Does 3D printing technology promote OFDI? Evidence from Chinese listed companies

Shiyu Feng, Yining Ni and Yeqing Ma

Finance Research Letters, 2025, vol. 83, issue C

Abstract: This paper employs a difference-in-differences (DID) model to examine the effect of 3D printing technology on outward foreign direct investment (OFDI) using data from the China Customs Trade Database and records of publicly listed Chinese firms (2000–2016). We find that 3D printing adoption significantly increases firms’ OFDI primarily through the channel of product personalization, evidenced by three dimensions: a stable customer base, higher product demand overlap, and lower investment risks.

Keywords: 3D printing; OFDI; Personalization; Product demand overlap; Investment risks (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:83:y:2025:i:c:s1544612325010001

DOI: 10.1016/j.frl.2025.107742

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