我国知识产权发展如何影响企业“走出去”?

摘要/Abstract

摘要： 本文利用省际知识产权发展和企业对外直接投资数据，基于Probit模型考察了我国知识产权运用发展和服务发展对企业对外直接投资概率的影响效应及机制，以及金融发展和营商环境的调节效应。研究发现：①知识产权运用发展和服务发展均能够提高企业对外直接投资概率，经过稳健性检验和内生性处理后依然成立；②知识产权运用发展和服务发展分别通过缓解企业融资约束和降低企业经营风险进而提高其对外直接投资概率；③金融发展对知识产权运用发展和企业对外直接投资概率之间的关系不存在调节效应，营商环境正向调节知识产权服务发展对企业对外直接投资概率的促进作用。本研究中，母国知识产权运用发展和服务发展视角的选择，弥补了现有研究多从东道国视角切入，以及重视知识产权保护而忽略知识产权其他方面经济效应的不足。

关键词: 知识产权, 对外直接投资, 融资约束, 经营风险

Abstract: China urgently needs to help enterprises “going global” by improving the development level of intellectual property. Using the provincial intellectual property development indexes and enterprise OFDI data, this study investigates the impact and mechanism of China’s intellectual property development on the enterprises’ OFDI probability based on Probit model and intermediary effect model. The results are as follows: (1) The intellectual property application and service development can both increase the enterprises’ outward foreign direct investment (OFDI) probability. The above conclusions are still valid after the robustness test and endogeneity treatment. (2) The mechanism tests show that the intellectual property application and service development increases OFDI probability by alleviating the enterprises’ financing constraints and reducing the enterprises’ business risks respectively. (3) The moderating effect tests find that there is no moderating effect of financial development on the relationship between intellectual property application development and enterprises’ OFDI probability. Whereas the business environment positively moderates the promoting effect of intellectual property service development on enterprises’ OFDI probability. Selecting the perspective of intellectual property application and service development in the home country, this paper makes up for the defect that the existing researches mainly focus on the perspective of the host country, and only pay attention to the intellectual property protection while ignoring the economic effects of other intellectual property aspects.

Key words: intellectual property, OFDI, financing constraints, business risks

杜小飞, 栾维新. 我国知识产权发展如何影响企业“走出去”?[J]. 管理评论, 2025, 37(3): 42-54.

Du Xiaofei, Luan Weixin. How does the Intellectual Property Development in China Affect the Enterprises’ “Going Global”?[J]. Management Review, 2025, 37(3): 42-54.

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