摘要
高效率地整合国内外两个市场、两种资源是提升企业创新水平的重要途径。基于2007-2021年上市公司微观数据,从出口和对外投资双重视角系统考察企业海外市场开拓对企业创新的影响及其内在机制。研究发现:企业出口和企业对外直接投资均促进了企业创新;异质性分析表明,非国有企业、海外市场占比高的企业和生产率较低企业的海外市场拓展更易提升企业创新水平;机制分析表明,企业出口和企业对外直接投资促进创新的效果均通过提升研发资金投入、提高技术人员雇佣两个路径实现。进一步对比分析表明,相较于企业出口,企业对外直接投资对企业创新的促进效应更显著。
Efficient integration of two markets and two resources at home and abroad is an important way to enhance the level of enterprise innovation.Based on the micro-data of listed companies from 2007 to 2021,this study system-atically examines the impact of enterprises'overseas market development on enterprise innovation and its internal mechanism from the dual perspectives of export and outbound investment.The results show that both export and OFDI promote innovation;Heterogeneity analysis shows that the overseas market expansion of non-state-owned en-terprises,enterprises with a high proportion of overseas market and enterprises with low productivity are more likely to improve the innovation level of enterprises.Mechanism analysis shows that the effect of enterprise export and OF-DI on promoting innovation can be realized through two ways:increasing R&D investment and increasing the em-ployment of technical personnel.Further comparative analysis shows that OFDI has a more significant promoting effect on innovation than export.
作者
朱廷珺
武润蒲
ZHU Tingjun;WU Runpu(School of Economics and Management,Lanzhou Jiaotong University,Lanzhou 730070;School of International Economics and Trade,Lanzhou University of Finance and Economics,Lanzhou 730020,China)
出处
《兰州交通大学学报》
CAS
2024年第1期114-124,共11页
Journal of Lanzhou Jiaotong University
基金
国家社会科学基金重点项目“工业智能化应用对我国贸易高质量发展的影响研究”(22AJL012)。