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How EMNEs choose location for strategic asset seeking in internationalization? Based on strategy tripod framework

机译:Emnes如何选择在国际化中寻求战略资产的位置?基于策略三脚架框架

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Purpose Based on the strategy tripod perspective, this study aims to address how emerging economy multinational enterprises (EMNEs) make a strategic decision of choosing a foreign location for their strategic asset seeking and under what mechanism EMNEs make foreign direct investment (FDI) location choice. Design/methodology/approach This paper first reviews the literature on strategy tripod and strategic asset seeking strategy of EMNEs. Then, six cases of Chinese multinational enterprises operating in manufacturing industry have been introduced, emphasizing on interactions within three dimensions of strategy tripod framework, namely, resource-based dimension, industry-based dimension and institution-based dimension. By triangulating with multiple sources of archival and interview data, this paper identified a conceptual model presenting location choice mechanisms. Findings Based on a comparative multi-case study, four mechanisms of EMNEs' location choice when seek strategic asset by FDI within a strategy tripod framework have been revealed. Specifically, EMNEs make their strategic decision of choosing a foreign location for their strategic asset seeking under mechanisms of seeking complementary resources based on industry characteristics; echoing with institutional dimension of home country when exploitation of resource; matching institutional dimension of host country when consider industry fitness; and institutional leveraging combined with understanding of resource and industry dimensions inside strategy tripod. Originality/value The findings shed novel insights into the mechanisms under which EMNEs choose their location for strategic asset-seeking FDI. It also broadens the strategy tripod framework by looking deeper into the characteristics of each dimension within a new research context of EMNEs' FDI location choice.
机译:目的是根据战略三脚架观点,这项研究旨在解决新兴经济跨国企业(EMNES)如何为寻求战略资产选择外国地理位置的战略决定,并根据鄂族机制制定外国直接投资(外国直接投资)地点选择。设计/方法/方法本文首先评论了策略三脚架和战略资产寻求Emnes战略的文献。然后,已经引入了六种在制造业经营的中国跨国企业,强调了战略三脚架框架三个方面的相互作用,即基于资源的维度,基于行业的维度和基于机构的维度。通过使用多种档案和面试数据来训练,本文确定了呈现位置选择机制的概念模型。基于比较多案例研究的调查结果,在战略策略中寻求战略资产时,艾美福尼斯定位选择的四种机制已经揭晓。具体而言,艾默斯在寻求基于行业特征的互补资源的机制下选择外国地理位置的战略决定;利用资源剥削时与祖国的制度维度相呼应;考虑行业健身时匹配东道国的机构维度;并充分利用对战略三脚架内部资源和行业维度的理解。原创性/价值调查结果揭示了新的洞察力,进入了Emnes选择了寻求战略资产的地理位置的机制。它还通过深入了解Emnes FDI位置选择的新研究背景下的每个维度的特征来扩大战略三脚架框架。

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