Northwest University Researcher Highlights Recent Research in Science and Technology (How geopolitical risk affect firms' internationalization performance: Evidence from China).

A recent study conducted by researchers at Northwest University in China explores the impact of geopolitical risks on firms' internationalization performance. The study focuses on Chinese manufacturing listed firms from 2008 to 2019 and finds that geopolitical risks have a significantly negative effect on firms' internationalization performance. These risks primarily reduce legitimacy and investment freedom, and their impact varies depending on factors such as product diversification, technological diversification, and regional diversification. The study suggests that geopolitical risks have a more significant inhibitory effect on firms' internationalization in developing countries along the Belt and Road and joint ventures investing. This research contributes to a better understanding of the relationship between geopolitical risks and firms' internationalization. [Extracted from the article]