Effect of HTE certification on external resource acquisition and firm performance: evidence from China

She Maoyan; Wang Yuandi; Hu Die

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Effect of HTE certification on external resource acquisition and firm performance: evidence from China

机译：Effect of HTE certification on external resource acquisition and firm performance: evidence from China

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摘要

This paper argues that the high-tech enterprise certification (HTE certification) can facilitate firm performance and that this effect is mediated by external resource acquisition, including venture capital and human resource in the context of China. Using the Chinese industrial enterprise database and difference-in-difference approach, our results indicate that: (a) HTE certification is positively associated with external resource acquisition, namely, venture capital and human resource; (b) both venture capital and human resource are positively related to firm performance and (c) the external resource acquisition including venture capital and human resource mediates the relationship between HTE certification and firm performance.

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来源
《Technology analysis & strategic management》 |2022年第6期|609-624|共16页
作者
She Maoyan; Wang Yuandi; Hu Die;
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作者单位

Sichuan Univ, Business Sch, Chengdu, Peoples R China;

Fuzhou Univ, Sch Econ & Management, Fuzhou, Peoples R China;

Chengdu Univ Technol, Coll Management Sci, Chengdu, Peoples R China;

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收录信息美国《科学引文索引》(SCI);
原文格式 PDF
正文语种英语
中图分类
关键词
HTE certification; information asymmetry; legitimacy; signal; firm performance;

Effect of HTE certification on external resource acquisition and firm performance: evidence from China

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