Ambidextrous innovation leap is of significant importance in continuously stimulating enterprises'innovation vitality and utilizing the role of enterprises as the main body of innovation.However,established studies have paid little attention to the influencing factors of ambidextrous innovation leap.Internationalization is one of the factors affecting innovation of enterprises.Therefore,this paper examined the impact of outward foreign direct investment(OFDI)dynamic decision on ambidextrous inno-vation leap from the perspectives of investment speed and breadth by using the data of China's A-share listed companies from 2016 to 2021 and constructing an industry-time dual fixed effect model.The research results indicated that:(1)Accelerating the OFDI speed significantly promotes the leap from exploitative to exploratory innovation and inhibits the leap from exploratory to exploitative innovation.(2)The OFDI breadth weakens the promoting effect of accelerating OFDI speed on the leap from exploit-ative to exploratory innovation and the inhibiting effect on the leap from exploratory to exploitative innovation.(3)Heterogeneity testing found that accelerated OFDI by non-state-owned enterprises has a stronger promoting effect on the leap from exploita-tive to exploratory innovation and a weaker inhibiting effect on the leap from exploratory to exploitative innovation compared with state-owned enterprises.Compared with developing economies,accelerating OFDI to developed economies has a stronger pro-moting effect on the leap from exploitative to exploratory innovation and a weaker inhibiting effect on the leap from exploratory to exploitative innovation.The findings will expand the research perspective on the innovation effects of OFDI by enterprises and provide management and policy insights for the enterprise and the government to promote ambidextrous innovation leap.
NETL
NSTL
维普
万方数据
