Foreign direct investment : a global perspective / Hwy-Chang Moon.

Format:

Book

Author/Creator:

Mun, Hwi-chʻang, author.

Language:

English

Subjects (All):

Investments, Foreign.

International business enterprises.

Physical Description:

1 online resource (216 p.)

Place of Publication:

Hackensack, New Jersey : World Scientific, 2016.

Language Note:

English

Summary:

"Foreign Direct Investment (FDI) studies have evolved as one of the mainstreams in business strategy. This book presents a comprehensive perspective on the motivations behind the studies, the effects of FDI, and how it can be utilized and extended to other areas of studies. Written with a global perspective, this book not only touches upon business strategies but also covers government policies toward promoting and attracting FDI for industrial and economic development. The author, with his vast experience in consulting and research projects for multinational companies, international organizations and governments, examines real world business practices of Eastern firms and how they relate to their Western counterparts, thus making this book a valuable and practical reference not only for students, but for practitioners, too."-- Provided by publisher.

Contents:

Contents; Preface; Introduction; Chapter 1 International Players: From Western Multinationals to Global Firms; Summary; 1.1. National Interest vs. National Allegiance; 1.2. Global Diversification of FDI; 1.3. Globalization vs. Regionalization; 1.4. Different Types of Global Strategy and Global Firms; 1.5. Psychic Distances and New Geography; 1.5.1. Perlmutter's Cultural Aspects; 1.5.2. Hofstede's Cultural Dimensions6; 1.5.3. Moon's OUI Model; 1.6. Conclusion; Chapter 2 International Business Strategy: From Trade to FDI; Summary; 2.1. Two Means of International Transactions; 2.1.1. Trade1

2.1.2. FDI2.2. Determinants of National Competitiveness; 2.3. Economic Perspectives; 2.3.1. Market Disequilibrium Hypothesis; 2.3.2. Government-Imposed Market Distortions; 2.3.3. Market Structure Imperfections; 2.3.4. Transaction Cost-Based Imperfections; 2.3.5. Internalization Theory; 2.3.6. Market Imperfections as Foundations to FDI; 2.4. Business Perspectives; 2.4.1. Resource-Based View (Static View ); 2.4.2. Learning Capability (Dynamic View ); 2.5. Network and Relational View; 2.6. Institutional View; 2.7. Conclusion

Chapter 3 The Western Perspective on FDI: From Market Failure to OLI ParadigmSummary; 3.1. Dunning's OLI Paradigm; 3.1.1. Ownership Advantage; 3.1.2. Location Advantage; 3.1.3. Internalization Advantage; 3.2. Analysis and Extension of the Eclectic (OLI) Paradigm; 3.2.1. Independent or Inter-dependent?; 3.2.2. OLI Paradigm, Alliance Capitalism and Institutional View; 3.2.3. Eclectic Perspective of the OLI Paradigm; 3.3. Motivations of FDI8; 3.4. Conclusion; Chapter 4 The Global Perspective on FDI: From OLI Paradigm to Imbalance Theory; Summary; 4.1. The Imbalance Theory

4.2. Blessings in Disguise4.2.1. Advantages of Latecomers; 4.2.2. A New Perspective on the Source of Competitive Advantage; 4.3. Extended Motivations of FDI; 4.4. Conclusion; Chapter 5 FDI Impacts on Country: From Negative to Positive Perspective; Overview; 5.1. Government Perceptions on FDI; 5.1.1. Radical Protectionism; 5.1.2. Free Market View; 5.1.3. Pragmatic Nationalism; 5.2. Home-Country Effects; 5.2.1. Capital Transfer; 5.2.2. Trade; 5.2.3. Employment and Wage; 5.2.4. Industry and Cluster; 5.2.5. Reverse Technology and Knowledge Transfer; 5.3. Host-Country Effects

5.3.1. Capital Transfer5.3.2. Trade; 5.3.3. Employment and Wage; 5.3.4. Industry and Competition; 5.3.5. Technology and Innovation; 5.4. Conclusion; Chapter 6 FDI and Cluster: From Local to Global Link; Summary; 6.1. The Role of Location; 6.2. Existing Theories on Clusters; 6.3. FDI and Cluster; 6.4. Need for a New Cluster Development Model; 6.4.1. Static vs. Dynamic; 6.4.2. Domestic vs. International; 6.5. Four-Stage Model for Cluster Evolution2; 6.5.1. Stage 1: Regional Cluster; 6.5.2. Stage 2: Regional-Linking Clusters; 6.5.3. Stage 3: International-Linking Clusters

6.5.4. Stage 4: Global-Linking Cluster

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

981-4583-61-8