{"title":"3D打印领域的跨境和国内早期金融投资:从实证角度看驱动因素和投资地点","authors":"Eugene D. Hahn , Silvia Massini","doi":"10.1016/j.intman.2024.101172","DOIUrl":null,"url":null,"abstract":"<div><p>3D printing is a relatively new digital technology which can transform the way firms organize their innovation and production operations locally and globally. While 3D printing is being adopted by diverse organizations worldwide, empirical academic research on investment in early-stage 3D printing technology firms is still limited. In this paper, we consider the geography of the 3D printing ecosystem to illuminate the financing of investment into early state firms developing innovation in this technology. Using a hand-collected dataset of 500 firm-level investments, we hypothesize 3D printing investment is drawn to countries with greater innovative capacity, countries with greater human capital competencies, and countries with higher wages. We find that larger investments tend to benefit companies developing 3D printing technology in higher wage locations and in countries with higher innovative capacity level, suggesting that investments in the 3D printing ecosystems take places mostly in locations that already have an ecosystem in place. Our study is one of the first to examine detailed patterns of global investment in a new digital technology ecosystem - 3D printing, an increasingly important technology for innovation.</p></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"30 5","pages":"Article 101172"},"PeriodicalIF":5.9000,"publicationDate":"2024-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Cross-border and domestic early-stage financial investment in 3D printing: An empirical perspective on drivers and locations\",\"authors\":\"Eugene D. Hahn , Silvia Massini\",\"doi\":\"10.1016/j.intman.2024.101172\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>3D printing is a relatively new digital technology which can transform the way firms organize their innovation and production operations locally and globally. While 3D printing is being adopted by diverse organizations worldwide, empirical academic research on investment in early-stage 3D printing technology firms is still limited. In this paper, we consider the geography of the 3D printing ecosystem to illuminate the financing of investment into early state firms developing innovation in this technology. Using a hand-collected dataset of 500 firm-level investments, we hypothesize 3D printing investment is drawn to countries with greater innovative capacity, countries with greater human capital competencies, and countries with higher wages. We find that larger investments tend to benefit companies developing 3D printing technology in higher wage locations and in countries with higher innovative capacity level, suggesting that investments in the 3D printing ecosystems take places mostly in locations that already have an ecosystem in place. Our study is one of the first to examine detailed patterns of global investment in a new digital technology ecosystem - 3D printing, an increasingly important technology for innovation.</p></div>\",\"PeriodicalId\":47937,\"journal\":{\"name\":\"Journal of International Management\",\"volume\":\"30 5\",\"pages\":\"Article 101172\"},\"PeriodicalIF\":5.9000,\"publicationDate\":\"2024-06-26\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of International Management\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S107542532400053X\",\"RegionNum\":2,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"MANAGEMENT\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of International Management","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S107542532400053X","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
摘要
三维打印是一种相对较新的数字技术,可以改变企业在本地和全球组织创新和生产运营的方式。虽然世界各地的各种组织都在采用 3D 打印技术,但有关早期 3D 打印技术公司投资的实证学术研究仍然有限。在本文中,我们考虑了3D打印生态系统的地理位置,以阐明对开发该技术创新的早期企业的投资融资情况。利用手工收集的 500 个企业级投资数据集,我们假设 3D 打印投资会被吸引到创新能力更强的国家、人力资本能力更强的国家和工资水平更高的国家。我们发现,在工资较高的地区和创新能力较强的国家,开发3D打印技术的公司往往受益于较大规模的投资,这表明3D打印生态系统中的投资主要发生在已经拥有生态系统的地区。我们的研究是首批研究全球对新数字技术生态系统--3D 打印--这一日益重要的创新技术--投资的详细模式的研究之一。
Cross-border and domestic early-stage financial investment in 3D printing: An empirical perspective on drivers and locations
3D printing is a relatively new digital technology which can transform the way firms organize their innovation and production operations locally and globally. While 3D printing is being adopted by diverse organizations worldwide, empirical academic research on investment in early-stage 3D printing technology firms is still limited. In this paper, we consider the geography of the 3D printing ecosystem to illuminate the financing of investment into early state firms developing innovation in this technology. Using a hand-collected dataset of 500 firm-level investments, we hypothesize 3D printing investment is drawn to countries with greater innovative capacity, countries with greater human capital competencies, and countries with higher wages. We find that larger investments tend to benefit companies developing 3D printing technology in higher wage locations and in countries with higher innovative capacity level, suggesting that investments in the 3D printing ecosystems take places mostly in locations that already have an ecosystem in place. Our study is one of the first to examine detailed patterns of global investment in a new digital technology ecosystem - 3D printing, an increasingly important technology for innovation.
期刊介绍:
The Journal of International Management is devoted to advancing an understanding of issues in the management of global enterprises, global management theory, and practice; and providing theoretical and managerial implications useful for the further development of research. It is designed to serve an audience of academic researchers and educators, as well as business professionals, by publishing both theoretical and empirical research relating to international management and strategy issues. JIM publishes theoretical and empirical research addressing international business strategy, comparative and cross-cultural management, risk management, organizational behavior, and human resource management, among others.