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dc.contributor.authorWang, J.*
dc.contributor.authorLiu, X.*
dc.contributor.authorWei, Yingqi*
dc.contributor.authorWang, Chengang*
dc.date.accessioned2016-09-06T13:47:31Z
dc.date.available2016-09-06T13:47:31Z
dc.date.issued2014-08
dc.identifier.citationWang J, Liu X, Wei Y and Wang C (2014) Cultural proximity and local firms’ catch up with multinational enterprises. World Development. 60: 1-13.en_US
dc.identifier.urihttp://hdl.handle.net/10454/8912
dc.descriptionYesen_US
dc.description.abstractIntegrating and extending new growth theory and resource-based views, this paper provides a theoretical foundation for the catch-up hypothesis. It examines the role of technology gap, technological capability, and cultural proximity in local firms’ catch-up with MNEs. Hypotheses are developed and tested with a dynamic model on a large firm-level panel dataset from Chinese manufacturing. The results confirm that catch-up is positively related to technology gap and technological capability. Furthermore, in the presence of cultural proximity, the speed of local Chinese firms’ catch-up with MNEs from Hong Kong, Macau, and Taiwan is not significantly lower than that with other MNEs.en_US
dc.description.sponsorshipThe National Natural Science Foundation of China (NSFC: 71302179 and 71240026); the Project of Humanities and Social Sciences, Ministry of Education, China (Project No. 11XJA630001), and the “211 project” of the Southwestern University of Finance and Economics.en_US
dc.language.isoenen_US
dc.relation.isreferencedbyhttp://dx.doi.org/10.1016/j.worlddev.2014.02.010en_US
dc.rights© 2014 Elsevier. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license (http://creativecommons.org/licenses/by-nc-nd/4.0/)en_US
dc.subjectCatch-up; China; Culture; New growth theory; Resource-based views; Technology gap hypothesisen_US
dc.titleCultural Proximity and Local Firms’ catch up with Multinational Enterprisesen_US
dc.status.refereedYesen_US
dc.date.Accepted2014-02-23
dc.date.application2014-03-26
dc.typeArticleen_US
dc.type.versionfinal draft paperen_US
refterms.dateFOA2018-07-25T13:32:26Z


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