题目：COMPETITIVE DYNAMICS AMONG FOREIGN ENTRANTS AND LOCAL FIRMS IN AN EMERGING MARKET
主讲人：Professor Sea-Jin Chang （Korea University）
时间：2006年4月5日（周三）12：30-14：00
地点：光华楼201室
主讲人简介：Sea-Jin Chang is Kumho Asiana Professor of Business Administration at Korea University. Previously, he was a professor at the Stern School of Business of New York University, where he taught Business Policy and Strategy and Multinational Business Management, capstone MBA courses. He was also a visiting faculty at Stanford Business School, INSEAD and London Business School. He received his BA and MA in economics from Seoul National University, and Ph.D. in strategic management from the Wharton School of the University of Pennsylvania, where he was a Dean's Fellow.
Professor Chang is primarily interested in the management of diversified multinational firms. His current research focuses on understanding the process of creating operating synergies among diversified lines of business and building a strong local organization after foreign entry. His other research interests include organizational learning, corporate growth through joint ventures and acquisitions, foreign direct investment, and comparative management studies of Japan and Korea.
Professor Chang's publications have appeared six times in Strategic Management Journal, three times in Academy of Management Journal, two times in Review of Economics and Statistics, as well as in Journal of Business Venturing, Journal of Industrial Economics, Journal of Management Studies, and Organization Science. He sits on the editorial boards of some leading journals in strategy and international business such as Strategic Management Journal and Journal of International Business Studies.
主题摘要：Traditional literature in FDI spillovers assumes a unidirectional effect of FDI, either positive or negative, on local industries. In this paper, we propose a general framework that takes into consideration the impacts of spillovers and competition of foreign entrants and local firms onto each other and among themselves, at both the national and regional levels. With annual survey data from China’s National Bureau of Statistics for 1998 through 2004, our results show that the increased presence of more efficient firms, either foreign entrants or restructured local firms, negatively affected the profitability and survival of other firms in a regional market. At the national level, however, the positive spillover effect of efficient firms was evident.
