I would first like to express my gratitude for my research coordinator, colleagues, and peers and family whose immense and constant support has been a source of continuous guidance and inspiration.
DECLARATION
I [type your full name here], declare that the following dissertation/thesis and its entire content has been an individual, unaided effort and have not been submitted or published before. Furthermore, it reflects my opinion and take on the topic and is does not represent the opinion of the University.
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Dated:
ABSTRACT
The concept of internationalization is a new trend that has transformed new organizational strategic management practices and has increased the level of regional economic integration between the countries of the world. The recent years have marked great benefits in the form of economic growth and business progress for a substantial part of the world, including China whose overseas Outward Foreign Direct Investment (OFDIs) reached a level of $59 billion in inflows. This dissertation is aimed at understanding the motivations and hurdles behind the pursuit of internationalization particularly for Chinese Multinational Enterprises (MNEs). The study incorporates case study analysis for Yanzhou coal mining company along with the analysis of responses from an in-depth phonic interview with the employees of the mining company. We will attempt to study the internationalization of the coal mining enterprise in the global scenario, approaching it in a systematic manner. The study initiates with throwing light on the theoretical background of the internationalization, assessing the main benefits that it offers along with the potential challenges. We will then specify our study direction towards understanding Chinese Enterprises' motivations behind adopting a global presence in the world. We will analyze what makes China so popular among the FDIs genre, emphasizing on the Yanzhou Coal Mining Company that has lately pursued internationalization with high momentum when it acquired Felix strategically. The company stands firm on the international pedestal and we will see how it makes up for all the domestic inefficiencies that may have been encountered in the internal environments.
TABLE OF CONTENTS
ACKNOWLEDGEMENTII
DECLARATIONIII
ABSTRACTIV
CHAPTER 1: INTRODUCTION1
Working Title of Dissertation1
Background of the Research1
Rationale of Study2
Aim / Research Question3
Objectives of Study3
Significance of Study4
Motivations for conducting the Research4
Theoretical Frameworks/Focus of Academic Literature Review5
Potential Difficulties in Research6
CHAPTER 2: OVERVIEW OF CASE STUDY7
Organizational Background for Yanzhou Coal Mining Company Limited7
Yanzhou's Strategic Acquisition of Felix Resources7
CHAPTER 3: LITERATURE REVIEW9
Dunning's Eclectic Paradigm of International Production9
Applying Eclectic Approach to the Discourse12
Porter's Diamond of National Advantage12
Threat of Substitute Products15
Bargaining Power of Buyers15
Potential New Entrants16
Bargaining Power of Suppliers16
Rivalry among Existing Competitors17
Motives for pursuing Foreign Businesses17
Debate on Motives of Internationalization23
Internationalization Process: Reasons and Consequences29
Debate on Barriers of Internationalization30
The Uppsala Internationalization Model33
Stages in Internationalization35
1st Stage of the Occasional Export35
2nd Stage of the Experimental Export35
3rd Stage of the Regular Export35
4th Stage of the Establishment of Sales Subsidiaries36
5th Stage of the Establishment of Production Subsidiaries36
CHAPTER 3: METHODOLOGY38
Overview of Qualitative and Quantitative Research Approaches38
Research Approaches40
Research methods41
Data Collection Methods and Instruments to be Used41
Data Analysis and Interpretation43
Ethical Considerations: Informed Consent and Confidentiality44