国际化与价值创新模式分析——基于发展中国家企业调研数据的研究

An Analysis of Internationalization and Enterprise Value Innovation:Based on Enterprises Survey Data in Developing Countries

文章从理论层面论证了各类国际化方式对企业价值创新模式选择的多种影响渠道,并基于世界银行的企业调研数据库进行实证研究。结果表明,企业国际化对价值创新方式的选择产生了显著的正向影响,但价值创新方式的选择却呈现出一定的异质性:当企业通过出口进入国际市场开展贸易时,企业更倾向进行技术创新和组织创新;当企业通过国际技术许可获取国外先进的技术或设备时,企业倾向于进行流程创新和技术创新;而当企业吸收国外直接投资时,企业更加倾向于非技术层面的组织创新和流程创新。在运用了倾向匹配得分法,部分解决了内生性问题后,本文的结论是稳健的。

This paper classifies the various impacts of Internationalization on enterprise value innovation mode from the theoretical level, then our empirical research based on the World Bank enterprises survey database shows that, the process of internationalization generate a significant positive impact on the choice of value innovation modes, which is a certain heterogeneity of the choice of Enterprise value innovation modes due to differences in internationalization modes. When companies enter the international market through export, the coefficient of technology innovation and organization innovation is higher. When by licensing technology, enterprises tend to be process innovation and technology innovation. When taking FDI, companies are more inclined to organization and process innovation. Through the use of Propensity score matching to overcome the endogeneity, we find that our previous conclusion is robust.