• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
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HOME > Archive > 2024 > Volume 12 Number 4 (2024) >
JOEBM 2024 Vol.12(4): 397-402
DOI: 10.18178/joebm.2024.12.4.828

Cross-Border Investment and Corporate Innovation Performance-Take Tencent as an Example

Ji Lei
School of Economics, Nanjing Audit University, Nanjing, Jiangsu, China
Email: 2257348836@qq.com (J.L.)

Manuscript received July 19, 2024; revised August 22, 2024; accepted September 18, 2024; published November 19, 2024.

Abstract—With the accelerating pace of globalization, outbound investment has become a key driving force for multinational companies to achieve strategic transformation and upgrading. As the largest developing country in the world, China’s outbound investment has been expanding, which has not only injected new vitality into the domestic economy, but also exerted extensive and far-reaching influence on the international stage. This paper focuses on Tencent, aiming to analyze the current situation of its cross-border investment and the development of its innovation performance. By systematically analyzing Tencent’s overseas investment layout, investment fields, and investment results, this paper explores how cross-border investment has become a key engine driving Tencent’s innovation performance in terms of technology spillover effect, market-oriented effect, and resource allocation effect. Accordingly, it puts forward a series of practical and feasible strategic recommendations, providing valuable insights for other multinational enterprises. Provide valuable lessons and strategic insights for other multinational enterprises interested in cross-border development.

Keywords—Cross-border investment, multinational corporations, innovation performance, Tencent

Cite: Ji Lei, "Cross-Border Investment and Corporate Innovation Performance-Take Tencent as an Example," Journal of Economics, Business and Management, vol. 12, no. 4, pp. 397-402, 2024.

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

 

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