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

Jae Yeon Kim; Myropi Garri; Malcolm Beynon; David Pickernell

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 conference › Abstract › peer-review

Abstract

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 language	English
Publication status	Published - 4 Aug 2023
Event	83rd Annual Meeting of the Academy of Management: Putting the Worker Front and Center - Boston, Massachusetts, United States Duration: 4 Aug 2023 → 8 Aug 2023 https://aom.org/events/annual-meeting

Conference

Conference	83rd Annual Meeting of the Academy of Management
Country/Territory	United States
City	Boston, Massachusetts
Period	4/08/23 → 8/08/23
Internet address	https://aom.org/events/annual-meeting

Keywords

Internationalization Process
International Entrepreneurship
Other Aspects of Entrepreneurship and Innovation

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

https://www.xcdsystem.com/aom/program/A5p5d1k/index.cfm?pgid=895

Cite this

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title = "Exploring South Korean FDI motives and state-level dynamic views of location decisions",

abstract = "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.",

keywords = "Internationalization Process, International Entrepreneurship, Other Aspects of Entrepreneurship and Innovation",

author = "Kim, {Jae Yeon} and Myropi Garri and Malcolm Beynon and David Pickernell",

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T1 - Exploring South Korean FDI motives and state-level dynamic views of location decisions

AU - Kim, Jae Yeon

AU - Garri, Myropi

AU - Beynon, Malcolm

AU - Pickernell, David

PY - 2023/8/4

Y1 - 2023/8/4

N2 - 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.

AB - 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.

KW - Internationalization Process

KW - International Entrepreneurship

KW - Other Aspects of Entrepreneurship and Innovation

M3 - Abstract

T2 - 83rd Annual Meeting of the Academy of Management

Y2 - 4 August 2023 through 8 August 2023

ER -