臺灣博碩士論文加值系統

本文利用美國1998至2006年間3,336間上市櫃公司為樣本，討論員工關係對科技創新的影響。實證結果顯示，有較佳員工關係的公司有較多的專利數目、專利引用數目及平均每位員工專利數目與專利引用數目。此結果代表好的員工關係有助於創新產出與創新生產力。

This paper investigates the effects of employee relations on technological innovations. The sample consists of 3,336 public listed companies in the United States from 1998 to 2006. The empirical results indicate that firms with better employee relations have higher patent counts, patent citations, patent counts per employee and patent citations per employee, which implies that better employee relations promote innovation.

口試委員會審定書 i
謝辭 ii
中文摘要 iii
Abstract iv
Tables vi
1. Introduction 1
2. Data and Methodology 4
2.1 Employee relations 4
2.2 Innovation measurement 5
2.3 Control variables 6
2.4 Sample and summary statistics 7
3. Employee Relations and Innovation Activity 8
3.1 GPTW, patent counts, and patent citations 8
3.2 ERI, patent counts, and patent citations 9
4. Conclusion 11
Reference 12

Acharya, V. V., Baghai, R. P., & Subramanian, K. V. (2014). Wrongful discharge laws and innovation. Review of Financial Studies, 27(1), 301-346.
Aghion, P., Van Reenen, J., & Zingales, L. (2013). Innovation and institutional ownership. American Economic Review, 103(1), 277-304.
Aghion, P., Bloom, N., Blundell, R., Griffith, R. & Howitt, P. (2005). Competition and innovation: An inverted-U relationship. Quarterly Journal of Economics, 120(2), 701-728.
Avis, W. (1989). The Funk & Wagnalls Canadian College Dictionary: A New Canadian and General Purpose Dictionary. Markham: Fitzhenry and Whiteside.
Carnevale, P. J., & Probst, T. M. (1998). Social values and social conflict in creative problem solving and categorization. Journal of Personality and Social Psychology, 74(5), 1300-1309.
Chang, X., Fu, K., Low, A., & Zhang, W. (2015). Non-executive employee stock options and corporate innovation. Journal of Financial Economics, 115(1), 168-188.
Edmans, A. (2011). Does the stock market fully value intangibles? Employee satisfaction and equity prices. Journal of Financial Economics, 101(3), 621-640.
Fang, V. W., Tian, X., & Tice, S. (2014). Does stock liquidity enhance or impede firm innovation? The Journal of Finance, 69(5), 2085-2125.
Galasso, A., & Simcoe, T. S. (2011). CEO overconfidence and innovation. Management Science, 57(8), 1469-1484.
Ghaly, M., Dang,V., Stathopoulos, K. (2015). Cash holdings and employee welfare. Journal of Corporate Finance, 33, 53-70.
Gopalakrishnan, S., & Damanpour, F. (1997). A review of innovation research in economics, sociology and technology management. Omega, 25(1), 15-28.
Hall, B. H., Jaffe, A., & Trajtenberg, M. (2002). The NBER patent citation data file: Lessons, insights and methodological tools. In Jaffe, A. and M. Trajtenberg (eds.) Patents, Citations and Innovations. Cambridge, MA: The MIT Press, 2002.
He, J., & Tian, X. (2013). The dark side of analyst coverage: The case of innovation. Journal of Financial Economics, 109(3), 856-878.
Hirshleifer, D., Low, A., & Teoh, S. H. (2012). Are overconfident CEOs better innovators? The Journal of Finance, 67(4), 1457-1498.
Kung, H., & Schmid, L. (2015). Innovation, growth, and asset prices. The Journal of Finance, 70(3), 1001-1037.
Patterson, M., Warr, P., & West, M. (2004). Organizational climate and company productivity: The role of employee affect and employee level. Journal of Occupational and Organizational Psychology, 77(2), 193-216.
Tian, X., & Wang, T. Y. (2014). Tolerance for failure and corporate innovation. Review of Financial Studies, 27(1), 211-255.
West, M. A., & Anderson, N. R. (1996). Innovation in top management groups. Journal of Applied Psychology, 81(6), 680-693.
Younge, K., & Marx, M. (2013). The market value of secrecy: Evidence from a natural experiment, Working paper, University of California, Berkeley.