文献类型：期刊文献

英文题名：Chinese Outward Foreign Direct Investment Performance: The Role of Learning

作者：Lyles, Marjorie[1,2];Li, Dan[1];Yan, Haifeng[3]

机构：[1]Indiana Univ, Kelley Sch Business, Bloomington, IN 47405 USA;[2]Univ Lancaster, Lancaster LA1 4YW, England;[3]E China Univ Sci & Technol, Sch Business, Shanghai 200237, Peoples R China

年份：2014

卷号：10

期号：3

起止页码：411

外文期刊名：MANAGEMENT AND ORGANIZATION REVIEW

收录：;WOS:【SSCI(收录号:WOS:000344871500008)】；

语种：英文

外文关键词：Chinese private firms; emerging economies; learning; outward foreign direct investment

摘要：We define the 'Chinese way' of internationalization as oriented toward experimental learning, in contrast to traditional internationalization models, such as the Uppsala model. Analyses of survey data of private Chinese firms that have made outward foreign direct investments (OFDI) show that only 50 percent follow the Uppsala model in which firms follow a staged approach. The other 50 percent follow more risky explorative OFDI approaches in which the firms learn on the ground experimentally from their OFDI. We further investigate how the founders' congenital learning, firms' inward international experience, potential absorptive capabilities, and motivations to learn, influence OFDI performance and how learning outcomes mediate these relationships. We show that the relationship between the firm's potential absorptive capacity and its OFDI performance is fully mediated by what the firm learned from the OFDI project. Also the firm's motivation to learn directly affects performance and is partially mediated by what the firm has learned.