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管理workshop:Coping with Social Capital Investment by Local Firms:The Strategies of MNEs in China
发布日期:2017-11-16 03:30 来源:大陆成人直播-成人直播中文
Time: November 16th, 2017 (Thursday) 12:30 -14:00
Location: Wanzhong Building(万众小教室), National School of Development, Peking U.
Speaker: Zhenzhen Xie, Assistant professor in the School of Economics and Management, Tsinghua University.
Abstract
Firms compete with each other with not only market-based competitiveness (e.g. technology, brand, scale, etc.) but also social based ones. In emerging markets where multinational enterprises (MNEs) typically carry superior market-based competitiveness, local firms may leverage their institutional embeddedness and invest in social capital to fight back. Taking a competitive rivalry perspective, we argue that social capital investment by local firms may effectively hurt MNEs’ performance, especially when the resource profiles between local firms and MNEs are similar. MNEs may cope with such competition based on social capital either by further differentiating their market-based competitiveness or by offsetting their disadvantages and investing in social capital in host markets. An empirical study based on four-year panel data of 29,789 foreign-invested firms in China delivered support to above arguments.
Bio
Zhenzhen Xie is an assistant professor in the Department of Innovation, Entrepreneurship and Strategy in the School of Economics and Management, Tsinghua University. She received her Ph.D. in management of organization from the Hong Kong University of Science & Technology. Her research interests include the cross-border mergers and acquisitions conducted by multinational corporations from emerging economies, the research and development strategies of multinational corporations in emerging economies, and the impact of internationalization on the innovativeness of indigenous firms, corporate governance. Her research has appeared in Asia Pacific Journal of Management, Journal of International Business Studies, Management International Review, Journal of International Management and European Management Review.
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