营商环境距离提升了跨国企业的创新绩效吗?——双向研发与华人移民网络视角  

Does Business Environment Distance Enhance the Innovation Performance of Multinational Corporations?

作　　者：陈初昇[1] 占云 赵晓阳 衣长军[1] CHEN Chu-sheng;ZHAN Yun;ZHAO Xiao-yang;YI Chang-jun

机构地区：[1]华侨大学工商管理学院,福建泉州362021

出　　处：《华侨大学学报（哲学社会科学版）》2024年第3期60-75,共16页Journal of Huaqiao University(Philosophy & Social Sciences)

基　　金：国家社会科学基金重点项目“全球华侨华人网络对中国企业海外投资广度、深度与效率影响研究”(22AGL004)。

摘　　要：新兴经济市场跨国企业的对外直接投资面临着投资合法性的现实挑战,造成海外子公司逆向技术溢出效应程度偏低。以沪深A股上市公司为研究对象,从母公司国内国际双向研发视角研究营商环境距离对母公司创新绩效的影响机制,并进一步讨论移民网络及其异质性特征对营商环境距离和母公司双向研发二者关系的调节效应。研究结果表明:营商环境距离正向影响企业的创新绩效,即差异化的营商环境更利于撬动海外子公司的逆向技术溢出;母公司吸收能力与研发国际化能力在营商环境距离对母公司创新绩效的影响中起到部分中介作用;移民网络能够增强营商环境距离和企业双向研发的关系,且高技能移民网络的强化效应更显著。The investment abroad of multinational corporations in emerging economic markets is facing practical challenges in terms of investment legitimacy,which has resulted in a low degree of reverse technology spillover effects for overseas subsidiaries.Taking Shanghai and Shenzhen A-share listed companies from 2005 to 2018 as the research samples,the article examines the influence mechanism of business environment distance on the parent company’s innovation performance from the perspective of domestic and international two-way R&D of parent companies,and further discusses the moderating effects of migrant networks and their heterogeneity on the relationship between business environment distance and two-way R&D of parent companies.The research results show that the business environment distance positively affects the innovation performance of enterprises,that is,a differentiated business environment is more conducive to leveraging reverse technology spillovers of overseas subsidiaries.The absorptive capacity and R&D internationalization capacity of the parent company play a partial mediating role in the impact of business environment distance on the parent company’s innovation performance.Migrant networks can strengthen the relationship between business environment distance and two-way R&D of enterprises,and the strengthening effect of the high skilled migrant networks is more significant.

关 键 词：营商环境距离 吸收能力 研发国际化 母公司创新绩效 移民网络 

分 类 号：F279.2[经济管理—企业管理]