The Process of Internationalisation of PRC Multinationals

Choo-Sin Tseng

Chapter 7 in The Global Competitiveness of the Asian Firm, 1994, pp 121-128 from Palgrave Macmillan

Abstract: Abstract The objective of this paper is to examine the internationalisation process of PRC multinationals. This process relates to various stages through which a company may pass as it develops into foreign markets, normally beginning with (a) indirect/ad hoc exporting; moving on to (b) active exporting and/or licensing; and (c) active exporting, licensing and joint equity investment in foreign manufacturing; finally arriving at (d) scale multinational marketing and production (Franklin R. Root, 1987). A multinational is defined as a firm with an output of goods or services originating in more than one country (Casson, 1982; Buckley, 1989).

Keywords: Direct Foreign Investment; Joint Venture; Industrial Firm; Open Door Policy; Overseas Investment (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23423-3_7

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DOI: 10.1007/978-1-349-23423-3_7

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