The dark side of foreign firm presence: How does the knowledge spillover from foreign direct investment influence the new venture performance

卷:8

Article

关键词: INSTITUTIONAL DISTANCE;    LEARNING ORIENTATION;    NATIONAL CULTURE;    EMERGING MARKET;    FDI SPILLOVERS;    TECHNOLOGY SPILLOVERS;    MODERATING ROLE;    INNOVATION;    EXPERIENCE;    MANAGEMENT;   

DOI  :  10.1016/j.jik.2023.100399

来源: SCIE

【 摘 要 】

This study presented a comprehensive framework to explain how the knowledge spillover from foreign direct investment (FDI) influences domestic new venture performance. Referring to external (formal and informal institutional distances) and internal (foreign experience and learning orientation) factors, this study examined the external and internal factors as moderators in this relationship. Data were collected from 103 Chinese new ventures and China's inward FDI for 2017. The findings revealed that the negative competitive effect caused by foreign firms outweighs the FDI knowledge spillover effect. The results also indicated that external factors significantly influence the impact of foreign firms' presence on the new venture performance, whereas the influence of internal factors was limited. The study highlighted the importance of incorporating the heterogeneity of domestic firms into FDI knowledge spillover research.& COPY; 2023 Published by Elsevier Espana, S.L.U. on behalf of Journal of Innovation & Knowledge. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)