Journal of Management Research
Volume 10, Number 3 ( December 2010)
ISSN: 0972-5814 Online ISSN: 0974-455X
The Effects of Technological Relatedness and Ownership Structure on R&D Performance
Jongtae Shin
| Abstract |
In diversified firms, resource relatedness has often been suggested as having positive effects on corporate performance. This paper proposes, however, an inverted U relationship between technological relatedness and corporate R&D performance. In addition, institutional ownership and CEO ownership is proposed to moderate the effects of technological relatedness on R&D performance by influencing CEOs’ tendencies to take risks
Login