开放式创新信号:利用专利探索财务数据

IF 1.7 4区 管理学 Q3 MANAGEMENT
Jinhyo Joseph Yun, Bonghwan Kim, Xiaofei Zhao, Euiseob Jeong, Joonggi Ahn
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引用次数: 0

摘要

本研究旨在探讨如何从财务报表中衡量企业的开放式创新。因此,我们的研究问题如下:如何从财务报表中直接或间接地判断企业的开放式创新信号?本研究使用了2016年至2018年美国财务报表和专利注册数据库的数据来回答这一研究问题。研究发现了财务数据中开放式创新的三个显性信号。首先,子公司或相关企业对财务数据的投资可能与开放式创新存在负相关关系,因为开放式创新(即专利的共同应用)可能会减少子公司或相关企业的投资。但前二十名和后二十名企业之间存在差异。其次,财务数据中的内部研发投资(I R&D)可能与开放式创新有正相关关系,因为 I R&D 可以引发内向型开放式创新。如果 I R&D 与开放式创新战略相结合,就会增加子公司或相关企业的投资规模,这是一种内向型开放式创新。第三,财务数据中的自由现金流(FCF)可能与开放式创新呈正相关,因为高自由现金流可以支持外向型开放式创新。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Open Innovation Signals: Exploring the Financial Data with Patents
The study aims to explore how to measure firms’ open innovation from financial statements. So, our research question is as follows: How can we determine firms’ open innovation signals directly or indirectly from financial statements? This study used data from the US financial statements and patent registration database from 2016 to 2018 to answer this research question. Three manifest signals of open innovation in financial data were found. First, subsidiary or related firm investment in financial data may have a negative relationship with open innovation because open innovation (i.e., the co-application of patents) could decrease subsidiary or related firm investment. But there are differences between the top and bottom twenty firms. Second, internal R&D investment (I R&D) in financial data may have a positive relationship with open innovation because I R&D could trigger inward open innovation. If I R&D combines with an open innovation strategy, it increases the size of subsidiary or related firm investment as a kind of inward open innovation. Third, free cash flow (FCF) in financial data may have a positive relationship with open innovation because high FCF could support outward open innovation.
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来源期刊
CiteScore
3.80
自引率
4.80%
发文量
39
期刊介绍: Science, Technology and Society is an international journal devoted to the study of science and technology in social context. It focuses on the way in which advances in science and technology influence society and vice versa. It is a peer-reviewed journal that takes an interdisciplinary perspective, encouraging analyses whose approaches are drawn from a variety of disciplines such as history, sociology, philosophy, economics, political science and international relations, science policy involving innovation, foresight studies involving science and technology, technology management, environmental studies, energy studies and gender studies. The journal consciously endeavors to combine scholarly perspectives relevant to academic research and policy issues relating to development. Besides research articles the journal encourages research-based country reports, commentaries and book reviews.
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