The Role of Context in the Globalization of Chinese Firms

摘要: This paper argues that it is crucial to take account of both home and host country contexts in order adequately understand their implications for Chinese enterprises investing into foreign countries. calls an analysis sensitive contexts, takes how the institutions political systems those establish institutional resource capital needs overseas-investing firm. We discuss illustrate three different conjunctions characteristics, firm-level learning adaptation required light relevant capitals likely be available firms. The draws upon insights from resource-based, perspectives. While developed with specific reference China, we also suggest this form can applied more generally implementation outward direct investment any country.