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Entry strategies into China: The choice between Joint Ventures and Wholly Foreign-Owned Enterprises: An application to the Italian manufacturing sector
Authors:Maria Elena Bontempi  Giorgio Prodi
Affiliation:1. Department of Management, University of Paderborn, Warburger Straße 100, 33098 Paderborn, Germany;2. Department of Management, University of Wisconsin – Whitewater, 800 West Main Street, Whitewater, WI 53190, USA;1. Economic Research Unit, Indian Statistical Institute, 203 B. T. Road, Kolkata 700108, India;2. Visva-Bharati University, India;1. University of Nottingham and GEP, UK;2. Aston University, UK;3. Kiel Institute for the World Economy; University of Kiel; The Tuborg Research Centre for Globalisation and Firms at University of Aarhus, Kielline 66, D-24105, Kiel, Germany
Abstract:We investigate the entry choice between Joint Ventures and Wholly Foreign-Owned Enterprises in the Chinese market. The analysis is based on Italian firms, thus allowing to evaluate the behaviour of also small-medium sized companies — usually less focused on by the literature on entry modes. The data, mainly from a questionnaire, supply detailed enterprise-level information and make possible to properly measure and evaluate the impact on entry modes of several variables such as innovation, internationalization, and, new in the empirical literature on this issue, corporate capital structure.
Keywords:
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