International operations and corporate R&D investment: Evidence from China.
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- Record sourced from PubMed, PMID 39255282.
- Also identified by DOI 10.1371/journal.pone.0308290 and PMC identifier 11386441.
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Abstract
This paper presents an examination of the relationship between international operations and corporate R&D investment. Using a large sample of Chinese listed firms for the 2009-2022 period and the ordinary least squares method, we find that international operations have a positive effect on corporate R&D investment. The finding remains valid after a battery of robustness tests. Mechanism tests show that international operations increase corporate R&D investment by diversifying product demand instead of increasing firms' international knowledge acquisition. This paper provides new evidence on the role of international operations in innovation activities.
Medical subject headings
- Investments
- Research