Determinants of FDI Establishment Mode Choice of Polish Firms. The Oli Paradigm Perspective

Marian Gorynia , Jan Nowak , Piotr Trąpczyński , Radosław Wolniak

Abstract

This study attempts to investigate the establishment mode choice of Polish firms when entering foreign markets via foreign direct investment (FDI) in the light of John Dunning's eclectic OLI model. A dichotomous mode choice between greenfield investment and acquisitions forms the basic framework for analysis. The theoretical part contains the application of Dunning's model to the investigated relationships with the said establishment mode choice as well as an overview of the empirical research conducted so far on outward foreign direct investment (OFDI) from the countries of Central and Eastern Europe (CEE). Seven research hypotheses are formulated in this context and tested on a sample of firms registered in Poland with ongoing FDI. Data collection was made using an online survey, then four models were used to test the statistical significance of the hypothesized relationships. The results showed no statistical significance for the hypotheses linking mode choice with ownership and internalization advantages. Positive verification was recorded for all the identified location advantages. Thus Dunning's OLI framework demonstrates the limited applicability to the establishment mode choices in an advanced emerging country context. The study concludes with an outline of its contribution to OFDI research, its limitations and finally with recommendations for future research in this area.
Author Marian Gorynia (WGM / KKM)
Marian Gorynia,,
- Department of International Competitiveness
, Jan Nowak
Jan Nowak,,
-
, Piotr Trąpczyński (WGM / KKM)
Piotr Trąpczyński,,
- Department of International Competitiveness
, Radosław Wolniak - University of Warsaw (UW), MNiSW [80]
Radosław Wolniak,,
-
Journal seriesArgumenta Oeconomica, ISSN 1233-5835, (A 15 pkt)
Issue year2016
No2 (37)
Pages67-92
Publication size in sheets1.25
Keywords in Englishforeign expansion, foreign direct investment, establishment mode choice, greenfield vs. acquisitions, OLI paradigm, Poland
ASJC Classification1408 Strategy and Management; 2002 Economics and Econometrics
DOIDOI:10.15611/aoe.2016.2.03
URL http://www.dbc.wroc.pl/dlibra/docmetadata?id=35010&from=publication
Languageen angielski
Score (nominal)15
Score sourcejournalList
ScoreMinisterial score = 15.0, 10-01-2020, ArticleFromJournal
Ministerial score (2013-2016) = 15.0, 10-01-2020, ArticleFromJournal
Publication indicators WoS Citations = 1; Scopus SNIP (Source Normalised Impact per Paper): 2016 = 0.057; WoS Impact Factor: 2016 = 0.091 (2) - 2016=0.216 (5)
Citation count*4 (2020-09-13)
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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