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The Korean Manufacturing Multinationals

Author

Listed:
  • Krishna Kumar

    (International Business Consultant)

  • Kee Young Kim

    (Yonsei University)

Abstract

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

Suggested Citation

  • Krishna Kumar & Kee Young Kim, 1984. "The Korean Manufacturing Multinationals," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 15(1), pages 45-61, March.
    • Handle: RePEc:pal:jintbs:v:15:y:1984:i:1:p:45-61
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    Citations

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    Cited by:

    1. Yoong-Deok Jeon, 1992. "The determinants of Korean foreign direct investment in manufacturing industries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 128(3), pages 527-542, September.
    2. Peter J. Buckley & Adam R. Cross & Hui Tan & Liu Xin & Hinrich Voss, 2008. "Historic and Emergent Trends in Chinese Outward Direct Investment," Management International Review, Springer, vol. 48(6), pages 715-748, December.
    3. Amine Bouyoucef & Sulin Chung, 2015. "The Internationalization Of Chinese Multinationals In The Middle East And Africa: The Case Of Haier," Review of Business and Finance Studies, The Institute for Business and Finance Research, vol. 6(2), pages 59-74.
    4. Eng, Teck-Yong & Spickett-Jones, J. Graham, 2009. "An investigation of marketing capabilities and upgrading performance of manufacturers in mainland China and Hong Kong," Journal of World Business, Elsevier, vol. 44(4), pages 463-475, October.
    5. Tolentino, Paz Estrella, 2008. "The determinants of the outward foreign direct investment of China and India: Whither the home country?," MERIT Working Papers 2008-049, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    6. Frances Fabian & Henry Molina & Giuseppe Labianca, 2009. "Understanding Decisions to Internationalize by Small and Medium-sized Firms Located in an Emerging Market," Management International Review, Springer, vol. 49(5), pages 537-563, October.
    7. Linda Fung‐Yee Ng & Chyau Tuan, 2004. "Does Post‐ante Investment Experience Matter? Lessons from FDI in China," The World Economy, Wiley Blackwell, vol. 27(10), pages 1631-1657, November.
    8. Mohammad Hanif Akhtar, 2003. "An Evaluation of Karachi Export Processing Zone: A Preliminary Investigation," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 42(4), pages 927-940.
    9. Mazouz, Khelifa & Wood, Geoffrey & Yin, Shuxing & Zhang, Mao, 2021. "Comprehending the outward FDI from Latin America and OCED: A comparative perspective," International Business Review, Elsevier, vol. 30(5).
    10. Driffield, Nigel & Jones, Chris & Kim, Jae-Yeon & Temouri, Yama, 2021. "FDI motives and the use of tax havens: Evidence from South Korea," Journal of Business Research, Elsevier, vol. 135(C), pages 644-662.
    11. Nádia Campos Pereira Bruhn & Juciara Nunes de Alcântara & Dany Flávio Tonelli & Ricardo Pereira Reis & Luiz Marcelo Antonialli, 2016. "Why Firms Invest Abroad? A Bibliometric Study on OFDI Determinants from Developing Economies," Global Business Review, International Management Institute, vol. 17(2), pages 271-302, April.
    12. Harun Kaya, 2009. "Unfavorable Business Environment and Foreign Direct Investment Activities of Turkish Manufacturing Firms," Journal of BRSA Banking and Financial Markets, Banking Regulation and Supervision Agency, vol. 3(1), pages 101-118.
    13. Kevin P. Gallagher & Amos Irwin, 2014. "Exporting National Champions: China's Outward Foreign Direct Investment Finance in Comparative Perspective," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(6), pages 1-21, November.

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