Home country supportiveness/unfavorableness and outward foreign direct investment from China

• 成果类型: Article
• 署名作者: Gaur, Ajai S.; Ma, Xufei; Ding, Zhujun
• 署名单位: Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick; Chinese University of Hong Kong; University of Reading
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/s41267-017-0136-2
• 发表日期: 2018
• 页码: 324-345
• 关键词: home country environment; outward FDI; emerging market firms; international experience

摘要

What drives the outward foreign direct investments (OFDIs) by emerging market firms (EMFs)? Drawing on a strategy tripod framework, this article proposes a theoretical model to predict OFDI by EMFs from China. Specifically, we use institution-and industry-based views to examine two facets of home country environment, namely, the supportiveness from home government and unfavorableness from home industry, as important determinants of OFDI, and compare the relative strength of these effects. Further, we use the resource-based view to argue that the effect of the home country environment is contingent on the international experience portfolios of EMFs.