Exploring South Korean FDI motives and state-level dynamic views of location decisions

Jae Yeon Kim*, Myropi Garri, Malcolm Beynon, David Pickernell

*Corresponding author for this work

Research output: Contribution to conferenceAbstractpeer-review


This study uses a novel application of panel fuzzy-set Qualitative Comparative Analysis (fsQCA) in the International Management (IM) 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. We argue that a variety of home country perspectives, combined with a desire for technological upgrading, encouraged firms to seek complex locational advantages with regional characteristics, rather than investment being for a single purpose over time, revealing contextual specificities that allow a typology of reasons for Korean FDI to be developed. We show the 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 in order to foster economic development.
Original languageEnglish
Publication statusPublished - 4 Aug 2023
Event83rd Annual Meeting of the Academy of Management: Putting the Worker Front and Center - Boston, Massachusetts, United States
Duration: 4 Aug 20238 Aug 2023


Conference83rd Annual Meeting of the Academy of Management
Country/TerritoryUnited States
CityBoston, Massachusetts
Internet address


  • Internationalization Process
  • International Entrepreneurship
  • Other Aspects of Entrepreneurship and Innovation

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