Faculty Publications
Document Type
Article
Publication Version
Published Version
Keywords
Chinese outward FDI, event study, innovation, strategic asset seeking
Journal/Book/Conference Title
Economies
Volume
12
Issue
3
Abstract
Strategic asset seeking foreign direct investment has undergone tremendous growth over the past decade. This paper first attempts to evaluate the location choice of such investments in Europe. We find that Chinese companies target strategic assets in Europe. The paper then moves to understand the efficacy of these investments in terms of the creation of strategic assets in the Chinese parent company. Our results show the intangible assets of Chinese domestic parent firms significantly increase in the wake of their investments. For greenfield investments, there is a longer time-lag in creation of intangible strategic assets than for acquisitions. However, greenfield investments result in a larger increase in intangible asset creation than acquisition investments.
Department
Department of Management
Original Publication Date
2-25-2024
Object Description
1 PDF File
DOI of published version
10.3390/economies12030056
Repository
UNI ScholarWorks, Rod Library, University of Northern Iowa
Copyright
© 2024 by the authors. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Language
en
File Format
application/pdf
Recommended Citation
Anderson, John; Sutherland, Dylan; and Severe, Sean, "Does Chinese Investment into Europe Facilitate Strategic Asset Growth in the Chinese Parent Company? The Role of Entry Mode" (2024). Faculty Publications. 5992.
https://scholarworks.uni.edu/facpub/5992
Comments
First published in economies, v12i3 (Feb 2024) published by MDPI. DOI: https://doi.org/10.3390/economies12030056