title: Asset-seeking investment by Chinese multinationals: Firm ownership, location,and entry mode

authors: Liu, Jie

subjects: outward foreign direct investment

abstract: Chinese outward foreign direct investment (FDI), although still emergent, is rapidly growing, widely dispersed amongst host locations, and increasingly driven by asset-seeking motives. However, characteristics of Chinese Multinational Enterprises (MNEs) differ considerably – not only from counterparts in the West, but also within China’s institutional environment. Drawing on a survey of Chinese MNEs, the paper investigates differences in asset-exploratory behaviour by location and ownership. The results reveal Chinese MNEs are motivated to invest in specific locations for asset exploration: strategic assets in North America, relational assets in Asia, and natural assets in Latin American and Australasia. State-owned enterprises are more likely to possess experiential advantages and to invest for strategic asset-seeking motives, whereas non-state-owned enterprises invest to seek relational assets. Chinese MNEs with advantages relating to technology and experience are more likely to employ full-control modes of entry than those with advantages relating to guanxi. Implications for policy and practice are discussed.

text: Asset-seeking investment by Chinese multinationals: Firm ownership, location,and entry mode Chinese outward foreign direct investment (FDI), although still emergent, is rapidly growing, widely dispersed amongst host locations, and increasingly driven by asset-seeking motives. However, characteristics of Chinese Multinational Enterprises (MNEs) differ considerably – not only from counterparts in the West, but also within China’s institutional environment. Drawing on a survey of Chinese MNEs, the paper investigates differences in asset-exploratory behaviour by location and ownership. The results reveal Chinese MNEs are motivated to invest in specific locations for asset exploration: strategic assets in North America, relational assets in Asia, and natural assets in Latin American and Australasia. State-owned enterprises are more likely to possess experiential advantages and to invest for strategic asset-seeking motives, whereas non-state-owned enterprises invest to seek relational assets. Chinese MNEs with advantages relating to technology and experience are more likely to employ full-control modes of entry than those with advantages relating to guanxi. Implications for policy and practice are discussed.

year: 2011

title: James Alexander Pond: an Auckland chemist involved in mining

authors: Hart, Philip

abstract: Born in London, James Alexander Pond arrived in New Zealand at the age of 18. With a background in chemistry, he was interested in scientific topics from an early age. Although his first experience of life in the colony was as a small farmer, from 1868 onwards he was involved in mining, first at Thames, an involvement that would continue for the rest of his life.
After becoming a chemist in Auckland in the 1860s, he was appointed a public analyst two decades later. From the 1880s onwards he was involved in a wide range of scientific investigations, and was active in the New Zealand and Auckland Institutes. Much of his research was intended to assist farmers. He invented a butter box that was so successful that his patent was stolen in Victoria, and the private company that manufactured them was very profitable. Like others with fond memories of ‘Home’, he assisted acclimatization.
One of his many scientific interests was geology, which involved his assaying ore and assisting mining on many fields; he was an early enthusiast for the use of cyanide in treating ore. From 1880 onwards he was associated, on and off, with mining in the Te Aroha district, analyzing its ore, being consulted about treatment processes, and from 1888 onwards acquiring interests in claims. Other mining investments covered most of the Hauraki fields. From 1907 onwards, he was involved in two under-capitalized failures at Waiorongomai, the Waitawheta Gold Prospecting Company and the Waitawheta Gold Mining Company. Subsequently he invested in the Bendigo mine and battery there, which was no more successful. He introduced the oil flotation process to this battery, which he would retain (because he could not sell it) until his death. Although participating in the renewed mining of the district during the Depression, his mining was minimal, and although he died a relatively well-off man, this was not because of his involvement in Te Aroha mining.

text: James Alexander Pond: an Auckland chemist involved in mining Born in London, James Alexander Pond arrived in New Zealand at the age of 18. With a background in chemistry, he was interested in scientific topics from an early age. Although his first experience of life in the colony was as a small farmer, from 1868 onwards he was involved in mining, first at Thames, an involvement that would continue for the rest of his life.
After becoming a chemist in Auckland in the 1860s, he was appointed a public analyst two decades later. From the 1880s onwards he was involved in a wide range of scientific investigations, and was active in the New Zealand and Auckland Institutes. Much of his research was intended to assist farmers. He invented a butter box that was so successful that his patent was stolen in Victoria, and the private company that manufactured them was very profitable. Like others with fond memories of ‘Home’, he assisted acclimatization.
One of his many scientific interests was geology, which involved his assaying ore and assisting mining on many fields; he was an early enthusiast for the use of cyanide in treating ore. From 1880 onwards he was associated, on and off, with mining in the Te Aroha district, analyzing its ore, being consulted about treatment processes, and from 1888 onwards acquiring interests in claims. Other mining investments covered most of the Hauraki fields. From 1907 onwards, he was involved in two under-capitalized failures at Waiorongomai, the Waitawheta Gold Prospecting Company and the Waitawheta Gold Mining Company. Subsequently he invested in the Bendigo mine and battery there, which was no more successful. He introduced the oil flotation process to this battery, which he would retain (because he could not sell it) until his death. Although participating in the renewed mining of the district during the Depression, his mining was minimal, and although he died a relatively well-off man, this was not because of his involvement in Te Aroha mining.

year: 2016

title: The use of functionalised biochar to enhance phosphorus removal in woodchip bioreactors. The integration of mātauranga Māori to enhance the cultural aspects of woodchip bioreactors.

authors: Taoho, Brandon

subjects: Woodchip bioreactor

abstract: Nutrient pollution, resulting from excessive releases of nitrogen (N) and phosphorus (P) into waterways, poses a significant threat to aquatic ecosystems worldwide. Elevated nutrient levels can result in eutrophication, which can have detrimental effects on the health of waterbodies and their biota. Woodchip bioreactors are effective, edge-of-field technologies that can help mitigate nutrient pollution by lowering nutrient concentrations in agricultural drainage systems known to carry leached N and P into waterways. However, one limitation to their design is their ineffectiveness at removing P. The inclusion of functionalised biochar is one potential solution to enhance P removal in woodchip bioreactors. There is a growing need to mitigate nutrient pollution in New Zealand that does not depend on a western-centric perspective only. Integration of mātauranga Māori and western science into the design and operations of a woodchip bioreactor is one approach to incorporate both knowledge systems to the goal of mitigating nutrient pollution. In this dissertation, a column experiment was used to compare the P removal efficiencies of two treatments of functionalised biochar, and one treatment of woodchips when subjected to stream water spiked with P. Subsequently, a single phosphate extraction was done to determine the phosphate absorption capacities of each treatment. The results showed that the two functionalised biochar treatments had the highest efficacy in reducing P concentrations in the P-spiked stream water compared to the woodchip-only treatment. Both treatments also showed higher P absorption, evidenced from the Fe-P/Feox ratio, within the phosphate extraction experiment. A wānanga was organised at Matahuru Marae, Lake Waikare, to share mātauranga Māori on how to culturally enhance woodchip bioreactors from a Te Ao Māori perspective. Participants recommended that native woodchips be incorporated into woodchip bioreactors because of their inherent association to the land and people. Overall, the results implied that functionalised biochar is an effective solution to enhance P removal in woodchip bioreactors due to their biophysical properties to absorb and retain P. Secondly, incorporating native woodchips into woodchip bioreactors systems potentially offers a sustainable and culturally respected alternative to conventional wood chips, aligning with Māori values and tikanga

text: The use of functionalised biochar to enhance phosphorus removal in woodchip bioreactors. The integration of mātauranga Māori to enhance the cultural aspects of woodchip bioreactors. Nutrient pollution, resulting from excessive releases of nitrogen (N) and phosphorus (P) into waterways, poses a significant threat to aquatic ecosystems worldwide. Elevated nutrient levels can result in eutrophication, which can have detrimental effects on the health of waterbodies and their biota. Woodchip bioreactors are effective, edge-of-field technologies that can help mitigate nutrient pollution by lowering nutrient concentrations in agricultural drainage systems known to carry leached N and P into waterways. However, one limitation to their design is their ineffectiveness at removing P. The inclusion of functionalised biochar is one potential solution to enhance P removal in woodchip bioreactors. There is a growing need to mitigate nutrient pollution in New Zealand that does not depend on a western-centric perspective only. Integration of mātauranga Māori and western science into the design and operations of a woodchip bioreactor is one approach to incorporate both knowledge systems to the goal of mitigating nutrient pollution. In this dissertation, a column experiment was used to compare the P removal efficiencies of two treatments of functionalised biochar, and one treatment of woodchips when subjected to stream water spiked with P. Subsequently, a single phosphate extraction was done to determine the phosphate absorption capacities of each treatment. The results showed that the two functionalised biochar treatments had the highest efficacy in reducing P concentrations in the P-spiked stream water compared to the woodchip-only treatment. Both treatments also showed higher P absorption, evidenced from the Fe-P/Feox ratio, within the phosphate extraction experiment. A wānanga was organised at Matahuru Marae, Lake Waikare, to share mātauranga Māori on how to culturally enhance woodchip bioreactors from a Te Ao Māori perspective. Participants recommended that native woodchips be incorporated into woodchip bioreactors because of their inherent association to the land and people. Overall, the results implied that functionalised biochar is an effective solution to enhance P removal in woodchip bioreactors due to their biophysical properties to absorb and retain P. Secondly, incorporating native woodchips into woodchip bioreactors systems potentially offers a sustainable and culturally respected alternative to conventional wood chips, aligning with Māori values and tikanga

year: 2023