By Henry Yeung
ISBN-10: 0203014111
ISBN-13: 9780203014110
ISBN-10: 0415140161
ISBN-13: 9780415140164
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Extra resources for Transnational Corporations and Business Networks: An Asian Perspective (Routledge Advances in Asia-Pacific 9)
Sample text
Acer has also formed alliances with Texas Instruments, with Daimler-Benz’s microelectronics subsidiary and with Smith-Corona. Recently, Stanley Shih, the founder of Acer, has branched out to promote the quality and image of Acer. He wants Acer to be the ‘Sony of Taiwan’. He has founded a Brand International Promotion Association in Taipei. Today, Acer is already one of the top ten largest PC manufacturers in the world. Forms of ownership The literature on ‘Third World multinationals’ has shown consistently that joint ventures with minority shares in the equity have been the preferred mode of market entry (see also Donckels and Lambrecht, 1995).
Some manufacturing activities, nevertheless, managed to maintain their role as leading industries of the economy (Chen and Li, 1991; Ho, 1992; Eng, 1997). 8). 7 per cent. In 1992, the total GDP was US$96 billion and the GDP per capita was US$16,510. By 1995, these figures had increased further to US$142 billion and US$23,022 respectively. In terms of trade, Hong Kong was ranked twenty-seventh among leading world exporters in 1960. But by 1988 it had risen to tenth, after leading developed countries from Western Europe, North America and Japan (Ho, 1992: Table 1).
1) countries Total 1,732 50,141 76 18,368 228 39 (100) 36,866 10,225 10,254 55,934 (100) (100) (100) (100) (100) (100) (100) (100) (100) Notes a Data are based on cumulative approved outflows from 1979–87 in millions of yuan. b Data have been obtained on the basis of inward stock attributed to Hong Kong up to 1993 in the various host countries. Source: Low et al. (1996: Table 2). c Data represent the value of Indian investments in joint ventures abroad in production or under implementation as at the end of 1988.
Transnational Corporations and Business Networks: An Asian Perspective (Routledge Advances in Asia-Pacific 9) by Henry Yeung
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