This paper suggests policy direction for the internationalization of Korean companies by analyzing the globalization process of Japanese companies and strategies for FDI. As there are worries that the microanalysis might not see the big picture, detecting the globalization strategy Japanese companies will be the most effective method for formulating national FDI policy.
The composition of this study is as follows. Section II reviews the meaning and type of management internationalization. Section III reviews the evolution of corporate strategy and systems. Section IV and V examines the trend and international status of Japanese FDI. Section VI analyzes Japanese strategies for foreign direct investment and internationalization of its industries. A summary and policy implications are provided in Section VII.