Exploring South Korean foreign direct investment (FDI) motives and state-level dynamic views of location decisions: evidence from South Korean high-technology industries’ FDI in the US: 1995-2008

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
Number of pages1
Publication statusPublished - 5 Jul 2023
EventAcademy of International Business (AIB) Annual Conference 2023 - Warsaw, Poland
Duration: 5 Jul 20239 Jul 2023


ConferenceAcademy of International Business (AIB) Annual Conference 2023
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