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Intellectual property protection, technological innovation and enterprise value-An empirical study on panel data of 80 advanced manufacturing SMEs

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成果类型:
期刊论文
作者:
Liu, Zhenyuan;Mu, Renyan*;Hu, Shuhua;Wang, Li;Wang, Song
通讯作者:
Mu, Renyan
作者机构:
[Hu, Shuhua; Liu, Zhenyuan; Mu, Renyan] Wuhan Univ Technol, Wuhan 430070, Hubei, Peoples R China.
[Liu, Zhenyuan] Wuhan Univ Technol, Coll Entrepreneurship, Wuhan 430070, Hubei, Peoples R China.
[Hu, Shuhua; Mu, Renyan] Wuhan Univ Technol, Sch Management, Wuhan 430070, Hubei, Peoples R China.
[Wang, Li] Wuhan Univ Technol, Sch Mech & Elect Engn, Wuhan 430070, Hubei, Peoples R China.
[Wang, Song] Huazhong Normal Univ, Sch Econ & Business Adm, Wuhan 430079, Hubei, Peoples R China.
通讯机构:
[Mu, Renyan] Wuhan Univ Technol, Wuhan 430070, Hubei, Peoples R China.
语种:
英文
关键词:
Enterprise values;Intellectual property;Technological innovation
期刊:
COGNITIVE SYSTEMS RESEARCH
ISSN:
1389-0417
年:
2018
卷:
52
页码:
741-746
文献类别:
WOS:Article
所属学科:
ESI学科类别:计算机科学;WOS学科类别:Computer Science, Artificial Intelligence;Neurosciences;Psychology, Experimental
入藏号:
基金类别:
National Social Science Foundation of China [15ZDC022, 17BGL209]; National Natural Science Foundation of China [71373199, 71602192, 71703033]; MOE (Ministry of Education in China) Project of Humanities and Social Sciences [15YJC790108, 16YJC630048]; Science and Technology Fund of Hubei Province [2016ADC109]; special task of the humanities and social science research of the Hubei Provincial Education Department; Advanced manufacturing industry
机构署名:
本校为其他机构
院系归属:
经济与工商管理学院
摘要:
Study the role of intellectual property protection in advanced manufacturing SMEs. Is it to protect the growth of advanced manufacturing SMEs, or to inhibit the growth of SMEs in advanced manufacturing ? the paper brings the medium variable - technological innovation to explore acting paths of intellectual property protection in enterprises' value improvement. Through analysis of panel data of 80 SMEs of advanced manufacture collected during the period from 2013 to 2015, Research results show that as for SMEs of advanced manufacture, the inverted-U relationship still exists in the influences brought by intellectual property protection to enterprise values. Meanwhile, U-shaped relations exist between intellectual property protection and technological innovation. Increase of technological innovation investment can promote increase of enterprise values. (C) 2018 Elsevier B.V. All rights reserved.
参考文献:
Dang G., 2016, J IND TECHNOLOGICAL, V35, P34
Hirschey M, 2012, J CORP FINANC, V18, P496, DOI 10.1016/j.jcorpfin.2012.02.002
Li C., 2015, ECON REV, V1, P77
Li P., 2013, NANKAI EC STUDIES, V03, P123
Li Wei, 2016, STUDIES SCI SCI, V34, P357

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