Purpose – This paper aims to explore the contribution of China's largest business groups to China's outward foreign direct investment (OFDI), looking particularly at the question of whether they contribute to strategic‐asset‐seeking OFDI. Design/methodology/approach – It uses...

Purpose – The purpose of this paper is to offer a critical perspective on China's official outward foreign direct investment (OFDI) data, commonly used in most research on the internationalization of Chinese companies. Owing to the deficiencies of China's statistical system, official OFDI data...

Purpose – The purpose of this paper is to examine whether isomorphism and mimetic, coercive, and normative mechanisms apply to cross‐border mergers and acquisitions initiated by Chinese firms. Unlike prior studies, the paper aims to identify multiple bases for imitation of firm strategy and...

Purpose – The purpose of this paper is to explore the limitations of the national system of innovation (NSI) approach in countries in developing economies with at best incomplete sets of market institutions. Design/methodology/approach – This paper employed a grounded theory approach using...