New Multinational Enterprises from Korea and Taiwan

By Roger van Hoesel

© 1999 – Routledge

304 pages

Purchasing Options:
Hardback: 9780415194884
pub: 1999-02-18
US Dollars$210.00

About the Book

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.


…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

About the Series

Routledge Studies in International Business and the World Economy

As ever-increasing proportion of the world's business takes place across national borders, the need to understand the motive forces behind international business becomes greater. Transnationals are now, in many cases, as important as national governments in shaping trade flows and economic trends. As this series demonstrates, international business is not just the preserve of the largest companies, but impacts on all aspects of business and economic activity. This series is essential reading for policy makers as well as researchers in international business and applied international economics.

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