The impact of internet use on multinational enterprises' OFDI: evidence from China.

Based on the combination of China's large outbound investment transaction data from 2005 to 2020 in the China Global Investment Tracker database and enterprises' basic information, this study analyzes the influence of Internet use by multinational enterprises (MNEs) on their outward foreign direct i...

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Publicado en:Journal of the Asia Pacific Economy Vol. 30; no. 3; pp. 862 - 886
Autores principales: Li, Hui, Chen, Qi-an
Formato: Artículo
Publicado: Taylor & Francis Ltd Aug2025
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Aug2025
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        atl: The impact of internet use on multinational enterprises' OFDI: evidence from China.
      aug:
        au:
          Li, Hui
          Chen, Qi-an
        affil: School of Economics and Business Administration, Chongqing University, Chongqing, China
      su:
        China
        WeChat (Web resource)
        Internet access
        Technological innovations
        International business enterprises
        Foreign investments
        Economic conditions in China
      sug:
        subj:
          Internet access
          Technological innovations
          International business enterprises
          China
          International Trade Financing
          Foreign investments
          Economic conditions in China
          WeChat (Web resource)
      keyword:
        digital economy
        internet use
        Multinational enterprises
        OFDI
        digital economy
        internet use
        Multinational enterprises
        OFDI
      ab: Based on the combination of China's large outbound investment transaction data from 2005 to 2020 in the China Global Investment Tracker database and enterprises' basic information, this study analyzes the influence of Internet use by multinational enterprises (MNEs) on their outward foreign direct investment (OFDI). The results show that the improvement in MNEs' Internet use has significantly promoted the development of their OFDI, but the WeChat use index, which mainly serves the domestic market, has a crowding-out effect on this process. Heterogeneity analysis shows that the promoting effect of Internet use on OFDI mainly occurs in "the non-Belt and Road" and developing countries, midwestern regions, cross-border M&A and service investment. Further analysis shows that the impact of Internet use on OFDI is mainly generated through two channels: easing financing constraints and improving technological innovation ability.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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