2017.1413751

Cited by 11 publications

(7 citation statements)

References 135 publications

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“…Foreign firms are also more active in R&D than their local counterparts, as has been proven in empirical studies discussed earlier [Corsi, Prencipe, 2017;Choi, Williams, 2011;Kong, Zhu, Yang, 2020]. Corsi and Prencipe look at the number of patents registered by the company, in order to assess the effectiveness of R&D conducted; they found that foreign ownership increases R&D intensity of small and medium-sized firms [Corsi, Prencipe, 2017]. Moreover, Choi and Williams, using data from the emerging Chinese economy, showed a strong influence of the presence of foreign ownership on a firm's innovation, proxied by the number of patterns, due to the exchange of knowledge and experiences of different countries [Choi, Williams, 2011].…”

Section: Hypothesesmentioning

confidence: 63%

Section: Hypothesesmentioning

confidence: 90%

“…A U-shaped form of age is explained by the fact that young companies try to apply for more patents to make their name more sound, and mature companies have more experience and resources in applications for patents. In a one-step Generalized method of moments (GMM) model, both age and squared age showed significant results [Corsi, Prencipe, 2017]. In addition to return to assets, return to equity could be used as measure of profitability.…”

Section: Control Variables For Modelling Innovation Activitymentioning

confidence: 99%

“…Moreover, there is a significance of lagged value of patent applications, which means, that company with high number of patent applications in certain year is expected to have high number of patent applications in the following year too. Non-linear effect of age was included in the additional model, but no evidence of non-linear relationship was found [Corsi, Prencipe, 2017]. There is evidence that younger firms tend to innovate in higher degree, than mature companies in China and India [Wang et al, 2018;Khachoo, Sharma, 2015].…”

Section: Ownership Effect On Patent Applicationsmentioning

confidence: 99%

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The impact of the ownership structure on the innovative activity of Russian companies

Cherkasova

Baron²

2021

SUJES

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Capital structure determines a company’s growth prospects by affecting its investment activity. The article examines what type of capital, foreign or state-owned, stimulates a company’s innovative activity as measured by its number of patent applications. The study was carried out using data from 238 public Russian companies in the period 2012–2020. The results of the study show that state and foreign investors influence innovation to different degrees: state capital positively affects the number of patent applications filed, while foreign capital does not. The impact of political connections and board structure on research and development was investigated. The political ties of the CEOs and the board chairs are expressed by the experience of working in the public service. The presence of such experience in the company’s management increases the company’s innovation activity. However, political connections are effective only in companies with state capital, or in specific industries. The company’s state capital and political connections have a positive impact on the number of patent applications filed in the energy and industrial sectors. The presence of political ties has a positive impact on the role of foreign capital in innovation. The share of foreign directors has a positive effect on patents. Also, the presence of patents from previous years, as well as the age and size of the company, affects the receipt of patents in the future. The younger and larger the company, the more patent applications there will be.

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Section: Hypothesesmentioning

confidence: 63%

Section: Hypothesesmentioning

confidence: 90%

Section: Control Variables For Modelling Innovation Activitymentioning

confidence: 99%

Section: Ownership Effect On Patent Applicationsmentioning

confidence: 99%

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The impact of the ownership structure on the innovative activity of Russian companies

Cherkasova

Baron²

2021

SUJES

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“…An explain why foreign investors may potentially be an effective opportunity in alleviating the constraints for innovation that usually affects SMEs, especially independent ones, thus improving their innovation performance. These constraints typically regard the financing, the managerial commitment and the other business resources/competencies for innovation [17].…”

Section: B Production Management Aspectsmentioning

confidence: 99%

Joint Selling and Packaging as Innovation for Food and Beverage SMEs

Sumbodo¹,

Anggraeni²,

Kusdarjito³

2019

Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)

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Raw material prices, efficiency, quality assurance, innovation, product development, promotion, packaging, branding, market and bargaining positions are the main problems that are often faced by SMEs. In this article, we describe at least three interactional activities in the form of training and mentoring and improvement of the main facilities needed by SMEs to create a new appearance of products offered to consumers. In an effort to win the competition, SMEs must have a marketing strategy. To overcome the problems of SMEs in this study, innovation and assistance were carried out with a number of activities in the form of: entrepreneurship and accounting training, food training, comparative studies, rejuvenation and capacity building of production equipment, brochure printing and stickers, training in collaborative business proposal preparation. This research study uses descriptive qualitative methods. Data collection was conducted by interviewing 24 SMEs which were divided into two groups, namely the soybean juice beverage business group and the traditional herbal beverage business group each as a sales representative. The results of the study showed a significant increase in total production volume and turnover, which rose 50.43% for the UKM-I group and 74.90% for the UKM-II group.

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Innovation and Firm Co-ownership Network in China’s Electric Vehicle Industry

Jin,

Zhu

2023

Chin. Geogr. Sci.

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Foreign ownership and innovation in independent SMEs. A cross-European analysis

Cited by 11 publications

References 135 publications

The impact of the ownership structure on the innovative activity of Russian companies

The impact of the ownership structure on the innovative activity of Russian companies

Joint Selling and Packaging as Innovation for Food and Beverage SMEs

Innovation and Firm Co-ownership Network in China’s Electric Vehicle Industry

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