Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10492578 | Journal of Business Research | 2016 | 9 Pages |
Abstract
International diversification has become a vital innovation strategy for firms in emerging economies. This study investigates an under-researched topic: the relationships between international diversification, capabilities and innovation performance among firms in an emerging economy. We offer a dynamic capabilities explanation for the relationship between international diversification and firms' innovation performance. By employing a large sample of Chinese manufacturing firms, our investigation demonstrates that while international diversification is important in the innovation effort, its effect on innovation performance is mediated through each firm's opportunity-recognizing capability and opportunity-capitalizing capability. The implications of these findings for theoretical development and future research are discussed.
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Authors
Hang Wu, Jin Chen, Hao Jiao,