Welcome to the InfoSci Platform
Reference Hub12
Does the Technological Diversification and R&D Internationalization of eMNCs Promote Enterprise Innovation?: An Empirical Study on China's Publicly Listed Companies

Does the Technological Diversification and R&D Internationalization of eMNCs Promote Enterprise Innovation?: An Empirical Study on China's Publicly Listed Companies

Jing Li, Jun Wang
Copyright: © 2021 |Volume: 29 |Issue: 5 |Pages: 19
ISSN: 1062-7375|EISSN: 1533-7995|EISBN13: 9781799872610|DOI: 10.4018/JGIM.20210901.oa1
Cite Article Cite Article

MLA

Li, Jing, and Jun Wang. "Does the Technological Diversification and R&D Internationalization of eMNCs Promote Enterprise Innovation?: An Empirical Study on China's Publicly Listed Companies." JGIM vol.29, no.5 2021: pp.1-19. http://doi.org/10.4018/JGIM.20210901.oa1

APA

Li, J. & Wang, J. (2021). Does the Technological Diversification and R&D Internationalization of eMNCs Promote Enterprise Innovation?: An Empirical Study on China's Publicly Listed Companies. Journal of Global Information Management (JGIM), 29(5), 1-19. http://doi.org/10.4018/JGIM.20210901.oa1

Chicago

Li, Jing, and Jun Wang. "Does the Technological Diversification and R&D Internationalization of eMNCs Promote Enterprise Innovation?: An Empirical Study on China's Publicly Listed Companies," Journal of Global Information Management (JGIM) 29, no.5: 1-19. http://doi.org/10.4018/JGIM.20210901.oa1

Export Reference

Mendeley
Favorite Full-Issue Download

Abstract

Under the background of digital economy, technological diversification and R&D internationalization are important strategic choices for eMNCs, represented by China, to seek advanced technological resources and create competitive advantages. This paper takes China's listed MNCs from 2009 to 2019 as the research object and applies a non-equilibrium panel negative binomial fixed effect regression to investigate the impact mechanism of technological diversification of China's MNCs on enterprise innovation performance and the moderating effect of overseas R&D networks. Results show that the related technological diversification of MNCs has a significant positive impact, and the unrelated technological diversification and their innovation performance are in inverted U-shaped relationship; overseas R&D networks have significant moderating effect while the breadth and depth of the moderating effect are not the same; significant differences exist in the moderating effect of overseas R&D networks due to the heterogeneity of institutional development levels among regions in China.