TY - JOUR
T1 - A contingent view of institutional environment, firm capability, and innovation performance of emerging multinational enterprises
AU - Wu, Jie
AU - Ma, Zhenzhong
AU - Liu, Zhiyang
AU - Lei, Chun Kwok
N1 - Acknowledgement:
The authors would like to acknowledge the financial support provided by University of Macau (No. MYRG 2016-00207-FBA/ MYRG2018-00171-FBA) and National Natural Science Foundation of China (No. 71728003).
PY - 2019/10/31
Y1 - 2019/10/31
N2 - Drawing on the institution theory and the resource-based view of the firm, we propose a contingent view on the relationship between host market's institutional environment, emerging multinational enterprises (EMNEs)’ capability, and their innovation performance in the internationalization process. Specifically, we examine three key aspects of host market's institutional environment: market maturity, intellectual property right protection, and cultural distance, to investigate their distinct impact on innovation performance. We further explore how the effects of institutional environment is contingent upon firm-specific absorptive capability. The analyses of a panel data of 735 Chinese EMNEs provide support for this contingent view, and the findings of this study thus can help advance our understanding of the internationalization process of EMNEs.
AB - Drawing on the institution theory and the resource-based view of the firm, we propose a contingent view on the relationship between host market's institutional environment, emerging multinational enterprises (EMNEs)’ capability, and their innovation performance in the internationalization process. Specifically, we examine three key aspects of host market's institutional environment: market maturity, intellectual property right protection, and cultural distance, to investigate their distinct impact on innovation performance. We further explore how the effects of institutional environment is contingent upon firm-specific absorptive capability. The analyses of a panel data of 735 Chinese EMNEs provide support for this contingent view, and the findings of this study thus can help advance our understanding of the internationalization process of EMNEs.
KW - Absorptive capability
KW - Cultural distance
KW - Institutional theory
KW - Intellectual property rights
KW - Market maturity
KW - Resource-based view of the firm
UR - http://www.scopus.com/inward/record.url?scp=85060757761&partnerID=8YFLogxK
U2 - 10.1016/j.indmarman.2019.01.018
DO - 10.1016/j.indmarman.2019.01.018
M3 - Article
AN - SCOPUS:85060757761
VL - 82
SP - 148
EP - 157
JO - Industrial Marketing Management
JF - Industrial Marketing Management
SN - 0019-8501
ER -
