Despite the fact that China has emerged as a driving force of the world economy over the last decade, little research has been undertaken into how Chinese firms strategically manage their businesses. This paper develops a theoretical framework of strategic management in the Chinese firms through reviewing and synthesising five strategic perspectives that are relevant to the Chinese context: the Industry Structure View (ISV), Resources-Based View (RBV), Institutional View (IV), Relational View (RV), and Stakeholder View (SHV). We elaborate the relevance of the SHV in the Chinese context and its relationships with other strategic perspectives. Finally, we offer several managerial and research implications based on the theoretical framework developed.
... the most significant developments in the global economy is the re-emergence of China as a major dr..., and particularly powerful multinational corporations, need to actively develop, maintain a... they refer to as "large, complex enterprises" (p. 9), citing examples such as Motorola, Shell, ...
Perspectives on Corporate Social Responsibility (CSR), Mining, and Sustainable Development Taking Harper's and the World Bank's positions together as representative of the current dominant view of the role of foreign direct investment in mining in Latin America, we must ask under what conditions mining activity might contribute to poverty alleviation and sustainable development. Harper points to the world-class corporate social responsibility (CSR) initiatives of Canadian mining companies, along with the Canadian government's National Roundtable report on CSR and the Extractive Sector in Developing Nations (Interview, 2007) and the World Bank's Extractive Industries Review (EIR) points to the enabling conditions of "pro-poor public and corporate governance," "effective social and envir...
...Latin America's share of global resources, its relatively attractive investment cl... tensions often associated with mining enterprises, their economic benefits are usually deemed to out... "bad capitalism" (by undermining market economy, interfering with government responsibilities) or ... law firm representing several multinational companies, and CERI, the Canadian Energy Research ...
... a key industrial sector for the Canadian economy. According to 2001 Statistics Canada data, Canada .... Most NSNs are submitted by multinational or large enterprises. In 2003, notifiers with sale... of the NSNR and NS Program in the global context; and (5) service delivery. The Final Repor...
In the research of innovation, the technique innovation, enterprise innovation, national innovation, and regional innovation, they all can be considered as a system that is made up of a lot of elements and correlation, namely innovation system. Up to the present of the development of innovation theory, the integration, network and systematization have been proved to be a trend of development of innovation theory. The article mainly discusses theory of evolution and the specific characteristics of research on the System Paradigm of innovation.
... reveals the innovative behavior of enterprises from a micro-system perspective. Later Neo-Schumpe... systems, concerning the national economy and policies have an effect on technology innovati... Secondly, on the impact of economic globalization, how much effects do the state can have on the inn... body, while the key business of multinational companies are also focused on contacts in the regi...
China has emerged as the most dynamic FDI-host country in the world, and the impact of FDI on the Chinese economy has burgeoned in ways that no one anticipated. This paper focuses on four issues: (a) the factors behind the FDI boom; (b) how China has succeeded in utilizing FDI so far; (c) China's FDI strategy; and (d) its future development. China's special advantages in attracting and using FDI come from three sources: the huge market with cheap labour, the large number of rich overseas Chinese as investors, and the effective FDI strategy and policy implemented by the central government. Whether or not China will be a winner in future depends on how it balances between technology transfers and domestic market protection.
... recipient in the developing world, and globally, the second largest (after the United States). Sin... came from the foreign-invested enterprises (FIEs), 28 percent of industrial output was produc...* China's bargaining power over multinational corporations (MNCs) stems from three sources: its ...
Political risk analysis primarily receives attention for foreign direct investment (FDI) but only rarely for exporting. We examine how exporters and foreign direct investors evaluate the relative importance of political risk factors. We provide a rationale for exporters to evaluate political risk factors for FDI and for foreign direct investors to evaluate political risk factors for exporting. Survey data were collected from Canadian exporters and foreign direct investors and capture the distinctive nature of salient factors for exporting and FDI. We offer unique insights on the evolutionary character of political risk that are of practical value for both exporting and FDI.
...multinational enterprises experienced significant losses due to ..., as well as firm-specific know-how and global strategic factors (Malhotra, Agarwal, & Ulgado, 20... an assessment of the host country's economy and its rate of development (de la Torre & Neckar,...
In the globalization era, cost competitiveness alone will not be sufficient to guarantee further success. The China's LICs faced a serious challenge between the top-down (global) and bottom-up (local) governance pressures. In order to remain competitive, there is a need for LICs to upgrade their activities and move up along GVC, and shall constantly pursue enhancement and optimization of value chain and developing their capabilities. To help overcome the constraints on LICs, the need to develop new and more effective governance strategies and policies are high priority. This paper also shows how LICs can break out of the "lock-in" which results form working for a small powerful GVC's governors. It recognizes the GVC governance variance and opening up new opportunities for LIC.
... to play a major role in China's booming economy, China is now the world's third-largest trading ec... of clusters began in the early 1980s, enterprises in these clusters are mostly entrepreneurial and f... to the chain of athletic shoes, multinationals like Nike and Reebok used to order the bulk of sho...
...Due to increased global energy demands, especially in emerging economies, ... for Take-overs by State Owned Enterprises" to supplement existing legislation. The guideline... associated with entry into a free-market economy with which the overseas investor may be unfamiliar... Canadian subsidiary of the French multinational and has recently restated its goal of producing hy...
China has experienced pressing energy shortages in recent years, and Beijing has intensified its efforts to secure China's energy supply through both increased domestic production and external expansion. In this paper, I first analyze China's global quest for energy by looking at the correlation between China's economic growth and its energy security concerns. I then examine the implications of China's "go-out" strategy through two sets of case studies. I argue that China's global search for energy is primarily driven by its rapid economic growth, out of insecurity rather than a master plan to dominate the world, and that China's energy security issues have multiple implications beyond simple economic concerns. Finally, I recommend a forward-looking engagement policy to be adapted by Ca...
....1 Since early 21st Century, the Chinese economy has experienced a pressing energy shortage, and th... They have also opened the doors for multinational corporations to enter China's domestic energy mark... energy companies, or individual enterprises in order to establish a long-term local presence. ...
An important operational aspect of international business is the coordination of widely dispersed resources of their networks of relationships with partners. Such interdependencies affect their ability to compete and/or create economic wealth. In order to examine the significance of network relationships in alliance capitalism and foreign direct investment (FDI), a network perspective as governance structure is used to examine the effects of resource interdependencies on relationship value. The article provides insights into alliance capitalism of interfirm relations for understanding implications for relationship value and increasing FDI between firms in industrial clusters of small and medium sized firms. On the basis that flows of local and foreign investment could be from internal o...
... scarce resources more than large multinationals, their networks of relationships are critical for ...The increasing globalization of economic activity is changing the way transnati...While governments and multinational enterprises can work together to create competitive markets by... of assets, the competitiveness of the economy with regards to export earnings and inflows of FDI...
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