GAO, L., LIU, X. and LIOLIOU, E., 2015. Dynamic capabilities, managerial mindsets and the outcomes of internationalization: the case of Chinese state-owned enterprises. IN: Demirbag, M. and Yaprak, A. (eds). Handbook of Emerging Market Multinational Corporations. Cheltenham: Edward Elgar, pp.198-221.
Applying the concepts of dynamic capabilities and managerial mindsets, this chapter
examines the factors affecting the internationalization outcomes of Chinese SOEs
using the case study approach. Our findings show that those SOEs which inherited
organizational routines under the regime of a centrally planned economy have
encountered great challenges in achieving international success. Our results also
suggest that dynamic capabilities and managerial mindsets are the main drivers
determining the international performance of SOEs. These findings have important
policy and managerial implications.