Institutional Change, Strategic Orientation and Dynamic Capabilities: A Multilevel Perspective on Chinese Outward FDI

Ming Hua Li

    Publikation: Bidrag til bog/antologi/rapportKonferenceabstrakt i proceedingsForskningpeer review


    The phenomenon of systematic institutional change in many developing countries can produce enduring transformations in the strategic orientation and organization of domestic firms. Such changes may impact the formation of their dynamic capabilities and adaptive learning which can translate into visible differences in their internationalization strategies and pathways. Using China as an illustrative example of a transitioning economy experiencing upsurges in outward FDI, this study develops a theoretical framework to explain how institutional transformation at various levels of government led to different configurations of firm resources and dynamic capabilities for central and local Chinese SOEs. Specifically, propositions from this framework explore how such
    unique variations in firm-level attributes may lead to differences in outward foreign investment behavior. Combining insights from several research streams including the resource-based view, institutional and organizational theory frameworks, as well as the dynamic capabilities perspective, we suggest that institutional change in China serves a formative role in the development of firm strategic orientation and dynamic capabilities leading to different internationalization patterns for central and local SOEs.
    TitelProceedings of the 54rd Annual Meeting of the Academy of International Business
    RedaktørerSusan Feinberg, Tunga Kiyak
    UdgivelsesstedEast Lansing, MI
    ForlagAcademy of International Business
    StatusUdgivet - 2012
    BegivenhedAIB 2012 Annual Meeting: Rethinking the Roles of Business, Government and NGOs in the Global Economy - George Washington University and University of Maryland, Washington, USA
    Varighed: 30 jun. 20123 jul. 2012
    Konferencens nummer: 54


    KonferenceAIB 2012 Annual Meeting
    LokationGeorge Washington University and University of Maryland
    NavnAcademy of International Business. Annual Meeting. Proceedings