3 research outputs found
Simultaneous Impact of the Presence of Foreign MNEs on Indigenous Firms’ Exports and Domestic Sales
YesIncorporating the global production network approach and competitor analysis, this paper establishes an analytical framework with two hypotheses for the role of foreign multinational enterprises (FMNEs) in indigenous firms’ exports and domestic sales. First, the presence of FMNEs as a whole is likely to have a negative impact on indigenous firms’ domestic sales but a simultaneous positive impact on their exports in an emerging economy like China. Second, the presence of MNEs from Hong Kong, Macau and Taiwan (HMT MNEs) is more likely to generate this pattern of impact than MNEs from other countries (Other FMNEs). The FDI-led export strategy contributed to the dominance of the scenario described by the first hypothesis in China, while a higher degree of market commonality and resource similarity of HMT MNEs with that of indigenous Chinese firms than Other FMNEs leads to the second hypothesis. These novel hypotheses are tested and supported by a very large and recent firm-level panel dataset from Chinese manufacturing
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Exploring the links between offshoring and innovation
This Special Issue on Offshoring and Innovation, which collects a selection of papers presented at the Final Conference of a project on \u2018\u2018Production, R&D and
knowledge offshoring: economic analyses and implications for Italy\u2019\u2019 (prot. 2009KEKA5W), funded under the PRIN 2009 framework by the Italian Ministry of University and Research, aims to address some of the gaps discussed above through four articles investigating:
\u2013 the effects of production offshoring on innovative activities of manufacturing firms in the home country;
\u2013 the differential effects of R&D FDI and FDI in other economic activities on the technological leadership of the offshoring MNEs;
\u2013 the effects of R&D offshoring in emerging economies on the knowledge
creation of the offshoring MNEs and home system of innovation;
\u2013 the effects of inward FDI on innovation capabilities in host locations