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文章从理论层面论证了各类国际化方式对企业价值创新模式选择的多种影响渠道,并基于世界银行的企业调研数据库进行实证研究。结果表明,企业国际化对价值创新方式的选择产生了显著的正向影响,但价值创新方式的选择却呈现出一定的异质性:当企业通过出口进入国际市场开展贸易时,企业更倾向进行技术创新和组织创新;当企业通过国际技术许可获取国外先进的技术或设备时,企业倾向于进行流程创新和技术创新;而当企业吸收国外直接投资时,企业更加倾向于非技术层面的组织创新和流程创新。在运用了倾向匹配得分法,部分解决了内生性问题后,本文的结论是稳健的。
The article demonstrates various kinds of influence channels of various internationalization modes on the choice of enterprise value innovation mode from the theoretical aspect and conducts empirical research based on the World Bank’s enterprise research database. The results show that the internationalization of enterprises has a significant positive impact on the choice of value innovation approach, but the choice of value innovation approach shows a certain heterogeneity: when enterprises enter the international market through exports to trade, enterprises are more inclined to carry out Technological innovation and organizational innovation; enterprises tend to conduct process innovation and technological innovation when acquiring foreign advanced technology or equipment through international technology licensing; and when enterprises absorb foreign direct investment, they are more inclined to non-technological organizational innovation And process innovation. After applying the propensity matching score method and partially solving the endogeneity problem, the conclusion of this paper is robust.