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The strategy of multinational enterprises in the light of the rise of China

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  • Buckley, Peter J.

Abstract

This paper examines the strategy of multinational enterprises in the global economy with particular emphasis on their strategies in and about China. It outlines the rise of globally distributed manufacturing, services and marketing under the control of a focal firm ("the global factory") and applies this analytical framework to strategies in China. The paper outlines the constraints on future growth in China and the interacting effects of these constraints with the strategies of foreign firms.

Suggested Citation

  • Buckley, Peter J., 2007. "The strategy of multinational enterprises in the light of the rise of China," Scandinavian Journal of Management, Elsevier, vol. 23(2), pages 107-126, June.
    • Handle: RePEc:eee:scaman:v:23:y:2007:i:2:p:107-126
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    Citations

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    Cited by:

    1. Zhou, Jing & Latorre, María C., 2015. "FDI in China and global production networks: Assessing the role of and impact on big world players (East Asia, Japan, EU28 and U.S.)," MPRA Paper 62297, University Library of Munich, Germany.
    2. Yu, Pei & Cai, Zhengfang & Sun, Yongping, 2021. "Does the emissions trading system in developing countries accelerate carbon leakage through OFDI? Evidence from China," Energy Economics, Elsevier, vol. 101(C).
    3. Bent Petersen & Lawrence S. Welch & Gabriel R. G. Benito, 2010. "Managing the Internalisation Process," Management International Review, Springer, vol. 50(2), pages 137-154, April.
    4. Eriksson, Taina & Nummela, Niina & Saarenketo, Sami, 2014. "Dynamic capability in a small global factory," International Business Review, Elsevier, vol. 23(1), pages 169-180.
    5. Athreye, Suma & Saeed, Abubakr & Saad Baloch, Muhammad, 2023. "The survival of outward investments from China and India: Is there a North-South divide?," Journal of Business Research, Elsevier, vol. 154(C).
    6. Allen, Matthew M.C. & Demirbag, Mehmet & Allen, Maria L. & Bhankaraully, Shabneez & Wood, Geoff, 2024. "Multinational enterprises' R&D commitments in Chinese provinces: A configurational approach," Journal of International Management, Elsevier, vol. 30(4).
    7. Panibratov, A. & Ermolaeva, L., 2015. "Outward investments from China and Russia: Macroeconomic and institutional perspective," Working Papers 6432, Graduate School of Management, St. Petersburg State University.
    8. Amol Gore & Pekka Kess, 2014. "Treading the Risks in International Management," International Journal of Management, Knowledge and Learning, International School for Social and Business Studies, Celje, Slovenia, vol. 3(1), pages 125-141.
    9. Hannibal, Martin & Knight, Gary, 2018. "Additive manufacturing and the global factory: Disruptive technologies and the location of international business," International Business Review, Elsevier, vol. 27(6), pages 1116-1127.
    10. Wang, Yong & Yao, Xiaotao & Li, Kaige, 2022. "Imitation and rapid internationalization of emerging market firms," Journal of World Business, Elsevier, vol. 57(6).
    11. Kotler, Philip & Manrai, Lalita A. & Lascu, Dana-Nicoleta & Manrai, Ajay K., 2019. "Influence of country and company characteristics on international business decisions: A review, conceptual model, and propositions," International Business Review, Elsevier, vol. 28(3), pages 482-498.
    12. Christos N. Pitelis & David J. Teece, 2018. "The New MNE: ‘Orchestration’ Theory as Envelope of ‘Internalisation’ Theory," Management International Review, Springer, vol. 58(4), pages 523-539, August.
    13. Peter J. Buckley, 2018. "Towards a theoretically-based global foreign direct investment policy regime," Journal of International Business Policy, Palgrave Macmillan, vol. 1(3), pages 184-207, December.
    14. Peter J. Buckley, 2018. "Internalisation Theory and Outward Direct Investment by Emerging Market Multinationals," Management International Review, Springer, vol. 58(2), pages 195-224, April.
    15. Wang, Yong & Li, Kaige & Zhu, Yunxia & Chen, Jiawen, 2023. "Imitation, performance feedback, and outward foreign direct investments by emerging market firms," International Business Review, Elsevier, vol. 32(4).
    16. Hashai, Niron, 2009. "Knowledge transfer considerations and the future of the internalization hypothesis," International Business Review, Elsevier, vol. 18(3), pages 257-264, June.
    17. Chebolu-Subramanian, Vijaya & Gaukler, Gary M., 2015. "Product contamination in a multi-stage food supply chain," European Journal of Operational Research, Elsevier, vol. 244(1), pages 164-175.
    18. Buckley, Peter J., 2009. "Internalisation thinking: From the multinational enterprise to the global factory," International Business Review, Elsevier, vol. 18(3), pages 224-235, June.

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