Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2016.09.008 |
Chinese FDI and psychic distance perceptions on regulations in the German renewable energy sector | |
Vaccarini, Katiuscia1,2; Lattemann, Christoph2; Spigarelli, Francesca1; Tavoletti, Ernesto3 | |
2017-02-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 101 |
文章类型 | Article |
语种 | 英语 |
国家 | Italy; Germany |
英文摘要 | Countries vary in dimensions such as culture, language, business practices, policy-making, regulations, etc. Research shows that distances between countries concerning these dimensions affect foreign direct investment (FDI) flows. The higher the distances, the higher the difficulties for businesses, as managers' decision-making is based on their perception of those distances. This paper analyzes the perception of distances between China and Germany by surveying Chinese managers who invested in Germany in the renewable energy (RE) sector, using Child et al.'s (2009) measure of psychic distance (PD) as a guide. The RE sector is young and highly dynamic, and the dimensions of PD are constantly changing. Mismatches in the perception of PD ex ante and ex post the decision to engage in FDI may lead to possible FDI failure. We use a five-company multiple case study to analyze if Chinese managers perceive distances in various dimensions, particularly regulation-based, and if there is a mismatch of perceptions between the pre-market and post-market entry period to investigate if managers' perceptions change over time. Our findings lead to recommendations for practitioners and international business scholars, and policy making in the RE sector, by showing that operationalizing the PD construct should be complemented by dynamic analysis. (C) 2016 Elsevier Ltd. All rights reserved. |
英文关键词 | Chinese outward foreign direct investment (OFDI) Renewable energy (RE) industry Regulatory policy Psychic distance (PD) Managers' perceptions |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000392768800070 |
WOS关键词 | CULTURAL DISTANCE ; INTERNATIONALIZATION PROCESS ; RIGOROUS CONCEPTUALIZATION ; INSTITUTIONAL DISTANCE ; DIRECT-INVESTMENT ; DECISION-MAKING ; BUSINESS ; MODEL ; DETERMINANTS ; ENTERPRISES |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/18126 |
专题 | 气候变化 |
作者单位 | 1.Univ Macerate, Piaggia Univ 2, I-62100 Macerata Mc, Italy; 2.Jacobs Univ Bremen, Campus Ring 1, D-28759 Bremen, Germany; 3.Univ Macerata, Piazza Strambi 1, I-62100 Macerata Mc, Italy |
推荐引用方式 GB/T 7714 | Vaccarini, Katiuscia,Lattemann, Christoph,Spigarelli, Francesca,et al. Chinese FDI and psychic distance perceptions on regulations in the German renewable energy sector[J]. ENERGY POLICY,2017,101. |
APA | Vaccarini, Katiuscia,Lattemann, Christoph,Spigarelli, Francesca,&Tavoletti, Ernesto.(2017).Chinese FDI and psychic distance perceptions on regulations in the German renewable energy sector.ENERGY POLICY,101. |
MLA | Vaccarini, Katiuscia,et al."Chinese FDI and psychic distance perceptions on regulations in the German renewable energy sector".ENERGY POLICY 101(2017). |
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