Migrant entrepreneurs and firm innovation

Abstract

This study examines the impact of entrepreneurs' migrant background on firm innovation as measured by spending on research and development and by the number of patents. We find that entrepreneurs' migrant background is positively related to firm innovation level, and that this relation is weakened by a less supportive environment. We also find that migrant entrepreneurs have a higher propensity to take risks than their local peers. Further analyses show that the relationship between migrant background and innovation varies in times of uncertainty and that entrepreneurs' migrant background is positively associated with innovation quality, innovation efficiency and firm performance.

Environment‐specific political risk mitigation: Political lobbying versus green innovation

“…We follow J. Gao et al. (2021) and match using a nearest‐neighbour propensity score with a 0.005 calliper. The matching includes 671 treated firms and 745 control firms, constituting an equal firm‐year observation of 1462 for both treated and control groups.…”

Managerial inclusiveness and corporate innovation in China

“…Recent research has addressed various factors that influence firm innovation. For example, Gao et al (2021) found that managers' immigrant background was positively correlated with corporate innovation. Miao et al (2020) proposed that wage inequality within companies encouraged managers to increase R&D investment and use bank loans to finance innovation, thus promoting it.…”