Comparison of export and outward foreign direct investment models of Chinese enterprises based on quantitative algorithm

2018 ◽  
Vol 32 (1) ◽  
pp. 1-9 ◽  
Author(s):  
Danqi Li ◽  
Yinzhou Xu ◽  
Likui Lin
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Outward Foreign Direct Investment ◽  
Chinese Enterprises ◽  
Investment Models

Technological innovation policy and Chinese heterogeneity enterprises' outward foreign direct investment

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jinjing Zhao ◽  
Jongchul Lee
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Innovation Policy ◽  
Local Economy ◽  
Outward Foreign Direct Investment ◽  
Central State ◽  
Chinese Enterprises ◽  
Content Type ◽  
Privately Owned

PurposeThe study aims to analyze the role of the Made in China 2025 (MIC2025) initiative in China's Outward Foreign Direct Investment (OFDI) and the factors affecting the success or failure of Chinese enterprises' OFDI from the perspectives of the heterogeneity of home country enterprises.Design/methodology/approachBased on data on China's OFDI obtained from the China Global Investment Tracker (CGIT), the study uses the difference-in-differences model to analyze 2,670 completed OFDI deals and 211 failed OFDI deals by Chinese enterprises, from 2009 to 2018.FindingsThe study found that the effect of MIC2025 on Chinese enterprises' OFDI varies according to the ownership structure of the home country's enterprises. For successful OFDI, MIC2025 significantly impacted central state-owned enterprises (CSOEs), while it did not significantly influence local SOEs and privately owned enterprises. For failed OFDI, the MIC2025 plan only increased the failure of CSOEs' OFDI for the technology-seeking motivation in high-income host countries. Further, the investment options of local SOEs differ from those of CSOEs. Considering their aim to drive the local economy and seek profits, they are more similar to those of privately owned enterprises.Originality/valueThis study used a new database (i.e. the CGIT) to analyze Chinese enterprises' OFDI. It discussed the role of MIC2025 for different enterprises from the perspectives of successful and failed OFDI. It thus provided a new basis for analyzing policy affecting the OFDI of Chinese enterprises.

scholarly journals The Influence of Outward Foreign Direct Investment on Enterprise Technological Innovation

2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Chenggang Wang ◽  
Tiansen Liu ◽  
Jinliang Wang
Keyword(s):  
Foreign Direct Investment ◽  
Technological Innovation ◽  
Low Income ◽  
Direct Investment ◽  
Vital Role ◽  
Outward Foreign Direct Investment ◽  
Host Countries ◽  
Chinese Enterprises ◽  
Lag Effect ◽  
The Impact

As the scale of China’s outward foreign direct investment (OFDI) continues to expand, more and more scholars have begun to discuss the influence of OFDI on enterprise technological innovation. In order to be able to deeply explore the impact of enterprises’ OFDI activities on enterprise technological innovation, this paper combines relevant enterprise data from 2015 to 2017 and uses the new method to test the “technological innovation effect” produced by the OFDI of Chinese enterprises. Finally, this paper concluded that the development of OFDI activities of enterprises can promote the improvement of the level of technological innovation of enterprises, and this promotion has a lag effect. R&D-type OFDI activities play a vital role in promoting the ability of technological innovation of enterprises. Compared with low-income host countries, investment in high-income host countries has a greater effect on promoting the ability of technological innovation of enterprises.

scholarly journals An Analysis of China's Outward Foreign Direct Investment to the EU: Features and Problems

2014 ◽  
Vol 41 (1) ◽  
pp. 45-59
Author(s):  
Fan Ying
Keyword(s):  
European Union ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Outward Foreign Direct Investment ◽  
The European Union ◽  
Chinese Enterprises ◽  
Depth Analysis ◽  
Organic Combination ◽  
The Eu ◽  
China’S Economy

Abstract This research paper reviews the development of China's outward foreign direct investment (OFDI) to the European Union since the global fnancial crisis, summarizes the apparent characteristics and causes behind that development, provides an in-depth analysis of the problems and deep rooted risks in such investment, and predicts that with China's economy being stronger the scale of China's OFDI will be greater in the coming period. However, since Chinese enterprises are really newcomers of OFDI, they are far from being mature and successful players, which requires not only capital, but also an organic combination of intangible elements regarding economy, society, and culture etc.

scholarly journals Is Home-Host Cultural Distance a Risk? Evidence from Outward Foreign Direct Investment by Chinese Enterprises

2022 ◽  
Vol 12 (1) ◽  
pp. 7-12
Author(s):  
Hang Su ◽  
Yao Fu
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Cultural Distance ◽  
Cultural Dimensions ◽  
Mediating Effect ◽  
Outward Foreign Direct Investment ◽  
Chinese Enterprises ◽  
Singh Index ◽  
Innovation Capacity

Cultural distance is always regarded as a “risk” in the decision making of enterprises involved in the outward foreign direct investment (OFDI), however, investment is a powerful driver of productivity growth and increased innovation capacity of enterprises in both countries. Is cultural distance a “risk” ? Using Hofstede's indicators and the Kogut and Singh index (1988), this paper calculates the cultural distance based on six cultural dimensions and further examines the effect of cultural distance on the outward foreign direct investment by Chinese enterprises and its mediating effects on the role of other factors influencing the decisions of multinationals. The results indicate that there is a nonlinear effect of cultural distance and the mediating effect of cultural distance is negative.

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