FDI

(New) Technologies and the MNE: the crisis of ownership competitive advantages?

(New) Technologies and the MNE: the crisis of ownership competitive advantages?

(New) Technologies and the MNE: the crisis of ownership competitive advantages?

On April 2019 I was invited to participate at a round table on the crisis of ownership competitive advantages at the 7th International Business Conference organized by the John Dunning Centre at the Henley Business School (University of Reading).

Here you can download the ppt of my speech.

Do Chinese State-Owned and private Enterprises Differ in their Internationalization Strategies?

Do Chinese State-Owned and private Enterprises Differ in their Internationalization Strategies?

5 most highly cited in China Economic Review, 27: 312-325

The article is co-authored with Alessia Amighini and Marco Sanfilippo.

We empirically analyse the host country determinants of Chinese outward foreign direct investments (FDI) for the years 2003 to 2011, using disaggregated data by country and industry. Our aim is to assess the relevance of market seeking, resource seeking and strategic asset-seeking motivations as suggested by the theory on host country determinants of FDI.

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Regional strategic assets and the location strategies of emerging countries’ multinationals in Europe

Regional strategic assets and the location strategies of emerging countries’ multinationals in Europe

European Planning Studies, 24(4): 645-667

This article is co-authored with Riccardo Crescenzi and Carlo Pietrobelli

This paper explores the location strategies of multinational enterprises (MNEs) from emerging countries (EMNEs) in search for regional strategic assets.The empirical results suggest that EMNEs are attracted by the availability of technological competences only when their subsidiaries pursue more sophisticated and technology-intensive activities.

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Chinese and Indian Multinationals: A Firm-level Analysis of their Investments in Europe

Chinese and Indian Multinationals: A Firm-level Analysis of their Investments in Europe

Global Economic Review, 44, 4: 452-469

This article is co-authored with Vito Amendolagine and Claudio Cozza

We study Chinese and Indian multinationals investing in Europe investigating their identity, their characteristics and the association between their features and their international strategies. In relation to the mode of entry, we find that greenfield investments are a more likely option for large-sized companies. Moreover a high propensity for innovation is associated with a high probability to enter with an acquisition and with technological asset-seeking investments.

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The New Silk Road

The New Silk Road

The impact of outward FDI on the performance of Chinese Firms featured in The Economist

The article on The impact of outward FDI on the performance of Chinese Firms co-authored with Claudio Cozza and Marco Sanfilippo has been featured in The Economist, September 12th 2015.

 

The impact of outward FDI on the performance of Chinese Firms

The impact of outward FDI on the performance of Chinese Firms

China Economic Review 36, December, 42-57

The article is co-authored with Claudio Cozza and Marco Sanfilippo

This paper investigates the effects on Chinese firms of Outward FDI into advanced European countries. The results provide robust evidence supporting the view that China‟s OFDI so far have had a positive impact on domestic activities in enhancing firms‟ productivity and scales of operation, measured by sales and employment. Featured in The Economist, September 12th 2015.

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Multinational enterprises from emerging economies: what theories suggest, what evidence shows. A literature review

Multinational enterprises from emerging economies: what theories suggest, what evidence shows. A literature review

Economia e Politica Industriale 42:3, 343-370

The article is co-authored with Alessia Amighini, Claudio Cozza, Elisa Giuliani and Vittoria Scalera

The phenomenon of Emerging Economy Multinational Enterprises (EMNEs) and their internationalization process have sparked the debate over the appropriateness of International Business theories to study EMNEs’ internationalization processes. The literature has extensively investigated what distinguishes EMNEs from Advanced Country Multinational Enterprises (AMNEs). This review summarizes and discusses some of the issues that have mostly attracted scholarly debate in this research area.

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The Location Strategies of Multinationals from Emerging Countries in the EU Regions

The Location Strategies of Multinationals from Emerging Countries in the EU Regions

UNU-MERIT Working Papers #2015-009

with Riccardo Crescenzi and Carlo Pietrobelli

This paper looks at the location choices of MNEs in the European Union (EU-25) regions and unveils that EMNEs follow distinctive location strategies. Their attraction into large regional markets is similar to AMNEs as well as their irresponsiveness to efficiency seeking motives. Conversely, the most knowledge-intensive investments respond mainly to  strategic assets and the agglomeration of foreign investments in the same business functions.

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