Along with their mounting economic might, emerging economies are becoming the object of ever closer analytical attention. Yet the phenomenon of international research and development (R&D) from multinationals headquartered there still remains neglected. The current study analyzes Chinese...

Strategic agility can be defined as a firm-level ability to continuously adjust and adapt decisions to the changing circumstances of the external environment and thus nurture value creation (Doz & Kosonen, 2008a). At its very heart, agility allows integrating diverging strategic objectives, i.e....

There is an increasing awareness in international business that institutional factors need to be better incorporated into the understanding of international investments decisions of multinational companies. This applies equally to outward foreign direct investment by emerging economy firms. The...