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Advancing Theories from Chinese OFDI 515 is because,in recent years,journal articles have had the most impact in the field (Bruton Lau,2008;Tsui,Nifadkar,Ou,2007).In addition, articles had to address Thus,all online publications as of luly 2012 were also included.Finally,the review focuses on Chinese outward direct investment,primarily through cross-border m AeratrecahascodtC d using keywords via three major databases(ABI/INFORM,Academic Search Elite,and Business Source Com- plete):this was supplemented by a manual perusal of all issues of the relevant journals.The keyv expansion,globalization/internationalization,and cross-border mergers and acquisitions MAs),in journal titles,abstracts,and keywords.The relevant articles were then read carefully to ensure that they were in SSCI-indexed journals and other quality jourals with rigorous peer review processes.Finally,138 articles appearing mainly in SSCI-indexed journals across various research disciplines that fit our definition of research on Chinese outward investment were identifed. The target articles were classified into three categories(left portion of Table 1). First,appeared in nine top busines and management the 210 impact factor of 1.50 was used as the cut-off point.Second.55 articles appeared in other business and management journals;their 2010 impact factors were lower than 1.50.Finally,there were 44 articles in other international and area study journals.Table I shows that the number of publications increased sharply in recent years;87%of the publications(i.e.,120 articles)were published in the last six years, indicating increasing interest in this topic.Appendix I lists the articles by author name in each category of journal. The 138 articles were also organiszed according to their research methods(right portion of Table 1).The 78 empirical articles include 57 quantitative studies;24 use survey or questionnaire data mainly at the firm level:33 use archival (primarily cross-sectional)datasets at a country or industry level,using official Chinese gov- ernment aggregate data,Thomson Financial SDC database,or the cross-border M&As by listed firms in the Shanghai and Shenzhen Stock Exchanges.For the 21 qualitative empirical works,most use multiple cases or in-depth case studies and eon prominent Chinese companies such as Haier,Lenovo,TCL,and u Ntost of the 6o conceptual or perpective paper n e and international journals.They tend to focus on the macroeconomic analysis of Chinese OFDI trends and patterns and particularly in host countries such as the U.S.and African countries Chinese OFDI and the Latecomer Perspective Studies have examined why Chinese firms use catch-up strategies,particularly resource-based theory (RBT),which offers an externally focused perspective of 2013 The International Association for Chinese Management Research is because, in recent years, journal articles have had the most impact in the field (Bruton & Lau, 2008; Tsui, Nifadkar, & Ou, 2007). In addition, articles had to address issues of Chinese internationalization at different levels of analysis. Thus, all online publications as of July 2012 were also included. Finally, the review focuses on Chinese outward direct investment, primarily through cross-border mergers and acquisitions (M&As) and greenfield investment. A literature search was conducted using keywords via three major electronic databases (ABI/INFORM, Academic Search Elite, and Business Source Com￾plete); this was supplemented by a manual perusal of all issues of the relevant journals. The keywords included China, Chinese firms/companies/MNCs, international expansion, globalization/internationalization, and cross-border mergers and acquisitions (M&As), in journal titles, abstracts, and keywords. The relevant articles were then read carefully to ensure that they were in SSCI-indexed journals and other quality journals with rigorous peer review processes. Finally, 138 articles appearing mainly in SSCI-indexed journals across various research disciplines that fit our definition of research on Chinese outward investment were identified. The target articles were classified into three categories (left portion of Table 1). First, 39 articles appeared in nine top business and management journals; the 2010 impact factor of 1.50 was used as the cut-off point. Second, 55 articles appeared in other business and management journals; their 2010 impact factors were lower than 1.50. Finally, there were 44 articles in other international and area study journals. Table 1 shows that the number of publications increased sharply in recent years; 87% of the publications (i.e., 120 articles) were published in the last six years, indicating increasing interest in this topic. Appendix I lists the articles by author name in each category of journal. The 138 articles were also organiszed according to their research methods (right portion of Table 1). The 78 empirical articles include 57 quantitative studies; 24 use survey or questionnaire data mainly at the firm level; 33 use archival (primarily cross-sectional) datasets at a country or industry level, using official Chinese gov￾ernment aggregate data, Thomson Financial SDC database, or the cross-border M&As by listed firms in the Shanghai and Shenzhen Stock Exchanges. For the 21 qualitative empirical works, most use multiple cases or in-depth case studies and concentrate on prominent Chinese companies such as Haier, Lenovo, TCL, and Huawei. Most of the 60 conceptual or perspective papers appear in cross-cultural and international journals. They tend to focus on the macroeconomic analysis of Chinese OFDI trends and patterns and particularly in host countries such as the U.S. and African countries. Chinese OFDI and the Latecomer Perspective Studies have examined why Chinese firms use catch-up strategies, particularly resource-based theory (RBT), which offers an externally focused perspective of Advancing Theories from Chinese OFDI 515 © 2013 The International Association for Chinese Management Research
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