The Promoting Effect of Inward Internationalization on Outward Internationalization of Chinese Banks: Analysis Based onthe Perspective of Intangible Resources
The Promoting Effect of Inward Internationalization on Outward Internationalization of Chinese Banks: Analysis Based onthe Perspective of Intangible Resources
WEI Tao
School of Economics and Management, Taiyuan University of Science and Technology, Taiyuan 030024, China
Abstract The internationalization development of Chinese banks includes inward internationalization and outward internationalization. Based on the theory of intangible resources and the panel data model, this paper studies the promotion effect of inward internationalization on outward internationalization innovation ability and operation efficiency of Chinese banks. It is found that the deepening of introverted internationalization and the accumulation of business experience of Chinese banks can promote the innovation ability of outward internationalization, but the degree of inward internationalization weakens the promoting effect of inward internationalization experience on outward international innovation ability and operational efficiency. The inward internationalization experience of Chinese banks can also promote the improvement of outward international operation efficiency. The promotion effect of Chinese banks' inward internationalization business experience on the improvement of outward internationalization innovation ability is mainly reflected in the process of outward internationalization in Europe and the United States. At the same time, the improvement of the degree of inward internationalization of Chinese banks has a restrictive effect on the operation efficiency of outward internationalization in the Asia Pacific region. Based on the new perspective of intangible resources, the discussion of the promotion effect of inward internationalization on outward internationalization of Chinese banks can not only make up for the lack of previous scholars' attention to the relationship between inward internationalization and outward internationalization, but also help Chinese banks better promote the internationalization development of inward and outward in the next step.
WEI Tao. The Promoting Effect of Inward Internationalization on Outward Internationalization of Chinese Banks: Analysis Based onthe Perspective of Intangible Resources. Economic Survey, 2021, 38(6): 053.
2021, Vol. 38 
