Institutional Distance, Organizational Learning, and Innovation Performance: Outward Foreign Direct Investment by Chinese Multinational Enterprises

被引:20
作者
Yi, Changjun [1 ]
Xu, Xueyu [2 ]
Chen, Chusheng [1 ]
Wu, Yenchun Jim [3 ]
机构
[1] Huaqiao Univ, Sch Business Adm, Quanzhou, Peoples R China
[2] Quanzhou Univ Informat Engn, Dept Econ & Management, Quanzhou, Peoples R China
[3] Natl Taiwan Normal Univ, Grad Inst Global Business & Strategy, 31 Shida Rd, Taipei 10645, Taiwan
关键词
innovation performance; institutional distance; OFDI; organizational learning; EMERGING MARKET FIRMS; INTERNATIONAL EXPANSION; TIME-SERIES; KNOWLEDGE; FDI; EXPLOITATION; EXPLORATION; STRATEGIES; SURVIVAL; SUBSIDIARIES;
D O I
10.1080/1540496X.2018.1545118
中图分类号
F [经济];
学科分类号
02 ;
摘要
Institutional distance is the difference in institutional environments between a multinational company's host country and its home country. This article explores the effects of formal and informal institutional distance (IID) on the innovation performance of Chinese multinationals with outward foreign direct investment (OFDI), as well as the moderating role of organizational learning in the relationship. The results suggested that a formal institutional distance (FID) paradox existed between the FID and OFDI firms' innovation performance; the informal institutional distance inhibited the technology transfer from foreign subsidiaries to their parent companies and the growth of the parent companies' innovation performance; exploratory learning can effectively attenuate the negative influence of IID on OFDI firms' innovation performance.
引用
收藏
页码:370 / 391
页数:22
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