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Three Essays On Chinese Outward Investment, Yan Gao
Three Essays On Chinese Outward Investment, Yan Gao
Open Access Theses & Dissertations
Empirical research and theory development have traditionally focused on Western MNEs. The rise of multinational firms from the emerging markets, particularly MNEs from China has attracted limited empirical research attention. In the current research, I attempt to fill this gap by exploring the entry modes strategies, motivation and government interference when Chinese MNEs go abroad. Early international business theories suggested that firms invest abroad on the basis of possessing certain-firm specific competitive advantages. By leveraging these existing firm-specific advantages overseas, firms are able to generate sufficient returns to overcome the "liability of foreignness". These early FDI theories were largely based …