An audit of technological innovation capabilities in Chinese firms : Some empirical findings in Beijing, China

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)62_Review of books or of software (or similar publications/items)peer-review

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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)1123-1140
Journal / PublicationResearch Policy
Volume33
Issue number8
Publication statusPublished - Oct 2004

Abstract

Recent studies have advocated different technological innovation capabilities (TICs) and discussed their impact on a firm's competitive performance. This paper introduces a study framework of innovation audit and examines the relevance of seven TICs to building and sustaining the competitiveness of Chinese firms. Empirical data was acquired through a recent study of 213 Chinese firms in Beijing, China. Regression analysis was employed to examine the correlation between TICs and innovation rate, sales growth, and product competitiveness among these firms. The findings verify that R&D and resources allocation capabilities are the two most important TICs. A strong R&D capability could safeguard innovation rate and product competitiveness in large and medium-sized firms, whereas a resources allocation capability would enhance the sales growth in small firms. However, the impact of learning and organising capabilities on a firm's innovation performance has yet to be investigated. The findings of this paper suggest that Chinese firms should consider a more balanced focus on their TICs' harmonising enhancement. In order to maintain their sustainable development, effectively plan and implement their innovation strategies as well as enhance their whole innovation capability, Chinese firms should closely relate their TICs to the formulation of technology strategy and harmonisation of innovation and R&D activities. © 2004 Elsevier B.V. All rights reserved.

Research Area(s)

  • Chinese firms, Innovation audit, Technological innovation capability

Citation Format(s)

An audit of technological innovation capabilities in Chinese firms : Some empirical findings in Beijing, China. / Yam, Richard C.M.; Guan, Jian Cheng; Pun, Kit Fai; Tang, Esther P.Y.

In: Research Policy, Vol. 33, No. 8, 10.2004, p. 1123-1140.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)62_Review of books or of software (or similar publications/items)peer-review