文章基本信息

标题：Foreign Direct Investment in the Food Manufacturing Industry
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作者：Wendt, Minh ; Pederson, Glenn D.
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2006
卷号：37
期号：SUPPL
出版社：Food Distribution Research Society
摘要：Decisions to access foreign markets via foreign direct investment (FDI) are examined using firm-level characteristics in the food manufacturing industry. We also assess variations in the intensity of FDI by parent companies in a variety of countries. We find that capital-intensive firms with higher levels of intangible assets (brand names and reputation), profitability, and knowledge capital are more likely to become multinational enterprises (MNEs). The findings also suggest that intangible assets and knowledge capital underlie the tendency of MNEs to invest more intensively abroad. Larger firm size plays an important, but not a dominant, role in predicting increased FDI activity in the food manufacturing industry.