Wu, J, Wang, C, Hong, J et al. (2 more authors) (2016) Internationalization and innovation performance of emerging market enterprises: The role of host-country institutional development. Journal of World Business, 51 (2). pp. 251-263. ISSN 1090-9516
Abstract
We examine how host-country institutional development influences innovation performance of internationalized emerging market enterprises (EMEs). Our panel-data analysis of Chinese EMEs shows that although host-country institutional development on average enhances innovation performance of the parent, such effects are more pronounced for EMEs with strong absorptive capacity and for those diversifying into a larger number of countries. Interestingly, EMEs with a higher level of state ownership gain more when entering countries with a lower level of institutional development. Our findings offer insights regarding how latecomer EMEs should configure their portfolio of subsidiaries in order to enhance innovation performance of their parent.
Metadata
Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2015, Elsevier Ltd. This is an author produced version of a paper published in Journal of World Business. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Internationalization; Innovation performance; Institutional environment; Absorptive capacity; State ownership; Geographic diversification |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > International Business Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 14 Aug 2015 10:21 |
Last Modified: | 28 Jan 2021 13:23 |
Published Version: | http://dx.doi.org/10.1016/j.jwb.2015.09.002 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | https://doi.org/10.1016/j.jwb.2015.09.002 |