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Europeanisation Strategy of Chinese Companies: Its Perils and Promises

Author

Listed:
  • Filippov, Sergey

    (UNU-MERIT)

  • Saebi, Tina

    (UNU-MERIT)

Abstract

The magnitude of outward FDI from China over the recent years has been impressive. It is widely acknowledged that China's government plays an active role in encouraging its companies to go global and become multinational as they realise the value of outward FDI. The paper traces the development of China's outward direct investment policies and discusses the various motives of Chinese companies' internationalisation. More specifically, in this paper we look at the European continent as the emerging destination for Chinese outward direct investment and analyse the implication this trend has for European companies and governments.

Suggested Citation

  • Filippov, Sergey & Saebi, Tina, 2008. "Europeanisation Strategy of Chinese Companies: Its Perils and Promises," MERIT Working Papers 2008-055, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  • Handle: RePEc:unm:unumer:2008055
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    File URL: https://unu-merit.nl/publications/wppdf/2008/wp2008-055.pdf
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Françoise Hay & Christian Milelli, 2013. "The endless quest to strategic assets by Chinese firms through FDI:From Inward to Outward Flows," EconomiX Working Papers 2013-16, University of Paris Nanterre, EconomiX.
    2. Elias Carayannis & Vivienne Wang, 2012. "Competitiveness Model—A Double Diamond," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 3(3), pages 280-293, September.
    3. Christian Milelli & Françoise Hay, 2008. "Chinese and Indian firms’ entry into Europe: characteristics, impacts and policy implications," EconomiX Working Papers 2008-35, University of Paris Nanterre, EconomiX.
    4. Szalavetz, Andrea, 2009. "Feltörekvő transznacionális társaságok - a kínai példa a klasszikus elmélet tükrében [Ambitious transnational corporations - the example of China in the light of classical theory]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1125-1137.
    5. Zhang, Ying & Filippov, Sergey, 2009. "Internationalization of Chinese firms in Europe," MERIT Working Papers 2009-041, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    6. Filippov, Sergey, 2012. "European investment promotion agencies vis-à-vis multinational companies from emerging economies: Comparative analysis of BRIC investor targeting," MERIT Working Papers 2012-076, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    7. Fiorenza Belussi & Giulia Rudello & Maria Savarese, 2016. "The Internationalization Of Mnes From And To Brics Countries: The Case Of The Industrial Machinery Industry," "Marco Fanno" Working Papers 0205, Dipartimento di Scienze Economiche "Marco Fanno".

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    More about this item

    Keywords

    China; multinational companies; emerging economies; outward investment; public policy;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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