Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/33169
Title: An audit of technological innovation capabilities in Chinese firms : some empirical findings in Beijing, China
Authors: Yam, RCM
Guan, JC
Pun, KF
Tang, EPY
Keywords: Chinese firms
Innovation audit
Technological innovation capability
Issue Date: 2004
Publisher: Elsevier Science Bv
Source: Research policy, 2004, v. 33, no. 8, p. 1123-1140 How to cite?
Journal: Research Policy 
Abstract: Recent studies have advocated different technological innovation capabilities (TICs) and discussed their impact on a firm's competitive performance. This paper introduces a study framework of innovation audit and examines the relevance of seven TICs to building and sustaining the competitiveness of Chinese firms. Empirical data was acquired through a recent study of 213 Chinese firms in Beijing, China. Regression analysis was employed to examine the correlation between TICs and innovation rate, sales growth, and product competitiveness among these firms. The findings verify that R&D and resources allocation capabilities are the two most important TICs. A strong R&D capability could safeguard innovation rate and product competitiveness in large and medium-sized firms, whereas a resources allocation capability would enhance the sales growth in small firms. However, the impact of learning and organising capabilities on a firm's innovation performance has yet to be investigated. The findings of this paper suggest that Chinese firms should consider a more balanced focus on their TICs' harmonising enhancement. In order to maintain their sustainable development, effectively plan and implement their innovation strategies as well as enhance their whole innovation capability, Chinese firms should closely relate their TICs to the formulation of technology strategy and harmonisation of innovation and R&D activities.
URI: http://hdl.handle.net/10397/33169
ISSN: 0048-7333
DOI: 10.1016/j.respol.2004.05.004
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