Globalization of Chinese Enterprises

ILAN ALON is the Petters Chair of International Business and Executive Director of Rollins China Center, Rollins College, Winter Park, Florida, USA. He is the author, editor, and co-editor of twenty books and over one hundred published articles, chapters, and conference papers. His three recent books on China include Chinese Culture, Organizational Behavior and International Business Management (Greenwood, 2003), Chinese Economic Transition and International Marketing Strategy (Greenwood, 2003), and Business and Management Education in China: Transition, Pedagogy and Training<

'Coinciding with the first major outflow of Chinese capital since reforms began, Globalization of Chinese Enterprises is a timely contribution to our understanding of the strategies of these emerging multinationals. Some companies, such as Huawei, already earn more than half of their revenues abroad, and others are close behind. Chinese capital is clearly joining the international market and shaping business environments around the world. This volume represents the frontiers of research on this important topic.' - Dr. Penelope B. Prime, Director, China Research Center, Mercer University, USA 'Globalization of Chinese Enterprises is a timely book that has both theoretical and empirical value. This book helps researchers to get a better picture of the 'rich' China, in terms both of capital and people. Also, I recommend this book to those who are interested in learning how Chinese firms leverage their resources to overcome the disadvantages such as lack of international experiences, brand names, and qualified managers, to mention just a few. The book builds on the scant existing literature of Chinese outward FDI and expands our understanding of the internationalization of Chinese firms. Not only international business scholars, but also China scholars and managers will benefit from reading the book.' - Verner Worm, The Copenhagen Journal of Asian Studies 'It provides valuable information about the globalisation of Chinese enterprises and is a worthy addition to your reading list.' - David Lamond, Chinese Management Studies 'This book is one of the first academic contributions analysing the factors pushing Chinese firms to internationalise their activities... The Chinese contributions are welcome for their ability to conceptualise internationalisation in terms of contemporary Chinese managerial thinking, often through the use of picturesque formulas ('dancing with wolves')...Through these diverse contributions, the book provides a better grasp of the dynamics unfolding at a critical phase of China's economic growth.' - Xavier Richet, French Centre for Research on Contemporary China

• INTRODUCTION PART ONE: RESOURCES AND OUTWARD FDI Resources, Capability, and Outbound FDI from Chinese Companies; P. Deng Knowledge Acquisition and Learning Strategies in Globalization of China's Enterprises; F. Tang, X. Gao, and Q. Li Performance Strategies for the Globalizing Chinese Business Enterprise: Resource and Capabilities-Based Insights from a Three-Level Strategic Fit Model; I. Alon, T. T. Herbert, and J. M. Munoz PART TWO: INSTITUTIONAL CONSIDERATIONS Growth of Made-in-China Multinationals: An Institutional and Historical Perspective; X. Yang and C. Stoltenberg Competing on Scale or Scope? Lessons from Chinese Firm's Internationalization; M. Peng, L. Sun, and W. Tan Aligning Strategies with Institutional Influences for Internationalization: Evidences from a Chinese SOE; L. Teck Hui and Q. Kia Fatt PART THREE: CASE STUDIES The Chinese Automobile Industry is Driving West; M.Fetscherin& M.Sardy Huawei Technologies: The US Challenge; M.Simmons Tsingtao Beer in the United States; S.Baohong, Q.Yongzhong& Z.Hao Internationalization of Wuliangye Distillery: China's Leading Manufacturer and Seller of Spirits and Wine; J. Gilbert PART FOUR: REGIONAL IMPLICATIONS Vietnam, Flying Geese, and the Globalization of China; T. Lairson Paths to Globalization: The Korean Chaebol and Chinese State-Owned Enterprises; J. Johnson Domestic Inter-Firm Networks and the Internationalization: A Cross-Industry Study of Taiwanese SMEs; T. C. Lawton and K. Linz The Globalization of Northeast China's MNCs: A Study of the Electronics Industry; J. Kurihara CONCLUSION