The Key Factors of Successful Foreign Direct Investment (FDI) in China
2
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
Purpose: China's economy has changed considerably in recent decades. By delivering a comprehensive knowledge of the elements that support successful foreign direct investment (FDI) in China and practical insights for multinational firms operating in this dynamic environment, this research offers a new perspective and sets itself apart from previous studies. Research design, data and methodology: It is necessary to give a thorough overview of the body of information on successful FDI in China, which justifies the adoption of a systematic literature review. The study may use a wide range of studies because of this methodology, which guarantees that inferences have a solid and supported basis in data. Results: The findings in the present study have clarified how China's government policies and regulatory framework affect foreign direct investment (FDI). Previous studies have indicated that regulatory changes can significantly impact FDI. For instance, more foreign direct investment (FDI) has been drawn to liberalized industries such as technology and finance. Conclusions: In conclusion, for foreign direct investment (FDI) to be successful in China, it is essential to consider these four factors: local partnerships and cultural adaptation, market research and entry strategy, regulatory environment and policy support, and risk management and contingency planning.
Abstract
Purpose: China's economy has changed considerably in recent decades. By delivering a comprehensive knowledge of the elements that support successful foreign direct investment (FDI) in China and practical insights for multinational firms operating in this dynamic environment, this research offers a new perspective and sets itself apart from previous studies. Research design, data and methodology: It is necessary to give a thorough overview of the body of information on successful FDI in China, which justifies the adoption of a systematic literature review. The study may use a wide range of studies because of this methodology, which guarantees that inferences have a solid and supported basis in data. Results: The findings in the present study have clarified how China's government policies and regulatory framework affect foreign direct investment (FDI). Previous studies have indicated that regulatory changes can significantly impact FDI. For instance, more foreign direct investment (FDI) has been drawn to liberalized industries such as technology and finance. Conclusions: In conclusion, for foreign direct investment (FDI) to be successful in China, it is essential to consider these four factors: local partnerships and cultural adaptation, market research and entry strategy, regulatory environment and policy support, and risk management and contingency planning.
참고문헌 (43)
- Amiti, M., "How did China’s WTO entry affect U.S. prices?", Journal of International Economics, 126, pp.103339~ (2020)
- Selçuk, A. A., "A guide for systematic reviews : PRISMA", Turkish archives of otorhinolaryngology, 57(1), pp.57~58 (2019)
- Berger, R., "Towards an emic model of business culture", Competitiveness Review : An International Business Journal, 33(6), pp.1161~1178 (2023)
- Capone, G., "Catch-up and the entry strategies of latecomers: Chinese firms in the mobile phone sector", Industrial and Corporate Change, 30(1), pp.189~213 (2021)
- Chemsripong, S., "A conceptual framework of the entry mode choices’ determinants : the ownership-location-internalisation approach", International Journal of Economics and Business Research, 25(3), pp.330~346 (2023)
- Charpin, R., "The influence of perceived host country political risk on foreign subunits' supplier development strategies", Journal of Operations Management, 67(3), pp.329~359 (2021)
- Da Cruz, C. B. B., "The OLI Paradigm as a comprehensive model of FDI determinants : a sub-national approach", International Journal of Emerging Markets, 17(1), pp.145~176 (2020)
- Dinh, T. T., "Foreign Direct Investment and Economic Growth in the Short Run and Long Run: Empirical Evidence from Developing Countries", Journal of Risk and Financial Management, 12(4), pp.176~ (2019)
- Haudi, H., "Analysis of most influential factors to attract foreign direct investment", Journal of Critical Reviews, 7(13), pp.2020~ (2020)
- Feng, Y., "Diversification and financialization of non-financial corporations : Evidence from China", Emerging Markets Review, 50, pp.100834~ (2022)
- He, C., "Entrepreneurship in China", Small Business Economics, 52(3), pp.563~572 (2018)
- Ji-Yao, J., "Positive mechanism of foreign direct investment enterprises on China’s environment : Analysis of host country regulation and parent company management", Journal of Cleaner Production, 227, pp.207~217 (2019)
- Kang, E., "Qualitative Literature Approach: The Historical Driving Forces in the South Korean Economic Growth1", The Journal of Koreanology Reviews, 1(1), pp.27~31 (2022)
- Kang, H., "When Does Foreign Direct Investment Lead to Inclusive Growth", The World Economy, 45(8), pp.2394~2427 (2021)
- Khan, H. A., "Polarization and the middle class in China: A non-parametric evaluation using CHNS and CHIP data", Structural Change and Economic Dynamics, 57, pp.251~264 (2021)
- Khalid, A. M., "Do channels of financial integration matter for FDI’s impact on growth? Empirical evidence using a panel", Applied Economics, 51(37), pp.4025~4045 (2019)
- King, T., "Investment, leverage and political risk: Evidence from project-level FDI", Journal of Corporate Finance, 67, pp.101873~ (2021)
- Kołodko, G. W., "Economics and Politics of the Great Change : Mikhail Gorbachev versus Deng Xiaoping", Kwartalnik Nauk O PrzedsięBiorstwie, 58(1), pp.5~15 (2021)
- Kottaridi, C., "Escapism FDI from developed economies : The role of regulatory context and corporate taxation", International Business Review, 28(1), pp.36~47 (2019)
- Kraus, S., "The art of crafting a systematic literature review in entrepreneurship research", International Entrepreneurship and Management Journal, 16(3), pp.1023~1042 (2020)
- Li, D., "Social environment and healthy investment behavior : joint influence of culture and institution on China", International Journal of Environmental Research and Public Health, 19(1), pp.607~ (2022)
- Report on the Innovation and Development of the Special Economic Zones in China, In Annual Report on the Development of China’s Special Economic Zones (2019), "Lin, X.", Springer Nature Singapore, 83~108 (2022)
- Lin-Jing, D., "Cultural risk and management strategy for Chinese enterprises’ overseas investment", China Economic Review, 61, pp.101433~ (2020)
- Lu, Y., "Place-Based Policies, Creation, and Agglomeration Economies : Evidence from China’s Economic Zone Program", American Economic Journal : Economic Policy, 11(3), pp.325~360 (2019)
- Ma, Q., "Have China’s pilot free trade zones improved green total factor productivity", International Journal of Environmental Research and Public Health, 18(21), pp.11681~ (2021)
- Marjanović, D., "Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization", pp.96~116 (2021), IGI Global
- Mengist, W., "Method for conducting systematic literature review and meta-analysis for environmental science research", MethodsX, 7, pp.100777~ (2020)
- Morrison, W. M., "China's economic rise : History, trends, challenges, and implications for the United States", Current Politics and Economics of Northern and Western Asia, 28(2-3), pp.189~242 (2019)
- Phouthakannha NANTHARATH, "The Effects of Foreign Direct Investment and Economic Absorptive Capabilities on the Economic Growth of the Lao People’s Democratic Republic", The Journal of Asian Finance, Economics and Business, 6(3), pp.151~162 (2019), 한국유통과학회
- Nantharath, P., "Fiscal decentralization and economic growth in Thailand : A cross-region analysis", International Journal of Financial Research, 11(1), pp.147~156 (2020)
- Nantharath, P., "Sustainable Development And Financial Inclusion In Sub-Saharan Africa : Empirical Evidence From Panel Vector Error Correction Model(Vecm)", Journal of Namibian Studies : History Politics Culture, 36(S), pp.846~868 (2023)
- Paul, J., "Five decades of research on foreign direct investment by MNEs : An overview and research agenda", Journal of Business Research, 124, pp.800~812 (2021)
- Parfenov, A., "Transformation of distribution logistics management in the digitalization of the economy", Journal of Open Innovation: Technology, Market, and Complexity, 7(1), pp.58~ (2021)
- Sindze, P., "FDI and economic growth in the central african economic and monetary community(CEMAC)Countries : An analysis of seven economic indicators", International Journal of Financial Research, 12(1), pp.1~11 (2021)
- Tomaszewski, L. E., "Planning qualitative research : Design and decision making for new researchers", International Journal of Qualitative Methods, 19, pp.1609406920967174~ (2020)
- Wagner, C., "Deducing a state-of-the-art presentation of the Eclectic Paradigm from four decades of development : a systematic literature review", Management Review Quarterly, 70(1), pp.51~96 (2019)
- Wei, Z., "Local responsiveness strategy of foreign subsidiaries of Chinese multinationals : The impacts of relational-assets, market-seeking FDI, and host country institutional environments", Asia Pacific Journal of Management, 37(3), pp.661~692 (2019)
- Woo, E. J., "Environmental issues as an indispensable aspect of sustainable leadership", Sustainability, 12(17), pp.7014~ (2020)
- Yang, Z., "China’s Investment in African Ports : Spatial Distribution, Entry Modes and Investor Profile", Research in Transportation Business & Management, 37, pp.100571~ (2020)
- Yin, T., "Assessing the effects of policies on China’s outward foreign direct investment", International Business Review, 30(5), pp.101818~ (2021)
- Yu, L., "Dependences and volatility spillovers between the oil and stock markets : New evidence from the copula and VAR-BEKK-GARCH models", International Review of Financial Analysis, 68, pp.101280~ (2020)
- Zhang, S., "Why did they get in trouble? The influence of firm characteristics and institutional distance on Chinese firms’ foreign market entry attempt", Frontiers in Psychology, 13, pp.972384~ (2022)
- Zheng, Y., "Foreign direct investment in China", Handbook on the International Political Economy of China, 8(9), pp.61~75 (2019)
