The paper discusses the impact of state ownership, which is a kind of institutional arrange, on company’s innovation strategy and performance in transitional economy. Using the data of 541 listed companies in 5 industries in China, we find that, i) state ownership is positive related with process innovation and selfinnovation; ii) the rate of state ownership is negative related with the performance of product innovation, however, it is not related with the performance of process innovation.
徐二明, 张晗. 中国上市公司国有股权对创新战略选择 和绩效的影响研究[J]. J4, 2011, 8(2): 206-.
XU Er-Ming, ZHANG Han. The Impact of State Ownership Structure on Innovation Strategy and Performance in Chinese Listed Companies. J4, 2011, 8(2): 206-.