The impact of capacity utilisation on product innovation in emerging economies: The moderating effects of firm ownerships

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

The impact of capacity utilisation on product innovation in emerging economies: The moderating effects of firm ownerships

Popis výsledku v původním jazyce

While it is acknowledged that higher capacity utilisation results in efficient resource allocation, which could improve firms&apos; 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

Název v anglickém jazyce

The impact of capacity utilisation on product innovation in emerging economies: The moderating effects of firm ownerships

Popis výsledku anglicky

While it is acknowledged that higher capacity utilisation results in efficient resource allocation, which could improve firms&apos; 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

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Technological Forecasting and Social Change

ISSN

0040-1625

e-ISSN

1873-5509

Svazek periodika

208

Číslo periodika v rámci svazku

November

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

14

Strana od-do

"Article Number: 123664"

Kód UT WoS článku

001300181700001

EID výsledku v databázi Scopus

2-s2.0-85201406385