Multinational Corporations and Technological Innovation Development of China’s High-Tech Industries: A Heterogeneity-Based Threshold Effect Analysis-Reference-Cited by-同舟云学术

Multinational Corporations and Technological Innovation Development of China’s High-Tech Industries: A Heterogeneity-Based Threshold Effect Analysis

Published:2023-04-23 Issue:9 Volume:15 Page:7089
ISSN:2071-1050
Container-title:Sustainability
language:en
Short-container-title:Sustainability

Author:

Kou Yuanyuan¹,Chen Huiying¹,Liu Kai²^ORCID,Xu Huajie¹

Affiliation:

1. College of Economics and Management, Shandong University of Science and Technology, Qingdao 266590, China

2. School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China

Abstract

Technological innovation of multinational corporations (MNC) is an important engine to drive the world’s scientific and technological progress, which plays an important role in the sustainable development of global innovation. With China’s high-tech industry from 2009 to 2020 as the research sample, this study empirically analyzes the impact of MNCs’ two-stage innovation on the innovation efficiency of China’s high-tech industry through the perspective of base regression, threshold effect, and regional heterogeneity. It was found that MNC research and development (R&D) efficiency and achievement transformation efficiency have a positive impact on the innovation efficiency of high-tech industries in China, with nonlinear features and regional heterogeneity. This study provides an empirical basis for the efficient use of MNC’s innovative resources and the sustainable development of China’s high-tech industry.

Funder

Natural Science Foundation of Shandong Province

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

Link

https://www.mdpi.com/2071-1050/15/9/7089/pdf

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