Online citations, reference lists, and bibliographies.

The More Funding The Better? The Moderating Role Of Knowledge Stock On The Effects Of Different Government-funded Research Projects On Firm Innovation In Chinese Cultural And Creative Industries

J. Zhou, Jizhen Li, Hao Jiao, Hang Qiu, Zixu Liu
Published 2020 · Economics

Cite This
Download PDF
Analyze on Scholarcy
Share
Abstract Based on prior research, this study attempts to examine how effectively government-funded research projects (GFPs) can facilitate firm innovation in the cultural and creative industry (CCI), as well as the internal organizational contingency associated with the effects of GFPs. Specifically, this paper differentiates two types of GFP -- central-government-funded projects (CGFPs) and local-government-funded research projects (LGFPs) -- and explore how effectively the two types of GFP affect two types of firm innovation, i.e., radical innovation and incremental innovation. Based on an empirical study of the panel data of Chinese innovative firms related to the CCI, this paper finds that CGFPs have an inverted U-shaped effect on both firms’ radical innovation and incremental innovation in the CCI, while LGFPs have an inverted U-shaped effect on firms’ incremental innovation, but they have no significant effects on firms’ radical innovation. The effects of both CGFPs and LGFPs are moderated by firms’ knowledge stock.
This paper references
10.1016/S0048-7333(00)00091-3
The economic benefits of publicly funded basic research: a critical review
Ammon Salter (2001)
10.1080/02513625.2014.926722
System Failures, Knowledge Bases and Regional Innovation Policies
Roman Martin (2013)
10.1017/S1537592709990892
All Politics Is Local: The Reemergence of the Study of City Politics
Jessica L. Trounstine (2009)
10.1007/S13132-011-0067-2
Regional Innovation Policy Beyond ‘Best Practice’: Lessons from Sweden
Roman Martin (2010)
10.2139/ssrn.2597673
Firm Performance and State Innovation Funding: Evidence from China's Innofund Program
Y. Wang (2016)
10.1257/000282806776157704
Politically Connected Firms
M. Faccio (2003)
10.5465/AMR.2002.6587995
Absorptive Capacity: A Review, Reconceptualization, and Extension
S. Zahra (2002)
10.5465/AMJ.2011.0652
Organizational Sponsorship and Founding Environments: A Contingency View on the Survival of Business-Incubated Firms, 1994–2007
A. Amezcua (2013)
10.1016/J.TECHNOVATION.2008.05.001
The effect of government-sponsored R&D programmes on additionality in recipient firms in Taiwan
Fang-Ming Hsu (2009)
10.1016/S0024-6301(96)90295-2
The theory of the growth of the firm
E. Penrose (1959)
10.1080/096132100369091
The evolution of the Chinese construction industry
J. Luo (2000)
10.2139/ssrn.1554123
A Story of Breakthrough vs. Incremental Innovation: Corporate Entrepreneurship in the Global Pharmaceutical Industry
Denise R. Dunlap (2010)
10.1016/J.RESPOL.2015.01.013
Layers of co-existing innovation systems
Johannes Meuer (2015)
10.5465/AMR.2006.21318928
Constructive Partnerships: When Alliances between Private Firms and Public Actors can Enable Creative Strategies
S. Rangan (2006)
10.1016/J.RESPOL.2007.04.008
What exactly are technological regimes?: Intra-industry heterogeneity in the organization of innovation activities
A. Leiponen (2007)
10.1057/jors.1994.16
Multiple Regression: Testing and Interpreting Interactions
Larry E. Toothaker (1994)
10.1016/J.CCS.2011.08.002
The cultural contradictions of the creative city
Andy C. Pratt (2011)
The theory of economic development : an inquiry into profits, capital, credit, interest, and the business cycle
J. Schumpeter (2010)
10.1016/J.TECHFORE.2016.03.025
The more interactions the better? The moderating effect of the interaction between local producers and users of knowledge on the relationship between R&D investment and regional innovation systems
Hao Jiao (2016)
10.1007/S10824-008-9066-Y
Social network markets: a new definition of the creative industries
J. Potts (2008)
10.1177/1367877906066874
A new modernity?
J. O'Connor (2006)
10.1002/SMJ.605
The role of managers' political networking and functional experience in new venture performance: Evidence from China's transition economy
Haiyang Li (2007)
10.1080/01442872.2011.571852
A policy agenda for EU smart growth: the role of creative and cultural industries
Phil Cooke (2011)
10.2139/ssrn.1433275
The Effect of Subsidies on R&D Investment and Success – Do Subsidy History and Size Matter?
B. Aschhoff (2009)
10.1111/J.1540-5885.2005.00144.X
The Contingent Value of Responsive and Proactive Market Orientations for New Product Program Performance
K. Atuahene-Gima (2005)
10.1509/jmkr.37.1.32.18716
Which Ad Works, When, Where, and how Often? Modeling the Effects of Direct Television Advertising
G. Tellis (2000)
10.2139/ssrn.1210302
R&D Investment and Financing Constraints of Small and Medium-Sized Firms
Hanna Hottenrott (2008)
10.1016/S0742-3322(00)17018-4
Firm Resources and Sustained Competitive Advantage
J. Barney (1991)
10.5465/AMJ.2008.34789675
FORMER GOVERNMENT OFFICIALS AS OUTSIDE DIRECTORS: THE ROLE OF HUMAN AND SOCIAL CAPITAL
Richard H. Lester (2008)
10.1016/J.RESPOL.2008.01.005
The organisational-cooperation mode of innovation and its prominence amongst European service firms
B. Tether (2008)
10.1016/J.TECHNOVATION.2014.08.002
The effects of public support schemes on small and medium enterprises
Sonja Radas (2015)
10.1002/SMJ.2399
Thinking about U: Theorizing and testing U‐ and inverted U‐shaped relationships in strategy research
R. F. Haans (2016)
10.1016/J.RESPOL.2015.07.008
China's R&D explosion - analyzing productivity effects across ownership types and over time
Philipp Boeing (2016)
10.2307/41166175
The Logic of Open Innovation: Managing Intellectual Property
H. Chesbrough (2003)
10.1111/J.1540-5885.2005.00139.X
Determinants of the Level of Knowledge Application: A Knowledge‐Based and Information‐Processing Perspective*
X. Song (2005)
10.1080/10286630701201657
A CRITIQUE OF DEFINITIONS OF THE CULTURAL AND CREATIVE INDUSTRIES IN PUBLIC POLICY
S. Galloway (2007)
10.1002/SMJ.1959
How knowledge affects radical innovation: Knowledge base, market knowledge acquisition, and internal knowledge sharing
K. Zhou (2012)
10.1016/J.RESPOL.2016.03.002
Government-subsidized R&D and Firm Innovation: Evidence from China
Di Guo (2016)
10.1080/10286630902856721
The disappearing arts: creativity and innovation after the creative industries
K. Oakley (2009)
10.1016/J.RESPOL.2013.10.004
The paradox of openness: Appropriability, external search and collaboration
K. Laursen (2014)
10.1068/c0648
Face-to-Face, Buzz, and Knowledge Bases: Sociospatial Implications for Learning, Innovation, and Innovation Policy
Bjørn Asheim (2007)
10.5465/AMR.2003.9416161
The Performance of Incumbent firms in the Face of Radical Technological Innovation
C. Hill (2003)
10.1007/S11747-014-0371-Z
The evolving role of managerial ties and firm capabilities in an emerging economy: evidence from China
K. Zhou (2014)
10.1080/10286632.2014.891021
Fostering connectivity: a social network analysis of entrepreneurs in creative industries
Minha Lee (2015)
10.1080/10632920309596571
How Creative Are the Creative Industries? A Case of the Music Industry
Peter Tschmuck (2003)
10.1016/J.TECHNOVATION.2012.11.006
How do firm characteristics affect behavioural additionalities of public R&D subsidies? Evidence for the Austrian transport sector
Iris Wanzenböck (2013)
10.1080/08985626.2017.1325939
Putting policy into practice: an exploratory study of SME innovation support in a peripheral UK region
Brendan Galbraith (2017)
10.1111/J.1540-5885.2012.00956.X
Incremental and Radical Innovation in Coopetition—The Role of Absorptive Capacity and Appropriability
P. Ritala (2013)
Power of Incentives in Private versus Public Organizations
A. Dixit (1997)
10.1093/ICC/DTU004
Indigenous innovation vs. teng-long huan-niao: policy conflicts in the development of China’s flat panel industry
Tain-Jy Chen (2014)
10.1016/J.RESPOL.2016.01.010
Radical or incremental: Where does R&D policy hit?*
M. Beck (2016)
10.1080/13662716.2015.1122512
Reinterpreting Tradition to Innovate: The Case of Italian Haute Cuisine
Antonio Messeni Petruzzelli (2015)
10.1002/SMJ.2301
Buffering and Enabling: The Impact of Interlocking Political Ties on Firm Survival and Sales Growth
W. Zheng (2015)
10.1016/J.RESPOL.2016.01.002
The effectiveness of R&D subsidies: A meta-regression analysis of the evaluation literature
Christos S Dimos (2016)
10.1016/J.RESPOL.2014.05.001
Government support for SME innovations in the regional industries: The case of government financial support program in South Korea
Soogwan Doh (2014)
The Grabbing Hand: Government Pathologies and Their Cures
A. Shleifer (1999)
10.2139/ssrn.149988
Federalism and the Soft Budget Constraint
Y. Qian (1998)
10.2139/ssrn.1328878
The Role of Creative Industries in Industrial Innovation
K. Müller (2008)
10.2307/1059787
Innovation and Size at the Firm Level
D. Audretsch (1991)
10.1086/230725
Local governments as industrial firms: An organizational analysis of China's transitional economy
A. Walder (1995)
10.2307/2393553
Absorptive Capacity: A New Perspective on Learning and Innovation
W. Cohen (1990)
10.2307/1061161
The State and the Arts: An Analysis of Key Economic Policy Issues in Europe and the United States
D. Netzer (1999)
10.1007/S11187-004-6493-9
Entrepreneurship, Innovation and Industrial Development: Geography and the Creative Field Revisited
A. Scott (2006)
10.1177/0149206314548226
Examining the Complementary Effect of Political Networking Capability With Absorptive Capacity on the Innovative Performance of Emerging-Market Firms
Masaaki Kotabe (2017)
10.1257/JEP.11.4.83
Federalism as a Commitment to Reserving Market Incentives
Y. Qian (1997)
10.1016/J.TECHFORE.2017.02.022
Hitting the nail on the head: Exploring the relationship between public subsidies and open innovation efficiency
M. Greco (2017)
10.1016/J.TECHNOVATION.2018.04.001
Governance and effects of public R&D subsidies: Evidence from China
Di Guo (2018)
10.1257/jep.8.2.165
Politics of Market Socialism
A. Shleifer (1994)
Strategic Management of Technological Innovation
Melissa A. Schilling (2004)
10.4337/9781847209948
Creative Cities, Cultural Clusters and Local Economic Development
P. Cooke (2007)
10.5465/AMBPP.2014.16080ABSTRACT
Too Much of a Good Thing? The Dual Effect of Public Sponsorship on Firm Performance
Julien Jourdan (2014)
10.1016/J.TECHFORE.2016.10.068
Disruptive innovation, managerial cognition, and technology competition outcomes
R. Vecchiato (2017)
10.5465/AMJ.2014.1007
Too Much of a Good Thing? The Dual Effect of Public Sponsorship on Organizational Performance
J. Jourdan (2016)
10.1016/J.TECHNOVATION.2017.12.004
The digital transformation of business models in the creative industries: A holistic framework and emerging trends
F. Li (2018)
10.2307/2065200
The External Control of Organizations: A Resource Dependence Perspective.
R. Stern (1978)
Creative clusters and innovation: putting creativity on the map
C. Chapain (2010)
10.1016/J.JWB.2010.05.005
Managerial ties, knowledge acquisition, realized absorptive capacity and new product market performance of emerging multinational companies: A case of China
M. Kotabe (2011)
10.1108/JKM-09-2016-0381
Teams and lead creators in cultural and creative industries: evidence from the Italian haute cuisine
T. Savino (2017)
10.1016/J.TECHNOVATION.2017.10.004
The effect of public support on senior manager attitudes to innovation
G. Chapman (2018)
10.1080/14649373.2014.977555
From cultural industries to creative industries and back? Towards clarifying theory and rethinking policy
L. Kong (2014)
10.1016/J.CHIECO.2017.04.005
Picking ‘winners' in China: Do subsidies matter for indigenous innovation and firm productivity?
A. Howell (2017)
10.1057/9780230523210_4
Uncertainty and the Evaluation of Public Investment Decisions
K. Arrow (1974)
10.1016/J.RESPOL.2016.04.009
Additionality or crowding-out? An overall evaluation of public R&D subsidy on private R&D expenditure
Marianna Marino (2015)
10.2307/2392832
Technological Discontinuities and Organizational Environments.
M. Tushman (1986)
10.1002/SMJ.2697
On the duality of political and economic stakeholder influence on firm innovation performance: Theory and evidence from Chinese firms
J. Li (2018)
10.1016/0048-7333(82)90016-6
Technological Paradigms and Technological Trajectories : A Suggested Interpretation of the Determinants and the Directions of Technical Change : Research Policy
G. Dosi (1982)
10.1002/SMJ.789
In with the old, in with the new: capabilities, strategies, and performance among the Hollywood studios
Jamal Shamsie (2009)
10.1177/002224379703400107
Strategic Orientation of the Firm and New Product Performance
H. Gatignon (1997)
10.1002/SMJ.2218
Changes in firm knowledge couplings and firm innovation performance: : The moderating role of technological complexity
Sai Yayavaram (2015)
10.1016/J.RESPOL.2015.10.008
The Impact of R&D Subsidies on Firm Innovation
Raffaello Bronzini (2016)
10.1016/J.TECHNOVATION.2017.04.002
The role of state ownership and institutions in the innovation performance of emerging market enterprises: Evidence from China
Jingtao Yi (2017)
10.1177/0001839216674457
State Ownership and Firm Innovation in China: An Integrated View of Institutional and Efficiency Logics
K. Zhou (2017)
10.3390/SU9020178
Providing Appropriate Technology for Emerging Markets: Case Study on China’s Solar Thermal Industry
Jianghua Zhou (2017)
10.1016/J.TECHNOVATION.2018.02.004
Relationships among open innovation, innovative performance, government support and firm size: Comparing Brazilian firms embracing different levels of radicalism in innovation
Daniel Jugend (2018)



This paper is referenced by
Semantic Scholar Logo Some data provided by SemanticScholar