Impact of Corporate Culture on the Relationship between Efficient Technology Transfer and Business Performance

Abstract

This study focuses on the impact of corporate culture on the relationship between efficient technology transfer and a firm’s business performance, emphasizing a firm’s productivity and innovation capacity.  Exploratory factor analysis (EFA), confirmatory factor analysis (CFA) and structural equation modelling (SEM) multi-group analysis are used to analyze structured survey data from 223 Japanese manufacturing subsidiaries in Vietnam. The results indicate that efficient technology transfer has a 40 per cent positive effect on a firm’s productivity and a 29 per cent positive effect on its innovation capacity. Corporate culture produces significant differences in the effects of efficient technology transfer on business performance. The higher value the company places on learning, encourages staff to participate in decision making and accepts risk, the higher the success of a firm’s business performance with the efficiently transferred technology.