For an extensive analysis of decision-making in international investments, see AharoniY., The Foreign Investment Decision-Making Process (Boston: Harvard Graduate School of Business, 1966).
2.
This article was made possible by a research grant from St. John's University. The author gratefully acknowledges helpful comments from John F. Goudey, Corporate Marketing Research Manager, Union Carbide, and Dr. Francis Lees, Professor of Economics, St. John's University.
3.
For an example of such an evaluation, see KapoorA.TadrossR., “Indian Investment Center: An Evaluation,”Eastern Economist (July 28, 1967), 152–165.
4.
Puerto Rico's Economic Development Corporation's budget totals approximately $3 million annually, of which $2 million is allocated for export promotion.
5.
Summary of the Report on the Activities of Selected Investment Promotion Agencies of Developing Countries Operating in Capital-Exporting Countries, ID/WG.4/14 (New York: United Nations Industrial Development Organization, June 1967), p. 6.
6.
Questionnaires were sent to all American investors (mainly manufacturers) in Greece, Ireland, Israel, and Taiwan. Response percentages were: Greece, 22; Ireland, 27; Israel, 53; and Taiwan, 8. Because of the low response from investors in Taiwan, their replies are not included in the survey tabulations, although they are included in the general analysis. In addition to questioning investors, interviews were held by the author with a number of Investment Center directors in New York.
7.
An investor in Taiwan may be more interested in Asian markets as potential importers of his goods than in local (Taiwan) demand.
8.
The extent of “agreement” or rank correlation of informational sources between investors in Ireland and Israel is .77, significant at .05. Other rank correlations are: Greece and Ireland, .71; and Greece and Israel, .61.
9.
Summary of the Report on the Activities …, pp. 6–7.
10.
KapoorTadross, p. 161.
11.
GoudeyJohn F., Manager, Corporate Marketing Research Department, Union Carbide Corporation, “Paradoxes and Problems in World Markets,” talk presented to the Twenty-Eighth Annual Meeting of the Chemical Marketing Research Association, New York, May 2, 1968.
12.
MarkowTheodore G., “Foreign Private Industrial Investment in Developing Countries with Emphasis on Latin American Ones,” talk presented to the First Meeting on Industrial Investment Promotion, United Nations Industrial Development Organization, June 19, 1967.
