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- W2204637384 endingPage "537" @default.
- W2204637384 startingPage "537" @default.
- W2204637384 abstract "Drawing on the Penrosean theory of the growth of the firm, this paper develops a balancing-process approach to explain the motivations and location choices of Foreign Direct Investment (FDI). In this approach, FDI is viewed as a means to balance a firm's portfolio of resources and capabilities through utilising resources and capabilities available in international markets with the ultimate goal of achieving fast and sustainable growth. Based on the Chinese yin-yang perspective, this approach joins exploitative and explorative FDI as a dynamic unity and explains how exploitation and exploration jointly drive a firm's motivation and location choice of internationalisation. Our balancing-process approach joins historically independent streams of research in a single framework and uncovers a new and more fundamental mechanism that drives FDI: the need to address resource constraints." @default.
- W2204637384 created "2016-06-24" @default.
- W2204637384 creator A5012467332 @default.
- W2204637384 creator A5034892664 @default.
- W2204637384 creator A5038625602 @default.
- W2204637384 date "2015-01-01" @default.
- W2204637384 modified "2023-09-26" @default.
- W2204637384 title "Re-conceptualising exploitative and explorative FDI: a balancing-process approach to firm internationalisation" @default.
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