Research Article
The Influence of Outward Foreign Direct Investment on Enterprise Technological Innovation
Table 7
Test results based on the income level of the investment host country.
| | | (1) High-income countries | (2) Low-income countries |
| | 0.227 (5.03) | 0.205 (5.01) | | −0.135 (2.75) | −0.094 (2.16) | | 0.493 (8.07) | 0.206 (3.48) | | Constant term | 6.043 (17.38) | 6.552 (20.19) | | Enterprise characteristic variables | Yes | Yes | | YE | Yes | Yes | | RE | Yes | Yes | | IE | Yes | Yes | | Observations | 4032 | 3871 | | Adjusted | 0.699 | 0.703 | | value | 90.54 | 72.16 |
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Note. , , and represent significant at the levels of 1%, 5%, and 10%, respectively. |
