Growth paths of innovation performance, stock of R&D capital, and absorptive capacity

Abstract

Abstract: The growth paths of innovation performance, stock of R&D capital, and absorptive capacity are analyzed using the system of difference equations. The results indicate that in the event of the sum of present value rate of stock of R&D capital and total contribution rate of innovation performance in the prior period to that in current period is less than one, growths of innovation performance, stock of R&D capital, and absorptive capacity are under restrictions, and speeds of their growths are getting smaller and smaller. In the event of the sum of present value rate of stock of R&D capital and total contribution rate of innovation performance in prior period to that in current period is greater than one, growths of innovation performance, stock of R&D capital, and absorptive capacity are unconstrained, and speeds of their growths are getting bigger and bigger. Furthermore, the rate of depreciation, innovation performance from other elements, contribution margin of stock of R&D capital for absorptive capacity in the same term and total contribution rate of stock of R&D capital for innovation performance in the same term also have influence on the speeds of their growths.

Key words: innovation performance, stock of R&D capital, absorptive capacity, system of difference equations

CLC Number:

C93.06

Zhou Wenguang, Huang Ruihua. Growth paths of innovation performance, stock of R&D capital, and absorptive capacity[J]. Science Research Management, 2012, 33(11): 24-31.

References

[1] http://www.stats.gov.cn/tjgb/rdpcgb/qgrdpcgb/t20101122_402684868.htm .
[2] http://www.stats.gov.cn/tjgb/rdpcgb/qgrdpcgb/t20101122_402684873.htm .
[3] 专利统计简报 .国家知识产权规划发展司. 2010年23期.
[4] John Hagedoorn, Myriam Cloodt. Measuring innovative performance: is there an advantage in using multiple indicators?[J]. Research Policy, 2003(32): 1365-1379.
[5] Bengt-Ake Lundvall, Peter Nielsen. Knowledge management and innovation performance[J]. International Journal of Manpower, 2007, 28(3/4): 207-223.
[6] Michael Song etc. Conflict Management and Innovation Performance: An Integrated Contingency Perspective[J]. Journal of the Academy of Marketing Science, 2006, 34(3): 341-356.
[7] Keld Lauesen, Ammon Salter. Open for Innovation: the Role of Openness in Explaining Innovation Performance Among U.K. Manufacturing Firms[J]. Strategic Management Journal, 2006(27): 131-150.
[8] Gautam Ahuja, Riitta Katila. Technological Acquisitions and the Innovation Performance of Acquiring Firms: A Longitudinal Study[J]. Strategic Management Journal, 2001(22): 197-220.
[9] Daniel I. Prajogo etc. The role of trading partner relationships in determining innovation performance: an empirical examination[J]. 2004,7(3): 178-186.
[10] Jian Cheng Guan etc. Technology transfer and innovation performance: Evidence from Chinese firms[J]. Technological Forecasting & Social Change, 2006 (73): 666-678.
[11] Daniel I. Prajogo etc. Manufacturing strategies and innovation performance in newly industrialised countries[J]. Industrial Management & Data Systems, 2007, 107(1): 52-68.
[12] Joaqu?n Alegre, Ricardo Chiva. Assessing the impact of organizational learning capability on product innovation performance: An empirical test[J]. Technovation, 2008(28): 315-326.
[13] Daniel I. Prajogo, Pervaiz K. Ahmed. Relationships between innovation stimulus, innovation capacity, and innovation performance[J]. R&D Management, 2006,36(5): 499-515.
[14] Daniel I. Prajogo, Amrik S. Sohal. The integration of TQM and technology/R&D management in determining quality and innovation performance[J]. Omega, 2006 (34): 296-312.
[15] Johan Frishammar and Sven Ake Horte. Managing External Information in Manufacturing Firms: The Impact on Innovation Performance[J]. the Journal of Product Innovation Management, 2005(22): 251-266.
[16] Wenpin Tsai. Knowledge Transfer in Intraorganizational Networks: Effects of Network Position and Absorptive Capacity on Business Unit Innovation and Performance[J]. The Academy of Management Journal, 2001, 44(5): 996-1004.
[17] Andrea Fosfuri, JosepA. Trib . Exploring the antecedents of potential absorptive capacity and its impact on innovation performance[J]. Omega, 2008 (36): 173-187.
[18] Zvi Griliches. Issues in Assessing the Contribution of Research and Development to Productivity Growth[J]. The Bell Journal of Economics, 1979, 10(1): 92-116.
[19] Zvi Griliches and Frank Lichtenberg. Interindustry Technology Flows and Productivity Growth: A Reexamination[J]. The Review of Economics and Statistics, 1984, 66(2): 324-329.
[20] Zvi Griliches. Productivity, R&D, and the Data Constraint[J]. The American Economic Review, 1994, 84(1): 1-23.
[21] Goto, Akira and Kazuyuki Suzuki. R&D capital, rate return on R&D investment and spillover of R&D in Japanese manufacturing industries[J] , Review of Economics and Statistics, 1989, 71( 4) , 555- 564.
[22] Hu, Albert G. Z. , Jefferson, G. H. and Qian Jinchang. R&D and technology transfer: Firm level evidence from Chinese industry[J], Review of Economics and Statistics, 2005, 87(4) , 780- 786.
[23] 李虎,樊宏,区健芬. 民营科技企业科技创新绩效与其影响因素的协整分析[J]. 科技进步与对策,2010,27(2): 109-112.
[24] Wesley M. Cohen, Daniel A. Levinthal. Absorptive Capacity: A New Perspective on Learning and Innovation[J]. Administrative Science Quarterly, 1990, 35(1):128-152.
[25] Peter J. Lane, Michael Lubatkin. Relative Absorptive Capacity and Interorganizational Learning[J]. Strategic Management Journal, 1998,19(5): 461-477.
[26] Shaker A. Zahra, Gerard George. Absorptive Capacity: A Review, Reconceptualization, and Extension[J]. The Academy of Management Review, 2002, 27(2):185-203.
[27] Hall, B.H. , J. Mairesse. Exploring the relationship between R&D and productivity in French manufacturing firms[J]. Journal of Econometrics, 1995, 65(1): 263- 293.