Foreign Entry Strategies and Sequential Foreign Direct Investment in China by Korean Firms

• 영문명: Foreign Entry Strategies and Sequential Foreign Direct Investment in China by Korean Firms
• 발행기관: 한국무역연구원
• 저자명: Tae-Koo Kang
• 간행물 정보: 『무역연구』제8권 제2호, 173~196쪽, 전체 24쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2012.06.30

영문 초록

The objective of this study is to find out the relationship between firms’ initial and sequential Foreign Direct Investment(FDI) decisions by using a sample of 103 manufacturing firms in Korea assuming that a firm’s decision on its initial FDI in China would have considerable influence on its sequential FDI. The results of the statistical analyses provide support for the timing of initial entry; control in initial entry; the interaction effect of the timing of initial entry and control in initial entry; and the interaction effect of the timing of initial entry and resource commitment in initial entry at the 5% level but not for resource commitment in initial entry. In particular, early entrants were more likely to consider early sequential FDI in China. In addition, firms using wholly owned subsidiary(WOS) for their initial entry into China were less likely to consider early sequential FDI. Further, early entrants using WOS for their initial entry were less likely to consider early sequential FDI than late comers. Finally, the relationship between resource commitment and the likelihood/speed of sequential FDI was stronger for early entrants than for late ones.

목차

Abstract

Ⅰ. Introduction

Ⅱ. THEORETICAL BACKGROUND

Ⅲ. HYPOTHESES DEVELOPMENT

Ⅳ. EMPIRICAL METHODS

Ⅴ. EMPIRICAL RESULTS AND DISCUSSION

Ⅵ. SUMMARY AND CONCLUSIONS

Reference

키워드

Foreign Market Entry Sequential Investment in China Initial/Sequential Investment