Outward FDI, location choices and innovation performance of emerging market enterprises

Although prior research conceptualizes how knowledge-seeking motivates the internationalization of emerging-market enterprises (EMEs), whether outward foreign direct investment (OFDI) indeed leads to enhanced innovation performance has received limited attention. We address this subject by conceptua...

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Main Authors: Piperopoulos, Panagiotis, Wu, Jie, Wang, Chengqi
Format: Article
Published: Elsevier 2018
Subjects:
Online Access:https://eprints.nottingham.ac.uk/47965/
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author Piperopoulos, Panagiotis
Wu, Jie
Wang, Chengqi
author_facet Piperopoulos, Panagiotis
Wu, Jie
Wang, Chengqi
author_sort Piperopoulos, Panagiotis
building Nottingham Research Data Repository
collection Online Access
description Although prior research conceptualizes how knowledge-seeking motivates the internationalization of emerging-market enterprises (EMEs), whether outward foreign direct investment (OFDI) indeed leads to enhanced innovation performance has received limited attention. We address this subject by conceptualizing how Chinese EMEs’ OFDI enhances their subsidiaries’ organizational learning and innovation performance and whether geographic location choices influence this relationship. Our panel data analysis of Chinese EMEs shows that OFDI has a positive effect on innovation performance of Chinese EMEs’ subsidiaries and that this effect is stronger when the OFDI is directed towards developed rather than emerging countries. These findings advance the notion that EMEs can use OFDI as a strategy to globalize R&D and enhance their innovation performance and demonstrate that certain established assumptions regarding organizational learning are not valid for EMEs.
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spelling nottingham-479652020-05-04T19:30:27Z https://eprints.nottingham.ac.uk/47965/ Outward FDI, location choices and innovation performance of emerging market enterprises Piperopoulos, Panagiotis Wu, Jie Wang, Chengqi Although prior research conceptualizes how knowledge-seeking motivates the internationalization of emerging-market enterprises (EMEs), whether outward foreign direct investment (OFDI) indeed leads to enhanced innovation performance has received limited attention. We address this subject by conceptualizing how Chinese EMEs’ OFDI enhances their subsidiaries’ organizational learning and innovation performance and whether geographic location choices influence this relationship. Our panel data analysis of Chinese EMEs shows that OFDI has a positive effect on innovation performance of Chinese EMEs’ subsidiaries and that this effect is stronger when the OFDI is directed towards developed rather than emerging countries. These findings advance the notion that EMEs can use OFDI as a strategy to globalize R&D and enhance their innovation performance and demonstrate that certain established assumptions regarding organizational learning are not valid for EMEs. Elsevier 2018-02-01 Article PeerReviewed Piperopoulos, Panagiotis, Wu, Jie and Wang, Chengqi (2018) Outward FDI, location choices and innovation performance of emerging market enterprises. Research Policy, 47 (1). pp. 232-240. ISSN 0048-7333 Outward Foreign Direct Investment; Innovation; Organizational Learning; Geographic Location; Subsidiaries; Emerging Market Enterprises; China https://www.sciencedirect.com/science/article/pii/S0048733317301865 doi:10.1016/j.respol.2017.11.001 doi:10.1016/j.respol.2017.11.001
spellingShingle Outward Foreign Direct Investment; Innovation; Organizational Learning; Geographic Location; Subsidiaries; Emerging Market Enterprises; China
Piperopoulos, Panagiotis
Wu, Jie
Wang, Chengqi
Outward FDI, location choices and innovation performance of emerging market enterprises
title Outward FDI, location choices and innovation performance of emerging market enterprises
title_full Outward FDI, location choices and innovation performance of emerging market enterprises
title_fullStr Outward FDI, location choices and innovation performance of emerging market enterprises
title_full_unstemmed Outward FDI, location choices and innovation performance of emerging market enterprises
title_short Outward FDI, location choices and innovation performance of emerging market enterprises
title_sort outward fdi, location choices and innovation performance of emerging market enterprises
topic Outward Foreign Direct Investment; Innovation; Organizational Learning; Geographic Location; Subsidiaries; Emerging Market Enterprises; China
url https://eprints.nottingham.ac.uk/47965/
https://eprints.nottingham.ac.uk/47965/
https://eprints.nottingham.ac.uk/47965/