Abstract
Using detailed cross-section data for 1995, non-Chinese MNEs are found to generate technological and international market access spillover benefits for Chinese firms, while overseas Chinese investors confer only market access benefits. State-owned enterprises reap no benefits, and indeed receive negative spillovers from overseas investors, in marked contrast to the positive spillovers gained by collectively-owned firms. These findings underline the importance of reform in state-owned enterprises to raise the absorptive capacity of the Chinese domestically-owned sector.
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*Peter Buckley is Professor of International Business and Director of the Centre for International Business, University of Leeds (CIBUL).
**Jeremy Clegg is Jean Monnet Senior Lecturer in European Integration and International Business Management at the Centre for International Business, University of Leeds (CIBUL).
***Chengqi Wang is Senior Research Fellow in International Business and China at the Centre for International Business, University of Leeds (CIBUL).
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Buckley, P., Clegg, J. & Wang, C. The Impact of Inward FDI on the Performance of Chinese Manufacturing Firms. J Int Bus Stud 33, 637–655 (2002). https://doi.org/10.1057/palgrave.jibs.8491037
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DOI: https://doi.org/10.1057/palgrave.jibs.8491037