TY - JOUR
T1 - Globalization of Chinese Firms
T2 - Theoretical Universalism or Particularism
AU - Alon, Ilan
AU - Child, John
AU - Li, Shaomin
AU - Mcintyre, John R.
PY - 2011/7
Y1 - 2011/7
N2 - Research on the globalization of Chinese and other emerging markets' companies has only just begun and is on the verge of taking off. As it does so, additional thought should be given to the ontological and epistemological underpinnings of the theories attempting to capture the phenomenon. Should Western-centric theory prevail? Be adapted? Or abandoned in favour of new indigenous approaches to theorizing, based on context? Finally, should the context itself be the basis of theorizing? While the debate will not stop here, the future may hold a multiplicity of approaches, both indigenous and internationalized, for explaining emerging markets' contexts and, more specifically, for understanding internationalization of their economies and their multinationals. This article provides an overview of the debate on Chinese Theory of Business vs. Theory of Chinese Business, and highlights the contribution of three key articles utilizing a hybrid approach of adapted theory, controlling for the various multinational contexts. We conclude that no theory has a monopoly on explanation and a multi-level, multidisciplinary, and, perhaps, Eastern-centric theory may prove to show great potential in future theories of emerging markets' multinationals.
AB - Research on the globalization of Chinese and other emerging markets' companies has only just begun and is on the verge of taking off. As it does so, additional thought should be given to the ontological and epistemological underpinnings of the theories attempting to capture the phenomenon. Should Western-centric theory prevail? Be adapted? Or abandoned in favour of new indigenous approaches to theorizing, based on context? Finally, should the context itself be the basis of theorizing? While the debate will not stop here, the future may hold a multiplicity of approaches, both indigenous and internationalized, for explaining emerging markets' contexts and, more specifically, for understanding internationalization of their economies and their multinationals. This article provides an overview of the debate on Chinese Theory of Business vs. Theory of Chinese Business, and highlights the contribution of three key articles utilizing a hybrid approach of adapted theory, controlling for the various multinational contexts. We conclude that no theory has a monopoly on explanation and a multi-level, multidisciplinary, and, perhaps, Eastern-centric theory may prove to show great potential in future theories of emerging markets' multinationals.
KW - Chinese firms
KW - Emerging markets
KW - Globalization
KW - Indigenous approaches
KW - Internationalization
KW - Multinational corporations
UR - http://www.scopus.com/inward/record.url?scp=79959902134&partnerID=8YFLogxK
U2 - 10.1111/j.1740-8784.2011.00234.x
DO - 10.1111/j.1740-8784.2011.00234.x
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AN - SCOPUS:79959902134
SN - 1740-8776
VL - 7
SP - 191
EP - 200
JO - Management and Organization Review
JF - Management and Organization Review
IS - 2
ER -