{"id":"https://openalex.org/W7155717889","doi":"https://doi.org/10.1504/ijwmc.2026.153164","title":"How does common institutional ownership affect the high-quality development of private manufacturing firms: based on the perspective of R&amp;D investment","display_name":"How does common institutional ownership affect the high-quality development of private manufacturing firms: based on the perspective of R&amp;D investment","publication_year":2026,"publication_date":"2026-01-01","ids":{"openalex":"https://openalex.org/W7155717889","doi":"https://doi.org/10.1504/ijwmc.2026.153164"},"language":"en","primary_location":{"id":"doi:10.1504/ijwmc.2026.153164","is_oa":false,"landing_page_url":"https://doi.org/10.1504/ijwmc.2026.153164","pdf_url":null,"source":{"id":"https://openalex.org/S168395412","display_name":"International Journal of Wireless and Mobile Computing","issn_l":"1741-1084","issn":["1741-1084","1741-1092"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310317825","host_organization_name":"Inderscience Publishers","host_organization_lineage":["https://openalex.org/P4310317825"],"host_organization_lineage_names":["Inderscience Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Wireless and Mobile Computing","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/A5041261042","display_name":"Jie Wang","orcid":"https://orcid.org/0000-0002-3024-1193"},"institutions":[{"id":"https://openalex.org/I4210125098","display_name":"Hangzhou Vocational and Technical College","ror":"https://ror.org/03jjm4b17","country_code":"CN","type":"education","lineage":["https://openalex.org/I4210125098"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jie Wang","raw_affiliation_strings":["Business & Tourism Institute, Hangzhou Vocational & Technical College, Hangzhou, Zhejiang, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Business & Tourism Institute, Hangzhou Vocational & Technical College, Hangzhou, Zhejiang, China","institution_ids":["https://openalex.org/I4210125098"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5071563471","display_name":"Xusheng Fang","orcid":"https://orcid.org/0000-0001-8211-3786"},"institutions":[{"id":"https://openalex.org/I75059550","display_name":"Zhejiang Gongshang University","ror":"https://ror.org/0569mkk41","country_code":"CN","type":"education","lineage":["https://openalex.org/I75059550"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xusheng Fang","raw_affiliation_strings":["School of Business Administration, Zhejiang Gongshang University, Hangzhou, Zhejiang, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Business Administration, Zhejiang Gongshang University, Hangzhou, Zhejiang, China","institution_ids":["https://openalex.org/I75059550"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5134626796","display_name":"Haiming Zhang","orcid":null},"institutions":[{"id":"https://openalex.org/I165225704","display_name":"Xizang Minzu University","ror":"https://ror.org/042170a43","country_code":"CN","type":"education","lineage":["https://openalex.org/I165225704"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Haiming Zhang","raw_affiliation_strings":["School of Management, Xizang Minzu University, Shanxi, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management, Xizang Minzu University, Shanxi, China","institution_ids":["https://openalex.org/I165225704"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5079258366","display_name":"Jiangjun Yuan","orcid":"https://orcid.org/0000-0002-4307-5737"},"institutions":[{"id":"https://openalex.org/I4210125098","display_name":"Hangzhou Vocational and Technical College","ror":"https://ror.org/03jjm4b17","country_code":"CN","type":"education","lineage":["https://openalex.org/I4210125098"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jiangjun Yuan","raw_affiliation_strings":["Business & Tourism Institute, Hangzhou Vocational & Technical College, Hangzhou, Zhejiang, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Business & Tourism Institute, Hangzhou Vocational & Technical College, Hangzhou, Zhejiang, China","institution_ids":["https://openalex.org/I4210125098"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.49280958,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"30","issue":"3","first_page":"257","last_page":"265"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.5996999740600586,"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":0.5996999740600586,"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/T12851","display_name":"Firm Innovation and Growth","score":0.1454000025987625,"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":0.04529999941587448,"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/robustness","display_name":"Robustness (evolution)","score":0.6410999894142151},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.4984000027179718},{"id":"https://openalex.org/keywords/china","display_name":"China","score":0.4952000081539154},{"id":"https://openalex.org/keywords/perspective","display_name":"Perspective (graphical)","score":0.4916999936103821},{"id":"https://openalex.org/keywords/empirical-research","display_name":"Empirical research","score":0.41339999437332153},{"id":"https://openalex.org/keywords/resource","display_name":"Resource (disambiguation)","score":0.37940001487731934},{"id":"https://openalex.org/keywords/empirical-evidence","display_name":"Empirical evidence","score":0.3765999972820282},{"id":"https://openalex.org/keywords/propensity-score-matching","display_name":"Propensity score matching","score":0.37610000371932983}],"concepts":[{"id":"https://openalex.org/C63479239","wikidata":"https://www.wikidata.org/wiki/Q7353546","display_name":"Robustness (evolution)","level":3,"score":0.6410999894142151},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6065999865531921},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.4984000027179718},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.4952000081539154},{"id":"https://openalex.org/C12713177","wikidata":"https://www.wikidata.org/wiki/Q1900281","display_name":"Perspective (graphical)","level":2,"score":0.4916999936103821},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.4284000098705292},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.41339999437332153},{"id":"https://openalex.org/C206345919","wikidata":"https://www.wikidata.org/wiki/Q20380951","display_name":"Resource (disambiguation)","level":2,"score":0.37940001487731934},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.3765999972820282},{"id":"https://openalex.org/C17923572","wikidata":"https://www.wikidata.org/wiki/Q7250160","display_name":"Propensity score matching","level":2,"score":0.37610000371932983},{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.3601999878883362},{"id":"https://openalex.org/C206757995","wikidata":"https://www.wikidata.org/wiki/Q1665188","display_name":"Institutional investor","level":3,"score":0.35920000076293945},{"id":"https://openalex.org/C147887874","wikidata":"https://www.wikidata.org/wiki/Q16252774","display_name":"Institutional theory","level":2,"score":0.33219999074935913},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.3305000066757202},{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.328000009059906},{"id":"https://openalex.org/C2777506082","wikidata":"https://www.wikidata.org/wiki/Q2396633","display_name":"State ownership","level":3,"score":0.3165000081062317},{"id":"https://openalex.org/C175700187","wikidata":"https://www.wikidata.org/wiki/Q187939","display_name":"Manufacturing","level":2,"score":0.3149999976158142},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3142000138759613},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.311599999666214},{"id":"https://openalex.org/C121426985","wikidata":"https://www.wikidata.org/wiki/Q591763","display_name":"Private sector","level":2,"score":0.29089999198913574},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.26579999923706055},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.2603999972343445}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1504/ijwmc.2026.153164","is_oa":false,"landing_page_url":"https://doi.org/10.1504/ijwmc.2026.153164","pdf_url":null,"source":{"id":"https://openalex.org/S168395412","display_name":"International Journal of Wireless and Mobile Computing","issn_l":"1741-1084","issn":["1741-1084","1741-1092"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310317825","host_organization_name":"Inderscience Publishers","host_organization_lineage":["https://openalex.org/P4310317825"],"host_organization_lineage_names":["Inderscience Publishers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Wireless and Mobile Computing","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.4158318042755127,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":[],"abstract_inverted_index":{"The":[0,81],"high-quality":[1],"development":[2],"of":[3,103,128],"private":[4,24,42,59,104],"manufacturing":[5,25,43],"firms":[6,44,140],"is":[7,123,131],"important":[8],"for":[9,151],"enhancing":[10],"China's":[11],"international":[12],"competitiveness.":[13],"In":[14],"this":[15],"paper,":[16],"we":[17,51,107],"test":[18],"how":[19],"common":[20,54,86,111,144,155],"institutional":[21,55,87,112,145,156],"ownership":[22,56,88,113,146],"affects":[23],"firms'":[26,34,60],"R&D":[27,61,96],"investment,":[28,62],"a":[29,63,91,116,149],"decision":[30],"that":[31,53,65,85,110,139],"relates":[32],"to":[33,49,153],"long-term":[35],"value":[36],"creation.":[37],"Using":[38],"data":[39],"from":[40,47,143],"listed":[41],"in":[45],"China":[46],"2009":[48],"2022,":[50],"find":[52,109],"significantly":[57],"promotes":[58,95],"finding":[64],"still":[66],"holds":[67],"after":[68],"robustness":[69],"tests":[70],"using":[71],"propensity":[72],"score":[73],"matching,":[74],"replacing":[75],"key":[76],"variables":[77],"and":[78,125,147],"so":[79],"on.":[80],"mechanism":[82],"analysis":[83],"suggests":[84],"mainly":[89],"plays":[90],"resource":[92],"effect,":[93],"which":[94],"investment":[97],"by":[98],"alleviating":[99],"the":[100,126],"financing":[101],"constraints":[102],"firms.":[105],"Finally,":[106],"also":[108],"can":[114,141],"play":[115],"greater":[117],"role":[118],"when":[119],"economic":[120],"policy":[121],"uncertainty":[122],"high":[124],"level":[127],"analyst":[129],"following":[130],"high.":[132],"This":[133],"study":[134],"provides":[135,148],"new":[136],"empirical":[137],"evidence":[138],"benefit":[142],"reference":[150],"authorities":[152],"guide":[154],"investors.":[157]},"counts_by_year":[],"updated_date":"2026-04-28T06:04:28.489925","created_date":"2026-04-27T00:00:00"}
