Pioneering in China

Risks and benefits

Research output: Contribution to journalArticle

17 Citations (Scopus)

Abstract

Though overlooked in the literature, the timing of foreign direct investment is so important to the success of international expansion that global market leaders are often early movers. Today the opening up of emerging economies, most notably China, has presented many pre-emptive investment opportunities to the Western multinationals. However, early-mover benefits often accrue at the expense of high risks and costs. In an effort to address this issue, this study investigates the economic implications, illustrates the strategy formulation framework, provides national survey results based on the Chinese market, and presents managerial lessons for international executives active at present in China as well as future investors in emerging markets.

Original languageEnglish (US)
Pages (from-to)768-776
Number of pages9
JournalLong Range Planning
Volume30
Issue number5
StatePublished - 1997
Externally publishedYes

Fingerprint

China
market
foreign direct investment
direct investment
foreign investment
investor
leader
economy
present
costs
economics
cost
Pioneering
Strategy formulation
Emerging economies
Foreign direct investment
Expenses
Emerging markets
Global market
Investment opportunities

ASJC Scopus subject areas

  • Strategy and Management
  • Finance

Cite this

Pioneering in China : Risks and benefits. / Luo, Yadong.

In: Long Range Planning, Vol. 30, No. 5, 1997, p. 768-776.

Research output: Contribution to journalArticle

Luo, Yadong. / Pioneering in China : Risks and benefits. In: Long Range Planning. 1997 ; Vol. 30, No. 5. pp. 768-776.
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