Foreign Direct Investment, China and the World Economy by Buckley, Peter J. -- Read -- Imperial Library of Trantor

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Foreign Direct Investment, China and the World Economy

Contents Notes on Contributors Foreword by Professor Klaus Macharzina

1 Introduction

Section I Theory

2 Regaining the Edge for International Business Research

The domain of international business Summary Acknowledgements Notes References

3 Stephen Hymer: Three Phases, One Approach?

Introduction The three phases of Hymer’s work Conclusion Acknowledgements Notes References

4 Firm Configuration and Internationalisation: A Model

Introduction Literature review The model Solution of the location and control decisions A dynamic perspective Conclusion Acknowledgements Note References

5 Edith Penrose’s Theory of the Growth of the Firm and the Strategic Management of Multinational Enterprises

Introduction A simple formal model of Penrose’s theory of the growth of the firm A simple multinational analogue of the Penrose model A contrast between the Penrose model and that of Buckley and Casson A reconciliation between the two models The optimal speed of internationalisation Synthesis Conclusion Acknowledgements References

Section II Chinese Outward Foreign Direct Investment

6 The Determinants of Chinese Outward Foreign Direct Investment

Introduction The general theory of FDI A special theory for Chinese ODI? Capital market imperfections Ownership advantages of Chinese MNEs Institutional factors influencing Chinese ODI The determinants of Chinese ODI: hypotheses Natural resource endowment Asset-seeking FDI Political risk Cultural proximity Policy liberalisation Exchange rate Host inflation rate Exports and imports Geographic distance from China Openness to FDI The model Data and method Results and discussion Changes over time Conclusions Acknowledgements Notes References Appendix Countries host to Chinese ODI in the data set

7 Historic and Emergent Trends in Chinese Outward Direct Investment

Introduction Theoretical explanations of developing country FDI Firm and industry level theory Special explanations for Asian developing country firms Aggregation and explanation The institutional setting for Chinese ODI The institutional setting for Chinese ODI China’s outward direct investment position8 Trends in China’s aggregate annual ODI flow Motives for Chinese outward FDI Natural resource-seeking FDI Market-seeking FDI Strategic asset seeking FDI Efficiency-seeking FDI Conclusions: Is Chinese ODI a special case of emerging country ODI? Acknowledgements Notes References

Section III Foreign Direct Investment in China

8 Cultural Awareness in Knowledge Transfer to China – The Role of Guanxi and Mianzi

Introduction Literature review Research method Findings Discussion Conclusions Acknowledgements References

9 Is the Relationship between Inward FDI and Spillover Effects Linear? An Empirical Examination of the Case of China

Introduction Literature review Methodology Empirical results Conclusions Acknowledgements Notes References

10 Inward FDI and Host Country Productivity: Evidence from China’s Electronics Industry

Introduction Literature review Methodology and data Results Discussion Conclusions Notes References

11 China’s Inward Foreign Direct Investment Success: Southeast Asia in the Shadow of the Dragon

Introduction Patterns of FDI in China Investment motivation Investment source Investment form Geographic distribution Rivalry between China and Southeast Asia for FDI prior to WTO accession Rivalry between China and Southeast Asia for FDI after WTO accession The implications of China’s WTO accession for Southeast Asia China’s role as a regional driver Alternative policy responses for Southeast Asia Conclusion Acknowledgement Notes References

12 The Impact of Inward Foreign Direct Investment on the Nature and Intensity of Chinese Manufacturing Exports

1. Introduction Conceptual framework Data and model specification Empirical results Discussion Conclusion Notes References

13 The Impact of Foreign Direct Investment on the Productivity of China’s Automotive Industry

Introduction FDI in China’s automotive industry Theoretical framework and literature review Model, data and methodology Empirical results Conclusions Notes References

Introduction Literature review Data and methodology Results Conclusions References

15 Organisation and Action in a Chinese State-owned Service Intermediary: The Case of Sinotrans

Introduction Theoretical background Research methods Data collection Data analysis Propositions and evidence Organisational design, technology and structure Boundary spanning activities Changes in Sinotrans’ corporate culture over time Discussion Conclusions Acknowledgement Note References

Section IV Foreign Direct Investment and Policy

16 Foreign Direct Investment in Ireland: Policy Implications for Emerging Economies

Introduction Selective promotion of MNE investment Development of clusters Implications for FDI policy in emerging economies Notes References

Introduction Inward foreign direct investment flows and free trade: the US-Canada relationship Results Conclusions Appendix A Appendix B APPENDIX C Notes References

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