Impact of policy uncertainty on subsidiary reverse knowledge transfer

IF 3.4 3区 管理学 Q2 MANAGEMENT
Chun-Ping Yeh, Y. Hsiao, Sebastian Gebhardt
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引用次数: 0

Abstract

Despite the recognized importance of subsidiary reverse knowledge transfer (RKT) for multinational enterprises' (MNEs') competitive advantages, little is understood about how host country policy uncertainty may affect it. This study, based on absorptive capacity and resource dependence theories and utilizing the global economic policy uncertainty (GEPU) index, examines 1565 firm‐year observations of Taiwanese MNE parent–subsidiary activities. Findings suggest that GEPU indirectly undermines subsidiary RKT benefit by reducing MNEs' global R&D intensity and geographical R&D diversity. Notably, this effect is mitigated when MNEs choose joint venture entry modes. This study enriches international business literature by elucidating the intricate relationships between the host country policy uncertainty, MNE strategies, and subsidiary RKT outcomes, thus contributing to a deeper scholarly understanding in the RKT domain.
政策不确定性对子公司反向知识转移的影响
尽管子公司反向知识转移(RKT)对跨国企业(MNE)竞争优势的重要性已得到公认,但人们对东道国政策的不确定性如何影响RKT却知之甚少。本研究以吸收能力和资源依赖理论为基础,利用全球经济政策不确定性指数(GEPU),对台湾跨国企业母子公司活动的 1565 个企业年观测数据进行了研究。研究结果表明,全球经济政策不确定性指数降低了跨国企业的全球研发强度和地域研发多样性,从而间接削弱了子公司的RKT效益。值得注意的是,当跨国企业选择合资企业进入模式时,这种影响会得到缓解。本研究阐明了东道国政策不确定性、多国企业战略和子公司RKT结果之间错综复杂的关系,从而丰富了国际商业文献,有助于加深学术界对RKT领域的理解。
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
7.20
自引率
13.50%
发文量
52
期刊介绍: The European Management Review is an international journal dedicated to advancing the understanding of management in private and public sector organizations through empirical investigation and theoretical analysis. The European Management Review provides an international forum for dialogue between researchers, thereby improving the understanding of the nature of management in different settings and promoting the transfer of research results to management practice. Although one of the European Management Review"s aims is to foster the general advancement of management scholarship among European scholars and/or those academics interested in European management issues.
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