The strategic decisions and success factors of the global integration-local responsiveness of Japanese MNCs in China |
| |
Authors: | Yunshi Mao Jiancheng Wang |
| |
Institution: | (1) School of Business, Sun Yat-sen University, Guangzhou, 510275, China |
| |
Abstract: | This article applies Foreign Direct Investment (FDI) theories to the strategic management analysis of the global integration-local
responsiveness of multinational corporations (MNCs) in China, from the perspective of company characteristics (ownership advantages
and internalization advantages) and environmental dynamics (locational factors) in order to analyze the success factors influencing
the sales activities of Japanese MNCs in China. Based on the analysis of a survey conducted on 230 Japanese parent companies
with investments in China, the empirical research findings include: Japanese MNCs in China favor global integration strategies;
the more significant the ownership advantages and internalization advantages are, the greater the global integration is; the
success factors of their operations in China due to global integration are present in manufacturing know-how, procurement
of parts and supplies, financial power, previous investment experience in China as well as sales networks and technologies;
locational advantages mainly lie in labor cost among other things; internalization factors do not have any significant correlation
with the success and performance of the subsidiary company.
Translated from Zhongguo Ruankexue 中国软科学 (China Soft Science), 2005, (3): 89–98 |
| |
Keywords: | Japanese MNCs global integration-local responsiveness ownership advantages locational factor internalization advantages |
本文献已被 万方数据 SpringerLink 等数据库收录! |
|