Business history and conflicting entrepreneurial culture as explanatory factors of success and failure of FDI in Chinese economy
AbstractPurpose – The paper aims to investigate if the inflow of foreign direct investment to China is not a new phenomenon but one which is directly associated to the country's economic history. Design/methodology/approach – The question is approached by studying the current FDI inflows and comparing them with those of the past. Findings – It is found that FDI inflows to China are not a new phenomenon. In the pre-communist China, Western multinationals had been extremely active surprisingly in the same geographical locations. Thus, the current FDI inflow is a repetition of the past. Research limitations/implications – The research was based on secondary data, already published in the international academic literature. However, the implications of the paper are associated with economic behaviour. It seems that today's investors have similar if not identical criteria with those of the past. Originality/value – The value of the paper is to explain FDI inflows not as the outcome of traditional theoretical schemata (ownership, location, internalisation, market power approach, internationalization, etc.) but using the element of economic history and the repeated economic behaviour. Cultural parameters are also addressed.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Emerald Group Publishing in its journal Studies in Economics and Finance.
Volume (Year): 27 (2010)
Issue (Month): 4 (October)
Contact details of provider:
Web page: http://www.emeraldinsight.com
Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cheung Kui-yin & Lin, Ping, 2004. "Spillover effects of FDI on innovation in China: Evidence from the provincial data," China Economic Review, Elsevier, vol. 15(1), pages 25-44.
- Oded Shenkar & Mary Ann von Glinow, 1994. "Paradoxes of Organizational Theory and Research: Using the Case of China to Illustrate National Contingency," Management Science, INFORMS, vol. 40(1), pages 56-71, January.
- Harry G Barkema & Freek Vermeulen, 1997. "What Differences in the Cultural Backgrounds of Partners Are Detrimental for International Joint Ventures?," Journal of International Business Studies, Palgrave Macmillan, vol. 28(4), pages 845-864, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Louise Lister).
If references are entirely missing, you can add them using this form.