Intangible resources, agglomeration effect of FDI intensity, and firm performance: Evidence from Chinese semiconductor firms
AbstractThis study analyzes the impact of intangible resources on firm performance in an emerging economy context. Intangible resources are considered essential to firms? competitive advantage; however, we argue that firms? intangible resources can be negatively related with performance in emerging economies, due to their weak intellectual property rights protection. Furthermore, we incorporate the resource-based view and geographical agglomeration perspective to propose that geographical locations with dense foreign direct investment can affect the appropriability of intangible resources, thereby moderating the relationship between intangible resources and firm performance. We find empirical evidence to support our argument by examining 70 semiconductor firms in China from 1999 to 2006 period.
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Bibliographic InfoPaper provided by globADVANTAGE, Polytechnic Institute of Leiria in its series Working Papers with number 56.
Date of creation: 04 Mar 2010
Date of revision:
intangible resources; intellectual property; agglomeration; foreign direct investment; emerging economy;
Find related papers by JEL classification:
- M0 - Business Administration and Business Economics; Marketing; Accounting - - General
- M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
- M2 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-04-17 (All new papers)
- NEP-CSE-2010-04-17 (Economics of Strategic Management)
- NEP-IPR-2010-04-17 (Intellectual Property Rights)
- NEP-TRA-2010-04-17 (Transition Economics)
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