Research on the Impact of Foreign Direct Investment on the Growth Performance of Enterprises

----Mediation Effect based on Dual Innovation Capability

DOI

10.2991/978-94-6463-548-5_23How to use a DOI?

Keywords

Foreign direct investment; Corporate growth performance; Dual innovation; Network Centrality

Abstract

Based on the perspectives of foreign direct investment and dual innovation theory, this study empirically investigates the impact of foreign direct investment on the growth performance of high-tech listed companies in Shanghai and Shenzhen from 2011 to 2020. The mediating effect of dual innovation capability between foreign direct investment and corporate growth performance is analyzed, and whether network centrality has a moderating effect on the relationship between foreign direct investment and corporate growth performance is explored. The empirical results show that: (1) Foreign direct investment has a positive impact on the growth performance of enterprises; (2) Dual innovation capability plays a mediating role between FDI and growth performance, while applied innovation capability and exploratory innovation capability play a partial mediating role between them; (3) Network centrality plays a positive moderating role in the relationship between foreign direct investment and corporate growth performance. This article proposes that high-tech enterprises should actively introduce foreign investment, enhance dual innovation capabilities.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Can Peng
AU  - Jiayi Yin
PY  - 2024
DA  - 2024/10/21
TI  - Research on the Impact of Foreign Direct Investment on the Growth Performance of Enterprises
BT  - Proceedings of the 2024 3rd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2024)
PB  - Atlantis Press
SP  - 195
EP  - 212
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-548-5_23
DO  - 10.2991/978-94-6463-548-5_23
ID  - Peng2024
ER  -