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International Business: The New Realities, 5th Edition
book

International Business: The New Realities, 5th Edition

by S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
January 2019
Intermediate to advanced
576 pages
33h 19m
English
Pearson
Content preview from International Business: The New Realities, 5th Edition

Resource- or Asset-Seeking Motives

Firms frequently want to acquire production factors that are more abundant or less costly in a foreign market. They may also seek complementary resources and capabilities of partner companies headquartered abroad. Specifically, FDI or collaborative ventures may be motivated by the firm’s desire to attain the following assets.

  • Raw materials needed in extractive and agricultural industries. Firms in the mining, oil, and crop-growing industries have little choice but to go where the raw materials are. In the wine industry, companies establish wineries in countries suited for growing grapes, such as France and Chile. Oil companies establish refineries in countries with abundant petroleum reserves such as Kuwait. ...

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Publisher Resources

ISBN: 9780136763017