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Taiwanese Firms in Southeast Asia - Networking Across Borders (Hardcover)
Loot Price: R3,325
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Taiwanese Firms in Southeast Asia - Networking Across Borders (Hardcover)
Series: New Horizons in International Business series
Expected to ship within 12 - 17 working days
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Taiwanese foreign direct investment rapidly expanded in the
mid-1980s when the domestic wage rate and the value of the
Taiwanese currency skyrocketed simultaneously. Losing their
competitive edge at home, many Taiwanese firms relocated to lower
wage countries; mainly Southeast Asia and China. Taiwanese Firms in
Southeast Asia provides a comprehensive review of Taiwan's direct
investment in Southeast Asia, including Indonesia, Malaysia,
Thailand, the Philippines and Vietnam. It also explores the
motivation behind investment in Asia, Europe and the US. In most
countries, incidence of foreign direct investment is positively
correlated with firm size. However, in Taiwanese firms, the
opposite is true. The book examines the reasons for this and
assesses the difference in practice between small and large firms
conducting foreign direct investment, focusing on the manufacturing
sector. The book also includes an original, comprehensive survey
and a series of interviews with Taiwanese parent firms and their
subsidiaries in Southeast Asia. The authors conclude that
networking underscores the core competitiveness of Taiwanese firms
and when these firms invest abroad, they attempt to maintain a
close connection with domestic networks to retain competitiveness
and flexibility. However, they will have difficulty in sustaining
this in the long-term because co-ordination of production across
national borders requires intensive input of managerial resources
which are scarce among Taiwanese firms. In the long-term, they have
to localize and integrate themselves into the local networks. The
book is a result of joint research efforts by Taiwanese, American
and Southeast Asian scholars and will be required reading for
students and scholars of economies in Southeast Asia, international
business, Asian studies and multinational enterprise.
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