Does 3D printing technology promote OFDI? Evidence from Chinese listed companies

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-06-07 DOI:10.1016/j.frl.2025.107742

Shiyu Feng, Yining Ni, Yeqing Ma

引用次数: 0

Abstract

This paper employs a difference-in-differences (DID) model to examine the effect of 3D printing technology on outward foreign direct investment (OFDI) using data from the China Customs Trade Database and records of publicly listed Chinese firms (2000–2016). We find that 3D printing adoption significantly increases firms’ OFDI primarily through the channel of product personalization, evidenced by three dimensions: a stable customer base, higher product demand overlap, and lower investment risks.

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3D打印技术促进了对外直接投资吗？来自中国上市公司的证据

本文利用中国海关贸易数据库的数据和中国上市公司的记录（2000-2016），采用差分差分（DID）模型来检验3D打印技术对对外直接投资（OFDI）的影响。我们发现，采用3D打印主要通过产品个性化渠道显著提高了企业的对外直接投资，这体现在三个维度上：稳定的客户群、更高的产品需求重叠和更低的投资风险。

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

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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