Japanese Foreign Direct Investment and the East Asian Industrial System
Japanese foreign direct investment has played a leading role in Asian economies for more than two decades. This book, describing the changing industrial dynamics after the Asian currency crisis in 1997, focuses on corporate strategies of Japanese automobile and electronics companies in Asian nations, with detailed analysis of management issues and strategies from the viewpoint of both the home economy and the recipient host economies. Among the cases presented are the global restructuring of the Korean automobile industry and the transfer of automotive technology to China via Taiwan. Other studies, from the electronics industry, look at production sites in Malaysia, backward integration in Singapore, and forward integration in Hong Kong. The contributions of specialists from Asia, Europe, and the United States collected here envision an ongoing process of globalization and provide valuable perspective and background for business management and East Asian studies.
This book describes changing industrial dynamics of automobile and electronics industry after the Asian currency crisis in 1997. This contributes to the policy guidelines as well as corporate strategy for internationalization. International collaboration is organized among scholars from Korea, Taiwan, Hong Kong, Singapore, Japan, China, Thailand, Malaysia, France and the United States. Field surveys on the two industries provide rich information and basic understandings on the issues. Japanese Foreign Direct Investment (FDI) has been playing a leading role in the Asian economies for more than two decades. Even though the myth of the "East Asian Miracle" was severely hit by the 1997 Asian Economic Crisis, Japanese Multinational Corporations (MNCs) have achieved organizational evolutions in their market placesWhile Korean automobile manufacturers have experienced global restructuring, Chinese automobile industry have successfully transferred its production technology from Japan via Taiwan. Electronics production has its production site in Malaysia and its backward integration is observed in Singapore whilst its forward integration is done in Hong Kong. Globalization in the early twenty first century is envisaged in this book through international collaboration in East Asian and the Western countries