China’s foreign acquisitions challenge international business theories and practice

Project: Research

Description

The project was led and investigated by me, and sponsored by BRIEF award of Brunel University. It presents a strategic intent perspective (SIP) to analyze the recently surging foreign acquisitions made by Chinese firms. It suggests that Chinese firms strategically use cross border acquisitions to achieve goals, such as acquiring strategic capabilities to offset their competitive disadvantages and leveraging their unique ownership advantages, while making use of institutional incentives and minimizing institutional constraints. The SIP is supported by the evidence from three firms that we studied, where dozens of interviews were conducted, including the one with Mr. Liu Chuanzhi, the founder of Lenovo. This study contributes to extant international business theories by incorporating the SIP to examine internationalization strategies of firms from developing countries. This project has resulted in two journal papers, four conference proceeding submissions, and three external applications to the British Academy, ESRC and DFID.
StatusFinished
Effective start/end date1/08/051/08/06

ID: 21703743