New Multinational Enterprises from Korea and Taiwan  book cover
1st Edition

New Multinational Enterprises from Korea and Taiwan

ISBN 9780415194884
Published March 31, 1999 by Routledge
304 Pages

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Book Description

This volume represents the first substantive study of emerging multinationals (MNEs) from Asian economies, drawing on the unique experiences of South Korea and Taiwan. Combining an econometric investigation with detailed case studies of leading Korean and Taiwanese electronics companies, it aims to demystify the nature and theoretical implications of these dynamic economic regions.
The author argues that many of these `new multinationals do not possess the characteristics typically ascribed to MNEs, such as technological leadership, strong marketing positions or advanced managerial capabilities. This is highlighted by documentation of recent developments in outward investment from Korea and Taiwan at both micro and macro level. The implications of the recent Asian crisis for the internationaliztion of Korean and Taiwanese firms are also explored.

Table of Contents

Chapter 1 Introduction; Chapter 2 Multinational enterprises and late industrialisation; Chapter 3 High-speed economic development of South Korea and Taiwan; Chapter 4 Governments and the organisation of economic activities; Chapter 5 Korea and Taiwan as outward investors; Chapter 6 Firm-level determinants of outward FDI from the electronics industry; Chapter 7 Four case studies of Korean and Taiwanese multinationals; Chapter 8 Summary and conclusions;

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Roger van Hoesel is at present a Consultant at Buck Consultants International, Nijmegen, The Netherlands. The research for this book was done while he worked at Erasmus University Rotterdam. He has been published widely in journals and books focusing on economic developments in Korea and Taiwan, and is co-editor of Multinational Enterprises from the Netherlands (1999), also published by Routledge.


...a well researched and intensive look at the manner in which major South Korean and Taiwanese firms have ventured overseas. The detailed case studies - all taken from the electronics sector - and analysis fill a lacuna in the existing international business literature - Nick J. Freeman, ASEAN Economic Bulletin August 2001