Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)

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Is there a “Productivity Paradox” in Internationalization Strategy of High-tech Manufacturing Enterprises in China?

Authors
Zhinan Kang1, 2, Tingting Yi3, *, Xinyan Zhang4, Lifei Gao2
1School of Public Policy and Management, University of Chinese Academy of Sciences, Beijing, 100049, China
2China Science and Technology Exchange Center, Beijing, 100045, China
3China National Institute of Standardization, Beijing, 100191, China
4Beijing Academy of Educational Sciences, Beijing, 100036, China
*Corresponding author. Email: yitt@cnis.ac.cn
Corresponding Author
Tingting Yi
Available Online 22 November 2024.
DOI
10.2991/978-94-6463-570-6_53How to use a DOI?
Keywords
high-tech manufacturing enterprises; “productivity paradox”; internationalization strategy; Probit model
Abstract

Export and outward foreign direct investment (OFDI) are the main approaches for enterprises to implement internationalization strategy, and theoretically, the productivity of OFDI enterprises is higher than that of export enterprises, but is there a paradox that the productivity of Chinese OFDI enterprises is lower than that of export enterprises? In this study, relevant listed high-tech manufacturing enterprises are selected for sample study (for the period from 2012 to 2018) to discuss the relationship between internationalization strategy choice and productivity of enterprise using a regression equation constructed from Probit model. The results show that there is no “productivity paradox” in the internationalization strategy of high-tech manufacturing enterprises in general. However, through sub-sample regression of listed enterprises by ownership and industry, it is found that foreign-invested enterprises and enterprises in some industries are affected by factors such as business environment, local policies and their own internationalization “genes”. Their internationalization strategy choices are independent of productivity, and there is a “productivity paradox”.

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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Volume Title
Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
22 November 2024
ISBN
978-94-6463-570-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-570-6_53How to use a DOI?
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.

Cite this article

risenwbib
TY  - CONF
AU  - Zhinan Kang
AU  - Tingting Yi
AU  - Xinyan Zhang
AU  - Lifei Gao
PY  - 2024
DA  - 2024/11/22
TI  - Is there a “Productivity Paradox” in Internationalization Strategy of High-tech Manufacturing Enterprises in China?
BT  - Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)
PB  - Atlantis Press
SP  - 532
EP  - 548
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-570-6_53
DO  - 10.2991/978-94-6463-570-6_53
ID  - Kang2024
ER  -