IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v54y2023ics1544612323000922.html
   My bibliography  Save this article

The impact of intellectual property protection on business performance of high-tech enterprises: The mediating effect of political-business relations

Author

Listed:
  • Lin, Kun

Abstract

The purpose of this paper is to study the mediating role of political-business relationship in the business efficiency of high-tech firms in terms of intellectual property protection. We find that: the improvement of the quality level of IPR protection implementation environment can promote the growth of business performance benefits; the political-business relationship can have a suppressive effect on the business performance benefits; the level of IPR protection implementation environment quality can promote the business performance benefits of high-tech enterprises under the mediating effect of political-business relationship, but there is a masking effect of this mediating effect.

Suggested Citation

  • Lin, Kun, 2023. "The impact of intellectual property protection on business performance of high-tech enterprises: The mediating effect of political-business relations," Finance Research Letters, Elsevier, vol. 54(C).
  • Handle: RePEc:eee:finlet:v:54:y:2023:i:c:s1544612323000922
    DOI: 10.1016/j.frl.2023.103718
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612323000922
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.frl.2023.103718?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Xiaofeng Xu & Xiangyu Chen & Yi Xu & Tao Wang & Yifan Zhang, 2022. "Improving the Innovative Performance of Renewable Energy Enterprises in China: Effects of Subsidy Policy and Intellectual Property Legislation," Sustainability, MDPI, vol. 14(13), pages 1-24, July.
    2. Rimmer, Matthew, 2019. "Beyond the Paris Agreement: Intellectual Property, Innovation Policy, and Climate Justice," SocArXiv fxhvm, Center for Open Science.
    3. Alimov, Azizjon, 2019. "Intellectual property rights reform and the cost of corporate debt," Journal of International Money and Finance, Elsevier, vol. 91(C), pages 195-211.
    4. Holgersson, Marcus & Aaboen, Lise, 2019. "A literature review of intellectual property management in technology transfer offices: From appropriation to utilization," Technology in Society, Elsevier, vol. 59(C).
    5. Misbah Habib & Jawad Abbas & Rahat Noman, 2019. "Are human capital, intellectual property rights, and research and development expenditures really important for total factor productivity? An empirical analysis," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 46(6), pages 756-774, February.
    6. Lin, Huiting & He, Yurun & Wang, Maolin & Huang, Yehua, 2020. "The State-Owned Capital Gains Handover System and managerial agency cost: Evidence from central state-owned listed companies in China," Finance Research Letters, Elsevier, vol. 36(C).
    7. Matthew Rimmer, 2019. "Beyond the Paris Agreement: Intellectual Property, Innovation Policy, and Climate Justice," Laws, MDPI, vol. 8(1), pages 1-24, February.
    8. Cui, Huijie & Dai, Lixuan & Zhang, Yanan, 2021. "Organization Capital and Corporate Innovation: Evidence from China," Finance Research Letters, Elsevier, vol. 43(C).
    9. Li, Xiaoying & Tan, Ying, 2020. "University R&D activities and firm innovations," Finance Research Letters, Elsevier, vol. 37(C).
    10. Francesco Chirico & Giuseppe Criaco & Massimo Baù & Lucia Naldi & Luis R. Gomez-Mejia & Josip Kotlar, 2020. "To patent or not to patent: That is the question. Intellectual property protection in family firms," Entrepreneurship Theory and Practice, , vol. 44(2), pages 339-367, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhu, Haitao & Zhang, Yi & Bai, Ruobing & Sun, Xu, 2023. "Happiness and executive team stability," Finance Research Letters, Elsevier, vol. 57(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pruethsan Sutthichaimethee & Chanintorn Jittawiriyanukoon, 2022. "Analyzing the Impact of Causal Factors on Political Management to Determine Sustainability Policy under Environmental Law: Enriching the Covariance-based SEMxi Model," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 282-293, July.
    2. Lirios Alos-Simo & Antonio J. Verdu-Jover & Jose M. Gomez-Gras, 2020. "Knowledge Transfer in Sustainable Contexts: A Comparative Analysis of Periods of Financial Recession and Expansion," Sustainability, MDPI, vol. 12(12), pages 1-24, June.
    3. Dante I. Leyva-de la Hiz & J. Alberto Aragon-Correa & Andrew G. Earle, 2022. "Innovating for Good in Opportunistic Contexts: The Case for Firms’ Environmental Divergence," Journal of Business Ethics, Springer, vol. 176(4), pages 705-721, April.
    4. Qi Guo & Lawrence Kryzanowski & Mingyang Li & Jie Zhang, 2021. "Share‐loan pledging and relaxation of share‐repurchase restrictions in China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(5), pages 5925-5964, December.
    5. Su, Zhongfeng & Wang, Chenfeng & Peng, Mike W., 2022. "Intellectual property rights protection and total factor productivity," International Business Review, Elsevier, vol. 31(3).
    6. Ernest Kay Bakpa & Hu Xuhua & Abigail Konadu Aboagye, 2021. "Ghana’s economic growth: Directing our focus on the contributing influences of innovation activities and trade," Growth and Change, Wiley Blackwell, vol. 52(4), pages 2213-2237, December.
    7. Meixia Wang & Huiping Wang, 2022. "RETRACTED ARTICLE: Knowledge search and innovation performance: The mediating role of absorptive capacity," Operations Management Research, Springer, vol. 15(3), pages 1060-1070, December.
    8. awel Dobrzanski & Sebastian Bobowski, 2021. "Structural and Productivity Changes in the European Countries During COVID-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 872-882.
    9. Zhikang Xie & Xinglin Liu & Hina Najam & Qinghua Fu & Jawad Abbas & Ubaldo Comite & Laura Mariana Cismas & Andra Miculescu, 2022. "Achieving Financial Sustainability through Revenue Diversification: A Green Pathway for Financial Institutions in Asia," Sustainability, MDPI, vol. 14(6), pages 1-16, March.
    10. Hartman, Paul & Ogden, Jeff & Jackson, Ross, 2020. "Contract duration: Barrier or bridge to successful public-private partnerships?," Technology in Society, Elsevier, vol. 63(C).
    11. Xiang Zhang & Zongyi Zhang & Han Zhou, 2023. "Grabbing hand or financial constraint mitigation effect? A reexamination of the relationship between institutional development and cash holdings," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(1), pages 631-655, March.
    12. Ndeye Maty PAYE, 2021. "Digital Teaching/Learning In Covid 19 Time At The University Of The Gambia," Annals of the University of Craiova, Series Psychology, Pedagogy, Teacher Training Department, University of Craiova, vol. 43(1), pages 65-74, June.
    13. Addis Gedefaw Birhanu & Alfonso Gambardella, 2024. "To commercialize inside or outside of the firm : Behavioral considerations in patent exploitation by family firms," Post-Print hal-04343877, HAL.
    14. Jawad Abbas & Uthman Alturki & Misbah Habib & Ahmed Aldraiweesh & Waleed Mugahed Al-Rahmi, 2021. "Factors Affecting Students in the Selection of Country for Higher Education: A Comparative Analysis of International Students in Germany and the UK," Sustainability, MDPI, vol. 13(18), pages 1-17, September.
    15. Universidad Nacional de Mar del Plata, 2022. "Emprendimientos 4.0: desafíos actuales y futuros. Resultados de investigación y prácticas docentes," Nülan. Deposited Documents 3933, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    16. Ndubuisi, Gideon, 2020. "Fettered cross-border capital flows, external finance dependence, and international trade," International Economics, Elsevier, vol. 164(C), pages 206-216.
    17. Kadigia Faccin & Christle Beer & Bibiana Volkmer Martins & Grabriela Zanandrea & Neta Kela & Corne Schutte, 2022. "What really matters for TTOs efficiency? An analysis of TTOs in developed and developing economies," The Journal of Technology Transfer, Springer, vol. 47(4), pages 1135-1161, August.
    18. Dongdong Song & Yuewen Liu & Tianbao Qin & Hongsong Gu & Yang Cao & Hongjun Shi, 2022. "Overview of the Policy Instruments for Renewable Energy Development in China," Energies, MDPI, vol. 15(18), pages 1-14, September.
    19. Erdemalp Ozden & Didem Guleryuz, 2022. "Optimized Machine Learning Algorithms for Investigating the Relationship Between Economic Development and Human Capital," Computational Economics, Springer;Society for Computational Economics, vol. 60(1), pages 347-373, June.
    20. Conor O’Kane & James A. Cunningham & Matthias Menter & Sara Walton, 2021. "The brokering role of technology transfer offices within entrepreneurial ecosystems: an investigation of macro–meso–micro factors," The Journal of Technology Transfer, Springer, vol. 46(6), pages 1814-1844, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:54:y:2023:i:c:s1544612323000922. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.