Study on indian private enterprise internationalization and its implication for chinese “going globa

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Economic Management Journal July 2013, Volume 2, Issue 3, PP.66-75

Study on Indian Private Enterprise Internationalization and Its Implication for Chinese “Going Global” Strategy Lili Dong International Business School, Beijing Foreign Studies University, Beijing, 100089, China Email: donglili@bfsu.edu.cnljaxy@sina.com

Abstract OFD (Outward Foreign Direct) investment from developing economies has achieved significant development recently. As the two largest developing countries, both India and China take various measures to encourage local companies to internationalize. Statistics show that multinationals from the two countries are quite different from each other in the ownership, core competency, and entry mode choice. Generally speaking, Indian private enterprises are doing much better than their Chinese counterparts with the advantage on the micro competition; in addition, India government has achieved more in encouraging domestic private companies to invest internationally, from which Chinese companies can benefit. In contrast to China where the state owned enterprises play the leading role in internationalization, while the private companies are weak in most sectors. This fact is kind of surprising because the private companies are usually more efficient than the state owned sector in Chinese domestic economy. This paper will start with the comparison between Indian and Chinese enterprises’ internationalization, then explore the underlying causes for the difference. Based on the above analysis, suggestions for the Chinese private companies “going global” will be formulated. Keyword: China; India; FDI; Private Enterprise

印度私营企业国际化对中国的启示 董丽丽 北京外国语大学国际商学院,北京 100089 摘

要:近年来,发展中国家对外直接投资发展迅速,中国和印度都在积极鼓励本土企业进行对外直接投资。两国的对

外直接投资均呈现迅猛的增长态势,而且各有各的特点和优势。其中,两国对外直接投资的主体类型、主体的核心竞争 力和海外扩张方式等方面所呈现的差异较为突出。总体上,印度更具有投资主体的微观竞争优势。印度政府在鼓励国内 私营企业“走出去”方面颇有成效,有不少值得我国借鉴的地方。笔者从所有制形式出发比较了中印对外直接投资主体 构成的差异,以及由此造成的它们在国际市场上表现的特点,并着重探讨造成这一差异的母国环境因素,由此提出促进 中国私营企业“走出去”的建议。 关键字:中国;印度;对外直接投资;私营企业

引言 中国政府于 2000 年正式开始实施“走出去”战略,旨在推动本土企业向海外市场扩张业务,以增强本 土企业整体的国际竞争力。自这一战略实施以来,已有不少中国企业迈向国际市场,使我国对外直接投资有 了较快的增长。但我国在对外直接投资总量上的成绩并不能掩盖我国对外直接投资主体构成失衡的问题—— 

本文获北京外国语大学世界亚洲研究信息中心资助。 - 66 www.emj-journal.org


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