{"id":"https://openalex.org/W4410462878","doi":"https://doi.org/10.1080/09537325.2025.2506128","title":"The effects of state-owned strategic investors on ambidextrous innovation in private firms","display_name":"The effects of state-owned strategic investors on ambidextrous innovation in private firms","publication_year":2025,"publication_date":"2025-05-17","ids":{"openalex":"https://openalex.org/W4410462878","doi":"https://doi.org/10.1080/09537325.2025.2506128"},"language":"en","primary_location":{"id":"doi:10.1080/09537325.2025.2506128","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2025.2506128","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,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis & Strategic Management","raw_type":"journal-article"},"type":"article","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/A5101820710","display_name":"Xin Wang","orcid":"https://orcid.org/0000-0002-9351-0231"},"institutions":[{"id":"https://openalex.org/I99065089","display_name":"Tsinghua University","ror":"https://ror.org/03cve4549","country_code":"CN","type":"education","lineage":["https://openalex.org/I99065089"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xin Wang","raw_affiliation_strings":["Tsinghua University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Tsinghua University","institution_ids":["https://openalex.org/I99065089"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5109752423","display_name":"Xiying Zhao","orcid":null},"institutions":[{"id":"https://openalex.org/I125839683","display_name":"Beijing Institute of Technology","ror":"https://ror.org/01skt4w74","country_code":"CN","type":"education","lineage":["https://openalex.org/I125839683","https://openalex.org/I890469752"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xiying Zhao","raw_affiliation_strings":["Beijing Institute of Technology"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Beijing Institute of Technology","institution_ids":["https://openalex.org/I125839683"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5010564366","display_name":"Yining Yu","orcid":"https://orcid.org/0000-0001-9011-2388"},"institutions":[{"id":"https://openalex.org/I99065089","display_name":"Tsinghua University","ror":"https://ror.org/03cve4549","country_code":"CN","type":"education","lineage":["https://openalex.org/I99065089"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yanfang Yu","raw_affiliation_strings":["Tsinghua University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Tsinghua University","institution_ids":["https://openalex.org/I99065089"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5048349918","display_name":"Shaofu Du","orcid":"https://orcid.org/0000-0003-2133-1450"},"institutions":[{"id":"https://openalex.org/I126193024","display_name":"London Metropolitan University","ror":"https://ror.org/00ae33288","country_code":"GB","type":"education","lineage":["https://openalex.org/I126193024"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Shenglong Du","raw_affiliation_strings":["London Metropolitan University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"London Metropolitan University","institution_ids":["https://openalex.org/I126193024"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5109752423"],"corresponding_institution_ids":["https://openalex.org/I125839683"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.13912812,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"38","issue":"7","first_page":"1147","last_page":"1162"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9987000226974487,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9987000226974487,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.9926999807357788,"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/business","display_name":"Business","score":0.7904179096221924},{"id":"https://openalex.org/keywords/state-owned","display_name":"State owned","score":0.7765874862670898},{"id":"https://openalex.org/keywords/business-administration","display_name":"Business administration","score":0.41080406308174133},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.33094191551208496},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.11716172099113464},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.08865013718605042}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.7904179096221924},{"id":"https://openalex.org/C3020225985","wikidata":"https://www.wikidata.org/wiki/Q2396633","display_name":"State owned","level":2,"score":0.7765874862670898},{"id":"https://openalex.org/C178550888","wikidata":"https://www.wikidata.org/wiki/Q2043282","display_name":"Business administration","level":1,"score":0.41080406308174133},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.33094191551208496},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.11716172099113464},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.08865013718605042}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/09537325.2025.2506128","is_oa":false,"landing_page_url":"https://doi.org/10.1080/09537325.2025.2506128","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,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Technology Analysis & Strategic Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.5799999833106995,"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W2013783894","https://openalex.org/W2055655842","https://openalex.org/W2111558694","https://openalex.org/W2123293454","https://openalex.org/W2134178609","https://openalex.org/W2188375580","https://openalex.org/W2316509495","https://openalex.org/W2344740847","https://openalex.org/W2362441765","https://openalex.org/W2366892266","https://openalex.org/W2394145794","https://openalex.org/W2531536484","https://openalex.org/W2633033970","https://openalex.org/W2789829351","https://openalex.org/W2800327305","https://openalex.org/W2908827214","https://openalex.org/W2957761310","https://openalex.org/W3023100813","https://openalex.org/W3121239293","https://openalex.org/W3121786372","https://openalex.org/W3122104099","https://openalex.org/W3123091495","https://openalex.org/W3123802473","https://openalex.org/W3125193991","https://openalex.org/W3126058000","https://openalex.org/W3214924513","https://openalex.org/W4235958131","https://openalex.org/W4280558983","https://openalex.org/W4285804013","https://openalex.org/W4408175751"],"related_works":["https://openalex.org/W4391375266","https://openalex.org/W3109704956","https://openalex.org/W3103619047","https://openalex.org/W4389999356","https://openalex.org/W2765646305","https://openalex.org/W3015977713","https://openalex.org/W2980164204","https://openalex.org/W2192670466","https://openalex.org/W3007553014","https://openalex.org/W3009514698"],"abstract_inverted_index":{"We":[0],"conducted":[1],"a":[2,27,178],"data":[3],"collection":[4],"from":[5,20],"privately-listed":[6],"companies":[7],"on":[8,48,150,162],"China\u2019s":[9],"A-share":[10],"market":[11],"within":[12,133],"the":[13,42,49,76,84,101,107,114,123,142,154],"Shanghai":[14],"and":[15,68,106,172,175,183],"Shenzhen":[16],"stock":[17],"exchanges,":[18],"spanning":[19],"2007":[21],"to":[22,40,98],"2020.":[23],"This":[24],"resulted":[25],"in":[26,165,170,184],"comprehensive":[28],"sample":[29],"size":[30],"of":[31,44,52,78,88,103,109,125,157,181],"13,486":[32],"unique":[33],"firm-year":[34],"observations.":[35],"Our":[36],"primary":[37],"objective":[38],"was":[39],"scrutinise":[41],"influence":[43],"state-owned":[45,79,126,159],"strategic":[46,80,127,160],"investors":[47,81,93,128,147,161],"ambidextrous":[50,85,151,163],"innovation":[51,86,99,164],"private":[53,89,134,166],"firms.":[54,90,135],"Empirical":[55],"analyses":[56],"were":[57],"performed":[58],"using":[59],"methodologies":[60],"such":[61],"as":[62],"ordinary":[63],"least":[64],"squares":[65],"(OLS)":[66],"regression":[67],"fixed":[69],"effects":[70],"models.":[71],"The":[72],"findings":[73],"reveal":[74],"that":[75,122,145],"presence":[77],"significantly":[82],"bolsters":[83],"capabilities":[87],"Specifically,":[91],"these":[92,146],"foster":[94],"an":[95],"environment":[96],"conducive":[97],"through":[100],"augmentation":[102],"government":[104],"subsidies":[105],"alleviation":[108],"financing":[110],"constraints,":[111],"thus":[112],"demonstrating":[113],"resource":[115],"effect":[116,156],"pathway.":[117],"However,":[118],"it":[119],"is":[120,168],"noteworthy":[121],"involvement":[124],"also":[129],"escalates":[130],"agency":[131],"costs":[132],"Consequently,":[136],"this":[137],"heightened":[138],"governance":[139],"burden":[140],"mitigates":[141],"positive":[143],"impact":[144],"initially":[148],"have":[149],"innovation.":[152],"Additionally,":[153],"promotion":[155],"introducing":[158],"firms":[167,174],"better":[169],"small":[171],"medium-sized":[173],"those":[176],"with":[177],"low":[179],"level":[180],"marketisation":[182],"competitive":[185],"industries.":[186]},"counts_by_year":[],"updated_date":"2026-06-30T06:16:30.551410","created_date":"2025-10-10T00:00:00"}