数据百言堂之学术论坛第三十七讲:Customer Concentration,Firm R&D Investment and Moderation Effects
发布者:钟娜 发布时间:2024-06-06 浏览次数:120


报告时间、地点:  

报告时间:2024年6月17日,星期一,上午9:30-11:30

报告地点:华南理工大学 大学城校区 B10 南座 202


报告摘要: 

Building on resource dependence theory (RDT) and attention-based view(ABV), this research examines the impact of customer concentration on firm R&D investment and the conditional factors. We argue a firm with heavy reliance on a restricted number of major customers will have a lower level of firm R&D investment due to loss of discretion in decision-making and increase operational risks. Moreover, the external environmental factors - competitive intensity, intellectual property right(IPR) protection - and the internal cognitive factor - management myopia - of the firm will exacerbate the negative effect. Using econometric modelling, we examine a large sample of A-share listed firms in Shanghai and Shenzhen stock markets spanning 2008-2017(14,203 firm-year observations), the findings support our hypotheses. Furthermore, the results withstand a series of robustness checks, including the instrumental variable method and propensity score matching. This research adds to the customer concentration studies and RDT literature by uncovering a dark side of firms’ concentrated customer base and the situational factors that strengthen this effect. It also marks an early empirical analysis of ABV-based prediction.


主讲人简介:

Xinming He 是英国杜伦大学国际战略教授、国际研究中心主任。他还是英国文化协会(British Council)StudyUKHEI的顾问。他先后在厦门大学和伦敦国王学院获得博士学位。他的主要研究领域是国际营销和围际战略,在Journal of Management,ournal of World Business, Journal of Product Innovation Management, Journal ofInternational Marketing, Journal of International Management, Journal of Business ResearchManagement International Review等国际学术期刊发表众多文章。他的研究获得众多认可,比如2022年度S Tamer Cavusgil Best Paper Award at CIMaR Annual Conference.他是Journal of Business Research (Elsevier)和Asian Business & Management (Palgrave)的副主编、Asia Pacific Journal of Management (Springer)和International Journal of Emerging英国UKRI“未来研究领袖”项目评审学院成员、Markets(Emerald)的编委会成员、中国自科优青项目评审、厦门大学客座教授。