How Does Inward FDI Hinder or Promote Outward FDI？ Three Cases of Chinese Automotive Industry  

作　　者：Xiaobai Ma Changqi Wu Lin Zhang 

机构地区：[1]Guanghua School of Management, Peking University, Beijing 100871, China

出　　处：《Frontiers of Business Research in China》2015年第2期268-292,共25页中国高等学校学术文摘·工商管理研究（英文版）

基　　金：The authors acknowledge the financial support from National Science Foundation of China＇s key project ＂Foreign Direct Investment and Overseas M＆As Strategy of Chinese Firms＂ （No. 71132002）.

摘　　要：In this paper we investigate the mechanisms underlying dynamic linkages between inward FDI and outward internationalization in the Chinese automotive industry. While several studies have examined the relationship between inward and outward FDI using empirical data, this is among the first to employ a case study approach to investigate how international joint ventures （IJVs） established between foreign and Chinese automakers can shape their internationalization motivation, degree, and speed. We discuss some unique features of Chinese carmakers with and without IJVs to elucidate how firms without IJVs will be more driven to expand internationally while firms with IJVs face constraints in venturing abroad.In this paper we investigate the mechanisms underlying dynamic linkages between inward FDI and outward internationalization in the Chinese automotive industry. While several studies have examined the relationship between inward and outward FDI using empirical data, this is among the first to employ a case study approach to investigate how international joint ventures （IJVs） established between foreign and Chinese automakers can shape their internationalization motivation, degree, and speed. We discuss some unique features of Chinese carmakers with and without IJVs to elucidate how firms without IJVs will be more driven to expand internationally while firms with IJVs face constraints in venturing abroad.

关 键 词：inward and outward FDI international joint ventures emergingmarket multinationals China case approach automotive industry 

分 类 号：F832.6[经济管理—金融学] F832.48