| Based on a comprehensive database from 2005 to 2007 containing OFDI,export and related enterprise characteristics,this paper empirically tests the host country?region? effect of OFDI and export on our country?region? enterprise innovation performance.The empirical results show that,differences of host country?region? effect have a widely different influence on our enterprise innovation performance.Specifically,enterprises which both export and OFDI to west developed countries bring out a significantly better innovation performance,especially obvious for USA;while the impact is not significant in emerging economies(EMS),we can ascribe these differences to diverse OFDI motivation and dissimilar interactive effect between OFDI and export.Further research based on industry heterogeneity shows that,host country?region? effect of USA shows positive overflow only in low tech industries and high capital intensive industries;in Asia,the effect has a significant negative role only in high tech industries and low capital intensive industries;while the role of EMS is not significant,this is mainly up to China's different industry distribution of OFDI and the export as well as innovation environment difference in host country?region?. |
PDF Full Text Request