TY - JOUR
T1 - The distinct contribution of investment promotion agencies’ branch offices in bringing Chinese multinationals to Europe
AU - Knoerich, Jan
AU - Vitting, Simon
PY - 2021/4
Y1 - 2021/4
N2 - This study uncovers the distinct contribution of investment promotion agencies’ (IPAs) overseas branch offices in advancing and even creating foreign direct investment. It offers a novel categorisation of IPAs depending on location and headquarter/branch status, and conceptually connects the known functions of IPAs with the advantages set out by the OLI paradigm. Empirical examination of longitudinal data from 29 European IPAs finds that the activities of their branches in China instilled greater awareness and confidence in Chinese multinational enterprises about their ownership- and European location-specific advantages. This contribution of IPA branches is especially salient in emerging economies with newcomer investors.
AB - This study uncovers the distinct contribution of investment promotion agencies’ (IPAs) overseas branch offices in advancing and even creating foreign direct investment. It offers a novel categorisation of IPAs depending on location and headquarter/branch status, and conceptually connects the known functions of IPAs with the advantages set out by the OLI paradigm. Empirical examination of longitudinal data from 29 European IPAs finds that the activities of their branches in China instilled greater awareness and confidence in Chinese multinational enterprises about their ownership- and European location-specific advantages. This contribution of IPA branches is especially salient in emerging economies with newcomer investors.
UR - http://www.scopus.com/inward/record.url?scp=85098990420&partnerID=8YFLogxK
U2 - 10.1016/j.jwb.2020.101187
DO - 10.1016/j.jwb.2020.101187
M3 - Article
SN - 1090-9516
VL - 56
JO - JOURNAL OF WORLD BUSINESS
JF - JOURNAL OF WORLD BUSINESS
IS - 3
M1 - 101187
ER -
