Expanding to outward foreign direct investment or not? A multi-dimensional analysis of entry mode transformation of Chinese private exporting firms

被引:91
作者
Wei, Yingqi [1 ,2 ]
Zheng, Nan [2 ]
Liu, Xiaohui [3 ]
Lu, Jiangyong [4 ]
机构
[1] Southwestern Univ Finance & Econ, Chengdu, Peoples R China
[2] Univ York, York Management Sch, York YO10 5DD, N Yorkshire, England
[3] Univ Loughborough, Sch Business & Econ, Loughborough LE11 3TU, Leics, England
[4] Peking Univ, Dept Strateg Management, Guanghua Sch Management, Beijing 100871, Peoples R China
关键词
Chinese private-owned enterprises; Heterogeneity theory; OFDI; Productivity; The integrated 'strategic tripod' framework; M-AND-AS; LOCATION CHOICE; INTERNATIONALIZATION; FDI; PERFORMANCE; RESOURCES; HETEROGENEITY; DETERMINANTS; PRODUCTIVITY; ENTERPRISES;
D O I
10.1016/j.ibusrev.2013.06.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
This research examines the factors determining whether or not exporting firms expand to outward foreign direct investment (OFDI) as part of their internationalisation strategy, using a recent survey of Chinese private-owned enterprises. We carry out a multi-dimensional analysis to investigate the impact of firm productivity, internal resources and the external environment on OFDI decisions, including both the decision to undertake OFDI and the volume of OFDI flows. It is found that productivity, technology-based capability, export experience, industry entry barriers, subnational institutions and intermediary institutional support affect firms' OFDI decisions. The findings have important policy and managerial implications. Crown Copyright (C) 2013 Published by Elsevier Ltd. All rights reserved.
引用
收藏
页码:356 / 370
页数:15
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