Abstract
There are increasing firms go to foreign markets quickly to reach their international strategy, particularly some firms come from emerging economies. It is hard to explain in the conventional theory of gradual internationalization, and different from the viewpoints of born-global. We argue that this previous discussion does not consider enough the risk of being a late mover in the face of changing period of its industry. This study explores the circumstances under which capabilities accumulated, changing and globalization, a strategy of undertaking outward foreign direct investment at a quicker speed, could be a considerable strategy. Using a case study on Chinese firm, we find that rapid FDI expansion enhances firm performance in industries where are competitive intense and paradigm-changing, and when it is done by firms with superior internal capabilities.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
