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首页> 外文期刊>Asian Journal of Technology Innovation >Moderating effects of legitimacy on the liability- and R&D investment-innovation relationships in manufacturing SMEs
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Moderating effects of legitimacy on the liability- and R&D investment-innovation relationships in manufacturing SMEs

机译：合法性对制造业中小企业负债与研发投资-创新关系的调节作用

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摘要

This study investigates the moderating effects of legitimacy on the liability- and R&D investment-innovation relationships in manufacturing small and medium-sized enterprises (SMEs). Examining 2659 firms in South Korea, this study demonstrates that organizational legitimacy has not only the direct effect on innovation performance but also moderating effects on the relationship between liability and R&D expenditure and innovation performance. The present research provides evidence that normative legitimacy alleviates the adverse effects of liability on new product launches and the innovative sales revenue. Further, normative legitimacy weakens the relationship between R&D investment and innovation, whereas cognitive legitimacy can aggravate the adverse effects of liability but enhance the positive effects of R&D expenditure on the innovative sales revenue. The analysis presented in this study also demonstrates that the anti-synergistic interactions between regulatory, normative, and cognitive legitimacy can hinder the overall positive effects on innovation performance. This study extends the literature on legitimacy in the context of innovation by exhibiting that the strategic dilemma of SMEs regarding innovation can be a serious concern because of the conflicting roles of legitimacy on the liability-innovation and R&D invest-innovation relationship.
机译：这项研究调查了合法性对制造业中小型企业（SMEs）的负债和R＆D投资-创新关系的调节作用。考察了韩国的2659家公司，该研究表明组织的合法性不仅对创新绩效产生直接影响，而且还对责任与研发支出与创新绩效之间的关系产生调节作用。本研究提供了证据，规范的合法性减轻了责任对新产品发布和创新销售收入的不利影响。此外，规范的合法性削弱了研发投资与创新之间的关系，而认知的合法性会加剧负债的不利影响，但会增加研发支出对创新销售收入的积极影响。这项研究中提出的分析还表明，监管，规范和认知合法性之间的反协同作用会阻碍对创新绩效的总体积极影响。这项研究扩展了关于创新背景下合法性的文献，表明由于合法性在责任创新和研发投入－创新关系上的冲突作用，中小企业在创新方面的战略困境可能成为一个严重的问题。

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