The innovation performance of Chinese firms’ global R&D strategies |
Received:October 16, 2017 Revised:October 16, 2017 |
Key Words: Global R&D; internationalization; innovation performance; technology catch-up; knowledge-based view |
Author Name | Affiliation | Zhibin Lin* | Durham University | Xianming Wu | Wuhan University | Kefei You | University of Greenwich | Yuanyuan Xiang | Wuhan University |
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Abstract: |
The global R&D activities of Chinese firms are an important economic phenomenon. Existing research has not given enough attention to it and its effects on innovation. From a knowledge-based perspective, this study presents a systematic exploration of the mechanism through which the innovation performance of Chinese firms is affected by the depth, breadth and diversity of their global R&D strategies. Analysis of panel data consisting 609 publicly traded Chinese companies shows that the depth and breadth of global R&D can substantially increase innovation performance, while the cross-disciplinary diversity of global R&D has a negative effect. |