우리나라 해외직접투자기업의 성공요인 분석 : Analysis of success factors of our country’s foreign direct investment enterprises : With a focus on success cases of manufacturing industries
- 발행기관 서강대학교 경제대학원
- 지도교수 남준우
- 발행년도 2007
- 학위수여년월 2007. 8
- 학위명 석사
- 학과 및 전공 경제대학원
- 식별자(기타) 000000104249
- 본문언어 한국어
목차
In a world that is going through rapid globalization, our enterprise’s foreign direct investment (FDI) is raising national competitions of enterprises, increasing industry structures, and providing various positive extension effects covering the overall field of economy. Such factors of foreign corporative business conducts are being established as trade revenue and expenditure improvement effects and expansions for imports and exports of in our country. FDI has been established since the 1980s in our country with an emphasis on manufacturing industries, wholesale businesses, and retailing businesses. According to regional investment standards of 2006, investments in Asian regions demonstrated the highest weight of 56.4%. Furthermore, in relation to the structures of our country’s FDI, recent investment weights of major enterprises have shown gradual decreases, while medium and small enterprises have shown a steady increase in investment weight. However, in comparison to the increasing investment items of medium and small enterprises, the investment amount of each item is decreasing, thus demonstrating a characteristic of gradual structural decrease. Investment ratios prefer 100% Sole Venture and, in the case of Joint Venture, a majority stock is preferred. Such tendencies can be explained as measures considering economic regulations.
In order to analyze FDI success factors of case studies, this research has selected success cases from the cases composed by FDI associated administrations within the last 40 years since 1968 when FDI was first started. In order to elevate the trustworthiness of case analyses, only cases composed by FDI associated administrations were selected and, taking into consideration that the major investment enterprise field of our country’s FDI is manufacturing industries, made focused analyses only on success cases of manufacturing industries.
Success cases selected for this research with such criteria were categorized, and then analyzed by investment motive, investment stock percentage, and success factor. In relation to our country’s FDI success factors, cases were sorted by time periods in order to analyze the transition processes of each success factor of the separate time period.
The analyzed success factors of our country are as follows. The development of technology and the business domain of foreign advancement in each time period demonstrated change, from which a major investment motive of market chasing and subsequent success factors were caused to undergo a shift in attributes. Thus, during the time period of intensive labor business advancements, exports to nearby nations were of the main force through the roundabout exportations using low-wage labor and non-quota regions. As a result, positive success factors of localization efforts, continuous management efforts, and export strategies became major issues. Investment motives were of market chasing export intentions with objectives in securing surrounding markets.
However, with the increasing activity of investments by intensive capitalistic and technological enterprises, diverse sales strategy and thorough localization efforts were selected as success factors because of reasons that demonstrated objectives of securing local domestic demand markets that apply comparative superiority. Furthermore, because the main objective was securing local domestic demand markets, market chasing of domestic demand markets became the investment motive.
In addition, the success factor of FDI enterprises in the manufacturing industry field is being influenced on the corresponding industry’s technology, investment motive, and environmental change of time periods. Thus, intensive labor enterprises, with an export-intention market chasing motive and objectives of securing of surrounding markets, need to positively apply exports of abundant local low-wage labor and surrounding markets of manufacturing products, and emphasize efforts of thorough localization and management. In terms of intensive stock and technology enterprises with market chasing of domestic demand intentions and objectives of securing local domestic demand markets, diverse sales strategies and thorough localization efforts must be fulfilled in order to secure domestic demand markets that apply comparative advantage.
목차
In a world that is going through rapid globalization, our enterprise’s foreign direct investment (FDI) is raising national competitions of enterprises, increasing industry structures, and providing various positive extension effects covering the overall field of economy. Such factors of foreign corporative business conducts are being established as trade revenue and expenditure improvement effects and expansions for imports and exports of in our country. FDI has been established since the 1980s in our country with an emphasis on manufacturing industries, wholesale businesses, and retailing businesses. According to regional investment standards of 2006, investments in Asian regions demonstrated the highest weight of 56.4%. Furthermore, in relation to the structures of our country’s FDI, recent investment weights of major enterprises have shown gradual decreases, while medium and small enterprises have shown a steady increase in investment weight. However, in comparison to the increasing investment items of medium and small enterprises, the investment amount of each item is decreasing, thus demonstrating a characteristic of gradual structural decrease. Investment ratios prefer 100% Sole Venture and, in the case of Joint Venture, a majority stock is preferred. Such tendencies can be explained as measures considering economic regulations.
In order to analyze FDI success factors of case studies, this research has selected success cases from the cases composed by FDI associated administrations within the last 40 years since 1968 when FDI was first started. In order to elevate the trustworthiness of case analyses, only cases composed by FDI associated administrations were selected and, taking into consideration that the major investment enterprise field of our country’s FDI is manufacturing industries, made focused analyses only on success cases of manufacturing industries.
Success cases selected for this research with such criteria were categorized, and then analyzed by investment motive, investment stock percentage, and success factor. In relation to our country’s FDI success factors, cases were sorted by time periods in order to analyze the transition processes of each success factor of the separate time period.
The analyzed success factors of our country are as follows. The development of technology and the business domain of foreign advancement in each time period demonstrated change, from which a major investment motive of market chasing and subsequent success factors were caused to undergo a shift in attributes. Thus, during the time period of intensive labor business advancements, exports to nearby nations were of the main force through the roundabout exportations using low-wage labor and non-quota regions. As a result, positive success factors of localization efforts, continuous management efforts, and export strategies became major issues. Investment motives were of market chasing export intentions with objectives in securing surrounding markets.
However, with the increasing activity of investments by intensive capitalistic and technological enterprises, diverse sales strategy and thorough localization efforts were selected as success factors because of reasons that demonstrated objectives of securing local domestic demand markets that apply comparative superiority. Furthermore, because the main objective was securing local domestic demand markets, market chasing of domestic demand markets became the investment motive.
In addition, the success factor of FDI enterprises in the manufacturing industry field is being influenced on the corresponding industry’s technology, investment motive, and environmental change of time periods. Thus, intensive labor enterprises, with an export-intention market chasing motive and objectives of securing of surrounding markets, need to positively apply exports of abundant local low-wage labor and surrounding markets of manufacturing products, and emphasize efforts of thorough localization and management. In terms of intensive stock and technology enterprises with market chasing of domestic demand intentions and objectives of securing local domestic demand markets, diverse sales strategies and thorough localization efforts must be fulfilled in order to secure domestic demand markets that apply comparative advantage.
