Interstate competition in the US South for South Korean auto investments: a US perspective |
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Authors: | Michael C. McDermott |
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Affiliation: | 1. Department of Management, Haile/US Bank College of Management, Northern Kentucky University, Nunn Drive, Highland Heights, KY41099, USAMcdermottm1@nku.edu |
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Abstract: | Multinational corporations (MNCs) recognize the importance of optimizing their international site-selection decision(s). Similarly, host regions recognize the potential economic benefits of securing ‘greenfield’ investment projects. Thus, there is intense intra-regional competition to secure ‘trophy investments’. The extant research offers little insight to the very final stages of the site-selection negotiation process. No previous study has examined in detail the final stages of international site-selection negotiations involving South Korean MNCs. This paper focuses on the role of US government officials and Southern state stakeholders seeking to secure investments by Hyundai Motors and Kia Motors. It offers an exploratory eclectic theory to explain site-selection decisions. |
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Keywords: | autos inward investment site selection South Korea the South |
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