중국 진출 한국 기업의 직접투자 성과 결정요인에 관한 실증적 연구 = What Determines the Performance of Korea's FDI in China ?

다국어 초록 (Multilingual Abstract)

This paper is designed to empirically examine what determines the performance of Korea`s foreign direct investment (FDI) in China. Three main determinants are hypothesized to influence the performance of Korea`s FDI. They include technology, internationalization experience, and ownership patterns associated with Korea`s investment in China. Data were collected from surveys with 91 Korean investors. Our empirical analysis suggests that the labor intensify of technology involved in FDI, the appropriateness of manufacturing technology to the local conditions, and the internationalization experiences of the Korean investors influence the investment performance. Our study also found that the level of local ownership did not have an impact on performance; but it was found to be associated with the degree of local sales and the percentage of locally sourced parts and materials.