Market-based reforms, synchronization and product innovation
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
Original language | English |
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Pages (from-to) | 30-39 |
Journal / Publication | Industrial Marketing Management |
Volume | 50 |
Online published | 19 May 2015 |
Publication status | Published - Oct 2015 |
Link(s)
Abstract
This paper focuses on the multiple dimensions of market-based reforms and their impacts on firms' product innovation performance in China, the largest emerging country in the world. By analyzing a data set with more than one-half-million observations on firms during China's economic transition during the period 2005-2007, we find that the progress of market-based reforms and the degree to which different dimensions of market-based reforms are conducted simultaneously, referred to as synchronization, have a positive effect on firms' product innovation. We also find that firms with higher absorptive capacity benefit more from market-based reforms and the synchronization of different dimensions of market-based reforms.
Research Area(s)
- Absorptive capacity, Market-based reforms, Synchronization
Citation Format(s)
Market-based reforms, synchronization and product innovation. / Yang, Xiaoming; Sun, Sunny Li; Yang, Haibin.
In: Industrial Marketing Management, Vol. 50, 10.2015, p. 30-39.
In: Industrial Marketing Management, Vol. 50, 10.2015, p. 30-39.
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review