Executives' Foreign Work Experience and International Knowledge Spillovers: Evidence from China

被引:9
作者
Feng, Guo [1 ]
Hu, Xinjie [2 ]
Wang, Kai [3 ]
Yan, Shuo [1 ]
机构
[1] Southern Univ Sci & Technol, Dept Finance, 1088 Xueyuan Rd, Shenzhen 518055, Guangdong, Peoples R China
[2] Natl Univ Singapore, NUS Business Analyt Ctr, Singapore, Singapore
[3] Cent Univ Finance & Econ, Chinese Acad Finance & Dev, Beijing, Changping, Peoples R China
基金
中国国家自然科学基金;
关键词
Executive; knowledge spillover; labor mobility; innovation; PATENT CITATIONS; INNOVATION; MOBILITY; LOCALIZATION; INCENTIVES; RETURNEES; GEOGRAPHY; FIRMS;
D O I
10.1080/1540496X.2022.2119840
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study conducts a quantitative study on international knowledge spillovers by executives with foreign work experiences at Chinese firms. We use companies' foreign patent citations as a proxy for international knowledge inflows and match the data with companies' executives with foreign work experience. The results show that executives with overseas work experience generate international knowledge inflows to the firm; this linkage is influenced by the innovation capacities of the outflow countries and specific positions of the firm's executives. The knowledge inflows enhance firms' innovation capacities, as evidenced by an increase in the number of patent applications and citations.
引用
收藏
页码:754 / 771
页数:18
相关论文
共 43 条
[1]   An organizational approach to comparative corporate governance: Costs, contingencies, and complementarities [J].
Aguilera, Ruth V. ;
Filatotchev, Igor ;
Gospel, Howard ;
Jackson, Gregory .
ORGANIZATION SCIENCE, 2008, 19 (03) :475-492
[2]   Localization of knowledge and the mobility of engineers in regional networks [J].
Almeida, P ;
Kogut, B .
MANAGEMENT SCIENCE, 1999, 45 (07) :905-917
[3]  
Audretsch DB, 1996, AM ECON REV, V86, P630
[4]   IS LABOR MOBILITY A CHANNEL FOR SPILLOVERS FROM MULTINATIONALS? EVIDENCE FROM NORWEGIAN MANUFACTURING [J].
Balsvik, Ragnhild .
REVIEW OF ECONOMICS AND STATISTICS, 2011, 93 (01) :285-297
[5]  
Bereskin Frederick L., 2014, Bringing in changes: the effect of new CEOs on innovation
[6]   Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity [J].
Bloom, Nicholas ;
Draca, Mirko ;
Van Reenen, John .
REVIEW OF ECONOMIC STUDIES, 2016, 83 (01) :87-117
[7]   Do Unions Affect Innovation? [J].
Bradley, Daniel ;
Kim, Incheol ;
Tian, Xuan .
MANAGEMENT SCIENCE, 2017, 63 (07) :2251-2271
[8]  
Branstetter LG, 2000, ECONOMICS AND ECONOMETRICS OF INNOVATION, P495
[9]   Corporate Venture Capital, Value Creation, and Innovation [J].
Chemmanur, Thomas J. ;
Loutskina, Elena ;
Tian, Xuan .
REVIEW OF FINANCIAL STUDIES, 2014, 27 (08) :2434-2473
[10]   Does managerial ability facilitate corporate innovative success? [J].
Chen, Yangyang ;
Podolski, Edward J. ;
Veeraraghavan, Madhu .
JOURNAL OF EMPIRICAL FINANCE, 2015, 34 :313-326