Innovation spillovers from multinational corporations to domestic firms are increasingly prominent in global value chain(GVC)evolution,yet prior work has largely focused on technology transfer,leaving the distinct nat...Innovation spillovers from multinational corporations to domestic firms are increasingly prominent in global value chain(GVC)evolution,yet prior work has largely focused on technology transfer,leaving the distinct nature of innovation spillovers underexplored.Existing GVC literature also remains divided between intra-product and inter-product perspectives,overlooking GVC heterogeneity.This study examines two governance structures:OEM relationships(processbased,intra-product)and buyer-supplier relationships(modular-based,interproduct),and investigates their divergent innovation spillover effects,along with the moderating role of inter-organizational relationship(IOR)characteristics.Using an unbalanced panel of 2,150 transaction observations from 597 dyads across nine advanced manufacturing industries(2012-2022),we integrate annual transaction volumes with patent citations and subsequent innovation outcomes.Empirically,we find that innovation spillovers are significantly stronger in OEM relationships than in buyer-supplier relationships,with a positive interaction between the two chains.Furthermore,multidimensional IOR traits substantially affect both spillover magnitudes and the variance across GVC types.This study advances GVC research by shifting the focus from technology transfer to innovation spillovers and bridging intra-product and inter-product specialization divides.It offers exploratory theoretical insights and provides strategic implications for Chinese firms regarding GVC embeddedness and innovation decisions.展开更多
基金was supported by the General Program of National Natural Science Foundation of China(NSFC)(Grant No.71973129)for the project“Mechanisms of Knowledge Spillover in Heterogeneous Global Innovation Chains:A Cross-level Empirical Study based on the mvQCA Method from a Dyadic Perspective”the Young Scientists Program of NSFC(Grant No.72204222)for the project“The Impact Mechanism of Technological Heterogeneity on University Technology Transfer from a Knowledge Recombination Perspective”the Science and Technology Planning Project of Zhejiang Province(Grant No.2023C35015)for the project“Research on the Asymmetric Participation of Zhejiang Manufacturing Enterprises in Global Innovation Chain Governance”.
摘要Innovation spillovers from multinational corporations to domestic firms are increasingly prominent in global value chain(GVC)evolution,yet prior work has largely focused on technology transfer,leaving the distinct nature of innovation spillovers underexplored.Existing GVC literature also remains divided between intra-product and inter-product perspectives,overlooking GVC heterogeneity.This study examines two governance structures:OEM relationships(processbased,intra-product)and buyer-supplier relationships(modular-based,interproduct),and investigates their divergent innovation spillover effects,along with the moderating role of inter-organizational relationship(IOR)characteristics.Using an unbalanced panel of 2,150 transaction observations from 597 dyads across nine advanced manufacturing industries(2012-2022),we integrate annual transaction volumes with patent citations and subsequent innovation outcomes.Empirically,we find that innovation spillovers are significantly stronger in OEM relationships than in buyer-supplier relationships,with a positive interaction between the two chains.Furthermore,multidimensional IOR traits substantially affect both spillover magnitudes and the variance across GVC types.This study advances GVC research by shifting the focus from technology transfer to innovation spillovers and bridging intra-product and inter-product specialization divides.It offers exploratory theoretical insights and provides strategic implications for Chinese firms regarding GVC embeddedness and innovation decisions.