{"id":"https://openalex.org/W4411244285","doi":"https://doi.org/10.1080/09537325.2025.2517674","title":"Heterogeneity of institutional investors, export intensity, and R&D investments in emerging economy firms","display_name":"Heterogeneity of institutional investors, export intensity, and R&D investments in emerging economy firms","publication_year":2025,"publication_date":"2025-06-12","ids":{"openalex":"https://openalex.org/W4411244285","doi":"https://doi.org/10.1080/09537325.2025.2517674"},"language":"en","primary_location":{"id":"doi:10.1080/09537325.2025.2517674","doi":"https://doi.org/10.1080/09537325.2025.2517674","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2025.2517674","pdf_url":null,"source":{"id":"https://openalex.org/S130699561","display_name":"Technology Analysis and Strategic Management","issn_l":"0953-7325","issn":["0953-7325","1465-3990"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis &amp; Strategic Management","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030171702","display_name":"Sandeep Yadav","orcid":"https://orcid.org/0000-0002-5030-6724","observed_orcids":["https://orcid.org/0000-0002-5030-6724"]},"institutions":[{"id":"https://openalex.org/I44430492","display_name":"Indian Institute of Management Bangalore","ror":"https://ror.org/02xxpjq61","country_code":"IN","type":"education","lineage":["https://openalex.org/I44430492"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Sandeep Yadav","raw_affiliation_strings":["Indian Institute of Management Bangalore","Strategy Area, Indian Institute of Management Bangalore, Bengaluru, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Indian Institute of Management Bangalore","institution_ids":["https://openalex.org/I44430492"]},{"raw_affiliation_string":"Strategy Area, Indian Institute of Management Bangalore, Bengaluru, India","institution_ids":["https://openalex.org/I44430492"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5004984438","display_name":"Jagriti Srivastava","orcid":"https://orcid.org/0000-0002-6121-995X","observed_orcids":["https://orcid.org/0000-0002-6121-995X"]},"institutions":[{"id":"https://openalex.org/I4210123047","display_name":"Indian Institute of Management Amritsar","ror":"https://ror.org/02nthw835","country_code":"IN","type":"education","lineage":["https://openalex.org/I4210123047"]}],"countries":["IN"],"is_corresponding":true,"raw_author_name":"Jagriti Srivastava","raw_affiliation_strings":["Indian Institute of Management Amritsar","Finance, Accounting, and Control area, Indian Institute of Management Amritsar, Amritsar, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Indian Institute of Management Amritsar","institution_ids":["https://openalex.org/I4210123047"]},{"raw_affiliation_string":"Finance, Accounting, and Control area, Indian Institute of Management Amritsar, Amritsar, India","institution_ids":["https://openalex.org/I4210123047"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5004984438"],"corresponding_institution_ids":["https://openalex.org/I4210123047"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"38","issue":"8","first_page":"1425","last_page":"1442"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.926800012588501,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.926800012588501,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.029500000178813934,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.022299999371170998,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/institutional-investors","display_name":"institutional investors","score":0.921999990940094},{"id":"https://openalex.org/keywords/r-d-investment","display_name":"R&D investment","score":0.8970000147819519},{"id":"https://openalex.org/keywords/export-intensity","display_name":"export intensity","score":0.9419999718666077},{"id":"https://openalex.org/keywords/emerging-market-firms","display_name":"emerging market firms","score":0.7400000095367432},{"id":"https://openalex.org/keywords/mutual-funds","display_name":"mutual funds","score":0.8370000123977661},{"id":"https://openalex.org/keywords/foreign-institutional-investors","display_name":"foreign institutional investors","score":0.9990000128746033},{"id":"https://openalex.org/keywords/ownership-heterogeneity","display_name":"ownership heterogeneity","score":0.6549999713897705},{"id":"https://openalex.org/keywords/indian-firms","display_name":"Indian companies","score":0.6570000052452087}],"concepts":[{"id":"https://openalex.org/C2780888560","wikidata":"https://www.wikidata.org/wiki/Q9852","display_name":"R&D intensity","level":2,"score":0.6302614212036133},{"id":"https://openalex.org/C93038891","wikidata":"https://www.wikidata.org/wiki/Q1061524","display_name":"Intensity (physics)","level":2,"score":0.5594198107719421},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5131698250770569},{"id":"https://openalex.org/C206757995","wikidata":"https://www.wikidata.org/wiki/Q1665188","display_name":"Institutional investor","level":3,"score":0.4978468418121338},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.45716890692710876},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4036935865879059},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.37932249903678894},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3339129090309143},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2921440601348877},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.05174317955970764},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/09537325.2025.2517674","doi":"https://doi.org/10.1080/09537325.2025.2517674","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2025.2517674","pdf_url":null,"source":{"id":"https://openalex.org/S130699561","display_name":"Technology Analysis and Strategic Management","issn_l":"0953-7325","issn":["0953-7325","1465-3990"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis &amp; Strategic Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.48510000109672546},{"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure","score":0.428600013256073}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":58,"referenced_works":["https://openalex.org/W1541817185","https://openalex.org/W1910832905","https://openalex.org/W1920202584","https://openalex.org/W1980734883","https://openalex.org/W1980934528","https://openalex.org/W1986521448","https://openalex.org/W1987235763","https://openalex.org/W2008907714","https://openalex.org/W2030937327","https://openalex.org/W2048167094","https://openalex.org/W2056139091","https://openalex.org/W2060508238","https://openalex.org/W2061960606","https://openalex.org/W2071263376","https://openalex.org/W2081908573","https://openalex.org/W2096330200","https://openalex.org/W2110187657","https://openalex.org/W2113232365","https://openalex.org/W2129188456","https://openalex.org/W2134142947","https://openalex.org/W2139122730","https://openalex.org/W2142551384","https://openalex.org/W2142620008","https://openalex.org/W2144394929","https://openalex.org/W2149550004","https://openalex.org/W2165688597","https://openalex.org/W2166570637","https://openalex.org/W2216086842","https://openalex.org/W2233777040","https://openalex.org/W2259093212","https://openalex.org/W2328534103","https://openalex.org/W2551347615","https://openalex.org/W2587578636","https://openalex.org/W2739050137","https://openalex.org/W2887915005","https://openalex.org/W2911562071","https://openalex.org/W2913615852","https://openalex.org/W2977211718","https://openalex.org/W2995228718","https://openalex.org/W3034770031","https://openalex.org/W3084282147","https://openalex.org/W3097966956","https://openalex.org/W3110257133","https://openalex.org/W3122034794","https://openalex.org/W3122275327","https://openalex.org/W3123048061","https://openalex.org/W3124478565","https://openalex.org/W3125062024","https://openalex.org/W3152204896","https://openalex.org/W3165824525","https://openalex.org/W3173021565","https://openalex.org/W4213116436","https://openalex.org/W4247301827","https://openalex.org/W4249363627","https://openalex.org/W4281666616","https://openalex.org/W4298413470","https://openalex.org/W4313478418","https://openalex.org/W4391166339"],"related_works":["https://openalex.org/W4392775043","https://openalex.org/W3171480744","https://openalex.org/W4312389140","https://openalex.org/W2329139029","https://openalex.org/W103203462","https://openalex.org/W3113512846","https://openalex.org/W2614123050","https://openalex.org/W2817366402","https://openalex.org/W3083633532","https://openalex.org/W2913615852"],"abstract_inverted_index":{"Drawing":[0],"from":[1],"institutional":[2,13,29,60,73,81,119,140],"theory":[3],"and":[4,17,79,107,123,142],"behaviour":[5],"risk":[6,15],"agency":[7],"perspective,":[8],"we":[9],"argue":[10],"that":[11,58,94],"various":[12],"investors\u2019":[14,61],"propensity":[16],"perception":[18],"towards":[19],"emerging":[20],"market":[21],"firms\u2019":[22,95,124],"R&D":[23,66,86,108,125,144],"investments":[24],"are":[25],"contingent":[26],"on":[27],"the":[28,52,85,100,115,136],"context.":[30],"We":[31,91],"examine":[32],"a":[33,44],"longitudinal":[34],"sample":[35],"of":[36,40,46,89],"11,359":[37],"firm-year":[38],"observations":[39],"Indian":[41],"firms":[42],"for":[43,132],"period":[45],"20":[47],"years":[48],"(2005-2024)":[49],"to":[50,138],"test":[51],"proposed":[53],"hypothesis.":[54],"Our":[55,127],"findings":[56,128],"suggest":[57],"pressure-sensitive":[59],"(PSIIs)":[62],"ownership":[63,70,106,122],"negatively":[64,98],"impacts":[65],"investment":[67,87],"decisions.":[68],"The":[69],"by":[71],"pressure-resistant":[72],"investors":[74,120,141],"(PRIIs":[75],"-":[76],"mutual":[77,103],"funds":[78,104],"foreign":[80,118],"investors)":[82],"positively":[83,113],"affects":[84],"decisions":[88],"firms.":[90],"also":[92],"find":[93],"export":[96],"intensity":[97],"moderates":[99,114],"association":[101,116],"between":[102,117],"(MFs)":[105],"investment.":[109,126],"In":[110],"contrast,":[111],"it":[112],"(FIIs)":[121],"have":[129],"important":[130],"implications":[131],"policymakers":[133],"in":[134],"strengthening":[135],"environment":[137],"protect":[139],"encourage":[143],"investments.":[145]},"counts_by_year":[],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2025-10-10T00:00:00"}
