https://scholars.lib.ntu.edu.tw/handle/123456789/414387
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Chang, Ching Hsing | en_US |
dc.contributor.author | CHING-HUNG CHANG | en_US |
dc.contributor.author | Hsu, Pi Kun | en_US |
dc.contributor.author | Yang, Sheng Yung | en_US |
dc.creator | Yang, Sheng Yung;Hsu, Pi Kun;CHING-HUNG CHANG;Chang, Ching Hsing | - |
dc.date.accessioned | 2019-07-22T05:10:22Z | - |
dc.date.available | 2019-07-22T05:10:22Z | - |
dc.date.issued | 2019 | - |
dc.identifier.issn | 13547798 | - |
dc.identifier.uri | https://scholars.lib.ntu.edu.tw/handle/123456789/414387 | - |
dc.description.abstract | © 2018 John Wiley & Sons, Ltd. This paper examines how internationalization spurs corporate innovation. Internationalization heightens the competitive environment of firms, while increasing financial flexibility. The increased competition reduces agency problems and motivates innovation projects which are supported by improved financial flexibility. We obtain robust evidence with the difference-in-differences and instrumental variable approaches. The passage of antitakeover laws and the 1989 Loma Prieta earthquake are treated as exogenous variations to corporate governance; shocks on firm capital supply measured by mutual fund redemptions are also considered. A less positive finding is that internationalization motivates firms to focus on the appropriability of innovation rather than on basic research. | en_US |
dc.relation.ispartof | European Financial Management | en_US |
dc.subject | Competition | Financial flexibility | Innovation | Internationalization | Technological appropriability | en_US |
dc.title | The catalytic effect of internationalization on innovation | en_US |
dc.type | journal article | en |
dc.identifier.doi | https://api.elsevier.com/content/abstract/scopus_id/85051135423 | - |
dc.identifier.doi | 10.1111/eufm.12190 | - |
dc.identifier.scopus | 2-s2.0-85051135423 | - |
dc.identifier.url | https://api.elsevier.com/content/abstract/scopus_id/85051135423 | - |
dc.relation.pages | 942-977 | en_US |
dc.relation.journalvolume | 25 | - |
dc.relation.journalissue | 4 | - |
item.openairecristype | http://purl.org/coar/resource_type/c_6501 | - |
item.openairetype | journal article | - |
item.grantfulltext | none | - |
item.cerifentitytype | Publications | - |
item.fulltext | no fulltext | - |
crisitem.author.dept | Finance | - |
crisitem.author.parentorg | College of Management | - |
Appears in Collections: | 財務金融學系 |
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