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022 _a1948-0989
022 _a0001-4273
040 _aTBS
_bEN
_cTBS
041 _aeng
100 _aZhang, Yan
_qAnthea
_927028
_eauthor
245 _aFDI spillovers over time in an emerging market
_b: the roles of entry tenure and barriers to imitation
_c/ Yan “Anthea” Zhang, Yu Li, Haiyang Li.
260 _bAcademy of Management Journal,
_c2014
300 _a698-722 pages.
362 _aAcademy of Management journal, 2014-06, Vol.57 (3), p.698-722
520 _aIn this study, we examine how foreign direct investment (FDI) spillovers to domestic firms in an emerging market occur over time. From the organizational learning perspective, we propose that, as entry tenure of foreign firms in an industry increases, domestic firms can learn from the foreign firms over time and improve their productivity. We further build upon the competitor imitation argument to propose that this effect will be stronger when barriers to imitation faced by the domestic firms are lower. Based upon a comprehensive panel dataset on manufacturing firms in China in 1998-2007, our findings strongly support these arguments. We find that entry tenure of foreign firms in an industry has a positive relationship with the productivity of individual domestic firms in the same industry, albeit at a diminishing rate. We also find that this positive relationship is stronger when the foreign firms have lower export intensity, lower intangible asset intensity, and have followed a more rhythmic (i.e., less irregular) entry pattern—situations characterizing lower barriers to imitation.
630 0 _aMSc International Business
_926977
650 0 _aIndustrial productivity
_97574
650 0 _aBusiness enterprises
_97633
650 0 _aEmerging markets
_926991
650 0 _aIndustrial management
_920469
700 _aLi, Yu
_927030
_eauthor
700 _aLi, Haiyang
_927029
_eauthor
856 _uhttps://research-ebsco-com.hub.tbs-education.fr/c/q5dvh4/viewer/pdf/yb6kevstif
942 _2lcc
999 _c5236
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