The intangible assets conducive to foreign investment derive not from research but from marketing networks and production skills. The factors most affecting foreign investment in Asia include the human capital of the hosts, the behavior of competitors, and whether earnings can be repatriated....

Using a specially designed survey, the authors identify the characteristics of Japanese firms likely to invest world wide and in key Asian countries and country characteristics associated with Japanese investment in Asia. Investment abroad is related negatively to research and development (R&D)...

This paper studies the choice by Japanese multinationals of Asia and of specific Asian countries as investment destinations. High costs in Japan exert a general push towards investing in Asia. Unlike investment in the US and Europe, trade barriers do not drive Asian investment. While domestic...