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    Title: Picturing firms` institutional capital-based radical innovation under China`s institutional voids
    Authors: Gao, Y.;Gao, S.;Zhou, Y.;Huang,Kuo-Feng
    黃國峯
    Contributors: 企管系
    Keywords: Formal institutional capital;Informal institutional capital;Radical innovation;Market complexity;Institutional development level;Ownership
    Date: 2015-06
    Issue Date: 2015-04-09 16:59:42 (UTC+8)
    Abstract: This study provides an institutional framework to interpret firms` resource management in China. We identify the formal and informal institutional capital that firms acquire via their relational network and solicit from the government, and their distinctive effects on firms` radical innovation. We address how firms` utilization of the formal and informal institutional capital would be influenced by their multi-level contexts (local context, market context, and organizational context). Using a survey data from 280 Chinese high-technology firms, we find that firms` informal institutional capital has a higher positive effect on firms` radical innovation than the formal institutional capital does. The effects of firms` formal institutional capital on radical innovation would be higher in the complex market, and for the state owned enterprises, whereas the effect of firms` informal institutional capital on radical innovation would be higher in the developed provinces but lower in the complex market.
    Relation: Journal of Business Research,68(6),1166–1175
    Data Type: article
    DOI link: http://dx.doi.org/10.1016/j.jbusres.2014.11.011
    DOI: 10.1016/j.jbusres.2014.11.011
    Appears in Collections:[Department of Business Administation] Periodical Articles

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