Foreign Direct Investment, China and the World Economy
Contents
Notes on Contributors vii
Foreword by Professor Klaus Macharzina ix
1 Introduction 1
Peter J. Buckley
Section I Theory 5
2 Regaining the Edge for International Business Research 7
Peter J. Buckley and Donald R. Lessard
3 Stephen Hymer: Three Phases, One Approach? 14
Peter J. Buckley
4 Firm Configuration and Internationalisation: A Model 25
Peter J. Buckley and Niron Hashai
5 Edith Penrose’s Theory of the Growth of the Firm and 53
the Strategic Management of Multinational Enterprises
Peter J. Buckley and Mark Casson
Section II Chinese Outward Foreign Direct 79
Investment
6 The Determinants of Chinese Outward Foreign 81
Direct Investment
Peter J. Buckley, Jeremy Clegg, Adam Cross, Xin Liu,
Hinrich Voss and Ping Zheng
7 Historic and Emergent Trends in Chinese Outward 119
Direct Investment
Peter J. Buckley, Adam Cross, Hui Tan, Xin Liu and
Hinrich Voss
Section III Foreign Direct Investment in China 163
8 Cultural Awareness in Knowledge Transfer to 165
China – The Role of Guanxi and Mianzi
Peter J. Buckley, Jeremy Clegg and Hui Tan
9 Is the Relationship between Inward FDI and Spillover 192
Effects Linear? An Empirical Examination of the Case
of China
Peter J. Buckley, Jeremy Clegg and Chengqi Wang
10 Inward FDI and Host Country Productivity: 216
Evidence from China’s Electronics Industry
Peter J. Buckley, Jeremy Clegg and Chengqi Wang
11 China’s Inward Foreign Direct Investment Success: 239
Southeast Asia in the Shadow of the Dragon
Peter J. Buckley, Jeremy Clegg, Adam Cross and Hui Tan
12 The Impact of Inward Foreign Direct Investment on the 270
Nature and Intensity of Chinese Manufacturing Exports
Chengqi Wang, Peter J. Buckley, Jeremy Clegg and
Mario Kafouros
13 The Impact of Foreign Direct Investment on the 284
Productivity of China’s Automotive Industry
Peter J. Buckley, Jeremy Clegg, Ping Zheng, Pamela A. Siler
and Gianluigi Giorgioni
14 The Impact of Foreign Ownership, Local Ownership 305
and Industry Characteristics on Spillover Benefits
from Foreign Direct Investment in China
Peter J. Buckley, Chengqi Wang and Jeremy Clegg
15 Organisation and Action in a Chinese State-owned 327
Service Intermediary: The Case of Sinotrans
Peter J. Buckley, Jeremy Clegg and Hui Tan
Section IV Foreign Direct Investment and Policy 363
16 Foreign Direct Investment in Ireland: Policy Implications 365
for Emerging Economies
Peter J. Buckley and Frances Ruane
17 A Simple and Flexible Dynamic Approach to Foreign 386
Direct Investment Growth: The Canada–United States
Relationship in the Context of Free Trade
Peter J. Buckley, Jeremy Clegg, Nicolas Forsans
and Kevin T. Reilly
Index 419