Korea’s Foreign Direct Investment in the Automotive Industry in China
- 주제(키워드) Automobile , China , foreign direct investment , Korea
- 등재 SCOPUS
- 발행기관 Sage Publications India Pvt. Ltd
- 발행년도 2018
- URI http://www.dcollection.net/handler/ewha/000000151977
- 본문언어 영어
- Published As http://dx.doi.org/10.1177/0009445518761079
초록/요약
This article examines the impact of foreign-invested enterprises in the development of China’s automotive industry. It particularly focuses on the case of foreign direct investment (FDI) by a Korean firm, namely, the Hyundai Motor Company, in China. The Chinese government’s policy regarding the automotive industry allowed China’s domestic manufacturers to benefit from technology transfer, as foreign firms were not allowed to invest exclusively in China without a partnership. The contribution of Korea’s investment in China’s automotive industry would comprise the creation of job opportunities, technology transfer and the development of the automobile parts industry. Korea’s investment in the automotive industry of China has policy implications for China and other developing countries trying to expand their technology-intensive industries. © 2018, © 2018 SAGE Publications.
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