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Industry Attractiveness, Firm Competence, and International Investment Performance in a Transitional Economy
Author(s) -
Luo Yadong
Publication year - 1998
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/1467-8586.00052
Subject(s) - attractiveness , competence (human resources) , univariate , foreign direct investment , china , economics , multivariate statistics , business , economic system , management , macroeconomics , political science , psychology , statistics , mathematics , psychoanalysis , law
Building upon the theoretical foundations provided by the international economics and industrial economics literature, this study examines the multivariate and univariate effects of industry structure attributes and firm competence components on the performance of foreign‐funded enterprises operating in a transitional economy (People's Republic of China). It is found that industry attractiveness and firm competence are both critical to international investment performance. It is also observed that different industry and firm‐level variables influence differentially the various dimensions of performance.