• 기술혁신학회지
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• 제13권3호
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• pp.446-458
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• 2010

세계 각국은 과거부터 경제성장과 성장동력의 확보를 위해 꾸준히 외국인직접투자를 유치해왔으며 이는 우리나라도 예외가 아니다. 실제로, 각종 정책적 지원을 통해 양질의 투자를 유치하고 있고, 정부차원에서도 하나의 성과로 홍보하고 있다. 기존의 연구가 대부분 국가경제적 차원에서 외국인직접투자의 성과를 분석하고 있는 것에 그치고 있는 것에 착안, 본 연구는 이러한 외국인직접투자가 기업의 경영성과와 혁신성과에 긍정적인 효과를 미칠 것으로 가정하고 PSM 방법을 통해 실증분석을 하였다. 분석결과 매칭 전에는 외국인직접투자가 경영성과와 혁신성에 모두 양(+)의 효과를 미치는 것으로 나타났으나, 매칭 후에는 모두 통계적 유의성을 상실하여 외국인직접투자가 기업에 미치는 긍정적인 효과가 생각보다 부진하다는 것을 알 수 있었다. 이러한 분석결과는 정부의 외국인직접투자 인센티브 효과가 기대했던 것에 비해 적으며, 추후 정책에 대한 개선이 필요한 것으로 판단할 수 있다.

• 가정과삶의질연구
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• 제29권2호
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• pp.51-62
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• 2011

Financial consumers can invest their financial assets directly or indirectly. This investment type have effect on their financial well-being and may be influenced by their financial characteristics and investment attitude. The purposes of the study were to classify the consumers by direct and indirect investment behavior of their financial assets and to investigate their socio-economic characteristics and investment attitudes to give implications for financial counseling and education. The data came from the 2009 Fund Investors Survey which was conducted by Korea Investors Protection Foundation. Total 2,530 consumers were analyzed using frequency, CROSSTAB, ANOVA and Duncan's multiple range test. In general, consumer tended to be rational in choosing the investment type. Noninvestors consisted of 38.5% of the sample. The economic level was the lowest for the noninvestors. The consumers who invest both indirectly and directly consisted of 21.0% and their economic level was the highest. Their investment tendency was between direct and indirect investors'. The proportion of direct investors ws 12.1% and that of indirect investors was 28.4%. Although the economic levels of indirect investors and direct investors were not statistically different, there were differences in their demographics and investment attitudes. The proportions of those aged 30-39, female and nonmarried were greater for indirect investors. They had the tendency to invest safely and diversely for a long term with reserve money. On the other hand, direct investors tended to be male, married and aged 40-49. They tended to invest intensively for a shorter term and seek returns even with borrowing money.

• 무역학회지
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• 제46권2호
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• pp.337-354
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• 2021

Several previous studies have not been able to derive consistent research results on the impact of the level of corruption in local countries on foreign direct investment. Therefore, in order to suggest that this study should consider the relative level of corruption rather than the level of absolute corruption, 1) first, examine the moderating effect of the absolute level of corruption on the determinants of foreign direct investment, and 2) examine the moderating effect of the relative corruption on the determinants of foreign direct investment. This study collected 9-year data from 2012 to 2020 based on the Corruption Perceptions Index (CPI) published by Transparency International. A total of 549 observations (country-year) from 82 countries were sampled and a generalized estimation equation (GEE) analysis was performed. As a result of empirical analysis, it was found that the moderating effect of absolute corruption did not appear, whereas the moderating effect of relative corruption reversed the negative (-) relationship between cultural distance and foreign direct investment into a positive (+) relationship. Based on these empirical results, this study suggest that Korean companies need to consider the relative level of corruption with Korea instead of the absolute level of corruption of the investee when conducting foreign direct investment.

• 산경연구논집
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• 제12권9호
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• pp.31-42
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• 2021

Purpose: After the reform and opening up, China's overall economic development has entered a new era. From mutual investment and trade transactions between domestic provinces and regions to investment and trade with foreign companies, the continuous supplement of investment funds makes the follow-up development of all aspects of economic development smoother and has played a strong impetus. effect. Foreign direct investment has many influences on the economic development of a country or region. Research design, data and methodology: This article uses the sample data of Shandong Province from 2011 to 2019 to analyze the foreign direct investment in Shandong Province by industry, region, method and other aspects, and study the relationship and influence between foreign direct investment and economic growth. Results: The results show that there is a relatively close relationship between foreign direct investment and economic growth, and it has played a role in promoting economic development in many aspects such as industrial structure, foreign trade, and employment. Conclusions: At the same time, corresponding suggestions are put forward based on the analysis and conclusions drawn.

• 무역학회지
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• 제42권1호
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• pp.165-188
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• 2017

본 연구는 1981년부터 2014년까지 128개 국가를 대상으로 한국과 투자대상국의 지적재산권이 한국의 해외직접투자에 미치는 영향을 분석하였다. 첫째, 한국의 지적재산권과 이의 종류인 특허권과 상표권, 의장권 모두 해외직접투자에 긍정적 영향을 미쳤다. 둘째, 투자대상국의 지적재산권은 특허권을 제외하고 해외직접투자에 긍정적 영향을 미쳤다. 셋째, 지적재산권을 투자대상국에서 활용하기 위한 해외직접투자가 투자대상국의 지식을 습득하기 위한 해외직접투자보다 더 유의하였다. 넷째, 주로 개도국인 고성장 국가에 대해서는 한국의 지적재산권이, 주로 선진국인 저성장 국가에 대해서는 투자대상국의 지적재산권이 더 큰 영향을 미쳤다.

• 한국경제지리학회지
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• 제6권2호
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• pp.355-375
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• 2003

1980년대 중반 이후 해외직접투자에서 가장 주목할 만한 것 중의 하나는 신흥산업국의 출현이었다. 이들의 출현은 과거 선진국 중심의 선진국과 개도국의 남-북 관계에서 신흥산업국 중심의 선진국-신흥산업국-개도국으로 구성된 새로운 공간적 흐름관계를 형성시키고 있다. 특히, 1980년대 중반 이후 아시아 신흥산업국들이 동아시아 역내 직접투자를 활발히 전개함으로써 동아시아 역내 직접투자의 흐름 구조는 일본-신흥산업국-아세안과 중국으로 구분되는 명백한 계층적 구조를 지니게 되었다. 역내 직접투자 유입에서, 일본과 신흥산업국은 역외 선진산업국과 일본으로부터, 아세안은 아시아 신흥산업국과 일본으로부터, 중국은 아시아 신흥산업국으로부터 투자가 유입되고 있다. 역내 직접투자 유출에서, 일본은 신흥산업국과 아세안에 대해 상대적으로 높은 역내 투자를 보이는 반면 신흥산업국은 아세안과 중국에 대한 높은 투자를 보이고 있다. 또한 아세안 및 중국의 역내투자는 아직까지 미흡하지만 신흥산업국에 집중되고 있다. 즉, 동아시아 역내 직접투자 구조에서 신흥산업국의 중간적 역할과 성격이 점차 확대되고 있다.

• 무역학회지
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• 제46권1호
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• pp.1-21
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• 2021

The main purpose of this research is to analyze the changes in investment motivation by year through time series and cross-sectional analysis of the factors and investment decisions of Korean manufacturing companies. According to the investment pattern for Asean from the 1980s to the 19th, the first expansion period was 82 to 86, the average increase in overseas investment for securing foreign raw materials due to the second oil shock, and the second expansion period was a gradual increase in exports to the U.S. in 1987 to 1996. During the first stagnation period, direct investment in Asean stagnated in the aftermath of the 1998-05 Asian crisis, and in the third expansion period, part of the production facilities invested in China were relocated to Asean, increasing Asean's investment to become Korea's largest manufacturing investment in 17. Korea's proportion of investment in Asean surpassed that of mass investment since 10 years ago, and the proportion of investment in manufacturing sector has been transferred from China to Asean, and after 17 years, it has served as an overseas production base connecting China. As such, The main purpose of the research will be to extract the determinant factors and key factors for overseas direct investment and investment patterns in conjunction with global manufacturing companies' production base relocation and investment trends through empirical analysis. This research paper gave basic reference to the motivation and determinant of investment 16 years ago, and analyzed the changes in investment motivation by year and content through empirical analysis, contributing some reasonable purpose to the decision of companies and policy makers interested in overseas direct investment.

• 재무관리연구
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• 제1권1호
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• pp.119-131
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• 1985

Although Korea is short of capital technology, and natural resources, she has achieved an outstanding progress by the export-drive policies by Korean government and the creative endeavor of Korean firms. As a result of that, Korean economy and enterprises are in the same file of newly industrialized countries and Korea is ready for an economic take-off as a developed country. But in the early 1980s, each country strengthens protective trade theory and resources nationalism, and this has a great influence on the field of international trade environment. In spite of that, to continue the same high development as that of the past. Korea must try to secure and find export markets, solve trade barriers, make sure of the long-term security of resources, develop technology, and strengthen economic cooperations. To satisfy these desires by 2000s, we must try to make Korean enterprises have the global competitive power and them grow strongly among world wide firm through capital and technology accumulated during the passed years, and to do so, there must be a foreign production and marketing management, too, this can be achieved only through foreign overseas direct investment. This investment has various forms, to say, verifical integrated, horizontal integrated. conglomerate integrated forms, and the amount of investment in each country from 18 century to today reaches 500 billion dollars. This investment is done by strategic, behavioral economic, and financial motives. So I am going to approach the fields of like these; in spite of the differences among political, economical, caltural, and social systems, and many risk compared with domestic enterprises, why do Korean firms witsh to transfer the productive facilities to overseas countries and run them there? What is the comparative advantage of foreign direct investment compared with domestic investment ?. why is the factor of comparative advantage transferred through foreign direct investment?, what is the motive of foreign overseas direct investment?, and last the ownership-specific factors and the theory of internalization, and the location specific factors were analysed chiefly. But in consideration of the given condition in Korea, Korean overseas direct investment must be propelled rationally on the basis of the above mentioned theory.

• Asian Journal of Business Environment
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• 제6권1호
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• pp.19-24
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• 2016

Purpose - This paper aims to find and analyze factors that determine the flows of bilateral foreign direct investment in intra-ASEAN. It specifically focuses on the dimension of macro-economic, natural resources, human resources, and the quality of governance. Research design, data, and methodology - Data were collected from 64 bilateral relations between ASEAN nations from 2002 to 2013. Panel gravity model was utilized to find factors that determine the flows of bilateral foreign direct investment. Results - Significant factors were identified that determine the flows of bilateral foreign direct investment: GDP home country, GDP host country, real interest rate, distance, and total natural resources rent. Unexpectedly, natural resources have a negative effect. Conclusions - In a situation of increasing the flow of FDI among the countries of ASEAN, the government should control the interest rates and maintain good relations with nearby countries. The negative effect of total natural resource rents implies that ASEAN countries should not depend on their natural resources to attract foreign investments.

• 아태비즈니스연구
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• 제10권4호
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• pp.153-165
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• 2019

This paper examined economic liberalization and corruption in ASEAN member affect Korea's foreign direct investment. We use 160 (country-year) observations from ASEAN 10 member countries for a period of 16 years from 2001 to 2016, with the Economic Liberalization Index provided by the Fraser Institute and the corruption recognition index provided by the International Transparency Organization. As results, economic liberalization showed a non-linear(U shaped) effect on foreign direct investment and corruption has a negative effect on foreign direct investment.