What Determines Innovation Activity in Chinese State-owned Enterprises? The Role of Foreign Direct Investment

被引：122
|
作者：
Girma, Sourafel [1 ]
Gong, Yundan [2 ]
Goerg, Holger [3 ,4 ]
机构：
[1] Univ Nottingham, Nottingham NG7 2RD, England
[2] Aston Business Sch, Birmingham, W Midlands, England
[3] Kiel Inst World Econ, Kiel, Germany
[4] Univ Kiel, D-24098 Kiel, Germany
来源：
WORLD DEVELOPMENT | 2009年 / 37卷 / 04期
基金：
英国经济与社会研究理事会;
关键词：
innovation; FDI; state-owned enterprises; spillovers; competition; China; Asia; RESEARCH-AND-DEVELOPMENT; PRODUCTIVITY SPILLOVERS; DOMESTIC FIRMS; PANEL-DATA; COMPETITION; LINKAGES;
D O I：
10.1016/j.worlddev.2008.07.017
中图分类号：
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号：
0201 ; 020105 ; 03 ; 0303 ;
摘要：
We investigate whether inward foreign direct investment (FDI), either at the firm or industry level, has any impact on product innovation by Chinese state-owned enterprises (SOEs). We use a comprehensive firm-level panel data set of some 20,000 SOEs during 1999-2005. Our results show that foreign capital participation at the firm level is associated with higher innovative activity. Inward FDI in the sector, by contrast, has a negative effect on innovative activity in SOEs on average. However, there is a positive effect of sector-level FDI on SOEs that export, invest in human capital, or undertake R&D. (C) 2008 Elsevier Ltd. All rights reserved.
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页码：866 / 873
页数：8
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