The impact of foreign direct investment on innovation: Evidence from patent filings and citations in China

Chen, Yongmin; Jiang, Haiwei; Liang, Yousha; Pan, Shiyuan

doi:10.1016/j.jce.2022.05.005

Cited by 29 publications

(17 citation statements)

References 69 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…ASIF documents comprehensive information on state-owned and non-state-owned industrial firms, which is conducted by China’s National Bureau of Statistics (NBS). ASIF is the most extensive firm-level dataset utilized in research on China’s microeconomics [ 10 , 14 , 25 , 36 , 37 , 38 ].…”

Section: Methodsmentioning

confidence: 99%

“…As SEL in the Lake Tai area was implemented in the middle of 2008, to avoid the disturbance of China’s entering into WTO at the end of 2001 and the SEL in the Pearl River Delta after 2013, the sample period is chosen from 2003 to 2013. To deal with outliers, samples that violated accounting standards and lacked core indicators are excluded [ 37 ]. All monetary values, including total output, sales, income, and exports are deflated to 2001 using the ex-factory price indices.…”

Section: Methodsmentioning

confidence: 99%

See 1 more Smart Citation

The Impact of Environmental Regulation on Firm Performance: Evidence from the Pulp and Paper Industry in China

Jiang

2023

IJERPH

Self Cite

View full text Add to dashboard Cite

In areas with serious pollution problems, the government designates a special emission limit (SEL) for pollution control and environmental protection in China. This paper examines the effects of chemical oxygen demand (COD) SEL on firms’ production activity and market performance in the pulp and paper industry in the Lake Tai area in China. Using firm-level data, we employ a difference-in-differences strategy and find that SEL has a negative impact on the production scale, profitability, and market size of the regulated firms, while showing no significant impact on firm exports. The heterogeneity tests suggest that the impact of SEL on production and market performance varies with firm ownership, firm size, and target market. The reallocation effect of production shifts extra production from exited firms to existing firms, which explains the expansion of production scale and market size for SOEs and large-sized regulated firms. Compared with the decline of production scale, the inventory alleviation effect reduces the negative impact of stricter environmental regulation on firm performance.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Methodsmentioning

confidence: 99%

The Impact of Environmental Regulation on Firm Performance: Evidence from the Pulp and Paper Industry in China

Jiang

2023

IJERPH

Self Cite

View full text Add to dashboard Cite

show abstract

“…FDI inflows can enhance services exports through its positive effect on the supply‐side determinants of modern services exports, including the quality of physical capital and workers' skills (e.g., De Gregorio, 1992; Sahoo & Dash, 2014). The presence of multinational firms in the host countries can also allow local firms to have access to better inputs (e.g., Eck & Huber, 2016; Javorcik et al, 2018) and benefit from improved technical and organisational competencies, including through the knowledge transferred by multinational firms (e.g., Chen et al, 2022; Havranek & Irsova, 2011; Saliola & Zanfei, 2009). All these positive spillovers of the presence of multinational firms in the host countries' local economy can significantly promote goods exports (e.g., Harding & Javorcik, 2012; Javorcik et al, 2018), and services exports, although for the latter, the effect can be both direct and indirect, including through the export of goods (see discussion above on the effect of goods exports on services exports).…”

Section: Model Specificationmentioning

confidence: 99%

The least developed countries' Services Waiver, Aid for Trade for services and services exports

Gnangnon

2023

World Economy

View full text Add to dashboard Cite

In 2011, Trade Ministers of the World Trade Organisation (WTO) adopted a Decision that allows WTO Members to accord preferential treatment to services and service suppliers originating in least‐developed countries (LDCs). In 2013, another Ministerial Decision was adopted to operationalise the 2011 Waiver Decision. This paper has examined whether the Waiver Decision had been effective in promoting LDCs' commercial modern and traditional services exports and whether Aid for Trade (AfT) flows in favour of the services sectors were instrumental in achieving this objective. The analysis has used 43 LDCs over the period 2005–2018 and the difference‐in‐difference framework along with the two‐step system generalised method of moments estimator. The control group includes 20 Low‐Income Countries (designated as such by the International Monetary Fund) from which LDCs (as defined by the United Nations) are excluded. The analysis has revealed that the Waiver Decision led to higher modern commercial services exports at the expense of traditional commercial services exports. Moreover, as LDCs improved their trading capacity over time (thanks to the cumulative AfT flows for services), the Waiver Decision induced greater modern commercial services exports, but exerted a mixed effect on LDCs' traditional services exports.

show abstract

“…Following extant studies (e.g., He and Tian, 2013 ; Chen et al, 2022 ; Jiang et al, 2022 ), we measure the innovation performance of listed companies from two aspects: innovation quantity and innovation quality. Patents can be divided into substantive innovation and strategic innovation according to the difference of innovation motivation.…”

Section: Datamentioning

confidence: 99%

CEO turnover and corporate innovation: What can we learn from Chinese listed companies

Sun

Jiang

2022

Front. Psychol.

Self Cite

View full text Add to dashboard Cite

Using data of China’s listed companies from 2000 to 2016, we employ a staggered difference-in-difference (DID) approach to identify the causal effects of CEO turnover on corporate innovation. First, we find that listed companies with CEO turnover experienced an average increase of 9.5% in the quantity of innovation and 8.9% in innovation quality after the change. The dynamic effect test supports the parallel trend condition, and the placebo test rules out the nonrandom selection issue. Second, the heterogeneity tests show that CEO turnover plays a more prominent role in promoting innovation for listed firms with CEO duality, high financial constraints, and in high-tech industries. Third, CEO turnover affects corporate innovation by driving top management team reorganization and promoting R&D input. This paper has important implications for the understanding of the role of CEO turnover in companies’ innovation, as well as for strategy formulation and implementation.

show abstract

The impact of foreign direct investment on innovation: Evidence from patent filings and citations in China

Cited by 29 publications

References 69 publications

The Impact of Environmental Regulation on Firm Performance: Evidence from the Pulp and Paper Industry in China

The Impact of Environmental Regulation on Firm Performance: Evidence from the Pulp and Paper Industry in China

The least developed countries' Services Waiver, Aid for Trade for services and services exports

CEO turnover and corporate innovation: What can we learn from Chinese listed companies

Contact Info

Product

Resources

About