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Learning through exploitative and exploratory overseas R&D: impacts on EMNEs' innovation performance

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  • Xi Zhong
  • Weihong Chen

Abstract

Purpose - This study aims to examine whether exploitative and exploratory overseas R&D have independent and significant effects on emerging economy multinational enterprises' (EMNEs’) innovation performance and whether top management team (TMT) nationality diversity and openness have a moderating effect on these relationships. Design/methodology/approach - This study analyzes data collected from Chinese-listed manufacturing enterprises for 2007 to 2018. Findings - Empirical results show that both exploitative and exploratory overseas R&D can help improve EMNEs' innovation performance. The authors further find that TMT nationality diversity and TMT openness strengthen the aforementioned relationships. Originality/value - This study presents the first empirical evidence showing whether and when exploitative and exploratory overseas R&D have independent and heterogeneous effects on EMNEs' innovation performance.

Suggested Citation

  • Xi Zhong & Weihong Chen, 2022. "Learning through exploitative and exploratory overseas R&D: impacts on EMNEs' innovation performance," International Journal of Emerging Markets, Emerald Group Publishing Limited, vol. 19(8), pages 2293-2314, November.
    • Handle: RePEc:eme:ijoemp:ijoem-12-2021-1811
    DOI: 10.1108/IJOEM-12-2021-1811
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