No Cover Image

Journal article 63 views 8 downloads

Exploring South Korean Foreign Direct Investment Motives and State-Level Location Decisions: US Evidence 1995-2008

David Pickernell Orcid Logo, Jae Kim Orcid Logo, Myropi Garri Orcid Logo, Malcolm Beynon Orcid Logo

Thunderbird International Business Review

Swansea University Authors: David Pickernell Orcid Logo, Jae Kim Orcid Logo

  • Korean FDI in the USA Thunderbird Accepted.pdf

    PDF | Accepted Manuscript

    Author accepted manuscript document released under the terms of a Creative Commons CC-BY licence using the Swansea University Research Publications Policy (rights retention).

    Download (1.88MB)

Check full text

DOI (Published version): 10.1002/tie.22433

Abstract

This study uses a novel application of panel fuzzy-set Qualitative Comparative Analysis (fsQCA) in the International Management field. Specifically, using a unique database that captures sub-industrial Foreign Direct Investment (FDI), as well as its location, we explain location decisions of high-te...

Full description

Published in: Thunderbird International Business Review
ISSN: 1096-4762 1520-6874
Published: Wiley
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa68588
Abstract: This study uses a novel application of panel fuzzy-set Qualitative Comparative Analysis (fsQCA) in the International Management field. Specifically, using a unique database that captures sub-industrial Foreign Direct Investment (FDI), as well as its location, we explain location decisions of high-technology South Korean (henceforth Korean) Multinational Enterprises (MNEs), when first entering the USA, in the period from 1995 up until the 2008 financial crisis. A variety of home country conditions, combined with a desire for technological upgrading, encouraged firms to seek locational advantages. Additionally, regional characteristics, rather than FDI being for a single purpose over time, allow a typology of reasons for Korean FDI to be developed. We show evolving trends of Korean FDI in the US with home country and regional perspectives interacting to attract FDI into US states with different characteristics and argue this is consistent with US policy which seeks to attract inward investment to foster economic development.
Item Description: In press - Forthcoming
College: Faculty of Humanities and Social Sciences
Funders: Swansea University