Determinants of MNEs’ Entry Decisions pdf epub mobi txt 电子书下载 2024

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出版者出版社：中华经济研究院订阅出版社新书快讯新功能介绍

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出版日期出版日期：2017/06/07

语言语言：英文

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发表于2024-05-16

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This study tests the factors of transaction costs (TC) and resource-based views (RBV) to explain the MNEs’ entry decisions in China. By using large firm-level data from China, I show in this paper that variables related to internal uncertainty (e.g., management) and firm-specific assets tend to affect MNEs’ entry decisions in a way that is consistent with the transaction cost logic; that is, the higher degree of internal uncertainty, the MNEs may require more control over the foreign facilities or the JV. On the other hand, those variables related to external uncertainty (e.g., marketing) and intangible assets tend to conform to the resource-based view, which means higher external uncertainty would cause the MNEs to leverage the resources or local experience of local partners. This suggests that MNEs may need complementary resources from local partners to reduce the external uncertainty and enhance the value of their intangible resources.

著者信息

作者简介

Yu-Yin Wu

　　Position: Assistant Research Fellow of Chung-Hua Institution for Economic Research
　　Education: Ph. D. in Economics, National Taiwan University
　　Research Field: International Trade, FDI, Microeconometrics

Determinants of MNEs’ Entry Decisions pdf epub mobi txt 电子书下载