Overview

The late 1980s and early 1990s saw a rapid increase in the levels of Korean global foreign direct investment (FDI); this escalation of FDI activity was particularly evident in Europe, where the 'Big Three' consumer electronics companies established extensive sales and manufacturing networks. This book examines this phenomenon, both in the context of the theoretical debate concerning so-called 'reverse' or 'upstream' investment by newly industrialised countries, and in the context of the macroeconomic and political/diplomatic factors underlying the decision to relocate overseas. The book addresses the following questions: firstly, did Korean consumer electronics companies investing in Europe do so on the basis of, or in the absence of, a firm-specific monopolistic advantage? Secondly, did this investment take place on the basis of information within the Korean electronics industry? Thirdly, what role have Europe's locational advantages played in attracting Korean investment, and finally, what evidence is there that the 'Big Three' exhibited 'follow-the-leader' patterns of investment, as might be expected in a highly oligopolistic industry?

Full Product Details

Author:   Judith Cherry
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Volume:   10
Dimensions:   Width: 15.60cm , Height: 2.50cm , Length: 23.40cm
Weight:   0.630kg
ISBN:  

9780700714803

ISBN 10:   0700714804
Pages:   256
Publication Date:   21 December 2000
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Introduction; Chapter One A Historical Overview of the Development of the Theory of Foreign Direct Investment and the Multinational Enterprise; Chapter Two Foreign Direct Investment Theory: The Korean Perspective; Chapter Three The Economic Context: The Republic of Korea (1948–1997); Chapter Four The Development and Characteristics of the Korean Consumer Electronics Industry; Chapter Five Korean Foreign Direct Investment; Chapter Six Korea's Relations with Europe: An Overview; Chapter Seven Korean Foreign Direct Investment in Europe; Chapter Eight Korean Consumer Electronics Investment in Europe: A Theoretical/Macroeconomic Perspective; Chapter 9 Summary and Conclusions; Chapter 10 Postscript: The Chaebŏl and the Korean Economy in the 'IMF era';

Reviews

'A useful quick reference guide.' - International Institute of Asian Studies 'Provides much-needed contextual information in a number of key areas.' - Korea Journal

'A useful quick reference guide.' - International Institute of Asian Studies 'Provides much-needed contextual information in a number of key areas.' - Korea Journal

Author Information

Judith Cherry

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