.Rushing in where Angels Fear to Tread?.: The Early Internationalization of Indigenous Chinese Firms
AbstractIn this paper I empirically investigate the early international entrepreneurship of indigenous Chinese firms using data on 3,948 firms surveyed by the World Bank in 2002-03. I find important differences in the extent and motivation of early internationalization between indigenous and foreign-invested Chinese firms. Despite having started with internationalization relatively more recently than most foreign-invested firms, and despite having much less least foreign experience (only 1.3 years, on average, versus nine years) than foreign-invested firms, indigenous firms who internationalize early were found to perform better than foreign-invested firms. They may be .rushing in. to international markets, but so far this seems to be paying off quite
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Bibliographic InfoPaper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper RP2009/27.
Date of creation: 2009
Date of revision:
international entrepreneurship; international new ventures; exports; China;
Other versions of this item:
- Wim Naudé, 2009. "“Rushing in where angels fear to tread”?: The early internationalization of indigenous Chinese firms," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing, vol. 2(3), pages 163-177, October.
- NEP-ALL-2009-08-16 (All new papers)
- NEP-CNA-2009-08-16 (China)
- NEP-DEV-2009-08-16 (Development)
- NEP-ENT-2009-08-16 (Entrepreneurship)
- NEP-SBM-2009-08-16 (Small Business Management)
- NEP-TRA-2009-08-16 (Transition Economics)
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