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New Aspects of International Subcontracting: Towards the Internationalization of Multinational Corporations

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영문명
발행기관
서울대학교 경제연구소
저자명
Sung-Jo Park
간행물 정보
『Seoul Journal of Economics』Seoul Journal of Economics Volume 2 No.1, 69~85쪽, 전체 16쪽
주제분류
경제경영 > 경제학
파일형태
PDF
발행일자
1989.03.31
4,720

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Theoretical approaches toward the multinational corporations (neoclassical theory of international division of labor, product cycle theory, location theory) seem to insufficiently cover their transnationalization process. In the recent time multinational corporations attempt to organize an efficient international subcontracting, in particular, in automotive and electronic industry with the final goal to establish the Just- In-Time production. Two strategies in this respect are evolving: the one is to transfer domestic subcontractors to the investment region ("internalization of international subcontracting"); the other refers to the set-up of a new international subcontracting system on the spot ("externalization of international subcontracting"). The first strategy favored by East Asian Multinationals implies an extremely high outsourcing ratio which gives rise to a difficult handling of the local content; Western multinationals increasingly regard the second strategy as less competitive, prefering to internalize international subcontracting which is being, however, constrained by the lack of logistic capacity. Taking into consideration trends of the ongoing international subcontracting a new analytical eclectics of theoretical views appears to be necessary.

목차

Abstract
Ⅰ. Internalization and Externalization of Subcontracting
Ⅱ. International Division of Labor versus Intracompany Division of Labor
Ⅲ. Patterns of Intracompany Division of Labor
Ⅳ. The Japanese Case
Ⅴ. Conclusion
References

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APA

Sung-Jo Park. (1989).New Aspects of International Subcontracting: Towards the Internationalization of Multinational Corporations. Seoul Journal of Economics, 2 (1), 69-85

MLA

Sung-Jo Park. "New Aspects of International Subcontracting: Towards the Internationalization of Multinational Corporations." Seoul Journal of Economics, 2.1(1989): 69-85

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