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4 - Globalisation of Chinese Firms Using New Paradigms

Published online by Cambridge University Press:  05 February 2020

David K. Tse  and
Kineta Hung
David K. Tse
Affiliation:
The University of Hong Kong
Kineta Hung
Affiliation:
Hong Kong Baptist University
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Summary

This chapter discusses several emerging globalisation models: the Springboard Model; its variant, the Leapfrog Model; the Mixed Model, a hybrid globalisation approach that leverages the combined benefits of administrative and market systems; and the Effectual Model, an appropriate for entrepreneurial firms. The discussion delineates the advantages and challenges of each model as well as the motivations for firms to adopt these models. Similar to , this chapter also traces the development of various exemplary firms (and their respective industries) that have successfully adopted these models. They include: China Merchants Bank (Springboard Model), Huawei (Leapfrog Model), CRRC (high-speed rail) (Mixed Model), and Techno (Effectual Model).

Keywords

alternative globalisation modelsSpringboard ModelLeapfrog ModelMixed ModelEffectual ModelChina Merchants BankHuaweiCRRCTechno
Type
Chapter
Information
Dynamic Growth of Chinese Firms in the Global Market
Challenges, Strategies and Implications
 , pp. 53 - 82
Publisher: Cambridge University Press
Print publication year: 2020

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