Title :
The influence of governance form on the utility of corporate technological entrepreneurship activities —An empirical studies on Chinese bio-pharmaceutical industry
Author :
Peng, Xuebing ; Ni, Xudong ; Yao, Chunxu
Author_Institution :
Sch. of Econ. & Manage., Zhejiang Sci-tech Univ., Hangzhou
Abstract :
The article outlines and empirically tests a model of the moderating effect that governance form has on entrepreneurship-performance relationship. A sample of 65 high-tech new business venture was used to exam whether there is different effect between strategic alliance and mergers and acquisition on the relationship between corporate technological entrepreneurship and its financial performance. The result shows that alliance governance form positively moderates the relationship between corporate technological entrepreneurship and performance, but mergers and acquisitions governance form negatively moderates it.
Keywords :
biotechnology; corporate acquisitions; financial management; innovation management; pharmaceutical industry; risk management; technology management; venture capital; Chinese biopharmaceutical industry; alliance governance form; business venture; corporate technological entrepreneurship; corporate technological entrepreneurship activities; entrepreneurship-performance relationship; financial performance; strategic alliance; Assembly systems; Corporate acquisitions; Costs; Industrial economics; Innovation management; Research and development management; Resource management; Technological innovation; Technology management; Testing; Corporate technological entrepreneurship; Governance form; Performance;
Conference_Titel :
Management of Innovation and Technology, 2008. ICMIT 2008. 4th IEEE International Conference on
Conference_Location :
Bangkok
Print_ISBN :
978-1-4244-2329-3
Electronic_ISBN :
978-1-4244-2330-9
DOI :
10.1109/ICMIT.2008.4654429
