Textile machinery industry is one important part concerning the development of textile industry,and its developing technical level symbolizes the advanced production force of textile industry and its advanced technolo...Textile machinery industry is one important part concerning the development of textile industry,and its developing technical level symbolizes the advanced production force of textile industry and its advanced technology and independent innovation have much to do with the structural adjustment and technical progress of textile industry as well as the further improvement of labor capacity.展开更多
Spinning equipment: continuous growth of automation demand In order to meet the urgent needs of downstream spinning industry to save labor and reduce the labor intensity of workers, spinning equipment enterprises cont...Spinning equipment: continuous growth of automation demand In order to meet the urgent needs of downstream spinning industry to save labor and reduce the labor intensity of workers, spinning equipment enterprises continue to carry out technological innovation and upgrading, and overall maintain a stable development. With the market situation warming up, spinning machinery orders showed a good growth momentum in the first quarter of 2019. With the stop of expansion of domestic spinning production scale, developing international market in 2019 will become an important development direction for spinning equipment enterprises.展开更多
This study investigates the internationalization and resource accumulation process of the three largest Chinese construction machinery companies： Sany, XCMG and Zoomlion. It takes a longitudinal approach to analyze t...This study investigates the internationalization and resource accumulation process of the three largest Chinese construction machinery companies： Sany, XCMG and Zoomlion. It takes a longitudinal approach to analyze the internationalization process of the three companies over the last 25 years. Although the three companies＇ paths in the early acquisition of technologies and firm-specific advantages （FSA） differ significantly, however, their internationalization process exhibits similar pattern. They all exploit the same home-country based FSAs in their south-south expansion into other emerging markets, and seem to mimic each other in their strategic moves. In the south-north expansion into advanced economies they skip the export stage and rely almost exclusively on foreign direct investment of both forms, greenfield and M＆A, to pursue asset augmenting objectives and overcome their ＂liability of origin＂. The study concludes by discussing several topics of interest, such as the implications of accelerated resource accumulation, the impact on competition with advanced multinationals in the home market or possible effects on the level of state support and risk taking behavior in the internationalization process by the companies＇ ownership type.展开更多
文摘Textile machinery industry is one important part concerning the development of textile industry,and its developing technical level symbolizes the advanced production force of textile industry and its advanced technology and independent innovation have much to do with the structural adjustment and technical progress of textile industry as well as the further improvement of labor capacity.
文摘Spinning equipment: continuous growth of automation demand In order to meet the urgent needs of downstream spinning industry to save labor and reduce the labor intensity of workers, spinning equipment enterprises continue to carry out technological innovation and upgrading, and overall maintain a stable development. With the market situation warming up, spinning machinery orders showed a good growth momentum in the first quarter of 2019. With the stop of expansion of domestic spinning production scale, developing international market in 2019 will become an important development direction for spinning equipment enterprises.
文摘This study investigates the internationalization and resource accumulation process of the three largest Chinese construction machinery companies： Sany, XCMG and Zoomlion. It takes a longitudinal approach to analyze the internationalization process of the three companies over the last 25 years. Although the three companies＇ paths in the early acquisition of technologies and firm-specific advantages （FSA） differ significantly, however, their internationalization process exhibits similar pattern. They all exploit the same home-country based FSAs in their south-south expansion into other emerging markets, and seem to mimic each other in their strategic moves. In the south-north expansion into advanced economies they skip the export stage and rely almost exclusively on foreign direct investment of both forms, greenfield and M＆A, to pursue asset augmenting objectives and overcome their ＂liability of origin＂. The study concludes by discussing several topics of interest, such as the implications of accelerated resource accumulation, the impact on competition with advanced multinationals in the home market or possible effects on the level of state support and risk taking behavior in the internationalization process by the companies＇ ownership type.
