Unraveling the relationship between innovation performance feedback and outward FDI: Moderating influence of inward FDI spillovers

IF 10.5 1区 管理学 Q1 BUSINESS
Can Meng , Carlos M.P. Sousa , Jieke Chen
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引用次数: 0

Abstract

This study examines the impact of innovation performance feedback on the outward foreign direct investment (FDI) of emerging market firms by differentiating between innovation quantity and innovation quality. It also explores the moderating role of inward FDI spillovers in local industrial environments. Using a zero-inflated negative binomial model, the findings show that: (1) the further a firm is below or above its innovation performance aspirations, the less outward FDI it will take; (2) inward FDI spillovers will strengthen the relationship between positive innovation quantity feedback and outward FDI while weakening the relationship of negative innovation quantity feedback; and (3) inward FDI spillovers will weaken the relationship between innovation quality feedback (both negative and positive) and outward FDI.

解读创新绩效反馈与外向外国直接投资之间的关系:内向外国直接投资溢出效应的调节作用
本研究通过区分创新数量和创新质量,探讨创新绩效反馈对新兴市场企业对外直接投资(FDI)的影响。研究还探讨了当地产业环境中外向外国直接投资溢出效应的调节作用。利用零膨胀负二项模型,研究结果表明(1)企业的创新绩效越低于或高于其期望值,其对外直接投资就越少;(2)外来直接投资的溢出效应会加强创新数量正反馈与对外直接投资之间的关系,同时削弱创新数量负反馈之间的关系;(3)外来直接投资的溢出效应会削弱创新质量反馈(包括负反馈和正反馈)与对外直接投资之间的关系。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
20.30
自引率
10.60%
发文量
956
期刊介绍: The Journal of Business Research aims to publish research that is rigorous, relevant, and potentially impactful. It examines a wide variety of business decision contexts, processes, and activities, developing insights that are meaningful for theory, practice, and/or society at large. The research is intended to generate meaningful debates in academia and practice, that are thought provoking and have the potential to make a difference to conceptual thinking and/or practice. The Journal is published for a broad range of stakeholders, including scholars, researchers, executives, and policy makers. It aids the application of its research to practical situations and theoretical findings to the reality of the business world as well as to society. The Journal is abstracted and indexed in several databases, including Social Sciences Citation Index, ANBAR, Current Contents, Management Contents, Management Literature in Brief, PsycINFO, Information Service, RePEc, Academic Journal Guide, ABI/Inform, INSPEC, etc.
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