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[The Theoretical Framework and System of Innovation within Enterprises: Based on the Perspective of Ownership]


  • Chen, Yan
  • Zhang, Bin


This paper proposed a theoretical framework of innovation based on the perspective of ownership, and constructed an empirical research system of the relationship between ownership structure and innovation. In view of existing theme scattered and lack of interaction, this paper proposed a theoretical framework of the relationship between ownership structure and innovation which was regarded as a general theoretical framework for scholars in this domain. Meanwhile, this paper constructed an empirical research system of the relationship between ownership structure and innovation from the perspective of both ownership concentration and ownership types, which would be a beneficial reference for subsequent research. In the end, this paper shed light on future decision-making.

Suggested Citation

  • Chen, Yan & Zhang, Bin, 2013. "基于所有权视角的企业创新理论框架与体系
    [The Theoretical Framework and System of Innovation within Enterprises: Based on the Perspective of Ownership]
    ," MPRA Paper 47078, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:47078

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    References listed on IDEAS

    1. Ziliang Deng & Peter Hofman & Alexander Newman, 2013. "Ownership concentration and product innovation in Chinese private SMEs," Asia Pacific Journal of Management, Springer, vol. 30(3), pages 717-734, September.
    2. Holmstrom, Bengt, 1989. "Agency costs and innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 12(3), pages 305-327, December.
    3. Sadowski, Bert M. & Sadowski-Rasters, Gaby, 2006. "On the innovativeness of foreign affiliates: Evidence from companies in The Netherlands," Research Policy, Elsevier, vol. 35(3), pages 447-462, April.
    4. repec:hrv:faseco:30728046 is not listed on IDEAS
    5. Raquel Ortega-Argilés & Rosina Moreno & Jordi Caralt, 2005. "Ownership structure and innovation: is there a real link?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 39(4), pages 637-662, December.
    6. Shleifer, Andrei & Vishny, Robert W, 1997. " A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
    7. Maria Rosa Battagion & Lucia Tajoli, 1999. "Ownership Structure, Innovation Process and Competitive Performance: the Case of Italy," KITeS Working Papers 120, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Nov 2000.
    8. Demsetz, Harold & Lehn, Kenneth, 1985. "The Structure of Corporate Ownership: Causes and Consequences," Journal of Political Economy, University of Chicago Press, vol. 93(6), pages 1155-1177, December.
    9. Holmström, Bengt, 1989. "Agency Costs and Innovation," Working Paper Series 214, Research Institute of Industrial Economics.
    10. Filippo Belloc, 2012. "Corporate Governance And Innovation: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 26(5), pages 835-864, December.
    11. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
    12. Trien Vinh Le & Jonathan P. O'Brien, 2010. "Can Two Wrongs Make a Right? State Ownership and Debt in a Transition Economy," Journal of Management Studies, Wiley Blackwell, vol. 47(7), pages 1297-1316, November.
    13. Demsetz, Harold, 1983. "The Structure of Ownership and the Theory of the Firm," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 375-390, June.
    14. Paul Bishop & Nick Wiseman, 1999. "External ownership and innovation in the United Kingdom," Applied Economics, Taylor & Francis Journals, vol. 31(4), pages 443-450.
    15. Francis, Jennifer & Smith, Abbie, 1995. "Agency costs and innovation some empirical evidence," Journal of Accounting and Economics, Elsevier, vol. 19(2-3), pages 383-409, April.
    16. Josep A. Tribo & Pascual Berrone & Jordi Surroca, 2007. "Do the Type and Number of Blockholders Influence R&D Investments? New evidence from Spain," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(5), pages 828-842, September.
    17. Xu, Xiaonian & Wang, Yan, 1999. "Ownership structure and corporate governance in Chinese stock companies," China Economic Review, Elsevier, vol. 10(1), pages 75-98.
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    More about this item


    Ownership structure; Innovation; Theoretical framework; Research system;

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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