Multinational Corporations and Technological Innovation Development of China’s High-Tech Industries: A Heterogeneity-Based Threshold Effect Analysis

Technological innovation of multinational corporations (MNC) is an important engine to drive the world’s scientific and technological progress, which plays an important role in the sustainable development of global innovation. With China’s high-tech industry from 2009 to 2020 as the research sample,...

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Bibliographic Details
Main Authors: Chen, H. (Author), Kou, Y. (Author), Liu, K. (Author), Xu, H. (Author)
Format: Article
Language:English
Published: MDPI 2023
Subjects:
Online Access:View Fulltext in Publisher
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001 10.3390-su15097089
008 230529s2023 CNT 000 0 und d
020 |a 20711050 (ISSN) 
245 1 0 |a Multinational Corporations and Technological Innovation Development of China’s High-Tech Industries: A Heterogeneity-Based Threshold Effect Analysis 
260 0 |b MDPI  |c 2023 
856 |z View Fulltext in Publisher  |u https://doi.org/10.3390/su15097089 
856 |z View in Scopus  |u https://www.scopus.com/inward/record.uri?eid=2-s2.0-85159357180&doi=10.3390%2fsu15097089&partnerID=40&md5=0f37d9defdcf88abffc85919ad8d47dd 
520 3 |a Technological innovation of multinational corporations (MNC) is an important engine to drive the world’s scientific and technological progress, which plays an important role in the sustainable development of global innovation. With China’s high-tech industry from 2009 to 2020 as the research sample, this study empirically analyzes the impact of MNCs’ two-stage innovation on the innovation efficiency of China’s high-tech industry through the perspective of base regression, threshold effect, and regional heterogeneity. It was found that MNC research and development (R&D) efficiency and achievement transformation efficiency have a positive impact on the innovation efficiency of high-tech industries in China, with nonlinear features and regional heterogeneity. This study provides an empirical basis for the efficient use of MNC’s innovative resources and the sustainable development of China’s high-tech industry. © 2023 by the authors. 
650 0 4 |a achievements transformation 
650 0 4 |a high-tech industries 
650 0 4 |a multinational corporations 
650 0 4 |a technological innovation 
650 0 4 |a threshold regression 
700 1 0 |a Chen, H.  |e author 
700 1 0 |a Kou, Y.  |e author 
700 1 0 |a Liu, K.  |e author 
700 1 0 |a Xu, H.  |e author 
773 |t Sustainability (Switzerland)