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The Role of Contextual Combinations in the Globalization of Chinese Firms

Published online by Cambridge University Press:  25 June 2015

John Child  and
Svetla Marinova
John Child
Affiliation:
University of Birmingham, UK University of Plymouth, UK Lingnan University, China Sun Yat-sen University, China
Svetla Marinova
Affiliation:
Aalborg University, Denmark
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Abstract

This paper argues that it is crucial to take account of both home and host country contexts in order, adequately, to understand their implications for Chinese enterprises investing into foreign countries. This calls for an analysis that is sensitive to both home and host country contexts, and that takes into account how the institutions and political systems in those contexts establish institutional and resource capital needs for the overseas-investing firm. We discuss and illustrate three different combinations of Chinese and host country characteristics, and the firm-level learning and adaptation required in the light of the relevant capitals likely to be available to Chinese firms. The analysis draws upon insights from resource-based, institutional, and political perspectives. While it is developed with specific reference to China, we also suggest that this form of analysis can be applied more generally to the implementation of outward foreign direct investment from any country.

摘要

摘要

本文认为，同时考虑原籍国和东道国的情境对中国在外投资企业的影响是至关重要的。这就呼吁一种对原籍国和东道国的情境都很敏感的分析，这种分析考虑在那些情境下制度和政治体系如何建立海外投资企业所需要的制度和资源资本。我们探讨和展示了三种不同的中国和东道国特点的组合，以及中国企业现有的、相关资本要求的企业层次的学习和适应。这个分析基于资源依赖、制度的和政治的视角。虽然它是以中国为具体的参照而建立起来的，但我们也认为这种形式的分析能够被更广泛地用于任何国家的海外直接投资企业的实施。

Keywords

Chinacontexthome countryhost countryinstitutional capitalresource capital中国情境原籍国东道国制度资本资源资本
Type
Forum Article
Information
Management and Organization Review , Volume 10 , Issue 3 , November 2014 , pp. 347 - 371
Copyright
Copyright © International Association for Chinese Management Research 2014

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