Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/187678
Authors: 
Xu, Xin
Xia, Yun
Li, Chuntao
Year of Publication: 
2017
Citation: 
[Journal:] China Journal of Accounting Research [ISSN:] 1755-3091 [Volume:] 10 [Year:] 2017 [Issue:] 3 [Pages:] 247-280
Abstract: 
Within the special environment of the ChiNext market, we study how an internationalization strategy affects the independent innovation of Chinese entrepreneurial companies from two dimensions: R&D input and patent output. An internationalization strategy has a significant incentive effect on R&D input and a significant efficiency improvement effect on patent output. Entrepreneurial companies with higher degrees of internationalization have higher R&D inputs and patent outputs. After endogeneity is controlled, these effects still exist. Internationalization strategy has more pronounced effects on independent innovation in strategic emerging industries. The results elucidate the internationalization strategy and independent innovation of Chinese entrepreneurial companies, and have valuable implications for Chinese regulators in making international development policies for strategic emerging industries and independent innovation.
Subjects: 
Internationalization
R&D
Patent output
Strategic emerging industries
JEL: 
O32
F23
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/4.0/
Document Type: 
Article
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