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Title: Ownership structure and new product development in transnational corporations in China
Authors: Li, X
Liu, X
Keywords: TNCs;Ownership structure;New product development;China
Issue Date: 2008
Publisher: United Nations
Citation: Transnational Corporations, 17(2), 17 - 44, 2008
Abstract: This paper examines the relationship between the ownership structure and new product development (NPD) at the affiliates of transnational corporations in China. Seven research hypotheses are tested on a panel data set covering 10,000 manufacturing firms with foreign involvement for the period 1998-2001. The results from probit and tobit models show that contractual joint ventures, equity joint ventures and joint stock enterprises are better organizational forms than wholly owned enterprises for increasing both the probability and intensity of NPD. We also find that ventures with OECD participation are more likely to be involved in NPD than those with participation by “overseas” Chinese TNCs.
Description: This article is available open access through the publisher’s website at the link below. Copyright @ 2008 United Nations.
ISSN: 1014-9562
Appears in Collections:Business and Management
Brunel Business School Research Papers

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