The effects of innovative capabilities on exporting: Do institutional forces matter?

International Business Review

Volumn 22, Issue 2, 2013, Pages 392-406

  Yi, Jingtao ^a   Wang, Chengqi ^a,b   Kafouros, Mario ^c  

^a Renmin Business School   (China)

^b UNIVERSITY OF NOTTINGHAM   (United Kingdom)

^c UNIVERSITY OF LEEDS   (United Kingdom)

Author keywords

China; Emerging market firms; Exports; Innovative capabilities; Institution

Indexed keywords

EID: 84875258186     PISSN: 09695931     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ibusrev.2012.05.006     Document Type: Article

References (99)

1. Aiken L., West S. Multiple regression: Testing and interpreting interactions 1991, Sage Publications, Newbury Park, CA.
2. Aitken B.J., Harrison A.E. Do domestic firms benefit from direct foreign investment? Evidence from Venezuela. American Economic Review 1999, 89(3):605-618.
3. Basile R. Export behaviour of Italian manufacturing firms over the nineties: The role of innovation. Research Policy 2001, 30(8):1185-1201.
4. Becker S.O., Egger P. Endogenous product versus process innovation and a firm's propensity to export. Empirical Economics 2009, 10.1007/s00181-009-0322-6.
5. Blomström M., Kokko A. Multinational corporations and spillovers. Journal of Economic Surveys 1998, 12(2):1-31.
6. Bloodgood J.M., Sapienza H.J., Almeida J.G. The internationalization of new high-potential US ventures: Antecedents and outcomes. Entrepreneurship Theory and Practice 1996, 20(4):61-76.
7. Blundell R., Griffith R., van Reenen J. Market share, market value and innovation in a panel of British manufacturing firms. Review of Economic Studies 1999, 66(3):529-554.
8. Buckley P.J., Clegg J., Wang C. The impact of inward FDI on the performance of Chinese manufacturing firms. Journal of International Business Studies 2002, 33(4):637-655.
9. Buckley P.J., Clegg J., Wang C. Is the relationship between inward FDI and spillover effects linear? An empirical examination of the case of China. Journal of International Business Studies 2007, 38(3):447-459.
10. Caldera A. Innovation and exporting: Evidence from Spanish manufacturing firms. Review of World Economics 2010, 146(4):657-689.
11. Capron L., Chatain O. Competitors' resource-oriented strategies: Acting on competitors' resources through interventions in factor markets and political markets. Academy of Management Review 2008, 33(1):97-121.
12. Cassiman B., Golovko E. Innovation and internationalization through exports. Journal of International Business Studies 2011, 42(1):56-75.
13. Chacar A., Vissa B. Are emerging economies less efficient? Performance persistence and the impact of business group affiliation. Strategic Management Journal 2005, 26(10):933-946.
14. Chang S.J., Chung C.N., Mahmood I.P. When and how does business group affiliation promote firm innovation? A tale of two emerging economies. Organization Science 2006, 17(5):637-656.
15. Child J., Tse D.K. China's transition and its implications for international business. Journal of International Business Studies 2001, 32(1):5-21.
16. Coff R.W. When competitive advantage doesn't lead to performance: The resource-based view and stakeholder bargaining power. Organization Science 1999, 10(2):119-133.
17. Cooper R.G., Kleinschmidt E.J. The impact of strategy on export sales performance. Journal of International Business Studies 1985, 16(1):37-56.
18. Cuervo-Gazurra A., Dau A.L. Promarket reforms and firm profitability in developing countries. Academy of Management Journal 2009, 52(6):1348-1368.
19. Cui L., Jiang F. State ownership effect on firms' FDI ownership decisions under institutional pressure: A study of Chinese outward-investing firms. Journal of International Business Studies 2012, 43(3):264-284.
20. Dachs B., Ebersberger B., Lööf H. The innovative performance of foreign-owned enterprises in small open economies. Journal of Technology Transfer 2008, 33(4):393-406.
21. De Long J.B., Shleifer A. Princes and merchants: European city growth before the industrial revolution. Journal of Law and Economics 1993, 36(2):671-702.
22. Dhanaraj C., Beamish P.W. A resource-based approach to the study of export performance. Journal of Small Business Management 2003, 41(3):242-261.
23. Du J., Girma S. The effects of foreign acquisitions on domestic and export markets in China. World Economy 2009, 32(1):164-177.
24. Du J., Lu Y., Tao Z. Economic institutions and FDI location choice: Evidence from US multinationals in China. Journal of Comparative Economics 2008, 36(3):412-429.
25. Dunning J.H. Towards a new paradigm of development: Implications for the determinants of international business. Transnational Corporations 2006, 15(1):173-227.
26. Dunning J.H., Lundan S.M. Institutions and the OLI paradigm of the multinational enterprise. Asia Pacific Journal of Management 2008, 25(4):573-593.
27. Dutta S., Narasimhan O., Rajiv S. Conceptualizing and measuring capabilities: Methodology and empirical application. Strategic Management Journal 2005, 26(3):277-285.
28. Estrin S., Meyer K.E., Wright M., Foliano F. Export propensity and intensity of subsidiaries in emerging economies. International Business Review 2008, 17(5):574-586.
29. Fan G., Wang X., Zhu H. NERI index of marketization of China's provinces 2009 report 2010, Economic Science Press, Beijing.
30. Fang T. Yin Yang: A new perspective on culture. Management and Organization Review 2012, 8(1):25-50.
31. Faure G.O., Fang T. Changing Chinese values: Keeping up with paradoxes. International Business Review 2008, 17(2):194-207.
32. Filatotchev I., Stephan J., Jindra B. Ownership structure, strategic controls and export intensity of foreign-invested firms in transition economies. Journal of International Business Studies 2008, 39(7):1133-1148.
33. Frenz M., Ietto-Gillies G. Does multinationality affect the propensity to innovate? An analysis of the Third UK Community Innovation Survey. International Review of Applied Economics 2007, 21(1):99-117.
34. Ganotakis P., Love J.H. R&D, product innovation, and exporting: Evidence from UK new technology based firms. Oxford Economic Papers 2011, 63(2):279-306.
35. Girma S., Gong Y., Gorg H., Yu Z. Can production subsidies explain China's export performance? Evidence from firm-level data. Scandinavian Journal of Economics 2009, 111(4):863-891.
36. Girma S., Gorg H., Hanley A. R&D and exporting: A comparison of British and Irish firms. Review of World Economics 2008, 144(4):750-773.
37. Gorodnichenko Y., Svejnar J., Terrell K. Globalization and innovation in emerging markets. American Economic Journal - Macroeconomics 2010, 2(2):194-226.
38. Görg H., Strobl E. Multinational companies and productivity spillovers: A Meta-analysis. The Economic Journal 2001, 111(475):F723-F739.
39. Granovetter M. Coase revisited: Business groups in the modern economy. Industrial and Corporate Change 1995, 4(1):93-130.
40. Grant R.M. The resource-based theory of competitive advantage: Implications for strategy formulation. California Management Review 1991, 33(3):114-135.
41. Guilleón M. Business groups in emerging economies: A resource-based view. Academy of Management Journal 2000, 43(3):362-380.
42. Harris R., Li Q. Exporting, R&D, and absorptive capacity in UK establishments. Oxford Economic Papers 2009, 61(1):74-103.
43. He J., Wang H.C. Innovative knowledge assets and economic performance: The asymmetric role of incentives and monitoring. Academy of Management Journal 2009, 52(5):919-938.
44. Henisz W.J., Swaminathan A. Institutions and international business. Journal of International Business Studies 2008, 39(4):537-539.
45. Hoskisson R., Eden L., Lau C., Wright M. Strategy in emerging economies. Academy of Management Journal 2000, 43(3):249-267.
46. Jefferson G., Su J. Privatization and restructuring in China: Evidence from shareholding ownership, 1995-2001. Journal of Comparative Economics 2006, 34(1):144-166.
47. Johanson J., Vahlne J.E. The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership. Journal of International Business Studies 2009, 40(9):1411-1431.
48. Kafouros M.I., Buckley P.J., Sharp J.A., Wang C. The role of internationalization in explaining innovation performance. Technovation 2008, 28(1-2):63-74.
49. Katila R., Ahuja G. Something old, something new: A longitudinal study of search behaviour and new product introduction. Academy of Management Journal 2002, 45(6):1183-1194.
50. Khanna T., Palepu K. Why focused strategies may be wrong for emerging markets. Harvard Business Review 1997, 75(4):41-51.
51. Kogut B., Zander U. Knowledge of the firm, combinative capabilities, and the replication of technology. Organization Science 1992, 3(3):383-397.
52. Lachenmaier S., Wößmann L. Does innovation cause exports? Evidence from exogenous innovation impulses and obstacles using German micro data. Oxford Economic Papers 2006, 58(2):317-350.
53. Lefebvre E., Lefebvre L.A., Bourgault M. R&D-related capabilities as determinants of export performance. Small Business Economics 1998, 10(4):365-377.
54. Leff N. Industrial organization and entrepreneurship in developing countries: The economic groups. Economic Development and Cultural Change 1978, 26(4):661-675.
55. Lu J.W., Ma X. The contingent value of local partners' business group affiliation. Academy of Management Journal 2008, 51(2):295-314.
56. Lu J., Xu B., Liu X. The effects of corporate governance and institutional environments on export behaviour in emerging economies: Evidence from China. Management International Review 2009, 49(4):455-478.
57. Luo Y. Dynamic capabilities in international expansion. Journal of World Business 2000, 35(4):355-378.
58. Mahmood I., Mitchell W. Two faces: Effects of business groups on innovation in emerging economies. Management Science 2004, 50(10):1348-1365.
59. Meyer K.E., Peng M.W. Probing theoretically into Central and Eastern Europe: Transactions, resources, and institutions. Journal of International Business Studies 2005, 36(6):600-621.
60. Morgan N.A., Kaleka A., Katsikeas C.S. Antecedents of export venture performance: A theoretical model and empirical assessment. Journal of Marketing 2004, 68(1):90-108.
61. Morgan N.A., Vorhies D.W., Schlegelmilch B.B. Resource-performance relationships in industrial export ventures: The role of resource inimitability and substitutability. Industrial Marketing Management 2006, 35(5):621-633.
62. Neter J., Wasserman W., Kutner M.H. Applied linear statistical models 1985, Irwin, Homewood, IL.
63. North D. Institutions, institutional change and economic performance 1990, Cambridge University Press, Cambridge.
64. Oliver C. Sustainable competitive advantage: Combining institutional and resource-based views. Strategic Management Journal 1997, 18(9):697-713.
65. Pearce J.L., Xin K.M., Xu Q.J., Rao A.N. Managers' context: How government capability affect managers. British Journal of Management 2011, 22(3):500-516.
66. Peng M., Delios A. What determines the scope of the firm over time and around the world? An Asia Pacific perspective. Asia Pacific Journal of Management 2006, 23(4):385-405.
67. Peng M.W., Heath P.S. The growth of the firm in planned economies in transition: Institutions, organizations, and strategic choice. Academy of Management Review 1996, 21(2):492-528.
68. Peng M.W., Luo Y. Managerial ties and firm performance in a transition economy: The nature of a micro-macro link. Academy of Management Journal 2000, 43(3):486-501.
69. Peng M.W., Wang D.Y.L., Jiang Y. An institution-based view of international business strategy: A focus on emerging economies. Journal of International Business Studies 2008, 39(5):920-936.
70. Peteraf M.A. The cornerstones of competitive advantage: A resource-based view. Strategic Management Journal 1993, 14(3):179-191.
71. Piercy N., Kaleka A., Katsikeas C. Sources of competitive advantage in high performing exporting companies. Journal of World Business 1998, 33(4):378-392.
72. Pla-Barber J., Alegre J. Analysing the link between export intensity, innovation and firm size in a science-based industry. International Business Review 2007, 16(3):275-293.
73. Porta R.L., Lopez-de-Silanes F., Shleifer A., Vishny R. The quality of government. Journal of Law, Economics and Organization 1999, 15(1):222-279.
74. Powell W.W. Neither market nor hierarchy: Network forms of organization. Research in Organizational Behavior 1990, 12(1):295-336.
75. Priem R.L., Butler J.E. Is the resource-based theory a useful perspective for strategic management research?. Academy of Management Review 2001, 26(1):22-40.
76. Qian Y. Enterprise reform in China: Agency problems and political control. Economics of Transition 1996, 4(2):427-447.
77. Ramamurti R. The obsolescing 'bargaining model'? MNE-host developing country relations revisited. Journal of International Business Studies 2001, 32(1):23-40.
78. Roberts M.J., Tybout J.R. The decision to export in Colombia: An empirical model of entry with sunk costs. The American Economic Review 1997, 87(4):545-564.
79. Sadowski B.M., Sadowski-Rasters G. On the innovativeness of foreign affiliates: Evidence from companies in the Netherlands. Research Policy 2006, 35(3):447-462.
80. Salomon R.M., Shaver J.M. Learning by exporting: New insights from examining firm innovation. Journal of Economics and Management Strategy 2005, 4(2):431-460.
81. Salomon R., Jin B. Does knowledge spill to leaders or laggards? Exploring industry heterogeneity in learning by exporting. Journal of International Business Studies 2008, 39(1):132-150.
82. Scott W.R. Institutions and organizations 1995, Sage, Thousand Oaks, CA.
83. Sterlacchini A. The determinants of export performance: A firm-level study of Italian manufacturing. Review of World Economics 2001, 137(3):450-472.
84. Sun S. How does FDI affect domestic firms' exports? Industrial evidence. World Economy 2009, 32(8):1203-1222.
85. Tallman S.B. A strategic management perspective on host country structure of multinational enterprises. Journal of Management 1992, 18(3):455-471.
86. Tallman S.B., Fladmoe-Lindquist K. Internationalization, globalization and capability: Based strategy. California Management Review 2002, 45(1):116-132.
87. Wan W.P., Hoskisson R.E. Home country environments, corporate diversification strategies, and firm performance. Academy of Management Journal 2003, 46(1):27-45.
88. Wang C., Buckley P.J., Clegg J., Kafouros M. The impact of foreign direct investment on Chinese export performance. Transnational Corporations 2007, 16(2):119-136.
89. Wang C., Hong J., Kafouros M., Boateng A. What drives outward FDI of Chinese firms? Testing the explanatory power of three theoretical frameworks. International Business Review 2012, 21(3):426-438.
90. Westhead P., Wright M., Ucbasaran D. Internationalization of private firms: Environmental turbulence and organizational strategies and resources. Entrepreneurship and Regional Development 2004, 16(6):501-522.
91. White H. A heteroscedasticity consistent covariance matrix estimator and a direct test for heteroscedasticity. Econometrica 1980, 48(4):817-838.
92. Williamson J. The strange history of the Washington consensus. Journal of Post Keynesian Economics 2004, 27(2):195-206.
93. World Bank The world development indicators 2008 2008, World Bank, New York, USA.
94. Xin K.R., Pearce J.L. Guanxi: Connections as substitutes for formal institutional support. Academy of Management Journal 1996, 39(6):1641-1658.
95. Yamakawa Y., Peng M.W., Deeds D.L. What drives new ventures to internationalize from emerging economies?. Entrepreneurship Theory and Practice 2008, 32(1):59-82.
96. Yi J., Wang C. The decision to export: Firm heterogeneity, sunk costs, and spatial concentration. International Business Review 2011, 10.1016/j.ibusrev.2011.09.001.
97. Zhang Y., Li H., Hitt M.A., Cui G. R&D intensity and international joint venture performance in an emerging market: Moderating effects of market focus and ownership structure. Journal of International Business Studies 2007, 38(6):944-960.
98. Zhou C., Li J. Product innovation in emerging market-based international joint ventures: An organizational ecology perspective. Journal of International Business Studies 2008, 39(7):1114-1132.
99. Zou S., Stan S. The determinants of export performance. A review of the empirical literature between 1987 and 1997. International Marketing Review 1998, 15(5):333-356.