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    請使用永久網址來引用或連結此文件: https://ir.lib.ncu.edu.tw/handle/987654321/103148


    題名: The choice between standard and non-standard FDI production strategies for Taiwanese multinationals
    作者: 蕭義棋;Lin, Hui-Lin;Hsiao, Yi-Chi;Lin, Eric S.
    貢獻者: 管理學院企業管理學系
    關鍵詞: Behavior;Companies;Empirical research;Estimation;FDI;Forces and relations of production;Foreign direct investment;Foreign investment;Foreign subsidiaries;Horizontal integration;Hypotheses;Manufacturing;Multinational corporations;Multinational enterprises;Multinomial logit model;Organizational behavior;Organizational behaviour;Organizational structure;Parent-child relations;Production;Strategies;Studies;Subsidiaries;Taiwan;Vertical integration
    日期: 2015-02-01
    上傳時間: 2026-04-23 11:24:19 (UTC+8)
    出版者: Elsevier;Amsterdam: Elsevier B.V
    摘要: 摘要: •We consider non-standard FDI production strategies for Taiwanese multinationals.•Five FDI strategies of the MNEs’ production behaviors are classified.•A uniquely compiled firm-level data set over the 2004–2007 period is adopted.•The empirical estimates are in general consistent with the proposed predictions.•FDI strategies depend on foreign market size and other firm characteristics. In modeling the foreign direct investment (FDI) behavior of firms, existing studies tend to classify multinational enterprises’ (MNEs) production activities into two broad strategies, namely, standard vertical integration and horizontal integration. In practice, the production behavior of multinational enterprises is much more complex. Based on the production relations between parent firms and their foreign subsidiaries, this study divides MNEs’ production behavior into five strategies: vertical integration, foreign concentration, home concentration, horizontal integration, and heterogeneous horizontal integration. We then propose three sets of interesting hypotheses associated with the five different production strategies. A uniquely compiled firm-level data set of Taiwanese manufacturing firms over the 2004–2007 period is adopted to empirically verify the proposed hypotheses. The empirical estimates are in general consistent with the proposed predictions and suggest that the various production behaviors of MNEs depend on the foreign market size, trade costs, factor advantage, fixed investment costs and firm characteristics. Moreover, each production strategy is influenced by different determinants as implied by our hypotheses.
    出版者: Amsterdam: Elsevier B.V
    出版日期: 2015-02-01
    出處: Research policy, 2015-02, Vol.44 (1), p.283-293
    資源來源: Access articles in the ScienceDirect collection
    版權: 2014 Elsevier B.V.
    版權: Copyright Elsevier Sequoia S.A. Feb 2015
    識別號: ISSN: 0048-7333
    識別號: EISSN: 1873-7625
    識別號: DOI: 10.1016/j.respol.2014.06.005
    識別號: CODEN: REPYBP
    顯示於類別:[企業管理學系] 期刊論文

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