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Corporate Governance And The Innovation System In France 1985-2000

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  • Michel Goyer

Abstract

This paper investigates the relations between corporate governance and innovation in France over the period 1985-2000, with special focus on the development of firms' capabilities. The literature on innovation has often referred to a fit between environmental niches and institutional arrangements of corporate governance. By contrast, this paper presents the French case as an illustration of the numerous possibilities for institutional arrangements in ownership and control of industry and their multiple combinations with the national innovation system. The paper discusses the changing role - and importance - over time performed by the French system of corporate governance and its impact on the development of innovative capabilities by firms. The paper demonstrates that the impact of the national system of corporate governance on the innovative system is strongly mediated by the distribution of power and the conduct of business strategy inside large domestic firms.

Suggested Citation

  • Michel Goyer, 2001. "Corporate Governance And The Innovation System In France 1985-2000," Industry and Innovation, Taylor & Francis Journals, vol. 8(2), pages 135-158.
  • Handle: RePEc:taf:indinn:v:8:y:2001:i:2:p:135-158
    DOI: 10.1080/713670272
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    References listed on IDEAS

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    1. Colin Mayer, 1996. "Corporate Governance, Competition and Performance," OECD Economics Department Working Papers 164, OECD Publishing.
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    Cited by:

    1. Bruno Amable & Pascal Petit, 2003. "The diversity of social systems of innovation and production during the 1990s," Chapters, in: Jean-Philippe Touffut (ed.), Institutions, Innovation and Growth, chapter 8, Edward Elgar Publishing.
    2. Gerard Cornilleau & Jerome Creel, 2014. "Financialisation and the Financial and Economic Crises: The Case of France," FESSUD studies fstudy22, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    3. Klaus Brockhoff, 2006. "Technologischer Wandel und Corporate Governance," Schmalenbach Journal of Business Research, Springer, vol. 58(54), pages 7-31, January.
    4. Ingrid Groessl & Nadine Levratto, 2012. "International Similarities of Bank Lending Practices and Varieties of Insolvency Laws: a Comparative Analysis of France and Germany," Macroeconomics and Finance Series 201203, University of Hamburg, Department of Socioeconomics.
    5. William Lazonick, 2006. "Corporate Governance, Innovative Enterprise, and Economic Development," WIDER Working Paper Series RP2006-71, World Institute for Development Economic Research (UNU-WIDER).
    6. Muhaiminul Islam & Sarker Towfiq Pritom & Sultana Nasira & Md. Ashiqur Rahman & Saurav Das & Reza Rabbi, 2016. "Status of Corporate Governance Awareness in Bangladesh," International Journal of Business and Management, Canadian Center of Science and Education, vol. 11(10), pages 184-184, September.
    7. Munari, Federico & Oriani, Raffaele & Sobrero, Maurizio, 2010. "The effects of owner identity and external governance systems on R&D investments: A study of Western European firms," Research Policy, Elsevier, vol. 39(8), pages 1093-1104, October.

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