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

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dc.contributor.authorCui, Lin
dc.contributor.authorMeyer, Klaus E
dc.contributor.authorHu Wei, Helen
dc.date.accessioned2015-12-07T22:55:22Z
dc.date.issued2014
dc.date.updated2023-06-25T08:16:04Z
dc.description.abstractWhat 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, we find that firms' strategic assets seeking intent of foreign direct investment is influenced by their exposure to foreign competition, their governance structure, and relevant financial and managerial capabilities.
dc.identifier.issn1090-9516
dc.identifier.urihttp://hdl.handle.net/1885/28357
dc.publisherElsevier
dc.sourceJournal of World Business
dc.subjectKeywords: Competitive catch-up; Competitive dynamics; Foreign direct investment; MNEs from emerging economies; Strategic asset seeking
dc.titleWhat drives firms' intent to seek strategic assets by foreign direct investment? A study of emerging economy firms
dc.typeJournal article
local.bibliographicCitation.issue4
local.bibliographicCitation.lastpage501
local.bibliographicCitation.startpage588
local.contributor.affiliationCui, Lin, College of Business and Economics, ANU
local.contributor.affiliationMeyer, Klaus E, China Europe International Business School
local.contributor.affiliationHu Wei, Helen, Department of Management and Marketing, University of Melbourne,
local.contributor.authoruidCui, Lin, u4175636
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.identifier.absfor150308 - International Business
local.identifier.absseo910402 - Management
local.identifier.ariespublicationu5034689xPUB57
local.identifier.citationvolume49
local.identifier.doi10.1016/j.jwb.2013.12.003
local.identifier.scopusID2-s2.0-84908054873
local.identifier.thomsonID000343358900004
local.type.statusPublished Version

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