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Abstract
This paper investigates the extent to which eco-innovation activities in multinational
enterprises (MNEs) in a host country affects local firms. In the attention-based view,
the organizational attention field is significant for innovation. By analyzing the Korean
Innovation Survey and patent data, we find that as more foreign MNEs conduct eco-innovation
locally, attention to environmental issues increases in local firms. Their attention field particularly benefits from the presence of foreign MNEs whose country-of-origin is close to the host country or who have a long-term presence in the host country. A larger attention field then improves the likelihood of local firms successfully implementing eco-innovation and can accelerate eco-innovation implementation; however, this effect is observed only in large local firms and thus able to redeploy abundant internal resources.
enterprises (MNEs) in a host country affects local firms. In the attention-based view,
the organizational attention field is significant for innovation. By analyzing the Korean
Innovation Survey and patent data, we find that as more foreign MNEs conduct eco-innovation
locally, attention to environmental issues increases in local firms. Their attention field particularly benefits from the presence of foreign MNEs whose country-of-origin is close to the host country or who have a long-term presence in the host country. A larger attention field then improves the likelihood of local firms successfully implementing eco-innovation and can accelerate eco-innovation implementation; however, this effect is observed only in large local firms and thus able to redeploy abundant internal resources.
Original language | English |
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Pages (from-to) | 32-43 |
Number of pages | 12 |
Journal | JOURNAL OF BUSINESS RESEARCH |
Volume | 123 |
Early online date | 1 Oct 2020 |
DOIs | |
Publication status | Published - 1 Feb 2021 |
Bibliographical note
© 2020 Elsevier Inc. All rights reserved. This is an author-produced version of the published paper. Uploaded in accordance with the publisher’s self-archiving policy.Keywords
- Eco-innovation diffusion;
- Multinational enterprise (MNE)
- Attention-based view
- Attention field
- Psychic distance
Projects
- 1 Finished