Work

International operations and corporate R&D investment: Evidence from China

Year: 2024

Type: article

Abstract: This paper presents an examination of the relationship between international operations and corporate R&D investment. Using a large sample of Chinese listed firms for the 2009-2022 period and the ordinary least squares method, we find that international operations have a positive effect on corporate R&D investment. The finding remains valid after a battery of robustness tests. Mechanism tests show that international operations increase corporate R&D investment by diversifying product demand instead of increasing firms' international knowledge acquisition. This paper provides new evidence on the role of international operations in innovation activities.

Source: PLoS ONE

DOI: 10.1371/journal.pone.0308290

Authors: Ying Fu, Jiaying Li, Ying Wu

Institutions: Southwestern University of Finance and Economics, Nanjing Normal University

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $2,290