Impact of Political Connection Strength on the Internationalization Outcome of Chinese Firms: Perspectives from Market Exploration and Technology Acquisition

Although the role of a home country’s government in firms’ internationalization processes has been investigated, there is a gap in the literature concerning the effectiveness of the government’s effort. Based on the data of 1996 Chinese listed firms, this study investigates how the strength of Chinese firms’ political connection with their home country government impacts the outcomes of their internationalization activities. These activities are...