In this study, we examine the location strategies (e.g., developing versus developed countries) of Chinese multinational firms (Pantzalis, 2001). We argue that domestic firm-specific ownership advantages of a firm, in the form of larger size and higher degree of diversification, will induce...

This article addresses the under-researched issue of how local firms in merging markets can counter the threat posed by the entry of multinational corporations (MNCs). Prior literature on this topic argues that the appropriate strategy for a local firm is dependent on its industry...