Determinants of firm Performance In Knowledge-Intensive Industries: A Comparative Study of Two Emerging Economies, China and Taiwan
Journal Title: Advances in Social Sciences Research Journal - Year 2017, Vol 4, Issue 5
Abstract
In light of predictions and statistics on the increasing importance of knowledge-intensive industries in China and Taiwan, this research utilizes these two emerging economies’ business context to examine whether a firm’s performance in knowledge-intensive industries derives from industry effects or firm effects. In this study, the approach is to use multiple measures of performance, including an intellectual capital measure of performance (value added intellectual coefficient), an economic-based measure (economic value added), and an accounting based measure (return on assets). Findings suggest that firm effects greatly impact knowledge-intensive industries, in particular for value-added intellectual coefficient (VAIC). In this sense, it is proposed that organizational strategies which leverage human capital are critical to the continuous development of firms in Chinese and Taiwanese knowledge-intensive industries. Concurrently, industry effects also influence economic performance, suggesting overall that industry membership is an important indicator of a knowledge-intensive firm's capability in value added by capital invested. This paper contributes to a scarcity of variance decomposition studies examining the sources of variation in fir
Authors and Affiliations
Lulin Zhou, Prasad Siba Borah, Yinghua Chen, Numair Nisar
Keywords
Related Articles
- EP ID EP327866
- DOI 10.14738/assrj.45.2850.
- Views 83
- Downloads 0
Analysis Of Child Labour Practices In Urban And Rural Communities In Cross River State, Nigeria
The study was aimed at identifying child labour practices existing in urban and rural areas in Cross River state. The study utilized survey design while cluster random sampling and purposive sampling t...
Age Periods Of Human Life
In 2015, the World Health Organization under the United Nations officially revised the age standards. A person is now considered young before 44 years of age. According to the new age classification, the young age is fro...
Perceived Health Implications Of Harmful Traditional Practices On The Health Of Women Among Women Of Uruan Local Government Area Of Akwa Ibom State, Nigeria
The purpose of the study was to determine the perceived health implications of harmful traditional practices on health of women among women of Uruan Local Government Area of Akwa Ibom State, Nigeria. The study adopted de...
Domestic Violence- Theoretical And Practical Approaches
N/A
Role of Empathetic Engineering in Building More Resilient Green Economy. Case Study on Creating Resilient Self Sufficient Food Security Programs in Middle East
This paper targets to investigate the influence of empathetic engineering on creating more resilience economy driven government organisation structure that delivers the socio-economic needs of the stakeholders effectivel...