Abstract
Product diversification has become a vital operational strategy for firms in emerging economies to achieve competitive advantages. However, insufficient attention has been paid to the impacts of product diversification on research and development. Based on resource-based view, this paper empirically examines whether product diversification influences the intensity of firms’ R&D investment and further discusses the functions of slack resources as a mediator. By employing a large sample of Chinese manufacturing firms, the investigation demonstrates that the product diversification has significant negative effects on firms’ R&D intensity, and slack resources plays a full mediating role between them.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
