International Commerce and Information Review (통상정보연구)
- Volume 7 Issue 4
- /
- Pages.367-386
- /
- 2005
- /
- 1598-7604(pISSN)
A Study on Invitation and Extension of Foreign Direct Investment in Korea
외국인직접투자 유치확대 방안에 관한 연구
- 오수균 (극동정보대학마케팅정보과)
- Received : 2005.11.03
- Accepted : 2005.12.09
- Published : 2005.12.25
Abstract
The purpose of this is to analyze environment of foreign direct investment and Act in Korea and to find invitation and extension of foreign direct investment into Korea. Investment incentives, simplification of investment procedures, image improvement, increased public relations and investment support services are all factors which can be enhanced in the short term to positively influence investors decision-making in where to invest. Since the enactment of the Foreign Investment Promotion Act in November of 1998, there has been a signification improvement in Korea's investment environment in terms of policies and systems. It is expected that the foreign direct investment environment in Korea will continue to improve through the improvement in political stability, labor-management relations and easing of political tensions between the North and South, in the long term, as well as through improvements in investment incentives, investment procedures and public relations activities, in the short term.