Learning through exploitative and exploratory overseas R&D: impacts on EMNEs' innovation performance

Xi Zhong and Weihong Chen

International Journal of Emerging Markets, 2022, vol. 19, issue 8, 2293-2314

Abstract: Purpose - This study aims to examine whether exploitative and exploratory overseas R&D have independent and significant effects on emerging economy multinational enterprises' (EMNEs’) innovation performance and whether top management team (TMT) nationality diversity and openness have a moderating effect on these relationships. Design/methodology/approach - This study analyzes data collected from Chinese-listed manufacturing enterprises for 2007 to 2018. Findings - Empirical results show that both exploitative and exploratory overseas R&D can help improve EMNEs' innovation performance. The authors further find that TMT nationality diversity and TMT openness strengthen the aforementioned relationships. Originality/value - This study presents the first empirical evidence showing whether and when exploitative and exploratory overseas R&D have independent and heterogeneous effects on EMNEs' innovation performance.

Keywords: Overseas R&D; Nationality diversity; Openness; Innovation performance (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijoemp:ijoem-12-2021-1811

DOI: 10.1108/IJOEM-12-2021-1811

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