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What drives firms' intent to seek strategic assets by foreign direct investment? A study of emerging economy firms

Cui, Lin; Meyer, Klaus E; Hu Wei, Helen

Description

What drives firms, particularly those from emerging economies, to engage in competitive catch-up with world leaders? We study the first step leading to catch-up, namely the managerial intent to acquire strategic assets that help closing the gap. Theoretically grounded in the awareness-motivation-capability (AMC) framework of competitive dynamics, we identify key factors contributing to firms' strategic intent to catch-up by acquiring strategic assets abroad. Using a sample of 154 Chinese firms,...[Show more]

CollectionsANU Research Publications
Date published: 2014
Type: Journal article
URI: http://hdl.handle.net/1885/28357
Source: Journal of World Business
DOI: 10.1016/j.jwb.2013.12.003

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