How Do Ownership Levels and Learning Orientation Affect Product Innovation in Chinese Firms?
Yuan LI, Xi’an Jiaotong University; Hai GUO, Renmin University of China; Yaqun YI, Xi’an Jiaotong University; and Yi LIU, Xi’an Jiaotong University.
Our study examines the relationship between a firm’s levels of ownership concentration (whether or not ownership is widespread) and levels of product innovation, and the additional effect of learning orientation, using a sample of 351 Chinese firms. We find that moderate levels of ownership concentration are the most favorable to both product innovation and learning orientation. In contrast both low levels and high levels of owner concentration are less favorable. In addition, a greater learning orientation further enables product innovation.
©2011 The International Association for Chinese Management Research