Hybrid decision factors generated from dunning’s Eclectic Paradigm (Dunning, 1998)
| Factor | Resource-seeking | Market-seeking | Efficiency-seeking | Strategic asset-seeking |
|---|---|---|---|---|
| Cost of resources | The price of natural resources | Real wage costs; material costs | Production cost-related factors (labour, materials and machinery) | |
| Local infrastructures | Infrastructure to enable resources to be exploited | Quality of national and local infrastructure | Availability and quality of local infrastructure | |
| Investment incentives | Investment incentives, such as tax and holiday | Investment incentives, such as tax breaks and grants | ||
| Legislation and regulations | Government restrictions on FDI or on capital/dividend remissions | Government restrictions on FDI and market access | Freedom to engage in trade in one location Government’s role in removing obstacles to restructuring economic activity | |
| Knowledge-related assets | Availability of local partners to jointly promote knowledge | Availability of knowledge-related assets and harnessing such assets from foreign locations | ||
| Agglomerative spatial economies | Increased role of agglomerative spatial economies | Availability of specialized spatial clusters (science parks, service support systems) |
| Factor | Resource-seeking | Market-seeking | Efficiency-seeking | Strategic asset-seeking |
|---|---|---|---|---|
| Cost of resources | The price of natural resources | Real wage costs; material costs | Production cost-related factors (labour, materials and machinery) | |
| Local infrastructures | Infrastructure to enable resources to be exploited | Quality of national and local infrastructure | Availability and quality of local infrastructure | |
| Investment incentives | Investment incentives, such as tax and holiday | Investment incentives, such as tax breaks and grants | ||
| Legislation and regulations | Government restrictions on FDI or on capital/dividend remissions | Government restrictions on FDI and market access | Freedom to engage in trade in one location | |
| Knowledge-related assets | Availability of local partners to jointly promote knowledge | Availability of knowledge-related assets and harnessing such assets from foreign locations | ||
| Agglomerative spatial economies | Increased role of agglomerative spatial economies | Availability of specialized spatial clusters (science parks, service support systems) |
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