WEKO3
アイテム
Ownership Structure and R&D Investment of Japanese Start-up Firms
http://hdl.handle.net/10086/13514
http://hdl.handle.net/10086/135149b9b8c9c-6d28-4981-b4a9-50fb4d7f4fce
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
wp2006-1a.pdf (385158 bytes)
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| アイテムタイプ | デフォルトアイテムタイプ（フル）その２(1) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 公開日 | 2017-05-20 | |||||||||||||
| タイトル | ||||||||||||||
| タイトル | Ownership Structure and R&D Investment of Japanese Start-up Firms | |||||||||||||
| 言語 | en | |||||||||||||
| 作成者 |
岡室, 博之
× 岡室, 博之
WEKO
24
× Zhang, Jian Xiong
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| 寄与者 | ||||||||||||||
| 寄与者タイプ | Editor | |||||||||||||
| 姓名 | Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University | |||||||||||||
| 言語 | en | |||||||||||||
| アクセス権 | ||||||||||||||
| アクセス権 | open access | |||||||||||||
| アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||||||||
| 主題 | ||||||||||||||
| 主題Scheme | Other | |||||||||||||
| 主題 | R&D | |||||||||||||
| 主題 | ||||||||||||||
| 主題Scheme | Other | |||||||||||||
| 主題 | Ownership Structure | |||||||||||||
| 主題 | ||||||||||||||
| 主題Scheme | Other | |||||||||||||
| 主題 | Start-up Firms | |||||||||||||
| 主題 | ||||||||||||||
| 主題Scheme | Other | |||||||||||||
| 主題 | Venture Capital | |||||||||||||
| 主題 | ||||||||||||||
| 主題Scheme | Other | |||||||||||||
| 主題 | Main Bank | |||||||||||||
| 内容記述 | ||||||||||||||
| 内容記述タイプ | Abstract | |||||||||||||
| 内容記述 | In this paper, we analyze the influence of ownership structure on the research and development (R&D) investment of start-up firms. Previous studies on the relationship between ownership and R&D have concentrated on the large, established firms listed on the stock market and have focused on the concentration of ownership, regardless of the types of large shareholders. We argue that the type of large shareholders is an important factor in promoting R&D investment under asymmetric information and that R&D projects, particularly those of start-up firms, strongly depend on the financing received from venture capital firms and main banks. Using a unique data set of the Japanese start-up firms in the 1990s, we found that, even after controlling for the innovativeness prior to the venture capital firm or main bank relationship, the shareholding by venture capital firms and main banks have, in fact, positive and significant effects on the R&D investment of start-up firms. | |||||||||||||
| 言語 | en | |||||||||||||
| 出版者 | ||||||||||||||
| 出版者 | Institute of Economic Research, Hitotsubashi University | |||||||||||||
| 日付 | ||||||||||||||
| 日付 | 2006-06 | |||||||||||||
| 日付タイプ | Issued | |||||||||||||
| 言語 | ||||||||||||||
| 言語 | eng | |||||||||||||
| 資源タイプ | ||||||||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||||||||||
| 資源タイプ | technical report | |||||||||||||
| 出版タイプ | ||||||||||||||
| 出版タイプ | VoR | |||||||||||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||||||||
| 関連情報 | ||||||||||||||
| 関連タイプ | isPartOf | |||||||||||||
| 関連名称 | CEI Working Paper Series ; No. 2006-1 | |||||||||||||
| 収録物識別子 | ||||||||||||||
| 収録物識別子タイプ | NCID | |||||||||||||
| 収録物識別子 | AA11590659 | |||||||||||||
| ページ数 | ||||||||||||||
| ページ数 | 26 | |||||||||||||
| JEL | ||||||||||||||
| 値 | G24 | |||||||||||||
| JEL | ||||||||||||||
| 値 | G32 | |||||||||||||
| JEL | ||||||||||||||
| 値 | O32 | |||||||||||||
