Institutional action, institutional entrepreneurship, and China’s inward FDI policy: A co-evolution analysis

Yuanyuan Liu, Yilin Zhao and Xiaming Liu

International Business Review, 2025, vol. 34, issue 1

Abstract: This paper provides a co-evolution analysis of China’s inward FDI policy. In parallel with the widely used concepts of institutional entrepreneur/entrepreneurship, it proposes and applies the concepts of institutional actor/action in an emerging economy setting, underscoring the significance of institutional action/entrepreneurship in shaping the trajectory of China’s inward FDI policy evolution. We argue that the policy formulation process is not solely instigated by the Chinese government but rather represents a co-evolutionary dynamic process involving China’s inward FDI institutional framework and institutional action/entrepreneurship. We advance a comprehensive conceptual framework for prospective research endeavors.

Keywords: Institutional Actors/Entrepreneurs; Institutional Action/Entrepreneurship; China’s Inward FDI Institution; Co-evolution (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1016/j.ibusrev.2024.102342

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