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Breaking into China - Strategic considerations for multinational corporations (2000)_香港中文大学

香港中文大学 辅仁网/2017-06-25

Breaking into China - Strategic considerations for multinational corporations
Publication in refereed journal


香港中文大学研究人员 ( 现职)
王誉龙教授 (酒店及旅游管理学院)
林自强教授 (会计学院)
钱共鸣教授 (管理学系)


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引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/12WOS source URL

其它资讯

摘要International firms can adopt different strategies when breaking into an emerging market such as China. This article studies three strategic choices facing multinational corporations (MNCs): labour-intensive vs, capital- and technology-intensive; coastal vs. inland location; and joint venture vs, wholly-owned investment. Using hierarchical regression analysis on data from 223 large, foreign-invested electronics firms in China, we offer interesting findings as to how and why different strategies affect the performance of foreign direct investment. We show that MNCs pursuing a capital- and technology-intensive strategy in China have a significantly better performance than those pursuing a labour-intensive strategy. Our study also documents significant interaction effects between ownership arrangements and technology intensity on firm performance. On the other hand, the effect of a firm's location and ownership arrangements appear insignificant. To compete successfully in China today, firms cannot just focus on cheap labour and the production of low value-added goods; a capital- and technology-intensive strategy is more rewarding. (C) 2000 Elsevier Science Ltd. All rights reserved.

着者Li J, Qian GM, Lam K, Wang D
期刊名称Long Range Planning
出版年份2000
月份10
日期1
卷号33
期次5
出版社PERGAMON-ELSEVIER SCIENCE LTD
页次673 - 687
国际标準期刊号0024-6301
语言英式英语

Web of Science 学科类别Business; BUSINESS; Business & Economics; Management; MANAGEMENT; Planning & Development; PLANNING & DEVELOPMENT; Public Administration

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