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Internationalization and innovation performance of emerging market enterprises: The role of host-country institutional development
Wu J.1; Wang C.2; Hong J.3; Piperopoulos P.4; Zhuo S.5
2016
Source PublicationJournal of World Business
ISSN10909516
Volume51Issue:2Pages:251
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. © 2015 Elsevier Inc.

KeywordAbsorptive Capacity Geographic Diversification Innovation Performance Institutional Environment Internationalization State Ownership
DOI10.1016/j.jwb.2015.09.002
URLView the original
Language英语
WOS Research AreaBusiness & Economics
WOS SubjectBusiness
WOS IDWOS:000370093300006
The Source to ArticleScopus
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Cited Times [WOS]:37   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionDEPARTMENT OF MANAGEMENT AND MARKETING
Institute of Chinese Medical Sciences
Corresponding AuthorWu J.; Wang C.; Hong J.; Piperopoulos P.
Affiliation1.Faculty of Business Administration, University of Macau, Macau
2.Nottingham University Business School, University of Nottingham, United Kingdom
3.School of International Trade and Economics, University of International Business and Economics, 10 East Huixin Street, Chaoyang District, Beijing 100029, China
4.Leeds University Business School, United Kingdom
5.Department of Economics, University of Macau, Macau
First Author AffilicationFaculty of Business Administration
Corresponding Author AffilicationFaculty of Business Administration
Recommended Citation
GB/T 7714
Wu J.,Wang C.,Hong J.,et al. Internationalization and innovation performance of emerging market enterprises: The role of host-country institutional development[J]. Journal of World Business,2016,51(2):251.
APA Wu J.,Wang C.,Hong J.,Piperopoulos P.,&Zhuo S..(2016).Internationalization and innovation performance of emerging market enterprises: The role of host-country institutional development.Journal of World Business,51(2),251.
MLA Wu J.,et al."Internationalization and innovation performance of emerging market enterprises: The role of host-country institutional development".Journal of World Business 51.2(2016):251.
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