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

Research output: Contribution to journalArticle

39 Citations (Scopus)

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 2005
Externally publishedYes

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Innovation
Ownership structure
Japanese firms
Ownership
Japan
Empirical evidence
Ownership concentration
Investors
Agency theory

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation
  • Strategy and Management

Cite this

A comparison of ownership structures and innovations of US and japanese firms. / Lee, Peggy.

In: Managerial and Decision Economics, Vol. 26, No. 1, 01.2005, p. 39-50.

Research output: Contribution to journalArticle

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