Inward foreign direct investment (FDI) is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency ...Inward foreign direct investment (FDI) is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency in attracting direct and SOC-related investments from foreign entities. This study analyzes 51 cases of inward direct foreign investment made in the Incheon free economic zone (IFEZ) from 2002 to 2009 to determine the factors influencing FDI volume, the relevance of locations and the correlation between investment size and location. First, the relationship between the loeational determinants of FDI and the total investment size (total expected project cost) is analyzed. Second, the relationship between the locational determinants of FDI and the FDI is analyzed. Third, the relationship between the locational determinants of FDI and the location choice is analyzed. The results indicate the determinants that influence locations and investment size of FDI entities; whether these factors exercise influence in the zone; and the factors that have relatively significant effects. Ultimately, based on the analytical findings, a few implications for policy and practice are derived.展开更多
Recently,amount of cargoes from main ports in Northeast Asia have rapidly increased,and as well surplus port development in same region corresponded with the boom in external trade that resulted from successful export...Recently,amount of cargoes from main ports in Northeast Asia have rapidly increased,and as well surplus port development in same region corresponded with the boom in external trade that resulted from successful export-oriented economics strategy by China,Japan and South Korea.To cope with this business circumstances, a certain form of port alliance is desperately needed to provide a suitable service to customer and establish their countervailing power against the shipping alliance.Nevertheless,Incheon seaport has not made a definite port alliance system with main ports in Northern China yet.Thus,the purpose of this study is to identify the key success factors to form a port alliance through examining previous studies.We have benchmarked previous studies which are related to main ports in global region and the questionnaire on customers of ports.By studying this,we are able to suggest a few strategies for forming successful port alliance to enhance Incheon port’s capabilities in the long term plan.As a policy proposal,this study suggests Incheon port and main ports in Northern China should construct a logistics infrastructure through mutual investment and provide an incentive system when the ocean carrier makes port call to both ports.展开更多
文摘Inward foreign direct investment (FDI) is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency in attracting direct and SOC-related investments from foreign entities. This study analyzes 51 cases of inward direct foreign investment made in the Incheon free economic zone (IFEZ) from 2002 to 2009 to determine the factors influencing FDI volume, the relevance of locations and the correlation between investment size and location. First, the relationship between the loeational determinants of FDI and the total investment size (total expected project cost) is analyzed. Second, the relationship between the locational determinants of FDI and the FDI is analyzed. Third, the relationship between the locational determinants of FDI and the location choice is analyzed. The results indicate the determinants that influence locations and investment size of FDI entities; whether these factors exercise influence in the zone; and the factors that have relatively significant effects. Ultimately, based on the analytical findings, a few implications for policy and practice are derived.
基金supported by The Academy of Korean Studies of the Republic of Korea(AKS - 2009 - MB -2002 )The research was also periodical research result of the Youth Project titled The Empirical Research on Performance Measurement of Maritime Economy in China’s Coastal Cities and Provinces(AOCQN200818 ), which was sponsored by the China Ocean Development Research Center
文摘Recently,amount of cargoes from main ports in Northeast Asia have rapidly increased,and as well surplus port development in same region corresponded with the boom in external trade that resulted from successful export-oriented economics strategy by China,Japan and South Korea.To cope with this business circumstances, a certain form of port alliance is desperately needed to provide a suitable service to customer and establish their countervailing power against the shipping alliance.Nevertheless,Incheon seaport has not made a definite port alliance system with main ports in Northern China yet.Thus,the purpose of this study is to identify the key success factors to form a port alliance through examining previous studies.We have benchmarked previous studies which are related to main ports in global region and the questionnaire on customers of ports.By studying this,we are able to suggest a few strategies for forming successful port alliance to enhance Incheon port’s capabilities in the long term plan.As a policy proposal,this study suggests Incheon port and main ports in Northern China should construct a logistics infrastructure through mutual investment and provide an incentive system when the ocean carrier makes port call to both ports.