OVERSEAS R&D AND TAIWAN-BASED FIRM’S PRODUCTIVITY - DOES INTERNAL TECHNOLOGICAL CAPABILITY MATTER?
Journal Title: Asian Economic and Financial Review - Year 2016, Vol 6, Issue 9
Abstract
The purpose of this study is to examine the influence of overseas R&D on firm productivity. In particular, we further consider the moderating effect of internal technological capability. To provide more empirical evidence, this analysis takes advantage of a longitudinal dataset covering the 2009-2013 period and the system-GMM approach is employed in the empirical analysis to control for the problem of endogeneity. The empirical results show that overseas R&D has a significant influence on their firm productivity. Moreover, internal technological capability is found to play a significant moderating role in strengthening the influence of overseas R&D on firm productivity.
Authors and Affiliations
To-Han Chang| Department of Culture and Creative Enterprise Management, Nanhua University, 55, Section 1, Nanhua Road, Darlin, Chiayi 622, Taiwan, Wen-Bin Chuang*| Department of International Business Studies, National Chi-Nan University, 1, University Rd., Puli, Nantou 545, Taiwan
Keywords
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