This book addresses the fundamental question why and under which conditions Korean firms increased their investment so heavily in the EU after 1986 and why they and not the Korean government took the initiative in the decision-making process.
The author contends that the main reason for the firm's departure from government policy is the belief of the Korean government that national competitiveness, which largely affects the country's standard of living, is determined by the success of local firms in global competition. The author substantiates his argument by supplying comprehensive surveys of twenty-six Korean consumer electronics firms and concomitant interviews with senior managers in nine of these. The empirical material suggests that Korean consumer electronics firms were principally motivated by their need to seek market security through a 'globalization' strategy.
By:
Shin Sang-Hyup
Imprint: Routledge
Country of Publication: United Kingdom
Volume: v.10
Dimensions:
Height: 234mm,
Width: 156mm,
Spine: 16mm
Weight: 566g
ISBN: 9780415163033
ISBN 10: 041516303X
Series: Routledge Studies in International Business and the World Economy
Pages: 256
Publication Date: 13 August 1998
Audience:
College/higher education
,
Professional and scholarly
,
Professional & Vocational
,
A / AS level
,
Further / Higher Education
Format: Hardback
Publisher's Status: Active
List of figures, List of tables, Preface, Acknowledgements, List of abbreviations, 1 Korean economic development and the importance of the EU market to Korean consumer electronics firms, 2 Overview of Korean FDI, 3 The policy and perspective of the Korean government towards outward FDI, 4 The relationship between government and business in Korea, 5 The impact of EU policies on FDI by Korean electronics firms in the EU member states, 6 EU trade policies (common commercial policy), 7 Incentive systems of each EU member state, 8 The FDI of Korean consumer electronics firms in the EU: empirical survey, 9 Conclusion, Notes, Bibliography, Index