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, inc...

This article proposes the addition of a ―bridge high technology‖ stage to Park’s (1996) Asian development model, based upon field research and analysis of four ―science and technology parks‖ in different regions of China: Shenzhen, Shanghai, Suzhou, and Xi’an. Initially established as learning districts to foster technology transfer from foreign to domestic enterprises, these specially configur...

This study investigates how foreign subsidiaries gain attention from corporate headquarters. Using detailed questionnaire and archival data on 283 subsidiaries of multinational enterprises, our analysis revealed three significant findings. First, attention decisions are partially based on the structural positions that subsidiary units occupy within a corporate system—their “weight.” Second, a s...

This paper based on a sample of 940 Spanish exporting enterprises, of which 188 were multinationals, confirmed that foreign direct investment decisions are conditioned by the nature of the firms economic capital that constitute its competitive advantage. At the same time we found that international experience not only increases the likelihood of investing abroad but also facilitates geographic ...

We look at privatization in a general equilibrium model of a small, tariff-distorted, open economy. There is a differentiated good produced by both private and public sector enterprises. A reduction in government production in order to cut losses from such production raises the returns to capital and increases the tariff revenue, which are welfare improving. However, privatization also leads to...

This study examines the liability of foreignness (LOF) faced by multinational enterprises (MNEs), and the effects of strategies employed to overcome the liability. Based on a sample of 3,085 Sino-foreign joint ventures formed in manufacturing sectors in China, the authors find that Hong Kong investors, who are often perceived to have lower LOF than investors from other countries, are more activ...

To date no study has been made to explore the FDI motives of foreign firms in Pakistan. An attempt has been made to rectify this position through a survey of both whollyand majority-owned multinational enterprises (MNEs) in the economy. Market size and growth variables appear to be the most cited reasons for FDI by MNEs in the sample. The use of exploratory factor analysis (EFA) also reinforces...

This paper examines the comparative response of multinationals and domestic firms to an economic crisis, using the empirical setting of a well defined case of economic slowdown in Chile. We find that employment in manufacturing plants has been drastically reduced during the economic crisis. Our findings reveal that multinationals are more likely to exit contributing to ...

This research investigates the transition of the Sunan model, which was centered on local-state directed township and village enterprises (TVEs), through a case study of Wuxi City. Based on questionnaire surveys and firm/government interviews, we have found that Wuxi has been undergoing a series of institutional changes, economic transition and spatial restructuring. TVEs have been replaced by ...