One country, many industries: Heterogeneity of Chinese OFDI motivations at meso level

Research on the stimulants for Chinese Foreign Direct Investment (FDI) is extensive. However most analysis incorporates theoretical models based Institution-Based View or, to a lesser extent, Resource-Based (RBV). These highlight importance of macro (country) and micro (firm) level, while largely ignoring meso (industry) level. In addition, although investments are known have several different motivations, stimulated by quite factors, tends focus aggregate FDI flows. We contribute literature proposing an ‘industry-based view’ which takes account heterogeneity across industries motivation. apply this framework OFDI in Europe, differentiating both terms investment motivations sectoral characteristics at (meso) industry level (micro) firm home host countries. Using logistic multinomial models, our confirms that types (in motivation) industry-level