Advanced SearchSearch Tips
A Study on the Survival Rate and Factors of FDI to Korea: Focused on ICT Industry
facebook(new window)  Pirnt(new window) E-mail(new window) Excel Download
 Title & Authors
A Study on the Survival Rate and Factors of FDI to Korea: Focused on ICT Industry
Kim, Hyun Gyu;
  PDF(new window)
The objective of this paper is to analyze survival rate and factors of FDI(Foreign direct investment) using FDI data of Ministry of Knowledge and Economy. Kaplan-Meier estimation was used. The result was as follows. M&A of FDI was much more risk than Greenfield FDI. .FDI to the IT-service industry was much more risk than FDI to the manufacturing industry. Partnership under 50% was much more risk than partnership over 50%. The accumulated survival rate of M&A was higher then Greenfield until fourth period but was lower than Greenfield after fourth period. The accumulated survival rate of M&A was lower than others from the first period to last period. There was no difference between Partnership under 50% and partnership over 50% to 4th period. After 4th period, Accumulated survival rate of partnership under 50% was higher than accumulated survival partnership over 50%.
FDI;Greenfield investment;M&A;Kaplan-Meier estimation;Cox PH model;Survival rate;Survival variable;Partnership;
 Cited by
S. J Yun, The Newsfinder (, 2014. 11 18 (Tuesday).

S. G. Oh, 2003, Study of Measures to Vitalize Direct Investment of Foreigners", Journal of Korean Policy Sciences, Vol. 7, No. 3, pp. 314-337, 2003.

Y. J. Chang and J. S. Chun, "Foreign Direct Investment Policy in the Global Economy, Korean Institute of Industrial Economics and Trade Preparation Report for 21st Century", 2010.

J. W. Kwon, J. S. Lee, S. Y. Kim, "The Effects of the investment incentives of Foreign Direct Investment in Korea", Journal of Korea Trade, Vol. 29, pp. 185-201. 2004.

S. M. Kim, "La Politique de l'Accueil de l'Investissement Direct Etranger dans des Pays Europeennes", REUVE D'ETUDES FRANCAISE, Vol. 47, pp. 435-458, 2004.

K. H. Nam, S. H. Yun, "The Problem and Improvement Plan of FDI Policy of Korea," Bank of Korea, Economic Research Institute, 2005.

N. G. Lee, "Study of Measures to Attract Foreign Direct Investment in the Service Industry", Journal of Korea Trade, Vol. 31, No. 3, pp. 45-66, 2006.

K. H. Choi, "A Study on the Tax Incentives for Foreign Direct Investments in Korea", The Journal of Taxation, Vol. 24, No. 1, pp. 51-80, 2007.

B. K Lee, "Productivity Spillovers to Domestic Firms from Foreign Direct Investment: Evidence from Korean Manufacturing", Korean Economic Research Institute Report, 2002.

T. H. Yun. "On the Inter-industry Productivity Spillover Effect of Foreign Direct Investment in Korea", Korean Development Institute Report, 2003.

S. E. Jung and B. H. Kim, "Effects of Foreign Direct Investment on Productivity, Investment and Employment", Journal of Korean Economic Analysis, Vol. 15, No. 2, pp. 105-160, 2009.

K. Y. Kim and H. D. Chung, "An Analysis on the Determinants of Foreign Direct Investment of Korean Small and Medium Sized Firms", The Korean Small Business Review, Vol. 21, pp. 259-280, 1999.

S. J. Park, "A Study of the Impact of the Relationship between Labor and Management to FDI", Research Report, KERI, 2005.

S. B. Lee, M. K Yoon and J. K. Kang, "The Plan Formation Strategy to Attract Investment Foreign Investment through the Business Performance Analysis of Foreign Investment Firms", Invest Korea Report, 2005.

J. W. Ha, "Analysis on the Determinants of Inward and Outward Direct Investment in Korea by Industry", Journal of Korea Trade, Vol. 30, No. 2, pp. 105-131, 2005.4.

J. H. Dunning,, "Toward an Eclectic Theory of International Production: Some Empirical Tests", Journal of International Business Studies, Vol. 11, pp. 9-31. 1980.

J. H. Dunning, "Multinational Enterprises and the Global Economy", Workingham, U.K., Addison-Wesley, 1993.

J. H. Dunning,, "Location and the Multinational Enterprise: A Neglected Factor?", Journal of International Business Studies, Vol. 29, pp. 45-66, 1998. crossref(new window)

J. H. Dunning, "Global Capitalism at Bay", New York, NY: Routledge. 2001.

Teece, D. J., "Profiting from Technological Innovation: Implications for Integration, Collaboration, Licensing, and Public Policy", Research Policy, Vol. 15, pp. 285-305. 1986. crossref(new window)

B. Borys and D. B. Jemison, "Hybrid Arrangements as Strategic Alliances: Theoretical Issues in Organizational Combinations", Academy of Management Review, pp. 234-49, 1989.

P. Ring and A. Van de Ven, "Developmental Processes of Cooperative Interorganizational Relationships", Academy of Management Review, Vol. 19, pp. 90-118, 1994. crossref(new window)

A. Madhok, "The Nature of Multinational Firm Boundaries: Transaction Costs, Firm Capabilities and Foreign Market Entry Mode", International Business Review, Vol. 7, pp. 259-270, 1998. crossref(new window)

W. W. Powell, "Neither Market nor Hierarchy: Network Forms of Organizations", Research of Organizational Behavior, Vol. 12, pp. 295-336. 1990.

H. Hakansson and J. Johansson, "Formal and Informal Co-operation Strategies in International Industrial Networks'. In F. J. Contractor and P. Lorange (Eds), Cooperative Strategies in International Business. Lexington, MA: Lexington Books. 1992.

K. H. Lee, "A Study on the Co-survival and Collaboration of Organization and its Environments", Journal of the Korea Industrial Information Systems Research, Vol. 14, No. 5, pp. 239-256, 2009.

M. E. Porter, "Competitive Strategy," New York, Free Press, 1980.

A. Kokko and T. T. Thang, Foreign Direct Investment and the Survival of Domestic Private Firms in Vietnam, Asian Development Review, Vol. 31, No. 1, pp. 53-91, 2014. crossref(new window)

Bartlett, C. A. and Ghoshal, S., "Changing the Role of Top Management: Beyond Systems to People", Harvard Business Review, Vol. 73, No. 3, pp. 132-142. 1995.

K. W. Glaister and P. J. Buckley, Performance Relationships in UK International Alliances Management International Review, Vol. 6, No. 1, pp. 123-147. 1999.

E. A.. Murray and J. F. Mahon, "Gateway to the New Europe?", Long Range Planning,, Vol. 3, pp. 102-111, 1993.

P. Pekar and R. J. Allio, "Making Alliances Work: Guidelines for Success", Long Range Planning, Vol. 3, pp.102-111, 1993.

J. B. Park, "Theory and Practice of the Existence Analysis", Shin Kwang Press, 2006

J. E. Park, J. B. Hong, "An Empirical Study on the Poor Performing Factor after Finance Crisis in Korea", JKDAS, Vol. 12, No. 5, pp. 2713-2724, 2010.

B. K. Lee and K. C. Shin, "The Determinants of New Firms Survival: An Empirical Analysis Using Hazard Model", International Economic Journal, Vol. 11, No. 1. pp. 131-154, 2005.

Y. S. Jung, Y. K Song, "Survival Probability and Multivariate Survival Analysis of Micro-enterprises after Start-ups", The Korean Social Security Journal, Vol. 24, No. 1, pp. 307-332, 2008.

C. S. Yum and J. B. Hong, "Change Analysis of Survival Rate of Small and Medium after Starting Up", Journal of the Korean Data Analysis Society, Vol. 10, No. 5, pp. 2699-2707, 2008.

J. W. Kim and E. J. Kim, "Investigating the Impacts of IT Strategy on IT Investment and Management Performance in SCM Companies", Journal of the Korea Industrial Information Systems Research, Vol. 14, No. 2, pp. 59-71, 2009.