Balance or Combine? Ambidextrous Innovation Strategy Selection of International Entrepreneurial-Oriented Enterprises in China

Abstract

This study examines how ambidextrous balanced innovation and ambidextrous combined innovation affect international entrepreneurial-oriented enterprise growth within the holistic paradigm of systems thinking and discusses the systemic impact of industry international competitiveness and industry financing dependence. We select the unbalanced panel data of China’s ICT industry international enterprises from 2010 to 2021 for empirical research, and we employ the fixed effect model for testing. The empirical results indicate that both ambidextrous balanced innovation and ambidextrous combined innovation promote international entrepreneurial-oriented enterprise growth, that the industry’s international competitiveness positively moderates the relationship between ambidextrous balanced innovation and international entrepreneurial-oriented enterprise growth, and that the industry’s financing dependence negatively moderates the relationship between ambidextrous balanced innovation and international entrepreneurial-oriented enterprise growth. The aforementioned conclusion is robust against a series of robustness tests. This study expands the theoretical research on international entrepreneurship and ambidextrous innovation strategy selection and may help in the selection of ambidextrous innovation strategies for international entrepreneurial-oriented enterprises.