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- W2374062010 abstract "This paper breaks through the traditional static analysis methods and firstly tests the influence of previous experience on the location choice of China's OFDI firms from dynamic and sequential perspective.Through the subdivision of previous experience by sources and the distinction of sequential investment into two situations,this paper adopts the conditional Logit model and uses the matched data of China's OFDI firms during 2000-2010 to make the empirical specification.The results indicate that on the one hand firms would rely on the previous experience from others to entry the sequential market and thisherd effectis more evident in the single investment firms;On the other hand,for the multiple investment firms,the effects of experience to the location choice in descending order is as follows:self-experience has far greater effects than the experience from others,the self-experience from the same market has greater effects than the self-experience from the similar markets,and the others'experience from the same industry also has greater effect than the experience from different industries." @default.
- W2374062010 created "2016-06-24" @default.
- W2374062010 creator A5089380102 @default.
- W2374062010 date "2015-01-01" @default.
- W2374062010 modified "2023-09-24" @default.
- W2374062010 title "IS PREVIOUS EXPERIENCE RELEVANT FOR LOCATION CHOICE OF SEQUENTIAL INVESTMENT——Evidence from China's Industrial Enterprises" @default.
- W2374062010 hasPublicationYear "2015" @default.
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