Unpacking the Impact of OFDI Speed and Rhythm on Innovation Performance: Evidence from Chinese Firms

IF 2.6 4区 管理学 Q3 MANAGEMENT Management and Organization Review Pub Date : 2022-05-16 DOI:10.1017/mor.2022.8
Xiaobo Wu, Jian Du, Yue Xu, Hongqi Xu, Shanli Zhu
{"title":"Unpacking the Impact of OFDI Speed and Rhythm on Innovation Performance: Evidence from Chinese Firms","authors":"Xiaobo Wu, Jian Du, Yue Xu, Hongqi Xu, Shanli Zhu","doi":"10.1017/mor.2022.8","DOIUrl":null,"url":null,"abstract":"ABSTRACT In this study, we focus on the temporal behaviors – speed and rhythm – of outward foreign direct investment (OFDI) by emerging multinational enterprises (EMNEs) and examine the effect of such behaviors on innovation performance. Using a learning perspective, we argue that OFDI speed has an inverted U-shaped effect on EMNEs’ innovation performance, whereas the relationship between the uneven rhythm of OFDI and innovation performance is negative. The results, based on OFDI panel data of 1,092 Chinese firms, support our predictions that a moderate OFDI speed and a more regular pattern of OFDI expansion provide sources of competitiveness and contribute to firms’ innovation performance. 摘要 本研究以新兴跨国企业对外直接投资的时间行为(包括速度和节奏)为研究对象,考察了这种行为对创新绩效的影响。本研究从学习视角出发提出对外直接投资速度对新兴市场国家创新绩效的影响呈倒U型,而对外直接投资节奏的不均匀性与创新绩效呈负相关。基于385家中国企业1092个对外直接投资的面板数据,研究结果支持了我们的预测,即适度的对外直接投资速度和更有规律的对外直接投资扩张模式能够提供竞争力来源并促进企业创新绩效。","PeriodicalId":47798,"journal":{"name":"Management and Organization Review","volume":null,"pages":null},"PeriodicalIF":2.6000,"publicationDate":"2022-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Management and Organization Review","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1017/mor.2022.8","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 2

Abstract

ABSTRACT In this study, we focus on the temporal behaviors – speed and rhythm – of outward foreign direct investment (OFDI) by emerging multinational enterprises (EMNEs) and examine the effect of such behaviors on innovation performance. Using a learning perspective, we argue that OFDI speed has an inverted U-shaped effect on EMNEs’ innovation performance, whereas the relationship between the uneven rhythm of OFDI and innovation performance is negative. The results, based on OFDI panel data of 1,092 Chinese firms, support our predictions that a moderate OFDI speed and a more regular pattern of OFDI expansion provide sources of competitiveness and contribute to firms’ innovation performance. 摘要 本研究以新兴跨国企业对外直接投资的时间行为(包括速度和节奏)为研究对象,考察了这种行为对创新绩效的影响。本研究从学习视角出发提出对外直接投资速度对新兴市场国家创新绩效的影响呈倒U型,而对外直接投资节奏的不均匀性与创新绩效呈负相关。基于385家中国企业1092个对外直接投资的面板数据,研究结果支持了我们的预测,即适度的对外直接投资速度和更有规律的对外直接投资扩张模式能够提供竞争力来源并促进企业创新绩效。
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
对外直接投资速度和节奏对创新绩效的影响——来自中国企业的证据
ABSTRACT In this study, we focus on the temporary behaviors – speed and rhythm – of outbound direct investment (OFDI) by emerging multinational enterprises (EMNEs) and examine the effect of such behaviors on innovation performance Using a learning perspective, we argue that OFDI speed has an inverted U-shaped effect on EMNEs' innovation performance, where as the relationship between the uneven rhythm of OFDI and innovation performance is negative The results, based on OFDI panel data of 1092 Chinese firms, support our predictions that a modeled OFDI speed and a more regular pattern of OFDI expansion provide sources of competitiveness and contribution to firms'innovation performance Abstract: This study focuses on the temporal behavior (including speed and rhythm) of emerging multinational corporations' outward direct investment, and examines the impact of this behavior on innovation performance. This study proposes from a learning perspective that the impact of the speed of outward direct investment on innovation performance in emerging market countries presents an inverted U-shaped pattern, while the uneven pace of outward direct investment is negatively correlated with innovation performance. Based on panel data of 1092 outward direct investments from 385 Chinese companies, the research results support our prediction that moderate outward direct investment speed and more regular outward direct investment expansion models can provide a source of competitiveness and promote innovation performance of enterprises.
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
CiteScore
5.20
自引率
3.40%
发文量
41
期刊最新文献
Responsible Research: Reflections of Two Business Scholars Doing Mental Health Research During COVID-19 Follow the Giver: Is Chinese MNEs’ Investment in Africa Linked to Official Aid? Local Gambling Culture and Enterprise Bribery: A Social Norms Theory Perspective Stretch Goals and Radical Creativity: Cognitive Flexibility as a Key Contingency Multiple Large Shareholders, Identity, and Corporate Tax Avoidance
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1