リケラボ論文検索は、全国の大学リポジトリにある学位論文・教授論文を一括検索できる論文検索サービスです。

リケラボ 全国の大学リポジトリにある学位論文・教授論文を一括検索するならリケラボ論文検索大学・研究所にある論文を検索できる

リケラボ 全国の大学リポジトリにある学位論文・教授論文を一括検索するならリケラボ論文検索大学・研究所にある論文を検索できる

大学・研究所にある論文を検索できる 「The motives for Japanese foreign direct investment in the Southeastern United States」の論文概要。リケラボ論文検索は、全国の大学リポジトリにある学位論文・教授論文を一括検索できる論文検索サービスです。

コピーが完了しました

URLをコピーしました

論文の公開元へ論文の公開元へ
書き出し

The motives for Japanese foreign direct investment in the Southeastern United States

マニエ ワタナベ, レミー Hoadley, James 筑波大学 DOI:10.1108/APJBA-04-2019-0087

2020.07.03

概要

Purpose
Whereas the USA is still the largest investment destination for Japanese companies, Japan also accounts as the second largest source of investment in the country. The purpose of this paper is to, empirically, examine the detailed motives of Japanese affiliates when investing in the Southeastern USA, adding to previous research at the national level.
Design/methodology/approach
This paper uses a qualitative approach based on the interviews of long-term Japanese investors in the manufacturing and wholesale trade industries in the Southeastern USA and applies text analysis to identify their motives.
Findings
The results show that Japanese firms engage in market- and efficiency-seeking foreign direct investment (FDI), and still apply a classic sequence of gradual and incremental market commitments. Market size and growth rate, reducing transaction or transportation costs, and integration within local value chains are the most important to them, whereas competition, creating an export base, lowering tax and accessing skilled labor are of little concern.
Practical implications
The goal of Japanese FDI in the USA is no longer to bypass tariffs but is still part of a complex industrial network of relations which drives further investment. This result can inform policy makers at the state level about the factors that can drive additional foreign investment, such as the establishment of industrial clusters.
Originality/value
This study offers current insights into the motives of Japanese FDI in two industries.

参考文献

Anderson, E., & Gatignon, H. (1986). Modes of foreign entry: A transaction cost analysis and

propositions. Journal of International Business Studies, 17(3): 1-26.

Barboza, D. 2010. China passes Japan as second-largest economy. The New York Times,

August 15.

Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of

Management, 17(1): 99-120.

BEA. 2019. Foreign direct investment in the United States. U.S. Bureau of Economic

Analysis. Available at: https://apps.bea.gov/iTable/index_MNC.cfm

Brouthers, K. D., & Hennart, J. F. (2007). Boundaries of the firm: Insights from international

entry mode research. Journal of Management, 33(3): 395-425.

Buckley, P. J. 1982. Multinational Enterprises and Economic Analysis. London: Cambridge

University Press.

Buckley, P. J. 1988. The limits of explanation: Testing the internalization theory of the

multinational enterprise. Journal of international business studies, 19(2): 181-193.

13

Buckley, P. J., & Casson, M. C. 1976. The future of the multinational enterprise. London:

Macmillan.

Caves, R. E. 1971. International corporations: The industrial economics of foreign investment.

Economica, 38(149): 1-27.

Chang, S. J., & Rosenzweig, P. M. 2001. The choice of entry mode in sequential foreign

direct investment. Strategic Management Journal, 22(8): 747-776.

Cortez, M. 2017. Foreign Direct Investment in the United States: Update to 2017 Report, ESA

Issue Brief #06-17, Office of The Chief Economist, Economics and Statistics

Administration, U.S. Department of Commerce, October 3, 2017. Available at:

http://www.esa.doc.gov/sites/default/files/FDIUS2017update.pdf

Coughlin, C. C., Terza, J. V., & Arromdee, V. 1991. State characteristics and the location of

foreign direct investment within the United States. The Review of Economics and

Statistics, 73(4): 675-683.

Davidson, W. H. 1980. The location of foreign direct investment activity: Country

characteristics and experience effects. Journal of International Business Studies,

11(2): 9-22.

Delios, A., & Beamish, P. W. 1999. Ownership strategy of Japanese firms: Transactional,

institutional, and experience influences. Strategic Management Journal, 20(10): 915933.

Drake, T. A., & Caves, R. E. 1992. Changing determinants of Japanese foreign investment in

the United States. Journal of the Japanese and International Economies, 6(3): 228246.

Dunning, J. H. 1977. Trade, location and economic activity and the multinational enterprise:

A search for an eclectic approach. In B. Ohlin, P. Hesselborn, & P. Wijkman (Eds.), The

international allocation of economic activity: 395-418. London: MacMillan.

Dunning, J. H. 1980. Toward an eclectic theory of international production: Some empirical

tests. Journal of International Business Studies, 11(1): 9-31.

Dunning, J. H. 1981. International Production and the Multinational Enterprise. London:

George Allen & Unwin.

Dunning, J. H. 1993. Multinational enterprise and the global economy. Wokingham:

Addison Wesley.

Dunning, J. H. 1998. Location and the multinational enterprise: a neglected factor? Journal

of International Business Studies, 29(1): 45-66.

Dunning, J. H. 2000. The eclectic paradigm as an envelope for economic and business

theories of MNE activity. International Business Review, 9(2): 163-190.

Eaton, J., & Tamura, A. 1994. Bilateralism and regionalism in Japanese and US trade and

direct foreign investment patterns. Journal of the Japanese and International

Economies, 8(4): 478-510.

Eisenhardt, K. M. 1989. Building theories from case study research. Academy of

Management Review, 14(4): 532-550.

Erramilli, M. K., & Rao, C. P. 1993. Service firms' international entry-mode choice: A

modified transaction-cost analysis approach. The Journal of Marketing, 57(3): 19-38.

14

Froot, K. A., & Stein, J. C. 1991. Exchange rates and foreign direct investment: an imperfect

capital markets approach. The Quarterly Journal of Economics, 106(4): 1191-1217.

Georgia Department of Economic Development. 2017. Georgia Delegation Celebrates

Southeast U.S.-Japan Partnership. Georgia Department of Economic Development.

Available

at:

https://www.georgia.org/2017/11/06/georgia-delegation-celebratessoutheast-u-s-japan-partnership

Government of Japan. 2017. Japanese companies have created 840,000 American jobs.

Government of Japan. Available at: https://qz.com/942619/japanese-companies-havecreated-840000-american-jobs/

Helper, S. R., & Sako, M. 1997. Supplier relations in Japan and the United States. Sloan

Management Review, 36(3): 77-84.

Hennart, J. F. 1988. A transaction costs theory of equity joint ventures. Strategic

Management Journal, 9(4): 361-374.

Hennart, J. F. 1991. The transaction costs theory of joint ventures: An empirical study of

Japanese subsidiaries in the United States. Management Science, 37(4): 483-497.

Hennart, J. F. 2016. Special Essay: Do we really understand why there are multinational

enterprises? A look at early Japanese foreign direct investment in the United States.

Japan MNE Insights, 2(2): 1-5.

Hofstede, G. 1980. Motivation, leadership, and organization: do American theories apply

abroad? Organizational Dynamics, 9(1), 42-63.

Hong, E., Lee, I. H. I., & Makino, S. 2018. Outbound Foreign Direct Investment (FDI)

Motivation and Domestic Employment by Multinational Enterprises MNEs. Journal of

International Management, in press.

Hymer, S. 1970. The efficiency (contradictions) of multinational corporations. The American

Economic Review, 60(2): 441-448.

JASG. 2019. Japan-Georgia Relationship. Japan-America Society of Georgia. Available at:

http://www.jasgeorgia.org/Japan-&-Georgia-Relationship

JETRO. 2018. 1996-2017 FDI stock (Based on International Investment Position, net),

Japanese Trade and Investment Statistics. Japan External Trade Organization.

Available at: https://www.jetro.go.jp/en/reports/statistics.html

Johanson, J., & Vahlne, J. E. 1977. The internationalization process of the firm – a model of

knowledge development and increasing foreign market commitments. Journal of

International Business Studies, 8(1): 23-32.

Johanson, J., & Wiedersheim-Paul, F. 1975. The internationalization of the firm – four

Swedish cases. Journal of Management Studies, 12(3): 305-323.

Kitao, S. 2015. Fiscal cost of demographic transition in Japan. Journal of Economic

Dynamics and Control, 54: 37-58.

Kogut, B., & Chang, S. J. 1991. Technological capabilities and Japanese foreign direct

investment in the United States. The Review of Economics and Statistics, 73(3): 401413.

Kogut, B., & Singh, H. 1988. The effect of national culture on the choice of entry mode.

Journal of International Business Studies, 19(3), 411-432.

15

Kvale, S. 1996. Interviews: An Introduction to Qualitative Research Interviewing.

Thousand oaks, CA: Sage Publications.

LeBreton, J. M., & Senter, J. L. 2008. Answers to 20 questions about interrater reliability and

interrater agreement. Organizational Research Methods, 11(4): 815-852.

Magnier-Watanabe, R., & Lemaire, J. P. 2018. Inbound foreign direct investment in Japan: A

typology. International Business Review, 27(2): 431-442.

Mihut, M. I. 2014. Plaza Accord and the “Explosion” of the Japanese FDI. Procedia

Economics and Finance, 15: 721-729.

Morgan, R. E., & Katsikeas, C. S. 1997. Theories of international trade, foreign direct

investment and firm internationalization: a critique. Management Decision, 35(1): 6878.

Murphy, R. T. 2010. A loyal retainer? Japan, capitalism, and the perpetuation of American

hegemony. The Asia-Pacific Journal, 41(3): 1-10.

Nitsch, D., Beamish, P., & Makino, S. 1996. Entry mode and performance of Japanese FDI in

Western Europe. MIR: Management International Review, 36(1), 27-43.

Ogasavara, M. H., & Hoshino, Y. 2007. The impact of ownership, internalization, and entry

mode on Japanese subsidiaries’ performance in Brazil. Japan and the World Economy,

19(1), 1-25.

QSR

International. 2018. What is NVivo? QSR International.

https://www.qsrinternational.com/nvivo/what-is-nvivo

Available

at:

Rao, T. R., & Naidu, G. M. 1993. Are the stages of internationalization empirically

supportable? Journal of Global marketing, 6(1-2): 147-170.

Siddiqui, K. 2009. Japan’s economic recession. Research in Applied Economics, 1(1): E9.

Trending Economics. 2019. Japan General Government Gross Debt to GDP. Trending

Economics. at: https://tradingeconomics.com/japan/government-debt-to-gdp

World Bank 2018. Exports of goods and services (constant 2010 US$). The World Bank.

Available

at:

https://data.worldbank.org/indicator/NE.EXP.GNFS.KD?end=2016&locations=JP&start

=1996

16

...

参考文献をもっと見る

全国の大学の
卒論・修論・学位論文

一発検索!

この論文の関連論文を見る