Whose Fall and Whose Rise?: Lessons of Japanese MNCs for Chinese and Emerging Economy MNCs

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Abstract

There are limited studies evaluating multinational corporations (MNCs) from different countries, and a comparison of the leading Asia Pacific economies, Japan and China, offers useful insights. This contribution considers in turn business strategies, firm-level capabilities, management organization and government policies in determining the patterns and impact of Japanese MNCs and Chinese MNCs in host economies. It reveals the relevance of phases of internationalization on strategic intent, the cross-border transfer of capabilities, and the costs and benefits of parental firm control vs. subsidiary autonomy.
Original languageEnglish
Pages (from-to)534-566
Number of pages33
JournalAsia Pacific Business Review
Volume22
Issue number4
Early online date15 Apr 2016
DOIs
Publication statusPublished - 2016

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