IDEAS home Printed from https://ideas.repec.org/a/bla/stratm/v38y2017i13p2704-2725.html
   My bibliography  Save this article

Emerging Market Firms' Internationalization: How Do Firms' Inward Activities Affect Their Outward Activities?

Author

Listed:
  • Haiyang Li
  • Xiwei Yi
  • Geng Cui

Abstract

No abstract is available for this item.

Suggested Citation

  • Haiyang Li & Xiwei Yi & Geng Cui, 2017. "Emerging Market Firms' Internationalization: How Do Firms' Inward Activities Affect Their Outward Activities?," Strategic Management Journal, Wiley Blackwell, vol. 38(13), pages 2704-2725, December.
  • Handle: RePEc:bla:stratm:v:38:y:2017:i:13:p:2704-2725
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1002/smj.2679
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Johannes M. Lehner, 2000. "Shifts of Reference Points for Framing of Strategic Decisions and Changing Risk-Return Associations," Management Science, INFORMS, vol. 46(1), pages 63-76, January.
    2. Amos Tversky & Daniel Kahneman, 1991. "Loss Aversion in Riskless Choice: A Reference-Dependent Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(4), pages 1039-1061.
    3. Michael A. Hitt & Haiyang Li & William J. Worthington IV, 2005. "Emerging Markets as Learning Laboratories: Learning Behaviors of Local Firms and Foreign Entrants in Different Institutional Contexts," Management and Organization Review, International Association of Chinese Management Research, vol. 1(3), pages 353-380, November.
    4. Erkko Autio, 2005. "Creative tension: the significance of Ben Oviatt's and Patricia McDougall's article ‘toward a theory of international new ventures’," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 36(1), pages 9-19, January.
    5. Doug Guthrie, 2005. "Organizational Learning and Productivity: State Structure and Foreign Investment in the Rise of the Chinese Corporation," Management and Organization Review, International Association of Chinese Management Research, vol. 1(2), pages 165-195, July.
    6. Jan Johanson & Jan-Erik Vahlne, 1977. "The Internationalization Process of the Firm—A Model of Knowledge Development and Increasing Foreign Market Commitments," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 8(1), pages 23-32, March.
    7. Igor Filatotchev & Jenifer Piesse, 2009. "R&D, internationalization and growth of newly listed firms: European evidence," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 40(8), pages 1260-1276, October.
    8. Yan Zhang & Haiyang Li, 2010. "Innovation search of new ventures in a technology cluster: the role of ties with service intermediaries," Strategic Management Journal, Wiley Blackwell, vol. 31(1), pages 88-109, January.
    9. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    10. Hitt, Michael A. & Li, Haiyang & Worthington, William J., 2005. "Emerging Markets as Learning Laboratories: Learning Behaviors of Local Firms and Foreign Entrants in Different Institutional Contexts," Management and Organization Review, Cambridge University Press, vol. 1(3), pages 353-380, November.
    11. Guthrie, Doug, 2005. "Organizational Learning and Productivity State Structure and Foreign Investment in the Rise of the Chinese Corporation," Management and Organization Review, Cambridge University Press, vol. 1(2), pages 165-195, July.
    12. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    13. Xiaowen Tian, 2007. "Accounting for sources of FDI technology spillovers: evidence from China," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(1), pages 147-159, January.
    14. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
    15. Yadong Luo & Rosalie L Tung, 2007. "International expansion of emerging market enterprises: A springboard perspective," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(4), pages 481-498, July.
    16. George P. Huber, 1991. "Organizational Learning: The Contributing Processes and the Literatures," Organization Science, INFORMS, vol. 2(1), pages 88-115, February.
    17. Rui, Huaichuan & Yip, George S., 2008. "Foreign acquisitions by Chinese firms: A strategic intent perspective," Journal of World Business, Elsevier, vol. 43(2), pages 213-226, March.
    18. Qian Gu & Jane W Lu, 2011. "Effects of inward investment on outward investment: The venture capital industry worldwide 1985–2007," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 42(2), pages 263-284, February.
    19. Peter J Buckley & Jeremy Clegg & Chengqi Wang, 2002. "The Impact of Inward FDI on the Performance of Chinese Manufacturing Firms," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 33(4), pages 637-655, December.
    20. Sea Jin Chang & Dean Xu, 2008. "Spillovers and competition among foreign and local firms in China," Strategic Management Journal, Wiley Blackwell, vol. 29(5), pages 495-518, May.
    21. H. Kevin Steensma & Marjorie A. Lyles, 2000. "Explaining IJV survival in a transitional economy through social exchange and knowledge‐based perspectives," Strategic Management Journal, Wiley Blackwell, vol. 21(8), pages 831-851, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Liu, Yang & Deng, Ping & Wei, Jiang & Ying, Ying & Wu, Bing, 2021. "How to gain from international R&D alliances? A mutual dependence logic," Journal of Business Research, Elsevier, vol. 135(C), pages 800-815.
    2. Nur Izzati binti Mohamad Anuar* & Nik Malini binti Nik Mahdi & Abdullah Al Mamun & Dzulkifli bin Mukhtar & Nursafeda binti Abd Rashid & Symeon Mandrinos, 2018. "Connecting Inward and Outward Internationalisation of Malaysian SMEs: A Learning Approach," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 264-275:4.
    3. Exequiel Hernandez & Mauro F Guillén, 2018. "What’s theoretically novel about emerging-market multinationals?," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(1), pages 24-33, January.
    4. Hao, Liang & Rong, Wang & Haikun, Zhu, 2020. "Growing up under Mao and Deng : On the ideological determinants of corporate policies," BOFIT Discussion Papers 20/2020, Bank of Finland, Institute for Economies in Transition.
    5. Danchi Tan & Weichieh Su & Joseph T. Mahoney & Yasemin Kor, 2020. "A review of research on the growth of multinational enterprises: A Penrosean lens," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(4), pages 498-537, June.
    6. Yan, Jiaju & Williams, D.W., 2021. "Timing is everything? Curvilinear effects of age at entry on new firm growth and survival and the moderating effect of IPO performance," Journal of Business Venturing, Elsevier, vol. 36(5).
    7. Chen, Jianxun & Zhan, Wu & Tong, Zhaodi & Kumar, Vikas, 2020. "The effect of inward FDI on outward FDI over time in China: A contingent and dynamic perspective," International Business Review, Elsevier, vol. 29(5).
    8. Nuno Calheiros-Lobo & José Vasconcelos Ferreira & Manuel Au-Yong-Oliveira, 2023. "SME Internationalization and Export Performance: A Systematic Review with Bibliometric Analysis," Sustainability, MDPI, vol. 15(11), pages 1-36, May.
    9. Zhao, Shasha & Liu, Xiaohui & Andersson, Ulf & Shenkar, Oded, 2022. "Knowledge management of emerging economy multinationals," Journal of World Business, Elsevier, vol. 57(1).
    10. Arindam Mondal & Somnath Lahiri & Sougata Ray, 2021. "Strategic Response to Inward Foreign Direct Investment: A Study of Indian Family Firms," Management International Review, Springer, vol. 61(2), pages 207-233, April.
    11. Du, Jian & Xu, Yue & Voss, Hinrich & Wang, Song, 2021. "The impact of home business network attributes on Chinese outward foreign direct investment," International Business Review, Elsevier, vol. 30(4).
    12. Bandick, Roger, 2020. "Global sourcing, firm size and export survival," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 14, pages 1-29.
    13. Wu, Aiqi & Song, Di & Liu, Yihui, 2022. "Platform synergy and innovation speed of SMEs: The roles of organizational design and regional environment," Journal of Business Research, Elsevier, vol. 149(C), pages 38-53.
    14. Arpita Agnihotri & Saurabh Bhattacharya, 2019. "CEO Narcissism and Internationalization by Indian Firms," Management International Review, Springer, vol. 59(6), pages 889-918, December.
    15. Syed Zulfiqar Ali Shah & Muhammad Anwar & Ch. Mazhar Hussain, 2021. "Top managers' attributes, innovation, and the participation in China–Pakistan Economic Corridor: A study of energy sector small and medium‐sized enterprises," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(2), pages 385-406, March.
    16. Bhandari, Krishna Raj & Zámborský, Peter & Ranta, Mikko & Salo, Jari, 2023. "Digitalization, internationalization, and firm performance: A resource-orchestration perspective on new OLI advantages," International Business Review, Elsevier, vol. 32(4).
    17. Tang, Ryan W., 2023. "Institutional unpredictability and foreign exit−reentry dynamics: The moderating role of foreign ownership," Journal of World Business, Elsevier, vol. 58(2).
    18. Ma, Guangcheng & Cao, Jianhua & Famanta, Mahamane, 2023. "Does the coordinated development of two-way FDI increase the green energy efficiency of Chinese cities? Evidence from Chinese listed companies," Structural Change and Economic Dynamics, Elsevier, vol. 65(C), pages 59-77.
    19. Eliane Choquette, 2019. "Import-based market experience and firms’ exit from export markets," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(3), pages 423-449, April.
    20. repec:zbw:bofitp:2020_020 is not listed on IDEAS
    21. Ping Deng & Andrew Delios & Mike W. Peng, 2020. "A geographic relational perspective on the internationalization of emerging market firms," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(1), pages 50-71, February.
    22. Luiz, John M. & Barnard, Helena, 2022. "Home country (in)stability and the locational portfolio construction of emerging market multinational enterprises," Journal of Business Research, Elsevier, vol. 151(C), pages 17-32.
    23. Idris, Bochra & Saridakis, George & Khan, Zaheer, 2022. "The Effect of Outward and Inward Internationalisation on Different Types of Innovation: Evidence from UK SMEs," Journal of International Management, Elsevier, vol. 28(2).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jing Yang & Frank Tipton & Jiatao Li, 2011. "A review of foreign business management in China," Asia Pacific Journal of Management, Springer, vol. 28(3), pages 627-659, September.
    2. Larissa Rabbiosi & Stefano Elia & Fabio Bertoni, 2012. "Acquisitions by EMNCs in Developed Markets," Management International Review, Springer, vol. 52(2), pages 193-212, April.
    3. Purkayastha, Anish & Kumar, Vikas & Gupta, Vishal K., 2021. "Emerging market internationalizing firms: Learning through internationalization to achieve entrepreneurial orientation," Journal of World Business, Elsevier, vol. 56(5).
    4. Mengmeng Wang & Shufeng Simon Xiao & Sang Hyun Han, 2023. "Exploring the double-edged sword effect of outward FDI spillovers on domestic firms’ productivity in an emerging market," Asian Business & Management, Palgrave Macmillan, vol. 22(1), pages 275-299, February.
    5. Liang Chen & Yi Li & Di Fan, 2021. "Who are the most inclined to learn? Evidence from Chinese multinationals’ internationalization in the European Union," Asia Pacific Journal of Management, Springer, vol. 38(1), pages 231-257, March.
    6. Heechun Kim & Jie Wu & Douglas A. Schuler & Robert E. Hoskisson, 2020. "Chinese multinationals’ fast internationalization: Financial performance advantage in one region, disadvantage in another," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(7), pages 1076-1106, September.
    7. Bilgili, Tsvetomira V. & Kedia, Ben L. & Bilgili, Hansin, 2016. "Exploring the influence of resource environments on absorptive capacity development: The case of emerging market firms," Journal of World Business, Elsevier, vol. 51(5), pages 700-712.
    8. Chen, Jianxun & Zhan, Wu & Tong, Zhaodi & Kumar, Vikas, 2020. "The effect of inward FDI on outward FDI over time in China: A contingent and dynamic perspective," International Business Review, Elsevier, vol. 29(5).
    9. Dirk Holtbrügge & Sue Claire Berning, 2018. "Market Entry Strategies and Performance of Chinese Firms in Germany: The Moderating Effect of Home Government Support," Management International Review, Springer, vol. 58(1), pages 147-170, February.
    10. Xiaoming He & Subrata Chakrabarty & Lorraine Eden, 2016. "The global emergence of Chinese multinationals: A resource-based view of ownership and performance," Asian Business & Management, Palgrave Macmillan, vol. 15(1), pages 1-31, February.
    11. Li, Peter Ping, 2010. "Toward a learning-based view of internationalization: The accelerated trajectories of cross-border learning for latecomers," Journal of International Management, Elsevier, vol. 16(1), pages 43-59, March.
    12. Gloria Ge & Hugh Wang, 2013. "The impact of network relationships on internationalization process: An empirical study of Chinese private enterprises," Asia Pacific Journal of Management, Springer, vol. 30(4), pages 1169-1189, December.
    13. Renfei Gao, 2023. "Inward FDI spillovers and emerging multinationals’ outward FDI in two directions," Asia Pacific Journal of Management, Springer, vol. 40(1), pages 265-293, March.
    14. Fernhaber, Stephanie & Li, Dan & Wu, Aiqi, 2019. "Internationalization of emerging-economy new ventures: The role of within-country differences," Business Horizons, Elsevier, vol. 62(4), pages 497-507.
    15. Satta, Giovanni & Parola, Francesco & Persico, Luca, 2014. "Temporal and Spatial Constructs in Service Firms' Internationalization Patterns: The Determinants of the Accelerated Growth of Emerging MNEs," Journal of International Management, Elsevier, vol. 20(4), pages 421-435.
    16. Kang, Yuanfei & Scott-Kennel, Joanna & Battisti, Martina & Deakins, David, 2021. "Linking inward/outward FDI and exploitation/exploration strategies: Development of a framework for SMEs," International Business Review, Elsevier, vol. 30(3).
    17. Liu, Xiaohui & Gao, Lan & Lu, Jiangyong & Lioliou, Eleni, 2016. "Does learning at home and from abroad boost the foreign subsidiary performance of emerging economy multinational enterprises?," International Business Review, Elsevier, vol. 25(1), pages 141-151.
    18. Christopher Williams & Ana Colovic & Jiqing Zhu, 2016. "Foreign Market Knowledge, Country Sales Breadth And Innovative Performance Of Emerging Economy Firms," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(06), pages 1-25, August.
    19. Zhu, JianJun (John) & Tse, Caleb H. & Li, Xu, 2019. "Unfolding China’s state-owned corporate empires and mitigating agency hazards: Effects of foreign investments and innovativeness," Journal of World Business, Elsevier, vol. 54(3), pages 191-212.
    20. Xiao, Simon Shufeng & Jeong, Insik & Moon, Jon Jungbien & Chung, Chris Changwha & Chung, Jaiho, 2013. "Internationalization and Performance of Firms in China: Moderating Effects of Governance Structure and the Degree of Centralized Control," Journal of International Management, Elsevier, vol. 19(2), pages 118-137.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:stratm:v:38:y:2017:i:13:p:2704-2725. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1111/0143-2095 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.