Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7429277 | Journal of Innovation & Knowledge | 2018 | 19 Pages |
Abstract
This study assessed the generalizability of Bowman's paradox across 12,235 firms from 28 countries. Cross-sectional and longitudinal relationships between risk and return provided broad support for the presence of Bowman's paradox in diverse country settings (Asia, Europe, and South Africa), except India, Japan, and South Korea, where the relationship was positive. This replication confirms that Bowman's paradox generally holds across diverse institutional and cultural settings and supports prior studies on Bowman's paradox based on US samples.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Management of Technology and Innovation
Authors
Pankaj C. Patel, Mingxiang Li, Haemin Dennis Park,