Who are the most inclined to learn? Evidence from Chinese multinationals’ internationalization in the European Union

Liang Chen (), Yi Li () and Di Fan ()
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Liang Chen: University of Melbourne
Yi Li: University of Sydney
Di Fan: University of Western Australia

Asia Pacific Journal of Management, 2021, vol. 38, issue 1, No 10, 257 pages

Abstract: Abstract While it is widely recognised that an asset-augmenting rather than asset-exploiting strategy drives emerging multinationals’ (EMNEs) internationalization, current research focuses on the motivations behind knowledge seeking FDI. What remains less clear is why latecomer firms can engage in learning in advanced countries. Conjoining the “Linkage-Leverage-Learning (LLL)” framework and knowledge seeking literature, this study shows how Chinese investment in the European Union reveals the preconditions for foreign knowledge sourcing. We follow a set-theoretic approach, utilizing fuzzy-set qualitative comparative analysis (fsQCA), to identify equifinal configurations of linkage and leverage conditions leading to high learning propensity of EMNEs. Our analysis extends the LLL framework and complements the recent debate on the theory of the EMNE. We develop propositions based on distinct constellations of learning antecedents.

Keywords: Linkage-leverage-learning (LLL); China; EU; Emerging multinationals; Fuzzy-set qualitative comparative analysis (fsQCA) (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (11)

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DOI: 10.1007/s10490-018-9605-9

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