Globalization of Chinese Firms Theoretical Universalism or Particularism
探讨研究中国企业全球化时应采用西方理论、本土理论还是混合方法,并评述了三篇采用混合方法的文章,认为没有单一理论能垄断解释,东方理论未来潜力巨大。
Research on the globalization of Chinese and other emerging markets' companies has only just begun and is on the verge of taking off. As it does so, additional thought should be given to the ontological and epistemological underpinnings of the theories attempting to capture the phenomenon. Should Western-centric theory prevail? Be adapted? Or abandoned in favour of new indigenous approaches to theorizing, based on context? Finally, should the context itself be the basis of theorizing? While the debate will not stop here, the future may hold a multiplicity of approaches, both indigenous and internationalized, for explaining emerging markets' contexts and, more specifically, for understanding internationalization of their economies and their multinationals. This article provides an overview of the debate on Chinese Theory of Business vs. Theory of Chinese Business, and highlights the contribution of three key articles utilizing a hybrid approach of adapted theory, controlling for the various multinational contexts. We conclude that no theory has a monopoly on explanation and a multi-levelj multidisciplinaiy, and, perhaps, Eastern-centric theory may prove to show great potential in future theories of emerging markets' multinationals.