An Empirical Research On International Industry Transfer And It's Decision Factors

Industries began to transfer globally after some developed countries shiftingtheir labor-intensive industries to those developing countries and regions over 1950s'.Then, in 1970s', globalization, development of science and technology, the Open-uppolicies, more and more fierce competition among international player have pushedinternational capitals to enter those emerging markets with relative low cost fromhigh cost countries, along with the industries transfer and resource re-allocation.Those developed countries proactively start industry restructuring to further reliefthe pressure caused by industry imbalance; on the other hand, developing countriesare ready to take over those shifted industries.As one of the most significant industries, steel industry gain extensive focusfrom international industries, governments and specialists. Steel industry is animportant element for the prosperity of China's economy; on the other hand, therapid growth of China's domestic economy has also provided a healthy backgroundfor the development of steel industry. Then how to grab the opportunities and facethe challenges along with international steel industry transfer is unavoidable issuefor all Chinese steel companies, which is the research background of this paper.This paper has researched global steel industries under the framework ofinternational industry transfer, starting from the steel industry transfer practices,combined with Market Demand, Knowledge Transfer, Government Control andMNC theories to establish a international steel transfer model. The main topics ofthis paper are:1. The characteristics, the relevance between industry restructure and industrytransfer of international steel industries2. The role of Market Demand in international steel industry transfer3. The role of Knowledge Transfer in international steel industry transfer4. The role of Government Control in international steel industry transfer5. The role of MNCs in international steel industry transferThis research will be elaborated in 11 chapters: Chapter 1 is the researchbackground, motives, ideas, scope, framework and innovative points.Chapter 2 starts with the characteristics of global steel industries, then analyze the key factors influencing global steel industries restructuring based on the realpractices of industry restructuring, end up with a summarization of industry transferpaths.Relative steel transfer theories are explained in Chapter 3. General introductionof international industries transfer comes at first, followed by theories of MarketDemand, Knowledge Transfer, Government Control and MNC Management.The main parts of this research are Chapter 4,5,6,7 and 8, after building thetheory model, elaborated one by one are those key points about international steelindustry transfer: Attractiveness-Market Demand; Motivation-KnowledgeTransfer; Monitor Mechanism-Government Control; key players and platforms-MNCs, which are the basic theoretical foundations of this research.In Chapter 9, taken steel industry as a specific research objective, based on thereal situation of the international steel industries nowadays, an international steelindustry transfer theory is established. Incorporated with market demand, knowledgetransfer, government control and MNC management into this theory, put forward ademonstration model and related assumptions of international steel industry transfer,and then followed by a detailed research in Chapter 9.In Chapter 10, a detailed business case has been set up according to Bao Steel'sreal experience in order to fully understand international steel industry transfer.Some constructive and helpful suggestions have been put forward to China steelcompanies in Chapter 11 from international steel industry transfer's point of view.The main innovation and contribution of this research are: 1. based on thetheories of Industrial Economy, Economy, Resources Allocation, MNC andInternational Industry Transfer; 2. take steel industry as a specific research objective;3. fully explained international steel industry transfer from 4 aspects: market demand,knowledge transfer, government control and MNC management; 4. establish atheoretical model of international steel industry transfer, demonstrated with a realbusiness case.