The determinants of internationalization: Evidence from the Taiwan high technology industry

被引:28
|
作者
Wang, Chao-Hung [2 ]
Hsu, Li-Chang [1 ]
Fang, Shyh-Rong [3 ]
机构
[1] Ling Tung Univ, Dept Finance, Taichung, Taiwan
[2] Ling Tung Univ, Dept Mkt & Logist Management, Taichung, Taiwan
[3] Natl Chung Hsing Univ, Dept Business Adm, Taichung 40227, Taiwan
关键词
Internationalization; Innovation; Corporate governance; R&D intensity;
D O I
10.1016/j.techfore.2008.03.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper employs the logit model to explore the relationship between internationalization and its determinants. Using a sample set gathered from 114 high technology firms of Taiwan, which are mostly engaged in original equipment manufacturing, empirical tests of the hypotheses find support that corporate governance, patent counts, and education level of managers had a positive effect on internationalization. Surprisingly, R&D intensity, one of the innovation capitals, had a negative effect on internationalization. (c) 2008 Elsevier Inc. All rights reserved.
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页码:1388 / 1395
页数:8
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