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Entry strategies into China: The choice between Joint Ventures and Wholly Foreign-Owned Enterprises: An application to the Italian manufacturing sector

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  • Bontempi, Maria Elena
  • Prodi, Giorgio

Abstract

We investigate the entry choice between Joint Ventures and Wholly Foreign-Owned Enterprises in the Chinese market. The analysis is based on Italian firms, thus allowing to evaluate the behaviour of also small-medium sized companies -- usually less focused on by the literature on entry modes. The data, mainly from a questionnaire, supply detailed enterprise-level information and make possible to properly measure and evaluate the impact on entry modes of several variables such as innovation, internationalization, and, new in the empirical literature on this issue, corporate capital structure.

Suggested Citation

  • Bontempi, Maria Elena & Prodi, Giorgio, 2009. "Entry strategies into China: The choice between Joint Ventures and Wholly Foreign-Owned Enterprises: An application to the Italian manufacturing sector," International Review of Economics & Finance, Elsevier, vol. 18(1), pages 11-19, January.
    • Handle: RePEc:eee:reveco:v:18:y:2009:i:1:p:11-19
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    3. Gattai, Valeria & Natale, Piergiovanna, 2013. "What makes a joint venture: Micro-evidence from Sino-Italian contracts," Review of Financial Economics, Elsevier, vol. 22(4), pages 194-205.
    4. Umberto Monarca & Ernesto Cassetta & Michele Lo Re & Linda Meleo, 2019. "A Network Analysis of the Intersectoral Linkages Between Manufacturing and Other Industries in China and Italy," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 11(1-2), pages 80-97, January.
    5. Xiaolan Fu & Peter J. Buckley & Diego Sanchez-Ancochea & Ines Hassan, 2022. "The world has a unique opportunity: Accelerating technology transfer and vaccine production through partnerships," Journal of International Business Policy, Palgrave Macmillan, vol. 5(3), pages 406-415, September.
    6. Banerjee, Shantanu & Mukherjee, Arijit, 2010. "Joint venture instability in developing countries under entry," International Review of Economics & Finance, Elsevier, vol. 19(4), pages 603-614, October.
    7. Chaudhuri, Sarbajit & Yabuuchi, Shigemi, 2010. "Formation of special economic zone, liberalized FDI policy and agricultural productivity," International Review of Economics & Finance, Elsevier, vol. 19(4), pages 779-788, October.

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