制度复杂性与跨国企业创新绩效:基于制度逻辑理论的视角

摘要/Abstract

摘要： 新兴经济体跨国企业不仅需要面对母国与东道国之间的双元制度差异,还需要应对东道国与东道国之间的多元制度差异。在我国处于经济高质量发展转型关键阶段的背景下,了解多重东道国制度逻辑下的制度复杂性特征对跨国企业创新绩效的影响对于企业做优做强具有重要意义。基于制度逻辑理论,本文以2007-2017年中国A股上市公司为样本,探讨东道国制度复杂性对跨国企业创新绩效的影响。实证结果表明,制度复杂性显著提高了跨国企业的创新绩效,体现为专利申请数量的增加;母国制度约束和企业国际化经验显著加强了制度复杂性的创新促进作用。进一步研究发现,制度复杂性通过提高跨国企业的吸收能力进而提高了跨国企业创新绩效。本文不仅证实了制度复杂性对跨国企业创新绩效的正向促进效应,为跨国企业面对制度复杂性的行为策略提供了新的经验证据,也对实施创新驱动发展战略具有重要的政策启示。

关键词: 制度复杂性, 创新绩效, 跨国企业, 国际化

Abstract: Emerging economy multinational enterprises (MNEs) not only need to face institutional difference between home and host countries, but also between different host countries. Under the background that China is in a critical stage of high-quality economic development and transformation, it is of great significance to understand the effect of institutional complexity on MNEs' innovation performance from the institutional logics perspective. Based on the data of Chinese A-share listed companies from 2007 to 2017, this paper examines the relationship between institutional complexity of host countries and MNEs' innovation performance. Our findings suggest that institutional complexity has a significantly positive impact on MNEs' innovation performance, which is reflected in the increase of the number of patent applications. In addition, we find that the institutional constraints from home country and MNEs' international experience positively moderate the institutional complexity-innovation relationship. Moreover, our results show that institutional complexity promotes MNEs' innovation performance by improving their absorptive capacity. This paper not only confirms the positive effect of institutional complexity on MNEs' innovation performance, thus providing new empirical evidence for MNEs' strategic responses to institutional complexity, but also has important policy implications for the implementation of innovation-driven development strategy.

Key words: institutional complexity, innovation performance, multinational enterprises, internationalization

申李莹, 陈德球. 制度复杂性与跨国企业创新绩效:基于制度逻辑理论的视角[J]. 管理评论, 2024, 36(8): 105-118.

Shen Liying, Chen Deqiu. The Effect of Institutional Complexity on MNEs' Innovation Performance: Based on the Perspective of Institutional Logics Theory[J]. Management Review, 2024, 36(8): 105-118.

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