An event study of home and host country patent generation in Chinese MNEs undertaking strategic asset acquisitions in developed markets
Anderson, J.; Sutherland, D.; Severe, S.
Professor Dylan Sutherland email@example.com
We use event study methodologies to analyze trends in home and host country patent applications of Chinese MNEs that acquire strategic asset-rich developed market businesses. Our results show the domestic market patents of Chinese MNEs rise significantly in the wake of such acquisitions, while those of the acquired target do not significantly change. These results hold for different ownership classes. In light of current theoretical debates, we discuss the possible motivations for such acquisitions by Chinese MNEs and the reasons for the observed patenting performance in both domestic and target businesses. We argue acquisition of codified strategic assets (such as patents) for the purpose of imitation and exploitation in the domestic Chinese market context provides one plausible explanation for our results.
Anderson, J., Sutherland, D., & Severe, S. (2015). An event study of home and host country patent generation in Chinese MNEs undertaking strategic asset acquisitions in developed markets. International Business Review, 24(5), 758-771. https://doi.org/10.1016/j.ibusrev.2015.01.007
|Journal Article Type
|Jan 28, 2015
|Online Publication Date
|Mar 5, 2015
|Oct 1, 2015
|Feb 7, 2015
|Publicly Available Date
|Sep 5, 2016
|International Business Review
|Chinese outward foreign direct investment, Event study, Innovation, Strategic asset seeking.
Accepted Journal Article
NOTICE: this is the author’s version of a work that was accepted for publication in International Business Review. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in International Business Review, 24, 5, October 2015, 10.1016/j.ibusrev.2015.01.007.
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