Notice of RetractionChoice of Joint Venture versus Wholly-Owned Overseas Subsidiary: The Role of External Environment and Firm Capabilities

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

This study analyzes the influence of external environment and firm capability on the entry model choice of international joint ventures (IJV) versus wholly-owned enterprise (WOE) abroad. Our results show that host countries´ high risks and stubborn industrial barrels will lead to Chinese MNEs to prefer to choose IJVs; However, Factors from home country have little impaction on the behaviors of Chinese MNEs; Unlike the the MNEs from developed countries, Chinese MNEs with high R&D intensity are more likely to choose the model of cooperation. When using the model of international acquisition, Chinese investors like to acquire partial equities of the targets.