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Establishment Mode Choices of Emerging Multinationals: Evidence from Poland

Author

Listed:
  • Marian Gorynia

    (Poznan University of Economics, Poland)

  • Jan Nowak

    (IBD Business School, Poland)

  • Piotr Trapczynski

    (Poznan University of Economics, Poland)

  • Radoslaw Wolniak

    (University of Warsaw, Poland)

Abstract

This study identifies and investigates the determinants of FDI modes in the context of outward foreign direct investment (OFDI) undertaken by companies from Poland. The analysis covers the interfaces between selected host-country variables and firm resources with FDI modes. A conceptual framework for FDI mode determinants is presented as a basis for the ensuing empirical analysis. The research hypotheses based on previous research are subjected to statistical verification using survey data of 60 Polish foreign investors collected throughout 2013. The main findings show that an increase of previous host-country exposure, as well as host country market attractiveness, favour the choice of green-field mode, while the lack of such exposure and the related knowledge favours acquisitions. Moreover the said green-field operations tend to be located in politically stable markets. The possession of intangible resources turns out to be irrelevant for FDI mode choice.

Suggested Citation

  • Marian Gorynia & Jan Nowak & Piotr Trapczynski & Radoslaw Wolniak, 2015. "Establishment Mode Choices of Emerging Multinationals: Evidence from Poland," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 13(2 (Summer), pages 101-124.
  • Handle: RePEc:mgt:youmgt:v:13:y:2015:i:2:p:101-124
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    References listed on IDEAS

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    1. Ciesielska, Dorota & Kołtuniak, Marcin, 2017. "Outward foreign direct investments and home country’s economic growth," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 482(C), pages 127-146.

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    More about this item

    Keywords

    foreign direct investment; FDI modes; emerging multinationals; Central and Eastern Europe;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General

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