Returnee entrepreneurs, knowledge spillovers and innovation in high-tech firms in emerging economies

Journal of International Business Studies

Volumn 41, Issue 7, 2010, Pages 1183-1197

  Liu, Xiaohui ^a   Lu, Jiangyong ^b   Filatotchev, Igor ^c   Buck, Trevor ^a   Wright, Mike ^d  

^a LOUGHBOROUGH UNIVERSITY   (United Kingdom)

^b Peking University   (China)

^c CITY UNIVERSITY   (United Kingdom)

^d UNIVERSITY OF NOTTINGHAM   (United Kingdom)

Author keywords

emerging markets countries economies; innovation performance; inter firm employee mobility; knowledge spillovers; returnee entrepreneurs

Indexed keywords

EID: 77956691823     PISSN: 00472506     EISSN: 14786990     Source Type: Journal    
DOI: 10.1057/jibs.2009.50     Document Type: Article

References (66)

1. Aghion, P., & Howitt, P. 1998. Endogenous growth theory. Cambridge, MA: MIT Press.
2. Aghion, P., Bloom, N., Blundell, R., Griffith, R., & Howitt, P. 2005. Competition and innovation: An inverted-U relationship. Quarterly Journal of Economics, 120(2): 701-728.
3. Agrawal, A., Cockburn, I., & McHale, J. 2006. Gone but not forgotten: Knowledge flows, labor mobility, and enduring social relationships. Journal of Economic Geography, 6(5): 571-591.
4. Aitken, B., & Harrison, A. 1999. Do domestic firms benefit from foreign direct investment? Evidence from Venezuela. American Economic Review, 89(3): 605-618.
5. Almeida, P., & Phene, A. 2004. Subsidiaries and knowledge creation: The influence of the MNC and host country on innovation. Strategic Management Journal, 25(8-9): 847-864.
6. Almeida, P., Dokko, G., & Rosenkopf, L. 2003. Startup size and the mechanisms of external learning: Increasing opportunity and decreasing ability? Research Policy, 32(2): 301-315.
7. Audretsch, D., & Lehmann, E. 2005. Does the knowledge spillover theory of entrepreneurship hold for regions? Research Policy, 34(8): 1191-1202.
8. Bernstein, J., & Mohnen, P. 1998. International R&D spillovers between US and Japanese R&D intensive sectors. Journal of International Economics, 44(2): 315-338.
9. Blomström, M., & Kokko, A. 1998. Multinational corporations and spillovers. Journal of Economic Surveys, 12(3): 247-277.
10. Blundell, R., & Bond, S. 1998. Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1): 115-143.
11. Blundell, R., Griffith, R., & van Reenen, J. 1999. Market share, market value and innovation in a panel of British manufacturing firms. Review of Economic Studies, 66(3): 529-554.
12. Buckley, P., Clegg, J., & Wang, C. 2002. The impact of inward FDI on the performance of Chinese manufacturing firms. Journal of International Business Studies, 33(4): 637-655.
13. Buckley, P., Clegg, J., & Wang, C. 2007. Is the relationship between inward FDI and spillover effects linear? An empirical examination of the case of China. Journal of International Business Studies, 38(3): 447-459.
14. Cai, H., Todo, K., & Zhou, L. 2007. Do multinationals' R&D activities stimulate indigenous entrepreneurship? Evidence from China's silicon valley'. NBER Working Paper No. 13618, National Bureau of Economic Research.
15. Castanias, R. P., & Helfat, C. 1992. Managerial and windfall rents in the market for corporate control. Journal of Economic Behavior and Organization, 18(2): 153-184.
16. Caves, R. E. 1974. Multinational firms, competition and productivity in host-country markets. Economica, 41(162): 176-193.
17. Chang, S., & Xu, D. 2008. Spillovers and competition among foreign and local firms in China. Strategic Management Journal, 29(5): 495-518.
18. Chen, J. 2007. Transaction costs and the trend of wholly foreignowned subsidiaries in China. http://www.fdi.gov.cn/pub/FDI/ wzyj/ztyj/kggszzg/ t20060920-63547.htm (in Chinese).
19. Cheung, K.-Y., & Lin, P. 2004. Spillover effects of FDI on innovation in China: Evidence from the provincial data. China Economic Review, 15(1): 25-44.
20. Coe, D., & Helpman, E. 1995. International R&D spillovers. European Economic Review, 39(5): 859-887.
21. Cohen, W., & Levinthal, A. 1990. Absorptive capability: A new perspective on learning and innovation. Administrative Science Quarterly, 35(1): 128-152.
22. Cooper, A. C., & Yin, X. 2005. Entrepreneurial networks. In M. A. Hitt & R. D. Ireland (Eds), The Blackwell encyclopaedia of entrepreneurship: 98-100. Oxford: Blackwell Publishing.
23. Davidsson, P., & Honig, B. 2003. The role of social and human capital among nascent entrepreneurs. Journal of Business Venturing, 18(3): 301-331.
24. Fiss, P. 2007. A set-theoretic approach to organizational configurations. Academy of Management Review, 32(4): 1180-1198.
25. Geroski, P. 1995. Market structure, corporate performance and innovative activity. Oxford: Oxford University Press.
26. Görg, H., & Greenaway, D. 2004. Much ado about nothing? Do domestic firms really benefit from foreign direct investment? World Bank Research Observer, 19(2): 171-197.
27. Görg, H., & Strobl, E. 2005. Spillovers from foreign firms through worker mobility: An empirical investigation. Scandinavian Journal of Economics, 107(4): 693-709.
28. Grandori, A., & Furnari, S. 2008. A chemistry of organization: Combinatory analysis and design. Organization Studies, 20(3): 459-485.
29. Grant, R. M. 1996. Towards a knowledge-based theory of the firm. Strategic Management Journal, 17(Special Issue): 109-122.
30. Greenaway, D., & Yu, Z. 2004. Firm level interactions between exporting and productivity: Industry specific evidence. Weltwirtschaftliches Archiv, 140(3): 376-393.
31. Grossman, G., & Helpman, E. 1991. Innovation and growth in the global economy. Cambridge, MA: MIT Press.
32. Hu, A. 2007. Technology parks and regional economic growth in China. Research Policy, 36(1): 76-87.
33. Inkpen, A., & Wang, P. 2006. An examination of collaboration and knowledge transfer: China-Singapore Suzhou Industrial Park. Journal of Management Studies, 43(4): 779-812.
34. Javorcik, B. 2004. Does foreign direct investment increase the productivity of domestic firms? In search of spillovers through backward linkages. American Economic Review, 94(3): 605-627.
35. Kim, L. 1997. The dynamics of Samsung's technological learning in semiconductors. California Management Review, 39(3): 86-100.
36. Kim, J., & Marschke, G. 2005. Labor mobility of scientists, technological diffusion, and the firm's patenting decision. RAND Journal of Economics, 36(2): 298-317.
37. Lane, P. J., Koka, B., & Pathak, S. 2006. The reification of absorptive capacity: A critical review and rejuvenation of the construct. Academy of Management Review, 31(4): 833-863.
38. Leng, T.-K. 2002. Economic globalization and IT talent flows across the Taiwan Strait: The Taipei/Shanghai/Silicon Valley triangle. Asian Survey, 42(2): 230-250.
39. Li, I. 2006. On the return to China. New York: Jorge Pinto Books.
40. Liu, X., & Buck, T. 2007. Innovation performance and channels for international technology spillovers: Evidence from Chinese high-tech industries. Research Policy, 36(3): 355-366.
41. MacGarvie, M. 2006. Do firms learn from international trade? Review of Economics and Statistics, 88(1): 46-60.
42. Madsen, T. L., Mosakowski, E., & Zaheer, S. 2003. Knowledge retention and personnel mobility: The non disruptive effects of inflows of experience. Organization Science, 14(2): 173-191.
43. Mansfield, E. 1988. Industrial R&D in Japan and the United States: A comparative study. American Economic Review, 78(2): 223-228.
44. Marvel, M., & Lumpkin, T. 2007. Technology entrepreneurs' human capital and its effects on innovation radicalness. Entrepreneurship Theory and Practice, 31(6): 807-828.
45. Mowery, D., Oxley, J., & Silverman, B. 1996. Strategic alliances and interfirm knowledge transfer. Strategic Management Journal, 17(Special Issue): 77-91.
46. National Bureau of Statistics of China. 2007. China statistical yearbook. Beijing: China Statistics Press.
47. Oettl, A., & Agrawal, A. 2008. International labor mobility and knowledge flow externalities. Journal of International Business Studies, 39(8): 1242-1260.
48. Pajunen, K. 2008. Institutions and inflows of foreign direct investment: A fuzzy-set analysis. Journal of International Business Studies, 39(4): 652-669.
49. People's Daily, Overseas Edition. 2007. Series report on what have returnees brought to China? 21 September.
50. Ragin, C. C. 2006. Set relations in social research: Evaluating their consistency and coverage. Political Analysis, 14(3): 291-310.
51. Saxenian, A. 1994. Regional advantage: Culture and competition in Silicon Valley and Route 128. Cambridge, MA: Harvard University Press.
52. Saxenian, A. 2002. Transnational communities and the evolution of global production networks: The cases of Taiwan, China and India. Industry and Innovation, 9(3): 183-202.
53. Saxenian, A. 2006. The new Argonauts: Regional advantage in a global economy. Cambridge, MA: Harvard University Press.
54. Singh, J. 2005. Collaborative networks as determinants of knowledge diffusion patterns. Management Science, 51(5): 756-770.
55. Song, J., Almeida, P., & Wu, G. 2003. Learning-by-hiring: When is mobility more likely to facilitate inter-firm knowledge transfer? Management Science, 49(4): 351-365.
56. Spencer, J. W. 2008. The impact of multinational strategy on indigenous enterprises: Horizontal spillovers and crowding out in developing countries. Academy of Management Review, 33(2): 341-361.
57. Tan, J. 2006. Growth of industry clusters and innovation: Lessons from Beijing Zhongguancun Science Park. Journal of Business Venturing, 21(6): 827-850.
58. Tian, X. 2007. Accounting for sources of FDI technology spillovers: Evidence from China. Journal of International Business Studies, 38(1): 147-159.
59. Tung, R., & van Witteloostuijn, A. 2008. From the editors: What makes a study sufficiently international? Journal of International Business Studies, 39(1): 180-183.
60. Ucbasaran, D., Westhead, P., & Wright, M. 2009. The extent and nature of opportunity identification by experienced entrepreneurs. Journal of Business Venturing, 24(2): 99-115.
61. Wei, Y., & Liu, X. 2006. Productivity spillovers from R&D, exports and FDI in China's manufacturing sector. Journal of International Business Studies, 37(4): 544-557.
62. Westhead, P., Wright, M., & Ucbasaran, D. 2001. The internationalization of new and small firms: A resource-based view. Journal of Business Venturing, 16(4): 333-358.
63. Zander, U., & Kogut, B. 1995. Knowledge and the speed of the transfer and imitation of organizational capabilities: An empirical test. Organization Science, 6(1): 76-92.
64. Zhongguancun Science Park Management Committee. 2006. Zhongguancun Science Park development report. Zhongguancun: Zhongguancun Science Park Management Committee.
65. Zhou, Y., & Xin, T. 2003. An innovative region in China: Interaction between multinational corporations and local firms in a high-tech cluster in Beijing. Economic Geography, 79(2): 129-152.
66. Zukowska-Gagelmann, K. 2002. Productivity spillovers from foreign direct investment. Economic Systems, 24(3): 223-256.