李燕,原东良. 基金创新活动投资经验与企业创新[J]. 科技进步与对策, 2023, 40(16): 118-129.
Li Yan,Yuan Dongliang. The Fund Investment Experience in Innovative Activities and Corporate Innovation. SCIENCE & TECHNOLOGY PROGRESS AND POLICY, 2023, 40(16): 118-129.
[1] LI H. Fund shareholding and enterprise innovation—based on the research of chinese a-share listed companies[J]. American Journal of Industrial and Business Management, 2019, 9(4): 914. [2] HE J, TIAN X. Finance and corporate innovation: a survey[J]. Asia-Pacific Journal of Financial Studies, 2018, 47(2): 165-212. [3] QI L, WANG L, LI W. Do mutual fund networks affect corporate social responsibility? evidence from China[J]. Corporate Social Responsibility and Environmental Management, 2020, 27(2): 1040-1050. [4] LI L, LI Y, WANG X, et al. Hedge fund networks, information dissemination, and stock price comovement: evidence from China[J]. International Review of Financial Analysis, 2022: 102224. [5] CYERT R M, MARCH J G. A behavioral theory of the firm[M]. Prentice Hall:Englewood Cliffs,1963. [6] EISENHARDT K M, ZBARACKI M J. Strategic decision making[J]. Strategic Management Journal, 1992, 13(2): 17-37. [7] HERTWIG R. The psychology and rationality of decisions from experience[J]. Synthese, 2012, 187(1): 269-292. [8] MASON P A, HAMBRICK D C. Upper echelons: the organization as a reflection of its top managers[J]. Academy of Management Review, 1984, 9(2): 193-206. [9] TURNER S F, MITCHELL W, BETTIS R A. Strategic momentum: how experience shapes temporal consistency of ongoing innovation[J]. Journal of Management, 2013, 39(7): 1855-1890. [10] HERTWIG R, PLESKAC T J. Decisions from experience: why small samples[J]. Cognition, 2010, 115(2): 225-237. [11] BOUBAKER S, CHOUROU L, SAADI S, et al. Does institutional investor horizon influence US corporate financing decisions[J]. International Review of Financial Analysis, 2019, 63: 382-394. [12] WANG Y, ZHAO J. Hedge funds and corporate innovation[J]. Financial Management, 2015, 44(2): 353-385. [13] HAUNSCHILD P R, BECKMAN C M. When do interlocks matter?alternate sources of information and interlock influence[J]. Administrative Science Quarterly, 1998: 815-844. [14] BRAV A, JIANG W, MA S, et al. How does hedge fund activism reshape corporate innovation[J]. Journal of Financial Economics, 2018, 130(2): 237-264. [15] AGHION P, VAN REENEN J, ZINGALES L. Innovation and institutional ownership[J]. American Economic Review, 2013, 103(1): 277-304. [16] ZHAI X, MA H, ZHANG Y. Can high-performance funds be built and managed by improving their network locations?evidence from entrepreneurship in Chinese fund managers[J]. International Entrepreneurship and Management Journal, 2022, 18(1): 383-407. [17] ZHOU J, QIN R, WANG X, et al. Does directors' innovation experience promote firm innovation? evidence from China[J/OL]. Knowledge Management Research & Practice, 2022.https://www.tandfonline.com/doi/full/10.1080/14778238.2021.1932624. [18] MACGARVIE M. The determinants of international knowledge diffusion as measured by patent citations[J]. Economics Letters, 2005, 87(1): 121-126. [19] SIMAO L, FRANCO M. External knowledge sources as antecedents of organizational innovation in firm workplaces: a knowledge-based perspective[J]. Journal of Knowledge Management, 2018, 22(2): 237-256. [20] LIAO Z, LONG S. CEOs' regulatory focus, slack resources and firms' environmental innovation[J]. Corporate Social Responsibility and Environmental Management, 2018, 25(5): 981-990. [21] NEWBERT S L. Value, rareness, competitive advantage, and performance: a conceptual-level empirical investigation of the resource-based view of the firm[J]. Strategic Management Journal, 2008, 29(7): 745-768. [22] 魏谷,孙启新.组织资源、战略先动性与中小企业绩效关系研究——基于资源基础观的视角[J].中国软科学,2014,29(9):117-126. [23] BOURGEOIS III L J. On the measurement of organizational slack[J]. Academy of Management Review, 1981, 6(1): 29-39. [24] 陈春花,朱丽,宋继文.学者价值何在?高管学术资本对创新绩效的影响研究[J].经济管理,2018,40(10):92-105. [25] HYYTINEN A, TOIVANEN O. Do financial constraints hold back innovation and growth?evidence on the role of public policy[J]. Research Policy, 2005, 34(9): 1385-1403. [26] TANG T. Hedge fund activism and corporate innovation[J]. Economic Modelling, 2020, 85: 335-348. [27] ZHANG K, WANG J J, SUN Y, et al. Financial slack, institutional shareholding and enterprise innovation investment: evidence from China[J]. Accounting & Finance, 2021, 61(2): 3235-3259. [28] 刘力钢,姜莉莉.企业衰落与创新行为的关系研究——冗余资源与CEO任期的调节效应[J].科研管理,2022,43(8):119-128. [29] YUAN D, SHANG D, MA Y, et al. The spillover effects of peer annual report tone for firm innovation investment: evidence from China[J]. Technological Forecasting and Social Change, 2022, 177: 121518. [30] 原东良,李建莹,尚铎.企业创新投资的城市同群效应研究[J].审计与经济研究,2022,37(2):116-127. [31] REGUERA-ALVARADO N, BRAVO F. The impact of directors' high-tech experience on innovation in low-tech firms[J]. Innovation, 2018, 20(3): 223-239. [32] 张维迎,柯荣住.信任及其解释:来自中国的跨省调查分析[J].经济研究,2002,48(10):59-70,96.