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Stakeholder Relationship Capability and Firm Innovation: A Contingent Analysis

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TLDR
Wang et al. as discussed by the authors investigated how SRC relates to firm innovation in the presence of governmental intervention and in combination with firm-level characteristics, and found that SRC is positively associated with firm innovation.
Abstract
Despite the growing importance of stakeholder management, few studies have empirically examined the influence of stakeholder relationship capability (SRC) on firm innovation, especially in emerging economies. This study investigates how SRC relates to firm innovation in the presence of governmental intervention and in combination with firm-level characteristics. Using a survey and multiple secondary datasets on the listed Chinese firms, our findings indicate that SRC is positively associated with firm innovation. Moreover, advanced legal development and high-tech status strengthen the positive link between SRC and innovation, whereas state ownership and firm age weaken this relationship. These findings provide novel insights into how firms use stakeholder management to enhance innovation that is beneficial for economic growth.

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Citations
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Measurement of potential absorption capacity in Colombia's innovative companies [Medición de la capacidad de absorción potencial en las empresas innovadoras de Colombia]

TL;DR: In this article, a revisión de literatura with apoyo del análisis de contenido and a modelo de regresión lineal is used to evaluate el nivel de desarrollo de la capacidad de absorción realizada (RACAP) in las Pyme colombianas.
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Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World

TL;DR: In this article, the authors argue that responsible innovation that contributes to sustainable development consists of three dimensions: (1) innovations avoid harming people and the planet, (2) innovations do good by offering new products, services or technologies that foster sustainable development, and (3) global governance schemes are in place that facilitate innovations that avoid harm and do good.
Journal ArticleDOI

State ownership and green innovation in China: The contingent roles of environmental and organizational factors

TL;DR: Li et al. as discussed by the authors investigated how state ownership affects green innovation within a given institutional environment and in combination with firm characteristics, and found that state ownership positively affects a firm's green innovation.
Journal ArticleDOI

The impact of board gender diversity and foreign institutional investors on firm innovation: evidence from China

TL;DR: Wang et al. as discussed by the authors investigated the impact of board gender diversity and foreign ownership on innovation in Chinese firms and found that gender diversity on the board has a positive effect on corporate innovation as measured by the total number of patent applications.
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Stakeholder power and organizational learning in corporate environmental management

TL;DR: In this article, the authors examine how and why stakeholder power and organizational learning interact, drawing on comparative case studies of the environmental management practices found in two major companies, and find that there is a complex relationship between the ambition of company goals, the structure of learning, and the influence of stakeholders on the process and outcomes of learning.
References
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Journal ArticleDOI

Absorptive capacity: a new perspective on learning and innovation

TL;DR: In this paper, the authors argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities.
Book

Multiple Regression: Testing and Interpreting Interactions

TL;DR: In this article, the effects of predictor scaling on the coefficients of regression equations are investigated. But, they focus mainly on the effect of predictors scaling on coefficients of regressions.
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Institutions, Institutional Change and Economic Performance

TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
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Institutions, Institutional Change, and Economic Performance

TL;DR: In this article, the authors examine the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic institutions explains the differential performance of economies through time.
Book

The competitive advantage of nations

TL;DR: The Need for a New Paradigm as discussed by the authors is the need for a new paradigm for the competitive advantage of companies in global industries, as well as the dynamics of national competitive advantage.
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