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How Does Foreign Equity Right Impact Manufacturing Enterprise Innovation Behaviors? Mediation Test Based on Technology Introduction
Joint Authors
Li, Lianshui
Cui, Weijun
Cen, Shan
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-10, 10 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-07-17
Country of Publication
Egypt
No. of Pages
10
Main Subjects
Abstract EN
The impacts of FDI (foreign direct investment) on the innovation of Chinese local enterprises have always been the focus of attention, but few studies have explored the impacts of foreign shareholding on enterprise innovation behaviors through the micro level.
Based on the survey data regarding the manufacturing sector of China enterprises conducted by the World Bank in 2012, this paper conducts an empirical study on the relationship between foreign shareholding and enterprise innovation behaviors.
The research findings include two aspects; that is, (1) foreign shareholding has significantly positive impacts on enterprise innovation behaviors; (2) technology introduction plays a complete mediating effect in foreign shareholding and enterprise innovation behaviors.
On the basis of considering sample selective bias and endogenous problems, the propensity score matching (PSM) method is further applied to evaluate the impacts of foreign shareholding on enterprise innovation behaviors.
After putting the endogenous problems and sample selective bias under control, the above conclusions are still robust.
Thus, under the current complicated international situation, enterprises should be encouraged to attract foreign investment under moderate control, with a view to accelerating the promotion of enterprise innovation activities through the technology introduction brought about by foreign shareholding.
American Psychological Association (APA)
Cen, Shan& Li, Lianshui& Cui, Weijun. 2020. How Does Foreign Equity Right Impact Manufacturing Enterprise Innovation Behaviors? Mediation Test Based on Technology Introduction. Discrete Dynamics in Nature and Society،Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1153587
Modern Language Association (MLA)
Cen, Shan…[et al.]. How Does Foreign Equity Right Impact Manufacturing Enterprise Innovation Behaviors? Mediation Test Based on Technology Introduction. Discrete Dynamics in Nature and Society No. 2020 (2020), pp.1-10.
https://search.emarefa.net/detail/BIM-1153587
American Medical Association (AMA)
Cen, Shan& Li, Lianshui& Cui, Weijun. How Does Foreign Equity Right Impact Manufacturing Enterprise Innovation Behaviors? Mediation Test Based on Technology Introduction. Discrete Dynamics in Nature and Society. 2020. Vol. 2020, no. 2020, pp.1-10.
https://search.emarefa.net/detail/BIM-1153587
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1153587