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dc.contributor.authorWang, Daojuan-
dc.contributor.authorWu, Juan-
dc.date.accessioned2021-07-22T11:57:27Z-
dc.date.available2021-07-22T11:57:27Z-
dc.date.issued2021-
dc.identifier.isbn978-0-367-56239-7de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/22829-
dc.description.abstractThis chapter examines the impact of the changing China-EU relations from a comparatively micro-level analysis - a longitudinal study of an international acquisition of a European company by a Chinese company. We investigate the collaboration and value creation dynamics of these two parties, and the evolution and interaction of their country- and firm-specific (dis)advantages following their merger. The findings suggest that: 1) the firm-specific (dis)advantages of these two companies perfectly complement each other, while the influence of country-specific (dis)advantages on their cooperation is channeled through firm-specific (dis)advantages. 2) Previously existing firm-specific (dis)advantages of two companies are significantly improved during the collaboration through several key elements: maintained autonomy of specialities, gradual and moderate resource reconfiguration, trust building over time, and mutual understanding, learning, and compromising. 3) Synergic benefits are mainly created and reaped after several years’ efforts of the Chinese acquirer on bias reduction and trust building. Since firms can be the beneficiaries or victims of government regulations and interstate linkages, policymakers should consider the lessons learned from firm-level international cooperation when creating foreign economic policies and establishing interstate relations. This case study firmly indicates that there is a reciprocal relationship between sound China-EU relations at the macro international level and fruitful business interactions between Chinese and EU companies at the micro-level. However, these relations can only be achieved through bias reduction, trust-building, and mutual accommodation.de_CH
dc.language.isoende_CH
dc.publisherRoutledgede_CH
dc.relation.ispartofChina-EU relations in a new era of global transformationde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subject.ddc330: Wirtschaftde_CH
dc.titleChina-EU economic relations: where to go? : implications from a longitudinal case study of international acquisitionde_CH
dc.typeBuchbeitragde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.publisher.placeOxonde_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.parentwork.editorXing, Li-
zhaw.publication.statuspublishedVersionde_CH
zhaw.publication.reviewEditorial reviewde_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
Appears in collections:Publikationen School of Management and Law

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Wang, D., & Wu, J. (2021). China-EU economic relations: where to go? : implications from a longitudinal case study of international acquisition. In L. Xing (Ed.), China-EU relations in a new era of global transformation. Routledge.
Wang, D. and Wu, J. (2021) ‘China-EU economic relations: where to go? : implications from a longitudinal case study of international acquisition’, in L. Xing (ed.) China-EU relations in a new era of global transformation. Oxon: Routledge.
D. Wang and J. Wu, “China-EU economic relations: where to go? : implications from a longitudinal case study of international acquisition,” in China-EU relations in a new era of global transformation, L. Xing, Ed. Oxon: Routledge, 2021.
WANG, Daojuan und Juan WU, 2021. China-EU economic relations: where to go? : implications from a longitudinal case study of international acquisition. In: Li XING (Hrsg.), China-EU relations in a new era of global transformation. Oxon: Routledge. ISBN 978-0-367-56239-7
Wang, Daojuan, and Juan Wu. 2021. “China-EU Economic Relations: Where to Go? : Implications from a Longitudinal Case Study of International Acquisition.” In China-EU Relations in a New Era of Global Transformation, edited by Li Xing. Oxon: Routledge.
Wang, Daojuan, and Juan Wu. “China-EU Economic Relations: Where to Go? : Implications from a Longitudinal Case Study of International Acquisition.” China-EU Relations in a New Era of Global Transformation, edited by Li Xing, Routledge, 2021.


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