• 中国科学学与科技政策研究会
  • 中国科学院科技政策与管理科学研究所
  • 清华大学科学技术与社会研究中心
ISSN 1003-2053 CN 11-1805/G3

科学学研究 ›› 2017, Vol. 35 ›› Issue (5): 754-762.

• 科技管理与知识管理 • 上一篇    下一篇

管理机制、技术知识资产与企业市场绩效

吴伟伟1,阚红莲1,刘业鑫1,Kim Yanggi2,2   

  1. 1. 哈尔滨工业大学管理学院
    2.
  • 收稿日期:2016-06-08 修回日期:2017-01-13 出版日期:2017-05-15 发布日期:2017-05-24
  • 通讯作者: 刘业鑫
  • 基金资助:

    新产品开发中技术管理与技术能力的协同机制研究;基于适合度景观的企业技术管理能力对自主创新的作用机制研究;不确定性条件下技术管理能力对自主创新的作用模式与路径研究;黑龙江老工业基地制造业企业技术管理能力提升研究

Management Mechanisms, Technological Knowledge Assets and Firm Market Performance: Evidence from Chinese Listed Companies

  • Received:2016-06-08 Revised:2017-01-13 Online:2017-05-15 Published:2017-05-24

摘要: 管理机制和技术知识资产对企业市场绩效具有重要的影响。本文采用中国上市公司2009-2014年的数据,分析技术知识资产对企业市场绩效的作用,以及管理机制在此过程中的差异性作用。研究发现:技术知识资产对企业市场绩效具有显著的正向影响;激励机制在技术知识资产转化为市场绩效的过程中起到显著的正向调节作用,其中CEO薪酬水平的调节作用强于CEO持股比例;监管机制中的外部董事持股比例起到正向的强化作用,而两职分离起到弱化的调节作用。本文的研究结论从理论上深化了对管理机制与技术知识资产间关系的认识,同时对企业市场绩效的提升也具有重要的实践意义。

关键词: 技术知识资产, 企业市场绩效, 管理机制, 差异性作用

Abstract: The technological knowledge assets and management mechanisms both have important impacts on firm market performance. In this paper, we examine the asymmetric role of management mechanisms in the relationship between technological knowledge assets and firm market performance based on the sample of Chinese listed companies during 2009-2014. The results show that the technological knowledge assets have a significant positive impact on firm market performance. The incentive mechanisms positively moderate the relationship between technological knowledge assets and firm market performance. Furthermore, the moderating effect of CEO payment is stronger than that of CEO shareholding. In the monitoring mechanisms, the percentage of outside blockholders enhances the relationship between technological knowledge assets and firm market performance, while CEO duality weakens the relationship between technological knowledge assets and firm market performance. This research deepens the understanding of the relationships among technological knowledge assets and management mechanisms, and also can help firms to improve their market performance.