| Summary: | 碩士 === 國立成功大學 === 企業管理學系 === 88 === The major purpose of this study is to examine how firm operation, industry, and host country factors affect Taiwanese firms’ decisions on the choice of entry modes and the performance of foreign-invested enterprises (FIE). The model also tests for significant differences among the countries, the industries, and the time stages.
The existing literature on the entry mode decision and the performance of FIE has collected data via a survey methodology. This study tries to use hard data to measure variables, and to reach different conclusions. Fourteen major hypotheses are tested using a longitudinal sample of 1,648 foreign business activities in China, Indonesia, Malaysia, Philippine, Thailand, and Vietnam between 1996 and 1998. Multivariate Analysis of Variance (MANOVA) and multiple regression model are employed to test the hypothesized effects.
The main findings can be summarized as follows:
1.The variables that have positive impacts on the degree of control sought in the entry mode include firm’s R & D intensity, firm growth, FIE size, industry growth, and host country production cost. The variables that have negative impacts on the degree of control include firm’s multinational experience and host country infrastructure.
2.The variables that have positive impacts on the performance of FIE include firm’s multinational experience, firm growth, firm’s profitability, and host country market potential; the degree of equity control has a negative impact on the performance of FIE.
3.There are statistically significant differences in firm’s multinational experience, FIE size, FIE’s entry mode, and FIE performance among the six countries.
4.FIE size and the degree of equity control have a tendency to increase.
5.There are statistically significant differences in FIE size, FIE’s entry mode, and FIE performance among the industrie
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