2134/22804
Lin Cui
Lin
Cui
Di Fan
Di
Fan
Xiaohui Liu
Xiaohui
Liu
Yi Li
Yi
Li
Where to seek strategic assets for competitive catch-up? a configurational study of emerging multinational enterprises expanding into foreign strategic-factor markets
Loughborough University
2016
Emerging multinational enterprise
Foreign direct investment
Fuzzy set methods
Strategic asset seeking
Competitive catch-up
Awareness-motivation-capability framework
Business and Management not elsewhere classified
2016-10-12 10:46:33
Journal contribution
https://repository.lboro.ac.uk/articles/journal_contribution/Where_to_seek_strategic_assets_for_competitive_catch-up_a_configurational_study_of_emerging_multinational_enterprises_expanding_into_foreign_strategic-factor_markets/9504296
Emerging multinational enterprises (EMNEs) often engage in strategic-asset-seeking foreign direct investment (FDI) for competitive catch-up. This study explores the linkages between an EMNE’s competitive scenario consisting of a configuration of its awareness-motivation-capability (AMC) conditions and the comparative institutional advantages of its strategic-asset-seeking destination. Our configurational analyses of Chinese FDIs in the technology-intensive industries of OECD countries reveal a taxonomy of four distinct asset-seeking strategies of EMNEs. Our findings shed novel insights into the strategic variations within EMNEs based on a theoretically and methodologically extended AMC framework. This study also extends the varieties of capitalism literature by addressing the implications of comparative institutional advantages for foreign entrants, rather than domestic incumbent firms.