메뉴 건너뛰기




Volumn 27, Issue 4, 2010, Pages 751-774

Behind ownership decision of Chinese outward FDI: Resources and institutions

Author keywords

Case study; Chinese firms; Conceptual framework; FDI ownership decision; Joint venture; Wholly owned subsidiary

Indexed keywords


EID: 77957366116     PISSN: 02174561     EISSN: 15729958     Source Type: Journal    
DOI: 10.1007/s10490-009-9136-5     Document Type: Article
Times cited : (160)

References (65)
  • 1
    • 84986146859 scopus 로고
    • Modes of foreign entry: A transaction cost analysis and propositions
    • Anderson, E., & Gatignon, H. 1986. Modes of foreign entry: A transaction cost analysis and propositions. Journal of International Business Studies, 17(3): 1-26.
    • (1986) Journal of International Business Studies , vol.17 , Issue.3 , pp. 1-26
    • Anderson, E.1    Gatignon, H.2
  • 2
    • 0031500388 scopus 로고    scopus 로고
    • Antecedents and performance implications of channel integration in foreign markets
    • Aulakh, P. S., & Kotabe, M. 1997. Antecedents and performance implications of channel integration in foreign markets. Journal of International Business Studies, 28(1): 145-175.
    • (1997) Journal of International Business Studies , vol.28 , Issue.1 , pp. 145-175
    • Aulakh, P.S.1    Kotabe, M.2
  • 3
    • 84896930624 scopus 로고
    • Firm resources and sustained competitive advantage
    • Barney, J. 1991. Firm resources and sustained competitive advantage. Journal of Management, 17: 99-120.
    • (1991) Journal of Management , vol.17 , pp. 99-120
    • Barney, J.1
  • 4
    • 34248636213 scopus 로고    scopus 로고
    • Boundaries of the firm: Insights from international entry mode research
    • Brouthers, K., & Hennart, J. M. A. 2007. Boundaries of the firm: Insights from international entry mode research. Journal of Management, 33: 395-425.
    • (2007) Journal of Management , vol.33 , pp. 395-425
    • Brouthers, K.1    Hennart, J.M.A.2
  • 5
    • 0035997985 scopus 로고    scopus 로고
    • Is the international business research agenda running out of steam?
    • Buckley, P. J. 2002. Is the international business research agenda running out of steam?. Journal of International Business Studies, 33(2): 365-373.
    • (2002) Journal of International Business Studies , vol.33 , Issue.2 , pp. 365-373
    • Buckley, P.J.1
  • 7
    • 34547271262 scopus 로고    scopus 로고
    • Legitimacy and multi-level institutional environments: Implications for foreign subsidiary ownership structure
    • Chan, C. M., & Makino, S. 2007. Legitimacy and multi-level institutional environments: Implications for foreign subsidiary ownership structure. Journal of International Business Studies, 38(4): 621-638.
    • (2007) Journal of International Business Studies , vol.38 , Issue.4 , pp. 621-638
    • Chan, C.M.1    Makino, S.2
  • 8
    • 84996899004 scopus 로고    scopus 로고
    • The internationalization of Chinese firms: A case for theoretical extension?
    • Child, J., & Rodrigues, S. B. 2005. The internationalization of Chinese firms: A case for theoretical extension?. Management and Organization Review, 1(3): 381-410.
    • (2005) Management and Organization Review , vol.1 , Issue.3 , pp. 381-410
    • Child, J.1    Rodrigues, S.B.2
  • 12
    • 69549110523 scopus 로고    scopus 로고
    • Cui, L., & Jiang, F. 2008. FDI entry mode choice of Chinese firms: A strategic behavior perspective. Journal of World Business. doi: 10. 1016/j. jwb. 2008. 11. 004.
  • 13
    • 1842843671 scopus 로고    scopus 로고
    • Outward investment by Chinese MNCs: Motivations and implications
    • Deng, P. 2004. Outward investment by Chinese MNCs: Motivations and implications. Business Horizons, 47(3): 8-16.
    • (2004) Business Horizons , vol.47 , Issue.3 , pp. 8-16
    • Deng, P.1
  • 14
    • 33845567512 scopus 로고    scopus 로고
    • Investing for strategic resources and its rationale: The case of outward FDI from Chinese companies
    • Deng, P. 2007. Investing for strategic resources and its rationale: The case of outward FDI from Chinese companies. Business Horizons, 50(1): 71-81.
    • (2007) Business Horizons , vol.50 , Issue.1 , pp. 71-81
    • Deng, P.1
  • 15
    • 0000953669 scopus 로고
    • The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields
    • DiMaggio, P. J., & Powell, W. W. 1983. The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. American Sociological Review, 48: 147-160.
    • (1983) American Sociological Review , vol.48 , pp. 147-160
    • Dimaggio, P.J.1    Powell, W.W.2
  • 16
    • 84984715445 scopus 로고
    • Reappraising the eclectic paradigm in an age of alliance capitalism
    • Dunning, J. H. 1995. Reappraising the eclectic paradigm in an age of alliance capitalism. Journal of International Business Studies, 26(3): 461-491.
    • (1995) Journal of International Business Studies , vol.26 , Issue.3 , pp. 461-491
    • Dunning, J.H.1
  • 17
    • 33645557236 scopus 로고    scopus 로고
    • Comment on Dragon multinationals: New players in 21st century globalization
    • Dunning, J. H. 2006. Comment on Dragon multinationals: New players in 21st century globalization. Asia Pacific Journal of Management, 23(2): 139-141.
    • (2006) Asia Pacific Journal of Management , vol.23 , Issue.2 , pp. 139-141
    • Dunning, J.H.1
  • 18
    • 51249120105 scopus 로고    scopus 로고
    • Institutions and the OLI paradigm of the multinational enterprise
    • Dunning, J. H., & Lundan, S. 2008. Institutions and the OLI paradigm of the multinational enterprise. Asia Pacific Journal of Management, 25(4): 573-593.
    • (2008) Asia Pacific Journal of Management , vol.25 , Issue.4 , pp. 573-593
    • Dunning, J.H.1    Lundan, S.2
  • 19
    • 0001073758 scopus 로고
    • Building theories from case study research
    • Eisenhardt, K. M. 1989. Building theories from case study research. Academy of Management Review, 14: 532-550.
    • (1989) Academy of Management Review , vol.14 , pp. 532-550
    • Eisenhardt, K.M.1
  • 20
    • 77957375576 scopus 로고    scopus 로고
    • Gao, G. Y., Murray, J. Y., Kotabe, M., & Lu, J. 2009. A "strategy tripod" perspective on export behaviors: Evidence from domestic and foreign firms based in an emerging economy. Journal of International Business Studies (in press).
  • 21
    • 36248991739 scopus 로고
    • The multinational corporation's degree of control over foreign subsidiaries: An empirical test of a transaction cost explanation
    • Gatignon, H., & Anderson, E. 1988. The multinational corporation's degree of control over foreign subsidiaries: An empirical test of a transaction cost explanation. Journal of Law, Economics, and Organization, 4(2): 305-336.
    • (1988) Journal of Law, Economics, and Organization , vol.4 , Issue.2 , pp. 305-336
    • Gatignon, H.1    Anderson, E.2
  • 22
    • 57849121083 scopus 로고    scopus 로고
    • Economic and strategic considerations surrounding Chinese FDI in the United States
    • Globerman, S., & Shapiro, D. 2009. Economic and strategic considerations surrounding Chinese FDI in the United States. Asia Pacific Journal of Management, 26(1): 163-183.
    • (2009) Asia Pacific Journal of Management , vol.26 , Issue.1 , pp. 163-183
    • Globerman, S.1    Shapiro, D.2
  • 24
    • 84989111385 scopus 로고
    • Joint ventures and competitive strategy
    • Harrigan, K. R. 1988. Joint ventures and competitive strategy. Strategic Management Journal, 9(2): 141-158.
    • (1988) Strategic Management Journal , vol.9 , Issue.2 , pp. 141-158
    • Harrigan, K.R.1
  • 26
    • 84984722656 scopus 로고
    • Global strategy and multinationals' entry mode choice
    • Kim, W. C., & Hwang, P. 1992. Global strategy and multinationals' entry mode choice. Journal of International Business Studies, 23(1): 29-53.
    • (1992) Journal of International Business Studies , vol.23 , Issue.1 , pp. 29-53
    • Kim, W.C.1    Hwang, P.2
  • 27
    • 84989051609 scopus 로고
    • Joint ventures: Theoretical and empirical perspectives
    • Kogut, B. 1988. Joint ventures: Theoretical and empirical perspectives. Strategic Management Journal, 9(4): 319-332.
    • (1988) Strategic Management Journal , vol.9 , Issue.4 , pp. 319-332
    • Kogut, B.1
  • 28
    • 42149084594 scopus 로고    scopus 로고
    • Developing theory from strategic management research in China
    • Li, Y., & Peng, M. W. 2008. Developing theory from strategic management research in China. Asia Pacific Journal of Management, 25: 563-572.
    • (2008) Asia Pacific Journal of Management , vol.25 , pp. 563-572
    • Li, Y.1    Peng, M.W.2
  • 29
    • 0036897770 scopus 로고    scopus 로고
    • Strategic implications of emerging Chinese multinationals: The Haier case study
    • Liu, H., & Li, K. 2002. Strategic implications of emerging Chinese multinationals: The Haier case study. European Management Journal, 20(6): 699-706.
    • (2002) European Management Journal , vol.20 , Issue.6 , pp. 699-706
    • Liu, H.1    Li, K.2
  • 30
    • 13244296864 scopus 로고    scopus 로고
    • Chinese economic development, the next stage: Outward FDI?
    • Liu, X., Buck, T., & Shu, C. 2005. Chinese economic development, the next stage: Outward FDI? International Business Review, 14(1): 97-115.
    • (2005) International Business Review , vol.14 , Issue.1 , pp. 97-115
    • Liu, X.1    Buck, T.2    Shu, C.3
  • 31
    • 0036004103 scopus 로고    scopus 로고
    • Intra- and inter-organizational imitative behavior: Institutional influences on Japanese firms' entry mode choice
    • Lu, J. W. 2002. Intra- and inter-organizational imitative behavior: Institutional influences on Japanese firms' entry mode choice. Journal of International Business Studies, 33(1): 19-37.
    • (2002) Journal of International Business Studies , vol.33 , Issue.1 , pp. 19-37
    • Lu, J.W.1
  • 32
    • 34547331340 scopus 로고    scopus 로고
    • International expansion of emerging market enterprises: A springboard perspective
    • Luo, Y., & Tung, R. L. 2007. International expansion of emerging market enterprises: A springboard perspective. Journal of International Business Studies, 38(4): 481-498.
    • (2007) Journal of International Business Studies , vol.38 , Issue.4 , pp. 481-498
    • Luo, Y.1    Tung, R.L.2
  • 33
    • 0040084708 scopus 로고    scopus 로고
    • The nature of multinational firm boundaries: Transaction costs, firm capabilities and foreign market entry mode
    • Madhok, A. 1998. The nature of multinational firm boundaries: Transaction costs, firm capabilities and foreign market entry mode. International Business Review, 7(3): 259-290.
    • (1998) International Business Review , vol.7 , Issue.3 , pp. 259-290
    • Madhok, A.1
  • 34
    • 33644522047 scopus 로고    scopus 로고
    • Dragon multinationals: New players in 21st century globalization
    • Mathews, J. 2006a. Dragon multinationals: New players in 21st century globalization. Asia Pacific Journal of Management, 23(1): 5-27.
    • (2006) Asia Pacific Journal of Management , vol.23 , Issue.1 , pp. 5-27
    • Mathews, J.1
  • 35
    • 33645578235 scopus 로고    scopus 로고
    • Response to Professors Dunning and Narula
    • Mathews, J. 2006b. Response to Professors Dunning and Narula. Asia Pacific Journal of Management, 23(2): 153-155.
    • (2006) Asia Pacific Journal of Management , vol.23 , Issue.2 , pp. 153-155
    • Mathews, J.1
  • 36
    • 0035636395 scopus 로고    scopus 로고
    • Institutions, transaction costs, and entry mode choice in Eastern Europe
    • Meyer, K. E. 2001. Institutions, transaction costs, and entry mode choice in Eastern Europe. Journal of International Business Studies, 32(2): 357-367.
    • (2001) Journal of International Business Studies , vol.32 , Issue.2 , pp. 357-367
    • Meyer, K.E.1
  • 37
    • 58449124705 scopus 로고    scopus 로고
    • Institutions, resources, and entry strategies in emerging economies
    • Meyer, K. E., Estrin, S., Bhaumik, S. K., & Peng, M. W. 2009. Institutions, resources, and entry strategies in emerging economies. Strategic Management Journal, 30(1): 61-80.
    • (2009) Strategic Management Journal , vol.30 , Issue.1 , pp. 61-80
    • Meyer, K.E.1    Estrin, S.2    Bhaumik, S.K.3    Peng, M.W.4
  • 38
    • 0042907347 scopus 로고    scopus 로고
    • Unconventional foreign direct investment and the imbalance theory
    • Moon, H. C., & Roehl, T. W. 2001. Unconventional foreign direct investment and the imbalance theory. International Business Review, 10(2): 197-215.
    • (2001) International Business Review , vol.10 , Issue.2 , pp. 197-215
    • Moon, H.C.1    Roehl, T.W.2
  • 39
  • 40
    • 33645566914 scopus 로고    scopus 로고
    • Globalization, new ecologies, new zoologies, and the purported death of the eclectic paradigm
    • Narula, R. 2006. Globalization, new ecologies, new zoologies, and the purported death of the eclectic paradigm. Asia Pacific Journal of Management, 23(2): 143-151.
    • (2006) Asia Pacific Journal of Management , vol.23 , Issue.2 , pp. 143-151
    • Narula, R.1
  • 42
    • 75849129627 scopus 로고    scopus 로고
    • Park, B. I. 2008. What matters to managerial knowledge acquisition in international joint ventures? High knowledge acquirers versus low knowledge acquirers. Asia Pacific Journal of Management. doi: 10. 1007/s10490-008-9111-6.
  • 43
    • 0013141557 scopus 로고    scopus 로고
    • Towards an institution-based view of business strategy
    • Peng, M. W. 2002. Towards an institution-based view of business strategy. Asia Pacific Journal of Management, 19: 251-267.
    • (2002) Asia Pacific Journal of Management , vol.19 , pp. 251-267
    • Peng, M.W.1
  • 44
    • 21244487281 scopus 로고    scopus 로고
    • Cincinnati: South-Western
    • Peng, M. W. 2006. Global strategy. Cincinnati: South-Western.
    • (2006) Global Strategy
    • Peng, M.W.1
  • 45
    • 33846008355 scopus 로고    scopus 로고
    • What determines the scope of the firm over time and around the world? An Asia Pacific perspective
    • Peng, M. W., & Delios, A. 2006. What determines the scope of the firm over time and around the world? An Asia Pacific perspective. Asia Pacific Journal of Management, 23: 385-405.
    • (2006) Asia Pacific Journal of Management , vol.23 , pp. 385-405
    • Peng, M.W.1    Delios, A.2
  • 46
    • 34548477110 scopus 로고    scopus 로고
    • An institution-based view of international business strategy: A focus on emerging economies
    • Peng, M. W., Wang, D. Y. L., & Jiang, Y. 2008. An institution-based view of international business strategy: A focus on emerging economies. Journal of International Business Studies, 39(5): 920-936.
    • (2008) Journal of International Business Studies , vol.39 , Issue.5 , pp. 920-936
    • Peng, M.W.1    Wang, D.Y.L.2    Jiang, Y.3
  • 47
    • 70349205549 scopus 로고    scopus 로고
    • Peng, M. W., Sun, S. L., Pinkham, B., & Chen, H. 2009. The institution-based view as a third leg for a strategy tripod. Academy of Management Perspectives (in press).
  • 48
    • 34547248317 scopus 로고    scopus 로고
    • Business and management in China: A review of empirical research in leading international journals
    • Quer, D., Claver, E., & Rienda, L. 2007. Business and management in China: A review of empirical research in leading international journals. Asia Pacific Journal of Management, 24: 359-384.
    • (2007) Asia Pacific Journal of Management , vol.24 , pp. 359-384
    • Quer, D.1    Claver, E.2    Rienda, L.3
  • 49
    • 34548833035 scopus 로고    scopus 로고
    • Will China's multinationals succeed globally or regionally?
    • Rugman, A. M., & Li, J. 2007. Will China's multinationals succeed globally or regionally?. European Management Journal, 25(5): 333-343.
    • (2007) European Management Journal , vol.25 , Issue.5 , pp. 333-343
    • Rugman, A.M.1    Li, J.2
  • 50
    • 42049117570 scopus 로고    scopus 로고
    • Foreign acquisition by Chinese firms: A strategic intent perspective
    • Rui, H., & Yip, G. S. 2008. Foreign acquisition by Chinese firms: A strategic intent perspective. Journal of World Business, 43: 213-226.
    • (2008) Journal of World Business , vol.43 , pp. 213-226
    • Rui, H.1    Yip, G.S.2
  • 53
    • 38349158654 scopus 로고    scopus 로고
    • Real options and MNE strategies in Asia Pacific
    • Tong, T., & Li, J. 2008. Real options and MNE strategies in Asia Pacific. Asia Pacific Journal of Management, 25: 153-169.
    • (2008) Asia Pacific Journal of Management , vol.25 , pp. 153-169
    • Tong, T.1    Li, J.2
  • 55
    • 0000030687 scopus 로고
    • The concept of fit in strategic research: Toward verbal and statistical correspondence
    • Venkatraman, N. 1989. The concept of fit in strategic research: Toward verbal and statistical correspondence. The Academy of Management Review, 14(3): 423-444.
    • (1989) The Academy of Management Review , vol.14 , Issue.3 , pp. 423-444
    • Venkatraman, N.1
  • 56
    • 0033092644 scopus 로고    scopus 로고
    • Same bed, different dreams: Working relationships in Sino-American joint ventures
    • Walsh, J. P., Wang, E., & Xin, K. R. 1999. Same bed, different dreams: Working relationships in Sino-American joint ventures. Journal of World Business, 34(1): 69-93.
    • (1999) Journal of World Business , vol.34 , Issue.1 , pp. 69-93
    • Walsh, J.P.1    Wang, E.2    Xin, K.R.3
  • 57
    • 0036623411 scopus 로고    scopus 로고
    • The motivations behind China's government-initiated industrial investments overseas
    • Wang, M. Y. 2002. The motivations behind China's government-initiated industrial investments overseas. Pacific Affairs, 75(2): 187-206.
    • (2002) Pacific Affairs , vol.75 , Issue.2 , pp. 187-206
    • Wang, M.Y.1
  • 58
    • 2342424396 scopus 로고    scopus 로고
    • An integrated model of knowledge transfer from MNC parent to China subsidiary
    • Wang, P., Tong, T. W., & Koh, C. P. 2004. An integrated model of knowledge transfer from MNC parent to China subsidiary. Journal of World Business, 39(2): 168-182.
    • (2004) Journal of World Business , vol.39 , Issue.2 , pp. 168-182
    • Wang, P.1    Tong, T.W.2    Koh, C.P.3
  • 59
    • 13444280362 scopus 로고    scopus 로고
    • Strategy research in emerging economies: Challenging the conventional wisdom
    • Wright, M., Filatotchev, I., Hoskisson, R. E., & Peng, M. W. 2005. Strategy research in emerging economies: Challenging the conventional wisdom. Journal of Management Studies, 42(1): 1-33.
    • (2005) Journal of Management Studies , vol.42 , Issue.1 , pp. 1-33
    • Wright, M.1    Filatotchev, I.2    Hoskisson, R.E.3    Peng, M.W.4
  • 60
    • 37349084296 scopus 로고    scopus 로고
    • What drives new ventures to internationalize from emerging to developed economies?
    • Yamakawa, Y., Peng, M. W., & Deeds, D. L. 2008. What drives new ventures to internationalize from emerging to developed economies? Entrepreneurship Theory and Practice, 32: 59-82.
    • (2008) Entrepreneurship Theory and Practice , vol.32 , pp. 59-82
    • Yamakawa, Y.1    Peng, M.W.2    Deeds, D.L.3
  • 61
    • 57849161469 scopus 로고    scopus 로고
    • A comparative analysis of the internationalization of Chinese and Japanese firms
    • Yang, X., Jiang, Y., Kang, R., & Ke, Y. 2009. A comparative analysis of the internationalization of Chinese and Japanese firms. Asia Pacific Journal of Management, 26(1): 141-162.
    • (2009) Asia Pacific Journal of Management , vol.26 , Issue.1 , pp. 141-162
    • Yang, X.1    Jiang, Y.2    Kang, R.3    Ke, Y.4
  • 62
    • 0036868575 scopus 로고    scopus 로고
    • The choice between joint venture and wholly owned subsidiary: An institutional perspective
    • Yiu, D., & Makino, S. 2002. The choice between joint venture and wholly owned subsidiary: An institutional perspective. Organization Science, 13(6): 667-683.
    • (2002) Organization Science , vol.13 , Issue.6 , pp. 667-683
    • Yiu, D.1    Makino, S.2
  • 63
    • 0000285852 scopus 로고    scopus 로고
    • Modeling the dynamics of strategic fit: A normative approach to strategic change
    • Zajac, E. J., Kraatz, M. S., & Bresser, R. K. F. 2000. Modeling the dynamics of strategic fit: A normative approach to strategic change. Strategic Management Journal, 21: 429-453.
    • (2000) Strategic Management Journal , vol.21 , pp. 429-453
    • Zajac, E.J.1    Kraatz, M.S.2    Bresser, R.K.F.3
  • 64
    • 0040390843 scopus 로고
    • Transnationalization of outward investment: The case of Chinese firms
    • Zhan, J. X. 1995. Transnationalization of outward investment: The case of Chinese firms. Transnational Corporations, 4(3): 61-93.
    • (1995) Transnational Corporations , vol.4 , Issue.3 , pp. 61-93
    • Zhan, J.X.1
  • 65
    • 62149146484 scopus 로고    scopus 로고
    • Zhan. W., Chen, R., Erramilli, M. K., & Nguyen, D. T. 2008. Acquisition of organizational capabilities and competitive advantage of IJVs in transition economies: The case of Vietnam. Asia Pacific Journal of Management. doi: 10. 1007/s10490-008-9108-1.


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.