企業生命週期與創新的關聯性之研究－中國上市公司之實證

The Relationship between Organizational Life Cycles and Innovation-Evidence of Chinese Listed Corporations

甘曼蕊(Corry Kam)

指導教授 ： 俞海琴

中原大學/商學院/國際經營與貿易研究所/碩士(2013年)

https://doi.org/10.6840/cycu201300321

摘要

本文探討企業生命週期和創新在不同階段對企業價值的影響。過去的研究探討此關係都著重在已開發國家，很少關注於新興市場國家。本文使用的樣本來自2001年至2011年中國上海A 股和深圳股市上市公司。我們使用上市公司持有的專利數，調整後的專利和在不同產業比重的專利來衡量公司創新能力。並把企業週期分為四個不同的階段，發現企業生命週期理論只存在於中國的中小型企業，當專利數限制於1到100個之間。另外由於中國上市公司大約50%屬於國有企業，因此企業生命週期理論並不適用於非中小型企業與全樣本。

關鍵字

專利 ； 企業生命週期 ； 創新

並列摘要

This paper investigates firm innovation and its influences on firm performance at different stages of organizational life cycle. Previous studies have discussed this relationship, although research on the emerging markets for the transition economy remains scarce. This study supplements the insufficiency by using the China Shanghai and Shenzhen listed corporations from 2001 to 2011. Our proxies are diversified with more details. We classify the corporation based on the CSRC classification. We measure firm innovation by the number of patents a firm owns and patent renewal data, adjusted patent and patents weight, which provide more information than the R&D expenditure ratio. We divide the entire period into four different life cycle stages and determine that the organizational life cycle theory in Chinese listed corporations only exist in SME corporations that hold patents from 1 to 100. The correlation between organizational life cycle and innovation in non-SME corporations and full sample could not be found because almost half of the firms were publicly owned.

並列關鍵字

Patent. ； Organizational life cycle ； Innovation

參考文獻

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