Publication
Title
The internationalization of Chinese industries : overseas acquisition activity in Chinese mining and manufacturing industries
Author
Abstract
This study examines how industrial characteristics at home affect Chinese overseas acquisition activities from an industry-level resource-based view. Analyzing data on 512 Chinese overseas acquisition deals across 36 industries in 60 countries over 20032008, we find that: (1) firms in industries with higher levels of technology intensity are more likely to acquire foreign firms, while firms in labor-intensive industries are more likely to stay at home; and (2) the relationship between technology gap and international acquisition activity is hill-shaped. This implies that overseas acquisition is particularly attractive for developing Asian firms in industries with high technology intensity, and a medium-sized technology gap is essential for identifying potential targets.
Language
English
Source (journal)
Asian Business & Management
Publication
2014
ISSN
1472-4782
Volume/pages
13:2(2014), p. 89-116
ISI
000334347100001
Full text (Publisher's DOI)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
External links
Web of Science
Record
Identification
Creation 04.09.2015
Last edited 05.08.2017