This paper investigates the impact of returnee entrepreneurs and their knowledge spillovers on
innovation in high-tech firms in China. Using panel data for 1,318 high-tech firms in Beijing Zhongguancun Science Park (ZSP) we find that returnee entrepreneurs create a significant spillover effect that promotes innovation in other local high-tech firms. The extent of this
spillover effect is positively moderated by the non-returnee firm's absorptive capacity approximated by the skill level of employees. Multinational enterprises' R&D activities positively affect the innovation intensity of non-returnee firms only when these local firms
possess the sufficient level of absorptive capacity. Our findings have important policy and managerial implications for policy-makers and practitioners.
| Identifer | oai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:3293 |
| Date | January 2011 |
| Creators | Filatotchev, Igor, Liu, Xiaohui, Lu, Jiangyong, Wright, Mike |
| Publisher | Elsevier |
| Source Sets | Wirtschaftsuniversität Wien |
| Language | English |
| Detected Language | English |
| Type | Article, PeerReviewed |
| Format | application/pdf |
| Relation | http://dx.doi.org/10.1016/j.respol.2011.01.003, http://www.elsevier.com/wps/find/homepage.cws_home, http://epub.wu.ac.at/3293/ |
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