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The preliminary stages

In: Foreign Direct Investment by Smaller UK Firms: The Success and Failure of First-Time Investors Abroad

Author

Listed:
  • Peter J. Buckley

    (University of Bradford)

  • Gerald D. Newbould

    (Cleveland State University)

  • Jane C. Thurwell

    (Philips International)

Abstract

The previous chapter laid down criteria by which overseas production subsidiaries might be judged. Using these criteria for the forty-three overseas production subsidiaries in the sample, the criteria gave an overall success, rating for each of the subsidiaries. (See summary in Table 3.9, page 35.) This chapter and the subsequent four chapters will match these success ratings against the particular decisions and actions taken in connection with each of the overseas production subsidiaries. For example, is success related to the route which led to the setting up of an overseas production subsidiary? Does it matter that some firms went straight from exporting to overseas production while others followed the more cautious route of exporting, appointing an agent and setting up an overseas sales subsidiary before taking the plunge into overseas production? These pre-investment factors and the levels of success are the concern of this chapter, and the subsequent chapters concentrate upon success related to the planning stages of the investment, to the investment itself, to the operational controls on the project once in operation, and to the problems found and lessons learned.

Suggested Citation

  • Peter J. Buckley & Gerald D. Newbould & Jane C. Thurwell, 1988. "The preliminary stages," Palgrave Macmillan Books, in: Foreign Direct Investment by Smaller UK Firms: The Success and Failure of First-Time Investors Abroad, chapter 4, pages 43-68, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-08231-5_4
    DOI: 10.1007/978-1-349-08231-5_4
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