Study on the Degree of Strategic Aggressiveness of Firms in Northeast China under the Background of Northeast Asia Regional Economic Integration

Abstract

The deepening of Northeast Asia regional economic integration has restructured the regional flow of factors and the market competition pattern, forming multidimensional shocks to corporate strategic decision-making. Based on the resource-based view and dynamic capabilities theory, this paper takes A-share listed companies in Northeast China from 2008 to 2023 as samples, and uses dynamic panel models and moderation effect analysis methods to empirically examine the nonlinear impact of regional economic integration on the degree of corporate strategic aggressiveness, and to reveal the heterogeneous moderating mechanism of the industry life cycle. The study finds that regional economic integration significantly increases the degree of corporate strategic aggressiveness by reducing transaction costs and expanding channels for resource acquisition, with this effect being particularly prominent in the growth and transformation phases of the industry, but showing a marginal diminishing characteristic in the integration and decline phases. This research breaks through the traditional static analysis paradigm and constructs a dynamic framework of “policy shock - life cycle - strategic response,” providing micro evidence for the assessment of the policy effects of regional integration, and proposing differentiated paths for Northeast China's firms to embed in cross-border value chains and avoid transformation traps.