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Globalization Challenge for Large Firms from Developing Countries:: China's Oil and Aerospace Industries

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  • Nolan, Peter
  • Zhang, Jin

Abstract

In the epoch of global business revolution, the world's leading firms have undergone a revolutionary transformation. Firms from developing countries are disadvantaged to compete on the global level playing field of international big business. This paper investigates the competitiveness of Chinese large firms on the global level playing field as China joins the World Trade Organization. Based on analysis of firms in two 'strategic' sectors: oil and aerospace, the authors conclude that China's leading firms face critical challenges, even in the sector that has achieved significant successes.

Suggested Citation

  • Nolan, Peter & Zhang, Jin, 2003. "Globalization Challenge for Large Firms from Developing Countries:: China's Oil and Aerospace Industries," European Management Journal, Elsevier, vol. 21(3), pages 285-299, June.
  • Handle: RePEc:eee:eurman:v:21:y:2003:i:3:p:285-299
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    Citations

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    Cited by:

    1. John Mathews, 2006. "Dragon multinationals: New players in 21 st century globalization," Asia Pacific Journal of Management, Springer, vol. 23(1), pages 5-27, March.
    2. Abbas Rezazadeh Karsalari & Mohsen Mehrara & Maysam Musai & Mosa Mohammadi, 2014. "Relationship between Economic Growth, Trade and Environment: Evidence from D8 Countries," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(2), pages 320-326, April.
    3. Bi, Jianxiang & Sarpong, David & Botchie, David & Rao-Nicholson, Rekha, 2017. "From imitation to innovation: The discursive processes of knowledge creation in the Chinese space industry," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 261-270.
    4. Lee, Junho & Kim, Ikjun & Kim, Hyomin & Kang, Juyoung, 2021. "SWOT-AHP analysis of the Korean satellite and space industry: Strategy recommendations for development," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
    5. Andrea Goldstein, 2006. "The Political Economy of Industrial Policy in China: The Case of Aircraft Manufacturing," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 4(3), pages 259-273.

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