Journal article
Outward Foreign Direct Investment from Emerging Countries: Theoretical Extension and Evidence from China
International Trade Journal, Vol.31(5), pp.402-428
2017
Abstract
Internationalization of emerging market firms (EMFs) is challenging pre-eminent theories. This article argues that no single existing theory adequately explains EMFs' pattern for overseas investment. Using case studies and a multi-level approach, our research suggests that EMFs can be categorized into four different clusters based on different rationales, objectives, and motivations. Our findings suggest that existing theories can be useful for explaining the process of internationalization, but this holds only for specific clusters. This is of particular importance for EMFs since the presence and influence of the state on EMFs internationalization is both critical and diverse from developed economies.
Details
- Title
- Outward Foreign Direct Investment from Emerging Countries: Theoretical Extension and Evidence from China
- Authors
- Rui Torres Oliveira (Corresponding Author) - University of QueenslandJane Menzies (Author) - Deakin UniversityDaniel Borgia (Author) - Canisius CollegeSandra Figueira (Author) - Corporate Social Responsibility and International Business, Grenoble Business School
- Publication details
- International Trade Journal, Vol.31(5), pp.402-428
- Publisher
- Taylor & Francis Inc.
- DOI
- 10.1080/08853908.2017.1358679
- ISSN
- 1521-0545
- Organisation Unit
- Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; School of Business and Creative Industries
- Language
- English
- Record Identifier
- 99679183202621
- Output Type
- Journal article
Metrics
19 Record Views