Bhaumik Sumon, Driffield Nigel, Lavoratori Katiuscia, Song Meng, Vahter Priit
University of Sheffield, Sheffield, UK.
University of Warwick, Coventry, UK.
J Technol Transf. 2025;50(5):2476-2508. doi: 10.1007/s10961-025-10230-w. Epub 2025 May 31.
This paper delves into the pivotal role of institutions in facilitating knowledge spillovers, particularly in the context of multinational enterprises (MNEs) and knowledge transfer. While extant literature highlights the positive correlation between good institutional quality and knowledge transfer, this paper introduces a nuanced perspective. It argues for an inverted U-shaped relationship, suggesting that MNEs may exhibit reluctance in knowledge transfer to subsidiaries not only in environments with low institutional quality, as conventionally discussed, but also in those characterized by high institutional quality. In fact, there are beneficial implications of good institutions for domestic firms as well, enabling greater capacity to absorb knowledge and thereby emerge as competitors of MNEs. The paper demonstrates an inverted U-shaped relationship between spillovers, to capture knowledge transfer, and the quality of local institutions. This study provides valuable insights into the complex dynamics of knowledge spillovers, emphasizing the multifaceted influence of institutional environments on knowledge dissemination and economic development.
The online version contains supplementary material available at 10.1007/s10961-025-10230-w.
本文深入探讨了制度在促进知识溢出方面的关键作用，特别是在跨国企业（MNEs）和知识转移的背景下。虽然现有文献强调了良好制度质量与知识转移之间的正相关关系，但本文引入了一个细微差别视角。它主张一种倒U形关系，表明跨国企业不仅在制度质量低的环境中（如传统讨论的那样），而且在制度质量高的环境中，可能都不愿向子公司进行知识转移。事实上，良好的制度对国内企业也有有益影响，使其有更强的知识吸收能力，从而成为跨国企业的竞争对手。本文展示了溢出（以捕捉知识转移）与当地制度质量之间的倒U形关系。本研究为知识溢出的复杂动态提供了有价值的见解，强调了制度环境对知识传播和经济发展的多方面影响。
在线版本包含可在10.1007/s10961-025-10230-w获取的补充材料。
