What is “strategic asset seeking FDI”?

By K. Meyer. 2015

150 citations recorded by the source corpus.

Purpose – The purpose of this paper is to shed more light on the concept of “strategic asset-seeking FDI”, which is frequently used in discussion of emerging economy multinational enterprises (MNEs), but it is challenged by some scholars. The author argues that he needs this category because an important type of foreign direct investment (FDI) is not captured by the other motives identified by John Dunning, namely, market-, efficiency- and natural-resource-seeking FDI. Design/methodology/approach – The author illustrates the phenomenon of strategic asset-seeking FDI with case examples that form the starting point for his theoretical arguments. Findings – Some FDI is undertaken explicitly with the aim to use assets acquired abroad to enhance the operations of the investor in other markets, including, notably, the investors’ home market. This contribution to capability-building processes of the MNE, indeed, constitutes an important and distinct type of investment motive. Originality/value – The author concl...

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/20f3f29ab8a35b61143f7035ff15a96f51660915

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Citations in the corpus

Managing talent in emerging economy multinationals: integrating strategic management and human resource management (2018, background): “China) A K.R. Xin & V. Pucik, 2014, unpublished white paper, CEIBS Arçelik (Turkey to globally) A, B S. Estrin & K. E. Meyer 2015.”
Rapid internationalization and long-term performance: The knowledge link (2017, background): “Indeed, one of the aims of multinationals when expanding abroad is the access to new knowledge and locationspecific assets (Benito, 2015; Cuervo-Cazurra, Narula, & Un, 2015; Madhok, 1997; Meyer, 2015; Narula, 2012).”
Applying and advancing internalization theory: The multinational enterprise in the twenty-first century (2019, background): “In particular, the growing tendency towards asset-augmenting activity (Dunning & Narula, 1995; Cantwell & Narula, 2001; Meyer, 2015) has created an important link to the innovation activities of MNEs (Pearce, 1999; Castellani & Zanfei, 2006; Cantwell, 2017).”
The structural reshaping of globalization: Implications for strategic sectors, profiting from innovation, and the multinational enterprise (2019, background): “…assetexploiting, which includes pursuit of natural resources and new markets, and restructuring of existing foreign production, and (2) asset-augmenting, which is primarily centered on seeking new strategic assets, whether for new knowledge, technological, or managerial capabilities (Meyer, 2015).”