Publication Type
Journal Article
Version
publishedVersion
Publication Date
3-2021
Abstract
While it is widely recognised that an asset-augmenting rather than asset-exploiting strategy drives emerging multinationals' (EMNEs) internationalization, current research focuses on the motivations behind knowledge seeking FDI. What remains less clear is why latecomer firms can engage in learning in advanced countries. Conjoining the "Linkage-Leverage-Learning (LLL)" framework and knowledge seeking literature, this study shows how Chinese investment in the European Union reveals the preconditions for foreign knowledge sourcing. We follow a set-theoretic approach, utilizing fuzzy-set qualitative comparative analysis (fsQCA), to identify equifinal configurations of linkage and leverage conditions leading to high learning propensity of EMNEs. Our analysis extends the LLL framework and complements the recent debate on the theory of the EMNE. We develop propositions based on distinct constellations of learning antecedents.
Keywords
Linkage-leverage-learning (LLL);China;EU;Emerging multinationals;Fuzzy-set qualitative comparative analysis (fsQCA)
Discipline
Asian Studies | International Business | Strategic Management Policy
Research Areas
Strategy and Organisation
Publication
Asia Pacific Journal of Management
Volume
38
Issue
1
First Page
231
Last Page
257
ISSN
0217-4561
Identifier
10.1007/s10490-018-9605-9
Publisher
Springer
Citation
CHEN, Liang; LI, Yi; and FAN, Di.
Who are the most inclined to learn? Evidence from Chinese multinationals' internationalization in the European Union. (2021). Asia Pacific Journal of Management. 38, (1), 231-257.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/7213
Copyright Owner and License
Authors-CC-BY
Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.
Additional URL
https://doi.org/10.1007/s10490-018-9605-9
Included in
Asian Studies Commons, International Business Commons, Strategic Management Policy Commons