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Knowledge Spillovers, Search, and Creation in China's Emerging Market

Published online by Cambridge University Press:  02 February 2015

Haiyang Li
Affiliation:
Rice University, USA
Yan (Anthea) Zhang
Affiliation:
Rice University, USA
Marjorie Lyles
Affiliation:
Indiana University, USA

Abstract

Prior research and the articles included in this special issue demonstrate that in emerging markets in general and in China in particular, knowledge spillovers exist between foreign firms and domestic firms. As domestic markets become more sophisticated, and competition between domestic firms and foreign firms becomes stronger, knowledge is flowing to and being sourced in many different directions: from overseas head offices to foreign firms then on to domestic firms; from domestic firms to domestic firms; and from domestic firms to foreign firms, and back to the multinational corporations' head offices in the form of reverse spillovers and reverse innovation. We propose that knowledge spillovers, search, and creation in an emerging market are a dynamic and reciprocal process with knowledge flowing between and among foreign and domestic firms. This represents a fertile field for future research and we have identified a number of areas ripe for study.

Type
From the Guest Editors
Copyright
Copyright © International Association for Chinese Management Research 2013

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