Technological innovation as a source of Chinese multinationals’ firm-specific advantages and internationalization

He, S., Khan, Z., Lew, Y. K. and Fallon, G. (2018) Technological innovation as a source of Chinese multinationals’ firm-specific advantages and internationalization. International Journal of Emerging Markets. 1746-8809. (Accepted)

The files below are currently restricted to repository staff only.

They may be awaiting processing or under a publisher's embargo.

Items under embargo will be available for download from the date noted.

Untitled (950kB)

Item Type:	Article
Abstract:	This paper examines how innovation-related firm-specific ownership advantage (FSA) plays a role in developing the competitive advantage of Chinese multinationals when they internationalize. Based on a review of the existing literature concerning foreign direct investment by emerging economy multinational enterprises (EMNEs), we identify that numerous studies explain this phenomenon on the basis of their location-bound country specific advantages. However, such views do not fully explain the key underlying factors behind the rapid rise and success of many EMNEs as these firms rapidly internationalize and develop global competitiveness in developed markets. The current research explores three leading innovative Chinese EMNEs from the engineering sector: BYD, Sany Heavy Industry and CSR China. We find that their knowledge, and particularly their innovation-creating technological knowledge has contributed greatly to their successful internationalization. The illustrative cases show that the three firms have now moved beyond the infant to the mature stage of EMNE development through developing their technological knowledge in order to realize firm-specific advantage (FSA) through internationalization. This study helps in contributing fresh reflections to the continuing debate concerning the causes of internationalization and global competitive development by EMNEs and the role of their FSAs in these processes.
Uncontrolled Keywords:	Emerging market multinational enterprises, innovation capability, firm specific advantages, internationalization, knowledge, China
Subjects:	H Social Sciences > HF Commerce > HF1379 International commerce H Social Sciences > HD Industries. Land use. Labor > HD45 Technological innovations. Automation
Creators:	He, Shaowei, Khan, Zaheer, Lew, Yong Kyu and Fallon, Grahame
Publisher:	Emerald
Faculties, Divisions and Institutes:	University Faculties, Divisions and Research Centres - OLD > Faculty of Business & Law > Business University Faculties, Divisions and Research Centres - OLD > Research Centre > China and Emerging Economies Centre Research Centres > China and Emerging Economies Centre Faculties > Faculty of Business & Law > International Strategy & Business
Date:	14 May 2018
Date Type:	Acceptance
Journal or Publication Title:	International Journal of Emerging Markets
Language:	English
ISSN:	1746-8809
Status:	Accepted
Refereed:	Yes
URI:	http://nectar.northampton.ac.uk/id/eprint/10353

Actions (login required)

Edit Item

Altmetric