Determinants of Korean Overseas Manufacturing Investment
(주)코리아스칼라
- 최초 등록일
- 2023.04.05
- 최종 저작일
- 1999.06
- 28페이지/ 어도비 PDF
- 가격 6,700원
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서지정보
ㆍ발행기관 : 한국국제경영학회
ㆍ수록지정보 : 국제경영연구 / 9권 / 2호
ㆍ저자명 : 박영렬
영어 초록
This study offers the first large scale finn-Ievel study of the factors which influence Korean firms to manufacture abroad. By and large, my results support the predictions of the modem theory of FDI, which combines location and transaction costs variables. Size of target market and labor costs have the expected impact, though trade barriers do not. Technological intensity is a strong determinant of Korean FDI, as in the case of American, Swedish and ]apanese firms. One remaining difference, though, is in the impact of adveπising expenditures. Previous experience gained by Korean firms as well as group-affiliated firms showed strong impacts on Korean firms propensity of overseas manufacturing investment. Political stability of target market incites Korean investors to undertake FDI there, however, culturaI difference does not.
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