Foreign direct investment and the innovation performance of local enterprises
Abstract Based on the micro data set of Chinese manufacturing enterprises, this study examines in detail the impact of foreign direct investment on the innovation performance of Chinese local enterprises and its mechanism. Results show that foreign direct investment helps to improve the innovation p...
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| Format: | Article |
| Language: | English |
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Springer Nature
2022-08-01
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| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-022-01274-6 |
| _version_ | 1828293809606230016 |
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| author | Wen Yue |
| author_facet | Wen Yue |
| author_sort | Wen Yue |
| collection | DOAJ |
| description | Abstract Based on the micro data set of Chinese manufacturing enterprises, this study examines in detail the impact of foreign direct investment on the innovation performance of Chinese local enterprises and its mechanism. Results show that foreign direct investment helps to improve the innovation performance of Chinese local enterprises, and spillover effect and competition effect are important ways for foreign direct investment to affect the innovation performance of local enterprises. In addition, the impact of foreign direct investment on the innovation of local enterprises of different types varies. Foreign direct investment has significantly promoted the innovation of high-productivity, capital-intensive, non-coastal, export, and non-state-owned enterprises. This study enriches the research literature on foreign direct investment and enterprise innovation and provides new micro evidence for understanding the impact of foreign direct investment on the innovation performance of local enterprises. |
| first_indexed | 2024-04-13T11:27:36Z |
| format | Article |
| id | doaj.art-7210171d8ec64abda01031ab129a076d |
| institution | Directory Open Access Journal |
| issn | 2662-9992 |
| language | English |
| last_indexed | 2024-04-13T11:27:36Z |
| publishDate | 2022-08-01 |
| publisher | Springer Nature |
| record_format | Article |
| series | Humanities & Social Sciences Communications |
| spelling | doaj.art-7210171d8ec64abda01031ab129a076d2022-12-22T02:48:40ZengSpringer NatureHumanities & Social Sciences Communications2662-99922022-08-01911910.1057/s41599-022-01274-6Foreign direct investment and the innovation performance of local enterprisesWen Yue0School of Business, Jiangnan UniversityAbstract Based on the micro data set of Chinese manufacturing enterprises, this study examines in detail the impact of foreign direct investment on the innovation performance of Chinese local enterprises and its mechanism. Results show that foreign direct investment helps to improve the innovation performance of Chinese local enterprises, and spillover effect and competition effect are important ways for foreign direct investment to affect the innovation performance of local enterprises. In addition, the impact of foreign direct investment on the innovation of local enterprises of different types varies. Foreign direct investment has significantly promoted the innovation of high-productivity, capital-intensive, non-coastal, export, and non-state-owned enterprises. This study enriches the research literature on foreign direct investment and enterprise innovation and provides new micro evidence for understanding the impact of foreign direct investment on the innovation performance of local enterprises.https://doi.org/10.1057/s41599-022-01274-6 |
| spellingShingle | Wen Yue Foreign direct investment and the innovation performance of local enterprises Humanities & Social Sciences Communications |
| title | Foreign direct investment and the innovation performance of local enterprises |
| title_full | Foreign direct investment and the innovation performance of local enterprises |
| title_fullStr | Foreign direct investment and the innovation performance of local enterprises |
| title_full_unstemmed | Foreign direct investment and the innovation performance of local enterprises |
| title_short | Foreign direct investment and the innovation performance of local enterprises |
| title_sort | foreign direct investment and the innovation performance of local enterprises |
| url | https://doi.org/10.1057/s41599-022-01274-6 |
| work_keys_str_mv | AT wenyue foreigndirectinvestmentandtheinnovationperformanceoflocalenterprises |