The impact of capacity utilisation on product innovation in emerging economies: The moderating effects of firm ownerships
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F24%3A50021655" target="_blank" >RIV/62690094:18450/24:50021655 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S0040162524004621?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0040162524004621?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.techfore.2024.123664" target="_blank" >10.1016/j.techfore.2024.123664</a>
Alternative languages
Result language
angličtina
Original language name
The impact of capacity utilisation on product innovation in emerging economies: The moderating effects of firm ownerships
Original language description
While it is acknowledged that higher capacity utilisation results in efficient resource allocation, which could improve firms' productivity and innovation in emerging markets, research on which firms maximise their capacity to improve their innovation is unexplored. We draw insights from the resource-based view theory to develop and test a theoretical model to examine how various ownership structures (i.e., domestic, foreign, and state) moderate the relationship between capacity utilisation and product innovation. The empirical model is based on a sample of 80,587 firms from numerous emerging markets. Results reveal that capacity utilisation negatively influences product innovation, considering the specific context of emerging economies. Furthermore, we find that (i) domestic ownership positively moderates the relationship between capacity utilisation and product innovation, such that any increase in domestic ownership weakens the negative effect of capacity utilisation; (ii) foreign ownership negatively moderates the relationship between capacity utilisation and product innovation, such that any increase in the extent of foreign ownership strengthens the negative effect of capacity utilisation; (iii) state ownership negatively moderates the relationship between capacity utilisation and product innovation, such that any increase in state ownership strengthens the negative effect of capacity utilisation. Some implications for theory, practice, and policy are further discussed. © 2024 The Authors
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Technological Forecasting and Social Change
ISSN
0040-1625
e-ISSN
1873-5509
Volume of the periodical
208
Issue of the periodical within the volume
November
Country of publishing house
US - UNITED STATES
Number of pages
14
Pages from-to
"Article Number: 123664"
UT code for WoS article
001300181700001
EID of the result in the Scopus database
2-s2.0-85201406385