A comparison of ownership structures and innovations of US and japanese firms

Research output: Contribution to journalArticle

39 Scopus citations

Abstract

This study analyzes the impact of ownership structure on innovation in the US and Japan. Agency theory is used to develop links between the distinct patterns of ownership in the US and Japan to differences in innovation. Empirical evidence shows that ownership concentration and the identity of the investors with large ownership positions affects innovation. This relationship differs across the two countries.

Original languageEnglish (US)
Pages (from-to)39-50
Number of pages12
JournalManagerial and Decision Economics
Volume26
Issue number1
DOIs
StatePublished - Jan 1 2005
Externally publishedYes

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

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