Genetic distance, international experience and the performance of cross-border R&amp;D for EMNEs

Cao, Xiaoyang; Xiong, Yan; Sun, Yongming; Liu, Yipeng

doi:10.1016/j.intman.2021.100853

Cited by 11 publications

(6 citation statements)

References 77 publications

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“…This study is also related to the literature on how TMT affects firms’ strategic decisions and performance. It has been found that TMT participates in the firm’s overall strategic decisions and formulates its operational direction, which is an essential part of firm innovation and development [ 43 , 44 , 45 ]. Recently, literature based on upper echelon theory has explored how TMTs’ characteristics affect firms’ green innovation performance.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…Firstly, the challenging and complex tasks of green innovation require the orientation and decisions of executives with higher risk tolerance and confidence. TMT members with overseas backgrounds often master cutting-edge science and technology and advanced management experience, which has a high spillover effect on firms and can effectively enhance their risk tolerance and technological innovation ability [ 45 , 51 ]. Compared with local executives, TMTs with overseas experience have more advantages regarding innovation and risk preference in decision-making [ 47 , 58 ].…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

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Going Abroad and Going Green: The Effects of Top Management Teams’ Overseas Experience on Green Innovation in the Digital Era

Meng

Wang

2022

IJERPH

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Green innovation has become one of the most important approaches to achieving sustainable development in modern business. Top management team (TMT)’s overseas experience, as one type of unique resources, constitutes the cognitive basis of the team and thus influences firms’ strategic decision-making. Based on the upper echelon theory, this study aims to investigate the effect of TMT’s overseas experiences on green innovation performances. By utilizing a panel dataset of Chinese listed firms, this study shows that TMTs’ overseas experience indeed promotes firms’ green innovation performance and that both firms’ digital transformation and regions’ digital economy development positively moderate the relationship between TMTs’ overseas experience and green innovation. These findings not only help managers better organize the TMT and green innovation strategy but also draw policymakers’ attention to the importance of the digital economy and sustainable development.

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Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Going Abroad and Going Green: The Effects of Top Management Teams’ Overseas Experience on Green Innovation in the Digital Era

Meng

Wang

2022

IJERPH

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“…Furthermore, micro‐foundational approaches can advance international management, global business, and innovation research (Liu et al 2021). For instance, genetic distance can positively influence the performance of the cross‐border Research and Development (R&D) activities of emerging markets multinational enterprises (EMNEs) (Xu et al 2021). In essence, a better understanding of micro‐level behavioural antecedents and social interaction provides an opportunity to advance our understanding of the macro‐level processes and outcomes of management practices (Barney & Felin, 2013).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Sensemaking and Sustainable Development: Chinese Overseas Acquisitions and the Globalisation of Traditional Chinese Medicine

et al. 2022

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Despite the increasing attention paid to sustainability management and the wide prevalence of the United Nation's SDGs (Sustainable Development Goals) in the discourse of business and society, there is little nuanced understanding of the impact of culture on sustainable development in international contexts, and on the globalisation of emerging economies in particular. By juxtaposing the literature streams of sensemaking, micro‐foundations, and collaborative partnerships, this paper presents an investigation into how culture and sensemaking influence sustainable development. Our research context – Chinese globalisation endeavours – includes Chinese overseas acquisitions and the globalisation of traditional Chinese medicine. This paper illuminates the role played by sensemaking and Taoist philosophy with regard to sustainable development. Taking a micro‐foundational perspective, we show how both cultural and institutional contexts can influence sustainable development in Chinese globalisation endeavours enacted in the form of collaborative partnerships.

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“…Second, R&D intensity was measured as R&D expenditures as a percentage of sales because firms with higher levels of R&D investment tended to have better innovation performance. Third, international experience was measured by the number of years that a firm had engaged in international business [49]. Finally, we used five dummy variables, industry dummy 1 (electronic information), industry dummy 2 (special equipment manufacturing), industry dummy 3 (transportation equipment manufacturing), industry dummy 4 (ordinary machinery manufacturing), and industry dummy 5 (metal product) to control for industry effects.…”

Section: Controlsmentioning

confidence: 99%

Exploratory and Exploitative Internationalization: Effects of Social Capital Antecedents and Fit Moderators of Innovation Consequence

2021

JTAER

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Implementing international strategy is essential to enhance corporate innovation and achieve sustainable development. Existing research has theoretically illustrated the concept and importance of carrying out both exploratory and exploitative internationalization, yet our understanding of the antecedents and consequences of both activities remains unclear. Based on the data of Chinese international manufacturing firms, this paper examines the differential effects of business, government and knowledge network capital on exploratory and exploitative internationalization, and probes into how organizational, strategic, and environmental factors moderate the innovation effectiveness of exploratory and exploitative internationalization. Results indicate that business network capital has the same positive impact on exploratory and exploitative internationalization; government network capital influences the implementation of exploratory internationalization, whereas knowledge network capital influences the execution of exploitative internationalization. Furthermore, our findings reveal that, to maximize innovation performance, pursuing exploratory internationalization is more beneficial for firms with older age, firms entering into countries with low host–home country similarity, and operating in a more dynamic international environment. By contrast, pursuing exploitative internationalization is more effective for younger firms, firms entering into countries with high host–home country similarity, and in more stable international environment. Theoretical and managerial implications are discussed.

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Genetic distance, international experience and the performance of cross-border R&D for EMNEs

Cited by 11 publications

References 77 publications

Going Abroad and Going Green: The Effects of Top Management Teams’ Overseas Experience on Green Innovation in the Digital Era

Going Abroad and Going Green: The Effects of Top Management Teams’ Overseas Experience on Green Innovation in the Digital Era

Sensemaking and Sustainable Development: Chinese Overseas Acquisitions and the Globalisation of Traditional Chinese Medicine

Exploratory and Exploitative Internationalization: Effects of Social Capital Antecedents and Fit Moderators of Innovation Consequence

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