近年来,以中国为代表的新兴经济体对外直接投资(Outward Foreign Direct Investment,OFDI)规模显著提升,为全球经济增长注入了强大而持续的动力。在此过程中,华侨华人网络的影响作用日益凸显。基于社会网络和战略匹配理论,考察华侨华人...近年来,以中国为代表的新兴经济体对外直接投资(Outward Foreign Direct Investment,OFDI)规模显著提升,为全球经济增长注入了强大而持续的动力。在此过程中,华侨华人网络的影响作用日益凸显。基于社会网络和战略匹配理论,考察华侨华人网络影响我国企业OFDI的理论机制,并构造华侨华人网络中心性指标展开实证检验。结果表明,华侨华人网络会通过提高中国跨国企业战略激进度来促进企业OFDI。并且,管理者自信会强化华侨华人网络与中国企业OFDI之间的关系。此外,当投资东道国为非共建“一带一路”国家、处于非儒家文化圈或为发达经济体,以及企业为非国有企业时,华侨华人网络对企业OFDI的促进作用更为显著。我国应充分发挥华侨华人网络优势,加强海外统一战线工作,加快构建新发展格局。展开更多
From the sector perspective of mining, manufacturing and services, the motivations of Chinese outward direct investment （further ODI） are discussed during the period from 2001 to 2012, acknowledging different host c...From the sector perspective of mining, manufacturing and services, the motivations of Chinese outward direct investment （further ODI） are discussed during the period from 2001 to 2012, acknowledging different host countries and firms＇ ownership structures. The estimated results justify that the location determinants of Chinese ODI differ between sectors, which implies tile motivation behind such investment may vary. As expected, resource-seeking is the most important motivation for Chinese ODI in mining sector; market- and strategic asset-seeking motivations are possessed by both manufacturing and services sectors. The probability of the host country receiving Chinese FDI, as well as high FDI openness and frequent bilateral trade with China is favorable for doing business. Results also suggest that the factors increasing the probability of a country being chosen as a location for Chinese ODI vary between different host countries, as do different ownership structures.展开更多
文摘近年来,以中国为代表的新兴经济体对外直接投资(Outward Foreign Direct Investment,OFDI)规模显著提升,为全球经济增长注入了强大而持续的动力。在此过程中,华侨华人网络的影响作用日益凸显。基于社会网络和战略匹配理论,考察华侨华人网络影响我国企业OFDI的理论机制,并构造华侨华人网络中心性指标展开实证检验。结果表明,华侨华人网络会通过提高中国跨国企业战略激进度来促进企业OFDI。并且,管理者自信会强化华侨华人网络与中国企业OFDI之间的关系。此外,当投资东道国为非共建“一带一路”国家、处于非儒家文化圈或为发达经济体,以及企业为非国有企业时,华侨华人网络对企业OFDI的促进作用更为显著。我国应充分发挥华侨华人网络优势,加强海外统一战线工作,加快构建新发展格局。
基金supported by the National Natural Science Foundation of China under Grant No.71103177National Center for Mathematics and Interdisciplinary Sciences,Chinese Academy of Sciences
文摘From the sector perspective of mining, manufacturing and services, the motivations of Chinese outward direct investment （further ODI） are discussed during the period from 2001 to 2012, acknowledging different host countries and firms＇ ownership structures. The estimated results justify that the location determinants of Chinese ODI differ between sectors, which implies tile motivation behind such investment may vary. As expected, resource-seeking is the most important motivation for Chinese ODI in mining sector; market- and strategic asset-seeking motivations are possessed by both manufacturing and services sectors. The probability of the host country receiving Chinese FDI, as well as high FDI openness and frequent bilateral trade with China is favorable for doing business. Results also suggest that the factors increasing the probability of a country being chosen as a location for Chinese ODI vary between different host countries, as do different ownership structures.
