Motives of foreign pharmaceutical firms' FDI in China: a comparison between eastern and western firms
This study examined the determinants of foreign pharmaceutical firms' foreign direct investments (FDI) in China, and compared FDI determinants between eastern and western pharmaceutical firms. The analysis suggested that foreign pharmaceutical firms' FDI in China was determined by China�...
| Main Authors: | , |
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| Format: | Journal Article |
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International Academy of Business and Economics
2004
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| Online Access: | http://hdl.handle.net/20.500.11937/44835 |
| _version_ | 1848757115286454272 |
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| author | Jiang, Fuming Liu, L. |
| author_facet | Jiang, Fuming Liu, L. |
| author_sort | Jiang, Fuming |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This study examined the determinants of foreign pharmaceutical firms' foreign direct investments (FDI) in China, and compared FDI determinants between eastern and western pharmaceutical firms. The analysis suggested that foreign pharmaceutical firms' FDI in China was determined by China's specific advantages, and China's market size played the most important role. China's incentive policy received moderate attention, and low labour cost was not a significant consideration. The results did not support the traditional FDI theories of market imperfection and firm specific advantages. The results also showed that eastern firms had a tendency to agree that the incentive policies was one of the China's specific attractions which attracted their FDI to China, whereas, western firms tended to disagree. Both eastern and western firms were unlikely to consider China's low labour cost as an important factor in their decision to invest in China, this being even more so for western firms. |
| first_indexed | 2025-11-14T09:22:58Z |
| format | Journal Article |
| id | curtin-20.500.11937-44835 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:22:58Z |
| publishDate | 2004 |
| publisher | International Academy of Business and Economics |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-448352017-01-30T15:16:40Z Motives of foreign pharmaceutical firms' FDI in China: a comparison between eastern and western firms Jiang, Fuming Liu, L. pharmaceutical firms Determinants of FDI China This study examined the determinants of foreign pharmaceutical firms' foreign direct investments (FDI) in China, and compared FDI determinants between eastern and western pharmaceutical firms. The analysis suggested that foreign pharmaceutical firms' FDI in China was determined by China's specific advantages, and China's market size played the most important role. China's incentive policy received moderate attention, and low labour cost was not a significant consideration. The results did not support the traditional FDI theories of market imperfection and firm specific advantages. The results also showed that eastern firms had a tendency to agree that the incentive policies was one of the China's specific attractions which attracted their FDI to China, whereas, western firms tended to disagree. Both eastern and western firms were unlikely to consider China's low labour cost as an important factor in their decision to invest in China, this being even more so for western firms. 2004 Journal Article http://hdl.handle.net/20.500.11937/44835 International Academy of Business and Economics fulltext |
| spellingShingle | pharmaceutical firms Determinants of FDI China Jiang, Fuming Liu, L. Motives of foreign pharmaceutical firms' FDI in China: a comparison between eastern and western firms |
| title | Motives of foreign pharmaceutical firms' FDI in China: a comparison between eastern and western firms |
| title_full | Motives of foreign pharmaceutical firms' FDI in China: a comparison between eastern and western firms |
| title_fullStr | Motives of foreign pharmaceutical firms' FDI in China: a comparison between eastern and western firms |
| title_full_unstemmed | Motives of foreign pharmaceutical firms' FDI in China: a comparison between eastern and western firms |
| title_short | Motives of foreign pharmaceutical firms' FDI in China: a comparison between eastern and western firms |
| title_sort | motives of foreign pharmaceutical firms' fdi in china: a comparison between eastern and western firms |
| topic | pharmaceutical firms Determinants of FDI China |
| url | http://hdl.handle.net/20.500.11937/44835 |