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The Role of Chinese and Indian-Owned Multinational Firms in the Global Economy

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China-India Relations

Part of the book series: Understanding China ((UNCHI))

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Abstract

The expansion of the Chinese and Indian firms’ global footprints in recent years reveal their growingly evident strategic intent and emerging capability, and calls for the need to (re)examine how emerging multinational enterprises’ (EMNEs) internationalization strategies could be conceptualized with implications for human resource management (HRM). This chapter reviews patterns and strategies of internationalisation of Chinese and Indian firms. It assesses their role in the global economy by, for example, leading innovation in products and services. The chapter also identify challenges they are likely to encounter in entering and performing in the global market, as well as implications for organisational and HRM capability building. We identify a set of research avenues for future investigation to shed light on how institutional and cultural factors at various levels and Chinese and Indian multinationals’ strategy may impact various aspects of HRM practices. Further, the likelihood of collaborative business development initiatives between Chinese & Indian multinationals will be considered with reference to the potential impacts on the global economy.

For the purpose of this chapter, China and India are listed in alphabetical order without placing one country above the other.

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Authors and Affiliations

  1. Monash University, Melbourne, VIC, Australia

    Fang Lee Cooke & Geoffrey Wood

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  1. Fang Lee Cooke
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  2. Geoffrey Wood
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Correspondence to Fang Lee Cooke .

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  1. Business School, University of Greenwich, London, UK

    Young-Chan Kim

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Cooke, F.L., Wood, G. (2020). The Role of Chinese and Indian-Owned Multinational Firms in the Global Economy. In: Kim, YC. (eds) China-India Relations. Understanding China. Springer, Cham. https://doi.org/10.1007/978-3-030-44425-9_6

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