| dc.description.abstract | Under the trend of globalization, enterprises, in order to seek sustainable development of their business, gradually explore overseas opportunities, is the inevitable choice for them to improve the international competitiveness. Explore overseas opportunities can start projects with some overseas investments. For example, set up the factory overseas and move a certain production line, or found some advantageous resources overseas can make an investment project. However, overseas investment must face different economic conditions and risk factors from domestic. Therefore, selecting the appropriate country for overseas project investment (OPI) should be the first step to success overseas investment and it is necessary to perform the risk assessment process before implementing an OPI. This paper constructs a hybrid fuzzy multiple criteria decision making (Fuzzy MCDM) model to analyze and select an appropriate overseas investment location based on the risk analysis and evaluation by the Fuzzy LinPreRa and Fuzzy VIKOR approach. According to the case simulation of a technology company, the results show that the ranking of the relative impact of 5 risk dimension is “Financial risk”, “Politics and social risk”, “Market characteristics risk”, “Macroeconomic risk” and “Operational risk”. For the 20 risk factors, “Operational revenue underperforming” have the greatest impact among all risk factors, the “Host government attitude adjusting” is the second impact of all risk factors and “Market conditions instability” ranking at all risk of the third. This result fully reflects that enterprises that want to invest in overseas projects should have a basic level of financial capacity and are likely to receive better financing conditions and tax concessions from investment countries. The hybrid Fuzzy MCDM model established in this research makes the risk assessment method easier to practice than the traditional statistical method, and also has a fairly reliable theoretical basis. Besides, attempting to apply the Fuzzy VIKOR approach, which is generally used for positive value performance evaluation, to risk assessment of negative value. It is expected that the model established in this study can assist enterprises interested in investing in overseas projects to improve the effectiveness of decision making. | en_US |