The influence mechanism of outward FDI reverse technology spillovers on China’s green innovation
With rapid global development, outward foreign direct investment (FDI) has become a controversial issue, mainly focused on whether it is helpful to domestic green innovation, especially in developing countries. How does outward FDI reverse spillover technology to China, and does China’s innate endo...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2022-12-01
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| Series: | Technological and Economic Development of Economy |
| Subjects: | |
| Online Access: | https://jeelm.vgtu.lt/index.php/TEDE/article/view/17930 |
| _version_ | 1797987692362858496 |
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| author | Bingtao Qin Yaqi Gao Liming Ge Jialing Zhu |
| author_facet | Bingtao Qin Yaqi Gao Liming Ge Jialing Zhu |
| author_sort | Bingtao Qin |
| collection | DOAJ |
| description |
With rapid global development, outward foreign direct investment (FDI) has become a controversial issue, mainly focused on whether it is helpful to domestic green innovation, especially in developing countries. How does outward FDI reverse spillover technology to China, and does China’s innate endowment restrict it? The relevant mechanisms remain unclear. Therefore, this study investigated the heterogeneous effect of absorptive capacity on the impact path of reverse technology spillovers of outward FDI on green innovation in China. A fixed-effects panel model and stepwise regression analyze the direct relationship between outward FDI and green innovation and the mediating relationship of absorptive capacity. Threshold analysis reveals the mutation point of the mediating effect of absorptive capacity among China’s 31 provinces. Domestic green innovation is directly stimulated by more significant reverse technology spillovers of outward FDI. Absorptive capacity has an indirect impact as an intervening variable. The mediating effect will only make sense on one side of the threshold because the transformation effectiveness of green innovation is improved only by greater absorptive capacity, including adequate green financial support, more outstanding human capital, and a smaller technology gap. Moreover, it revealed significant regional heterogeneity in China.
First published online 01 December 2022
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| first_indexed | 2024-04-11T07:52:12Z |
| format | Article |
| id | doaj.art-f71aba2b13dc461db5e991d7a4575991 |
| institution | Directory Open Access Journal |
| issn | 2029-4913 2029-4921 |
| language | English |
| last_indexed | 2024-04-11T07:52:12Z |
| publishDate | 2022-12-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Technological and Economic Development of Economy |
| spelling | doaj.art-f71aba2b13dc461db5e991d7a45759912022-12-22T04:36:03ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212022-12-0110.3846/tede.2022.17930The influence mechanism of outward FDI reverse technology spillovers on China’s green innovationBingtao Qin0Yaqi Gao1Liming Ge2Jialing Zhu3Business School, University of Shanghai for Science and Technology, Shanghai, China; Institute for China Neighboring Economics (ICNE) of Business School, University of Shanghai for Science and Technology, Shanghai, ChinaBusiness School, University of Shanghai for Science and Technology, Shanghai, ChinaSchool of Urban and Regional Sciences, Shanghai University of Finance and Economics, Shanghai, China; Lee Kuan Yew School of Public Policy, National University of Singapore, Singapore, SingaporeSchool of Urban and Regional Sciences, Shanghai University of Finance and Economics, Shanghai, China; Lee Kuan Yew School of Public Policy, National University of Singapore, Singapore, Singapore With rapid global development, outward foreign direct investment (FDI) has become a controversial issue, mainly focused on whether it is helpful to domestic green innovation, especially in developing countries. How does outward FDI reverse spillover technology to China, and does China’s innate endowment restrict it? The relevant mechanisms remain unclear. Therefore, this study investigated the heterogeneous effect of absorptive capacity on the impact path of reverse technology spillovers of outward FDI on green innovation in China. A fixed-effects panel model and stepwise regression analyze the direct relationship between outward FDI and green innovation and the mediating relationship of absorptive capacity. Threshold analysis reveals the mutation point of the mediating effect of absorptive capacity among China’s 31 provinces. Domestic green innovation is directly stimulated by more significant reverse technology spillovers of outward FDI. Absorptive capacity has an indirect impact as an intervening variable. The mediating effect will only make sense on one side of the threshold because the transformation effectiveness of green innovation is improved only by greater absorptive capacity, including adequate green financial support, more outstanding human capital, and a smaller technology gap. Moreover, it revealed significant regional heterogeneity in China. First published online 01 December 2022 https://jeelm.vgtu.lt/index.php/TEDE/article/view/17930outward foreign direct investmentreverse technology spilloversgreen innovationabsorptive capacitymediating threshold effect |
| spellingShingle | Bingtao Qin Yaqi Gao Liming Ge Jialing Zhu The influence mechanism of outward FDI reverse technology spillovers on China’s green innovation Technological and Economic Development of Economy outward foreign direct investment reverse technology spillovers green innovation absorptive capacity mediating threshold effect |
| title | The influence mechanism of outward FDI reverse technology spillovers on China’s green innovation |
| title_full | The influence mechanism of outward FDI reverse technology spillovers on China’s green innovation |
| title_fullStr | The influence mechanism of outward FDI reverse technology spillovers on China’s green innovation |
| title_full_unstemmed | The influence mechanism of outward FDI reverse technology spillovers on China’s green innovation |
| title_short | The influence mechanism of outward FDI reverse technology spillovers on China’s green innovation |
| title_sort | influence mechanism of outward fdi reverse technology spillovers on china s green innovation |
| topic | outward foreign direct investment reverse technology spillovers green innovation absorptive capacity mediating threshold effect |
| url | https://jeelm.vgtu.lt/index.php/TEDE/article/view/17930 |
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