RESEARCH ON OUTWARD FOREIGN DIRECTED INVESTMENT (OFDI) LOCATION CHOICES AND DETERMINANTS OF PRIVATE ENTERPRISES IN JIANGSU PROVINCE
XU Hai-ying1, ZHOU Chao2, REN Qi-long1, SHI Fei3, MAO Guang-xiong1, LU Yong4
1. School of Urban and Environmental Science, Huaiyin Normal University, Huai'an 223300, China;
2. College of Architecture and Engineering, Huaiyin Institute of Technology, Huai'an 223300, China;
3. College of Architecture and Engineering, Suqian College, Suqian 223800, China;
4. School of Digital Commerce, Nanjing Vocational College of Information Technology, Nanjing 210023, China
Abstract:This paper investigates the OFDI location and the determinants of private enterprises in Jiangsu Province. We use social network analysis method to examine the evolution characteristics of the OFDI network of 147 private enterprises in Jiangsu Province over the year of 2015 and 2019. This paper argues that the location choice of Chinese enterprises' OFDI is a self-selection process with multiple factors jointly constraining and matching regulation. This paper emphasizes the interaction of host country location advantages, enterprises' investment motives and heterogeneity, affecting enterprises' OFDI location choice. The data for the sample in this paper comes from China Stock Market & Accounting Research Database, the data on FDI and OFDI flow from the Statistical Yearbook, and the data on host countries from the Global Governance Report and WDI. There are some findings in this paper as follows: 1) The OFDI network of private enterprises in Jiangsu Province shows a trend of spatial expansion and diversification, reflecting the complexity of location selection mechanisms. 2) The OFDI driven paths of private enterprises in Jiangsu Province are grouped into three categories: 'Advantage seeking under institutional motives', 'natural resource seeking for high productivity enterprises' and 'market seeking for internationally experienced enterprises'.
徐海英, 周潮, 任启龙, 侍非, 毛广雄, 卢勇. 江苏民营企业对外投资区位选择与驱动因素分析[J]. 人文地理, 2023, 38(3): 146-154.
XU Hai-ying, ZHOU Chao, REN Qi-long, SHI Fei, MAO Guang-xiong, LU Yong. RESEARCH ON OUTWARD FOREIGN DIRECTED INVESTMENT (OFDI) LOCATION CHOICES AND DETERMINANTS OF PRIVATE ENTERPRISES IN JIANGSU PROVINCE. HUMAN GEOGRAPHY, 2023, 38(3): 146-154.
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