The choice between standard and non-standard FDI production strategies for Taiwanese multinationals

NCUIR > School of Management at National Central University > Department of Business Administration > journal & Dissertation > Item 987654321/103148

Please use this identifier to cite or link to this item: https://ir.lib.ncu.edu.tw/handle/987654321/103148

Title:	The choice between standard and non-standard FDI production strategies for Taiwanese multinationals
Authors:	蕭義棋;Lin, Hui-Lin;Hsiao, Yi-Chi;Lin, Eric S.
Contributors:	管理學院企業管理學系
Keywords:	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
Date:	2015-02-01
Issue Date:	2026-04-23 11:24:19 (UTC+8)
Publisher:	Elsevier;Amsterdam: Elsevier B.V
Abstract:	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
Appears in Collections:	[Department of Business Administration ] journal & Dissertation

Files in This Item:

File	Description	Size	Format
index.html		0Kb	HTML	17	View/Open

社群 sharing

Loading...