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Erschienen in: Management International Review 2/2014

01.04.2014 | Research Article

Bridging Knowledge Gaps: Returnees and Reverse Knowledge Spillovers from Chinese Local Firms to Foreign Firms

verfasst von: Xiaohui Liu, Jiangyong Lu, Seong-jin Choi

Erschienen in: Management International Review | Ausgabe 2/2014

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Abstract

Adopting a knowledge-based perspective and embeddedness theory, this study examines the impact of reverse knowledge spillovers from local Chinese firms to foreign firms using a sample of high-tech firms in Zhongguancun Science Park in China. It also investigates whether returnees in foreign firms help bridge knowledge gaps between local firms and foreign firms. The results show that the presence of returnee CEOs and returnee employees enhances the impact of reverse technological and marketing spillovers on the innovation and financial performance of foreign firms. The findings call for more studies on the social dimensions of knowledge spillovers across international boundaries and have important theoretical and practical implications.

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Fußnoten
1
Statistics for ZSP comes from “Zhongguancun Index 2011” (http://​www.​zgc.​gov.​cn/​fzbg/​sjbg/​), while statistics for Silicon Valley comes from “Silicon Valley Index 2011” (http://​www.​siliconvalleyind​ex.​org/​).
 
2
The number of firm-year observations is an expression indicating the total number of observations in panel data involving repeated observations of the sample firms over time.
 
3
For example, for an industry with 100 firms, a foreign firm with relative profitability value of 0.65 (mean of the sampled firms) means it ranks 35 among these 100 firms (0.65 = (1 − 35/100)).
 
4
According to China’s ‘General Principles of the Civil Law’ (Article 38), a firm’s legal representative is the responsible person who acts on behalf of the firm in exercising its functions and powers (Li et al. 2012, p. 258).
 
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Metadaten
Titel
Bridging Knowledge Gaps: Returnees and Reverse Knowledge Spillovers from Chinese Local Firms to Foreign Firms
verfasst von
Xiaohui Liu
Jiangyong Lu
Seong-jin Choi
Publikationsdatum
01.04.2014
Verlag
Springer Berlin Heidelberg
Erschienen in
Management International Review / Ausgabe 2/2014
Print ISSN: 0938-8249
Elektronische ISSN: 1861-8901
DOI
https://doi.org/10.1007/s11575-013-0185-0

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