The importance of institutional and financial resources for export performance associated with technological innovation

This study adopts a resource contingency perspective to examine the impact of technological innovation on export performance manufacturing firms. In view institutional voids and capital market imperfections in emerging economies, we propose that two types resources, resources financial are differential value innovation-exports nexus. Empirical results, based large sample Chinese firms, show embodied patent has positive effect exports, but such is diminished by (captured state-ownership, business group affiliation government subsidy) enhanced internal slack).