European Integration and Foreign Direct Investment in the EU: The Case of the Korean Consumer Electronics Industry [NOOK Book]

Overview

This book addresses the fundamental question why and under which conditions Korean firms increased their investment so heavily in the EU after 1986 and why they and not the Korean government took the initiative in the decision-making process.
The author contends that the main reason for the firm's departure from government policy is the belief of the Korean government that national competitiveness, which largely affects the country's standard of living, is determined by the ...
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European Integration and Foreign Direct Investment in the EU: The Case of the Korean Consumer Electronics Industry

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Overview

This book addresses the fundamental question why and under which conditions Korean firms increased their investment so heavily in the EU after 1986 and why they and not the Korean government took the initiative in the decision-making process.
The author contends that the main reason for the firm's departure from government policy is the belief of the Korean government that national competitiveness, which largely affects the country's standard of living, is determined by the success of local firms in global competition. The author substantiates his argument by supplying comprehensive surveys of twenty-six Korean consumer electronics firms and concomitant interviews with senior managers in nine of these. The empirical material suggests that Korean consumer electronics firms were principally motivated by their need to seek market security through a 'globalization' strategy.
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Product Details

Table of Contents

List of figures
List of tables
Preface
Acknowledgements
List of abbreviations
1 Korean economic development and the importance of the EU market to Korean consumer electronics firms 1
2 Overview of Korean FDI 29
3 The policy and perspective of the Korean government towards outward FDI 45
4 The relationship between government and business in Korea 55
5 The impact of EU policies on FDI by Korean electronics firms in the EU member states 86
6 EU trade policies (common commercial policy) 109
7 Incentive systems of each EU member state 139
8 The FDI of Korean consumer electronics firms in the EU: empirical survey 164
9 Conclusion 191
Notes 199
Bibliography 215
Index 230
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