Journal article

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

Liang Chen, Yi Li, Di Fan

Asia Pacific Journal of Management | Springer (part of Springer Nature) | Published : 2021


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 condit..

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University of Melbourne Researchers