This paper emphasizes that Foreign Direct Investment and Korea's overseas direct investment is now more important than ever and plays an important role in the process of economic development and foreign economic exchange.
In spite of a foreign outflow of investment capital and losing substance of domestic industry, direct investment abroad had been a useful tool in stimulating g growth and enhancing the competitiveness of businesses and the national economy.
Given that advanced nations will be increasingly protective of their technology, direct investment abroad will be helpful of recurrence of import barrier and technology transfer from advanced nations.
FDI is also ultimately indispensable for industrial development and contributes to industrial growth in capital and technology-oriented businesses, industrializing the economic structure and strengthening its international competitiveness.