Revisiting FDI Strategies and the Flow of Firm-Specific Advantages: A Focus on State-Owned Enterprises

Plain language summary Research on the motivations driving multinational enterprises to undertake foreign direct investment ( FDI ) has largely ignored state‐owned enterprises ( SOE s). In this article, we consider the unique motivations of SOE s and demonstrate that such organizations are more likely to undertake FDI in host (foreign) countries with the goal of acquiring unique resources and capabilities that can subsequently be returned to the...