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Foreign direct investment by Korean firms : Profile, theory, and implementation

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  • Foreign direct investment by Korean firms
  • Nam, Sang Hoon; Craig, Tim
  • Journal of International Business and Economy


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Title Foreign direct investment by Korean firms
Similar Titles
Sub Title

Profile, theory, and implementation

Material Type Articles
Author(English)

Nam, Sang Hoon; Craig, Tim

Publisher

[Seoul]:Journal of International Business and Economy

Date 2002
Journal Title; Vol./Issue Journal of International Business and Economy:vol. 3(no. 1)
Pages 21
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Financial Policy
Economy < Direct Investment
Holding JIBE

Abstract

This research investigates the current state of foreign direct investment by firms from South Korea. Korean FDI is found to be increasingly diverse in location and purpose; small and medium sized firms are investing primarily in Asia in search of cheap labor, while large firms are investing in major markets worldwide to secure market share and to acquire and develop technology. The applicability of Dunning’s eclectic theory to Korean FDI is discussed, and theoretical refinements concerning ownership advantages are suggested. Implementation challenges involve HRM, and vary according to whether the labor an investment requires is commodity-like or skilled.