“…This is tightly dependent on critical elements and factors such as organization human resources, organizational structure, core competency, main innovative idea, international competitors, firm location, investment, organization knowledge, technology infrastructure, etc. In this regard, many studies illustrated that corporate location (as mentioned above) has a significant effect on firm performance and innovation capacity (Brcic et al, 2010;Chen and Hsiao, 2013;V asquez-Urriago et al, 2016;Ferreira et al, 2017;Chen et al, 2019;Dohse and Schnier, 2019). However, some researchers claim that a stronger pro-business environment can lead to a higher level of innovation (Chen et al, 2019), and even their effects are different in various critical factors (Lai and Shyu, 2005).…”