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.Rushing in where Angels Fear to Tread?.: The Early Internationalization of Indigenous Chinese Firms

  • Naude, Wim

In 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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File URL: http://www.wider.unu.edu/stc/repec/pdfs/rp2009/RP2009-27.pdf
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Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper RP2009/27.

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Length: 20
Date of creation: 2009
Date of revision:
Handle: RePEc:unu:wpaper:rp2009-27
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  1. Tan, Justin, 2001. "Innovation and risk-taking in a transitional economy: A comparative study of chinese managers and entrepreneurs," Journal of Business Venturing, Elsevier, vol. 16(4), pages 359-376, July.
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  4. Diego Puga & Daniel Trefler, 2009. "Wake up and smell the ginseng: International trade and the rise of incremental innovation in low-wage countries," Working Papers 2009-01, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
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  8. Girma, Sourafel & Gong, Yundan & Görg, Holger & Yu, Zhihong, 2007. "Can Production Subsidies Foster Export Activity? Evidence from Chinese Firm Level Data," CEPR Discussion Papers 6052, C.E.P.R. Discussion Papers.
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  15. Michael A Witt & Arie Y Lewin, 2007. "Outward foreign direct investment as escape response to home country institutional constraints," Journal of International Business Studies, Palgrave Macmillan, vol. 38(4), pages 579-594, July.
  16. Anna Nadolska & Harry G Barkema, 2007. "Learning to internationalise: the pace and success of foreign acquisitions," Journal of International Business Studies, Palgrave Macmillan, vol. 38(7), pages 1170-1186, December.
  17. F. Gerard Adams & Byron Gangnes & Yochanan Shachmurove, 2006. "Why is China so Competitive? Measuring and Explaining China's Competitiveness," The World Economy, Wiley Blackwell, vol. 29(2), pages 95-122, 02.
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