摘要
在当前推进企业"走出去"战略的背景下,探讨我国民营企业对外直接投资的动机具有重要的理论与实践意义。文章利用温州民营企业微观层面对外直接投资数据,构建二值选择模型对此进行实证研究,发现民营企业因市场开拓与生产转移动机进行对外直接投资。更为细致地,民营企业针对发达国家的对外直接投资仅具有市场开拓动机,针对发展中国家的对外直接投资同时具有市场开拓与生产转移动机;制造业民营企业的对外直接投资兼具市场开拓和生产转移动机,而销售服务业民营企业对外直接投资仅具备市场开拓动机。此外,研究也发现民营企业对外直接投资并不具有资源获取动机。
In the context of promoting enterprises' 'going out', to ascertain the foreign direct investment motivations of China's private enterprises is of great theoretical and practical significance. This paper uses the FDI data of Wenzhou's private enterprises to build a binary choice model for empirical study, and finds that private enterprises carry out foreign direct investment due to motivations of market development and production transfer. More specifically, private enterprises' foreign direct investment in developed countries only have the motivation of market development, but that in developing countries has the motivations of both market development and production transfer; the foreign direct investment of private enterprises in manufacturing is motivated by both market development and production transfer, while that in sales service industry is only motivated by market development. In addition, it also finds that private enterprises' foreign direct investment does not have the motivation of acquiring resources.
出处
《国际经贸探索》
CSSCI
北大核心
2014年第2期74-84,共11页
International Economics and Trade Research
基金
浙江省哲学社会科学规划课题"民营企业对外直接投资动机及影响因素"(13NDJC079YB)
温州市哲学社会科学规划课题"温州民营企业对外直接投资动机及影响因素实证研究"(13wsk005)
国家社科基金"民营企业集群式海外投资模式研究"(12BJY147)
关键词
民营企业
对外直接投资动机
微观企业数据
二值选择模型
private enterprises
motivations of foreign direct investment
micro-enterprisedata
binary choice model