Does internationalization strategy promote enterprise innovation performance?—The moderating effect of environmental complexity

Author(s):  
Peng Xiao ◽  
Xiaoxia Sun
2021 ◽  
Vol 29 (5) ◽  
pp. 1-19
Author(s):  
Jing Li ◽  
Jun Wang

Under the background of digital economy, technological diversification and R&D internationalization are important strategic choices for eMNCs, represented by China, to seek advanced technological resources and create competitive advantages. This paper takes China's listed MNCs from 2009 to 2019 as the research object and applies a non-equilibrium panel negative binomial fixed effect regression to investigate the impact mechanism of technological diversification of China's MNCs on enterprise innovation performance and the moderating effect of overseas R&D networks. Results show that the related technological diversification of MNCs has a significant positive impact, and the unrelated technological diversification and their innovation performance are in inverted U-shaped relationship; overseas R&D networks have significant moderating effect while the breadth and depth of the moderating effect are not the same; significant differences exist in the moderating effect of overseas R&D networks due to the heterogeneity of institutional development levels among regions in China.


2018 ◽  
Vol 11 (3) ◽  
pp. 21
Author(s):  
Xiangjie Zheng

Clique problem has been fully researched in the social relations network of sociology,But the cliques in inter-enterprise networks have attracted people's attention in recent years. Based on the alliance data of the high-end equipment manufacturing industry in China in 2000-2013, we construct innovation network,and use negative binomial regression models to analyze the impact of the clique structure on enterprise innovation. The results show that the more the clique numbers in the alliance innovation network, the stronger the enterprise innovation capability. Whether the enterprises listed have a negative moderating effect on the impact of clique numbers on enterprise innovation performance. That is, for the listed enterprises, more clique numbers cannot significantly promote enterprise innovation, but for non-listed enterprises, more clique numbers are conducive to enterprise innovation. Innovation accumulation has no significant positive moderating effect on the impact of clique numbers on enterprise innovation performance. The impact of the coreness values on the enterprise innovative output in an inverted-U curvilinear way, and the coreness values also moderates the effect of innovation accumulation on enterprise innovation capability in an inverted-U curvilinear way. The conclusions of the research can provide the basis for the enterprise to embed the network cliques and for the relevant government departments to formulate the alliance policy.


2021 ◽  
Vol 275 ◽  
pp. 03070
Author(s):  
Kun Xie ◽  
Zhengluan Zhang

Can government subsidies improve enterprises’ technological innovation performance? Based on the A-share high-tech listed enterprises in Shanghai and Shenzhen Stock Exchange from 2015 to 2019, this paper empirically tests the micro policy effect of government subsidies on innovation performance of enterprises under the background of economic transformation, and the moderating effect of regional corruption, market competition and enterprise ownership concentration on this effect. The results show that the high quality signal transmitted by government subsidies is helpful for innovative enterprises to broaden the source of innovation resources and encourage enterprises to actively carry out innovative activities. Moderate level of regional corruption will promote the government subsidy effect, too high or too low level of corruption is not conducive to enterprise innovation; The higher the degree of market competition, the weaker the promoting effect of government subsidies on enterprise innovation; Corporate ownership concentration has a U-shaped moderating effect on government subsidies and innovation performance. Therefore, to improve the independent innovation ability of enterprises, on the one hand, we should continue to strengthen the government innovation subsidy and improve the subsidy system; on the other hand, we should strictly crackdown on corruption activities and supervise the establishment and improvement of the internal control system of enterprises, so as to give full play to the effect of government subsidies.


2017 ◽  
Vol 13 (3) ◽  
pp. 55-70 ◽  
Author(s):  
Qian Sun ◽  
Renyong Hou

Enterprises cannot innovate without knowledge, but the relationship between different knowledge forms and enterprise innovation performance remains unclear. Using data from hi-tech firms in Biolake of Optics Valley in China, this article explores the mechanism of knowledge forms and enterprise innovation performance. Results show that (1) knowledge stock has an inverse U-shaped relationship with enterprise innovation performance; (2) knowledge flows from internal R&D efforts and external collaborative innovation are positively correlated with enterprise innovation performance; (3) knowledge stock plays a positive moderating effect on knowledge flow from internal R&D efforts and enterprise innovation performance and a negative moderating effect on knowledge flow from external collaborative innovation and enterprise innovation performance. Suggestions about knowledge accumulation strategies and the knowledge resource loop in knowledge management practices are proposed.


2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Junguang Gao ◽  
Yuan Cheng ◽  
Hui He ◽  
Fuzhen Gu

Abstract Innovative startups can bring many benefits to society. Drawing on the social network theory (SNT) and resource-based view (RBV), with mix methods approach, this paper argues that as the primary path for startups acquiring external resources, social networks are beneficial to improving innovative startups’ innovation performance. Using a large amount of data from GEM (Global Entrepreneurship Monitor), this paper first runs correlation analysis and regression analysis to empirically analyze entrepreneurs’ social networks’ impact on China’s innovative startups’ innovation performance. The results show that both formal and informal social networks are positively correlated with innovative startups’ innovation performance. Then we consider the moderating effect of entrepreneurial competence and motivation. And the results show both entrepreneurial competence and motivation positively moderate the correlation above. Second, to explore the above correlation’s internal mechanism, we conduct semi-structured interviews with 14 entrepreneurs. Drawing on the resource management theory (RMT) and the process of cross-border knowledge search and assimilation, the mechanism model of entrepreneurs’ social networks on startups’ innovation performance is proposed through content analysis.


SAGE Open ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 215824402110071
Author(s):  
Ying Teng ◽  
Eli Gimmon ◽  
Wentong Lu

We examine how interlocking directorates influence innovation performance differentials between firms. Our study offers a new perspective of the effect of interlocking directorate ties upon innovation performance, focusing on network effects on interfirm performance. Using a sample of China’s listed companies for the period 2012–2016, we empirically examined the relationship between board interlocks and interfirm innovation performance differentials. The results demonstrate that the presence of board interlocks reduces interfirm innovation performance differentials and leads to a convergence of innovation performance between the connected companies. Furthermore, cross-level analysis found that the relationship between board interlocks and interfirm innovation performance differentials is moderated by the interfirm industry attributes and demographic characteristics of the board. This study expands the existing research in explaining the driving mechanism of enterprise innovation performance as affected by interlocking directorate ties.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Peinan Ji ◽  
Xiangbin Yan ◽  
Yan Shi

Purpose The purpose of this study is to deepen the understanding of the effects of information technology (IT) investment on firm innovation performance and examining the investment paradox effect in China. Design/methodology/approach Using a sample of China’ public firms IT investment data between 2010 and 2016, the authors establish a test model of IT investment and innovation performance. Findings The result indicates that IT investment in firms have no effect on innovation performance in the investment period. However, in the full sample and manufacturing sample, the IT investment has a significant positive effect on innovation performance in the post-investment years. In addition, this study finds that large companies and low-age companies may contribute more to innovation when firm investment in IT. Research limitations/implications There are several limitations in this research. First, the authors are failed to obtain a larger sample about the IT investment information data set in China, so this study was compelled to use limited sample data from China, hence, this could lead to errors of too early generalization. Second, the authors use the number of invention patent applications to represent the performance of enterprise innovation, which may not show enterprise innovation effectively. Third, the firms in the sample are all in China Listed Companies, so this may not accurately reflect the entire environment of firm innovation performance, and could possibly. Practical implications The research confirms that there is a paradox and time lag effect in IT investment, which enterprises should pay attention to. Originality/value Existing research confirms that corporate IT investments can bring new products or services. However, the authors still do not know whether IT investment has improved the company’s ability of innovation. This study will fill this gap and the industry effect and time lag effect of the influence of IT investment on innovative performance are also examined.


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