Catalogue


Multinational firms in china [electronic resource] : entry strategies, competition, and firm performance /
Sea-Jin Chang.
edition
1st ed.
imprint
Oxford Oxford University Press, 2013.
description
x, 251 pages : illustrations ; 24 cm.
ISBN
0199687072, 9780199687077
format(s)
Book
More Details
imprint
Oxford Oxford University Press, 2013.
isbn
0199687072
9780199687077
standard identifier
60001859717
restrictions
Licensed for access by U. of T. users.
contents note
Contents note continued: Reducing State Control and Further Privatization -- Competition and Further Consolidation -- Wage Increase and Further Upgrading -- Chinese Firms' Outward FDI and Further Globalization of Competition -- Appendices -- 1.Annual Industrial Survey and Definition of Firm Ownership Types -- 2.Entry Mode Decision -- 3.Location Decision -- 4.Performance Implications of Conversion of Joint Ventures to Wholly Owned Subsidiaries -- 5.Privatization and Firm Performance -- 6.Calculating Productivity -- 7.Determinants of Foreign Firms' Market Share -- 8.Survival Analysis of Foreign and Local Firms -- 9.Profitability Analysis of Foreign and Local Firms -- 10.Income Shifting Practices in China.
Machine generated contents note: 1.Introduction -- Government Policies toward Foreign Multinationals -- Trends of Foreign Direct Investment -- Organizing Framework -- 2.Foreign Entry Strategies -- The Automobile Industry: A Case Study -- Entry Mode and Location Choices -- Post-Entry Strategies -- 3.Emergence of Local Competitors -- The Consumer Products Industry: A Case Study -- The Restructuring Process -- Privatization and Firm Performance -- Productive New Entrants -- Spillover from Foreign Multinationals to Local Firms -- 4.Competition Between and Among Foreign and Local Firms -- The Telecom Industry: A Case Study -- Industry Competitive Dynamics -- Intellectual Property Rights in China -- Emerging Winners from the Competition -- 5.Performance of Foreign Firms -- The Beer Industry: A Case Study -- Spillover, Competition, and Firm Survival -- Profitability of Foreign Firms and Income Shifting -- 6.Competing for the Future -- The Steel Industry: A Case Study --
catalogue key
9829431
 
Includes bibliographical references (pages 223-243) and index.
A Look Inside
Reviews
Review Quotes
"Professor Sea-Jin Chang's book is a must-read for scholars and analytically minded practitioners seeking deep insight into competition in the world's most hotly contested market: China. Multinational Firms in China seamlessly blends rigorous academic research with informative case studies, distilling the complex competitive dynamics that exist between local Chinese enterprises and Western multinational firms. As such, it provides an inspiring model for studying managerial and competitive practices from an ambicultural perspective."--Ming-Jer Chen, Leslie E. Grayson Professor of Business Administration, the Darden School, University of Virginia, and Fellow and Past President, the Academy of Management "Professor Sea-Jin Chang's book is a continuation of his stellar research on foreign direct investments in China. This book is data-driven and rich in empirical details and conceptual frameworks. The standard work on FDI in general and FDI in China in particular typically focuses on dynamics at the country, regional, or industry levels. Professor Chang's contribution is that he has marshaled impressive firm-level data that allowed him to examine FDI dynamics in far greater details than others have done. I recommend this book highly and enthusiastically."--Yasheng Huang, Professor of International Management, MIT Sloan School of Management "Sea-Jin Chang brings his masterful academic sleuthing and deep knowledge of East Asia to bear on a topic of great salience to academics, managers, and policymakers around the world, how competition in China has unfolded. Like India, China means different things to different people; it is complex enough to encompass many perspectives. Chang's embrace of the analytical challenge of dealing with this complexity, through statistical analyses and fieldwork, is what makes Chang's analysis relevant and riveting."--Tarun Khanna, author of Billions of Entrepreneurs and Winning in Emerging Markets
To find out how to look for other reviews, please see our guides to finding book reviews in the Sciences or Social Sciences and Humanities.
Summaries
Bowker Data Service Summary
Sea-Jin Chang examines how multinational firms grew their operations in China and how successful local firms emerged from the restructuring process, as well the competition between them, in the fierce marketplace of China's economic reform.
Long Description
As a consequence of aggressive competition, Chinese industries have become increasingly consolidated. While the extent to which emerging local firms can challenge well-established multinational firms varies by industry, there are common characteristics of 'winners' within each firm type. A handful of multinational and local firms emerged victorious by acquiring small, weak, and regional players to become truly national players. During this process, weaker multinational firms werecrowded out of the market by stronger multinationals as well as by emerging local powerhouses. The successful local firms that survive competition in China have global ambitions and venture into international markets, challenging foreign multinational firms in the global marketplace. This book examines how multinational firms grew their operations in China and how successful local firms emerged from the restructuring process, as well the competition between them, in the fierce marketplace of China's economic reform. While anecdotal evidence on this topic is widespread, there exists no comprehensive research. This book seeks to address this gap by rooting its discussion in the author's extensive and rigorous statistical analyses and detailed case studies across fiveindustries: consumer products, beer, telecom, automobile, and steel.
Main Description
As a consequence of aggressive competition, Chinese industries have become increasingly consolidated. While the extent to which emerging local firms can challenge well-established multinational firms varies by industry, there are common characteristics of 'winners' within each firm type. A handful of multinational and local firms emerged victorious by acquiring small, weak, and regional players to become truly national players. During this process, weaker multinational firms were crowded out of the market by stronger multinationals as well as by emerging local powerhouses. The successful local firms that survive competition in China have global ambitions and venture into international markets, challenging foreign multinational firms in the global marketplace. This book examines how multinational firms grew their operations in China and how successful local firms emerged from the restructuring process, as well the competition between them, in the fierce marketplace of China's economic reform. While anecdotal evidence on this topic is widespread, there exists no comprehensive research. This book seeks to address this gap by rooting its discussion in the author's extensive and rigorous statistical analyses and detailed case studies across five industries: consumer products, beer, telecom, automobile, and steel.
Main Description
As a consequence of aggressive competition, Chinese industries have become increasingly consolidated. While the extent to which emerging local firms can challenge well-established multinational firms varies by industry, there are common characteristics of "winners" within each firm type. Ahandful of multinational and local firms emerged victorious by acquiring small, weak, and regional players to become truly national players. During this process, weaker multinational firms were crowded out of the market by stronger multinationals as well as by emerging local powerhouses. Thesuccessful local firms that survive competition in China have global ambitions and venture into international markets, challenging foreign multinational firms in the global marketplace. This book examines how multinational firms grew their operations in China and how successful local firms emerged from the restructuring process, as well the competition between them, in the fierce marketplace of China's economic reform. While anecdotal evidence on this topic is widespread, thereexists no comprehensive research. This book seeks to address this gap by rooting its discussion in the author's extensive and rigorous statistical analyses and detailed case studies across five industries: consumer products, beer, telecom, automobile, and steel.

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