Exploring The Link Between TMT' International Experience And Firm International Performance

With the acceleration of global integration process,China's enterprises have to go out of the country at an unprecedented speed landing in the international market,in order to seek the growth of corporate profits.Among them,the electronic communication equipment manufacturing industry are more active to carry out overseas R&D activities in China,which occupies an important position in the national economy.Therefore,it is of great practical significance to explore how to realize the international and international factors in this background.TMT international experience has always been seen as a key factor driving the international performance of enterprises.Based on the echelon theory,The influence of TMT international on the international performance of enterprises is not only direct,but also indirectly influences the international performance of enterprises by influencing organizational strategic behavior.Meanwhile,the electronic communication equipment manufacturing industry is of relatively high degree of internationalization and overseas R&D investment,Overseas R&D is a key part of its international strategy,and determines the success or failure of its internationalization at a certain degree.In this context,exploring the relationship mechanism among the TMT international experience,overseas R&D and the international performance is very important to in-depth understand the TMT international experience and overseas R&D's role in the process of internationalization of enterprises.In addition,product diversification and international diversification are two important strategies for business growth,There exist a strong complementary effect and interaction effect between them,Overseas R&D is a key part of the international strategy,researching the impact of product diversification on the relationship between overseas R&D and international performance is important to make up for the deficiencies of existing research and guide for the internationalization of R&D.On the basis of combing existing literature,we use the 2010-2015'panel data of electronic communication equipment manufacturing industry in China as the study samples,and use descriptive statistical analysis,correlation analysis and multiple linear regression analysis as the statistical methods.Taking the research content as the starting point to collect data,analysis data,construct model and propose hypothesis.Eventually,we test the mediate effect of the overseas R&D on the relationship between the TMT international experience and international performance,as well as the moderate effect of product diversification on the relationship between the overseas R&D and international performance.The main conclusions are as follows: TMT international experience not only has a direct impact on the international performance of enterprises,but also through overseas R&D on the international performance of enterprises indirectly;The depth of overseas R&D has a positive impact on the international performance of the enterprise,while the breadth of overseas R&D has no significant negative impact on the international performance of the enterprise;Product diversification significantly adjusts the relationship between the depth of overseas R&D and international performance,and negatively regulates the relationship between the breadth of overseas R&D and international performance.Based on the above conclusions,the management recommendations are fellow: we should attach importance to the training and selection of executives with international experience in the process of developing overseas R&D activities;Increasing the investment in overseas R&D market to improve the depth of overseas R&D,and rationally distributing the breadth of overseas R&D activities to avoid bringing the enterprise huge costs from excessive decentralization;appropriatelly relax the performance evaluation cycle of team members with the international experience,and achieve synergies between TMT's international experience and overseas R&D in driving international performance;Reasonablly combinating the overseas R&D strategy and product diversification strategy to play a synergistic effect on the international performance of enterprises.The possible innovations in this paper are twofold: This paper divides the overseas R&D into two aspects: depth and breadth,And construct the corresponding measurement indicators,then empirical test the relationship between the micro-enterprise level overseas R&D and international performance;creatively integrating TMT international experience,overseas R&D and corporate international performance together,and through the introduction of product diversification to establish a new research framework,then from a new perspective to explain the relationship mechanism between TMT international experience and international performance.