Regional Foreign Direct Investment and New-Quality Productivity: -- Empirical Evidence based on Manufacturing Listed Companies

Yue Huang

doi:10.54097/gfjqr104

Authors

Yue Huang

DOI:

https://doi.org/10.54097/gfjqr104

Keywords:

FDI; New Quality Productivity; Intellectual Property Protection.

Abstract

New-quality productivity is driven by innovation and is developed with high quality in the new era. Taking the listed companies from 2011 to 2021 as research samples, this paper discusses the influence of regional foreign direct investment (FDI) on the new quality productivity of enterprises and its internal mechanism. The empirical results show that FDI has a significant role in promoting the level of new quality productivity of enterprises. The mechanism analysis shows that FDI can improve the level of new quality productivity of enterprises by promoting the level of regional intellectual property protection. Further heterogeneity analysis shows that FDI plays a more significant role in promoting the new quality productivity level of non-state-owned enterprises, enterprises with high heterogeneity of executive team education background, and technology-intensive enterprises. The conclusion of this paper is of great significance in further attracting foreign investment and enhancing the new quality productivity of enterprises.

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