IDEAS home Printed from https://ideas.repec.org/p/eti/dpaper/11031.html
   My bibliography  Save this paper

Emerging Paradigm of Internationalization of China's Private-Owned Enterprises: Theoretical analysis and case study

Author

Listed:
  • ZHAO Wei

Abstract

The upsurge of the outward direct investment (ODI) made by the Chinese firms in recent few years is one of main concerns among the academic researchers and policy consultants targeting emerging market economies. In this paper, the focus for analysis is the internationalization and ODI initiated by Chinese private-owned enterprises (POEs). Starting with a check of key factors that shape the general environment for Chinese enterprises' ODI and internationalization, the main theme of the paper is to assess conventional western theories on firm's internationalization compared with the reality found amongst Chinese POEs. The conclusion is that the conventional western theories do not satisfactorily explain the realities found in China. An alternative framework is suggested, the SIL model, as a more convincing explanation for the ODI and internationalization of the Chinese POEs. The SIL model is a revised version of John Dunning's eclectic paradigm taking into account the Chinese POE's experience. It accounts for the way in which the POEs focus on a market seeking orientation in the early stages of "going out".

Suggested Citation

  • ZHAO Wei, 2011. "Emerging Paradigm of Internationalization of China's Private-Owned Enterprises: Theoretical analysis and case study," Discussion papers 11031, Research Institute of Economy, Trade and Industry (RIETI).
  • Handle: RePEc:eti:dpaper:11031
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/dp/11e031.pdf
    Download Restriction: no

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eti:dpaper:11031. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (KUMAGAI, Akiko). General contact details of provider: http://edirc.repec.org/data/rietijp.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.