The Korean Manufacturing Multinationals
As an extensive of the export-led growth of national economy overseas, direct investment by Korean multinationals has been rapidly increased. This article explores the development of the overseas manufacturing direct investment by Korean firms and the relationship between parent firms and overseas affiliates. Three main issues are discussed: the ownership-specific assets, location-specific factors, and government policies are the important sets of variables that help to explain the internationalization of the Korean firms in the manufacturing sector, the nature of technology transfer by Korean multinationals to their subsidiaries, and the benefits as a result of its overseas investment to Korean. The data for this study were gathered through structured interviews with the parent companies of 18 out of 21 manufacturing overseas subsidiaries and joint ventures formed by Korean forms.© 1984 JIBS. Journal of International Business Studies (1984) 15, 45–61
Year of publication: |
1984
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Authors: | Kumar, Krishna ; Kim, Kee Young |
Published in: |
Journal of International Business Studies. - Palgrave Macmillan, ISSN 0047-2506. - Vol. 15.1984, 1, p. 45-61
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Publisher: |
Palgrave Macmillan |
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