Pacific-Basin Finance Journal Volume 43, June 2017, Pages 173–187

国家文化与公司研发

作者：Yangyang Chen (The Hong Kong Polytechnic University, Hong Kong), Edward J. Podolski (Deakin University, Australia), Madhu Veeraraghavan (T.A. PAI Management Institute, India)

摘要：本文检查了自由主义和集体主义，不确定性和规避性的文化规范是如何影响公司研发的。用一个横跨41个国家的综合样本，我们发现在自由化程度比较高的国家的公司拥有更多和更高影响力的专利，并且能够更有效地将研发支出转化为研发成果。相反，我们发现在不确定性更高的国家的公司产生较少和比较不重要的专利，并且不能有效地使用研发支出。综合考虑，我们的发现显示国家文化在影响公司研发方面发挥着重要的作用。

National culture and corporate innovation

Yangyang Chen (The Hong Kong Polytechnic University, Hong Kong), Edward J. Podolski (Deakin University, Australia), Madhu Veeraraghavan (T.A. PAI Management Institute, India)

ABSTRACT

In this paper, we examine how cultural norms along the dimensions of individualism-collectivism and uncertainty-avoidance affect corporate innovation. Using a comprehensive sample across 41 countries, we find that firms located in countries with higher levels of individualism generate more and higher impact patents, and are more efficient in converting R&D into innovative output. In contrast, we find that firms located in countries with higher levels of uncertainty-avoidance produce fewer and less significant patents, and are less efficient with their R&D expenditure. Taken together, our findings show that national culture plays an important role in influencing corporate innovation around the world.

原文链接：http://www.sciencedirect.com/science/article/pii/S0927538X16301500

翻译：阙江静