Examining the Internationalization of Chinese Construction MNCs Using the Eclectic Paradigm

摘要：

The merging progress of the international construction market has been undertaken rapidly. More and more Chinese construction enterprises are entering the process. This paper examines the internationalization degree of the Chinese construction Multi-national Corporations (MNCs) using the Eclectic Paradigm. It is found that “Technological and R&D capacity and “Firm’s reputation are regarded as the most important firm-specific ownership advantage while “Size and growth of the domestic construction market in China is ranked the highest country-specific advantage. Protection of the firms’ reputation, rather than use the market mechanism, is the strongest motivator to invest abroad directly. Also, the Chinese contractors consider that “Political and social stability in the host countries and “Availability and costs of local workers in the host countries are quite important for the project success. It is suggested that the Chinese construction MNCs should expand market, enlarge distribution range of business, and improve quality of construction and service as well as meeting various needs of customers in the host country in order to better consolidate local market position and promote future development.

关键词： eclectic paradigm chinese multinational corporations international construction international competitiveness.

作者: Jingkuang LIU Yousong WANG Yiyong LIN

作者单位: School of Civil Engineering and Transportation,South China University of Technology, Guangzhou, Chin State Key Laboratory of Subtropical ArchitectureScience, South China University of Technology, Guang School of Civil Engineering and Transportation, South China University of Technology, Guangzhou, Chi

会议类型: 国际会议

会议名称: 2011 International Conference on Construction & Real Estate Management(2011建设与房地产管理国际会议)

会议地点: 广州

会议语种:英文

页码: 506-510

在线出版日期: 2011-11-19（万方平台首次上网日期，不代表论文的发表时间）