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

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
Pages	47
Number of pages	1
Publication status	Published - 5 Jul 2023
Event	Academy of International Business (AIB) Annual Conference 2023 - Warsaw, Poland Duration: 5 Jul 2023 → 9 Jul 2023 https://www.aib.world/events/2023/

Conference

Conference	Academy of International Business (AIB) Annual Conference 2023
Country/Territory	Poland
City	Warsaw
Period	5/07/23 → 9/07/23
Internet address	https://www.aib.world/events/2023/

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Cite this

Kim, J. Y., Garri, M., Beynon, M., & Pickernell, D. (2023). 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. 47. Abstract from Academy of International Business (AIB) Annual Conference 2023, Warsaw, Poland. https://www.aib.world/events/2023/

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title = "Exploring South Korean foreign direct investment (FDI) motives and state-level dynamic views of location decisions: evidence from South Korean high-technology industries{\textquoteright} FDI in the US: 1995-2008",

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.",

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

year = "2023",

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Kim, JY, Garri, M, Beynon, M & Pickernell, D 2023, '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', Academy of International Business (AIB) Annual Conference 2023, Warsaw, Poland, 5/07/23 - 9/07/23 pp. 47. <https://www.aib.world/events/2023/>

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. / Kim, Jae Yeon; Garri, Myropi; Beynon, Malcolm et al.
2023. 47 Abstract from Academy of International Business (AIB) Annual Conference 2023, Warsaw, Poland.

Research output: Contribution to conference › Abstract › peer-review

TY - CONF

T1 - 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

AU - Kim, Jae Yeon

AU - Garri, Myropi

AU - Beynon, Malcolm

AU - Pickernell, David

PY - 2023/7/5

Y1 - 2023/7/5

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.

M3 - Abstract

SP - 47

T2 - Academy of International Business (AIB) Annual Conference 2023

Y2 - 5 July 2023 through 9 July 2023

ER -