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The comparative study of United States and Japanese direct foreign investment in Korean manufacturing industry

In, Hae Uck

Description

The purpose of this thesis is to inquire into the significant features of United States Direct Foreign Investment (DFI) and Japanese DFI in Korean manufacturing industry and to compare the determinants, motivating factors, and technology transfer associated with DFI. The hypothesis put forward by Kojima provides a theoretical framework to test. This study examines three propositions derived from Kojima's work. First, Kojima observed that United States DFI is domestic-market-oriented and...[Show more]

dc.contributor.authorIn, Hae Uck
dc.date.accessioned2017-10-05T01:05:17Z
dc.date.available2017-10-05T01:05:17Z
dc.identifier.otherb1206675
dc.identifier.urihttp://hdl.handle.net/1885/129614
dc.description.abstractThe purpose of this thesis is to inquire into the significant features of United States Direct Foreign Investment (DFI) and Japanese DFI in Korean manufacturing industry and to compare the determinants, motivating factors, and technology transfer associated with DFI. The hypothesis put forward by Kojima provides a theoretical framework to test. This study examines three propositions derived from Kojima's work. First, Kojima observed that United States DFI is domestic-market-oriented and Japanes DFI is export-oriented ln Korean manufacturing industry. Second, it is shown that DFI in Korea by United States firms, especially by the large oligopolistic firms, is undertaken mostly to exploit non-marketable, firm-specific advantage in production technology, management and marketing. However, Japanese DFI is undertaken primarily to exploit an advantage in location-specific marketing skill as well as non-marketable and firm-specific. Third, Kojima (hypothesis III) suggests that the United States level of technology transfer is higher than that of Japan. Methodology: SPSS (Statistical Package for the Social Sciences) was used to find out whether or not there is a significant difference between the United States level of technology transfer and the Japanese level of technology transfer. The main focus of the case study of the machinery industry is given to tabulating and crosstabulating countrY-by-technology level, countryby- contents of technology transfer and country-by-periods by using the SPSS technique. Signficant results can also be drawn from the empirical test. First, the results are consistent with Kojima's observation that United States DFI is domestic-market-oriented and Japanese DFI is export-oriented in Korean manufacturing industry. Second, it is known that an advantage in locationspecific marketing skill is not a significant condition for Japanese DFI. Third, it appears that the major determinants of technology level by DFI depends not only on firm-specificity but also (a) investment climate of the investing country, United States or Japan (b) technology level of the host country (c) comparative advantage in the host country (d) demand, market size of the host country (e) industrial policy of the host government and the investment climate of the host country. These are some of the factors which would have to be taken into account beyond those identified by Kojima.
dc.format.extentviii, 77 1eaves
dc.format.mimetypeapplication/pdf
dc.language.isoen_AU
dc.publisherCanberra, ACT : The Australian National University
dc.rightsAuthor retains copyright
dc.subject.lcshInvestments, American Korea
dc.subject.lcshInvestments, Japanese Korea
dc.subject.lcshIndustries Korea
dc.titleThe comparative study of United States and Japanese direct foreign investment in Korean manufacturing industry
dc.typeThesis (Masters sub-thesis)
local.contributor.supervisorDrysdale, Peter
dcterms.valid1980
local.description.notesThesis (M.A.D.E.)--Australian National University, 1980.
local.type.degreeOther
dc.date.issued1980
local.type.statusAccepted Version
local.contributor.affiliationThe Australian National University
local.identifier.doi10.25911/5d73937978f26
dc.date.updated2017-09-08T03:12:27Z
dcterms.accessRightsOpen Access
dcterms.licenseThis thesis has been made available through exception 200AB to the Copyright Act.
local.mintdoimint
CollectionsOpen Access Theses

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