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| Title: | | Rushing in where angels fear to tread?: The early internationalization of indigenous Chinese firms  |
| Authors: | | Naudé, Wim |
| Issue Date: | | 2009 |
| Series/Report no.: | | Research paper / UNU-WIDER 2009.27 |
| Abstract: | | In this paper I empirically investigate the early international entrepreneurship of indigenous Chinese firms using data on 3,948 firms surveyed by the World Bank in 2002-03. I find important differences in the extent and motivation of early internationalization between indigenous and foreign-invested Chinese firms. Despite having started with internationalization relatively more recently than most foreigninvested firms, and despite having much less least foreign experience (only 1.3 years, on average, versus nine years) than foreign-invested firms, indigenous firms who internationalize early were found to perform better than foreign-invested firms. They may be rushing in to international markets, but so far this seems to be paying off quite well. |
| Subjects: | | international entrepreneurship international new ventures exports China |
| JEL: | | L26 L25 F14 F23 O53 |
| ISBN: | | 978-92-9230-198-9 |
| Document Type: | | Working Paper |
| Appears in Collections: | | WIDER Research Papers, United Nations University (UNU)
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