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|Title:||Effects of government R&D grants on IT entrepreneurial firm performance: A new perspective on exploration vs. exploitation|
Government R and D grants
|Source:||Chen, J.,Jin, Y.,Heng, C.S.,Tan, B.C.Y. (2012). Effects of government R&D grants on IT entrepreneurial firm performance: A new perspective on exploration vs. exploitation. International Conference on Information Systems, ICIS 2012 5 : 4226-4236. ScholarBank@NUS Repository.|
|Abstract:||Governments keep subsidizing R&D of IT entrepreneurial firms greatly. However, the effect of these grants remains unclear. Acknowledging this gap, this study provides a nuanced perspective to understand the influence of government R&D grants on IT entrepreneurial firm performance. Based on the literature on organizational learning, we categorize government R&D grants into two types: explorative vs. exploitative. Moreover, drawing on resource complementarity theory, we articulate how the two types of government R&D grants interact with firms' private R&D resources. In particular, we hypothesize that in the innovation stage, government explorative R&D grants complement a firm's internal exploration in influencing innovation performance, but substitute a firm's external exploration. We further posit that in the commercialization stage, government exploitative R&D grants complement a firm's innovation performance and internal exploitation in impacting financial performance, but substitute a firm's external exploitation. We advance a theory of public-private R&D interaction for IT entrepreneurial firms. © 2012 by the AIS/ICIS Administrative Office All rights reserved.|
|Source Title:||International Conference on Information Systems, ICIS 2012|
|Appears in Collections:||Staff Publications|
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