REN Zhihuang, WEI Suqiong, YOU Xiaojun, HE Yinghong, CHEN Jindong
Based on big data from internet enterprises and field survey data, this study analyzes the spatial dynamics and influencing factors of the exit of Taiwanese-invested enterprises from Chinese Mainland. The research findings are as follows:(1)The exits of Taiwanese enterprises are primarily concentrated in the eastern coastal areas, which coincide highly with regions of high entry rates.(2)By measuring the locational advantages and spatial stickiness of strategic coupling, it is evident that strategic coupling significantly impacts the exit of Taiwanese enterprises from the mainland. Between 2001 and 2021, the strategic coupling relationship between Taiwanese enterprises and the mainland evolved through phases of dependency, exchange, and absorptive coupling, with distinct exit rates observed in each phase. The exit rate was lowest during the absorptive coupling phase. Factors such as regional market size, infrastructure level, innovation environment, and institutional advantages play a critical role in reducing enterprise exits.(3)External shocks, such as the pandemic, have intensified the backward linkages of Taiwanese enterprises with local suppliers and increased their reliance on the mainland market, thereby enhancing spatial stickiness. By deepening cooperation with local enterprises, strengthening technological exchanges, and sharing resources, Taiwanese enterprises can shift their strategic coupling model, thereby enhancing their market adaptability on the mainland and reducing the likelihood of exiting to other regions. (4) The investment and exit of enterprises are affected by strategic choices, trade modes and industry characteristics: low-cost and export-oriented enterprises are more susceptible to the impact of external environment fluctuations and exit, while market-oriented and domestic sales enterprises are more stable in the long term. Labor-intensive enterprises exit quickly, capital-intensive cycle is long, technology-intensive rely on innovation, and are usually more market stickiness.
