The effects of institutional support on firms´ innovative and risk-taking propensities

Author

Zhu, Chun-Ling

Author_Institution

Sch. of Bus., Renmin Univ. of China, Beijing, China

fYear

2010

fDate

2-4 Nov. 2010

Firstpage

482

Lastpage

486

Abstract

Based on the institutional theory and entrepreneurship theory, this study empirically tests hypotheses related to the impacts of institutional support on firms´ innovativeness and risk taking propensities in the context of Chinese transition economy. Results from a survey of 207 firms in China indicate that institutional support positively influences firms´ propensity of being innovative and taking risk. Further, empirical results suggest that the intensity of R&D fund investment has significant positive impact on firms´ innovativeness and risk taking. Contributions, practical implications, limitations and future extensions are considered.

Keywords

economics; innovation management; investment; research and development; risk management; Chinese transition economy; R&D fund investment; entrepreneurship theory; firm innovative propensities; firm risk-taking propensities; institutional support; Biological system modeling; Economics; Government; Innovation management; Investments; Technological innovation; entrepreneurship; innovativeness; institutional support; risk taking;

fLanguage

English

Publisher

ieee

Conference_Titel

Education and Management Technology (ICEMT), 2010 International Conference on

Conference_Location

Cairo

Print_ISBN

978-1-4244-8616-8

Electronic_ISBN

978-1-4244-8618-2

Type

conf

DOI

10.1109/ICEMT.2010.5657610

Filename

5657610