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The effects of institutional quality and diversity of foreign markets on exporting firms' innovation
JieWu1,2,3; Zefu Wu1; Shuaihe Zhuo2
2015-12
Source PublicationInternational Business Review
ISSN0969-5931
Volume24Issue:6Pages:1095-1106
Abstract

This study examines the role of the institutional quality and diversity of foreign markets on exporting firms' innovation performance. Building on the institutional economics theory, the institution-based view of international expansion, and the literature on international diversification, this study proposes that expanding into a foreign market with well-developed institutions helps exporting firms improve innovation performance and that a high degree of institutional diversity of multiple foreign markets positively influences firm innovation. The study also suggests that institutional diversity weakens the positive relationship between institutions and firm innovation. The findings provide support for the proposed hypotheses. Implications for both theory and practice are discussed.

KeywordIncremental Innovation Institutional Diversity Institutional Quality Radical Innovation
DOIhttp://doi.org/10.1016/j.ibusrev.2015.05.001
URLView the original
Indexed BySSCI
Language英语
WOS Research AreaBusiness ; Economics
WOS SubjectBusiness
WOS IDWOS:000363354700017
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Cited Times [WOS]:4   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionUniversity of Macau
Corresponding AuthorZefu Wu
Affiliation1.College of Business Administration, Huaqiao University, Quanzhou 362021, China
2.University of Macau, Avenida da Universidade, Taipa, Macau, China
3.Business School, Leeds University, UK
First Author AffilicationUniversity of Macau
Recommended Citation
GB/T 7714
JieWu,Zefu Wu,Shuaihe Zhuo. The effects of institutional quality and diversity of foreign markets on exporting firms' innovation[J]. International Business Review,2015,24(6):1095-1106.
APA JieWu,Zefu Wu,&Shuaihe Zhuo.(2015).The effects of institutional quality and diversity of foreign markets on exporting firms' innovation.International Business Review,24(6),1095-1106.
MLA JieWu,et al."The effects of institutional quality and diversity of foreign markets on exporting firms' innovation".International Business Review 24.6(2015):1095-1106.
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